The Construction Chemicals market size is estimated at USD 47,997.12 million in 2020, and the market is expected to record a CAGR of more than 6% over the forecast period (2021-2027).
The market was negatively impacted by COVID-19 in 2020; however, with the onset of the COVID-19 epidemic, construction work has halted around the world, especially in major construction hubs such as China, India, the United States and European countries. For example, the construction industry in Korea is expected to shrink by about 3% in 2020 due to the coronavirus outbreak and slowing economic growth. Loss of investment plans and closing of planned projects can be experienced in the market after lockdown and normalization of business operations, which further affects buildings and construction throughout the region.
A full report of Construction Chemicals Market available at https://www.orionmarketreports.com/construction-chemicals-market/11679/
Construction Chemicals Market: Segmentation
By Type
• Concrete Admixtures
• Water Proofing & Roofing
• Repair
• Flooring
• Sealants & Adhesives
• Other chemicals
By End-Use
• Residential
• Industrial/Commercial
• Infrastructure
• Repair Structures
Major Players
• MAPEI
• RPM International Inc.
• Sika AG
• Arkema
• Dow
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)