Construction Chemicals Market Share

Asia Pacific Market Forecast

The Asia Pacific construction chemicals market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The market's expansion can be attributed to the government's increasing infrastructure-related initiatives as well as the rising demand for residential and non-residential buildings. The region's growing urbanization is also expected to have a substantial positive impact on the infrastructure sector, which is expected to fuel regional market expansion. For instance, China's permanent residency urbanization rate was 64.72 percent in 2021 and the country wants to increase that rate to 65 percent by 2025. Additionally, the region's expanding textile industry and the presence of important construction chemicals market competitors are predicted to fuel market expansion.