Construction Additives Market Analysis and Scope (2023 to 2030)
Construction Additives Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 72.76 Billion |
Market Size by 2030 | US$ 114.59 Billion |
Global CAGR (2022 - 2030) | 5.8% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various initiatives taken by the key players operating in the construction additives market are listed below:
- In April 2021, Dow Construction Chemicals expanded its territory with JNS SmithChem LLC as an authorized Southeast region distributor, covering Maine, Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, and Pennsylvania states.
- In July 2023, Heidelberg Materials celebrated the opening of the second-largest cement plant in North America.
- In July 2023, Sika AG invested in macro fibers for the fast-growing demand for sustainable concrete in the US.
Competitive Landscape and Key Companies:
Sumitomo Seika Chemicals Co Ltd, Nippon Shokubai Co Ltd, Sanyo Chemical Industries Ltd, BASF SE, Evonik Industries AG, LG Chem Ltd, Satellite Chemical Co Ltd, Kao Corporation, Yixing Danson Technology, and Songwon Industrial Group are among the key players profiled in the construction additives market report. The global market players focus on providing high-quality products to fulfill customer demand.