Base Year
Historical Year
Forecast Year
The Latin America construction chemicals market size reached a value of about USD 5662.555 million in 2021. The market is further expected to grow at a CAGR of 3.10% between 2024 and 2032 to attain nearly USD 6761.144 million by 2027.
In May 2023, Sika opened its new plant in Santa Cruz de la Sierra, Bolivia. With this, the company aims to double its production capacity for mortar and concrete admixtures and strengthen its position in the Bolivian construction market. The new production facility would also help double the usable spaces, replace the existing plants, and boost the sustainability and efficiency of production. Such expansion activities are driving the Latin America construction chemicals market growth.
In March 2023, Arkema appointed Brenntag as a distributor for its waterborne acrylic resins in Mexico. Through this, the company aims to distribute the ENCOR®, CELOCOR® SNAP® and NEOCAR® brands in Mexico, which find extensive applications in construction products, industrial coatings, adhesives, caulks and sealants, architectural paints, and traffic coatings.
In August 2021, Sika acquired Bexel Internacional S.A. de C.V., which is a leading Mexican producer of stucco and tile adhesives. The company aimed to expand its position and manufacturing footprint in the Mexican mortar market through the acquisition. It was also aimed at expanding the company’s Building Finishing portfolio as well as the distribution network in the country. Hence, the increasing mergers and acquisitions are favouring the market growth in the region.
In June 2021, MC-Bauchemie started its operations in Bolivia after acquiring the majority shares of Linox. The latter is a Bolivian company that manufactures construction chemical products and offers an extensive product portfolio of paintings and waterproofing products in the local market. Through this, the company aimed to enhance its activities in Latin America as a part of its Vision 2030.
In February 2021, Bostik, the adhesive solutions segment of Arkema, announced its plans to acquire Poliplas Ltda. through its Fortaleza brand. Poliplas is a Brazil-based sealants and adhesives producer, and its acquisition was aimed at enabling the company to strengthen its adhesives business unit in Brazil.
Latin America Construction Chemicals Market Size
Latin America Construction Chemicals Market Analysis
Latin America Construction Chemicals Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
In 2023, the market attained a value of nearly USD 5,955.03 million.
In the construction sector, construction chemicals are used to increase the strength and durability of buildings while protecting them from degradation. Construction chemicals are also used in infrastructural development activities, including the construction of roads and bridges, among others.
The demand for construction chemicals in the coming years is expected to increase on account of the evolving regulatory standards and the surging preference for high-quality construction materials in the construction sector.
The market is estimated to grow at a CAGR of 3.2% between 2024 and 2032.
Construction chemicals added to various building materials enhance the workability, performance, and functionality while protecting the structural integrity of buildings.
The market is projected to reach about USD 7,868.29 million by 2032.
The growing demand for innovative construction chemicals, the rising housing demand, and the surging renovation activities are driving the market demand for construction chemicals in Latin America.
The market is likely to be driven by robust growth of the construction sector, technological advancements and innovations by the leading Latin America construction chemicals companies, and the rising investments in infrastructural development.
The major regions in the Latin America market are Brazil, Mexico, Argentina, Chile, Colombia, and Peru, among others.
The various types of construction chemicals in the market are concrete admixtures, flooring chemicals, waterproofing chemicals, repair and rehabilitation, and sealants and adhesives, among others.
The several applications of construction chemicals are residential and non-residential.
The major players in the market are Sika AG, Aquaquim S.A. de C.V., Dow Inc., Arkema Group, and Clariant International Ltd., among others.
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Why Choose Us
We ensure that you get unmatchable competitive advantage by providing detailed insights about the existing market scenario as well as the emerging and high growth markets.
Regions and Countries with the Highest Number of Returning Clients
85%
Projects delivered with customization
90%
Projects involving industry specific expertise
24x7
Analysts Support
500+
Corporates choose us as their preferred partner
Commitment to Excellence
Diverse Teams
Innovative Solutions
Client Centric Approach
Continuous Improvement
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-120-433-0800
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
