Europe Construction Chemicals Market Forecast to 2028 – COVID

Europe Construction Chemicals Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Concrete Admixtures, Asphalt Additives, Waterproofing Chemicals, Adhesives and Sealants, Flame Retardants, and Others) and Application (Residential, Commercial, Industrial, Institutional, and Infrastructure)

Report Code : BMIRE00027512 | Region : Europe | Industry : Chemicals and Materials | Published Date : 18/Nov/2022

The construction chemicals market in Europe is expected to grow from US$ 12,106.40 million in 2022 to US$ 16,061.90 million by 2028. It is estimated to grow at a CAGR of 4.8% from 2022 to 2028.

Development and Adoption of Innovative Products such as Ready-Mix Concrete

Ready-mix concrete is a concrete that is batched for delivery from a central plant instead of being mixed on the job site. It is ideal for many jobs. Ready-mix concrete is particularly beneficial when small quantities of concrete or intermittent placing of concrete are required. It is also ideal for large jobs where space is limited and there is little room for a mixing plant and aggregate stockpiles. There are several advantages of ready-mix concrete, making it a more viable and efficient alternative to site-mix concrete. Ready-mix concrete circumvents the messy and long-drawn task of producing the concrete onsite. With the better handling practices and proper mixing, the consumption of cement can be reduced by nearly 10% to 12%. Ready-mix concrete helps save on capital investments by not having to invest in plants and machinery for cement. All these benefits contribute to the increasing use of ready-mix concrete in various construction activities. Various cities are increasingly changing the traditional dynamics with growing ready-mix concrete penetration. Therefore, the development and adoption of innovative products such as ready-mix-concrete is predicted to offer lucrative opportunities for the Europe construction chemicals market growth during the forecast period.

Market Overview

Germany, France, Italy, UK, Russia, and rest of Europe are the key contributors to the construction chemicals market in the Europe. Europe's construction sector had a consistent expansion, fueled by a rising population. Also, rapid shifts in the remodelling business trends, such as remodelling for accessibility, style mashing-up, customizations, and technological integrations, are likely to increase the business expansion. Architects and developers in Europe are producing new, innovative elite housing concepts to furnish such demand. Construction chemicals are used in considerable quantities to overcome the contest in new and innovative elite housing projects. Elite housing also changed with emerging technologies in construction. Thus, the advantages associated with construction chemicals, along with expansion in the public and private building sectors, are the primary drivers of construction chemicals market growth in the area. The restoration of old buildings in countries such as Italy and Spain propelling the development of the European construction chemicals market. Several companies have launched innovative products and services to reduce carbon footprint and use environment-friendly construction chemical product types. For Instance, In May 2021, CHRYSO launched EnviroMix; innovative products and services are aimed at controlling and reducing the carbon footprint of concrete, dedicated to the ready-mix and precast concrete industries. The rising middle-class population and increasing disposable incomes have expanded the middle-class housing segment, which may enhance the demand for construction chemicals during the forecast period. Thus, increasing residential construction in Europe is expected to positively impact the Europe construction chemicals market during the forecast period.

Europe Construction Chemicals Market Segmentation

The Europe construction chemicals market is segmented into product, application, and country.

Based on product, the market is segmented into concrete admixtures, asphalt additives, waterproofing chemicals, adhesives and sealants, flame retardants, and others. The concrete admixtures segment registered the largest market share in 2022.

Based on application, the market is segmented into residential, commercial, industrial, institutional, and infrastructure. The residential segment held a larger market share in 2022.

Based on country, the market is segmented into Germany, France, Italy, the UK, Russia, and rest of Europe. The UK dominated the market share in 2022.

Ashland Global Holdings Inc; BASF SE; MAPEI S.p.A; Sika AG; Compagnie de Saint-Gobain S.A.; Pidilite Industries Limited; RPM International Inc; Fosroc, Inc; and Dow Chemicals Company are the leading companies operating in the construction chemicals market in the Europe region.

At 4.8% CAGR, the Europe Construction Chemicals Market is speculated to be worth US$ 16,061.90 million by 2028, says The Insight Partners

According to the Insight Partners’ research, the Europe construction chemicals market was valued at US$ 12,106.40 million in 2022 and is expected to reach US$ 16,061.90 million by 2028, registering an annual growth rate of 4.8% from 2022 to 2028. Growing demand for green buildings and development and adoption of innovative products such as ready-mix concrete are the critical factors attributed to the market expansion.

The construction chemicals help to improve the overall quality and durability of the buildings. These chemicals increase the overall life of the construction work and provides protection against environmental hazards. The environmental benefits of construction chemicals are far greater. The construction chemicals add more strength to the buildings and also helps bring down the volume of water and cement used in the construction process at an exceptional rate. In recent years, there is a growing demand for green buildings. According to experts in environmental studies, near about 40% of the greenhouse gases and wastes come from the construction industry. The construction industry is a resource-intensive industry and constructing a building consumes a lot of natural resources. Hence, there has been an increase in demand for buildings that add aesthetic value to the location as well as the building are examples of sustainable development. Green buildings cause a negligible impact on the natural environment of the project site. As a result, there is a growing demand for green buildings. With this, the adoption of the construction chemicals in the construction industry is growing. The factors such as the growing awareness of the environmental effects of conventional buildings and changes in government policies across the region are leading to the large-scale adoption of construction chemicals for buildings. Major players operating in the construction industry are also paying high attention on Leadership in Energy and Environmental Design (LEED) ratings, green points, and sustainable buildings. Hence, the trend of a growing demand for green buildings is expected to fuel the Europe construction chemicals market growth during the forecast period.

On the contrary, fluctuating cost of raw materials and energy hurdles the growth of the Europe construction chemicals market.

Based on product, the Europe construction chemicals market is segmented into concrete admixtures, asphalt additives, waterproofing chemicals, adhesives and sealants, flame retardants, and others. The concrete admixtures segment held 29.2% market share in 2022, amassing US$ 3,530.69 million. It is projected to garner US$ 4,971.19 million by 2028 to expand at 5.9% CAGR during 2022–2028.

Based on application, the Europe construction chemicals market is segmented into residential, commercial, industrial, institutional, and infrastructure. The residential segment held 31.8% market share in 2022, amassing US$ 3,844.32 million. It is projected to garner US$ 5,343.98 million by 2028 to expand at 5.6% CAGR during 2022–2028.

Based on country, the Europe construction chemicals market has been categorized into Germany, France, Italy, the UK, Russia, and rest of Europe. Our regional analysis states that the UK captured 21.1% market share in 2022. It was assessed at US$ 2,558.08 million in 2022 and is likely to hit US$ 3,503.10 million by 2028, exhibiting a CAGR of 5.4% during the forecast period.

Key players profiles in the Europe construction chemicals market report are Ashland Global Holdings Inc; BASF SE; MAPEI S.p.A; Sika AG; Compagnie de Saint-Gobain S.A.; Pidilite Industries Limited; RPM International Inc; Fosroc, Inc; and Dow Chemicals Company, among others.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Construction Chemicals Market, by Product

1.3.2 Europe Construction Chemicals Market, by Application

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Europe Construction Chemicals Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Construction Chemicals Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Strong Growth of the Construction Industry

5.1.2 Government Support for the Development of Residential Construction Sector

5.2 Market Restraints

5.2.1 Fluctuating Cost of Raw Materials and Energy

5.3 Market Opportunities

5.3.1 Development and Adoption of Innovative Products such as Ready-Mix Concrete

5.4 Future Trends

5.4.1 Growing Demand for Green Buildings

5.5 Impact Analysis of Drivers and Restraints

6. Construction Chemicals –Europe Market Analysis

6.1 Europe Construction Chemicals Market –Revenue and Forecast to 2028 (USD Million)

7. Europe Construction Chemicals Market Analysis – By Product

7.1 Overview

7.2 Europe Construction Chemicals Market, By Product (2021 and 2028)

7.3 Concrete Admixtures

7.3.1 Overview

7.3.2 Concrete Admixtures: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Asphalt Additives

7.4.1 Overview

7.4.2 Asphalt Additives: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Waterproofing Chemicals

7.5.1 Overview

7.5.2 Waterproofing Chemicals: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Adhesives and Sealants

7.6.1 Overview

7.6.2 Adhesives and Sealants: Construction Chemicals Market– Revenue and Forecast to 2028 (US$ Million)

7.7 Flame Retardants

7.7.1 Overview

7.7.2 Flame Retardants: Construction Chemicals Market– Revenue and Forecast to 2028 (US$ Million)

7.8 Others

7.8.1 Overview

7.8.2 Others: Construction Chemicals Market– Revenue and Forecast to 2028 (US$ Million)

8. Europe Construction Chemicals Market Analysis – By Application

8.1 Overview

8.2 Europe Construction Chemicals Market, By Application (2021 and 2028)

8.3 Residential

8.3.1 Overview

8.3.2 Residential: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Commercial

8.4.1 Overview

8.4.2 Commercial: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Industrial

8.5.1 Overview

8.5.2 Industrial: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Institutional

8.6.1 Overview

8.6.2 Institutional: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Infrastructure

8.7.1 Overview

8.7.2 Infrastructure: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe Construction Chemicals Market – Country Analysis

9.1 Overview

9.1.1 Europe: Construction Chemicals Market, by Key Country

9.1.1.1 Germany: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Germany: Construction Chemicals Market, By Product

9.1.1.1.2 Germany: Construction Chemicals Market, by Application

9.1.1.2 France: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 France: Construction Chemicals Market, By Product

9.1.1.2.2 France: Construction Chemicals Market, by Application

9.1.1.3 Italy: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Italy: Construction Chemicals Market, By Product

9.1.1.3.2 Italy: Construction Chemicals Market, by Application

9.1.1.4 UK: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 UK: Construction Chemicals Market, By Product

9.1.1.4.2 UK: Construction Chemicals Market, by Application

9.1.1.5 Russia: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 Russia: Construction Chemicals Market, By Product

9.1.1.5.2 Russia: Construction Chemicals Market, by Application

9.1.1.6 Rest of Europe: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of Europe: Construction Chemicals Market, By Product

9.1.1.6.2 Rest of Europe: Construction Chemicals Market, by Application

10. Company Profiles

10.1 Ashland Global Holdings Inc.

10.1.1 Key Facts

10.1.2 Business Description

10.1.3 Products and Services

10.1.4 Financial Overview

10.1.5 SWOT Analysis

10.1.6 Key Developments

10.2 BASF SE

10.2.1 Key Facts

10.2.2 Business Description

10.2.3 Products and Services

10.2.4 Financial Overview

10.2.5 SWOT Analysis

10.2.6 Key Developments

10.3 MAPEI S.p.A.

10.3.1 Key Facts

10.3.2 Business Description

10.3.3 Products and Services

10.3.4 Financial Overview

10.3.5 SWOT Analysis

10.3.6 Key Developments

10.4 Sika AG

10.4.1 Key Facts

10.4.2 Business Description

10.4.3 Products and Services

10.4.4 Financial Overview

10.4.5 SWOT Analysis

10.4.6 Key Developments

10.5 Fosroc, Inc.

10.5.1 Key Facts

10.5.2 Business Description

10.5.3 Products and Services

10.5.4 Financial Overview

10.5.5 SWOT Analysis

10.5.6 Key Developments

10.6 Compagnie de Saint-Gobain S.A.

10.6.1 Key Facts

10.6.2 Business Description

10.6.3 Products and Services

10.6.4 Financial Overview

10.6.5 SWOT Analysis

10.6.6 Key Developments

10.7 Pidilite Industries Limited

10.7.1 Key Facts

10.7.2 Business Description

10.7.3 Products and Services

10.7.4 Financial Overview

10.7.5 SWOT Analysis

10.7.6 Key Developments

10.8 RPM International Inc.

10.8.1 Key Facts

10.8.2 Business Description

10.8.3 Products and Services

10.8.4 Financial Overview

10.8.5 SWOT Analysis

10.8.6 Key Developments

10.9 Dow Chemicals Company

10.9.1 Key Facts

10.9.2 Business Description

10.9.3 Products and Services

10.9.4 Financial Overview

10.9.5 SWOT Analysis

10.9.6 Key Developments

11. Appendix

11.1 About The Insight Partners

11.2 Word Index

LIST OF TABLES.

Table 1. Europe Construction Chemicals Market –Revenue and Forecast to 2028 (USD Million)

Table 2. Germany Construction Chemicals Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany Construction Chemicals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4. France Construction Chemicals Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 5. France Construction Chemicals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. Italy Construction Chemicals Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 7. Italy Construction Chemicals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. UK Construction Chemicals Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 9. UK Construction Chemicals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10. Russia Construction Chemicals Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 11. Russia Construction Chemicals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of Europe Construction Chemicals Market, By Product – Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of Europe Construction Chemicals Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. List of Abbreviation

LIST OF FIGURES.

Figure 1. Europe Construction Chemicals Market Segmentation

Figure 2. Europe Construction Chemicals Market Segmentation – By Country

Figure 3. Europe Construction Chemicals Market Overview

Figure 4. Europe Construction Chemicals Market, By Product

Figure 5. Europe Construction Chemicals Market, By Country

Figure 6. Europe Porter’s Five Forces Analysis

Figure 7. Europe Ecosystem: Construction Chemicals Market

Figure 8. Expert Opinion

Figure 9. Europe Construction Chemicals Market Impact Analysis of Driver and Restraints

Figure 10. Europe Construction Chemicals Market – Revenue and Forecast to 2028 (USD Million)

Figure 11. Europe Construction Chemicals Market Revenue Share, By Product (2021 and 2028)

Figure 12. Europe Concrete Admixtures: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13. Europe Asphalt Additives: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14. Europe Waterproofing Chemicals: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15. Europe Adhesives and Sealants: Construction Chemicals Market– Revenue and Forecast To 2028 (US$ Million)

Figure 16. Europe Flame Retardants: Construction Chemicals Market– Revenue and Forecast To 2028 (US$ Million)

Figure 17. Europe Others: Construction Chemicals Market– Revenue and Forecast To 2028 (US$ Million)

Figure 18. Europe Construction Chemicals Market Revenue Share, By Category (2021 and 2028)

Figure 19. Europe Residential: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 20. Europe Commercial: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21. Europe Industrial: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 22. Europe Institutional: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23. Europe Infrastructure: Construction Chemicals Market – Revenue and Forecast To 2028 (US$ Million)

Figure 24. Europe: Construction Chemicals Market, by Key Country- Revenue (2021) (US$ Million)

Figure 25. Europe: Construction Chemicals Market Revenue Share, by Key Country (2021 and 2028)

Figure 26. Germany: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. France: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Italy: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. UK: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Russia: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Rest of Europe: Construction Chemicals Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Europe Construction Chemicals Market

● Ashland Global Holdings Inc.

● BASF SE.

● MAPEI S.p.A.

● Sika AG.

● Fosroc, Inc.

● Compagnie de Saint-Gobain S.A.

● Pidilite Industries Limited.

● RPM International Inc.

● Dow Chemicals Company.

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe construction chemicals market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe construction chemicals market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the construction chemicals market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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