Global Construction Chemicals Market: Trend analysis and Forecast to 2022
The Global Construction Chemical Market is projected to grow
with a CAGR between 5.5% 6.0% over the forecast period of
2016-2022 and surpass USD 40 billion by 2022. It was worth
nearly USD 27 billion in 2015. Construction chemicals are the
chemical compounds that are added in construction material to
improve workability, enhance performance and to protect con-
struction material. These chemicals are widely used in construc-
tion of residential, non-residential and non-building infrastructur-
al activities such as road, highways and expressways. The main
objective of construction chemicals is to strengthen the structure
with enhanced durability. Moreover, the use of these chemicals
offers the long lasting and crucial benefits with assured quality.
Infrastructure is the most attractive segment of global construc-
tion chemical market due to which, the global market is majorly
driven by the rapid infrastructural growth across the world. More-
over, developing economies, improving economics of construc-
tion and increasing urbanization of population are also consid-
ered as prime factors driving the growth of this market. In addi-
tion, technological advancement and product innovation in con-
struction chemicals is anticipated to support the growth of con-
struction chemical market over the forecast period. Increasing
housing projects in developing economies and growing urbani-
zation are expected to present opportunities in this market for
leading player and new entrants over the forecast period.
Global Construction Chemicals market segments
By Application By Type
Paints & coatings
Introduction
Food & beverages
Residential
Pulp & paper
Repair structure
Water treatment
Industrial/commercial
Oil & gas
infrastructure
Textiles
Global Construction Chemicals market: Regional Highlights
x.x
x.x x.x
%
% %
North America
x.x
Latin America %
Europe
Asia
The report segments the global construction chemical market by
type, by application and by region. Market segmentation based
on type include concrete admixtures, waterproofing & roofing,
repair, flooring, sealants & adhesives and other. Concrete ad-
mixtures are used during initial stages of construction due to
which it is most dominating segment in the world market and
accounted 39% of market share. On the basis application the
construction chemicals market is segmented into residential,
industrial/commercial, infrastructure and repair structure.
The report provides regional analysis covering geographies
such as North America, Europe, Asia-Pacific, and Rest of the
World (ROW). Asia pacific is the largest market for construction
chemicals globally, with the market share of more than 41%.
Increasing domestic demand for residential and commercial
building in china alone accounted more than one third market
share of construction chemicals globally, and is considered to be
the key factor driving dominance of APAC. Furthermore, Europe
is the fastest growing region after APAC for construction chemi-
cals and is anticipated to grow at fastest CAGR of XX% over the
forecast period.
The companies covered in the report includes, BASF SE, W.R.
Grace, RPM International Inc, Sika A.G., Fosroc International,
The Dow Chemical Company, Arkema S.A., Ashland Inc., Mapei
S.p.A, Pidilite Industries.
Global Construction Chemicals growth trains
XX.X million
By Geography
North America
Europe
Asia Pacific
XX.X million
Latin America
RoW
2016 2022
Global Construction Chemicals market: industry developments of key participants
X.X%
X.X%
Merger &
X.X% Acquisitions
X.X%
Joint ventures
New Product
Development
Others
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