As per this study the Global Construction Chemicals Market was valued at USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of XX%. By volume, the market was estimated at XX KT in 2021 and is expected to reach XX KT by 2027 with a CAGR of XX%.
Construction chemicals are used in the construction and renovate activities be it residential, non-residential or non-building. These chemicals are essential for high strength and quality, offer water-resistance and protection from the external environment. It has a wide range of products includes admixtures for concrete, sealants, grouts, concrete curing compounds, tile fixing adhesives, waterproofing chemicals. It is widely used in the concrete modification, waterproofing, repair and rehabilitation of structures. Construction chemicals products find extensive usage in the construction industry.
The growth of construction chemicals is mainly driven by rising the construction activity across the globe. Rapid developments in emerging countries like China & India and growing usage of innovative products and materials in construction activities have enhanced the growth of construction chemicals markets. Rising construction spending in both new construction and renovation projects will drive the demand for construction chemicals. However, fluctuation of prices is likely to impede the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of construction chemicals.
The broad construction chemicals market has been sub-grouped into product and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Concrete Admixtures
- Concrete Adhesives
- Concrete Sealants
- Protective Coatings
- Non-residential & Infrastructure
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for construction chemicals in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Construction Chemicals Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the construction chemicals market include SIKA AG, Chembond Chemicals Limited, RPM International Inc., Cera-Chem Private Limited, MAPEI corporation, Fosroc International Ltd., Bostik Inc., H.B. Fuller, Henkel AG & Company, BASF SE, The Dow Chemical Company and Pidilite industries. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.