Market Size of Germany Construction Chemicals Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.50 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Germany Construction Chemicals Market Analysis
The Germany construction chemicals market is estimated to witness a healthy growth, at an estimated CAGR of over 6.5%, over the forecast period. Growing construction activities in the country are expected to drive the market for construction chemicals in the country during the forecast period.
- By product type, the concrete admixture and cement grinding aids segment dominated the market and is expected to grow during the forecast period
- However, grouts and anchors segment are expected to witness the fastest CAGR during the forecast period.
Germany Construction Chemicals Industry Segmentation
The Germany 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 Industry | |
Commercial | |
Industrial | |
Infrastructure | |
Residential |
Germany Construction Chemicals Market Size Summary
The Germany construction chemicals market is poised for robust growth, driven by an increase in construction activities across the country. The market is characterized by a strong demand for concrete admixtures and cement grinding aids, which currently dominate the sector. However, the grouts and anchors segment is anticipated to experience the fastest growth rate during the forecast period. The construction industry in Germany, the largest in Europe, is expected to expand steadily due to heightened public investment in infrastructure. This growth is further supported by the influx of migrants, which is stimulating demand for new residential construction, necessitating the creation of numerous new dwelling spaces annually. The federal government's significant investment in road infrastructure under the 2030 Federal Transport Infrastructure Plan is also expected to bolster the construction chemicals market.
The residential construction segment is projected to see moderate to high growth, with increasing demand for elite, middle-class, and low-cost housing. The rising middle-class population and their growing disposable incomes are driving expansion in the middle-class housing segment, thereby boosting the use of construction chemicals. Meanwhile, government initiatives aimed at providing affordable housing are supporting the steady rise of the low-cost housing segment. These factors collectively contribute to the growth of the construction industry and, consequently, the demand for construction chemicals in Germany. The market is partially consolidated, with major players such as RPM International Inc., Sika AG, BASF SE, LafargeHolcim, and MAPEI SpA playing significant roles in shaping the competitive landscape.
Germany Construction Chemicals Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Construction Activities in the Country
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1.1.2 Other Drivers
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1.2 Restraints
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1.3 Industry Value-Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Concrete Admixture and Cement Grinding Aids
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2.1.2 Surface Treatment
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2.1.3 Repair and Rehabilitation
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2.1.4 Protective Coatings
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2.1.5 Industrial Flooring
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2.1.6 Waterproofing
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2.1.7 Adhesive and Sealants
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2.1.8 Grout and Anchor
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2.2 End-user Industry
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2.2.1 Commercial
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2.2.2 Industrial
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2.2.3 Infrastructure
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2.2.4 Residential
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Germany Construction Chemicals Market Size FAQs
What is the current Germany Construction Chemicals Market size?
The Germany Construction Chemicals Market is projected to register a CAGR of greater than 6.5% during the forecast period (2024-2029)
Who are the key players in Germany Construction Chemicals Market?
RPM International Inc., Sika AG, BASF SE, LafargeHolcim and MAPEI SpA are the major companies operating in the Germany Construction Chemicals Market.