Construction additives are synthetic or natural materials that are mixed in binding concretes, agents, and mortars, to obtain the required properties to the finished products and decrease cost. In comparison to other conventional concrete types, the additive concrete possesses useful properties including, high strength, reduce slump loss, enhances resistance, reduce water consumption of concrete, and durability, which makes it suitable for use in infrastructure components. In various countries, where additives are used widely, they have become integral part of concrete material.

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The key factors propelling the growth of the Global Construction Additive market includes high demand in developing countries, enhanced quality and properties of construction materials followed by rapid urbanization. It has been observed that more than half of the world’s population lives in urban areas, basically in highly dense areas. This transition has transformed the way of working, living, and travelling. Due to the continuous growth in population, demand for residential, commercial, and industrial areas is increasing rapidly. Such progressive demand requires construction activities, which further accelerates the demand for construction additives in the market, globally. Moreover, the investment in construction industry is increasing rapidly, where construction additives enhances the life of construction work and provides required protection from environmental hazard. The government of multiple developed and developing countries is increasing the expenditure on the construction of dams, tunnels, bridges, and roads. Therefore, increase in investment in construction sector is fuelling the growth of global Construction Additives market. However, unstable cost of energy and raw materials might hamper the growth of the market.

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Based on type, the market is segmented into chemical, mineral, and fiber. Among these, the chemical additives market is expected to grow at a higher CAGR during the forecast period. Chemical additives exhibit multiple properties, which includes reduced cost of construction, ensure quality of concrete during transporting/ mixing/placing/curing, and modifies properties of hardened concrete and overcome certain emergencies during concrete operations. Such properties of the segment are further accelerating the demand of chemical additives in the market.

Based on end-use, the market is segmented into commercial, residential, and infrastructure. Among these, the commercial segment is projected to grow at a higher CAGR during the forecast period, attributed to the high adoption of construction additives in hotels, high-rise buildings, hospitals, malls, and others. Moreover, the increasing urbanization, growing need for building eco-friendly, modern business techniques in developed and developing countries is increasing the growth of construction additives in commercial sector.

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On the basis of region, North America is projected to grow at a higher CAGR during the forecast period, attributed to high demand from the construction industry, especially in the U.S. On the other hand, Asia-Pacific is projected to grow at a higher CAGR during the forecast period. The market is expanding at higher pace due to increasing investment in infrastructure by government of multiple countries and rapid advancements in construction industry. The demand for construction additives is high in countries such as, China, Japan, and India, which is further driving the growth of the market in the region. Moreover, Middle East and Africa is also anticipated to grow at a higher CAGR during the forecast period due to high demand for commercial and residential constructions.

The major players operating in the Global Construction Additives market includes BASF SE, W.R. Grace & Company, RPM International Inc., Fosroc, Inc., Dow Inc., Sika AG, PAC Technologies, LLC, Thermax Limited, MAPEI S.p.A., and Krete Industries, Inc.

The Global Construction Additives market has been segmented based on Type, End-Use, and Region. Based on Type, the market is segmented into Chemical, Mineral, and Fiber. Based on End-Use, the market is segmented into Commercial, Residential, and Infrastructure.

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Key questions answered in this research report:

• • At what pace is the global Construction Additives market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global Construction Additives market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Construction Additives market?
  • What are the various types in global Construction Additives market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By End-Use and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	BASF SE, W.R. Grace & Company, RPM International Inc., Fosroc, Inc., Dow Inc., Sika AG, PAC Technologies, LLC, Thermax Limited, MAPEI S.p.A., and Krete Industries, Inc.; A total of 10 companies covered .
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Construction Additives Market by Type

• • Chemical
    • Plasticizers
    • Air-entraining agents
    • Retarding agents
    • Waterproofing agents
    • Others (Coloring agents, corrosion inhibitors, flame retardants, and fibers)
  • Mineral
  • Fiber

Global Construction Additives Market by End-Use

• • Residential
  • Commercial
  • Infrastructure

Global Construction Additives Market by Region

• • North America Construction Additives Market
    (Option 1: As a part of the free 25% customization)
    • North America Market by Type
    • North America Market by End-Use
    • United States of America (US) Market All-Up
    • Canada Market All-Up
  • Europe Construction Additives Market
    (Option 2: As a part of the free 25% customization)
    • Europe Market by Type
    • Europe Market by End-Use
    • United Kingdom (UK) Market All-Up
    • Germany All-Up Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Construction Additives Market
    (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Type
    • Asia-Pacific Market by End-Use
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Construction Additives Market
    (Option 4: As a part of the free 25% customization)
    • RoW Market by Type
    • RoW Market by End-Use
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Construction Additives Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice

• • BASF SE
  • W.R. Grace and Company
  • RPM International Inc.
  • Fosroc, Inc.
  • Dow Inc.
  • Sika AG
  • PAC Technologies LLC
  • Thermax Limited
  • MAPEI S.p.A.
  • Krete Industries, Inc.