Construction Chemicals Market 2024: Growth, Trends, Analysis, Forecast 2033

"The new report published by The Business Research Company, titled ""Construction Chemicals Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the construction chemicals market size has grown strongly in recent years. It will grow from $48.96 billion in 2023 to $53.73 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The construction chemicals market size is expected to see strong growth in the next few years. It will grow to $77.77 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.

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Rising Global Construction Demands Fuel Growth In Construction Chemicals Market
The increasing demand in construction significantly contributes to the growth of the construction chemicals market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structures. Construction chemicals help in the elimination of abrasions and the strengthening of bonds, extending the life of buildings. For instance, according to the FMI Corporation, a US-based management consulting company, in comparison to 2021, engineering and construction investment will increase by 5% in 2022. Major countries contributing to this growth are China, India, and the USA. Therefore, the increase in construction is expected to propel the construction chemicals market growth.

Strategic Partnerships Reshaping The Construction Chemicals Landscape
Strategic partnerships have emerged as a key trend gaining popularity in the construction chemicals market. Major companies operating in the construction chemicals sector are focused on partnerships to strengthen their position. For instance, in January 2021, Nippon Paint, a Japan-based paint manufacturer, partnered with Choksey Chemicals, an Indian manufacturer of construction chemicals. Through this partnership, Choksey Chemicals will manufacture and supply waterproofing and sealant grades for Nippon Paint in India. Furthermore, in May 2022, Pidilite Industries Limited, an Indian-based adhesives manufacturing company partnered with GCP Applied Technologies, a US-based provider of construction products. With the partnership, Pidilite will provide high-performance waterproofing solutions for difficult sites with high temperature variations and water tables, under the brand Dr.Fixit.

The construction chemicals market covered in this report is segmented -
1) By Type: Concrete Admixtures, Waterproofing and Roofing, Repair, Flooring, Sealants and Adhesives, Other Types
2) By End-User: Commercial, Industrial, Infrastructure and Public Places, Residential, Public Space

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Major companies operating in the construction chemicals market report are Koch Industries Inc., BASF SE, The Dow Chemical Company, Saint-Gobain, Master Builders Solutions, Imperial Brands PLC, 3M Company, HOLCIM, Henkel AG & Co. KGaA, Densified Inc., Cemex S.A.B. de C.V., Arkema S.A., AkzoNobel N.V., Wacker Chemie AG, RPM International Inc., Etex Group, Chembond Chemicals Limited, Bostik S.A., Ashland Global Specialty Chemicals Inc., MBCC Group, W. R. Grace and Company, Sika AG, Pidilite Industries Limited, CICO Group, Fosroc International Limited, Mapei S.p.A., ACC Limited, Cera-Chem Pvt. Ltd., Flowcrete Group Ltd., SWC Brother Company Limited

Contents of the report:
1. Executive Summary
2. Construction Chemicals Market Report Structure
3. Construction Chemicals Market Trends And Strategies
4. Construction Chemicals Market - Macro Economic Scenario
5. Construction Chemicals Market Size And Growth
…..
27. Construction Chemicals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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