Construction Additives Market to offer a healthy CAGR of 6.8%
February 14, 2020
Construction Additives Market Overview:
Construction additives market is likely to witness a healthy CAGR of 6.8% during the forecast period. The growing demand for construction additives is mainly owing to the increasing number of construction activities in both, residential as well as commercial sector, which is majorly driving the market.
Report Overview:
This report, from Stratview Research, studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Construction Additives Market Segment Insights:
Chemical Additive Segment: The growth engine
Based on the additive type, the market is segmented as chemical, mineral, and fiber. Construction additives enhance the chemical as well as the physical properties of concrete. The chemical additive segment is estimated to grow at the highest rate during the forecast period on account of its properties, such as weather resistance, durability, compressive strength, and improvement in the quality of the structure.
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https://www.stratviewresearch.com/toc/670/construction-additives-market.html
Dominance of: The commercial segment
Based on the end-use sector type, the construction additives market is segmented as residential, commercial, and infrastructure. The commercial segment leads the market owing to rise in the construction of non-residential buildings and institutes. Further, the gradual preference of building contractors for eco-friendly, cost-effective, latest building techniques, and the use of ready-mix concrete are the major factors for the dominance of this segment.
A highly/moderately/fragment consolidated Market
Some of the major construction additive manufacturers are BASF SE, W. R. Grace and Company, RPM International, Dow Inc., Sika AG, Fosroc International, and MAPEI.
Regional Hegemony of Asia-Pacific
Asia-Pacific is estimated to register the highest growth in the construction additives market during the forecast period. The market is mainly driven by fast urbanization, leading to construction of residential and non-residential buildings without compromising the quality of buildings and increasing government spending on infrastructural development activities.
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