Construction Additives Market
Description
The global construction additives market was valued at $34.5 billion in 2023, and is projected to reach $64.5 billion by 2033, growing at a CAGR of 6.6% from 2024 to 2033.
Construction additives are specialized materials incorporated into construction components such as concrete, mortar, or cement to modify and enhance their physical or chemical properties. are designed to improve strength, workability, durability of construction materials and provide resistance to environmental conditions or specific challenges such as water infiltration, heat, or chemical exposure. They modify the properties of the mix or help achieve specific goals in construction projects by tailoring these properties, ensuring improved performance and cost efficiency.
Surge in demand for high-performance building materials drives the adoption of construction additives across the construction industry. As modern construction projects prioritize durability, sustainability, and energy efficiency, the need for materials that meet these stringent requirements has surged. Construction additives, such as plasticizers, superplasticizers, air-entraining agents, and waterproofing compounds, play a critical role in enhancing the performance of basic construction materials such as concrete, mortar, and cement. All these factors are expected to drive the demand for the construction additives market during the forecast period.
However, construction additives, which are crucial for improving the properties of concrete and other building materials, rely on a wide range of raw materials such as chemicals, polymers, and minerals. The price volatility of these materials directly impacts the cost structure of construction additives, leading to price instability for manufacturers and end-users alike. Moreover, supply chain disruptions, geopolitical tensions, and natural disasters impact price fluctuations, which is more challenging for companies to secure a consistent supply of essential raw materials. All these factors hamper the construction additives market growth.
On the contrary, increase in demand for low-carbon alternatives in construction materials, driven by regulatory pressures and rise in consumer awareness creates opportunities for the construction additives market growth. Construction additives enable manufacturers to produce materials with lower carbon footprints, such as low-emission concrete, which is crucial for meeting global sustainability targets. Surge in demand for these types of materials creates new market opportunities for construction additive suppliers, allowing them to align their product offerings with the broader industry shift toward sustainability. In May 2024, BASF invested in expanding its additives plant in Nanjing, China, strengthening its local production footprint in the world's largest and fastest-growing chemical market.
Segment Review
The construction additives market is segmented into type, end use, and region. On the basis of type, the market is classified into chemical additives, mineral additives, and fiber additives. On the basis of end use, the market is divided into residential, industrial, infrastructure, and commercial. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings:
By type, the chemical additives segment was the highest revenue contributor to the global construction additives market share in 2023.
On the basis of end use, the residential segment was the highest revenue contributor to the market accounting for less than half of the global construction additives market share in 2023.
Region-wise, Asia-Pacific was the highest revenue contributor in the global construction additives market share in 2023.
Competition Analysis
The key players in the construction additives market include BASF, UltraTech Cement Ltd., Tolsa, Sika AG, Saint-Gobain, MAPEI S.p.A., Pidilite Industries Limited, Ashland, Dow, and Bostik. The companies have adopted expansion and acquisition strategies to expand or develop new products in the global construction additives market.
Key Benefits for Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the construction additives market analysis from 2023 to 2033 to identify the prevailing construction additives market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the construction additives market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global construction additives market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Fiber Additives
Chemical Additives
Mineral Additives
By End Use
Residential
Industrial
Infrastructure
Commercial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
BASF SE
Sika AG
Saint-Gobain
Pidilite Industries Limited
Ashland
Bostik SA
UltraTech Cement Ltd.
MAPEI S.p.A.
Dow Inc.
TolsaThe research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.
Construction additives are specialized materials incorporated into construction components such as concrete, mortar, or cement to modify and enhance their physical or chemical properties. are designed to improve strength, workability, durability of construction materials and provide resistance to environmental conditions or specific challenges such as water infiltration, heat, or chemical exposure. They modify the properties of the mix or help achieve specific goals in construction projects by tailoring these properties, ensuring improved performance and cost efficiency.
Surge in demand for high-performance building materials drives the adoption of construction additives across the construction industry. As modern construction projects prioritize durability, sustainability, and energy efficiency, the need for materials that meet these stringent requirements has surged. Construction additives, such as plasticizers, superplasticizers, air-entraining agents, and waterproofing compounds, play a critical role in enhancing the performance of basic construction materials such as concrete, mortar, and cement. All these factors are expected to drive the demand for the construction additives market during the forecast period.
However, construction additives, which are crucial for improving the properties of concrete and other building materials, rely on a wide range of raw materials such as chemicals, polymers, and minerals. The price volatility of these materials directly impacts the cost structure of construction additives, leading to price instability for manufacturers and end-users alike. Moreover, supply chain disruptions, geopolitical tensions, and natural disasters impact price fluctuations, which is more challenging for companies to secure a consistent supply of essential raw materials. All these factors hamper the construction additives market growth.
On the contrary, increase in demand for low-carbon alternatives in construction materials, driven by regulatory pressures and rise in consumer awareness creates opportunities for the construction additives market growth. Construction additives enable manufacturers to produce materials with lower carbon footprints, such as low-emission concrete, which is crucial for meeting global sustainability targets. Surge in demand for these types of materials creates new market opportunities for construction additive suppliers, allowing them to align their product offerings with the broader industry shift toward sustainability. In May 2024, BASF invested in expanding its additives plant in Nanjing, China, strengthening its local production footprint in the world's largest and fastest-growing chemical market.
Segment Review
The construction additives market is segmented into type, end use, and region. On the basis of type, the market is classified into chemical additives, mineral additives, and fiber additives. On the basis of end use, the market is divided into residential, industrial, infrastructure, and commercial. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings:
By type, the chemical additives segment was the highest revenue contributor to the global construction additives market share in 2023.
On the basis of end use, the residential segment was the highest revenue contributor to the market accounting for less than half of the global construction additives market share in 2023.
Region-wise, Asia-Pacific was the highest revenue contributor in the global construction additives market share in 2023.
Competition Analysis
The key players in the construction additives market include BASF, UltraTech Cement Ltd., Tolsa, Sika AG, Saint-Gobain, MAPEI S.p.A., Pidilite Industries Limited, Ashland, Dow, and Bostik. The companies have adopted expansion and acquisition strategies to expand or develop new products in the global construction additives market.
Key Benefits for Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the construction additives market analysis from 2023 to 2033 to identify the prevailing construction additives market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the construction additives market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global construction additives market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Fiber Additives
Chemical Additives
Mineral Additives
By End Use
Residential
Industrial
Infrastructure
Commercial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
BASF SE
Sika AG
Saint-Gobain
Pidilite Industries Limited
Ashland
Bostik SA
UltraTech Cement Ltd.
MAPEI S.p.A.
Dow Inc.
TolsaThe research methodology of the global market involves extensive primary and secondary research. Primary research includes about over 12 hours of interviews and discussion with a wide range of stakeholders, including upstream and downstream participants. The primary research typically is the bulk of our research efforts; however, coherently supported by extensive secondary research. Researchers have reviewed over 6,765 product literatures, industry releases, annual reports, and other such documents of key industry participants to obtain better market understanding and gain competitive intelligence. In addition, authentic industry journals, trade associations' releases,and government websites have also been reviewed for generating high-value industry insights.
Table of Contents
346 Pages
- CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
- CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. CXO perspective
- CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter’s five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growth in infrastructure development projects
- 3.4.1.2. Surge in demand for high-performance building materials
- 3.4.2. Restraints
- 3.4.2.1. Fluctuations in raw material prices
- 3.4.3. Opportunities
- 3.4.3.1. Increase in focus on sustainable construction practices
- 3.5. Value Chain Analysis
- 3.6. Technology Trend Analysis
- 3.7. Regulatory Guidelines
- CHAPTER 4: CONSTRUCTION ADDITIVES MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Chemical Additives
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Mineral Additives
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Fiber Additives
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- CHAPTER 5: CONSTRUCTION ADDITIVES MARKET, BY END USE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Residential
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Industrial
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Infrastructure
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Commercial
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- CHAPTER 6: CONSTRUCTION ADDITIVES MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.3. Market size and forecast, by End Use
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Market size and forecast, by Type
- 6.2.4.1.2. Market size and forecast, by End Use
- 6.2.4.2. Canada
- 6.2.4.2.1. Market size and forecast, by Type
- 6.2.4.2.2. Market size and forecast, by End Use
- 6.2.4.3. Mexico
- 6.2.4.3.1. Market size and forecast, by Type
- 6.2.4.3.2. Market size and forecast, by End Use
- 6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.3. Market size and forecast, by End Use
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. Germany
- 6.3.4.1.1. Market size and forecast, by Type
- 6.3.4.1.2. Market size and forecast, by End Use
- 6.3.4.2. UK
- 6.3.4.2.1. Market size and forecast, by Type
- 6.3.4.2.2. Market size and forecast, by End Use
- 6.3.4.3. France
- 6.3.4.3.1. Market size and forecast, by Type
- 6.3.4.3.2. Market size and forecast, by End Use
- 6.3.4.4. Spain
- 6.3.4.4.1. Market size and forecast, by Type
- 6.3.4.4.2. Market size and forecast, by End Use
- 6.3.4.5. Italy
- 6.3.4.5.1. Market size and forecast, by Type
- 6.3.4.5.2. Market size and forecast, by End Use
- 6.3.4.6. Rest of Europe
- 6.3.4.6.1. Market size and forecast, by Type
- 6.3.4.6.2. Market size and forecast, by End Use
- 6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.3. Market size and forecast, by End Use
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. China
- 6.4.4.1.1. Market size and forecast, by Type
- 6.4.4.1.2. Market size and forecast, by End Use
- 6.4.4.2. India
- 6.4.4.2.1. Market size and forecast, by Type
- 6.4.4.2.2. Market size and forecast, by End Use
- 6.4.4.3. Japan
- 6.4.4.3.1. Market size and forecast, by Type
- 6.4.4.3.2. Market size and forecast, by End Use
- 6.4.4.4. South Korea
- 6.4.4.4.1. Market size and forecast, by Type
- 6.4.4.4.2. Market size and forecast, by End Use
- 6.4.4.5. Australia
- 6.4.4.5.1. Market size and forecast, by Type
- 6.4.4.5.2. Market size and forecast, by End Use
- 6.4.4.6. Rest of Asia-Pacific
- 6.4.4.6.1. Market size and forecast, by Type
- 6.4.4.6.2. Market size and forecast, by End Use
- 6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.3. Market size and forecast, by End Use
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Market size and forecast, by Type
- 6.5.4.1.2. Market size and forecast, by End Use
- 6.5.4.2. Saudi Arabia
- 6.5.4.2.1. Market size and forecast, by Type
- 6.5.4.2.2. Market size and forecast, by End Use
- 6.5.4.3. South Africa
- 6.5.4.3.1. Market size and forecast, by Type
- 6.5.4.3.2. Market size and forecast, by End Use
- 6.5.4.4. Rest of LAMEA
- 6.5.4.4.1. Market size and forecast, by Type
- 6.5.4.4.2. Market size and forecast, by End Use
- CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product mapping of top 10 player
- 7.4. Competitive dashboard
- 7.5. Competitive heatmap
- 7.6. Top player positioning, 2023
- CHAPTER 8: COMPANY PROFILES
- 8.1. BASF SE
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
- 8.2. UltraTech Cement Ltd.
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.3. Tolsa
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.4. Sika AG
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
- 8.5. Saint-Gobain
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
- 8.6. MAPEI S.p.A.
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
- 8.7. Pidilite Industries Limited
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.8. Ashland
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.9. Dow Inc.
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.10. Bostik SA
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
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