Construction Chemicals Market Size

Construction Chemicals Market size is poised to expand from USD 62.95 billion to USD 147.68 billion, exhibiting a CAGR of more than 6.9% during the forecast timeline, from 2025 to 2037. In the year 2025, the industry size of construction chemicals is evaluated at USD 66.37 billion.

The market growth can be ascribed to an increase in construction activity. For instance, it is predicted that by the year 2050, construction workers will set up 3,500 new structures daily.

Construction chemicals are renowned for increasing strength and preventing corrosion in the infrastructure. Additionally, the construction industry has seen an increase in investment, which is predicted to spur construction chemicals market expansion. For instance, the Indian Parliament approved a bill in March 2021 to establish the National Bank for Financing Infrastructure and Development (NaBFID), a development finance organization with a budget of roughly USD 3 billion. Furthermore, increasing urbanization and the growing need for homes across the world are estimated to accelerate the market growth.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of construction chemicals is evaluated at USD 66.37 billion.

The construction chemicals market size was over USD 62.95 billion in 2024 and is projected to exceed USD 147.68 billion by the end of 2037, witnessing over 6.9% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing urban population, rise in the number of residential projects, rising population, and others.

Asia Pacific industry is anticipated to hold largest revenue share by 2037, impelled by government's increasing infrastructure-related initiatives as well as the rising demand for residential and non-residential buildings in the region.

The major players in the market include GCP Applied Technologies Inc., SIKA AG, The DOW Chemical Company, RPM International Inc.

Construction Chemicals Market Size