The construction chemicals and materials market is expected to grow from US$ 261.66 billion in 2022 to US$ 480.5 billion by 2030; it is expected to register a CAGR of 7.9% from 2022 to 2030.
Construction chemicals and materials are the essential building blocks and specialized additives that underpin the entire construction industry. Construction materials encompass familiar substances like concrete, steel, and wood, which form the structural skeleton of buildings and infrastructure. These materials are chosen for their strength, durability, and versatility. The collaboration between construction chemicals and materials is akin to a symphony where each instrument plays its part in creating a harmonious and enduring composition.
Industrial structures often need to withstand extreme conditions and heavy usage. Construction chemicals such as high-performance concrete admixtures, corrosion-resistant coatings, and industrial flooring systems are utilized to ensure durability and longevity. Construction chemicals and materials are designed to withstand exposure to harsh chemicals, high temperatures, and heavy machinery, providing the structural integrity necessary for industrial facilities. In addition, safety is paramount in industrial construction. Chemicals and materials that enhance safety are widely used for industrial buildings. Fireproofing materials, explosion-proof coatings, and structural reinforcements are incorporated to mitigate risks associated with industrial processes. These measures help protect the workforce and valuable equipment, complying with strict safety standards and regulations. Furthermore, efficiency and productivity are essential in industrial settings. Construction chemicals and materials are employed to optimize operations. Industrial insulation, thermal barrier coating, and advanced HVAC systems contribute to energy efficiency and cost savings, which further drive the construction chemicals and materials market growth. Additionally, specialized materials such as high-strength steel, reinforced concrete, and anti-slip flooring are used to meet the specific needs of manufacturing processes and heavy machinery. Furthermore, expansion in the commercial sector with the increase in per capita income in developing countries accelerates commercial construction activities. In commercial construction, construction chemicals and materials are added to increase strength and corrosion resistance, and they also bring down the cement and water volume consumed during the construction process. Moreover, the adoption of construction chemicals and materials in commercial buildings enhances the performance of buildings. These factors are expected to drive the construction chemicals and materials market growth.
Construction chemicals and materials play a crucial role in infrastructure construction, facilitating the development of essential transportation, communication, and utility networks. Several key factors, including the need for durability, longevity, and safety in infrastructure projects, drive the use of these materials. Infrastructure projects such as bridges, roads, dams, and tunnels require materials that can withstand harsh environmental conditions. High-strength concrete, corrosion-resistant steel, and advanced asphalt mixes are commonly used to ensure these critical assets' longevity and structural integrity. Construction chemicals such as waterproofing agents and rust inhibitors are employed to protect against water intrusion and corrosion, reducing maintenance and repair costs over the long term. All these factors are driving the construction chemicals and materials market growth.
A few key players operating in the construction chemicals and materials market are Nova Steel Corp, Sanbor Plastik ve İnsaat San Tic Ltd Sti, Knauf Gips KG, Masdar Building Materials, Madar Building Materials LLC, Akcansa Cimento Sanayi ve Ticaret AS, Limak Cement, AKFA Group, Artikul Aziya Kabel LLC, and Gilan Holding. Players operating in the construction chemicals and materials market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall construction chemicals and materials market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the construction chemicals and materials market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants, such as valuation experts, research analysts, and key opinion leaders - specializing in the construction chemicals and materials market.
Construction chemicals and materials are the essential building blocks and specialized additives that underpin the entire construction industry. Construction materials encompass familiar substances like concrete, steel, and wood, which form the structural skeleton of buildings and infrastructure. These materials are chosen for their strength, durability, and versatility. The collaboration between construction chemicals and materials is akin to a symphony where each instrument plays its part in creating a harmonious and enduring composition.
Industrial structures often need to withstand extreme conditions and heavy usage. Construction chemicals such as high-performance concrete admixtures, corrosion-resistant coatings, and industrial flooring systems are utilized to ensure durability and longevity. Construction chemicals and materials are designed to withstand exposure to harsh chemicals, high temperatures, and heavy machinery, providing the structural integrity necessary for industrial facilities. In addition, safety is paramount in industrial construction. Chemicals and materials that enhance safety are widely used for industrial buildings. Fireproofing materials, explosion-proof coatings, and structural reinforcements are incorporated to mitigate risks associated with industrial processes. These measures help protect the workforce and valuable equipment, complying with strict safety standards and regulations. Furthermore, efficiency and productivity are essential in industrial settings. Construction chemicals and materials are employed to optimize operations. Industrial insulation, thermal barrier coating, and advanced HVAC systems contribute to energy efficiency and cost savings, which further drive the construction chemicals and materials market growth. Additionally, specialized materials such as high-strength steel, reinforced concrete, and anti-slip flooring are used to meet the specific needs of manufacturing processes and heavy machinery. Furthermore, expansion in the commercial sector with the increase in per capita income in developing countries accelerates commercial construction activities. In commercial construction, construction chemicals and materials are added to increase strength and corrosion resistance, and they also bring down the cement and water volume consumed during the construction process. Moreover, the adoption of construction chemicals and materials in commercial buildings enhances the performance of buildings. These factors are expected to drive the construction chemicals and materials market growth.
Construction chemicals and materials play a crucial role in infrastructure construction, facilitating the development of essential transportation, communication, and utility networks. Several key factors, including the need for durability, longevity, and safety in infrastructure projects, drive the use of these materials. Infrastructure projects such as bridges, roads, dams, and tunnels require materials that can withstand harsh environmental conditions. High-strength concrete, corrosion-resistant steel, and advanced asphalt mixes are commonly used to ensure these critical assets' longevity and structural integrity. Construction chemicals such as waterproofing agents and rust inhibitors are employed to protect against water intrusion and corrosion, reducing maintenance and repair costs over the long term. All these factors are driving the construction chemicals and materials market growth.
A few key players operating in the construction chemicals and materials market are Nova Steel Corp, Sanbor Plastik ve İnsaat San Tic Ltd Sti, Knauf Gips KG, Masdar Building Materials, Madar Building Materials LLC, Akcansa Cimento Sanayi ve Ticaret AS, Limak Cement, AKFA Group, Artikul Aziya Kabel LLC, and Gilan Holding. Players operating in the construction chemicals and materials market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall construction chemicals and materials market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the construction chemicals and materials market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants, such as valuation experts, research analysts, and key opinion leaders - specializing in the construction chemicals and materials market.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. APAC, MEA, and SAM Construction Chemicals and Materials Market Landscape
5. APAC, MEA, and SAM Construction Chemicals and Materials Market - Key Market Dynamics
6. APAC, MEA, and SAM Construction Chemicals and Materials Market - APAC, MEA, and SAM Market Analysis
7. APAC, MEA, and SAM Construction Chemicals and Materials Market Analysis - Product Type
8. APAC, MEA, and SAM Construction Chemicals and Materials Market Analysis - End Use Industry
9. APAC, MEA, and SAM Construction Chemicals and Materials Market - Geographical Analysis
10. Impact of COVID-19 Pandemic on APAC, MEA, and SAM Construction Chemicals and Materials Market
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- Nova Steel Corp
- Sanbor Plastik vensaat San Tic Ltd Sti
- Knauf Gips KG
- Masdar Building Materials
- Madar Building Materials LLC
- Akcansa Cimento Sanayi ve Ticaret AS
- Limak Cement
- AKFA Group
- Artikul Aziya Kabel LLC
- Gilan Holding
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 230 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value in 2022 | 261.66 Billion |
| Forecasted Market Value by 2030 | 480.5 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Africa, Asia Pacific, Middle East |
| No. of Companies Mentioned | 10 |
