Malaysia Construction Chemicals Market Size

The Malaysia Construction Chemicals Market is experiencing growth driven by increasing demand in the commercial, industrial, and residential sectors. The industrial and institutional sector currently leads in consumption, supported by investments in industrial, education, and healthcare construction, while the residential sector is expected to grow rapidly due to sustained housing demand and favorable government policies. This growth trajectory indicates a significant expansion in the market size over the forecast period, reflecting the country's broader economic development and urbanization trends.

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Market Size of malaysia construction chemicals Industry

Malaysia Construction Chemicals Market Summary
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svg icon Study Period 2018 - 2030
svg icon Market Size (2024) USD 388.00 Million
svg icon Market Size (2030) USD 537.32 Million
svg icon Largest Share by End Use Sector Industrial and Institutional
svg icon CAGR (2024 - 2030) 5.58 %
svg icon Fastest Growing by End Use Sector Commercial

Major Players

Malaysia Construction Chemicals Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Malaysia Construction Chemicals Market Analysis

The Malaysia Construction Chemicals Market size is estimated at 388.00 million USD in 2024, and is expected to reach 537.32 million USD by 2030, growing at a CAGR of 5.58% during the forecast period (2024-2030).

388.00 Million

Market Size in 2024 (USD)

537.32 Million

Market Size in 2030 (USD)

-1.02 %

CAGR (2018-2023)

5.58 %

CAGR (2024-2030)

Largest Market by Product

36.63 %

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.

Fastest Market by Product

7.94 %

Projected CAGR, Surface Treatment Chemicals, 2024-2030

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Ease of application, low VOC content, and low-cost alternatives to concrete admixtures make them an ideal choice to protect concrete surfaces, and the surface treatment chemical segment is likely to witness the fastest growth.

Largest Market by End Use Sector

32.18 %

value share, Industrial and Institutional, 2023

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Due to increased awareness of the safety, efficiency, and longevity of building structures in the industrial and institutional sectors, the demand for various construction chemicals, such as waterproofing solutions, admixture, etc., made the segment the largest among all.

Fastest Market by End Use Sector

6.30 %

Projected CAGR, Commercial, 2024-2030

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Supportive government policies to promote the real estate sector, along with robust economic development, urbanization, and foreign investments are likely to support the growth of the commercial sector in the coming years.

Leading Company

33.23 %

market share, Sika AG, 2022

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

The rise in affordable housing unit construction is likely to boost the demand for construction chemicals

  • In 2022, Malaysia's construction chemicals market saw a 6.91% growth in value, driven by rising demand from the commercial and industrial & institutional sectors. By 2023, Malaysia's construction chemicals were estimated to represent approximately 1% of the broader Asia-Pacific market.
  • The industrial & institutional sector emerged as the largest consumer of construction chemicals in Malaysia, accounting for about 32.77% in 2022. Projections indicate that the sector's new floor area in the country will surge by 3.03 million square feet by 2030, compared to 2023. This growth is attributed to increased investments in industrial, education, and healthcare construction. Factors like urbanization and industrialization are further bolstering this sector's growth. Consequently, the demand for construction chemicals in this sector is expected to rise from USD 117 million in 2023 to USD 157 million in 2030.
  • Malaysia's residential sector is poised to be the fastest-growing consumer of construction chemicals, with a projected CAGR of 6.45% during the forecast period. The new residential floor area in the country is anticipated to surge from 188 million square feet in 2023 to 250 million square feet in 2030. This growth is driven by sustained housing demand, increased investments, and favorable government policies. Notably, the construction of affordable housing units is set to invigorate Malaysia's residential construction sector. Consequently, the demand for construction chemicals in the residential sector is projected to rise by USD 48.23 million by 2030, compared to 2023.
Malaysia Construction Chemicals Market

Malaysia 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.

  • In 2022, Malaysia's construction chemicals market saw a 6.91% growth in value, driven by rising demand from the commercial and industrial & institutional sectors. By 2023, Malaysia's construction chemicals were estimated to represent approximately 1% of the broader Asia-Pacific market.
  • The industrial & institutional sector emerged as the largest consumer of construction chemicals in Malaysia, accounting for about 32.77% in 2022. Projections indicate that the sector's new floor area in the country will surge by 3.03 million square feet by 2030, compared to 2023. This growth is attributed to increased investments in industrial, education, and healthcare construction. Factors like urbanization and industrialization are further bolstering this sector's growth. Consequently, the demand for construction chemicals in this sector is expected to rise from USD 117 million in 2023 to USD 157 million in 2030.
  • Malaysia's residential sector is poised to be the fastest-growing consumer of construction chemicals, with a projected CAGR of 6.45% during the forecast period. The new residential floor area in the country is anticipated to surge from 188 million square feet in 2023 to 250 million square feet in 2030. This growth is driven by sustained housing demand, increased investments, and favorable government policies. Notably, the construction of affordable housing units is set to invigorate Malaysia's residential construction sector. Consequently, the demand for construction chemicals in the residential sector is projected to rise by USD 48.23 million by 2030, compared to 2023.
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
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Malaysia Construction Chemicals Market Size Summary

The Malaysia Construction Chemicals Market is experiencing a positive growth trajectory, driven by increasing demand across various sectors, including industrial, institutional, and residential. The industrial and institutional sectors have emerged as significant consumers, fueled by investments in infrastructure such as education and healthcare facilities. Urbanization and industrialization trends are further propelling the demand for construction chemicals in these sectors. Meanwhile, the residential sector is anticipated to be the fastest-growing segment, supported by sustained housing demand, favorable government policies, and investments in affordable housing. The commercial construction sector, which faced challenges during the pandemic, is poised for recovery and growth, bolstered by foreign direct investments and the need for new commercial spaces.

The market is fairly consolidated, with major players like Cementaid International Group, Fosroc, Inc., MBCC Group, Saint-Gobain, and Sika AG dominating the landscape. Recent strategic moves, such as Sika's acquisition of the MBCC Group, highlight the ongoing consolidation and expansion efforts within the industry. The market's growth is also supported by the establishment of new production facilities, such as MC-Bauchemie's site in Malaysia, which aims to cater to the Asia-Pacific market's demand for niche construction chemical products. Overall, the Malaysia Construction Chemicals Market is set to expand significantly, driven by sector-specific growth, strategic industry developments, and a robust economic recovery.

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Malaysia 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

Malaysia Construction Chemicals Market Size FAQs

The Malaysia Construction Chemicals Market size is expected to reach USD 388.00 million in 2024 and grow at a CAGR of 5.58% to reach USD 537.32 million by 2030.

In 2024, the Malaysia Construction Chemicals Market size is expected to reach USD 388.00 million.

Malaysia Construction Chemicals Market Report Snapshots

Malaysia Construction Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030