Global Concrete Admixtures Construction Chemicals Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Concrete Admixtures Construction Chemicals Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Admixtures provide high process ability, high compressive strength, durability, water tightness, abrasion resistance and high finish for complex modern structures.

Waterproof coating is also called waterproof building coating. It is a fluid or semi-fluid material. It can be applied on the surface of the base layer by brushing or spraying. The solvent, water volatilizes or the chemical reaction between the components forms certain elasticity. And a certain thickness of continuous film, to isolate the surface of the base layer from water, plays a waterproof and moisture-proof role.
Waterproof coatings are mainly used in the four major fields of housing construction, civil engineering construction, and construction installation, building decoration, decoration and other construction industries. At present, waterproof coatings are mainly used in the field of housing construction and civil engineering construction, and there are relatively few applications in the construction and installation industry, as well as in building decoration, decoration and other construction industries. Generally speaking, waterproof coatings can be widely used in indoor kitchens, bathrooms, balconies, roofs, basements, exterior walls, roof gardens, swimming pools, cisterns, drinking water tanks, roads, bridges, tunnels, culverts and underground spaces in buildings. High-speed railways, highways, subways, urban rails, airports, diversion channels, reservoirs, dams, hydroelectric power stations and water treatment buildings.

Market Overview:

The latest research study on the global Concrete Admixtures Construction Chemicals market finds that the global Concrete Admixtures Construction Chemicals market reached a value of USD 15014.31 million in 2022. It’s expected that the market will achieve USD 22589.0 million by 2028, exhibiting a CAGR of 7.04% during the forecast period.

The development of the infrastructure industry brought by the economic recovery has promoted the development of the industry

China is currently the largest construction market, but their activities are weakening in global infrastructure and industrialization, and the impact on the residential sector is growing, so the construction market is cooling. India is expected to become the fastest growing country in the world construction market. The growth rate in the northern United States will be higher than in China. In the US market, building waterproofing materials are mainly used for house renovation. In the next 15 years, developed countries will continue to be the fastest growing in the world. The European construction market is still positive. This is partly due to the strong recovery of the French market, continued recovery in southern Europe, and overall stability in the Western European market.

Threat of substitutes

Building waterproof coating is a kind of building waterproof material. In addition to waterproof coating products, there are still many other waterproof materials, such as waterproof membrane. Because the tensile strength and tear resistance of building waterproof coatings cannot be compared with that of waterproof membranes, the aging resistance is poor, and the thickness and uniformity of the coating are not easy to grasp and control. The disadvantages of construction and curing film formation are subject to environmental constraints. The coating is mainly used in the waterproofing of kitchens, bathrooms, and three-dimensional walls. In other applications, it is mainly used as a supplement to or in combination with waterproofing membranes. Therefore, the market share growth of waterproof coatings is threatened by its substitutes.

The development of the Chinese market has brought new demands to the building waterproofing industry.

China's market for exterior wall waterproofing will generate a lot of demand. Standards for exterior wall waterproofing are expected to be formulated and implemented in recent years, and will be promoted throughout the country. Compared with the roof and basement, the outer wall of each floor uses waterproof materials, and it has four walls, which is in great demand.

Region Overview:

Geographically, Asia-Pacific held the largest market share – 57.23% in 2022.

Company Overview:

Sika AG is one of the major players operating in the Concrete Admixtures Construction Chemicals market, holding a share of 11.39% in 2023.

Sika AG

Sika AG manufactures construction materials. The Company produces concrete and mixtures, mortar, sealants and adhesives, tooling resins, anti-static industrial flooring, and acoustic materials. Sika serves customers worldwide.

BASF

BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

Segmentation Overview:

As for product types, the PUR segment held the largest market share in 2022.

Application Overview:

By application, the Water Proofing segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Concrete Admixtures Construction Chemicals market covered in Chapter 3:

3M
H.B. Fuller
Rpm International
GCP Applied Technologies
Fosroc
Wacker Chemie AG
Sika AG
Pidilite Industries
Oriental Yuhong
Henkel
Keshun Waterproof Technology
BASF
Köster
DowDuPont
Schomburg
Arkema
Mapei S.P.A.
MC-Bauchemie

In Chapter 4 and Chapter 14.2, on the basis of types, the Concrete Admixtures Construction Chemicals market from 2018 to 2029 is primarily split into:

Cement-based
Bituminous
PUR
Epoxy
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Concrete Admixtures Construction Chemicals market from 2018 to 2029 covers:

Sealing
Water Proofing

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)