North America Construction Chemicals Market Outlook, 2028

North America Construction Chemicals Market Outlook, 2028

North America has seen a tremendous uptick in new building and infrastructure development initiatives recently, which is altering the continent's landscape. These projects are not only changing the physical environment but also fostering economic growth and innovation. They range from gleaming skyscrapers that pierce the skyline to enormous transit networks that connect cities and regions. The emphasis on sustainable and eco-friendly design is among the surge in new construction in North America's most notable characteristics. Green building techniques are being pioneered by cities like Vancouver and Seattle, which have built their urban developments with energy-efficient materials, green roofs, and renewable energy sources. This dedication to sustainability not only lessens the environmental impact but also provides other parts of the world with an encouraging example. In North America, the transportation infrastructure is also going through a revival. Expanded public transport networks, renovated airports, and high-speed rail initiatives are improving connectivity and lowering the carbon impact of travel. In California, the development of the high-speed rail network is evidence of the area's dedication to easing traffic and air pollution while still fostering economic development. Additionally, the booming technology hubs in North America are encouraging innovation in building techniques. The need for creative construction solutions is greater than ever as metropolitan areas continue to grow and modernize. These projects necessitate a wide range of construction chemicals, such as concrete admixtures, waterproofing compounds, sealants, and coatings, to ensure the longevity and safety of these structures. The use of construction chemicals is essential in preventing damage and deterioration to infrastructure in areas subject to extreme weather, such as hurricanes, earthquakes, and icy winters.

According to the research report ""North America Construction Chemicals Market Outlook, 2028,"" published by Bonafide Research, the North America market was valued at more than USD 16 Billion in 2022 and is anticipated to grow with the significant market size by 2028. The market for construction chemicals in North America is going through a dramatic transformation right now. With a strong emphasis on sustainability and durability, construction chemicals have become indispensable for enhancing the performance and longevity of various construction projects across the continent. The need for premium construction chemicals has been spurred, first and foremost, by the growing need to repair and renovate outdated infrastructure, such as bridges, roads, and buildings. These substances, such as concrete admixtures, sealants, adhesives, and waterproofing chemicals, play a crucial role in increasing the lifespan of structures and lowering maintenance costs. The industry is moving forward due to the increase in construction activities in both the residential and commercial sectors. The use of construction chemicals is being driven by urbanization, population expansion, and rising spending in infrastructure projects. Notably, as environmental concerns gain popularity, the industry is observing a noticeable shift in favor of eco-friendly and sustainable solutions. With North America's dedication to environmental responsibility, water-based paints, low-VOC (volatile organic compound) adhesives, and green concrete admixtures is gaining popularity. Construction chemical formulation research and technological advancements are fostering industry innovation. Innovative solutions are being created to tackle specific issues like earthquake resilience and adverse weather conditions. This innovation-driven strategy is altering the building sector and resulting in structures that are safer, stronger, and more ecologically friendly.

Based on the geography, the repost is categorized based on the countries into United States, Canada, and Mexico. United States is leading the construction chemicals market in North America. In United States, Construction innovations are progressing rapidly, and the industry now has a tremendous amount of resources to advance construction technology. The Amazon HQ2, Las Vegas Formula 1 Grand Prix, and many such other construction projects in United States have boosted the market of construction chemicals. Along with this, the market features a competitive landscape with both domestic and international manufacturers and suppliers. Some prominent players in the U.S. construction chemicals market include BASF SE, Dow Inc., Sika AG, GCP Applied Technologies Inc., and RPM International Inc., among others. The construction chemicals market in Canada is expected to continue to grow with the high market CAGR in the coming years, driven by factors such as increasing urbanization, a growing infrastructure sector, and rising demand for sustainable construction materials. The Mexican government is also working to improve the regulatory environment for the construction chemicals industry. The government has recently proposed new regulations that would require construction chemical manufacturers to register their products with the government and to meet certain safety and quality standards. The new regulations are expected to improve the quality of construction chemicals in Mexico and to boost the competitiveness of the Mexican construction chemicals industry.

The market is segmented based on the Product Type, into Concrete Admixture, Waterproofing Chemicals, Repair and Rehabilitation, Adhesives and Sealants, Industrial Flooring, Surface Treatment, Cement Grinding Aids, Protective Coatings, and Grout & Anchor. Concrete, the single most widely-used building material in the world, has a history dating back to the Romans and ancient Egyptians. Given that concrete is used twice as much in construction over all other building materials, emphasis on quality, performance and sustainability is essential for the industry to grow and thrive. One of the most important ingredients in high performance, long-lasting, durable and beautiful concrete produced today is concrete admixtures. Concrete admixtures are natural or manufactured chemicals or additives added during concrete mixing to enhance specific properties of the fresh or hardened concrete, such as workability, durability, or early and final strength. Thus the concrete admixture also dominates the market in North America with the significant market share in 2022. Along with this the use of waterproofing chemicals has a high demand in market as these chemicals are useful when a structure’s waterproofing capability is to be given a boost which is especially required for structures constantly dealing with liquids. The North America market has a diverse range of high-quality waterproofing options for protecting buildings and infrastructure against water damage. These solutions include a variety of chemical technologies such as liquid-applied waterproofing membranes, elastomeric coatings, and concrete admixtures. North America building professionals rely on these cutting-edge waterproofing materials to assure the lifetime and durability of their projects, even in high-precipitation areas. Along with this, in NA both builders and property owners are increasingly recognizing the need for effective waterproofing chemicals to prevent water damage, structural deterioration, and mold growth, all of which can lead to costly repairs and health hazards, which is further increasing the market and is anticipated to have the great market CAGR in the coming years.

Based on the End User Industry the market is further distinguished into Commercial, Residential, Industrial, and Infrastructure. Among these industries, commercially there is a high market of construction chemicals, the reason for this includes. The dynamic industrial and commercial sectors of North America have driven the demand for construction chemicals. As the region maintains its position as a manufacturing and export powerhouse, commercial infrastructure such as factories, warehouses, and logistics centers are continually being built or modified, necessitating the usage of specialist building chemicals for improved durability, performance, and sustainability. Stringent commercial rules and quality standards have increased reliance on building chemicals to achieve these criteria, whether for structural stability, fire resistance, or environmental compliance. Furthermore, growing awareness of the benefits of energy-efficient and environmentally friendly construction practices in commercial projects has resulted in the adoption of construction chemicals that improve insulation, reduce energy consumption, and minimize environmental impact, which has boosted the market even further. Demand for visually beautiful and low-maintenance residential constructions has resulted in the usage of construction chemicals in coatings, sealants, and adhesives that improve the appearance and longevity of facades, interiors, and flooring. To achieve safety standards and fire resistance requirements in residential projects, North America’s strict building norms and regulations demand the use of construction chemicals. Furthermore, as homeowners place a higher value on indoor air quality and occupant health, building chemicals are used to ensure that the materials used in residential construction do not produce dangerous volatile organic compounds (VOCs) or allergens. This emphasis on providing healthy living environments emphasizes the significance of construction chemicals in the residential sector which is further expected to have the high market CAGR in the coming years.

Companies Covered in this report:
3M Company, BASF SE, H.B. Fuller, Mapei S.p.A., The Dow Chemical Company, Sika AG, Pidilite Industries Limited, RPM International Inc, Henkel AG & Co. KGaA, Akzo Nobel N.V., Wacker Chemie AG, Covestro AG, Compagnie de Saint-Gobain S.A., Jotun Group, Ashland Inc, Bostik Axalta Coating Systems Ltd., The Sherwin Williams Company.

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

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

Country covered in the report:
• United States
• Canada
• Mexico

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 and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone 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 making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

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

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