What Kind of Chemicals Are Used during Construction?

Key factors such as the rapid industrialization and urbanization and surging awareness regarding green buildings will drive the construction chemicals market at a CAGR of 6.5% during the forecast period. At this rate, the market value will rise from $55,111.6 million in 2017 to $80,025.4 million by 2023. A range of chemicals are added to concrete, cement, and other construction materials to increase the strength of the final mixture and keep everything intact in the fact of strong winds and earthquakes. Due to these features, high volumes of specialty chemicals are used in infrastructure repair activities.

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Construction activities are rising in urban areas due to the continuous migration of the rural population, primarily in developing countries. People from rural areas are moving to urban areas in search of better employment opportunities and improved standard of life. This is driving the need for state-of-the-art infrastructure, which has led to the construction of commercial units, airports, railway stations, stadia, and hotels in several countries. For instance, the Saudi Vision 2030 project, Abu Dhabi 2030 plan, and the Smart City Initiative of India will propel the demand for construction chemicals in the coming years.

In the past, the Asia-Pacific region utilized the highest quantity of construction chemicals due to a significant surge in the construction activities in Japan, India, and China. The rapid expansion of the residential real estate sector, on account of the booming population of the middle-class people, has augmented the demand for these chemicals in the region. Besides, the growing focus of governments on infrastructure development has boosted the application of construction chemicals in the APAC region.

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Thus, the expansion of the residential real estate sector and heavy investments in infrastructure development are leading to the high-volume consumption of construction chemicals.

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