Press Release
Global Construction Chemicals Market is Estimated to Reach $46.6 Billion by 2024, Says Variant Market Research
 Published Date:  Nov 2017  Publish By: Variant Market Research

Global Construction Chemicals Market Report, published by Variant Market Research, forecast that the global market is expected to reach $46.6 billion by 2024 from $28.6 billion in 2016; growing at a CAGR of 6.3% from 2016 to 2024. By geography, Asia-Pacific and Rest of the World are expected to grow at a CAGR of 7.8% and 6.4%, respectively, during the forecast period.Construction chemicals are chemical formulations with concrete, cement, or other construction materials to keep the construction materials collected together. Factors such as increasing adoption of the green building concept & numerous planned smart city projects are driving the growth of the market in coming years.

"Construction Chemicals Market (By Type: Concrete and Mixture,Asphalt Additives, Adhesives and Sealant,Protective Coatings, and Other Types; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

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Growing economics and quality of construction to drive the global Construction Chemicals Market

Rising economics and quality of construction in countries such as China and India are supporting the growth of the Asia-Pacific construction chemicals market. Rapid urbanization which has led to change in consumer lifestyle coupled with upliftment in quality of construction would boost the global market in the coming five to six years. However, factors such as low consumer responsiveness may hinder the global market. Growing consumer awareness regarding sustainable infrastructure is expected to create numerous growth opportunities for the market in the future years.

Market Segmentation

Type and geography are the major segments of global construction chemicals market. The type segment is bifurcated into concrete and mixture, asphalt additives, adhesives and sealant, protective coatings, and other types. Based on geography, the global construction chemicals market has been segmented into North America (Canada, U.S., Mexico), Europe (Germany, UK, France Italy, and Rest of Europe.), Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific) and RoW (South America, Middle East, and Africa).

Protective coatings accounted for the largest market share in the type segment in 2016

Global Construction Chemicals Market, By Type
Construction Chemicals Market

Protective coatings accounted for the largest market share in 2016, and are expected to continue its dominance during the forecast period 2016 – 2024, owing to high market demand for stronger and weather resistant buildings and infrastructure. Plenty of heritage buildings globally would help to drive or facilitate the growth of protective coatings used for restoration and maintenance works.

Asia-Pacific dominated the global market with largest market share over the forecast period

Construction Chemicals Market

Asia-Pacific dominated the global construction chemicals with largest market share of 46.7% in 2016, and expected to continue its dominance during the forecasted period, owing to the heavy urbanization and industrialization that drives the requirement for environmental friendly products and sustainable infrastructure.

Competitive Landscape

The key players operating in the market are RPM International Inc., Ashland Inc., Arkema SA, MAPEI S.p.A., BASF SE, Fosroc International Ltd., Pidilite Industries Limited, The Dow Chemical Company, W. R. Grace & Co., and Sika AG, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
          Impact Analysis
          3.3.2 Restraints
          Impact Analysis
          3.3.3 Opportunities
Chapter 4 Global Construction Chemicals Market by Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Concrete and Mixture
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Asphalt Additives
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 Adhesives and Sealants
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Protective Coatings
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
    4.6 Other Types
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast
Chapter 5 Global Construction Chemicals Market by Geography: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 North America
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
          5.2.3 U.S.
          Market Size and Forecast
          5.2.4 Canada
          Market Size and Forecast
          5.2.5 Mexico
          Market Size and Forecast
    5.3 Europe
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
          5.3.3 UK
          Market Size and Forecast
          5.3.4 Germany
          Market Size and Forecast
          5.3.5 France
          Market Size and Forecast
          5.3.6 Italy
          Market Size and Forecast
          5.3.7 Rest of Europe
          Market Size and Forecast
    5.4 Asia-Pacific
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
          5.4.3 China
          Market Size and Forecast
          5.4.4 Japan
          Market Size and Forecast
          5.4.5 India
          Market Size and Forecast
          5.4.6 South Korea
          Market Size and Forecast
          5.4.7 Rest of Asia-Pacific
          Market Size and Forecast
    5.5 RoW
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
          5.5.3 Middle East
          Market Size and Forecast
          5.5.4 South America
          Market Size and Forecast
          5.5.5 Africa
          Market Size and Forecast
Chapter 6 Company Profiles
    6.1 Ashland Inc.
    6.2 Arkema S.A.
    6.3 MAPEI S.p.A.
    6.4 BASF SE
    6.5 Fosroc International Ltd.
    6.6 RPM International Inc.
    6.7 Pidilite Industries Limited
    6.8 The Dow Chemical Company
    6.9 W. R. Grace & Co.
    6.10 Sika AG


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