North America Hygroscopic Building Material Market Overview:

A research team conducted extensive primary and secondary research for the global North America Hygroscopic Building Material market analysis. Secondary research was carried out to supplement existing data, segment the market, calculate total market size, and forecast market size and growth rate.

The numerous users in the market are discussed, as well as the factors driving the North America Hygroscopic Building Material market's growth. Data is contributed by market participants, geographic areas, and specific requirements. This market-ready study proposal provides a thorough overview of all significant advancements that are currently in use across all market segments. It is recommended that key data analysis be presented in the form of statistics, infographics, and presentations.

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Demand in the construction and mining sector:

Construction is a major customer for several industries, including mining, manufacturing, and a variety of services. This includes all private and public real estate & commercial infrastructure development in the United States, which are a major source of labor. Canada is one of the world's richest countries and has one of the largest economies. Construction is the economy's backbone, responsible for constructing and maintaining the built infrastructure of cities, towns, and communities. Construction and infrastructure have grown dramatically in the recent decade, with over 50 skyscrapers erected in major cities such as Toronto, Vancouver, & Calgary. Infrastructure Canada has funded more than 6,500 projects to build & maintain thousands of kilometers of expressways & highways. Thus it drives the demand for North America Hygroscopic Building Material in North America.

North America Hygroscopic Building Material Market Segmentation:

Inorganic Minerals/Clays, Inorganic Salts, Natural Hygroscopic Materials, Molecular Sieve, Silica/Silicon Dioxide, and Others are the types of hygroscopic building materials that are sold in North America. With a CAGR of 6.8% over the forecast period, the category of inorganic salts experienced the fastest growth. Calcium chloride is one of the inorganic salts that is most frequently used. In the construction industry, calcium chloride is used for a number of purposes including dust control, gravel stability, concrete acceleration, and more. It is highly effective when compared to other hygroscopic minerals like silica/silicon dioxide & clay. In these applications, calcium chloride draws moisture from the air (and holds moisture added during construction and maintenance activities), preventing the fine and coarse gravel particles from degrading the road by binding them together.

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North America Hygroscopic Building Material Market Key players:

Porocel Corporation (US)
R. Grace (US)
Hengye Inc. (US)
Criterion Catalysts & Technologies (USA)
Cormetech (USA)
Materia (USA)
Quadra Chemicals (Canada)
COVID-19 Impact on North America Hygroscopic Building Material market:

The North America Hygroscopic Building Material market has been significantly impacted by the COVID-19 outbreak. The development of North America Hygroscopic Building Material production facilities has been halted due to the global economic downturn and a labour shortage. COVID-19 pandemic has resulted in a significant and long-term decrease in production utilisation. Additionally, travel restrictions and facility closures have hampered staff visits, limiting the North America Hygroscopic Building Material market's growth in 2020. However, given the high demand for North America Hygroscopic Building Material, COVID-19's market effects are expected to be transitory. The industry is expected to recover completely by early 2021.

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