Dublin, Jan. 16, 2025 (GLOBE NEWSWIRE) — The “Construction Chemicals – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Construction Chemicals was estimated at US$59.0 Billion in 2023 and is projected to reach US$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.
The growth in the construction chemicals market is driven by several factors, including rising demand for sustainable building practices, advancements in chemical technology, and the growing complexity of construction projects. As construction companies and governments prioritize green building and energy efficiency, demand for eco-friendly chemicals, such as low-VOC adhesives and sustainable concrete additives, has surged. Technological advancements, 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 emerging economies are key drivers, as governments invest in housing, transportation, and utilities to accommodate growing populations. Additionally, aging infrastructure in developed regions has led to increased demand for repair and rehabilitation products, such as grouts and protective coatings, which extend the lifespan of structures. The push for quality standards and regulatory compliance has further fueled demand, as construction chemicals provide 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 Key Applications of Construction Chemicals Across Project Types?
Construction chemicals are used across 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 like bathrooms, kitchens, and foundations to prevent moisture infiltration and ensure airtight seals.
Waterproofing chemicals are also frequently applied 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. Grouts and repair mortars play a critical role in restoring and strengthening older structures, ensuring safety and extending their usability. These diverse applications highlight the versatility and importance of construction chemicals, which are essential for building, protecting, and maintaining resilient structures across various types of construction.
How Are Technological Advancements Transforming Construction Chemicals?
Technological advancements are enhancing the formulation and performance of construction chemicals, making them more efficient, eco-friendly, and adaptable to diverse construction needs. One significant innovation is the development of high-performance admixtures, such as superplasticizers and air-entraining agents, which improve concrete’s strength, durability, and workability. These admixtures allow for reduced water content, enabling the production of high-strength concrete that is essential for skyscrapers, bridges, and heavy infrastructure. Additionally, nano-technology has introduced nano-additives that enhance chemical bonding, improve crack resistance, and extend the lifespan of construction materials, making them more suitable for challenging environments.
Advancements in eco-friendly construction chemicals, such as low-VOC sealants and green concrete additives, align with the industry’s focus on sustainable practices. Self-healing concrete additives 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. Furthermore, digital innovations such as 3D printing have enabled the precise application of construction chemicals in complex designs, improving efficiency and accuracy. These technological developments make construction chemicals more versatile, sustainable, and high-performing, supporting the demands of modern construction while promoting environmental responsibility.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Construction Chemicals Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across 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 US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Construction Chemicals market such as Arkema S.A., Ashland Inc., BASF SE, Fosroc International Ltd., Mapei S.P.A. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 96 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $59 Billion |
| Forecasted Market Value (USD) by 2030 | $93.6 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Construction Chemicals – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Demand for High-Performance Building Materials Expands Market for Advanced Construction Chemicals Across Sectors
- Rising Focus on Sustainable Building Practices Drives Demand for Eco-Friendly and Low-VOC Construction Chemicals
- Growth in Infrastructure Development, Especially in Emerging Markets, Spurs Demand for Durable Construction Chemicals in Roads and Bridges
- Advancements in Self-Healing Concrete Technologies Propel Growth in Construction Chemicals That Improve Structural Longevity
- Expansion of Green Building Certifications Supports Market for Construction Chemicals with Non-Toxic, Sustainable Formulations
- Increasing Use of Waterproofing Chemicals in Residential and Commercial Projects Expands Market for Moisture-Resistant Solutions
- Rising Focus on Enhancing Building Strength and Durability Drives Demand for Admixtures and Reinforcing Chemicals
- Growth of Urbanization and High-Rise Buildings Propels Demand for High-Strength, Quick-Setting Construction Chemicals
- Increasing Demand for Lightweight and Insulating Materials Expands Applications of Construction Chemicals in Green Building Projects
- Advancements in Nanotechnology and Fiber-Reinforced Solutions Strengthen Business Case for High-Performance Construction Chemicals
- Expansion of Precast and Prefabricated Construction Spurs Demand for Chemicals That Enhance Workability and Curing Time
- Rising Focus on Energy Efficiency in Buildings Drives Demand for Chemicals That Provide Insulation and Thermal Protection
FOCUS ON SELECT PLAYERS:Some of the 48 companies featured in this Construction Chemicals market report
- Arkema S.A.
- Ashland Inc.
- BASF SE
- Fosroc International Ltd.
- Mapei S.P.A.
- Pidilite Industries
- RPM International Inc.
- SIKA AG
- The DOW Chemical Company
- W.R. Grace & Company
For more information about this report visit https://www.researchandmarkets.com/r/op5kjr
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- Construction Chemicals Market
