The construction industry is facing several challenges, including a shortage of skilled workers, sustainability and safety regulations, and cost pressure. The industry is also undergoing significant changes, with new materials and construction technologies, specialty chemicals, precast, technical mortars, and modular construction becoming increasingly popular. The construction chemicals market is expected to reach $71bn in value by 2026, and the construction industry is one of the major end-users of precast concrete products. The growth of construction activities, especially in emerging economies, drives the demand for precast products. The growth of the technical mortars market is also driven by increasing demand for sustainable and energy-efficient buildings.