Product Code: BC 5807
The global Construction market size is projected to grow from USD 35.3 billion in 2024 to USD 49.5 billion by 2029, at a CAGR of 7.0% during the forecast period.
Scope of the Report |
Years Considered for the Study | 2021-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD million / USD Billion) and Volume (Kiloton) |
Segments | Type, End-Use Industry, and Region |
Regions covered | North America, Asia Pacific, Europe, Middle East & Africa, and South America |
The construction additives market is growing due to rising population, rapid modernization, and growing investments in infrastructure sector. As the global population expands and countries undergo rapid urbanization, there is an increasing demand for housing, commercial spaces, and infrastructure development, driving the need for advanced construction materials and additives.
By Type, Chemical to account for fastest growing segment
Chemical additives hold the largest share of demand in the construction additives market due to their essential role in enhancing the performance and durability of construction materials. They are widely used in various applications, including residential, commercial, and infrastructure projects, due to their ability to optimize construction processes and ensure the longevity of structures.
By End Use Sector, Residential segment to account for the largest market share during the forecast period
The residential sector is projected to account for the largest market share during the forecast period. This growth is primarily driven by the increasing demand for new housing developments, fueled by population growth and urbanization trends. As more individuals seek quality living spaces, builders are turning to construction additives to enhance the performance and durability of materials used in residential projects.
By Region, APAC to register the highest growth rate during the forecast period
For construction additives, APAC is the leading region. This surge can be attributed to the rapid urbanization and infrastructure development taking place in countries like China, India, and Japan. As these nations invest heavily in building new cities, highways, railways, and other public works projects, the demand for high-performance construction materials and additives is incerasing rapidly.
By Company: Tier1: 40%, Tier 2: 25%, Tier3: 4: 35%
By Designation: C-Level: 35%, Director Level: 30%, Others: 35%
By Region: North America: 25%, Europe: 20%, Asia Pacific: 45%, South America: 5%, and Middle East & Africa: 5%.
Companies Covered:
Sika AG (Switzerland), Saint-Gobain S.A. (France), MAPEI S.p.A. (Italy), Dow (US), and BASF (Germany), RPM International (US), Evonik Industries (Germany), W. R. Grace and Co. (US), CICO Group (India) and others are covered in the Construction Additives market.
Research Coverage
The market study covers the Construction Additives market across various segments. It aims to estimate the market size and the growth potential of this market across different segments based on grade, form, end-use sector, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the Construction Additives market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall Construction Additives market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rapid urbanization and infrastructure development), restraints (price volatility of raw materials), opportunities (incorporation of new technologies such as nanotechnology), and challenges (established infrastructure in developed countries) influencing the growth of the construction additives market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Construction Additives market
- Market Development: Comprehensive information about profitable markets - the report analyses the Construction Additives market across varied regions
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Construction Additives market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like as Sika AG (Switzerland), Saint-Gobain S.A. (France), MAPEI S.p.A. (Italy), Dow (US), and BASF (Germany), RPM International (US), Evonik Industries (Germany), W. R. Grace and Co. (US), CICO Group (India) and among others in the construction additives market. The report also helps stakeholders understand the pulse of the construction additives market and provides them with information on key market drivers, restraints, challenges, and opportunities
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.2.1 INCLUSIONS AND EXCLUSIONS
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION
- 1.4 YEARS CONSIDERED
- 1.5 CURRENCY CONSIDERED
- 1.6 UNITS CONSIDERED
- 1.7 LIMITATIONS
- 1.8 MARKET STAKEHOLDERS
- 1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key primary participants
- 2.1.2.2 Breakdown of interviews with experts
- 2.1.2.3 Key industry insights
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 TOP-DOWN APPROACH
- 2.2.2 BOTTOM-UP APPROACH
- 2.3 BASE NUMBER CALCULATION
- 2.3.1 DEMAND-SIDE APPROACH
- 2.3.2 SUPPLY-SIDE APPROACH
- 2.4 GROWTH FORECAST
- 2.4.1 SUPPLY SIDE
- 2.4.2 DEMAND SIDE
- 2.5 DATA TRIANGULATION
- 2.6 RESEARCH ASSUMPTIONS
- 2.7 FACTOR ANALYSIS
- 2.8 RESEARCH LIMITATIONS
- 2.9 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CONSTRUCTION ADDITIVES MARKET
- 4.2 CONSTRUCTION ADDITIVES MARKET, BY TYPE
- 4.3 CONSTRUCTION ADDITIVES MARKET, BY END-USE SECTOR
- 4.4 ASIA PACIFIC: CONSTRUCTION ADDITIVES MARKET, BY TYPE AND COUNTRY (2023)
- 4.5 CONSTRUCTION ADDITIVES MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Rapid urbanization and infrastructural development
- 5.2.1.2 Ability of construction additives to improve output
- 5.2.1.3 Growing focus on sustainable development
- 5.2.2 RESTRAINTS
- 5.2.2.1 Fluctuations in raw material pricing
- 5.2.2.2 Stringent government & environmental regulations
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Expanding applications of ready-mix-concrete (RMC) in emerging markets
- 5.2.4 CHALLENGES
- 5.2.4.1 High investment requirements
- 5.2.4.2 Inadequate technical expertise and limited R&D support
6 INDUSTRY TRENDS
- 6.1 PORTER'S FIVE FORCES ANALYSIS
- 6.1.1 BARGAINING POWER OF SUPPLIERS
- 6.1.2 BARGAINING POWER OF BUYERS
- 6.1.3 INTENSITY OF COMPETITIVE RIVALRY
- 6.1.4 THREAT OF NEW ENTRANTS
- 6.1.5 THREAT OF SUBSTITUTES
- 6.2 VALUE CHAIN ANALYSIS
- 6.3 ECOSYSTEM ANALYSIS
- 6.4 TRADE ANALYSIS
- 6.5 TECHNOLOGY ANALYSIS
- 6.5.1 KEY TECHNOLOGIES
- 6.5.1.1 Nanotechnology
- 6.5.1.2 Eco-friendly construction additives
- 6.5.1.3 High-performance concrete additives
- 6.5.2 COMPLEMENTARY TECHNOLOGIES
- 6.5.2.1 Digital technologies
- 6.5.2.2 3D printing
- 6.6 IMPACT OF GEN AI ON CONSTRUCTION ADDITIVES MARKET
- 6.7 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
- 6.8 REGULATORY ANALYSIS
- 6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 6.9 PRICING ANALYSIS
- 6.9.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
- 6.9.2 PRICING ANALYSIS, BY REGION
- 6.10 PATENT ANALYSIS
- 6.10.1 METHODOLOGY
- 6.10.2 PATENT ANALYSIS (2014-2023)
- 6.11 KEY CONFERENCES & EVENTS, 2024-2025
- 6.12 KEY STAKEHOLDERS & BUYING CRITERIA
- 6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 6.12.2 BUYING CRITERIA
- 6.13 MACROECONOMIC ANALYSIS
- 6.14 INVESTMENT & FUNDING SCENARIO
- 6.14.1 INVESTMENT & FUNDING SCENARIO FOR HOME IMPROVEMENT SERVICES
- 6.15 CASE STUDY ANALYSIS
- 6.15.1 OPTIMIZING SAND RESOURCES IN CONCRETE FORMULATION WITH CHRYSOQUAD 870
- 6.15.2 FOSROC'S INNOVATIVE SOLUTION ENHANCES IZAN TERMINAL DREDGING BACKFILL PROJECT IN SAUDI ARABIA
- 6.15.3 SUSTAINABLE CONCRETE SOLUTIONS TRANSFORMING LONDON'S SUPER SEWER PROJECT
7 CONSTRUCTION ADDITIVES MARKET, BY TYPE
- 7.1 INTRODUCTION
- 7.2 MINERAL ADDITIVES
- 7.2.1 GROWING DEMAND FOR SUSTAINABLE CONSTRUCTION PRACTICES TO DRIVE MARKET
- 7.3 CHEMICAL ADDITIVES
- 7.3.1 PLASTICIZERS
- 7.3.1.1 Wide adoption in complex structures to drive market
- 7.3.2 ACCELERATING ADDITIVES
- 7.3.2.1 Rapid setting time in extreme weather conditions to boost demand
- 7.3.3 RETARDING AGENTS
- 7.3.3.1 Ability to delay setting time for complex projects to fuel uptake
- 7.3.4 AIR-ENTRAINING AGENTS
- 7.3.4.1 Ability to enhance concrete durability to drive market
- 7.3.5 WATERPROOFING ADDITIVES
- 7.3.5.1 Enhanced protection against water damage to support market growth
- 7.3.6 OTHER CHEMICAL ADDITIVES
- 7.4 FIBER ADDITIVES
- 7.4.1 UPTAKE OF HYDRAULIC CEMENT AND DISCRETE REINFORCING FIBERS TO FUEL MARKET
8 CONSTRUCTION ADDITIVES MARKET, BY END-USE SECTOR
- 8.1 INTRODUCTION
- 8.2 RESIDENTIAL SECTOR
- 8.2.1 INCREASING POPULATION AND RISE IN HOUSING PROJECTS TO PROPEL MARKET
- 8.3 COMMERCIAL SECTOR
- 8.3.1 SURGE IN CONSTRUCTION ACTIVITIES TO SUPPORT MARKET GROWTH
- 8.4 INFRASTRUCTURE SECTOR
- 8.4.1 INCREASING FOCUS OF INDUSTRIALIZATION IN EMERGING ECONOMIES TO BOOST DEMAND
9 CONSTRUCTION ADDITIVES MARKET, BY REGION
- 9.1 INTRODUCTION
- 9.2 ASIA PACIFIC
- 9.2.1 CHINA
- 9.2.1.1 Integration of advanced technologies in infrastructure projects to boost demand
- 9.2.2 INDIA
- 9.2.2.1 Increasing urbanization projects and high investments in infrastructure sector to propel market
- 9.2.3 JAPAN
- 9.2.3.1 Gradual shift towards sustainable practices to fuel uptake
- 9.2.4 SOUTH KOREA
- 9.2.4.1 Growth in real-estate sector to boost demand
- 9.2.5 INDONESIA
- 9.2.5.1 Rising uptake of cement and retarding agents to support market growth
- 9.2.6 REST OF ASIA PACIFIC
- 9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.1.1 Favorable government initiatives for carbon-neutral projects to drive market
- 9.3.2 FRANCE
- 9.3.2.1 Implementation of sustainability regulations to fuel uptake
- 9.3.3 UK
- 9.3.3.1 Growing focus on refurbished projects to drive market
- 9.3.4 ITALY
- 9.3.4.1 Growing need for renovation to drive market
- 9.3.5 SPAIN
- 9.3.5.1 Increasing investments in road & railway projects to support market growth
- 9.3.6 TURKEY
- 9.3.6.1 High export rates for cement to fuel uptake
- 9.3.7 REST OF EUROPE
- 9.4 NORTH AMERICA
- 9.4.1 US
- 9.4.1.1 Increasing investments in manufacturing & advanced infrastructural projects to drive market
- 9.4.2 CANADA
- 9.4.2.1 Increasing project investments for residential construction to boost demand
- 9.4.3 MEXICO
- 9.4.3.1 Rising demand for advanced construction materials to support market growth
- 9.5 SOUTH AMERICA
- 9.5.1 BRAZIL
- 9.5.1.1 Government investments in public & private infrastructure to drive market
- 9.5.2 ARGENTINA
- 9.5.2.1 Consumer awareness and demand for quality construction materials to drive market
- 9.5.3 REST OF SOUTH AMERICA
- 9.6 MIDDLE EAST & AFRICA
- 9.6.1 GCC COUNTRIES
- 9.6.1.1 Saudi Arabia
- 9.6.1.1.1 Improvements in infrastructure to drive market
- 9.6.1.2 United arab emirates (UAE)
- 9.6.1.2.1 Increasing focus on energy & infrastructure development to drive market
- 9.6.1.3 Rest of GCC countries
- 9.6.2 SOUTH AFRICA
- 9.6.2.1 Growing investments in mining & manufacturing to fuel uptake
- 9.6.3 REST OF MIDDLE EAST & AFRICA
10 COMPETITIVE LANDSCAPE
- 10.1 OVERVIEW
- 10.2 KEY PLAYER STRATEGY/RIGHT TO WIN
- 10.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN CONSTRUCTION ADDITIVES MARKET
- 10.3 REVENUE ANALYSIS (2019-2023)
- 10.4 MARKET SHARE ANALYSIS (2023)
- 10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 10.5.1 STARS
- 10.5.2 EMERGING LEADERS
- 10.5.3 PERVASIVE PLAYERS
- 10.5.4 PARTICIPANT PLAYERS
- 10.5.5 COMPANY FOOTPRINT
- 10.5.5.1 Type footprint
- 10.5.5.2 End-use sector footprint
- 10.5.5.3 Region footprint
- 10.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
- 10.6.1 PROGRESSIVE COMPANIES
- 10.6.2 RESPONSIVE COMPANIES
- 10.6.3 DYNAMIC COMPANIES
- 10.6.4 STARTING BLOCKS
- 10.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
- 10.7 COMPANY VALUATION & FINANCIAL METRICS
- 10.7.1 COMPANY VALUATION
- 10.7.2 FINANCIAL METRICS
- 10.8 BRAND/PRODUCT COMPARISON
- 10.9 COMPETITIVE SCENARIO
- 10.9.1 PRODUCT LAUNCHES
- 10.9.2 DEALS
- 10.9.3 EXPANSIONS
- 10.9.4 OTHER DEVELOPMENTS
11 COMPANY PROFILES
- 11.1 KEY PLAYERS
- 11.1.1 SIKA AG
- 11.1.1.1 Business overview
- 11.1.1.2 Products offered
- 11.1.1.3 Recent developments
- 11.1.1.3.1 Deals
- 11.1.1.3.2 Expansions
- 11.1.1.4 MnM view
- 11.1.1.4.1 Key strengths
- 11.1.1.4.2 Strategic choices
- 11.1.1.4.3 Weaknesses & competitive threats
- 11.1.2 DOW
- 11.1.2.1 Business overview
- 11.1.2.2 Products offered
- 11.1.2.3 Recent developments
- 11.1.2.3.1 Product launches
- 11.1.2.3.2 Expansions
- 11.1.2.4 MnM view
- 11.1.2.4.1 Key strengths
- 11.1.2.4.2 Strategic choices
- 11.1.2.4.3 Weaknesses & competitive threats
- 11.1.3 RPM INTERNATIONAL INC.
- 11.1.3.1 Business overview
- 11.1.3.2 Products offered
- 11.1.3.3 Recent developments
- 11.1.3.4 MnM view
- 11.1.3.4.1 Key strengths
- 11.1.3.4.2 Strategic choices
- 11.1.3.4.3 Weaknesses & competitive threats
- 11.1.4 SAINT-GOBAIN
- 11.1.4.1 Business overview
- 11.1.4.2 Products offered
- 11.1.4.3 Recent developments
- 11.1.4.4 MnM view
- 11.1.4.4.1 Key strengths
- 11.1.4.4.2 Strategic choices
- 11.1.4.4.3 Weaknesses & competitive threats
- 11.1.5 MAPEI, S.P.A.
- 11.1.5.1 Business overview
- 11.1.5.2 Products offered
- 11.1.5.3 Recent developments
- 11.1.5.3.1 Product launches
- 11.1.5.3.2 Deals
- 11.1.5.4 Recent developments
- 11.1.5.5 MnM view
- 11.1.5.5.1 Key strengths
- 11.1.5.5.2 Strategic choices
- 11.1.5.5.3 Weaknesses & competitive threats
- 11.1.6 EVONIK INDUSTRIES AG
- 11.1.6.1 Business overview
- 11.1.6.2 Products offered
- 11.1.6.3 Recent developments
- 11.1.6.3.1 Other developments
- 11.1.6.4 MnM view
- 11.1.7 BASF
- 11.1.7.1 Business overview
- 11.1.7.2 Products offered
- 11.1.7.3 Recent developments
- 11.1.7.3.1 Product launches
- 11.1.7.3.2 Expansions
- 11.1.7.3.3 Other developments
- 11.1.7.4 MnM view
- 11.1.8 W. R. GRACE & CO.
- 11.1.8.1 Business overview
- 11.1.8.2 Products offered
- 11.1.8.3 Recent developments
- 11.1.9 CICO GROUP
- 11.1.9.1 Business overview
- 11.1.9.2 Products offered
- 11.1.9.3 MnM view
- 11.1.10 ARKEMA
- 11.1.10.1 Business overview
- 11.1.10.2 Products offered
- 11.1.10.3 Recent developments
- 11.1.10.3.1 Deals
- 11.1.10.3.2 Expansions
- 11.1.10.4 MnM view
- 11.2 OTHER PLAYERS
- 11.2.1 CEMEX S.A.B. DE C.V.
- 11.2.2 XYPEX CHEMICAL CORPORATION
- 11.2.3 ELEMENTIS PLC
- 11.2.4 FRITZ-PAK CORPORATION
- 11.2.5 PAC TECHNOLOGIES LLC
- 11.2.6 ATPL GROUP
- 11.2.7 CONCRETE ADDITIVES AND CHEMICALS PVT. LTD.
- 11.2.8 CHEMATE TECHNOLOGY CO., LTD.
- 11.2.9 BEROLAN GMBH
- 11.2.10 ECMAS GROUP
- 11.2.11 NIPPON SHOKUBAI CO., LTD.
- 11.2.12 YUANWANG GROUP
- 11.2.13 MUHU (CHINA) CONSTRUCTION MATERIALS CO., LTD.
- 11.2.14 RHEIN-CHEMOTECHNIK GMBH
- 11.2.15 CEMEX, S.A.B. DE C.V.
- 11.2.16 CHEMBOND CHEMICALS LIMITED
12 ADJACENT & RELATED MARKETS
- 12.1 INTRODUCTION
- 12.2 LIMITATIONS
- 12.2.1 CONCRETE ADMIXTURES MARKET
- 12.2.1.1 Market definition
- 12.2.1.2 Concrete admixtures market, by product type
- 12.2.1.3 Concrete admixtures market, by application
- 12.2.1.4 Concrete admixtures market, by region
- 12.2.2 ASPHALT ADDITIVES MARKET
- 12.2.2.1 Market definition
- 12.2.2.2 Asphalt additives market, by type
- 12.2.2.3 Asphalt additives market, by application
- 12.2.2.4 Asphalt additives market, by technology
- 12.2.2.5 Asphalt additives market, by region
13 APPENDIX
- 13.1 DISCUSSION GUIDE
- 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 13.3 CUSTOMIZATION OPTIONS
- 13.4 RELATED REPORTS
- 13.5 AUTHOR DETAILS