The global construction chemicals market size is projected to reach USD 70.91 billion by the end of 2026.
The need for improved infrastructure will open up a huge potential for the growth of the market. According
to a report by Fortune Business Insights, titled “Construction Chemicals Market Size, Share & Industry
Analysis, By Type (Admixtures, Flooring, Waterproofing, Repair & Rehabilitation, and Others), By
Application (Residential, and Non-Residential), and Regional Forecast, 2019-2026,” the market
was worth USD 42.32 billion in 22018 and will exhibit a CAGR of 6.7% during the forecast period, 2019-
Construction chemicals are used as additives in cement and other construction material. They are widely
used for improving the performance of several products, with a bid to establishing durable and structures
and interiors. The high investment in the research and development of newer products will have a positive
impact on the growth of the market in the coming years. Besides durability, this product provides strength
to the substance in which they are used. The presence of several large-scale companies will have a huge
impact on the growth of the market in the foreseeable future. The properties of construction chemicals such
have allowed applications across diverse construction sectors, subsequently contributing to the growth of the
Variations in Product Offerings Will Aid Growth of the Market
The report encompasses several factors that have contributed to the growth of the market in recent years.
Among all factors, the variations in product offerings will have a huge impact on the growth of the market.
Several large-scale companies are looking to offer newer variations in these products with a bid to
establishing a stronghold in the market. The In December 2018, Fosroc announced the launch of a green
roof waterproofing grade of Polyurea. The product will offer improved resistance and water permeability,
accounting to which it will witness huge demand in the coming years. Fosr