Construction Chemicals Market Size, Technological Advancements, and Forecast 2024–2030
Construction Chemicals Market: 2024–2030 Outlook
The Construction Chemicals Market is poised for substantial growth, projected to expand from USD 45.19 billion in 2023 to USD 67.95 billion by 2030, reflecting a CAGR of 5.7% during the forecast period.
Market Estimation & Definition
Construction chemicals encompass a diverse range of chemical formulations and additives used throughout various phases of construction to enhance the durability, performance, and sustainability of buildings and infrastructure. These chemicals are specifically designed to improve the properties of building materials such as concrete, mortar, grout, and cement mixtures. The market's growth is driven by factors such as infrastructure development, urbanization, increasing construction activities, and stringent regulatory requirements for sustainable building practices.
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