United States Construction Chemicals Market Growth, Size, Trends, Revenue and Future Outlook
United States Construction Chemicals Market Size- By Product Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: CHEM2414 | Pages: 1 - 103 | Formats*: |
| Category : Chemical & Materials | |||
United States Construction Chemicals Market Introduction and Overview
According to SPER Market Research, the United States Construction Chemicals Market is estimated to reach USD 25219.08 million by 2033 with a CAGR of 7.26%.
The report includes an in-depth analysis of the United States Construction Chemicals Market, including market size and trends, product mix, distribution channels, and supplier analysis. Chemical compounds that are specifically designed to alter the characteristics of different building materials are known as construction chemicals. To improve their current qualities and maintain the construction, they are combined with cement, concrete, mortar, and other materials. Adhesives, sealants, waterproofing agents, protective coatings, asphalt modifiers, and concrete admixtures are a few frequently used construction chemicals. They are produced with the use of waxes, solvents, and natural and synthetic resins. They come in versions that are based on oil, resin, water, or organic compounds. In addition to improving resistance to mold, salts, and chlorides, they also improve heat reflectance, moisture retention, sound insulation, tensile, flexural, and bonds strength. Their extensive usage in the building of residential, commercial, and infrastructure structures is the consequence of this.
- The acquisition of Brett Admixtures, a company that produces liquid concrete admixtures and mainly supplies the upper Midwest of the United States, was announced in November 2020 by Euclid Chemical, a division of RPM International Inc.
- CHRYSO and Solidia worked together in September 2020 to implement ultra-low CO2 concrete. Using their combined chemical expertise, the two companies worked together to enhance Solidia ultra-low CO2 concrete's material properties and sustainability performance.
Market Opportunities and Challenges
Opportunities: It is anticipated that the waterproofing solutions segment will dominate the market. In order to prevent leaks and seepages, waterproofing chemicals are used to delay the deterioration of buildings and other concrete-made infrastructure. These substances prevent blistering and adhesion failures by sticking to all kinds of surfaces with extreme ease and letting trapped water (vapor) escape. When exposed to fire, they don't release any harmful or flammable vapors or smoke.
Furthermore, the construction industry's residential application segment is seeing a rise in demand for construction chemicals due to falling housing costs and accelerating urbanization in several developing nations, including China and India. Additionally, during the course of the forecast period, more government initiatives supporting infrastructure and Public-Private Partnerships (PPP) are anticipated to spur the growth of the construction chemicals market.
Challenges: There are various challenges that the US construction chemicals market must overcome to maintain its growth and dynamics. The growing environmental concerns and regulatory scrutiny surrounding the use of specific chemicals in construction pose a major challenge. The growing importance of sustainability in the industry puts manufacturers under pressure to create and implement environmentally friendly substitutes, which drives up the cost of research and development. The building industry is also very cyclical and susceptible to changes in the economy. Economic downturns may lead to a decline in building activity, which will affect the market for construction chemicals. The market is also impacted by the fluctuation in raw material prices, which has an impact on industry participants' profit margins and production costs.
Market Competitive Landscape
The top five companies in the US construction chemicals market hold a combined share of 45%–47%, indicating some degree of market consolidation. The MBCC Group, Sika AG, Dow, RPM International Inc., and Mapei SpA are some of the leading companies in the market under investigation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By End User |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | 3M, Arkema Group, Ashland, Chryso SAS, Dow, DuPont, Franklin International, Inc., GCP Applied Technologies, Holcim, Krete Industries Inc., MAPEI SpA, MBCC Group, Pidilite Industries Ltd, RPM International Inc., Sika AG, Others |
COVID-19 Impact on United States Construction Chemicals Market
One of the sectors that the COVID-19 pandemic has severely damaged is the construction industry. In 2020, a number of projects were put on hold due to financial constraints, a labor shortage, and lockdown laws. An outflow of migrant laborers, commonly referred to as informal sector workers, caused havoc on the supply chain as a result of an interstate travel ban. As a result, there was a decline in both supply and demand for construction materials. Because of all these factors, the COVID-19 pandemic is having a negative impact on the construction chemicals market.
Key Target Audience:
- Construction Companies and Contractors
- Architects and Designers
- Builders and Contractors
- Building Owners and Developers
- Manufacturers and Suppliers
Our in-depth analysis of the United States Construction Chemicals Market includes the following segments:
| By Product Type: |
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| By End User: |
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Key Topics Covered in the Report:
- United States Construction Chemicals Market Size (FY’2023-FY’2033)
- Overview of United States Construction Chemicals Market
- Segmentation of United States Construction Chemicals Market By Product Type (Concrete Admixture and Cement Grinding Aids, Surface Treatment, Repair and Rehabilitations, Protective Coatings, Industrial Flooring, Waterproofing Solutions, Adhesive and Sealants, Grouts and Anchors)
- Segmentation of United States Construction Chemicals Market By End User (Commercial, Industrial, Infrastructure, Residential, Others)
- Expansion Analysis of United States Construction Chemicals Market
- Problems and Obstacles in United States Construction Chemicals Market
- Competitive Landscape in the United States Construction Chemicals Market
- Impact of COVID-19 and Demonetization on United States Construction Chemicals Market
- Details on Current Investment in United States Construction Chemicals Market
- Competitive Analysis of United States Construction Chemicals Market
- Prominent Players in the United States Construction Chemicals Market
- SWOT Analysis of United States Construction Chemicals Market
- United States Construction Chemicals Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United States Construction Chemicals Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Construction Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Construction Chemicals Market
7. United States Construction Chemicals Market, By Product Type (USD Million)
7.1. United States Construction Chemicals Market Value Share and Forecast, By Product Type, 2023-20337.2. Concrete Admixture and Cement Grinding Aids7.3. Surface Treatment7.4. Repair and Rehabilitations7.5. Protective Coatings7.6. Industrial Flooring7.7. Waterproofing Solutions7.8. Adhesive and Sealants7.9. Grouts and Anchors
8. United States Construction Chemicals Market, By End User (USD Million)
8.1. United States Construction Chemicals Market Value Share and Forecast, By End User, 2023-20338.2. Commercial8.3. Industrial8.4. Infrastructure8.5. Residential8.6. Others
9. United States Construction Chemicals Market Forecast, 2019-2033 (USD Million)
9.1. United States Construction Chemicals Market Size and Market Share
10. United States Construction Chemicals Market, By Product Type, 2019-2033 (USD Million)
10.1. United States Construction Chemicals Market Size and Market Share By Product Type (2019-2026)10.2. United States Construction Chemicals Market Size and Market Share By Product Type (2027-2033)
11. United States Construction Chemicals Market, By End User, 2019-2033 (USD Million)
11.1. United States Construction Chemicals Market Size and Market Share By End User (2019-2026)11.2. United States Construction Chemicals Market Size and Market Share By End User (2027-2033)
12. United States Construction Chemicals Market, By Region, 2019-2033 (USD Million)
12.1. United States Construction Chemicals Market Size and Market Share By Region (2019-2026)12.2. United States Construction Chemicals Market Size and Market Share By Region (2027-2033)12.3. Eastern Region12.4. Western Region12.5. Southern Region12.6. Northern Region
13. Company Profile
13.1. 3M13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Arkema Group13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Ashland13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Chryso SAS13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Dow13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. DuPont13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Franklin International, Inc.13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. GCP Applied Technologies13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Holcim13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Krete Industries Inc.13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. MAPEI SpA13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments13.12. MBCC Group13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments13.13. Pidilite Industries Ltd13.13.1. Company details13.13.2. Financial outlook13.13.3. Product summary13.13.4. Recent developments13.14. RPM International Inc.13.14.1. Company details13.14.2. Financial outlook13.14.3. Product summary13.14.4. Recent developments13.15. Sika AG13.15.1. Company details13.15.2. Financial outlook13.15.3. Product summary13.15.4. Recent developments13.16. Others
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Construction Chemicals Market is projected to reach USD 25219.08 million by 2033, growing at a CAGR of 7.26% during the forecast period.
United States Construction Chemicals Market grew in market size from 2023. The Market is expected to reach USD 25219.08 million by 2033, at a CAGR of 7.26% during the forecast period.
United States Construction Chemicals Market CAGR of 7.26% during the forecast period.
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United States Construction Chemicals Market size is USD 25219.08 million from 2023 to 2033.
United States Construction Chemicals Market Segment is Covered By Product Type, By End User
The North America region is anticipated to have the highest market share in United States Construction Chemicals Market.
The key players in the market include Companies Covered 3M, Arkema Group, Ashland, Chryso SAS, Dow, DuPont, Franklin International, Inc., GCP Applied Technologies, Holcim, Krete Industries Inc., MAPEI SpA, MBCC Group, Pidilite Industries Ltd, RPM International Inc., Sika AG, Others
United States Construction Chemicals Market, including market size and trends, product mix, distribution channels, and supplier analysis. Chemical compounds that are specifically designed to alter the characteristics of different building materials are known as construction chemicals.
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