Published by mark itwired
Posted on September 24, 2021
3 min readLast updated: February 2, 2026
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The construction chemicals market is set to grow over 5% in 2021, driven by demand in residential and infrastructure projects, with China and India as key markets.
Construction chemical market grew at an average of 3.8% CAGR between 2016 and 2020. According to the research and consulting firm Future Market Insights, sales is expected to expand at over 5% through 2021. Recovery in residential and commercial construction projects and increasing application in coatings, additives, and sealants are set to drive growth in 2021 and beyond.
Increasing demand for construction chemical in the construction and engineering sectors will support the growth of the market through the assessment period. According to the study, recovery in activities in the transport & logistics, and mining sector post pandemic will fuel the demand of construction chemical.
Increasing investment in expansion of smart city infrastructure and urbanization will be the key focus for the construction chemical manufacturers for expansion in UK, Germany, and Western Europe.
Rising demand for concrete admixtures, plasticizers and high levels of reinforcement in public infrastructure projects will accelerate the sales of construction chemicals in the upcoming years.
“Increasing construction chemical applications in maintenance projects, repairing and improving existing infrastructure projects, especially in residential sector to fuel the demand,” remarks the FMI analyst.
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Some of the leading companies operating in construction chemical market profiled by FMI includes GCP Applied Technologies, SIKA AG, The Dow Chemical Co., RPM International Inc., Ashland Inc., MAPEI, Akzo Nobel NV, Arkema SA, Fosroc, Pidilite Industries, Covestro AG, Henkel AG & Co. KGaA, The 3M Company, and Wacker Chemie AG among others. According to the study, the market is moderately consolidated with presence of various players.in regional market. Product expansion and distribution activities carried out among manufacturers to create growth opportunities.
On September 2020, a global leader for construction chemical BASF closed the divestiture of its construction chemicals business to an affiliate of Lone Star, on a price of US$ 3.76 billion for future expansion growth prospects.
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The post Construction Chemicals Market Application, Innovations, Geography and Global Forecast 2021 – 2031 first appeared on Market Research Blog.
The article discusses the growth and forecast of the global construction chemicals market from 2021 to 2031.
Recovery in construction projects, demand for concrete admixtures, and smart city infrastructure investments.
China and India are key markets, with significant growth expected in Europe and North America.
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