Construction Chemicals Market Segmentation:
Concrete Admixtures Segment Analysis
Water-reducing admixtures segment is expected to capture a 40% share of the global construction chemical market because they play a vital role in improving the workability and strength of concrete while minimizing water usage. The demand is being driven by growing infrastructure development and urbanization, especially in developing countries. The U.S. Geological Survey notes that the surge in construction activities necessitates high-performance admixtures to enhance durability and sustainability, which in turn boosts market growth. Moreover, governments are focusing on environmentally friendly construction methods, leading to a higher uptake of these admixtures.
Protective Coatings Segment Analysis
Epoxy coatings are at the forefront of protective coatings, expected to hold a notable 34% share of the global market by 2037. The EPA has rolled out tougher regulations on volatile organic compounds (VOCs), which are steering manufacturers to adopt epoxy formulations that are more environmentally friendly. This regulatory push, along with a rising demand for corrosion protection in industrial and infrastructure sectors, particularly in Europe and North America, is fueling the growth of epoxy coatings. Additionally, heightened investments in upgrading aging infrastructure are bolstering the expansion of this sub-segment.
Our in-depth analysis of the global construction chemicals market includes the following segments:
Segment |
Subsegment |
Concrete Admixtures
|
|
Protective Coatings |
|
Sealants |
|