Green Building Material Revolutionizing Infrastructure Sector

A range of chemicals are added to concrete, cement, and other construction materials to keep everything intact and increase the strength of the final mixture. These are used in large quantities in the civil repair and construction sectors. Therefore, the surging rate of urbanization in emerging economies has led to the large-scale consumption of such chemicals in these countries, as they make buildings more durable. Moreover, the rising need for infrastructure development in developing nations on account of the booming population will amplify the consumption of construction chemicals.

People in emerging economies are migrating from rural to urban areas in search of better employment opportunities and standard of life. Owing to the economic, social, and environmental changes brought about by urbanization, it becomes difficult to meet the requirements of the growing urban population, especially in the areas of housing, transportation, and energy. To meet the rising needs, developing nations are focusing on the construction of new buildings. As a result, the construction chemicals market will likely grow from $55,111.6 million in 2017 to $80,025.4 million by 2023, at a CAGR of 6.5% during 2018–2023.

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.

Furthermore, the APAC construction chemicals market will exhibit the fastest growth during the forecast period, driven by the escalating need for construction chemicals in the emerging economies of India and China. China has emerged as the construction capital of the world due to urban development in numerous major clusters, including the Pearl River Delta, Yangtze River Delta, and Beijing–Tianjin–Hebei. Moreover, the heavy government investments for such large-scale infrastructure development, including of establishment smart cities, in China will fuel the demand for construction chemicals in the foreseeable future.

Thus, the mushrooming focus on enhancing the durability of buildings and growing number of green buildings will accelerate the usage of construction chemicals in the immediate future.

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