Construction chemicals market size to grow by USD 18,807.31 million from 2022 to 2027; The rise in residential and commercial construction activities will drive growth | Analysis on impact of US crises

NEW YORK, March 16, 2023 /PRNewswire/ — Technavio categorizes the global construction chemicals market size as estimated to increase by USD 18,807.31 million between 2022 and 2027. The market’s growth momentum will be progressing at a CAGR of 6.86% during the forecast period. The growth of the market is driven by the rise in residential and commercial construction activities. Governments around the world are focusing on improving healthcare infrastructure and building new healthcare facilities to accommodate the growing number of patients, creating immense business opportunities for the construction industry. Per capita income increased in 2021 in developing countries. Increasing urbanization and growing consumer confidence in using chemicals are contributing to an increasing number of construction projects. Demand for building materials is growing as lifestyles and housing needs change. Such factors will support the growth of the global market during the forecast period. Take action now and gain valuable insights into the impact of the US crisis with our comprehensive analysis report- Talk to us

Global Construction Chemicals Market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on end-user (non-residential and residential), and type (concrete admixtures, adhesives and sealants, protective coatings, asphalt additives, and others). 

• The market growth in the non-residential segment will be significant during the forecast period. Emerging markets such as China, India, Indonesia, and Brazil are expected to invest heavily in the non-residential segment to meet the high demand for entertainment, education, and healthcare. Additionally, the emergence of multinational corporations around the world has increased the number of employees and office space. Moreover, the increasing number of technology parks and commercial parks is driving the demand for construction chemicals in the non-residential sector which is expected to increase further in the coming years. Therefore, the non-residential segment is expected to grow during the forecast period. 

Geography Overview
By geography, the global construction chemicals market is segmented into APAC, North America, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global construction chemicals market.

• APAC is estimated to contribute 52% to the growth of the global market during the forecast period. The regional market is driven by rapid urbanization, driving the development of the construction market. Many global companies, especially those involved in manufacturing, are focusing on establishing manufacturing facilities and R&D centers in APAC. This is due to favorable government policies, the availability of cheap resources and skilled labor, and low operating and labor costs in the region. Therefore, the construction industry is likely to create a huge demand for construction chemicals during the forecast period. 

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 – Download a Sample Report

Global Construction chemicals market – Vendor Analysis
Vendor Landscape – The global construction chemicals market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer construction chemicals in the market are 3M Co., Akzo Nobel NV, Ardex Endura Ltd., Ashland Inc., Covestro AG, Dow Inc., Fosroc International Ltd., GCP Applied Technologies Inc., Guangzhou Jointas Chemical Co. Ltd., H.B. Fuller Co., Henkel AG and Co. KGaA, Huntsman Corp., Lanxess AG, Mapei SpA, Momentive Performance Materials Inc., Pidilite Industries Ltd., RPM International Inc., Sika AG, Wacker Chemie AG, and Arkema SA and others.

In many emerging and developing countries, regional and local suppliers dominate the market by offering low-cost, highly specialized chemicals for niche applications. However, global corporate expansion is challenging the growth of local and regional providers. The competitive environment in this market is likely to intensify with increasing technological innovation and product development. International players are likely to grow inorganically during the forecast period by acquiring regional or local players. 

Vendor Offerings –

• 3M Co.: The company offers construction chemicals such as General Purpose Adhesive 60 CA, Plastic Adhesive 2262, and Hot Melt Adhesive 3792.
• Akzo Nobel NV: The company offers construction chemicals under the brands Avista, Acratex, and Fosroc.
• Ashland Inc: The company offers construction chemicals such as Luperox Organic Peroxide, Crayvallac coating additives, and Plastic additives.
• Covestro AG: The company offers construction chemicals such as Advantage defoamers, Aqualon starch ethers, and Culminal methylcellulose derivatives.
• For details on the vendors and offerings – Request a sample report

What’s New? –

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!

Global Construction Chemicals Market – Market Dynamics

Key Trends – Rising support for eco-friendly and energy-efficient products is an emerging trend in the market. Over the years, the waterborne coatings market has witnessed continuous innovation. Vendors focus on introducing environmentally friendly products and coatings with functional benefits. Due to the low VOC levels, water-based conformal coatings are replacing solvent-based conformal coatings in the global paint and coatings market. These coatings are tailored to provide benefits such as anti-graffiti and self-cleaning properties. Companies involved in the manufacturing of building products are also launching eco-friendly products to expand their product portfolios. With the growing acceptance of such environmentally friendly building materials, construction chemical manufacturers are increasingly focusing on developing relatively environmentally friendly and legally compliant building materials. Such factors will drive the growth of the construction chemicals market during the forecast period. 

Major challenges – The volatility in raw material prices is a major challenge impeding the market. Fluctuations in raw material prices for the production of construction chemicals such as protective coatings, adhesives, and sealants pose a major challenge to the growth of the global market. The prices of raw materials such as polymers, cellulose, adhesion promoters, titanium dioxide, epoxy resins, and related solvents have fluctuated frequently in recent years. For instance, the price of titanium dioxide (TiO2), one of the key raw materials used in construction additives, increased by around 25% in December 2020. Such factors will hinder market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Construction Chemicals Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the construction chemicals market between 2023 and 2027
• Precise estimation of the construction chemicals market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the construction chemicals market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of construction chemicals market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global construction chemicals market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global construction chemicals market 2017 – 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Non-residential – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Non-residential – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Non-residential – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Non-residential – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Non-residential – Year-over-year growth 2022-2027 (%)

• 6.4 Residential – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Residential – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Residential – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Residential – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Residential – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 43: Chart on Type – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Concrete admixtures – Market size and forecast 2022-2027 
• Exhibit 47: Chart on Concrete admixtures – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Concrete admixtures – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Concrete admixtures – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Concrete admixtures – Year-over-year growth 2022-2027 (%)

• 7.4 Adhesives and sealants – Market size and forecast 2022-2027 
• Exhibit 51: Chart on Adhesives and sealants – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Adhesives and sealants – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Adhesives and sealants – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Adhesives and sealants – Year-over-year growth 2022-2027 (%)

• 7.5 Protective coatings – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Protective coatings – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Protective coatings – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Protective coatings – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Protective coatings – Year-over-year growth 2022-2027 (%)

• 7.6 Asphalt additives – Market size and forecast 2022-2027 
• Exhibit 59: Chart on Asphalt additives – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Asphalt additives – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Asphalt additives – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Asphalt additives – Year-over-year growth 2022-2027 (%)

• 7.7 Others – Market size and forecast 2022-2027 
• Exhibit 63: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Type 
• Exhibit 67: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 81: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 89: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 China – Market size and forecast 2022-2027 
• Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.9 US – Market size and forecast 2022-2027 
• Exhibit 97: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.10 India – Market size and forecast 2022-2027 
• Exhibit 101: Chart on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on India – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027 
• Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 Germany – Market size and forecast 2022-2027 
• Exhibit 109: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 3M Co.
• Exhibit 120: 3M Co. – Overview
• Exhibit 121: 3M Co. – Business segments
• Exhibit 122: 3M Co. – Key offerings
• Exhibit 123: 3M Co. – Segment focus

• 12.4 Akzo Nobel NV
• Exhibit 124: Akzo Nobel NV – Overview
• Exhibit 125: Akzo Nobel NV – Business segments
• Exhibit 126: Akzo Nobel NV – Key news
• Exhibit 127: Akzo Nobel NV – Key offerings
• Exhibit 128: Akzo Nobel NV – Segment focus

• 12.5 Arkema SA
• Exhibit 129: Arkema SA – Overview
• Exhibit 130: Arkema SA – Business segments
• Exhibit 131: Arkema SA – Key news
• Exhibit 132: Arkema SA – Key offerings
• Exhibit 133: Arkema SA – Segment focus

• 12.6 Ashland Inc.
• Exhibit 134: Ashland Inc. – Overview
• Exhibit 135: Ashland Inc. – Business segments
• Exhibit 136: Ashland Inc. – Key news
• Exhibit 137: Ashland Inc. – Key offerings
• Exhibit 138: Ashland Inc. – Segment focus

• 12.7 Covestro AG
• Exhibit 139: Covestro AG – Overview
• Exhibit 140: Covestro AG – Business segments
• Exhibit 141: Covestro AG – Key news
• Exhibit 142: Covestro AG – Key offerings
• Exhibit 143: Covestro AG – Segment focus

• 12.8 Dow Inc.
• Exhibit 144: Dow Inc. – Overview
• Exhibit 145: Dow Inc. – Business segments
• Exhibit 146: Dow Inc. – Key news
• Exhibit 147: Dow Inc. – Key offerings
• Exhibit 148: Dow Inc. – Segment focus

• 12.9 Fosroc International Ltd. 
• Exhibit 149: Fosroc International Ltd. – Overview
• Exhibit 150: Fosroc International Ltd. – Product / Service
• Exhibit 151: Fosroc International Ltd. – Key offerings

• 12.10 GCP Applied Technologies Inc. 
• Exhibit 152: GCP Applied Technologies Inc. – Overview
• Exhibit 153: GCP Applied Technologies Inc. – Business segments
• Exhibit 154: GCP Applied Technologies Inc. – Key news
• Exhibit 155: GCP Applied Technologies Inc. – Key offerings
• Exhibit 156: GCP Applied Technologies Inc. – Segment focus

• 12.11 H.B. Fuller Co.
• Exhibit 157: H.B. Fuller Co. – Overview
• Exhibit 158: H.B. Fuller Co. – Business segments
• Exhibit 159: H.B. Fuller Co. – Key news
• Exhibit 160: H.B. Fuller Co. – Key offerings
• Exhibit 161: H.B. Fuller Co. – Segment focus

• 12.12 Henkel AG and Co. KGaA 
• Exhibit 162: Henkel AG and Co. KGaA – Overview
• Exhibit 163: Henkel AG and Co. KGaA – Business segments
• Exhibit 164: Henkel AG and Co. KGaA – Key news
• Exhibit 165: Henkel AG and Co. KGaA – Key offerings
• Exhibit 166: Henkel AG and Co. KGaA – Segment focus

• 12.13 Lanxess AG
• Exhibit 167: Lanxess AG – Overview
• Exhibit 168: Lanxess AG – Business segments
• Exhibit 169: Lanxess AG – Key offerings
• Exhibit 170: Lanxess AG – Segment focus

• 12.14 Mapei SpA
• Exhibit 171: Mapei SpA – Overview
• Exhibit 172: Mapei SpA – Product / Service
• Exhibit 173: Mapei SpA – Key offerings

• 12.15 Pidilite Industries Ltd. 
• Exhibit 174: Pidilite Industries Ltd. – Overview
• Exhibit 175: Pidilite Industries Ltd. – Business segments
• Exhibit 176: Pidilite Industries Ltd. – Key news
• Exhibit 177: Pidilite Industries Ltd. – Key offerings
• Exhibit 178: Pidilite Industries Ltd. – Segment focus

• 12.16 RPM International Inc. 
• Exhibit 179: RPM International Inc. – Overview
• Exhibit 180: RPM International Inc. – Business segments
• Exhibit 181: RPM International Inc. – Key offerings
• Exhibit 182: RPM International Inc. – Segment focus

• 12.17 Sika AG
• Exhibit 183: Sika AG – Overview
• Exhibit 184: Sika AG – Business segments
• Exhibit 185: Sika AG – Key news
• Exhibit 186: Sika AG – Key offerings
• Exhibit 187: Sika AG – Segment focus

13 Appendix

• 13.2 Inclusions and exclusions checklist 
• Exhibit 188: Inclusions checklist
• Exhibit 189: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 190: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 191: Research methodology
• Exhibit 192: Validation techniques employed for market sizing
• Exhibit 193: Information sources

• 13.5 List of abbreviations 
• Exhibit 194: List of abbreviations

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