South America Construction Chemicals Market Outlook, 2028

South America Construction Chemicals Market Outlook, 2028

South America's construction industry is seeing tremendous growth, which is mostly due to government efforts and projects that support infrastructure development and encourage economic growth. Governments all around the region have started ambitious infrastructure projects that cover a range of industries, including public services, energy, and transportation. These programs are essential for addressing population growth demands, strengthening connectivity, and raising South American inhabitants' standard of living in general. For instance, several South American nations are making significant investments in transportation infrastructure, such as building roads, bridges, ports, and trains, in an effort to lower transportation costs, promote trade, and strengthen regional integration. South American governments are increasingly emphasizing eco-friendly building materials and practices, aligning with global environmental concerns. This emphasis has led to an increased demand for construction chemicals designed to enhance energy efficiency and reduce environmental impact. Manufacturers are increasingly investing in the research and development of green construction chemicals, including low-VOC adhesives, sealants, and coatings, which not only enhance environmental responsibility but also contribute to energy efficiency and reduced carbon footprints. This aligns with the region's commitment to more sustainable construction practices and the desire to meet stringent environmental regulations. New formulations and additives are being introduced to improve the strength and durability of construction materials, making them more resilient in the face of challenging environmental conditions and contributing to the longevity of structures.

According to the research report ""South America Construction Chemicals Market Outlook, 2028,"" published by Bonafide Research, the South America market is anticipated to add more than USD more than USD 1.5 Billion from 2023 to 2028. Due to an increase in construction activity throughout the continent, the market for construction chemicals in South America has been steadily expanding. Infrastructure improvements, new residential and commercial building, and remodeling initiatives all contributed to this expansion. Vast varieties of construction chemicals, such as adhesives, sealants, concrete admixtures, waterproofing agents, protective coatings, and more, were available on the market. These substances are used to improve the resilience, efficiency, and sustainability of building materials and constructions. There were considerable infrastructure developments in South America, including the building of highways, bridges, airports, and public transportation networks. For these projects to achieve quality and durability requirements, specific building chemicals were frequently needed. The expansion of South America's construction sector and the subsequent growth of the construction chemicals market have created opportunities for both local and international manufacturers and suppliers. The increased demand for construction chemicals has led to competition and innovation within the sector, resulting in the development of advanced, high-quality products.

On the basis of geography, the market is segmented into countries like Brazil, Argentina, and Columbia. Brazil dominates the market as of 2022, and is anticipated to grow with more than 6% CAGR from 2023-2028. Brazil was a major force behind construction operations due to its size and population. Due to the rapid rate of urbanization in the nation, there is an increasing need for infrastructure, commercial, and residential development projects. To improve the caliber, toughness, and safety of the structures, these projects required a variety of construction chemicals. Brazil's position as South America's largest economy has makes it a desirable market for producers of building chemicals from both home and abroad. In order to suit the various needs of the construction industry, multinational corporations frequently had a large presence in Brazil and offered a wide range of cutting-edge construction chemical products and solutions. The complex regulatory environment in Brazil contributed to the development of the building chemicals business. Construction businesses used high-quality construction chemical products to ensure compliance with safety and environmental standards as a result of strict building codes and regulations. Following it, Argentina also has the significant market share for the construction chemicals. Argentina's construction chemicals industry was experiencing growth, primarily driven by increased construction activities. The country was witnessing infrastructure development projects, residential and commercial construction, and renovations, all of which contributed to the demand for construction chemicals.

The report 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. In South America, the use of adhesives and sealants is integral to construction practices, as they contribute to the longevity and performance of structures, help maintain energy efficiency, and enhance safety by preventing water infiltration and air leakage. The construction industry in the region continues to rely on these versatile construction chemicals to meet the diverse demands of different projects and environments. Concrete sealers are used to protect concrete surfaces from moisture penetration, preventing corrosion of reinforcement bars and concrete deterioration. South American construction often faces exposure to humid tropical climates and heavy rainfall. Concrete sealers are used to protect concrete surfaces from moisture penetration, preventing corrosion of reinforcement bars and concrete deterioration. South America experiences heavy rainfall in some regions, making roof waterproofing crucial to prevent water leaks and damage to buildings. Waterproofing membranes and coatings are applied to protect roofs. In areas prone to groundwater infiltration, basement and below-grade waterproofing solutions are essential to keep structures dry and prevent structural damage.

The market is segmented based on the End User Industry, into Commercial, Residential, Industrial, and Infrastructure. The use of construction chemicals in South America's industrial sector is essential for maintaining the integrity, security, and durability of numerous facilities and infrastructure projects. A vast variety of construction chemical solutions are required for this diversified region's many temperatures and environmental difficulties. Due to the possibility of exposure to harsh chemicals or humid coastal settings, industrial buildings frequently need specialist coatings and linings to prevent corrosion. High-performance epoxy coatings are also advantageous in the design of industrial floors because they can survive the use of powerful machinery, chemical spills, and abrasion. Additionally, construction chemicals play a crucial role in structural retrofitting and repair operations that take care of the upkeep and rehabilitation requirements of deteriorating industrial facilities. Construction chemicals are used in South America's industrial environment to improve the robustness, security, and efficiency of its facilities, making these solutions essential components in the region's ongoing industrial development.

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: South 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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