Global Construction Chemicals Business Strategic Report

16
Jan 25

Dublin, Jan. 16, 2025 (GLOBE NEWSWIRE) — The “Construction Chemicals – Global Strategic Business Report” report has been added to the ResearchAndMarkets.com’s offering.

The global market for construction chemicals was valued at USD 59.0 billion in 2023 and is projected to reach USD 93.6 billion by 2030, growing at a CAGR of 6.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends. drivers and forecasts, helping you make informed business decisions.

Growth in the construction chemicals market is driven by several factors, including increasing demand for sustainable construction practices, advances in chemical technology, and the increasing complexity of construction projects. As construction companies and governments prioritize green buildings and energy efficiency, the demand for environmentally friendly chemicals, such as low-VOC adhesives and durable concrete additives, has increased. Technological advances, such as nano-additives, high-performance admixtures and self-healing materials, have also expanded the capabilities of construction chemicals, making them more effective and suitable for a wide range of applications.

Urbanization and infrastructure development in developing economies are the main drivers, as governments invest in housing, transport and utilities to accommodate growing populations. Additionally, aging infrastructure in developed regions has led to increased demand for repair and rehabilitation products, such as grout and protective coatings, which extend the life of structures. The push for quality standards and regulatory compliance has further fueled demand, as construction chemicals offer a reliable solution to meet performance, safety and environmental requirements. Together, these factors contribute to the robust growth of the construction chemicals market, positioning it as an essential component in modern and sustainable construction.

What are the main applications of construction chemicals in all types of projects?

Construction chemicals are used in a variety of project types, from residential and commercial buildings to large-scale infrastructure. In infrastructure projects, such as highways, tunnels and bridges, waterproofing agents, corrosion inhibitors and protective coatings are essential to ensure long-term durability in extreme environmental conditions. High-strength admixtures, such as superplasticizers, are commonly applied in high-rise and large-scale projects to create durable, high-quality concrete that withstands heavy loads and vibrations. In residential construction, sealants and adhesives are widely used in areas such as bathrooms, kitchens, and foundations to prevent moisture penetration and provide a hermetic seal.

Waterproofing chemicals are also often used in basements, roofs and foundations to protect against water damage. For sustainable building projects, green additives and low VOC chemicals are used to meet environmental standards, improve indoor air quality and reduce the carbon footprint of construction. Repair grouts and mortars play a critical role in restoring and strengthening old structures, ensuring safety and extending their usability. These diverse applications highlight the versatility and importance of construction chemicals, which are essential for the construction, protection and maintenance of resilient structures in various types of construction.

How are technological advances transforming construction chemicals?

Technological advances are improving the formulation and performance of construction chemicals, making them more efficient, environmentally friendly and adaptable to different construction needs. A significant innovation is the development of high-performance admixtures, such as superplasticizers and air-entraining agents, which improve concrete strength, durability and workability. These mixes allow the water content to be reduced, enabling the production of high-strength concrete that is essential for skyscrapers, bridges and heavy infrastructure. In addition, nano-technology has introduced nano-additives that improve chemical bonding, improve crack resistance and extend the life of building materials, making them more suitable for challenging environments.

Advances in environmentally friendly construction chemicals, such as low-VOC adhesives and green concrete additives, match the industry’s focus on sustainable practices. Self-healing concrete admixtures that use bacteria or chemical agents to automatically fill cracks as they form are also gaining attention, offering the potential for reduced maintenance in large infrastructure projects. Additionally, digital innovations such as 3D printing have enabled the precise application of construction chemicals to complex designs, improving efficiency and accuracy. These technological developments make construction chemicals more versatile, sustainable and high performance, supporting the demands of modern construction while promoting environmental responsibility.

Why you should buy this report:

  • Detailed Market Analysis: Access a complete analysis of the Global Construction Chemicals Market, covering all major geographies and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of key players in different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Construction Chemicals Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in USD million from 2023 to 2030.
  • In-depth regional analysis: Detailed insights into key markets, including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
  • Company Profiles: Covering major players in the Construction Chemicals market such as Arkema SA, Ashland Inc., BASF SE, Fosroc International Ltd., Mapei SPA and more.
  • Complementary updates: Get free report updates for a year to keep you informed of the latest market developments.

Main attributes:

The report attribute The details
Number of pages 96
Forecast period 2023 – 2030
Estimated market value (USD) in 2023 59 billion dollars
Projected market value (USD) by 2030 93.6 billion dollars
Compound Annual Growth Rate 6.8%
Regions covered global

Main topics covered:

MARKET SUMMARY

  • Influencer Market Insights
  • World Market Trajectories
  • Global economic update
  • Construction Chemicals – Market Share of Global Top Competitors in 2024 (E)
  • Competitive market presence – strong/active/country/irrelevant for worldwide players in 2024 (E)

MARKET TRENDS AND RIGHTS

  • Growing demand for high-performance construction materials expands the market for advanced construction chemicals across sectors
  • Increasing focus on sustainable construction practices is driving demand for environmentally friendly, low-VOC construction chemicals
  • Growth in infrastructure development, particularly in emerging markets, is driving demand for sustainable construction chemicals in roads and bridges
  • Advances in self-healing concrete technologies drive growth in construction chemicals that improve structural longevity
  • Expanding green building certification supports the market for construction chemicals with non-toxic and sustainable formulations
  • The increasing use of waterproofing chemicals in residential and commercial projects is expanding the market for moisture resistant solutions
  • Increasing focus on increasing building strength and durability is driving the demand for reinforcing admixtures and chemicals
  • Increasing urbanization and high-rise buildings are driving the demand for high-durability, fast-setting construction chemicals
  • Increasing demand for lightweight and insulating materials expands the applications of construction chemicals in green building projects
  • Advances in nanotechnology and fiber-reinforced solutions strengthen the business case for high-performance construction chemicals
  • Expansion of prefab and prefabricated construction drives demand for chemicals that increase workability and curing time
  • Increasing focus on energy efficiency in buildings is driving demand for chemicals that provide insulation and thermal protection

FOCUS ON SELECTED PLAYERS:Some of the 48 companies featured in this Construction Chemicals market report

  • Arkema SA
  • Ashland Inc.
  • BASF SE
  • Fosroc International Ltd.
  • Spa map
  • Pidilite Industries
  • RPM International Inc.
  • SIKA AG
  • DOW Chemical Company
  • WR Grace & Company

For more information about this report, visit https://www.researchandmarkets.com/r/op5kjr

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  • Construction Chemicals Market


            

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