Construction Chemicals Market Size

The construction chemicals market is poised for significant growth, driven by increasing demand across various sectors, particularly industrial, institutional, and residential construction. The market's expansion is fueled by global trends in urbanization and industrialization, with the Asia-Pacific region leading in consumption and growth rate. The residential sector is expected to be the fastest-growing area, supported by sustained housing demand and government initiatives. This growth trajectory highlights the crucial role of construction chemicals in enhancing building functionality and meeting the rising construction needs worldwide.

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Market Size of construction chemicals Industry

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Construction Chemicals Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2018 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 90.51 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 130.52 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End Use Sector Industrial and Institutional
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 6.29 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players

Construction Chemicals Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Construction Chemicals Market Analysis

The Construction Chemicals Market size is estimated at 90.51 billion USD in 2024, and is expected to reach 130.52 billion USD by 2030, growing at a CAGR of 6.29% during the forecast period (2024-2030).

90.51 Billion

Market Size in 2024 (USD)

130.52 Billion

Market Size in 2030 (USD)

4.81 %

CAGR (2018-2023)

6.29 %

CAGR (2024-2030)

Largest Market by Product

28.46 %

value share, Waterproofing Solutions, 2023

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Waterproofing solutions hold the largest share due to widespread applications of waterproofing, such as roofings, walls, basements, water tank linings, bridge decks, etc., from the industrial and commercial sectors.

Largest Market by End Use Sector

34.74 %

value share, Industrial and Institutional, 2023

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Due to the high demand for waterproofing solutions, flooring resins, concrete admixtures, etc., from the chemical, pharmaceutical, and food industries, the industrial and institutional sectors hold the largest share.

Largest Market by Region

43.01 %

value share, Asia-Pacific, 2023

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With the rapid growth in industrialization and urbanization driving the demand for construction chemicals, Asia-Pacific dominated the market.

Fastest Market by Region

7.10 %

Projected CAGR, Asia-Pacific, 2024-2030

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Asia-Pacific is expected to witness the fastest growth due to growing investments in infrastructure projects, government initiatives, fast-paced urbanization, and industrialization.

Leading Company

9.91 %

market share, Sika AG, 2022

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The company's broad range of high-quality products, well-established network, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.

Government investments and policies for the housing sector in leading economies are expected to drive the demand for construction chemicals

  • Construction chemicals refer to chemical formulations used in conjunction with cement, concrete, or other construction materials. In 2022, the global consumption value of construction chemicals witnessed a growth of approximately 4.37%, and it was expected to register an annual growth rate of 5.57% in 2023. This surge can be attributed to the increased demand from the industrial & institutional and residential construction sectors.
  • The industrial & institutional sector emerged as the largest consumer of construction chemicals in 2022, accounting for about 34.8% of the global consumption. Investments in healthcare, education, and industrial infrastructure are poised to bolster this sector's growth. Additionally, the global trends of urbanization and industrialization are acting as catalysts for the market's expansion. The sector's new floor area was projected to reach around 9 billion sq. ft in 2023, and it is expected to reach an estimated 11 billion sq. ft by 2030. Consequently, the demand for construction chemicals in the industrial & institutional sector is projected to witness a USD 14 billion increase from 2023 to 2030.
  • The residential sector is expected to be the fastest-growing consumer of construction chemicals, recording the highest CAGR of 6.90% during the forecast period. This surge can be attributed to sustained housing demand, increasing investments, and supportive government policies. For instance, the Government of Indonesia (GOI) has set a target to construct 1 million housing units by 2025, with the country's housing requirements projected to reach 30 million units. Globally, the new floor area in the residential sector is anticipated to witness a CAGR of 3.81% during the forecast period, further fueling the demand for construction chemicals.
Global Construction Chemicals Market

Leading countries in Asia-Pacific, such as India, Brazil, Indonesia, and Vietnam, are likely to boost the global demand for construction chemicals

  • Construction chemicals, including concrete admixtures, waterproofing solutions, anchors & grouts, flooring resins, and others, play a pivotal role in enhancing the functionality of buildings and structures. The global construction chemicals market witnessed a growth of approximately 4.37% in 2022, with Asia-Pacific and Europe having the highest growth of 42.8% and 25.3%, respectively. Construction chemicals globally were estimated to grow by 5.57% in 2023 compared to 2022.
  • By 2023, Asia-Pacific was the largest consumer of construction chemicals, accounting for a 43.0% share of the global market. Construction activities continued to increase in line with the growing demand for housing units and rising investments in the industrial and institutional sector. For instance, the industrial and institutional floor area was set to reach 4.59 billion square feet in 2023; it is expected to further increase to 5.76 billion square feet by 2030. As a result, the region's construction chemicals market is expected to grow 62.2% by 2030 compared to 2023.
  • Asia-Pacific is expected to be the fastest-growing consumer of construction chemicals, recording the highest CAGR of 7.15% during the forecast period. This growth is expected to be driven by the region's residential sector. For instance, by 2030, it is anticipated that over 40% of India's population will reside in urban areas, creating a demand for approximately 25 million affordable housing units. The residential floor area in the region is expected to witness a significant surge, adding 4.23 billion sq. ft by 2030 compared to 2023. Consequently, the construction chemicals market in the region is projected to witness a substantial increase of USD 496 million by 2030.

Construction Chemicals Industry Segmentation

Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Adhesives, Anchors and Grouts, Concrete Admixtures, Concrete Protective Coatings, Flooring Resins, Repair and Rehabilitation Chemicals, Sealants, Surface Treatment Chemicals, Waterproofing Solutions are covered as segments by Product. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.

  • Construction chemicals refer to chemical formulations used in conjunction with cement, concrete, or other construction materials. In 2022, the global consumption value of construction chemicals witnessed a growth of approximately 4.37%, and it was expected to register an annual growth rate of 5.57% in 2023. This surge can be attributed to the increased demand from the industrial & institutional and residential construction sectors.
  • The industrial & institutional sector emerged as the largest consumer of construction chemicals in 2022, accounting for about 34.8% of the global consumption. Investments in healthcare, education, and industrial infrastructure are poised to bolster this sector's growth. Additionally, the global trends of urbanization and industrialization are acting as catalysts for the market's expansion. The sector's new floor area was projected to reach around 9 billion sq. ft in 2023, and it is expected to reach an estimated 11 billion sq. ft by 2030. Consequently, the demand for construction chemicals in the industrial & institutional sector is projected to witness a USD 14 billion increase from 2023 to 2030.
  • The residential sector is expected to be the fastest-growing consumer of construction chemicals, recording the highest CAGR of 6.90% during the forecast period. This surge can be attributed to sustained housing demand, increasing investments, and supportive government policies. For instance, the Government of Indonesia (GOI) has set a target to construct 1 million housing units by 2025, with the country's housing requirements projected to reach 30 million units. Globally, the new floor area in the residential sector is anticipated to witness a CAGR of 3.81% during the forecast period, further fueling the demand for construction chemicals.
End Use Sector
Commercial
Industrial and Institutional
Infrastructure
Residential
Product
Adhesives
By Sub Product
Hot Melt
Reactive
Solvent-borne
Water-borne
Anchors and Grouts
By Sub Product
Cementitious Fixing
Resin Fixing
Other Types
Concrete Admixtures
By Sub Product
Accelerator
Air Entraining Admixture
High Range Water Reducer (Super Plasticizer)
Retarder
Shrinkage Reducing Admixture
Viscosity Modifier
Water Reducer (Plasticizer)
Other Types
Concrete Protective Coatings
By Sub Product
Acrylic
Alkyd
Epoxy
Polyurethane
Other Resin Types
Flooring Resins
By Sub Product
Acrylic
Epoxy
Polyaspartic
Polyurethane
Other Resin Types
Repair and Rehabilitation Chemicals
By Sub Product
Fiber Wrapping Systems
Injection Grouting Materials
Micro-concrete Mortars
Modified Mortars
Rebar Protectors
Sealants
By Sub Product
Acrylic
Epoxy
Polyurethane
Silicone
Other Resin Types
Surface Treatment Chemicals
By Sub Product
Curing Compounds
Mold Release Agents
Other Product Types
Waterproofing Solutions
By Sub Product
Chemicals
Membranes
Region
Asia-Pacific
By Country
Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Russia
Spain
United Kingdom
Rest of Europe
Middle East and Africa
By Country
Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa
North America
By Country
Canada
Mexico
United States
South America
By Country
Argentina
Brazil
Rest of South America
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Construction Chemicals Market Size Summary

The construction chemicals market is poised for significant growth, driven by increasing demand across various sectors, including industrial, institutional, and residential construction. These chemicals, which are essential for enhancing the functionality and durability of construction materials like cement and concrete, are witnessing a surge in consumption due to global trends of urbanization and industrialization. The industrial and institutional sector has emerged as the largest consumer, fueled by investments in healthcare, education, and infrastructure. Meanwhile, the residential sector is expected to experience the fastest growth, supported by sustained housing demand and favorable government policies. This growth trajectory is further bolstered by the expansion of urban areas and the need for affordable housing, particularly in regions like Asia-Pacific, which is anticipated to be the fastest-growing market.

Regionally, Asia-Pacific leads the global construction chemicals market, with substantial growth driven by the residential sector's expansion. The region's rapid urbanization and increasing demand for housing units are key factors contributing to this growth. Europe also shows significant growth, particularly in commercial construction, as companies focus on high-energy-efficient buildings to meet carbon emission targets. Despite challenges posed by the COVID-19 pandemic, such as labor and material shortages, the market is recovering, with a positive outlook for the coming years. The market is characterized by fragmentation, with major players like MAPEI S.p.A., MBCC Group, RPM International Inc., Saint-Gobain, and Sika AG leading the industry. Strategic collaborations and acquisitions, such as Sika's acquisition of the MBCC Group, are expected to enhance product offerings and market reach.

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Construction Chemicals Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)

    1. 1.1 End Use Sector

      1. 1.1.1 Commercial

      2. 1.1.2 Industrial and Institutional

      3. 1.1.3 Infrastructure

      4. 1.1.4 Residential

    2. 1.2 Product

      1. 1.2.1 Adhesives

        1. 1.2.1.1 By Sub Product

          1. 1.2.1.1.1 Hot Melt

          2. 1.2.1.1.2 Reactive

          3. 1.2.1.1.3 Solvent-borne

          4. 1.2.1.1.4 Water-borne

      2. 1.2.2 Anchors and Grouts

        1. 1.2.2.1 By Sub Product

          1. 1.2.2.1.1 Cementitious Fixing

          2. 1.2.2.1.2 Resin Fixing

          3. 1.2.2.1.3 Other Types

      3. 1.2.3 Concrete Admixtures

        1. 1.2.3.1 By Sub Product

          1. 1.2.3.1.1 Accelerator

          2. 1.2.3.1.2 Air Entraining Admixture

          3. 1.2.3.1.3 High Range Water Reducer (Super Plasticizer)

          4. 1.2.3.1.4 Retarder

          5. 1.2.3.1.5 Shrinkage Reducing Admixture

          6. 1.2.3.1.6 Viscosity Modifier

          7. 1.2.3.1.7 Water Reducer (Plasticizer)

          8. 1.2.3.1.8 Other Types

      4. 1.2.4 Concrete Protective Coatings

        1. 1.2.4.1 By Sub Product

          1. 1.2.4.1.1 Acrylic

          2. 1.2.4.1.2 Alkyd

          3. 1.2.4.1.3 Epoxy

          4. 1.2.4.1.4 Polyurethane

          5. 1.2.4.1.5 Other Resin Types

      5. 1.2.5 Flooring Resins

        1. 1.2.5.1 By Sub Product

          1. 1.2.5.1.1 Acrylic

          2. 1.2.5.1.2 Epoxy

          3. 1.2.5.1.3 Polyaspartic

          4. 1.2.5.1.4 Polyurethane

          5. 1.2.5.1.5 Other Resin Types

      6. 1.2.6 Repair and Rehabilitation Chemicals

        1. 1.2.6.1 By Sub Product

          1. 1.2.6.1.1 Fiber Wrapping Systems

          2. 1.2.6.1.2 Injection Grouting Materials

          3. 1.2.6.1.3 Micro-concrete Mortars

          4. 1.2.6.1.4 Modified Mortars

          5. 1.2.6.1.5 Rebar Protectors

      7. 1.2.7 Sealants

        1. 1.2.7.1 By Sub Product

          1. 1.2.7.1.1 Acrylic

          2. 1.2.7.1.2 Epoxy

          3. 1.2.7.1.3 Polyurethane

          4. 1.2.7.1.4 Silicone

          5. 1.2.7.1.5 Other Resin Types

      8. 1.2.8 Surface Treatment Chemicals

        1. 1.2.8.1 By Sub Product

          1. 1.2.8.1.1 Curing Compounds

          2. 1.2.8.1.2 Mold Release Agents

          3. 1.2.8.1.3 Other Product Types

      9. 1.2.9 Waterproofing Solutions

        1. 1.2.9.1 By Sub Product

          1. 1.2.9.1.1 Chemicals

          2. 1.2.9.1.2 Membranes

    3. 1.3 Region

      1. 1.3.1 Asia-Pacific

        1. 1.3.1.1 By Country

          1. 1.3.1.1.1 Australia

          2. 1.3.1.1.2 China

          3. 1.3.1.1.3 India

          4. 1.3.1.1.4 Indonesia

          5. 1.3.1.1.5 Japan

          6. 1.3.1.1.6 Malaysia

          7. 1.3.1.1.7 South Korea

          8. 1.3.1.1.8 Thailand

          9. 1.3.1.1.9 Vietnam

          10. 1.3.1.1.10 Rest of Asia-Pacific

      2. 1.3.2 Europe

        1. 1.3.2.1 By Country

          1. 1.3.2.1.1 France

          2. 1.3.2.1.2 Germany

          3. 1.3.2.1.3 Italy

          4. 1.3.2.1.4 Russia

          5. 1.3.2.1.5 Spain

          6. 1.3.2.1.6 United Kingdom

          7. 1.3.2.1.7 Rest of Europe

      3. 1.3.3 Middle East and Africa

        1. 1.3.3.1 By Country

          1. 1.3.3.1.1 Saudi Arabia

          2. 1.3.3.1.2 United Arab Emirates

          3. 1.3.3.1.3 Rest of Middle East and Africa

      4. 1.3.4 North America

        1. 1.3.4.1 By Country

          1. 1.3.4.1.1 Canada

          2. 1.3.4.1.2 Mexico

          3. 1.3.4.1.3 United States

      5. 1.3.5 South America

        1. 1.3.5.1 By Country

          1. 1.3.5.1.1 Argentina

          2. 1.3.5.1.2 Brazil

          3. 1.3.5.1.3 Rest of South America

Construction Chemicals Market Size FAQs

The Global Construction Chemicals Market size is expected to reach USD 90.51 billion in 2024 and grow at a CAGR of 6.29% to reach USD 130.52 billion by 2030.

In 2024, the Global Construction Chemicals Market size is expected to reach USD 90.51 billion.

Construction Chemicals Market Report Snapshots

Construction Chemicals Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis Up to 2030