Construction Chemicals Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theConstruction Chemicals Market?
The boom in the construction sector greatly influences the expansion of the market for construction chemicals. Building, transforming, repairing, restructuring, enhancing, or tearing down various structures is encompassed within construction. These chemicals aid in reducing wear and tear and strengthening bonds, thereby enhancing the longevity of structures. As per the data from the Office for National Statistics, a executive office of the UK Statistics Authority based in the UK, new construction orders experienced an 11.4% rise from 2021 to 2022, reaching a new peak of $98,621 million (£80,837 million) in November 2023. This surge was primarily driven by the private infrastructure, private commercial, and other non-residential public sectors, which saw increases of 85.1%, 10.2%, and 17.5%, respectively. Consequently, the upswing in the construction sector is set to boost the growth of the market for construction chemicals.
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#What is the Growth Potential of the Construction Chemicals Market, and How Will It Perform by 2034?
The market size of construction chemicals has experienced robust growth in the past few years. The market, which stood at $53.38 billion in 2024, is expected to reach $58.41 billion in 2025, boasting a compound annual growth rate (CAGR) of 9.4%. This current growth in historic years is linked to various factors such as infrastructure development, the necessity of durability, usage of concrete admixtures and waterproofing solutions, repair and restoration initiatives, and advancements in material science.
The market size of construction chemicals is set to experience a surge in the coming years, expanding to $86.72 billion by 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth projected within the forecast period is linked to sustainable methods of construction, energy-saving building solutions, emphasis on safety and resilience, certifications for green construction, and augmented residential construction requirements. Notable trends expected during this timeframe include the development of self-healing materials, the use of adhesives and sealants that boost construction effectiveness, the application of corrosion inhibitors in infrastructure schemes, cutting-edge solutions for flooring, and the implementation of shotcrete and gunite technologies.
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What Are the Current Market Growth and Trends in theConstruction Chemicals Market That Industry Players Should Watch?
Leading corporations in the construction chemicals market are fostering strategic partnerships as a mechanism to amplify technology incorporation and broaden their market presence. A strategic partnership is usually defined as a cooperative alliance between several organizations that pool resources, skills, and efforts to realize shared goals or ambitions. For instance, in March 2024, Cormart Nigeria Limited, a chemical production firm based in Nigeria, formed a partnership with Dubai-based Fosroc International Limited, a company focusing on construction chemicals. This alliance grants Cormart the exclusive distributorship and production rights for Fosroc’s products in Nigeria. The primary objective of this partnership is to improve the quality and accessibility of construction chemicals in the market, by providing a variety of solutions including concrete admixtures, repair, and protection systems, as well as waterproofing solutions, among others.
What Are the Major Market Players Making an Impact on theConstruction Chemicals Market Growth?
Major companies operating in the construction chemicals market include Koch Industries Inc., BASF SE, The Dow Chemical Company, Saint-Gobain, Master Builders Solutions, 3M Company, HOLCIM, Henkel AG & Co. KGaA, Densified Inc., Cemex S.A.B. de C.V., Arkema S.A., AkzoNobel N.V., Wacker Chemie AG, RPM International Inc., Etex Group, Chembond Chemicals Limited, Bostik S.A., Ashland Global Specialty Chemicals Inc., MBCC Group, W. R. Grace and Company, Sika AG, Pidilite Industries Limited, CICO Group, Fosroc International Limited, Mapei S.p.A., ACC Limited, Cera-Chem Pvt. Ltd., Flowcrete Group Ltd.
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How Are the Key Segments of the Construction Chemicals Market Driving Opportunities and Innovations?
The construction chemicals market covered in this report is segmented –
1) By Type: Concrete Admixtures, Waterproofing And Roofing, Repair, Flooring, Sealants And Adhesives, Other Types
2) By End-User: Commercial, Industrial, Infrastructure And Public Places, Residential, Public Space
Subsegments:
1) By Concrete Admixtures: Water-Reducing Admixtures, Superplasticizers, Accelerating Admixtures, Retarding Admixtures
2) By Waterproofing And Roofing: Liquid Waterproofing Membranes, Cementitious Waterproofing, Bituminous Waterproofing, Roofing Coatings
3) By Repair: Repair Mortars, Grouts, Concrete Patch Repair Products, Surface Repair Compounds
4) By Flooring: Self-Leveling Compounds, Epoxy Flooring Systems, Polyurethane Flooring Systems, Floor Coatings
5) By Sealants And Adhesives: Silicone Sealants, Polyurethane Adhesives, Epoxy Adhesives, Construction Sealants
6) By Other Types: Corrosion Inhibitors, Chemical Additives, Specialty Construction Chemicals
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theConstruction Chemicals Market?# Market Expansion?
Asia-Pacific was the largest region in the construction chemicals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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