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New report released on the global construction chemicals market

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World Cement,

Research and Markets has released its report on the ‘Global Construction Chemicals Market – Forecasts from 2016 to 2021’.

Construction chemicals are used to strengthen building structures and increase their life, durability and performance. Some construction chemical products assist in reducing the water and cement quantities deployed in construction, as well as augmenting cement performance. Though using construction chemicals increases the cost of a project, the benefits outweigh this expense.

Rising global population, combined with rapid urbanisation, requires the provision of strong infrastructure. This is a key element driving growth in the global construction chemical market. However, the high cost of these products, combined with a lack of proper marketing, has strained market growth.

Geographically, APAC and South America region is predicted to witness the highest growth over the forecasted period due to growing foreign direct investments, initiatives undertaken by governments to promote energy efficient buildings and spurring of many housing programmes at affordable rates in the area.

The full report can be found here.

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Construction news