Construction Chemicals Market Poised for Steady Growth in the Future Market Intelligence Report Construction Chemicals, | Page 4

Report
Description
Report Description
America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.
Asia Pacific construction chemical market dominates in the global construction chemical
market geographic segments followed by Europe, Americas and Middle East respectively.
In terms of growth rate the Asia Pacific construction chemical market is expected to
exhibit double digit CAGR, higher than that of other geographic segments of global
construction chemical market for the forecast period. Whilst the developed countries in
Americas and Europe is projected to grow with stagnant growth rate for the forecast
period due to maturing market and slower growth in infrastructural development. The
growth in Asia Pacific segment of global construction chemical market is spurred by
growing urbanization which is fuelling the growth of infrastructure projects, thereby
leading to the consumption of 65% of the world’s cement production. China standouts to
be leader in Asia Pacific region of global construction chemical market whilst the India
has miniscule market share, however the demand of construction chemical is gaining
momentum in global construction chemical market in India due to rising awareness of
benefits of construction chemicals. Other countries such as Russia, Australia and Brazil
are expected to have high growth rates in their respective regions of global construction
chemical market segment.
The global construction chemicals market canbe broad ly classified into concrete
admixtures, water proofing chemicals, flooring compounds, repair & rehabilitation and
others. Concrete admixtures chemicals are used for better mixing of materials used in
cement to make concrete, which holds the majority in global construction chemical
market. Concrete admixtures construction chemical market can be further divided into.