SCC, HPC demand help construction chemicals’ five-year outlook
- Published: Monday, 16 February 2015 12:57
- Written by Concrete News
Sources: Freedonia Group, Cleveland; CP staff
U.S. demand for construction chemicals used in on-site applications is projected to grow 8.2 percent per year through 2018 to $12.1 billion. Gains will be primarily driven by double-digit increases in building construction expenditures, owing to healthy economic growth and an improved consumer financial outlook. Increased economic activity and greater government investment in the aging infrastructure will also support construction chemical use in nonbuilding applications.