Construction Chemicals Industry is Expected to Reach $ 83.2 Billion by 2031 - 3M, Arkema SA, BASF SE, Bolton Group

Global Construction Chemicals Market reached US$ 53.0 billion in 2023 and is expected to reach US$ 83.2 billion by 2031, growing with a CAGR of 5.8% during the forecast period 2024-2031.

Urban revitalization projects are key drivers of future global market growth, as many cities shift from car-centric infrastructure to enhancing urban spaces. This redevelopment boosts commercial and residential real estate development. However, high inflation and rising energy costs in Western Europe are slowing construction, potentially impacting Asian chemical producers reliant on exports, and contributing to a short-term global market slowdown.

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Market Trends:

Rapid urbanization and migration to cities in Asia-Pacific, along with stable economic growth, have driven demand for improved urban infrastructure. Eased financing regulations and increased public investment have fueled a boom in residential and commercial construction. Projects like residential complexes, office parks, and mass transit systems are key priorities, boosting the global construction chemicals market.

Segment Covered in the Construction Chemicals Market:

By Type: Concrete Admixtures, Protecting Coatings, Adhesives & Sealants, Lubricants, Industrial Flooring, Waterproofing Agents, Grinding Aids, Others
By End-User: Residential, Commercial, Industrial, Infrastructure

Regional Analysis:

The global Construction Chemicals Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Construction Chemicals Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Construction Chemicals Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Top Major Key Players
• 3M
• Arkema SA
• BASF SE
• Bolton Group
• Akzo Nobel N.V.
• Albemarle Corporation
• DuPont
• Fosroc, Inc.
• W. R. Grace & Co
• Henkel AG & Co. KGaA

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