North America Construction Additives Market Forecast to 2030 - Regional Analysis - by Type [Cement Additives, Concrete Admixtures (Precast Concrete and Ready-Mix Concrete), Paints and Coatings Additives, Adhesives and Sealants Additives, Plastic Additives, Bitumen Additives, and Others] and Application (Residential, Commercial, Infrastructure, and Others)

BMIRE00030778 | Pages: 164 | Chemicals and Materials | Sep 2024 | Type: Regional | Status: Published

The North America construction additives market was valued at US$ 14,065.13 million in 2022 and is projected to reach US$ 21,849.34 million by 2030; it is estimated to record a CAGR of 5.7% from 2022 to 2030.

Growing Residential and Commercial Construction Fuels North America Construction Additives Market

According to the US Census Bureau, the total construction spending in the US accounted for US$ 740.8 billion during the first five months of 2023. The investment was spent on the development of offices, commercial spaces, transportation, highways, and streets. The spending on private and public construction was US$ 585.7 billion and US$ 133.8 billion, respectively, during the first five months of 2023. According to the US Census Bureau, in November 2023, the number of privately owned houses (at a seasonally adjusted annual rate) was reported as 1.56 million units, a rise of 9.3% compared to 1.43 million units in November 2022.

In February 2023, China launched an inbound investment program called the Qualified Foreign Limited Partnership (QFLP), which involved at least US$ 4.37 million of fundraising in its first round. The scheme is aimed at investing in residential and commercial housing projects. During the 14th Five-Year Plan (2021-2025) period, China plans to allocate 6.5 million government-subsidized rental homes in 40 key cities to assist an estimated 13 million people in need of affordable housing. Nearly 219,000 old residential communities constructed in urban areas before the end of 2000 will most likely be renovated by 2025 to provide more housing. In 2023, DEEM Enterprises LLC announced its plans to spend US$ 2.7 billion to build a Formula 1-style racetrack, housing, and shopping complex on the site of a former airport in New Jersey, the US. The growing residential and commercial construction are fueling the demand for different construction chemicals & materials, thereby driving the North America construction additives market growth.

North America Construction Additives Market Overview

The construction sector in North America is witnessing growth due to a robust economy and increased federal and state financing for commercial and institutional structures. According to a report published by the US Census Bureau in 2022, the spending on residential construction in the US increased from US$ 815.48 billion in 2021 to US$ 929.67 billion in 2022. Construction additives are utilized in various building & construction applications such as waterproofing, roofing, and road & pavement construction. Further, the demand for bitumen additives is increasing due to growing construction activities and rising government support for new infrastructure rehabilitation projects in the region. According to the US Department of Transportation Federal Highway Administration, the US government signed the Infrastructure Investment and Jobs Act in 2021, encompassing long-term infrastructure investment, providing US$ 550 billion over fiscal years 2022-2026 for the construction of roads, bridges, and mass transit, water infrastructure, resilience, and broadband.

North America Construction Additives Market Revenue and Forecast to 2030 (US$ Million)

North America Construction Additives Market Revenue and Forecast to 2030 (US$ Million)

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North America Construction Additives Market Segmentation

The North America construction additives market is categorized into type, application, and country.

Based on type, the North America construction additives market is segmented into cement additives, concrete admixtures, precast concrete, ready-mix concrete, paints and coatings additives, adhesives and sealants additives, plastic additives, bitumen additives, and others. The cement additives segment held the largest market share in 2022.

In terms of application, the North America construction additives market is categorized into residential, commercial, infrastructure, and others. The residential segment held the largest market share in 2022.

By country, the North America construction additives market is segmented into the US, Canada, and Mexico. The US dominated the North America construction additives market share in 2022.

W. R. Grace & Co, Chryso SAS, Dow Inc, BASF SE, Heidelberg Materials AG, CRH Plc, Cemex SAB de CV, Sika AG, Evonik Industries AG, RPM International Inc, Mapei SpA, and Holcim Ltd. are some of the leading companies operating in the North America construction additives market.
 

TABLE OF CONTENTS

 

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

1.3 Limitations and Assumptions

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Construction Additives Market Landscape

4.1 Overview

4.2 Porter's Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.1 Threat of New Entrants

4.2.2 Intensity of Competitive Rivalry

4.2.3 Threat of Substitutes

4.3 Ecosystem Analysis

4.3.1 Raw Material Suppliers

4.3.2 Manufacturers

4.3.3 Distributors or Suppliers

4.3.4 End Users

5. North America Construction Additives Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Residential and Commercial Construction

5.1.2 Increasing Government Investments for Infrastructure Development

5.2 Market Restraints

5.2.1 Fluctuations in Raw Material Prices

5.3 Market Opportunities

5.3.1 Strategic Initiatives by Key Market Players

5.4 Future Trends

5.4.1 Development of Sustainable Construction Additives

5.5 Impact Analysis

6. Construction Additives Market - North America Analysis

6.1 North America Construction Additives Market Volume (Kilo Tons), 2020-2030

6.2 North America Construction Additives Market Volume Forecast and Analysis (Kilo Tons)

6.3 North America Construction Additives Market Revenue (US$ Million), 2022-2030

6.4 North America Construction Additives Market Forecast and Analysis

7. North America Construction Additives Market Volume and Revenue Analysis - by Type

7.1 Cement Additives

7.1.1 Overview

7.1.2 Cement Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.1.3 Cement Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.2 Concrete Admixtures

7.2.1 Overview

7.2.2 Concrete Admixtures: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.2.3 Concrete Admixtures: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.2.4 Precast Concrete

7.2.4.1 Overview

7.2.4.2 Precast Concrete: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.2.4.3 Precast Concrete: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.2.5 Ready-Mix Concrete

7.2.5.1 Overview

7.2.5.2 Ready-Mix Concrete: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.2.5.3 Ready-Mix Concrete: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.3 Paints and Coatings Additives

7.3.1 Overview

7.3.2 Paints and Coatings Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.3.3 Paints and Coatings Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.4 Adhesives and Sealants Additives

7.4.1 Overview

7.4.2 Adhesives and Sealants Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.4.3 Adhesives and Sealants Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.5 Plastic Additives

7.5.1 Overview

7.5.2 Plastic Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.5.3 Plastic Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.6 Bitumen Additives

7.6.1 Overview

7.6.2 Bitumen Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.6.3 Bitumen Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

7.7 Others

7.7.1 Overview

7.7.2 Others: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

7.7.3 Others: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

8. North America Construction Additives Market Revenue Analysis - by Application

8.1 Residential

8.1.1 Overview

8.1.2 Residential: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

8.2 Commercial

8.2.1 Overview

8.2.2 Commercial: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

8.3 Infrastructure

8.3.1 Overview

8.3.2 Infrastructure: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

8.4 Others

8.4.1 Overview

8.4.2 Others: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

9. North America Construction Additives Market - Country Analysis

9.1 North America Market Overview

9.1.1 North America Construction Additives Market Revenue and Forecast and Analysis - by Country

9.1.1.1 North America Construction Additives Market Volume and Forecast and Analysis - by Country

9.1.1.2 North America Construction Additives Market Revenue and Forecast and Analysis -by Country

9.1.1.3 US Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

9.1.1.4 US Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.4.1 US Construction Additives Market Breakdown by Type

9.1.1.4.2 US Construction Additives Market Breakdown by Application

9.1.1.5 Canada Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

9.1.1.6 Canada Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.6.1 Canada Construction Additives Market Breakdown by Type

9.1.1.6.2 Canada Construction Additives Market Breakdown by Application

9.1.1.7 Mexico Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

9.1.1.8 Mexico Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

9.1.1.8.1 Mexico Construction Additives Market Breakdown by Type

9.1.1.8.2 Mexico Construction Additives Market Breakdown by Application

10. Industry Landscape

10.1 Overview

10.2 Product launch

10.3 Mergers and Acquisitions

10.4 Expansion

10.5 Other Strategies and Developments

11. Company Profiles

11.1 W. R. Grace & Co

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Chryso SAS

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Dow Inc

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 BASF SE

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Heidelberg Materials AG

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 CRH Plc

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Cemex SAB de CV

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Sika AG

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Evonik Industries AG

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 RPM International Inc

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

11.11 Mapei SpA

11.11.1 Key Facts

11.11.2 Business Description

11.11.3 Products and Services

11.11.4 Financial Overview

11.11.5 SWOT Analysis

11.11.6 Key Developments

11.12 Holcim Ltd

11.12.1 Key Facts

11.12.2 Business Description

11.12.3 Products and Services

11.12.4 Financial Overview

11.12.5 SWOT Analysis

11.12.6 Key Developments

12. Appendix

12.1 About The Insight Partners

 

List of Tables

Table 1. North America Construction Additives Market Segmentation

Table 2. North America Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Table 3. North America Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Table 4. North America Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons) - by Type

Table 5. North America Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Type

Table 6. North America Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 7. North America Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons) - by Country

Table 8. North America Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Country

Table 9. US Construction Additives Market -Volume and Forecast to 2030 (Kilo Tons) - by Type

Table 10. US Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Type

Table 11. US Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 12. Canada Construction Additives Market -Volume and Forecast to 2030 (Kilo Tons) - by Type

Table 13. Canada Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Type

Table 14. Canada Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Application

Table 15. Mexico Construction Additives Market -Volume and Forecast to 2030 (Kilo Tons) - by Type

Table 16. Mexico Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Type

Table 17. Mexico Construction Additives Market - Revenue and Forecast to 2030 (US$ Million) - by Application

 

List of Figures

Figure 1. North America Construction Additives Market Segmentation, by Country

Figure 2. Construction Additives Market - Porter's Analysis

Figure 3. Ecosystem: Construction Additives Market

Figure 4. North America Construction Additives Market - Key Market Dynamics

Figure 5. Monthly New Residential Construction from Nov-2022 to Nov-2023, the US

Figure 6. Crude Oil Prices in Accordance with Various Geopolitical and Economic Events (2000-2023)

Figure 7. North America Construction Additives Market Impact Analysis of Drivers and Restraints

Figure 8. North America Construction Additives Market Volume (Kilo Tons), 2020-2030

Figure 9. North America Construction Additives Market Revenue (US$ Million), 2022-2030

Figure 10. North America Construction Additives Market Share (%) - Type, 2022 and 2030

Figure 11. Cement Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 12. Cement Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 13. Concrete Admixtures: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 14. Concrete Admixtures: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 15. Precast Concrete: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 16. Precast Concrete: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 17. Ready-Mix Concrete: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 18. Ready-Mix Concrete: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 19. Paints and Coatings Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 20. Paints and Coatings Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 21. Adhesives and Sealants Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 22. Adhesives and Sealants Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 23. Plastic Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 24. Plastic Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 25. Bitumen Additives: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 26. Bitumen Additives: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 27. Others: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 28. Others: Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 29. North America Construction Additives Market Share (%) - Application, 2022 and 2030

Figure 30. Residential: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 31. Commercial: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 32. Infrastructure: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 33. Others: Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 34. North America Construction Additives Market, by Key Countries - Revenue (2022) (US$ Million)

Figure 35. North America Construction Additives Market Breakdown by Key Countries, 2022 and 2030 (%)

Figure 36. US Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 37. US Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 38. Canada Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 39. Canada Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

Figure 40. Investment in building construction in Canada (2018-2023)

Figure 41. Mexico Construction Additives Market - Volume and Forecast to 2030 (Kilo Tons)

Figure 42. Mexico Construction Additives Market - Revenue and Forecast to 2030 (US$ Million)

 

  1. W. R. Grace & Co
  2. Chryso SAS
  3. Dow Inc
  4. BASF SE
  5. Heidelberg Materials AG
  6. CRH Plc
  7. Cemex SAB de CV
  8. Sika AG
  9. Evonik Industries AG
  10. RPM International Inc
  11. Mapei SpA
  12. Holcim Ltd
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America construction additives 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 North America construction additives 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 North America market trends and outlook coupled with the factors driving the North America construction additives 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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