North America Construction Chemicals Market Growth, Revenue, Size, Trends, Demand and Future Outlook
North America Construction Chemicals Market Size- By Product Type, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2024 | Report ID: CHEM2418 | Pages: 1 - 154 | Formats*: |
| Category : Chemical & Materials | |||
North America Construction Chemicals Market Introduction and Overview
According to SPER Market Research, the North America Construction Chemicals Market is estimated to reach USD 21.65 Billion by 2033 with a CAGR of 4.8%.
The report includes an in-depth analysis of the North America Construction Chemicals Market, including market size and trends, product mix, applications, and supplier analysis. Chemicals used in the construction process are known as construction chemicals. There are numerous uses for these compounds in the construction sector. They can be applied to new construction projects, active construction projects to expedite the process, existing building repair and retrofitting, or projects to increase the strength and endurance of the structures.
- September 2022: All applicable competition authorities gave Saint-Gobain the go-ahead to complete the acquisition of GCP Applied Technologies Inc. This purchase furthers the Group's goal of being the global leader in light and sustainable building and solidifies Saint-Gobain's position as the industry leader in construction chemicals.
- May 2020: United Gilsonite Laboratories (UGL), a well-known American supplier of coatings and waterproofing products to the construction industry, was purchased by Sika AG. UGL products can be found in national retail stores. It was anticipated that this acquisition will enhance Sika's high-value waterproofing solutions for masonry and concrete.
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Market Opportunities and Challenges
Opportunities:
- Renovating and Maintaining Existing Infrastructure: These tasks present chances to apply construction chemicals for protection, rehabilitation, and repair purposes.
- Sustainable Construction Practices: Manufacturers have an opportunity to develop low-VOC, environmentally friendly construction chemicals due to the growing demand for green buildings and sustainable construction methods.
- Technological Advancements: Ongoing research and development spending can result in the creation of novel building compounds with enhanced properties.
Challenges:
- Cost considerations: Projects with limited funds may find that certain construction chemicals have greater upfront prices.
- Lack of Knowledge: The expansion of the market may be hampered by a lack of knowledge about the advantages and uses of modern building chemicals.
- Regulatory Compliance: Manufacturers and end users may face difficulties as a result of the strict rules governing the use of building chemicals and safety requirements.
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Market Competitive Landscape
North America's building chemical market is fiercely competitive, with a number of major manufacturers present. The major key players in the North America Construction Chemicals Market are: 3M, Arkema Group, Ashland, BASF SE, CEMEX S.A.B. de C.V., Dow, Five Star Products, Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, HOLCIM, LATICRETE International, Inc., MAPEI SpA, RPM International Inc., Saint-Gobain, Sika AG, Others. To increase their market share, these businesses concentrate on strategic alliances, product innovation, and mergers and acquisitions. These businesses provide a broad variety of chemical goods that are customised to satisfy particular client needs.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By End User |
| Regions covered | Canada, Mexico, United States, Rest of North America |
| Companies Covered | 3M, Arkema Group, Ashland, BASF SE, CEMEX S.A.B. de C.V., Dow, Five Star Products, Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, HOLCIM, LATICRETE International, Inc., MAPEI SpA, RPM International Inc., Saint-Gobain, Sika AG, Others |
COVID-19 Impact on North America Construction Chemicals Market
The market for building chemicals in North America was affected by the Covid-19 epidemic in a variety of ways. Lockdown measures, disruptions in the supply chain, and a decrease in construction operations caused disturbances in the construction industry. Certain areas, such as maintenance and infrastructure projects, demonstrated resiliency, though. As construction operations began, the demand for construction chemicals fluctuated and then gradually rebounded. The significance of sanitary and antibacterial coatings on building surfaces was further highlighted by the pandemic.
Key Target Audience
- Construction companies and contractors
- Architects and engineers
- Real estate developers
- Building material suppliers
- Manufacturers of construction chemicals
- Environmental agencies
- End-users (Commercial, Industrial, Infrastructure, Residential)
- Others
Our in-depth analysis of the North America Construction Chemicals Market includes the following segments:
| By Product Type: |
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| By End User: |
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| By Region: |
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Key Topics Covered in the Report
- North America Construction Chemicals Market Size (FY’2024-FY’2033)
- Overview of North America Construction Chemicals Market
- Segmentation of North America Construction Chemicals Market By Product Type (Adhesive and Sealants, Cement Grinding Aids, Concrete Admixture, Grout and Anchor, Industrial Flooring, Protective Coatings, Repair and Rehabilitation, Surface Treatment)
- Segmentation of North America Construction Chemicals Market By End User (Commercial, Industrial, Infrastructure, Residential)
- Statistical Snap of North America Construction Chemicals Market
- Expansion Analysis of North America Construction Chemicals Market
- Problems and Obstacles in North America Construction Chemicals Market
- Competitive Landscape in the North America Construction Chemicals Market
- Impact of COVID-19 and Demonetization on North America Construction Chemicals Market
- Details on Current Investment in North America Construction Chemicals Market
- Competitive Analysis of North America Construction Chemicals Market
- Prominent Players in the North America Construction Chemicals Market
- SWOT Analysis of North America Construction Chemicals Market
- North America Construction Chemicals Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the North America Construction Chemicals Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Construction Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Construction Chemicals Market
7. North America Construction Chemicals Market, By Product Type (USD Million)
7.1. North America Construction Chemicals Market Value Share and Forecast, By Product Type, 2024-20337.2. Adhesive and Sealants7.3. Cement Grinding Aids7.4. Concrete Admixture7.5. Grout and Anchor7.6. Industrial Flooring7.7. Protective Coatings7.8. Repair and Rehabilitation7.9. Surface Treatment
8. North America Construction Chemicals Market, By End User (USD Million)
8.1. North America Construction Chemicals Market Value Share and Forecast, By End User, 2024-20338.2. Commercial8.3. Industrial8.4. Infrastructure8.5. Residential
9. North America Construction Chemicals Market Forecast, 2020-2033 (USD Million)
9.1. North America Construction Chemicals Market Size and Market Share
10. North America Construction Chemicals Market, By Product Type, 2020-2033 (USD Million)
10.1. North America Construction Chemicals Market Size and Market Share By Product Type (2020-2026)10.2. North America Construction Chemicals Market Size and Market Share By Product Type (2027-2033)
11. North America Construction Chemicals Market, By End User, 2020-2033 (USD Million)
11.1. North America Construction Chemicals Market Size and Market Share By End User (2020-2026)11.2. North America Construction Chemicals Market Size and Market Share By End User (2027-2033)
12. North America Construction Chemicals Market, By Region, 2020-2033 (USD Million)
12.1. North America Construction Chemicals Market Size and Market Share By Region (2020-2026)12.2. North America Construction Chemicals Market Size and Market Share By Region (2027-2033)12.3. Canada12.4. Mexico12.5. United States12.6. Rest of North America
13. Company Profile
13.1. 3M
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Arkema Group
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. Ashland
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. BASF SE
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. CEMEX S.A.B. de C.V.
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. Dow
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Five Star Products, Inc.
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. H.B. Fuller Company
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Henkel AG & Co. KGaA
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. HOLCIM
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. LATICRETE International, Inc.
13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments
13.12. MAPEI SpA
13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments
13.13. RPM International Inc.
13.13.1. Company details13.13.2. Financial outlook13.13.3. Product summary13.13.4. Recent developments
13.14. Saint-Gobain
13.14.1. Company details13.14.2. Financial outlook13.14.3. Product summary13.14.4. Recent developments
13.15. Sika AG
13.15.1. Company details13.15.2. Financial outlook13.15.3. Product summary13.15.4. Recent developments
13.16. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
North America Construction Chemicals Market size is USD 21.65 billion from 2023 to 2033.
North America Construction Chemicals Market Segment is covered By Product Type, By End User.
The North America is anticipated to have the highest Market share in the North America Construction Chemicals Market.
The key players in the Market include Companies Covered 3M, Arkema Group, Ashland, BASF SE, CEMEX S.A.B. de C.V., Dow, Five Star Products, Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, HOLCIM, LATICRETE International, Inc., MAPEI SpA, RPM International Inc., Saint-Gobain, Sika AG, Others.
Chemicals used in the construction process are known as construction chemicals.
North America Construction Chemicals Market is projected to reach USD 21.65 billion by 2033, growing at a CAGR of 4.8% during the forecast period.
North America Construction Chemicals Market grew in Market size from 2022. The Market is expected to reach USD 21.65 billion by 2033, at a CAGR of 4.8% during the forecast period.
North America Construction Chemicals Market CAGR of 4.8% during the forecast period.
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