PUBLISHER: The Freedonia Group | PRODUCT CODE: 2104504
PUBLISHER: The Freedonia Group | PRODUCT CODE: 2104504
This Freedonia Group report analyzes the scope, size, and growth of the global construction chemicals industry, including key trends in products and regions. Historical data are provided for 2015, 2019, and 2025 for demand, with forecasts for 2030 and 2035. Data are provided in metric tons and US dollars. Also included is an analysis of key industry players and their global and regional market share.
Global demand for construction chemicals is forecast to rise 4.7% per year to $156 billion in 2030, driven by global increases in building and infrastructure construction activity.
Performance Requirements Drive Market Demand
New building construction, infrastructure investment, and the need to repair and modernize existing assets are affected by regional or local building codes, energy standards, environmental policies, and harsh operating conditions. Construction chemicals are seeing greater use in order to meet these expectations or allow structures to perform at optimal levels. Products that improve durability, moisture control, and thermal performance; make installation more reliable; and are more sustainable will become increasingly popular globally. For example:
Asia/Pacific Recovery Strengthens the Global Outlook
The return of volume growth in the global construction chemicals market depends heavily on the Asia/Pacific region, particularly China. Representing roughly 25% of worldwide demand, China has an outsized influence on market performance. A recovery in residential building construction and repair spending will therefore lift both regional demand and the global forecast following a comparatively weak historical period.
Growth elsewhere in the Asia/Pacific region will be supported by urban expansion, housing needs, transportation and water infrastructure, and investment in advanced manufacturing. Rising construction standards, labor constraints, and greater emphasis on durability and energy efficiency will also increase the use of factory blended mortars, concrete additives, protective coatings, sealants, polymer flooring, and other higher performance systems.
Key Trends