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 nation’s energy requirement from them by 2030. The Australian government provided wind power producers with subsidies of USD600 million. This is anticipated to increase consumer demand for the services offered by construction firms, boosting the market throughout the anticipated timeframe.
Rising Construction Activities in Developing Countries
In the upcoming years, it is anticipated that rising construction activity in emerging regions would fuel market expansion. China, Brazil, India, Saudi Arabia, and Indonesia were among the emerging economies with active building sectors. For instance, the National Bureau of Statistics reports that the contribution of building production to China’s GDP increased from 6.2% in 2019 to 25.9% in 2020. The construction market expanded as a result of the quick increase in construction activities.
Growing Urbanization and Supportive Government Policies
Rapid urbanization and population growth have resulted in a steady increase in all sectors, especially, construction sector around the world. Residential construction has seen a significant resurgence in 2021, driven by the continued demand for homes and helpful government policies. Substantial national government support for the housing industry, for example, in India, a significant amount of money was allocated for housing in the national 2021 budget, including USD 6327.31 million for the Ministry of Housing and Urban Affairs (MoHUA) and the establishment of a 3.5-billion-dollar fund to assist in the completion of housing projects that have stalled.
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Market Segmentation
The global construction chemicals market is segmented based on product type, application, company, and regional distribution. Based on product type, the market can be split into concrete admixtures, construction adhesives & sealants, protective coatings, waterproofing chemicals, and Others. Based on application, the market is divided into residential, industrial/commercial, infrastructure, and repair structures. The market analysis also studies the regional segmentation divided among Asia-Pacific, North America, Europe, Middle East & Africa, and South America. The Asia-Pacific construction chemicals market stood at USD 9900.58 million in the year 2021 and is projected to grow at a CAGR of 5.87% during the forecast period. Asia-Pacific comprises some of the most populated and developing nations, such as China, Japan, India, South Korea, Thailand, etc., so construction and infrastructure development will directly boost the construction chemicals market. The United States construction chemicals market stood at USD 1153.80 million in the year 2021.
Company Profiles
Sika AG, Mapei S.p.A., Arkema SA, RPM International, BASF SE, The Dow Chemical Company, Pidilite Industries Limited, Ashland INC, FOSROC International, and Chemex Chemicals, are among the major market players in the global platform that lead the market growth of the global construction chemicals market.
| Attribute | Details |
| Market size value in 2021 | USD 27567.77 million |
| Revenue Forecast in 2027 | USD 37295.64 million |
| United States Market size value in 2021 | USD 1153.80 million |
| Growth Rate | 5.30% |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Thousand Tonnes, CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | · Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type
· Application |
| Regional Scope | Asia-Pacific; North America; Europe; Middle East & Africa; South America |
| Country Scope | China, Japan, India, South Korea, Australia, Thailand, United States, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Netherlands, Saudi Arabia, UAE, Egypt, South Africa, Qatar, Iraq, Kuwait, Brazil, Argentina, Chile, Colombia |
| Key Companies Profiled | Sika AG, Mapei S.p.A., Arkema SA, RPM International, The Dow Chemical Company, Pidilite Industries Limited, Ashland INC, FOSROC International |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Report Scope:
In this report, Global Construction Chemicals Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Construction Chemicals Market, By Product Type:
-
- Concrete Admixtures
- Construction Adhesives & Sealants
- Protective Coatings
- Waterproofing Chemicals
- Others
- Construction Chemicals Market, By Application:
-
- Residential
- Industrial/Commercial
- Infrastructure
- Repair Structures
- Construction Chemicals Market, By Region:
-
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Asia-Pacific
o North America
-
-
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Netherlands
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Qatar
- Iraq
- Kuwait
- South America
- Brazil
- Argentina
- Chile
- Colombia
-
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global construction chemicals market.
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Table of Content
- Product Overview
- Research Methodology
- Executive Summary
- Impact of COVID-19
- Voice of Customer
5.1. Brand Awareness
5.2. Preference, By Product Type
5.3. Demand, By Application
- Global Construction Chemicals Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Product Type (Concrete Admixtures, Construction Adhesives & Sealants, Protective Coatings, Waterproofing Chemicals, Others)
6.2.2. By Application (Residential, Industrial/Commercial, Infrastructure, Repair Structures)
6.2.3. By Region
6.2.4. By Company (2021)
6.3. Market Map (By Product Type, By Application, By Region)
- Asia-Pacific Construction Chemicals Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Application
7.2.3. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Construction Chemicals Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product Type
7.3.1.2.2. By Application
7.3.2. Japan Construction Chemicals Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product Type
7.3.2.2.2. By Application
7.3.3. India Construction Chemicals Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product Type
7.3.3.2.2. By Application
7.3.4. South Korea Construction Chemicals Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Volume
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Product Type
7.3.4.2.2. By Application
7.3.5. Australia Construction Chemicals Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Volume
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Product Type
7.3.5.2.2. By Application
7.3.6. Thailand Construction Chemicals Market Outlook
7.3.6.1. Market Size & Forecast
7.3.6.1.1. By Volume
7.3.6.2. Market Share & Forecast
7.3.6.2.1. By Product Type
7.3.6.2.2. By Application
- North America Construction Chemicals Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Application
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Construction Chemicals Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Product Type
8.3.1.2.2. By Application
8.3.2. Canada Construction Chemicals Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product Type
8.3.2.2.2. By Application
8.3.3. Mexico Construction Chemicals Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product Type
8.3.3.2.2. By Application
- Europe Construction Chemicals Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Application
9.2.3. By Country
9.3. Europe: Country Analysis
9.3.1. Germany Construction Chemicals Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Product Type
9.3.1.2.2. By Application
9.3.2. United Kingdom Construction Chemicals Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Product Type
9.3.2.2.2. By Application
9.3.3. France Construction Chemicals Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Product Type
9.3.3.2.2. By Application
9.3.4. Italy Construction Chemicals Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Volume
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Product Type
9.3.4.2.2. By Application
9.3.5. Spain Construction Chemicals Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Volume
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Product Type
9.3.5.2.2. By Application
9.3.6. Netherlands Construction Chemicals Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Volume
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Product Type
9.3.6.2.2. By Application
