• aditya kaushal

Construction GDP Growth Rate & Construction Chemicals Market: 2020 Estimates and CAGR Forecast

Market by Product Type, End-User Segment, and Geography: 2016-2026


Asia-Pacific

Asia-Pacific Construction GDP Growth Rate 2020
Source: Trading Economics

Asia-Pacific is the largest market for construction chemicals and is estimated to account for about 36.94% of the global market in 2020. The region is also estimated to have the highest CAGR of 6.62 % by revenue, followed by the Middle-East and Africa, Europe, and North America over the forecast period 2020-2026.

Asia-Pacific Construction Chemicals Market size and forecast
Source: AKI Research

In the construction chemicals market, India is estimated to have the fastest CAGR of about 8.94% by revenue in the region over the forecast period. The country will become the second-largest market over the forecast period after China.


Europe

Europe Construction GDP Growth Rate Quarterly 2020
Source: Trading Economics

In Europe, Germany is estimated to account for the highest construction

chemicals market share, more than 22.9% in 2020. The country is also

estimated to have the fastest CAGR of about 5.10% by revenue in Western

Europe over the forecast period.


Europe Construction Chemicals Market Size and Forecast
Source: AKI Research

In 2020, Germany showed high construction GDP growth in Q2, Q3,

and Q4. Russia has also demonstrated a very high positive trend in

Q2, Q3, and Q4 in construction activities.

Italy has about 43.27% q-o-q growth rate in Q3, followed by the United Kingdom 41.35%, France 34.57%, Spain 20.64%, etc.




Americas (North America, South America)

Americas Construction GDP Growth Rate Quarterly, 2020
Source: Trading Economics
North America Construction Chemicals MArket Size and forecast
Source: AKI Research
South America Construction Chemicals MArket Size and forecast
Source: AKI Research

In America, the USA is the largest market for construction chemicals. The market in the USA is estimated to have a CAGR of 4.68% over the forecast period. Mexico will have the fastest CAGR of about 6.3%, followed by Canada. Columbia will have the fastest CAGR of about 5.10% in the South American region over the forecast period.


Middle-East & Africa

Middle-East & Africa Construction GDP Growth Rate 2020
Source: Trading Economics

In Middle-East & Africa, Saudi Arabia is estimated to have the largest market in

the region and will have a CAGR of 5.04% by revenue over the forecast period.

Egypt, the largest market in the North African region, will have the highest

CAGR of 8.34% over the forecast period.

Middle-East & Africa Construction Chemicals Market Size and forecast
Source: AKI Research