Construction Additives Market by Type (Chemical (Plasticizers, Air-entraining, Waterproofing, Retarding agent), Mineral, Fiber), End-Use Sector (Residential, Commercial, Infrastructure), and Region - Global Forecast to 2029
Construction Additives Market
The global construction additives market is valued at USD 35.3 billion in 2024 and is projected to reach USD 49 billion by 2029, growing at 7.0% cagr from 2024 to 2029.
The construction industry is undergoing continuous evolution, fuelled by technological advancements and an increased emphasis on sustainability. The growing demand for enhanced aesthetics in both residential and infrastructure projects has led architects and engineers to innovate concrete designs for various uses. Construction additives, including chemical, mineral, and fibre types are now widely accepted in the industry which allows designers to modify and improve the physical and chemical properties of concrete. These additives enhance key characteristics such as compressive strength, durability, surface finish, and resistance to adverse weather conditions without compromising the quality of concrete structures.
Attractive Opportunities in the Construction Additives Market
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Source: Expert Interviews, Secondary Sources, and MarketsandMarkets Analysis
Construction Additives Market Dynamics
Driver: Rapid urbanization and infrastructure development
The global trend of rapid urbanization has led to a significant increase in construction activities, particularly in developing countries. In 2022, G20 central governments allocated nearly USD 1 trillion for infrastructure investment, equivalent to around 1% of total G20 GDP or 4.6% of total G20 central government budget expenditure. This urban growth necessitates the construction of residential, commercial, and infrastructure projects, which in turn increases the demand for construction additives.
Governments worldwide are heavily investing in infrastructure development, including roads, bridges, and public transport systems, which require high-quality materials enhanced by additives. Additionally, according to Oxford Economics/Haver Analytics, there will be a rise in CAGR growth in the construction industry across the globe.
Restraint: Price Volatility of Raw Materials
The construction additives market is heavily influenced by the volatility of raw material prices. Changes in costs directly impact production expenses, making it challenging for manufacturers to maintain consistent pricing for their products. Material price fluctuations have led to significant delays in construction projects, as contractors struggle to obtain necessary materials at stable prices. Many construction professionals entered contracts without anticipating the extent of these variations, resulting in disputes and potential project halts. This uncertainty has prompted some developers to postpone or suspend planned projects, further affecting the demand for construction additives.
Opportunity: Development of new products & services
The construction additives market is shifting towards innovative solutions that enhance performance and sustainability. Recent developments include eco-friendly additives made from recycled and biobased materials, which reduce environmental impact while improving concrete's durability and strength. For instance, AlterBiota's hydrous bio-graphene oxide (hBGO) enhances concrete performance and lowers carbon footprints without requiring changes to existing practices. Also, the use of nanomaterials is increasing, as they improve mechanical and thermal properties, enabling self-healing and self-cleaning capabilities. These advancements offer significant opportunities for companies to differentiate themselves and meet the rising demand for sustainable building solutions.
Challenge: Established Infrastructure in Developed Countries
In developed regions, the focus has shifted from new construction to maintenance and upgrades of existing infrastructure due to well-established capacity. The OECD has highlighted diminishing returns on new investments in these countries, particularly in North America and Europe. The emphasis on maintaining older infrastructure often involves using traditional materials and methods, limiting the adoption of new additives that could enhance performance and sustainability. This reliance on established infrastructure creates challenges for the growth of the construction industry, affecting the demand for construction additives and restricting opportunities for manufacturers to introduce innovative solutions in developed countries.
Construction Additives Market Ecosystem
By Type, chemical additives has the largest market share in the forecast period
In 2023, the chemical additives segment captured the largest share (62%) of the global concrete admixtures market by value. These additives are widely utilized in the construction industry for their ability to enhance properties of concrete and mortar, such as workability, setting time, and durability. Their versatility allows them to be customized for specific project needs, making them essential in modern construction practices. The growing demand for high-performance concrete in infrastructure projects, along with an increasing focus on sustainability and cost-effectiveness, has further driven the growth of the chemical additives segment.
Residential accounts for largest segment in the construction additives market
In 2023, the residential sector emerged as the largest end-use industry in the construction additives market, accounting for 44.3% of the market share by value. This prominence is driven by a rise in housing development projects, spurred by urbanization and the demand for affordable housing solutions. As builders and homeowners prioritize energy efficiency, and durability, construction additives are essential in meeting these needs. The focus on high-quality living spaces has increased interest in additives that enhance concrete strength, lower maintenance costs, and support eco-friendly building practices, positioning the residential sector as a key driver of innovation in the construction additives market.
Asia Pacific dominated the market in 2023
In 2023, Asia Pacific was the largest construction additives market by value and is projected to be the fastest growing from 2024 to 2029. This is driven by high economic development, rising population, rapid urbanization, and significant investments across residential, commercial, and infrastructure sectors. Government initiatives aimed at improving infrastructure and housing quality further stimulate the market. As the region evolves economically the demand for innovative construction solutions supporting large-scale projects and meeting modern building standards is expected to remain strong, cementing Asia Pacific's position as the leading construction additives market.
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Construction Additives Market Players
The construction additives market comprises key manufacturers such as Sika AG (Switzerland), Saint-Gobain S.A. (France), MAPEI S.p.A. (Italy), Dow (US), and BASF (Germany), RPM International (US), Evonik Industries (Germany), W. R. Grace and Co. (US), CICO Group (India) and others. Expansions, collaborations, and acquisitions were some of the major strategies adopted by these key players to enhance their positions in the Construction additives market. A major focus was given to expansions.
Construction Additives Market Scope
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Report Metric |
Details |
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Market size available for years |
2021-2029 |
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Base year considered |
2023 |
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Forecast Period |
2024-2029 |
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Forecast Units |
Value (USD million/USD Billion) and Volume (Kiloton) |
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Segments Covered |
Type, End-use industry, and Region |
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Geographies Covered |
North America, Asia Pacific, Europe, Middle East & Africa, and South America |
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Companies covered |
Sika AG (Switzerland), Saint-Gobain S.A. (France), MAPEI S.p.A. (Italy), Dow (US), and BASF (Germany), RPM International (US), Evonik Industries (Germany), W. R. Grace and Co. (US), CICO Group (India) and others |
Construction Additives Market, By Type
- Chemical Additives
- Mineral Additives
- Fiber Additives
Construction Additives Market, By End-Use Industry
- Residential
- Commercial
- Infrastructure
Construction Additives Market, By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Recent Developments
- In March 2024, Sika acquired Kwik Bond Polymers, LLC (KBP) (US), a manufacturer of polymer systems for concrete infrastructure refurbishment.
- In February 2024, Sika has acquired Vinaldom, S.A.S in the Dominican Republic, a company known for providing high-quality concrete construction products for decades.
- In March 2022, Dow announced a new product extension of VORASURF Silicone Surfactants with a specific focus on spray and construction applications.
- In March 2023, RPM International Inc. announced that its RPM Performance Coatings Group acquired certain assets of Southwest Fireproofing Products Co. (Mexico).
- In June 2022, RPM International Inc. announced that its subsidiary Tremco CPG Europe acquired Colux GmbH (Germany), a developer and producer of innovative pigments and colorants.
- In February 2021, W. R. Grace & Co. acquired the Fine Chemistry Services business, which was previously Albemarle.
- In September 2023, Mapei S.p.A. launched new UltraCare range dedicated to protecting, maintaining and caring for surfaces.
- In February 2024, Mapei S.p.A. announced acquisition of Profilpas Group which manufactures in Italy and Poland at its two sites in Cadoneghe and Kutno.
Frequently Asked Questions (FAQ):
What are the major drivers influencing the growth of the Construction Additives market?
The two main factors driving Construction Additives growth are the infrastructure development and rapid urbanization.
What are the major challenges in the Construction Additives market?
The Construction additives market's main obstacles is established infrastructure in developed countries.
What are the different applications of Construction Additives?
Construction additives are used in many different end-use sectors, including residential, commercial, and infrastructure. They are incorporated in building materials like mortar, cement and concrete to enhance the properties of construction materials.
What are the industry trends in Construction Additives?
The construction additives market is witnessing a significant trend towards innovative solutions that modify construction materials for enhanced performance and sustainability.
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The study involved four major activities for estimating the current global size of the construction additives market. Exhaustive secondary research was conducted to gather information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of construction additives through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the construction additives market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.
Secondary Research
In the secondary research process, various secondary sources such as Business Standard, Bloomberg, World Bank, and Factiva were referred to, to identify and collect information for this study on the construction additives market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.
Primary Research
Various primary sources from both the supply and demand sides of the construction additives market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the construction additives industry. The breakdown of the profiles of primary respondents is as follows:.
Breakdown of Primary Participants
Note: Companies are classified based on their revenue–Tier 1 = >USD 7 billion, Tier 2 = USD 500 million to USD 7 billion, and Tier 3 =
Others include sales, marketing, and product managers.
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the global size of the construction additives market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:
- The key players were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The research includes the study of reports, reviews, and newsletters of key industry players, along with extensive interviews with key officials, such as directors and marketing executives.
Construction Additives Market: Bottom-Up Approach
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Construction Additives Market: Top-Down Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the construction additives market. The data was triangulated by studying various factors and trends from both the demand- and supply-side. In addition, the market size was validated by using both the top-down and bottom-up approaches. Then, it was verified through primary interviews. Hence, for every data segment, there are three sources—top-down approach, bottom-up approach, and expert interviews. The data were assumed to be correct when the values arrived at from the three sources matched.
Market Definition
Construction additives are substances added to construction materials like concrete, cement, and mortar to enhance their properties. They improve characteristics such as strength, durability, workability, and resistance to environmental factors like water and heat.These additives find applications in various construction projects, including residential commercial, and infrastrcture. Key trends include technological advancements in production, expanding ready-mix concrete (RMC) in developing countries, and the development of high-impact innovative solutions that modify construction materials.
Key Stakeholders
- Construction Additives Manufacturers
- Construction Additives Suppliers
- Construction Companies
- Raw Material Suppliers
- Research & development entities
- Industry associations and regulatory bodies
- End Users
Research Objectives
- To estimate and forecast the construction additives market, in terms of value and volume
- To provide detailed information regarding the drivers, opportunities, restraints, and challenges influencing market growth
- To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growth
- To define, describe, and forecast the market size, based on grade, form, end-use industry, and region
- To forecast the market size along with segments and submarkets, in key regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America along with their key countries
- To strategically analyze micro markets, for individual growth trends, prospects, and their contribution to the total market
- To analyze growth opportunities in the market for stakeholders and provide details on the competitive landscape for market leaders
- To strategically profile key players and comprehensively analyze their market shares and core competencies
- To analyze competitive developments, such as merger & acquisition, expansion & investment, and agreements in the construction additives market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs. The following customization options are available for the construction additives report:
Product Analysis
- Product matrix, which provides a detailed comparison of the market for different forms of construction additives
Regional Analysis
- A further breakdown of the construction additives market for additional countries
Company Information
- Detailed analysis and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Construction Additives Market