China Construction Chemicals Market Size (2024 - 2029)

The China construction chemicals market is projected to experience significant expansion, driven by increased investments in the infrastructure sector. The market's scale is primarily influenced by the concrete admixture and cement grinding aids segment, which currently leads in product type and is anticipated to grow rapidly. While the residential sector currently holds a major share in terms of end-user segments, the industrial sector is expected to expand at a faster rate during the forecast period.

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Market Size of China Construction Chemicals Industry

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china construction chemicals market size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.00 %
Market Concentration Low

Major Players

china construction chemicals market key players

*Disclaimer: Major Players sorted in no particular order

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China Construction Chemicals Market Analysis

The China construction chemicals market is estimated to witness a healthy growth, at an estimated CAGR of over 7%, over the forecast period. Increasing investments in the infrastructure sector are expected to drive the growth of the market studied.

  • The concrete admixture and cement grinding aids segment dominated the market, by product type. Moreover, it is expected to witness the highest CAGR during the forecast period.
  • The residential segment dominated the market, by end-user sector. However, the industrial segment is expected to witness the highest CAGR during the forecast period.

China Construction Chemicals Industry Segmentation

The China construction chemicals market report includes:

Product Type
Concrete Admixture and Cement Grinding Aids
Surface Treatment
Repair and Rehabilitation
Protective Coatings
Industrial Flooring
Waterproofing
Adhesive and Sealants
Grout and Anchor
End-user Sector
Commercial
Industrial
Infrastructure
Residential
Public Space
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China Construction Chemicals Market Size Summary

The China construction chemicals market is poised for robust expansion, driven by substantial investments in infrastructure development. The market is characterized by a strong demand for concrete admixtures and cement grinding aids, which are pivotal in enhancing the quality and cost-effectiveness of construction projects. The residential sector currently leads in terms of end-user demand, although the industrial segment is anticipated to experience the most rapid growth. This growth trajectory is supported by the government's strategic initiatives, such as the approval of significant subway projects and investments in railway infrastructure, which are expected to bolster the construction chemicals market.

A key factor propelling the market is China's Belt and Road Initiative, a massive transcontinental infrastructure project that aims to enhance connectivity across Asia, Africa, and Europe. This initiative is set to significantly increase the demand for construction chemicals, as it involves extensive investments in infrastructure development. The market is further supported by the burgeoning residential sector, fueled by a growing middle-class population and government incentives. Despite its fragmented nature, the market features major players like Sika AG, BASF SE, and MAPEI SpA, who are instrumental in driving innovation and competition within the sector.

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China Construction Chemicals Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Investments in the Infrastructure Sector

    2. 1.2 Restraints

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 Concrete Admixture and Cement Grinding Aids

      2. 2.1.2 Surface Treatment

      3. 2.1.3 Repair and Rehabilitation

      4. 2.1.4 Protective Coatings

      5. 2.1.5 Industrial Flooring

      6. 2.1.6 Waterproofing

      7. 2.1.7 Adhesive and Sealants

      8. 2.1.8 Grout and Anchor

    2. 2.2 End-user Sector

      1. 2.2.1 Commercial

      2. 2.2.2 Industrial

      3. 2.2.3 Infrastructure

      4. 2.2.4 Residential

      5. 2.2.5 Public Space

China Construction Chemicals Market Size FAQs

The China Construction Chemicals Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)

Sika AG, BASF SE, MAPEI SpA, Arkema Group and Dow are the major companies operating in the China Construction Chemicals Market.

China Construction Chemicals Market Report Snapshots

China Construction Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)