Construction Chemicals Market Outlook:
Construction Chemicals Market size was valued at USD 52.59 billion in 2024 and is expected to reach USD 91.55 billion by 2034, registering around 5.7% CAGR during the forecast period i.e., between 2025-2034. In the year 2025, the industry size of construction chemicals is assessed at USD 55.14 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.
