Construction Repair and Rehabilitation Chemicals Market Size

Statistics for the 2023 & 2024 Construction Repair and Rehabilitation Chemicals market size, created by Mordor Intelligence™ Industry Reports. Construction Repair and Rehabilitation Chemicals size report includes a market forecast to 2030 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

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Market Size of construction repair and rehabilitation chemicals Industry

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Construction Repair and Rehabilitation Chemicals Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2018 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 2.96 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 4.33 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End Use Sector Industrial and Institutional
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 6.56 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players

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*Disclaimer: Major Players sorted in no particular order

Key Players

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Construction Repair and Rehabilitation Chemicals Market Analysis

The Construction Repair and Rehabilitation Chemicals Market size is estimated at 2.96 billion USD in 2024, and is expected to reach 4.33 billion USD by 2030, growing at a CAGR of 6.56% during the forecast period (2024-2030).

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2.96 Billion

Market Size in 2024 (USD)

4.33 Billion

Market Size in 2030 (USD)

4.75 %

CAGR (2018-2023)

6.56 %

CAGR (2024-2030)

Largest Market by Sub Product

43.95 %

value share, Injection Grouting Materials, 2023

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Due to increasing usage in various repairing applications, such as filling cracks, open joints, voids, etc., in various end-user sectors, the injection grouting materials segment has dominated the market.

Largest Market by End Use Sector

48.48 %

value share, Industrial and Institutional, 2023

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The sector has occupied the largest market share due to the high consumption of repair and rehabilitation chemicals from industrial buildings for renovation, maintenance, etc.

Largest Market by Region

36.34 %

value share, Asia-Pacific, 2023

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The region dominated the market due to growing construction industrial activity and the increasing demand for repair and rehabilitation chemicals in countries like China, India, Japan, and South Korea.

Fastest Market by Region

7.06 %

Projected CAGR, Asia-Pacific, 2024-2030

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The Asia-Pacific region is expected to grow fastest due to growing investments in infrastructure projects, government initiatives, fast-paced urbanization, and industrialization.

Leading Company

17.75 %

market share, Sika AG, 2022

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The company's broad range of high-quality products, well-established network, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.

Rising industrial construction is likely to drive the demand for repair and rehabilitation chemicals

  • The global market for repair and rehabilitation chemicals experienced a 4.72% growth in value in 2022, driven by rising demand from the commercial and industrial and institutional construction sectors. This growth was estimated to continue in 2023, with a projected rate of 4.64% compared to 2022.
  • In 2022, the industrial and institutional sector emerged as the dominant consumer, accounting for approximately 48.20% of the repair and rehabilitation chemicals market. This sector's floor area was set to expand by 9.02 billion square feet in 2023, primarily fueled by increased investments in industrial, education, and healthcare construction. Consequently, the demand for repair and rehabilitation chemicals in this sector is expected to rise by about 5.25% in 2023.
  • Looking ahead, the industrial and institutional sector is poised to maintain its growth trajectory, with a projected CAGR of 7% in value from 2023 to 2030. The global existing floor area for this sector is forecasted to reach 360 billion square feet in 2023 and further climb to 429 billion square feet by 2030, driven by heightened industrial construction investments worldwide. Furthermore, several economies such as India, Indonesia, and Vietnam have shown rapid expansion that considerably impacted the need for an industrial property to meet the demands of efficient factories in the countries. As a result, the market for repair and rehabilitation chemicals in this sector is anticipated to surge from USD 1.33 billion in 2023 to USD 2.15 billion in 2030.
  • Therefore, the market studied is expected to witness substantial growth during the forecast period.
Global Construction Repair and Rehabilitation Chemicals Market

The future of the construction repair and rehabilitation chemicals market is set to be influenced by the GDP growth of Asia-Pacific countries

  • The global construction repair and rehabilitation chemicals market witnessed a 5% increase in terms of value in 2022, driven by a surge in building and infrastructure renovations. These initiatives aimed to boost economic growth and enhance energy efficiency standards. The global construction repair and rehabilitation chemicals market is projected to record a further 4.6% growth in 2023 by value, with North America and Asia-Pacific leading the way.
  • Asia-Pacific, led by countries such as China, Japan, and India, dominates the global consumption of repair and rehabilitation chemicals. These three nations alone accounted for 28% of the market's value in 2022. Notably, micro-concrete mortars emerged as a significant contributor to the Asia-Pacific market, following injection grouting materials.
  • Europe ranks second in terms of repair and rehabilitation chemical consumption, with Germany, France, and the United Kingdom being the primary contributors. In 2022, these three countries represented nearly 47% of Europe's market value. The industrial, institutional, and infrastructure segments are the major consumers of these chemicals in Europe.
  • Asia-Pacific is projected to witness the highest growth in the construction repair and rehabilitation chemicals market, with a CAGR of 7.12% in terms of value from 2023 to 2030. This growth is likely to be fueled by the region's robust economies, including India, China, Thailand, and Japan. Notably, China and India's GDPs are growing at annual rates of 5.2% and 5.9%, respectively.

Construction Repair and Rehabilitation Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030