Report ID: SQMIG15E2759
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Construction Chemicals Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Construction Chemicals industry players.
Rapid infrastructure growth from urbanization and new home construction among developing nations and matured economies. As a result of the need for more durable, efficient and sustainable buildings, there has been an increase in the usage of all types of materials, including admixtures, sealants and protective coatings to create these new building structures with greater strength. In addition to these factors, many governments across the globe are investing into smart cities, transportation systems, renewable energy development and now have a high demand for advanced products and solutions used in the construction industry, as well.
According to SkyQuest Technology “Construction Chemicals Market By Product (Concrete Admixture, Construction Adhesive), By Application (Residential, Non-residential), By Region- Industry Forecast 2025-2032,” Global Construction Chemicals Market is projected to grow at a CAGR of over 6.4% by 2032, on account of urgent need for automating quantified data. Advancements in technology have created new opportunities for the creation and availability of new materials and solutions for the construction industry, such as the emergence of nanotechnology additives, self-healing materials, and the introduction of green concrete formulations. These new material types offer enhanced performance, sustainability, and are further driving growth in the construction chemicals market.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Sika AG (including MBCC Group) |
1910 |
Baar, Switzerland |
USD 13.36 Billion (2024) |
Comprehensive solutions across all areas: Concrete Admixtures, Waterproofing, Sealing, Bonding, Flooring, and Structural Repair/Protection. |
|
Henkel AG & Co. KGaA |
1876 |
Düsseldorf, Germany |
USD 23.29 Billion (2023) |
Strong leadership in Adhesives, Sealants, and Surface Treatment (Pattex, Loctite, Ceresit brands), serving construction professionals and DIY markets. |
|
Mapei S.p.A. |
1937 |
Milan, Italy |
USD 4.5 Billion (2023) |
Focused specialist in products for building industry: Adhesives and Auxiliary Products for laying floors and wall coverings, Waterproofing, and Concrete Restoration. |
|
Arkema SA |
2004 |
Colombes, France |
USD 10.33 Billion (2023) |
Provides specialty materials, including High-Performance Polymers and Additives used in construction chemicals, coatings, adhesives, and sealants (Bostik brand). |
|
RPM International Inc. |
1947 |
Medina, USA |
USD 7.26 Billion (2023) |
Diverse portfolio of specialty coatings, sealants, and building materials (Tremco, Carboline, CPG Inc. brands) for commercial and industrial construction. |
|
Saint-Gobain (through Chryso/GCP Applied Technologies) |
1665 |
Courbevoie, France |
USD 51.5 Billion (2023) |
A world leader in light and sustainable construction, expanding its chemical presence through the acquisitions of Chryso and GCP Applied Technologies (admixtures, cement additives, waterproofing). |
|
BASF SE |
1865 |
Ludwigshafen, Germany |
USD 74.57 Billion (2023) |
Major global chemical supplier. Their remaining construction portfolio focuses on Performance Chemicals and raw materials/intermediates used by other construction chemical manufacturers. |
|
W. R. Grace & Co. (now a part of Standard Industries) |
1854 |
Columbia, USA |
USD 1.73 Billion (2020) |
Global leader in Concrete Admixtures, Cement Additives, and specialty construction materials. Strong focus on improving concrete performance and durability. (Revenue is historical pre-acquisition). |
|
Pidilite Industries Ltd. |
1959 |
Mumbai, India |
USD 1.54 Billion (2024) |
Dominant player in India/South Asia (Fevicol, Dr. Fixit brands), specializing in Adhesives, Waterproofing, and Construction/Polymer Emulsions. |
|
Fosroc International Ltd. |
1930 |
Dubai, UAE |
USD 487 Million (2024) |
Pure-play construction chemicals specialist with a global footprint, offering solutions for concrete repair, waterproofing, joint sealants, and protective coatings. |
Sika is the global leader in the manufacture of construction chemicals. The acquisition of MBCC Group (formerly BASF Construction Chemicals) has further solidified Sika's global dominance in this area. The company's strategy focuses primarily on offering system solutions to retailers and builders throughout the entire life cycle of a structure. From foundation to roofing, Sika provides product solutions that meet the needs of all phases of construction.
As of October 2023, Henkel is one of the world's leading suppliers of construction chemicals due to its Adhesive Technologies Segment. The company produces and manufactures high-impact adhesives, sealants and functional coatings. Henkel markets its products under the Pattex, Loctite, and Ceresit brands to cover both the construction professional and DIY segments.
Mapei is an Italian specialized chemical company that has grown to be a global leader in the manufacture of products for the installation of flooring, tiling, and wall coverings. Mapei specializes in the manufacture of adhesives, mortars, grouts, and waterproofing systems specifically created to install ceramic, stone and resilient flooring.
Arkema is a manufacturer of specialty materials and chemicals. The company is affiliated with Bostik, a subsidiary of Arkema, who is primarily responsible for Arkema's presence in the construction chemical area. Bostik specializes in smart adhesives and provides a wide range of high-performance adhesives and sealants for both home improvement and professional construction.
RPM International Inc. is an international company with a wide variety of offerings, organized into groups, with the largest group, known as the Construction Products Group, focused on the manufacture of specialty coatings, sealants and building materials for industrial/commercial use.
Saint-Gobain has become a major construction chemicals producer as a result of its acquisition of the French Company Chryso that builds cement additives and admixtures and GCP Applied Technologies in the U.S. that produces additives and admixtures.
BASF, the world’s leading chemical company, has greatly reduced its involvement in the development of construction chemicals through the sale of its dedicated business unit for the development of construction chemicals (which BASF sold to Sika) to create a new company called MBCC Group. The remaining activities that BASF has within this market include providing the Performance Chemical and Raw Material components to support other companies developing and manufacturing construction chemicals listed above.
By being part of Standard Industries, Historical W. R. Grace was an essential Cement Additives and Concrete Admixtures worldwide. Historically, W.R. Grace was involved in the production of technology to improve the properties of concrete; such as it's flowability, that can be achieved quickly and long-term.
Pidilite Industries Ltd. has a presence as an industry leader throughout South Asia and India as a producer and supplier of consumer and specialty chemicals. The company’s flagship product, Dr. Fixit, is an umbrella brand associated with waterproofing, repairing roof leaks, protecting structural elements from moisture intrusion.
("Fosroc") is a manufacturer of construction chemicals that operates exclusively as a specialist brand. The company has a significant amount of market share globally, particularly in the Middle East and Asia. Fosroc is now owned by Saint-Gobain, which provides an opportunity for the two companies to consolidate their respective market shares into one single entity.
The global construction chemicals market is driven by infrastructure development, urbanization, and rapid expansion of residential construction in emerging and developed economies. Increasing demand for high performance materials that are being improved. In conclusion, the global construction chemicals market is poised for continued growth as the demand for sustainable, efficient and environmentally responsible construction solutions increases in both the housing and infrastructure sectors. Ongoing urbanization, government-driven infrastructure initiatives, and stringent quality and sustainability standards reinforce the role of advanced chemical formulations in modern manufacturing.
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The construction chemicals market is expected to experience a CAGR of 6.4% from 2025 to 2032 - forecast to increase from USD $50.6 billion in 2024 to USD $83.2 billion in 2032, mainly due to the continuing trends of urbanization and infrastructure expansion.
Concrete admixtures are leading the global construction chemicals market, because it expands and improves the properties related to strength, durability, and sustainability of concrete within urban infrastructure, particularly in growing regions including Asia-Pacific and the Middle-East.
Green chemistry is introducing bio-based additives that reduce VOC emissions by more than 80%. Innovations in plant-based resins and eco-membranes that achieve the LEED, BREEAM and circular economy objectives propelled sustainable construction at unprecedented speed around the world.
Eco-friendly construction chemicals, such as low-VOC adhesives and bio-based waterproofing agents improve indoor air quality and energy efficiency and can address LEED and BREEAM criteria to get their buildings to meet green certification standards.
Asia Pacific is the top construction chemicals market because the region is experiencing rapid urbanization as the annual need for infrastructure is $1.7 trillion, and many of these projects are government-led green initiatives. With strong regional players and developments related to smart cities, the demand for high-performance construction chemicals will continue to accelerate.
Japan is a country that is focused on building earthquake-resilient structures and is driving demand for specialized waterproofing and anti-corrosion construction chemicals. In 2023, the government has allocated $75 billion to its planned public works program in the near term. Corporations such as Nippon Paint have recently expanded their production of compounds that meet seismic-mitigation qualities.
Waterproofing agents will help protect buildings from moisture damage and prolong their structure, while enabling compliance for green benchmarks. They are vital agents to include, especially in infrastructure jobs where the work may be subject to extreme elements or longevity is a central factor.
Innovations include hybrid products like Mapei’s Mapeflex MS 55, which brings silicone and polyurethane together to provide elasticity, durability, and eco-friendliness. Many of these products bring versatility to construction products. They can be applied on professional work sites or for households across a variety of surface applications.
Strategic mergers & acquisitions, such as Saint-Gobain's recent acquisition of FOSROC for $1.025 billion, allow companies to obtain global reach and a sustainable portfolio. Opportunities like these allow companies to better their competitiveness against economy-wide issues, while making it easier to serve emerging markets.
Concrete admixtures will improve workability, cure time, and strength, all very important in urban settings with considerable deadline pressures. Also, as multiple construction industries set green goals, including admixtures reduces the carbon footprint, which will become critical for sustainable (green), performance (high quality) infrastructure.
Global Construction Chemicals Market size was valued at USD 50.65 Billion in 2024 and is poised to grow from USD 53.89 Billion in 2025 to USD 88.52 Billion by 2033, growing at a CAGR of 6.4% in the forecast period (2026–2033).
The construction chemicals industry is marked by strategic M&A, regional capacity expansion, and green product innovation. In 2023, Sika AG completed its €5.3 billion acquisition of MBCC Group, significantly expanding its global reach and sustainable product portfolio. JSW Cement entered the Indian construction chemicals segment in 2024, aiming to tap into its pan-India distribution network and infrastructure boom. Meanwhile, Henkel AG invested €130 million in a new production facility in Serbia in 2023 to scale eco-friendly adhesives. These moves highlight fierce competition through vertical integration and ESG-aligned innovation. 'ACC Ltd (India)', 'JSW Group (India)', 'MAPEI S.p.A. (Italy)', 'Sika AG (Switzerland)', 'Ashland, Inc. (United States)', 'Arkema SA (France)', 'Evonik Industries (Germany)', 'Henkel AG & Co. KGaA (Germany)', 'Dow Chemical Company (United States)', 'Thermax Group (India)', 'Compagnie de Saint-Gobain SA (Brazil)', 'Chembond Chemicals Limited (India)', 'Cera-Chem Pvt. Ltd. (India)', 'SWC Brother Company Limited (Thailand)', 'BASF SE (Germany)', 'RPM International Inc. (United States)', 'Standard Industries Ltd (India)'
The global rise in urbanization is fueling large-scale infrastructure projects, especially in emerging economies. According to the United Nations (2023), 68% of the world’s population is projected to live in urban areas by 2050, up from 56% in 2020. India’s government, through initiatives like the National Infrastructure Pipeline (NIP), plans to invest over INR 111 lakh crore ($1.4 trillion) by 2025. This massive urban expansion is driving demand for concrete admixtures, waterproofing systems, and repair chemicals to meet quality, longevity, and sustainability requirements in modern infrastructure. In 2024, Sika AG supplied its advanced concrete admixtures and sealants for the Mumbai Coastal Road Project, one of India’s largest urban infrastructure developments, highlighting real-time adoption of performance-enhancing construction chemicals.
Circular Construction and Low-Carbon Formulations: Manufacturers are increasingly adopting circular economy models, such as using industrial byproducts in admixtures. In 2023, Saint-Gobain’s Weber division expanded its low-carbon mortars using recycled aggregates, helping reduce carbon emissions by up to 40%.
Asia-Pacific leads the global construction chemicals market, driven by rapid urbanization, massive infrastructure projects, and favorable government initiatives. Countries like China, India, and those in Southeast Asia are tremendously investing in the building of residential, commercial, and industrial space. The Asian Development Bank estimates that Asia faces an annual $1.7 trillion financing needs for infrastructure until 2030. In addition, there is growing market acceptance for green buildings and high-performance materials in earthquake- affected areas, which further drives product usage. Supply is also bolstered by the presence of important regional players such as MAPEI (India), Sika and Nippon Paint Holdings. On top of that, public-private collaborations for transport and housing development throughout APAC also increase the overall market for construction chemicals.
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