Chemical

According to a market report by Lucintel, the future of the construction chemical additive market looks promising with opportunities in the residential, non-residential, and non-building markets. The global construction chemical additive market is expected to reach an estimated $14.8 billion by 2028 with a CAGR of 8.0% from 2023 to 2028. The major drivers for this market are increasing construction activities, along with growing expenditure on the development of tunnels, roads, dams, and bridges in developing nations, and large scale investment in infrastructure and commercial sectors.



In this market, plasticizers, accelerating additives, retarding agents, air-entraining agents, and waterproofing additives are different types of construction chemical additive. Lucintel forecast that accelerating additives will remain the largest type segment over the forecast period because it helps in enhancing the concreteness of chemical properties as well as physical properties, when they are mixed with construction chemicals.



Within this market, non-residential segment is projected to witness the highest growth from 2023 to 2028 due to increasing demand for high-quality public building and increasing government investment in the infrastructure development.



APAC is expected to witness the highest growth during the forecast period due to introduction of new construction projects, growing demand of luxury homes, rising government investment for infrastructure development in countries, such as China, Japan, and India.

BASF SE, Sika AG, RPM International, W.R. Grace & Co., Mapei South Africa, Clariant, Croda International, Evonik Industries, and Fosroc International are the major suppliers in the global construction chemical additive market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global construction chemical additive market by type, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Construction Chemical Additive Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global construction chemical additive market by type, end use industry, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the global construction chemical additive market by type (plasticizers, accelerating additives, retarding agents, air-entraining agents, waterproofing additives, and others), end use industry (residential, non-residential, and non-building), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity did occur in the last five years and how did they impact the industry?