COVID19:Global Construction Chemicals Market is expected to register a CAGR of more than 5.5%, reaching a value of around USD 51 billion by the end of 2027
CONSTRUCTION CHEMICALS MARKET: Summary
The Global Construction Chemicals Market is expected to register a CAGR of more than 5.5%, reaching a value of around USD 51 billion by the end of 2027.
Construction chemicals are formulations used with cement, concrete, and other construction materials to hold the construction material together. These chemicals help enhance concrete strength and quality while providing water-tightness and protecting concrete structures from atmospheric degradation.
CONSTRUCTION CHEMICALS MARKET: DRIVERS & OPPORTUNITIES
- Rising Construction Activities in Developing Countries
Rapid industrialization in emerging economies, mainly the BRICS countries is a key driver of the global construction chemicals market. These are the growth-centric countries with huge potential for infrastructural development and thus fuel the global market. Rise in urbanization is attributed to the migration of population to the urban areas, which is further driving the construction chemicals market.
For instance, the Indian real estate sector is expected to reach a market size of USD 180 billion by 2020 and USD 1 trillion by 2030. It’s contribution to the country’s GDP is expected to be approximately 13%.
Thus, the rising demand from the construction activities in emerging economies is projected to drive the global construction chemicals market.
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- Adoption of Green Chemicals and Sustainable Construction
According to the International Energy Agency, the building & construction sector account for 36% of global energy use and 39% of CO2 emissions. Green building chemicals have the potential to reduce CO2 emissions, owing to which the demand for green building chemicals is increasing. These chemicals enhance overall building durability and offer protection against environmental hazards. Additionally, using the green chemicals reduces the volume of cement and water consumed during the construction process, which is another key factor resulting in an increasing demand for these chemicals.
Therefore, the adoption of green chemicals and sustainable construction is expected to bring in growth opportunities for the players in this market.
Construction Chemicals market: Key segments
- Segmentation based on type: Concrete Admixtures, Asphalt Modifiers, Adhesives and Sealants, Protective Coatings, Flame Retardants, and Others.
- Segmentation based on end-use: Residential, Industrial/Commercial, Infrastructure, and Repair Structures.
- Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
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Construction Chemicals MARKET: Report SCOPE
The report on the construction chemicals market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2020–2027 (2020 estimated year, forecasted up to 2027)
Value (USD Million) Volume (Kiloton)
Type and End-use
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa
KEY Companies Covered
- BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Sika AG
- H.B. Fuller Company
- RPM International Inc.
- Pidilite Industries Ltd.
- Fosroc, Inc.
- MAPEI S.p.A.
- Other Key Companies
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Construction Chemicals MARKET: report segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Construction Chemicals Market, by Type
- Concrete Admixtures
- Asphalt Modifiers
- Adhesives and Sealants
- Protective Coatings
- Flame Retardants
Construction Chemicals Market, by End-use
- Repair Structures
Construction Chemicals Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions answered by the report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
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Table of Content
2 Research Design & Scope
3 Executive Summary
4 Market Dynamics
5 Industry Trends — Porters Five Forces Analysis
6 GLOBAL CONSTRUCTION CHEMICALS MARKET BY TYPE, Market Size in USD Million and Kiloton (2019–2027)
7 GLOBAL CONSTRUCTION CHEMICALS MARKET BY END-USE, Market Size in USD Million and Kiloton (2019–2027)
8 GLOBAL CONSTRUCTION CHEMICALS MARKET BY REGION, Market Size in USD Million and Kiloton (2019–2027)
9 Competitive Landscape
10 Company Profiles
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
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