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    South Korea Construction Chemicals Market

    ID: MRFR/CnM/45693-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    South Korea Construction Chemicals Market Research Report By Type (Admixtures, Flooring, Waterproofing, Others) and By Application (ResidentiaL, Non-Residential)-Forecast to 2035

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    South Korea Construction Chemicals Market Infographic
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    South Korea Construction Chemicals Market Summary

    The South Korea Construction Chemicals market is projected to grow from 3500 USD Million in 2024 to 5200 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Construction Chemicals Key Trends and Highlights

    • The market is expected to expand at a CAGR of 3.66 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5200 USD Million, indicating robust growth.
    • In 2024, the market is valued at 3500 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of sustainable construction practices due to environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 3500 (USD Million)
    2035 Market Size 5200 (USD Million)
    CAGR (2025 - 2035) 3.66%

    Major Players

    Samsung Electronics (KR), SK Hynix (KR), LG Electronics (KR), Hyundai Motor Company (KR), Kia Corporation (KR), POSCO (KR), Naver Corporation (KR), Kakao Corp (KR), Lotte Group (KR), Hanwha Group (KR)

    South Korea Construction Chemicals Market Trends

    Significant trends are being driven by the growing demand for high-performance materials in the South Korea Construction Chemicals Market. The country's accelerated urbanization and modernization initiatives have resulted in a heightened demand for advanced construction solutions that guarantee sustainability and durability. The utilization of construction chemicals is additionally stimulated by the government's emphasis on infrastructure development, particularly in the areas of transportation and smart city initiatives. This presents an opportunity for manufacturers who specialize in innovative and eco-friendly chemical solutions, which are in accordance with the South Korean government's efforts to encourage green building practices and mitigate environmental impact.

    Furthermore, there is a discernible trend toward the implementation of high-tech solutions, including clever adhesives and sealants, which improve the efficiency and durability of construction projects. The construction industry in South Korea is also moving toward the use of self-healing concrete and other innovative materials that enhance structural integrity and safety. The demand for construction chemicals that improve energy efficiency and reduce waste is increasing as the population becomes more concerned with sustainable living.

    The current trend toward collaborative building designs, which incorporate a variety of disciplines, including architecture and engineering, presents opportunities for the development of new formulations and products that are specifically designed to address these comprehensive requirements. Businesses seeking to secure market share must remain vigilant of these trends in the construction chemicals market as South Korea continues to invest in its infrastructural capabilities and innovate. In general, the construction chemicals sector in South Korea is on the brink of expansion, driven by a steadfast dedication to sustainability and technological advancements.

    Market Segment Insights

    South Korea Construction Chemicals Market Segment Insights

    South Korea Construction Chemicals Market Segment Insights

    Construction Chemicals Market Type Insights

    Construction Chemicals Market Type Insights

    The South Korea Construction Chemicals Market has gained significant traction, driven by various segments falling under the 'Type' classification, including Admixtures, Flooring, Waterproofing, and Others. Admixtures are particularly vital, playing a crucial role in enhancing the performance and durability of concrete, which is indispensable in the construction industry. As South Korea continues its ambitious urban development projects, the incorporation of advanced admixtures contributes to the long-lasting strength and resilience of structures, aligning with the country's evolving infrastructure needs. Flooring solutions are equally important, addressing aesthetic and functional requirements in both residential and commercial sectors.

    With the rise in urbanization and a growing focus on sustainable materials, flooring additives that offer improved durability and reduced maintenance demand are increasingly being prioritized by construction professionals. Waterproofing emerges as a dominant segment, essential in preventing water ingress and ensuring the longevity of structures in a country prone to climate variability. This segment addresses the pressing need for effective moisture management in both new constructions and retrofitting projects, aligning with South Korea's stringent building codes and regulations.

    The category of Others encompasses a variety of products that support diverse construction needs, which collectively play a role in the overall efficiency and sustainability of building projects. Each of these segments contributes to the South Korea Construction Chemicals Market in its unique way, reflecting broader trends such as the government's push for smart construction technologies and environmentally friendly practices within the industry. With a focus on innovation, the industry participants are adapting to meet the growing demand for specialized construction chemicals, ultimately driving forward the market's evolution in South Korea.

    As sustainability becomes a primary concern, the impact of product development within these types is shaping future construction methodologies, providing significant opportunities for growth within the South Korean market landscape.

    Construction Chemicals Market Application Insights

    Construction Chemicals Market Application Insights

    The South Korea Construction Chemicals Market focuses significantly on the Application segment, which includes essential areas such as Residential and Non-Residential. The surge in urbanization and population growth is driving robust demand in the residential sector, with increased investments in housing infrastructure. Likewise, the Non-Residential segment sees substantial growth due to the expansion of commercial spaces, industrial facilities, and institutional buildings, which require advanced construction chemicals to enhance durability, safety, and performance. Local government initiatives promoting green building standards and eco-friendly materials are further boosting the adoption of construction chemicals in both sectors.

    These trends indicate a clear shift towards innovative materials that meet modern construction needs. As construction activities intensify, the Application segment continues to play a pivotal role in shaping the landscape of the South Korea Construction Chemicals Market, ensuring that builders and developers can meet both current and future demands efficiently and sustainably.

    Get more detailed insights about South Korea Construction Chemicals Market Research Report-Forecast to 2035

    Key Players and Competitive Insights

    The South Korea Construction Chemicals Market is an intricate and firmly competitive landscape that plays a pivotal role in the broader construction industry of the region. This market is characterized by a diverse array of products and solutions designed to enhance the durability and performance of construction materials. Players in this market engage in continuous innovation to meet the demand for advanced construction applications while adhering to stringent regulatory requirements. Factors such as urbanization, rapid infrastructure development, and a growing emphasis on sustainability are driving the growth of the construction chemicals sector in South Korea.

    As companies focus on developing a wide range of specialized products, collaborations, and partnerships become crucial elements for establishing a formidable presence in this market. Momentive Performance Materials demonstrates a strong foothold within the South Korea Construction Chemicals Market, leveraging its vast expertise in innovative silicone and specialty chemical solutions. The company's commitment to sustainability and providing high-performance products is evident in its extensive portfolio, which caters to various construction applications, including sealants and adhesives.

    With a solid focus on enhancing performance, Momentive Performance Materials has built strong relationships with local construction firms, contractors, and distributors, allowing it to address the specific needs of this market efficiently. Moreover, the company's investments in research and development have led to advancements in product formulations tailored for South Korean conditions, enhancing its reputation as a reliable partner in the construction chemical sector. Cemex S.A.B. de C.V. has reinforced its position in the South Korea Construction Chemicals Market through a diverse range of solutions that include concrete, cement, and admixtures tailored for the construction industry.

    With a firm commitment to quality and sustainability, Cemex offers innovative products that enhance the structural integrity and performance of construction projects in the region. The company maintains a significant market presence bolstered by strategic investments and collaborations that align with the growing demands of the industry. Cemex’s established reputation for delivering high-quality construction materials is complemented by ongoing efforts in sustainability initiatives and technological advancements that resonate with South Korean construction practices.

    Moreover, its potential involvement in mergers and acquisitions allows Cemex to capitalize on new opportunities for growth, expanding its capabilities and broadening its market outreach, thereby reinforcing its strength within the segment.

    Key Companies in the South Korea Construction Chemicals Market market include

    Industry Developments

    The South Korea Construction Chemicals Market has seen significant developments recently. In October 2023, Momentive Performance Materials announced expansions in their product offerings to cater to the growing demand for sustainable construction solutions. Meanwhile, Henkel AG and Co. reported a strategic partnership aimed at enhancing innovation in green building materials, reflecting the government's push towards eco-friendly construction practices. Significant growth is noted among companies like BASF SE and LG Chem, which have increased their investments in Research and Development to strengthen their market positions.

    Following a surge in construction activities, the market valuation for construction chemicals is estimated to have grown by 9% year-on-year, according to governmental data. Mergers and acquisitions have also been notable; in September 2023, H.B. Fuller Company completed its acquisition of a local chemical firm, enhancing its distribution network in South Korea.

    Additionally, Sika AG has been actively involved in discussions for potential partnerships that would bolster their supply chain synthesis in the region. These factors demonstrate an active and evolving market landscape driven by innovation and strategic collaborations. The South Korean construction sector, supported by government initiatives, continues to embrace modernization and sustainability in its practices.

    Market Segmentation

    Construction Chemicals Market Type Outlook

    • Residential

    Construction Chemicals Market Application Outlook

    • Residential
    • Non-Residential

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 0.96(USD Billion)
    Market Size 2024 1.5(USD Billion)
    Market Size 2035 3.8(USD Billion)
    Compound Annual Growth Rate (CAGR) 8.818% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Momentive Performance Materials, Cemex S.A.B. de C.V., Henkel AG and Co., Dow Inc., Fosroc International Ltd., Tremco Incorporated, H.B. Fuller Company, BASF SE, LG Chem, Sika AG, KCC Corporation, Nippon Paint Holdings, Solomon Colors Inc., MCBauchemie
    Segments Covered Type, Application
    Key Market Opportunities Sustainable construction materials demand, Increasing urbanization and infrastructure, Technological advancements in additives, Government initiatives for green building, Growth in residential construction projects
    Key Market Dynamics increasing urbanization rates, government infrastructure investments, rising demand for sustainable materials, technological advancements in formulations, competitive pricing strategies
    Countries Covered South Korea

    FAQs

    What is the expected market size of the South Korea Construction Chemicals Market in 2024?

    The South Korea Construction Chemicals Market is expected to be valued at 1.5 billion USD in 2024.

    What will be the market size of the South Korea Construction Chemicals Market by 2035?

    By 2035, the South Korea Construction Chemicals Market is anticipated to reach a valuation of 3.8 billion USD.

    What is the anticipated CAGR for the South Korea Construction Chemicals Market from 2025 to 2035?

    The anticipated CAGR for the South Korea Construction Chemicals Market from 2025 to 2035 is 8.818 percent.

    Who are the key players in the South Korea Construction Chemicals Market?

    Key players in the South Korea Construction Chemicals Market include Momentive Performance Materials, Cemex S.A.B. de C.V., Henkel AG and Co., Dow Inc., and Fosroc International Ltd.

    What was the market value of Admixtures in the South Korea Construction Chemicals Market in 2024?

    In 2024, the Admixtures segment of the South Korea Construction Chemicals Market is valued at 0.6 billion USD.

    What is the projected market value for Flooring in the South Korea Construction Chemicals Market by 2035?

    The Flooring segment is projected to reach a market value of 1.0 billion USD by 2035.

    What is the market value for Waterproofing in the South Korea Construction Chemicals Market in 2024?

    The Waterproofing segment is valued at 0.3 billion USD in the South Korea Construction Chemicals Market in 2024.

    What are the growth drivers for the South Korea Construction Chemicals Market?

    Growth drivers for the South Korea Construction Chemicals Market include increasing construction activities and rising demand for high-performance products.

    What is the expected market value of the Others segment in the South Korea Construction Chemicals Market by 2035?

    The Others segment is expected to be valued at 0.6 billion USD by 2035.

    How does the South Korea Construction Chemicals Market growth rate compare to other regions?

    The growth rate of the South Korea Construction Chemicals Market is robust, driven by advancements in construction technology and urbanization.

    South Korea Construction Chemicals Market Research Report-Forecast to 2035 Infographic
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