Canada Construction Chemicals Market Overview, 2028

Canada Construction Chemicals Market Overview, 2028

The construction industry in Canada is currently experiencing a significant and expansive phase of growth, driven by a multifaceted set of factors that have positioned it as a cornerstone of the nation's economy and infrastructure development. One of the primary drivers behind this expansion is the country's robust population growth, particularly in urban centers, which has resulted in a surging demand for residential and commercial construction. Canadian cities like Toronto, Vancouver, and Montreal have witnessed a steady influx of residents, necessitating the construction of new housing complexes, office buildings, and infrastructure to accommodate this demographic shift. Additionally, Canada's commitment to infrastructure investment has played a pivotal role in the industry's growth. Federal and provincial governments have embarked on ambitious infrastructure projects, ranging from transportation networks (such as highways and transit systems) to public facilities (including hospitals and educational institutions). These investments have not only created a steady stream of construction projects but have also modernized Canada's infrastructure, making it more resilient and efficient and also increased the market of construction chemicals. The industry's expansion is further propelled by advancements in construction technology and sustainable building practices. Canadian construction companies are increasingly embracing innovative techniques, such as Building Information Modeling (BIM) and off-site construction methods, to enhance project efficiency and reduce construction timelines.

According to the research report, “Canada Construction Chemicals Market Overview, 2028” published by Bonafide Research, the market was valued at more than 2 Billion in 2022 and is anticipated to grow with the significant market size in the coming years. This growth is propelled by the on-going construction projects. As Canada’s economy continues to evolve, the country is investing in a number of large-scale projects that are expected to increase the construction chemicals market. A confluence of important variables that are transforming the landscape of the construction industry has led to a remarkable and extended phase of expansion for the construction chemicals market in Canada. The ongoing urbanization and population expansion in the nation are two major factors influencing this expansion. The Canadian government's commitment to infrastructure investment is playing a pivotal role in the industry's growth. Federal and provincial governments have initiated significant infrastructure projects, including the development of transportation networks, such as highways and public transit systems, as well as investments in healthcare and education facilities. These initiatives not only create a consistent flow of construction projects but also contribute to the modernization and resilience of Canada's infrastructure. The construction chemicals market in Canada is also being invigorated by technological advancements and an increasing emphasis on sustainability. Companies are investing in research and development to create innovative construction chemicals that address environmental concerns while delivering superior performance. Green building standards like LEED (Leadership in Energy and Environmental Design) are encouraging the use of eco-friendly construction materials and practices. The natural resource sector, which is integral to the Canadian economy, further drives the growth of the construction chemicals market. Resource-related projects, such as mining, oil, and gas facilities, demand specialized construction chemicals for purposes like corrosion protection and environmental remediation.

The market is segmented into the Product Types; which are further classified into concrete admixture, waterproofing chemicals, repair and rehabilitation, adhesives and sealants, industrial flooring, surface treatment, cement grinding aids, protective coatings and grout and anchor. The concrete admixtures and waterproof chemicals market in Canada is experiencing substantial expansion and growth, driven by a confluence of factors. The construction industry in Canada has been robust in recent years, with both residential and commercial sectors witnessing increased activity. This surge in construction has created a greater demand for advanced construction materials and solutions, such as concrete admixtures and waterproof chemicals. Concrete admixtures, which enhance the properties of concrete and improve its workability, durability, and curing time, are becoming increasingly popular in Canada. They enable construction professionals to meet the specific requirements of diverse projects, from high-rise buildings to infrastructure development. This not only results in improved construction efficiency but also contributes to the longevity and performance of structures. The waterproof chemicals market is also on the rise in Canada, driven by the need to protect buildings from harsh weather conditions and ensure long-lasting structural integrity. Canada's climate, which includes severe winters with freeze-thaw cycles, makes waterproofing essential to prevent water infiltration and the resulting damage to structures. Waterproofing compounds, membranes, and coatings have become integral components in the construction of both residential and commercial properties. The growing emphasis on sustainability and environmental responsibility has propelled the adoption of eco-friendly construction chemicals in Canada. Many of these products are designed to be more environmentally friendly while still providing effective waterproofing and concrete enhancement. This aligns with the country's commitment to green building practices and environmentally-conscious construction.

In Canada, the commercial sector stands out as the primary consumer of construction chemicals, following the residential and infrastructure sectors. This prominence can be attributed to several compelling factors. The commercial sector encompasses a diverse range of construction projects, including office buildings, shopping malls, hotels, restaurants, and industrial facilities, each with unique requirements for construction chemicals. Commercial structures often demand specialized products like concrete admixtures for optimizing strength and workability, waterproofing solutions for protecting against harsh weather conditions, and fire-resistant coatings for ensuring safety compliance. Additionally, commercial projects frequently involve complex designs, advanced materials, and stringent regulatory standards, all of which drive the need for high-performance construction chemicals to meet specific project requirements. The demand for eco-friendly and sustainable construction practices, driven by environmental regulations and market preferences, further boosts the use of environmentally responsible construction chemicals in the commercial sector, ensuring that these buildings are not only functional and safe but also energy-efficient and environmentally friendly. Overall, the commercial sector's dominance in the consumption of construction chemicals in Canada is a result of its sheer scale, diversity, complexity, and commitment to delivering structures that meet exacting standards, both in terms of performance and sustainability. This trend is expected to persist as commercial construction continues to flourish in the Canadian landscape.

Considered in this report:
•Geography: Canada
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report:
•Canada Construction Chemicals market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

By Product Type:
•Concrete Admixture
•Waterproofing Chemicals
•Repair and Rehabilitation
•Adhesives and Sealants
•Industrial Flooring
•Surface Treatment
•Cement Grinding Aids
•Protective Coatings
•Grout and Anchor

By End-User Industry:
•Commercial
•Residential
•Industrial
•Infrastructure

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Construction Chemicals industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.