Overview

Construction Chemicals Market Introduction:

Construction Chemicals Market is estimated to value over USD 65.8 billion by 2027 end and register a CAGR of over 6.1% during the forecast period 2020 to 2027.

Construction chemicals are the components used for modifying construction material properties. These chemicals help in reducing the amount of water required in construction. They play an integral role in improving the comprehensive performance of non-building and building structures. These chemicals can be classified into different product segments like construction adhesives, protective coatings, concrete admixtures, construction sealants, and waterproofing chemicals.

Infrastructure and non-residential sub-segments of the end-user segment are projected to have a higher market penetration owing to rapid urbanization in developing nations. On the contrary, the residential segment is predicted to showcase the highest construction chemicals market growth rate of over 6.5% during the forecast period concerning revenue.

Construction chemicals are used for repair and rehabilitation of the old buildings as well as in new buildings. They impart chemical properties such as cross-linking and reduce the cement and water content in the concrete which results in an increased mortar strength.

Key market players include SIKA AG, Chembond Chemicals Limited, RPM International Inc., era-Chem Private Limited, MAPEI corporation, Fosroc International Ltd., Bostik Inc., H.B. Fuller, Henkel AG & Company, BASF SE, The Dow Chemical Company, Pidilite industries.

Construction Chemicals Market Segmentation:

By Product

Concrete Admixtures
Construction Adhesives
Construction Sealants
Protective Coatings

By Application

Residential
Non-residential and Infrastructure

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

FutureWise Key Takeaways:

• Growth prospects

• SWOT analysis

• Key trends

• Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the construction chemicals market by product, by application and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies