The Global Construction Chemicals Market was valued at $49.9 billion in 2022, and is anticipated to increase by 6.1% between 2023 and 2030 to reach $88.1 billion.
Construction chemicals have always been playing an important role in almost all sorts of construction projects, be it industrial projects, residential building projects, commercial building projects, and others. These chemicals are often used in several elements of projects to achieve various significant qualities such as workability, durability, etc. Construction chemicals exist in many varieties from a large number of manufacturers worldwide.
Growing demand for public, commercial and residential buildings combined with rising urban population is boosting the growth of the global Construction Chemical market. Furthermore, the large demand for buildings, roads, bridges, tunnels, and dams is further propelling the growth of the global Construction Chemical market.
Moreover, infrastructure is the most attractive sector in the global Construction Chemicals market. It would be the first preference for new entrants owing to the rising population and urbanization that drives the need for sustainable infrastructure and environmental friendly products. In addition to this, chemical products such as concrete admixtures similarly help in minimizing the quantities of cement and water generally required during the construction.
Covid-19 Impact on Construction Chemicals Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world
Construction Chemicals Market Segment Overview
According to Type, the Concrete Admixtures segment occupied the maximum share in the global Construction Chemicals market. Admixtures are used during the first stage of construction. Ligno-based, SNF (Sulfonated Naphthalene Formaldehyde) & SMF (Sulfonated Melamine Formaldehyde)-based and PCE-based are the three types of admixtures generally dominant in the market. In addition, Ligno-based admixtures were the first-generation admixtures with lower performance as compared to SNF & SMF- and PCE-based admixtures. PCE-based admixtures are third-generation admixtures and are usually 3-4 times more expensive than SNF & SMF-/Ligno-based admixtures.
Construction Chemicals Market, By Type
· Concrete Admixtures
· Water Proofing & Roofing
· Repair
· Flooring
· Sealants & Adhesives
· Others
Construction Chemicals Market, By End-Use
· Residential
· Industrial/Commercial
· Infrastructure
· Repair Structures
Construction Chemicals Market Regional Overview
In terms of region, North America accounts for the largest share of the global Construction Chemical market. The U.S. is the leading consumer of construction chemicals due to the significant demand from the construction industry in the country. North America is followed by Europe. Demand for construction chemicals in Europe is high due to the rise in demand for reconstruction activities. Similarly, the Asia Pacific region is projected to have a major share of the Construction Chemical market. The rapidly growing economies in Asia-Pacific have tremendous potential for construction chemicals, as the fast-growing urbanization is requiring the growth of residential complexes and buildings are in high demand in response to the constant urbanization globally.
Construction Chemicals Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Construction Chemicals Market, Key Players
· BASF SE
· W.R. Grace
· RPM International
· Sika A.G.
· Fosroc International
· The Dow Chemical Company
· Arkema S.A.
· Ashland Inc.
· Mapei S.p.A
· Pidilite Industries
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Construction Chemicals Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Concrete Admixtures
- 5.2.2. Water Proofing & Roofing
- 5.2.3. Repair
- 5.2.4. Flooring
- 5.2.5. Sealants & Adhesives
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast – By End-Use
- 5.3.1. Residential
- 5.3.2. Industrial/Commercial
- 5.3.3. Infrastructure
- 5.3.4. Repair Structures
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Construction Chemicals Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Concrete Admixtures
- 6.2.2. Water Proofing & Roofing
- 6.2.3. Repair
- 6.2.4. Flooring
- 6.2.5. Sealants & Adhesives
- 6.2.6. Others
- 6.3. Market Analysis, Insights and Forecast – By End-Use
- 6.3.1. Residential
- 6.3.2. Industrial/Commercial
- 6.3.3. Infrastructure
- 6.3.4. Repair Structures
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Construction Chemicals Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Concrete Admixtures
- 7.2.2. Water Proofing & Roofing
- 7.2.3. Repair
- 7.2.4. Flooring
- 7.2.5. Sealants & Adhesives
- 7.2.6. Others
- 7.3. Market Analysis, Insights and Forecast – By End-Use
- 7.3.1. Residential
- 7.3.2. Industrial/Commercial
- 7.3.3. Infrastructure
- 7.3.4. Repair Structures
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Construction Chemicals Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Concrete Admixtures
- 8.2.2. Water Proofing & Roofing
- 8.2.3. Repair
- 8.2.4. Flooring
- 8.2.5. Sealants & Adhesives
- 8.2.6. Others
- 8.3. Market Analysis, Insights and Forecast – By End-Use
- 8.3.1. Residential
- 8.3.2. Industrial/Commercial
- 8.3.3. Infrastructure
- 8.3.4. Repair Structures
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Construction Chemicals Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Concrete Admixtures
- 9.2.2. Water Proofing & Roofing
- 9.2.3. Repair
- 9.2.4. Flooring
- 9.2.5. Sealants & Adhesives
- 9.2.6. Others
- 9.3. Market Analysis, Insights and Forecast – By End-Use
- 9.3.1. Residential
- 9.3.2. Industrial/Commercial
- 9.3.3. Infrastructure
- 9.3.4. Repair Structures
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. BASF SE
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. W.R. Grace
- 10.6. RPM International
- 10.7. Sika A.G.
- 10.8. Fosroc International
- 10.9. The Dow Chemical Company
- 10.10. Arkema S.A.
- 10.11. Ashland Inc.
- 10.12. Mapei S.p.A
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
