The global construction chemicals market size was US$ 49.9 billion in 2021. The global construction chemicals market is forecast to grow to US$ 89.1 billion by 2030, registering a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030. 

Construction chemicals are used in construction activities to establish sustainable infrastructure. It increases the durability of the buildings and adds fortification from environmental hazards. 

Factors Influencing the Market

• The increasing number of construction activities globally is forecast to fuel market growth. In addition, rising government initiatives to boost infrastructure growth are forecast to benefit the global construction chemicals market during the study period. 
• Increasing urbanization and rising disposable income are forecast to offer ample growth opportunities for the market players during the study period. 
• An increasing number of partnerships and acquisitions will be beneficial for the global construction chemicals market. In June 2021, RPM International Inc's Carboline subsidiary acquired Dudick Inc. In addition, Sika AG purchased Modern Waterproofing Group in 2020. This acquisition aims to expand the company's product portfolio. To increase their market share, key players in this market are pursuing expansion and acquisition as key business strategies. In 2016, Arkema SA increased Bostik Smart Adhesives production capacity in Malaysia to cater to the demands of the public for cementitious products.
• Strict regulations may hamper the growth of the global construction chemicals market during the study period. 

COVID-19 Impact Analysis

The global construction chemical market was negatively impacted during the COVID-19 pandemic. Due to the government-imposed restrictions in several countries, construction work was ceased all over the world. In addition, the major contributors in the market, such as India, China, the United States, and European nations, witnessed a significant impact of the pandemic. Thus, all of this hampered the growth of the global construction chemical market. 

Regional Analysis

The Asia-Pacific construction sector is the largest in the world and is expanding at a healthy rate due to rising population and urbanization. Increasing initiatives from governments to boost the infrastructural growth are forecast to benefit the regional market. 

China's construction industry is emerging as the largest market due to the central government's push for infrastructure investments. China leads the APAC market, accounting for the maximum share in the global construction chemicals. In addition, the construction activities in India are forecast to rise significantly. As a result, it will fuel the demand for construction chemicals during the study period. 

Competitors in the Market

• Arkema
• Ashland
• BASF SE
• Bolton Group
• Cemetaid (N.S.W.) Pty Ltd
• Chryso SAS
• CICO Group
• Conmix Ltd
• Dow
• Fosroc Inc.
• Franklin International
• GCP Applied Technologies Inc.
• Henkel AG & Co. KGaA
• LafargeHolcim
• MAPEI
• MUHU (China) Construction Materials Co., Ltd.
• Nouryon
• Pidilite Industries Ltd.
• RPM International Inc.
• Grupa Selena
• Sika AG
• Thermax Limited
• Other Prominent Players

Market Segmentation

By Type

• Concrete Admixture and Cement Grinding Aids
• Surface Treatment
• Repair and Rehabilitation
• Protective Coatings
• Industrial Flooring
• Waterproofing
• Adhesive and Sealants
• Grout and Anchor

By End-use

• Residential
• Industrial/Commercial
• Infrastructure
• Repair Structures

On the basis of Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America