"Innovative Market Solutions to Help Businesses Make Informed Decisions"
Construction additives are chemical and minerals added to contruction materials to enhanced the physical property. Construction additives are usually added to cement, mortar, and other giving them enhanced stability, durability. These additives are chemicals, that are added to cement to make concrete strong and more efficient for building construction. Some construction additives used minimize the quantity of water in cement leading to conservation of resources.This alteration in the product the provides resistance from harsh conditions, external damage, waterproffing abilites, thus offering bigger and stronger infrastructures.
The market for construction additives is driven by the rising demand for improved qualitiesof construction materials. Growing population is leading to high growth in construction industry, which in turn, is causing high demand for construction additives. Additionally, growing advancement in construction technologies is expected to drive the market for construction additives.
Key Market Driver -
Rising demand for improved qualities of construction materials
Key Market Restraint -
High prices of raw materials
The market of construction additives will be affected due to high prices of raw materials. Chemical additives added into construction materials are expensive, which is expected to have adverse impact on the construction additives market. Moreover, governmental regulations over environmental concerns also affect the market growth, thus restraining the market for construction additives.
Based on product type, the market for construction additives is segmented into chemical, mineral, and fibres. Based on End-Use, the market is segmented into residential sectors and non-residential sectors.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global construction additives market share is competitive and fragmented, with a number of global & regional players operating. Some of the key players includes BASF SE, Sika AG, DOW, W.R.Grace & Co., Chryso, RPM International, Mapei S.P.A., Evonik Industries, Fosroc International, Cico Group, and Others.
The construction additives market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region dominates the construction additives market in terms of both consumption and production. Increasing infrastructural activities in China, India, and South Korea which is expected to support the market growth for construction additives. In North America and Europe, trend of renovating old structures and growing healthcare industry in the region is augmenting the market growth. Moreover, technoogical advancement and highly disposable income is supporting the growth of the market in the region.
To gain extensive insights into the market, Request for Customization
The consumption of construction additives market is also increasing in Latin America and Middle East & Africa due to growing urbanisation and growing disposable income among the consumers to drive the market growth. Moreover, easy availability of raw materials will also increase the market demand for construction additives.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry