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Construction Chemicals Market Segmentation and Major key Players Analysis 2024

The global market is estimated to register a CAGR of 6.3% during the forecast period. Rising urbanization, coupled with various infrastructural developments are boosting market growth. The Global Construction Chemicals Market size is expected to reach USD 67.61 billion by 2024, according to a new report by Grand View Research, Inc. Construction chemicals are the chemical compounds used to modify the properties of the construction materials. These chemicals reduce the amount of water used in a construction. They play a crucial role in improving the overall performance of a building and non-building structures. These chemicals can be categorized into different product segments including concrete admixtures, construction adhesives, construction sealants, protective coatings, and waterproofing chemicals. The most important group of raw materials found in almost every construction chemical formulation are polymers. In many cases, the chemical producer, construction chemical m