Construction Chemicals Market 2027 – Forecast & Projected Growth
The global construction chemicals market was valued at USD 37295.64 million in 2027 and is anticipated to project robust growth during the forecast period at a CAGR of 5.30% due to massive capital investment and supportive government policies. Growing Investments in Infrastructure for Renewable Energy During the forecast period, the construction chemicals industry is anticipated to be driven by a rapid increase in expenditure on renewable power production capacity. Particularly in the United States and Europe, several power-producing businesses are making investments in renewable energy sources. Additionally, governments all over the world are pushing renewable energy sources by providing incentives and subsidies to enterprises that produce renewable energy. The Indian government cleared a USD 1518.3 Million plan to set up infrastructure to transmit electricity from renewable energy projects as it seeks to boost the output from green sources and meet half of the nat...