The United States construction chemicals market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising infrastructure projects. Due to various government and private investment in infrastructure development, there has been a significant increase in the number of infrastructure projects throughout the years.
Construction chemicals are chemical compositions that are used with cement, concrete, or other construction materials to keep them together during construction. Chemical substances used to change the characteristics of construction materials are known as construction chemicals. The quantity of water in construction is reduced by these compounds. They are critical in enhancing a building's and non-building structure's overall performance. One of the most essential duties of any government, especially in developing countries, is to construct or improve infrastructure. Governments are likely to create items of national importance, national heritage, and locations where there may be a large number of people, such as tunnels, bridges, airports, and bus stops.
The report on the United States construction chemicals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
United States Construction Chemicals Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Product Type (Concrete Admixture, Protective Coatings, Surface Treatments, Repair & Rehabilitation, Cement Grinding Aids, Sealants, Grout & Anchor, Waterproofing, Industrial Flooring, and Adhesives), End-user Industry (Commercial, Industrial, Residential, and Infrastructure) |
Geographical Scope |
United States |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
MAPEI SpA; BASF SE; RPM International Inc.; Sika AG; and LafargeHolcim |
Based on product type, the United States construction chemicals market is divided into concrete admixture, protective coatings, surface treatments, repair & rehabilitation, cement grinding aids, sealants, grout & anchor, waterproofing, industrial flooring, and adhesives. The concrete admixture segment is expected to represent a key share of the market during the forecast period. Concrete admixtures are additives to the concrete that are applied before or during the mixing process. Concrete admixtures reduce the cost of concrete construction by altering the characteristics of hardened concrete, resulting in high quality during mixing, transport, placement, and curing. This enables to deal with unexpected situations during concrete operations.
Admixtures are classified into many categories according to their purpose, such as air-entraining, retarding, accelerating, plasticizing, and water reduction. Shrinkage reduction, corrosion inhibition, workability enhancement, alkali-silica reactivity reduction, bonding, coloring, and damp proofing are functions of the special category admixtures. Various government incentives to encourage the infrastructure sector, together with the residential sector, have aided the country's market expansion in the recent years.
On the basis of end-user industry, the United States construction chemicals market is segregated into commercial, industrial, residential, and infrastructure. The residential segment is expected to represent a key share of the market during the forecast period. Construction chemicals are utilized in the construction of new buildings as well as the repair and rehabilitation of existing structures. They reduce the amount of water and cement in the concrete and add chemical characteristics like cross-linking, which boosts the mortar's strength. The United States has the major portion of the North American building chemicals market, accounting for around 80% of the total share. Increasing global warming and implications of climate change are pushing the government to enact rules to decrease carbon emissions, resulting in a greater demand for infrastructure renovation.
Segments Covered in the Report
The United States construction chemicals market has been segmented on the basis of
Product type
End-user Industry
Key Players
Key players competing in the United States construction chemicals market include MAPEI SpA, BASF SE, RPM International Inc., Sika AG, and LafargeHolcim.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
Some other reports from this category!