SNS Insider Black Friday Offer
Construction Chemicals Market

Construction Chemicals Market Size, Share & Segment By Type (Concrete admixtures, Waterproofing & roofing, Repair, Flooring, Sealants & adhesives, Others ), By Application (Residential, Industrial, Infrastructure, Repair structures), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1457 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Construction Chemicals Market was worth USD 39.20 billion in 2021 and is expected to grow to USD 62.94 billion by 2028, with a CAGR of 7% in the forecast period. The volume of concrete consumed and construction development activities in a specific place impact the demand for construction chemicals. Slow growth is forecast in Europe and North America due to stable economic conditions and rising demand for residential units and infrastructure building activities; however, promising growth is expected in developing parts of the world in the construction chemicals industry. Concrete admixture is becoming increasingly popular. Manufacturers have begun to act in response to this desire. It would be the primary choice for new entrants due to population increase and urbanisation, which encourages the demand for sustainable infrastructure and environmentally friendly products. Concrete admixtures and other chemical products can also help to reduce the amount of cement and water required during construction.

Construction Chemicals Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • Increasing investment for infrastructure development and residential construction activities across the globe.

  • The increase in urbanization and rapid population growth

Restraints:

  • The Lack of skills.

  • Highly trained labor.

Opportunities:

  • Governments across the developing countries are significantly investing in infrastructure development

Challenges:

  • Poor quality and strength.

Impact of COVID - 19:

The COVID outbreak slowed the market's expansion. Construction work in the production facility was halted in order to reduce the infection rate. The industry suffered financial losses as well as workforce shortages. There was a shift in consumer behavior as well as market developments. The building chemicals sector was severely impacted by the slowdown in expansion.

Construction operations have been prohibited due to the state government's nationwide lockout and shutdown. Anyone caught breaking the regulations received harsh punishment.

Key players:

BASF SE of Germany, Pidilite Industries Ltd of India, Apple Chemie India Pvt Ltd of India, Cross International Plc of United Kingdom, Dow of the United States, R. Grace and Company of the United States, Evonik Industries AG of Germany, Huntsman International LLC of the United States, Ashland Inc. of the United States, RPM International Inc. of the United States, Henkel AG of Germany, Tata Chemicals of India, Sika AG of Switzerland, Fosroc Inc. of India,

Concrete admixtures, roofing and waterproofing, repairs, flooring, adhesives, and sealants are among the types of construction chemicals available globally. Concrete admixtures dominated the market and accounted for a significant portion. Admixtures are helpful during the construction process. Admixtures such as SNF, PCE, and SMF are becoming more prevalent in the market. Residential, industrial, commercial, and repair, as well as infrastructure, are the several types of end-users. New chemicals beneficial for building and construction were discovered thanks to technological advancements. Technology played a significant part in ensuring the material's long-term viability. It has also opened up the possibility of identifying multifunctional materials with a short lifecycle that can be used effectively. In the future years, garbage recycling and waste reduction measures will be promoted. The development of structures required less energy to function, according to new construction chemicals industry trends. Because of technological advancements, products were designed to provide strong weather protection, enhanced the efficiency of construction buildings, raised the wellness of construction buildings, extended the longevity of structures, and required little maintenance.

Market Segmentation:

By Type

  • Concrete admixtures

  • Waterproofing & roofing

  • Repair

  • Flooring

  • Sealants & adhesives

  • Others

By Application

  • Residential

  • Industrial

  • Infrastructure

  • Repair structures

Construction Chemicals Market Segment Pie Chart

Regional Analysis:

Asia-Pacific is expected to be the most dominant and fastest-growing region where the demand for construction chemicals is very large. Asia-Pacific region comprises the regions of China, India, some areas of Japanese land, and South-Korean regions. North America and the European region also hold a large market share but are expected to grow at a low CAGR  after the Asia-Pacific and China region. China is marked to cover the largest market share regionally as well as globally. The estimated market growth in the Chinese region is said to be the second largest after Asia-Pacific.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

 

Construction Chemicals Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 39.20 Billion
Market Size by 2028 US$ 62.94 Billion
CAGR CAGR of 7% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Concrete admixtures, Waterproofing & roofing, Repair, Flooring, Sealants & adhesives, Others )
• By Application (Residential, Industrial, Infrastructure, Repair structures)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles BASF SE of Germany, Pidilite Industries Ltd of India, Apple Chemie India Pvt Ltd of India, Cross International Plc of United Kingdom, Dow of the United States, R. Grace and Company of the United States, Evonik Industries AG of Germany, Huntsman International LLC of the United States, Ashland Inc. of the United States, RPM International Inc. of the United States, Henkel AG of Germany, Tata Chemicals of India, Sika AG of Switzerland, Fosroc Inc. of India,
DRIVERS • Increasing investment for infrastructure development and residential construction activities across the globe.
• The increase in urbanization and rapid population growth
RESTRAINTS • The Lack of skills.
• Highly trained labor.


Frequently Asked Questions (FAQ) :

Ans: Poor quality and strength are a major challenges faced by Global Construction Chemicals Market.

Ans: BASF SE of Germany, Pidilite Industries Ltd of India, Apple Chemie India Pvt Ltd of India, Cross International Plc of United Kingdom, Dow of the United States, R. Grace and Company of the United States,Evonik Industries AG of Germany, Huntsman International LLC of the United States, Ashland Inc. of the United States, RPM International Inc. of the United States, Henkel AG of Germany, Tata Chemicals of India, Sika AG of Switzerland, Fosroc Inc. of India, are the key players for the Global Waterproofing Membranes Market

Ans: Residential, Industrial, Infrastructure, Repair structures are the sub-segments of by Application

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans:  The global construction chemicals market was worth USD 39.20 billion in 2021 and is expected to grow to USD 62.94 billion by 2028


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Construction Chemicals Market segment, By Type

8.1 Concrete admixtures

8.2 Waterproofing & roofing

8.3 Repair

8.4 Flooring

8.5 Sealants & adhesives

8.6 Others

 

9. Global Construction Chemicals Market segment, By Application

9.1 Residential

9.2 Industrial

9.3 Infrastructure

9.4 Repair structures

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2    Canada

10.2.3    Mexico

10.3 Europe

10.3.1    Germany

10.3.2    UK

10.3.3    France

10.3.4    Italy

10.3.5    Spain

10.3.6    The Netherlands

10.3.7    Rest of Europe

10.4 Asia-Pacific

10.4.1    Japan

10.4.2    South Korea

10.4.3    China

10.4.4    India

10.4.5    Australia

10.4.6    Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1    Israel

10.5.2    UAE

10.5.3    South Africa

10.5.4    Rest

10.6 Latin America

10.6.1    Brazil

10.6.2    Argentina

10.6.3    Rest of Latin America

 

11. Company Profiles

11.1 BASF SE of Germany

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 Ashland Inc. of the United States

11.3 Pidilite Industries Ltd of India

11.4 Sika AG of Switzerland

11.5 Fosroc Inc. of India

11.6 Apple Chemie India Pvt Ltd of India

11.7 Cross International Plc of United Kingdom

11.8 Dow of the United States

11.9 RPM International Inc. of the United States

11.10 R. Grace and Company of the United States

11.11 Henkel AG of Germany

11.11 Evonik Industries AG of Germany

11.13 Tata Chemicals of India

11.11 Huntsman International LLC of the United States

 

12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.