North America Construction Chemicals Market Size
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Study Period | 2018 - 2030 |
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Market Size (2024) | USD 18.13 Billion |
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Market Size (2030) | USD 25.41 Billion |
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Largest Share by End Use Sector | Industrial and Institutional |
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CAGR (2024 - 2030) | 5.79 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Construction Chemicals Market Analysis
The North America Construction Chemicals Market size is estimated at 18.13 billion USD in 2024, and is expected to reach 25.41 billion USD by 2030, growing at a CAGR of 5.79% during the forecast period (2024-2030).
18.13 Billion
Market Size in 2024 (USD)
25.41 Billion
Market Size in 2030 (USD)
4.99 %
CAGR (2018-2023)
5.79 %
CAGR (2024-2030)
Largest Market by Product
26.31 %
value share, Waterproofing Solutions, 2023
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
36.90 %
value share, Industrial and Institutional, 2023
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 Country
79.46 %
value share, United States, 2023
With the increasing demand for construction chemicals in the industrial and commercial construction sectors coupled with urban infrastructure developments, the country has dominated the market.
Fastest Market by Country
6.05 %
Projected CAGR, Canada, 2024-2030
Due to growing initiatives in residential projects and increasing infrastructural investments, Canada is expected to be the fastest-growing country in the region.
Leading Company
13.95 %
market share, Sika AG, 2022
The company's broad range of high-quality products, well-established network in the region, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.
Rising investment in industrial construction, such as the United States spending around USD 47.59 billion by 2026, is expected to boost the market
- The construction chemicals market in North America witnessed a growth of 6.24% by value in 2022 compared to the previous year due to increasing demand from the commercial & industrial and institutional construction sectors. In 2023, the region’s construction chemicals are estimated to account for around 20.06% of the overall global construction chemicals market.
- The industrial and institutional construction sector is the region's largest consumer of construction chemicals, accounting for around 36.50% by value in 2022. The increase in investment for the construction of the industrial and healthcare sectors is projected to drive the demand for the industrial and institutional sectors. For instance, construction spending in new industrial buildings in the United States is projected to reach USD 47.59 billion by 2026. Growing urbanization and industrialization further aid the market growth in the country. As a result, the construction chemicals for the sector in the region are projected to reach USD 9.36 billion in 2030 from USD 6.28 billion in 2023.
- The region’s residential construction sector is expected to be the fastest-growing consumer of construction chemicals, with the highest CAGR of 6.27% in terms of value during the forecast period (2023-3030), owing to an increase in residential new construction floor area. For instance, the residential new floor area in the region was expected to reach 3.96 billion square feet in 2023 and is projected to reach 5.09 billion square feet in 2030. As a result, the construction chemicals for the sector in the region are projected to increase by USD 1.85 billion in 2030 compared to 2023.
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Mexico is expected to witness the fastest growth due to the government's implementation of USMCA
- Construction chemicals, including concrete admixtures, waterproofing solutions, adhesives & sealants, anchors & grouts, and flooring resins, play a pivotal role in enhancing the performance of buildings and structures. In 2022, the construction chemicals market in North America witnessed a 6.24% growth in value, with Mexico and Canada leading with 15.94% and 7.83%, respectively. The North American construction chemicals market was projected to grow by 6.31% in 2023.
- The United States dominated the market with a commanding share of 79% in 2022. The nation's construction sector attracted investments totaling USD 1792.9 billion in 2022, marking a 10.2% increase from the previous year. This surge in investments was primarily directed toward residential, civil engineering, and non-residential projects. As construction activities surged, so did the demand for construction chemicals. In 2022, the US construction chemicals market witnessed a 5.15% growth in value, and this growth trajectory was expected to continue with a projected 6.54% increase in 2023.
- Mexico is poised to witness the highest CAGR of 6.04% in the construction chemicals market during the forecast period. This growth can be attributed to Mexico's expanding commercial construction sector. Factors such as the implementation of the United States-Mexico-Canada Agreement (USMCA) and escalating tensions with China have led to a shift in supply chain activities, favoring Mexico. Consequently, the country is witnessing a surge in warehouse and storage facility construction. Moreover, the projected increase of 56 million square feet in new floor area for commercial construction by 2030, compared to 2022, is expected to further boost the consumption of construction chemicals in Mexico.
North America Construction Chemicals Market Trends
Upcoming commercial construction in leading economies, such as the United States, may propel the growth of commercial construction
- In North America, the new floor area construction in the commercial sector was 4% higher in 2022 compared to 2021, primarily due to Canada and Mexico, which recorded growth rates of about 7% and 24%, respectively, during the same period. The new floor area construction of the sector was estimated to increase by around 6% in 2023 compared to 2022 due to the growth in demand for commercial spaces as the work-from-home trend declined and businesses expanded across the region.
- The sector witnessed noticeable losses during 2020 and 2021 because of the COVID-19 pandemic and its impact, such as disruptions in supply chains and economic uncertainty. As a result, the new floor area constructions in 2020 and 2021 declined by 12.96% and 8.39% compared to their respective previous years. The sector was most affected in Canada in 2020, such that the new floor area construction declined by 25.05% over the previous year.
- The commercial sector's new floor area construction is expected to register a CAGR of 4% in terms of volume during the forecast period (2023-2030) due to upcoming commercial construction activities, primarily in leading economies such as the United States. For instance, 103rd Street and Antioch Road mixed-use redevelopment, Elliot and Sossaman Road data center, Monroe Block mixed-use complex, and Woodside Square redevelopment were some large commercial projects that were expected to commence in the country in 2023. The sector is estimated to witness the most growth in Mexico, with the new floor area construction estimated to reach 192 million sq. ft by 2030 compared to 136 million sq. ft in 2022.
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Canada is expected to lead the residential sector's growth in North America, driven by rising incomes, low interest rates, and an influx of new residents
- In 2022, the residential sector in North America saw a 5.03% growth in new floor area construction despite soaring housing prices. Notably, mortgage rates in the United States surged from 3.2% to approximately 7.5% by early 2022. This surge was expected to persist in 2023, with new floor area construction rising by 3.45%. By May 2023, the United States was estimated to hit 1.63 million new home constructions, marking a significant surge from 1.8 million units since April 2022.
- In 2020, the region's residential sector faced a setback, witnessing a 90-million sq. ft drop in new floor area construction, primarily due to the negative impact of the COVID-19 pandemic. These disruptions included lockdowns, liquidity constraints, and a dampened demand for new buildings. For instance, in 2020, new residential construction in Canada saw a steep 51.9% decline in multi-family homebuilding. However, in 2021, with the economies recovering from the impact of the pandemic, the sector also rebounded, with a notable 289 million sq. ft increase in new floor area construction. Specifically, the United States and Canada saw volume growths of 14.5% and 19.7%, respectively, in new residential construction.
- The region's new floor area construction is projected to witness a CAGR of 3.67% in terms of volume from 2023 to 2030. Canada is expected to lead this growth, driven by rising incomes, low interest rates, and an influx of new residents, particularly millennials and Gen Z, who are forming their own households and seeking homeownership.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Growth in nearshoring and reshoring in North America may propel the growth of the industrial and institutional sector
- Mexico's infrastructure sector is expected to witness the highest growth in North America due to a robust pipeline of projects
North America Construction Chemicals Industry Overview
The North America Construction Chemicals Market is fragmented, with the top five companies occupying 39.73%. The major players in this market are MAPEI S.p.A., MBCC Group, RPM International Inc., Saint-Gobain and Sika AG (sorted alphabetically).
North America Construction Chemicals Market Leaders
MAPEI S.p.A.
MBCC Group
RPM International Inc.
Saint-Gobain
Sika AG
Other important companies include 3M, Ardex Group, Arkema, CEMEX, S.A.B. de C.V., Dow, Five Star Products, Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, LATICRETE International, Inc., Standard Industries Inc..
*Disclaimer: Major Players sorted in alphabetical order.
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North America Construction Chemicals Market News
- May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.
- April 2023: Flowcrete, a subsidiary of RPM International Inc., announced that it has extended the shelf life of its epoxy flooring resin products, which can now be stored for an extra 12 months from the previously specified dates without compromising their quality or performance.
- March 2023: Sika AG announced its plan to divest its MBCC admixture assets to Cinven, a global private equity firm, as part of its strategy to secure full ownership of MBCC Group.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.
North America Construction Chemicals Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End Use Sector Trends
- 4.1.1 Commercial
- 4.1.2 Industrial and Institutional
- 4.1.3 Infrastructure
- 4.1.4 Residential
- 4.2 Major Infrastructure Projects (current And Announced)
- 4.3 Regulatory Framework
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)
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5.1 End Use Sector
- 5.1.1 Commercial
- 5.1.2 Industrial and Institutional
- 5.1.3 Infrastructure
- 5.1.4 Residential
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5.2 Product
- 5.2.1 Adhesives
- 5.2.1.1 By Sub Product
- 5.2.1.1.1 Hot Melt
- 5.2.1.1.2 Reactive
- 5.2.1.1.3 Solvent-borne
- 5.2.1.1.4 Water-borne
- 5.2.2 Anchors and Grouts
- 5.2.2.1 By Sub Product
- 5.2.2.1.1 Cementitious Fixing
- 5.2.2.1.2 Resin Fixing
- 5.2.2.1.3 Other Types
- 5.2.3 Concrete Admixtures
- 5.2.3.1 By Sub Product
- 5.2.3.1.1 Accelerator
- 5.2.3.1.2 Air Entraining Admixture
- 5.2.3.1.3 High Range Water Reducer (Super Plasticizer)
- 5.2.3.1.4 Retarder
- 5.2.3.1.5 Shrinkage Reducing Admixture
- 5.2.3.1.6 Viscosity Modifier
- 5.2.3.1.7 Water Reducer (Plasticizer)
- 5.2.3.1.8 Other Types
- 5.2.4 Concrete Protective Coatings
- 5.2.4.1 By Sub Product
- 5.2.4.1.1 Acrylic
- 5.2.4.1.2 Alkyd
- 5.2.4.1.3 Epoxy
- 5.2.4.1.4 Polyurethane
- 5.2.4.1.5 Other Resin Types
- 5.2.5 Flooring Resins
- 5.2.5.1 By Sub Product
- 5.2.5.1.1 Acrylic
- 5.2.5.1.2 Epoxy
- 5.2.5.1.3 Polyaspartic
- 5.2.5.1.4 Polyurethane
- 5.2.5.1.5 Other Resin Types
- 5.2.6 Repair and Rehabilitation Chemicals
- 5.2.6.1 By Sub Product
- 5.2.6.1.1 Fiber Wrapping Systems
- 5.2.6.1.2 Injection Grouting Materials
- 5.2.6.1.3 Micro-concrete Mortars
- 5.2.6.1.4 Modified Mortars
- 5.2.6.1.5 Rebar Protectors
- 5.2.7 Sealants
- 5.2.7.1 By Sub Product
- 5.2.7.1.1 Acrylic
- 5.2.7.1.2 Epoxy
- 5.2.7.1.3 Polyurethane
- 5.2.7.1.4 Silicone
- 5.2.7.1.5 Other Resin Types
- 5.2.8 Surface Treatment Chemicals
- 5.2.8.1 By Sub Product
- 5.2.8.1.1 Curing Compounds
- 5.2.8.1.2 Mold Release Agents
- 5.2.8.1.3 Other Product Types
- 5.2.9 Waterproofing Solutions
- 5.2.9.1 By Sub Product
- 5.2.9.1.1 Chemicals
- 5.2.9.1.2 Membranes
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5.3 Country
- 5.3.1 Canada
- 5.3.2 Mexico
- 5.3.3 United States
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Ardex Group
- 6.4.3 Arkema
- 6.4.4 CEMEX, S.A.B. de C.V.
- 6.4.5 Dow
- 6.4.6 Five Star Products, Inc.
- 6.4.7 H.B. Fuller Company
- 6.4.8 Henkel AG & Co. KGaA
- 6.4.9 LATICRETE International, Inc.
- 6.4.10 MAPEI S.p.A.
- 6.4.11 MBCC Group
- 6.4.12 RPM International Inc.
- 6.4.13 Saint-Gobain
- 6.4.14 Sika AG
- 6.4.15 Standard Industries Inc.
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, NORTH AMERICA, 2018 - 2030
- Figure 2:
- FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, NORTH AMERICA, 2018 - 2030
- Figure 3:
- SPENDING ON INFRASTRUCTURE PROJECTS, USD, NORTH AMERICA, 2018 - 2030
- Figure 4:
- FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, NORTH AMERICA, 2018 - 2030
- Figure 5:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 6:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, USD, NORTH AMERICA, 2018 - 2030
- Figure 7:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 8:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN COMMERCIAL SECTOR, USD, NORTH AMERICA, 2018 - 2030
- Figure 9:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN COMMERCIAL SECTOR, BY PRODUCT, %, NORTH AMERICA, 2023 VS 2030
- Figure 10:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, NORTH AMERICA, 2018 - 2030
- Figure 11:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, BY PRODUCT, %, NORTH AMERICA, 2023 VS 2030
- Figure 12:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN INFRASTRUCTURE SECTOR, USD, NORTH AMERICA, 2018 - 2030
- Figure 13:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN INFRASTRUCTURE SECTOR, BY PRODUCT, %, NORTH AMERICA, 2023 VS 2030
- Figure 14:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED IN RESIDENTIAL SECTOR, USD, NORTH AMERICA, 2018 - 2030
- Figure 15:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED IN RESIDENTIAL SECTOR, BY PRODUCT, %, NORTH AMERICA, 2023 VS 2030
- Figure 16:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 17:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 18:
- VALUE OF ADHESIVES CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 19:
- VALUE SHARE OF ADHESIVES CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 20:
- VALUE OF HOT MELT ADHESIVES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 21:
- VALUE SHARE OF HOT MELT ADHESIVES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 22:
- VALUE OF REACTIVE ADHESIVES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 23:
- VALUE SHARE OF REACTIVE ADHESIVES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 24:
- VALUE OF SOLVENT-BORNE ADHESIVES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 25:
- VALUE SHARE OF SOLVENT-BORNE ADHESIVES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 26:
- VALUE OF WATER-BORNE ADHESIVES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 27:
- VALUE SHARE OF WATER-BORNE ADHESIVES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 28:
- VALUE OF ANCHORS AND GROUTS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 29:
- VALUE SHARE OF ANCHORS AND GROUTS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 30:
- VALUE OF CEMENTITIOUS FIXING ANCHORS AND GROUTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 31:
- VALUE SHARE OF CEMENTITIOUS FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 32:
- VALUE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 33:
- VALUE SHARE OF RESIN FIXING ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 34:
- VALUE OF OTHER TYPES ANCHORS AND GROUTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 35:
- VALUE SHARE OF OTHER TYPES ANCHORS AND GROUTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 36:
- VALUE OF CONCRETE ADMIXTURES CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 37:
- VALUE SHARE OF CONCRETE ADMIXTURES CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 38:
- VALUE OF ACCELERATOR CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 39:
- VALUE SHARE OF ACCELERATOR CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 40:
- VALUE OF AIR ENTRAINING ADMIXTURE CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 41:
- VALUE SHARE OF AIR ENTRAINING ADMIXTURE CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 42:
- VALUE OF HIGH RANGE WATER REDUCER (SUPER PLASTICIZER) CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 43:
- VALUE SHARE OF HIGH RANGE WATER REDUCER (SUPER PLASTICIZER) CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 44:
- VALUE OF RETARDER CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 45:
- VALUE SHARE OF RETARDER CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 46:
- VALUE OF SHRINKAGE REDUCING ADMIXTURE CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 47:
- VALUE SHARE OF SHRINKAGE REDUCING ADMIXTURE CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 48:
- VALUE OF VISCOSITY MODIFIER CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 49:
- VALUE SHARE OF VISCOSITY MODIFIER CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 50:
- VALUE OF WATER REDUCER (PLASTICIZER) CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 51:
- VALUE SHARE OF WATER REDUCER (PLASTICIZER) CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 52:
- VALUE OF OTHER TYPES CONCRETE ADMIXTURES CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 53:
- VALUE SHARE OF OTHER TYPES CONCRETE ADMIXTURES CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 54:
- VALUE OF CONCRETE PROTECTIVE COATINGS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 55:
- VALUE SHARE OF CONCRETE PROTECTIVE COATINGS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 56:
- VALUE OF ACRYLIC CONCRETE PROTECTIVE COATINGS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 57:
- VALUE SHARE OF ACRYLIC CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 58:
- VALUE OF ALKYD CONCRETE PROTECTIVE COATINGS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 59:
- VALUE SHARE OF ALKYD CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 60:
- VALUE OF EPOXY CONCRETE PROTECTIVE COATINGS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 61:
- VALUE SHARE OF EPOXY CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 62:
- VALUE OF POLYURETHANE CONCRETE PROTECTIVE COATINGS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 63:
- VALUE SHARE OF POLYURETHANE CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 64:
- VALUE OF OTHER RESIN TYPES CONCRETE PROTECTIVE COATINGS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 65:
- VALUE SHARE OF OTHER RESIN TYPES CONCRETE PROTECTIVE COATINGS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 66:
- VALUE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 67:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 68:
- VALUE OF ACRYLIC FLOORING RESINS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 69:
- VALUE SHARE OF ACRYLIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 70:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 71:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 72:
- VALUE OF POLYASPARTIC FLOORING RESINS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 73:
- VALUE SHARE OF POLYASPARTIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 74:
- VALUE OF POLYURETHANE FLOORING RESINS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 75:
- VALUE SHARE OF POLYURETHANE FLOORING RESINS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 76:
- VALUE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 77:
- VALUE SHARE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 78:
- VALUE OF REPAIR AND REHABILITATION CHEMICALS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 79:
- VALUE SHARE OF REPAIR AND REHABILITATION CHEMICALS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 80:
- VALUE OF FIBER WRAPPING SYSTEMS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 81:
- VALUE SHARE OF FIBER WRAPPING SYSTEMS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 82:
- VALUE OF INJECTION GROUTING MATERIALS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 83:
- VALUE SHARE OF INJECTION GROUTING MATERIALS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 84:
- VALUE OF MICRO-CONCRETE MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 85:
- VALUE SHARE OF MICRO-CONCRETE MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 86:
- VALUE OF MODIFIED MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 87:
- VALUE SHARE OF MODIFIED MORTARS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 88:
- VALUE OF REBAR PROTECTORS REPAIR AND REHABILITATION CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 89:
- VALUE SHARE OF REBAR PROTECTORS REPAIR AND REHABILITATION CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 90:
- VALUE OF SEALANTS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 91:
- VALUE SHARE OF SEALANTS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 92:
- VALUE OF ACRYLIC SEALANTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 93:
- VALUE SHARE OF ACRYLIC SEALANTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 94:
- VALUE OF EPOXY SEALANTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 95:
- VALUE SHARE OF EPOXY SEALANTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 96:
- VALUE OF POLYURETHANE SEALANTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 97:
- VALUE SHARE OF POLYURETHANE SEALANTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 98:
- VALUE OF SILICONE SEALANTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 99:
- VALUE SHARE OF SILICONE SEALANTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 100:
- VALUE OF OTHER RESIN TYPES SEALANTS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 101:
- VALUE SHARE OF OTHER RESIN TYPES SEALANTS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 102:
- VALUE OF SURFACE TREATMENT CHEMICALS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 103:
- VALUE SHARE OF SURFACE TREATMENT CHEMICALS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 104:
- VALUE OF CURING COMPOUNDS SURFACE TREATMENT CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 105:
- VALUE SHARE OF CURING COMPOUNDS SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 106:
- VALUE OF MOLD RELEASE AGENTS SURFACE TREATMENT CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 107:
- VALUE SHARE OF MOLD RELEASE AGENTS SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 108:
- VALUE OF OTHER PRODUCT TYPES SURFACE TREATMENT CHEMICALS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 109:
- VALUE SHARE OF OTHER PRODUCT TYPES SURFACE TREATMENT CHEMICALS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 110:
- VALUE OF WATERPROOFING SOLUTIONS CONSUMED BY SUB PRODUCT, USD, NORTH AMERICA, 2018 - 2030
- Figure 111:
- VALUE SHARE OF WATERPROOFING SOLUTIONS CONSUMED BY SUB PRODUCT, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 112:
- VALUE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 113:
- VALUE SHARE OF CHEMICALS WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 114:
- VALUE OF MEMBRANES WATERPROOFING SOLUTIONS CONSUMED, USD, NORTH AMERICA, 2018 - 2030
- Figure 115:
- VALUE SHARE OF MEMBRANES WATERPROOFING SOLUTIONS CONSUMED BY END USE SECTOR, %, NORTH AMERICA, 2023 VS 2030
- Figure 116:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 117:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 118:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED, USD, CANADA, 2018 - 2030
- Figure 119:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
- Figure 120:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED, USD, MEXICO, 2018 - 2030
- Figure 121:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
- Figure 122:
- VALUE OF CONSTRUCTION CHEMICALS CONSUMED, USD, UNITED STATES, 2018 - 2030
- Figure 123:
- VALUE SHARE OF CONSTRUCTION CHEMICALS CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
- Figure 124:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, NORTH AMERICA, 2020 - 2023
- Figure 125:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2020 - 2023
- Figure 126:
- REVENUE SHARE OF CONSTRUCTION CHEMICALS BY MAJOR PLAYERS, %, NORTH AMERICA, 2022
North America 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. Canada, Mexico, United States are covered as segments by Country.
- The construction chemicals market in North America witnessed a growth of 6.24% by value in 2022 compared to the previous year due to increasing demand from the commercial & industrial and institutional construction sectors. In 2023, the region’s construction chemicals are estimated to account for around 20.06% of the overall global construction chemicals market.
- The industrial and institutional construction sector is the region's largest consumer of construction chemicals, accounting for around 36.50% by value in 2022. The increase in investment for the construction of the industrial and healthcare sectors is projected to drive the demand for the industrial and institutional sectors. For instance, construction spending in new industrial buildings in the United States is projected to reach USD 47.59 billion by 2026. Growing urbanization and industrialization further aid the market growth in the country. As a result, the construction chemicals for the sector in the region are projected to reach USD 9.36 billion in 2030 from USD 6.28 billion in 2023.
- The region’s residential construction sector is expected to be the fastest-growing consumer of construction chemicals, with the highest CAGR of 6.27% in terms of value during the forecast period (2023-3030), owing to an increase in residential new construction floor area. For instance, the residential new floor area in the region was expected to reach 3.96 billion square feet in 2023 and is projected to reach 5.09 billion square feet in 2030. As a result, the construction chemicals for the sector in the region are projected to increase by USD 1.85 billion in 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 | |||
| Product | Anchors and Grouts | By Sub Product | Cementitious Fixing |
| Resin Fixing | |||
| Other Types | |||
| Product | 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 | |||
| Product | Concrete Protective Coatings | By Sub Product | Acrylic |
| Alkyd | |||
| Epoxy | |||
| Polyurethane | |||
| Other Resin Types | |||
| Product | Flooring Resins | By Sub Product | Acrylic |
| Epoxy | |||
| Polyaspartic | |||
| Polyurethane | |||
| Other Resin Types | |||
| Product | Repair and Rehabilitation Chemicals | By Sub Product | Fiber Wrapping Systems |
| Injection Grouting Materials | |||
| Micro-concrete Mortars | |||
| Modified Mortars | |||
| Rebar Protectors | |||
| Product | Sealants | By Sub Product | Acrylic |
| Epoxy | |||
| Polyurethane | |||
| Silicone | |||
| Other Resin Types | |||
| Product | Surface Treatment Chemicals | By Sub Product | Curing Compounds |
| Mold Release Agents | |||
| Other Product Types | |||
| Product | Waterproofing Solutions | By Sub Product | Chemicals |
| Membranes | |||
| Country | Canada | ||
| Mexico | |||
| United States |
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Market Definition
- END-USE SECTOR - Construction chemicals consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of construction chemical products such as concrete admixtures, repair and rehabilitation chemicals, flooring resins, waterproofing solutions, anchors and grouts, adhesives and sealants, and surface treatment chemicals is considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
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- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
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