Indian Construction Chemicals Market Bwc20006
SPECIAL OFFER : 25% Super Discount For All !
India Construction Chemicals Market by Product Type (Concrete Admixture, Surface Treatment, Repair and Rehabilitation, Protective Coatings, Industrial Flooring, and Others), By Application (Commercial, Industrial, Infrastructure, Residential and Public Space), By Region (Eastern India, Western India, Northern India, and Southern India); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
- Published Date: April 2020
- Report ID: BWC20006
- Available Format: PDF
- Page: 177
Report Overview
Indian Construction Chemicals Market Forecast and Trends
The Indian construction chemicals market is anticipated to witness significant growth during the projected period. The Indian construction chemicals market follows a somewhat different trend than that of the global market. Owing to the lack of knowledge about the long-term advantages of construction chemicals, the demand for chemicals, such as sealants, concrete admixtures, adhesives, and waterproofing, which have immediate tangible outcomes, is high. Rising Foreign Direct Investments is predicted to act as an opportunity for the market in the future.
An increase in infrastructure construction projects across the country is one of the major factors driving the growth of the market. Lack of skilled labor in India is likely to hinder the market’s growth.
Indian Construction Chemicals Market: Overview
Construction chemicals are generally used in the construction and civil repair industry. These chemicals help to enhance concrete strength and quality, give water-tightness, and preserve concrete structures from atmospheric depravity. Construction chemicals consist of a wide range of products for applications in concrete modification, waterproofing, repair, and rehabilitation of structures. Products like admixtures for concrete, sealants, concrete curing compounds, grouts, tile fixing adhesives, membranes, waterproofing chemicals, jointing compounds, crack repair, and special application mortars.
Growth drivers
Growing urbanization across India
India is an emerging market and is experiencing a high rate of urbanization due to increased investments to rapidly develop cities. An increase in per capita disposable income and improved standard of living will cherish the overall market demand. New residential and non-residential structures will be constructed to fulfill the growing demand caused by growing urbanization. Infrastructure such as movie theaters, hospitals, shopping centers, and restaurants, in addition to residential construction is expected to propel the market growth.
Various application in construction industry
Introduction to more reliable construction chemical product offerings for improving performances is expected to drive the growth of the construction chemicals market during the projected period. These products include specialty cement additives, silicon caulks, polymer-based grouts and mortars, and others. The construction chemicals also offer the technological advantage that improves the performance and durability of structures while reducing corrosion. Corrosion inhibition is also a driving factor for the market for construction chemicals, where chemicals involving of surface coatings, floorings, concrete admixtures, corrosion inhibitors, repair mortars, and grouts & sealants are used to protect the surface from corrosion.
Restraint
Stringent Regulations
Construction chemicals are used during building activities that may lead to Volatile organic compounds, which are very harmful and can cause common health problems such as asthma, nausea, skin irritation, confusion, headaches, and eye irritation. Many construction chemicals used in residential parts contain dangerous Volatile organic compounds, such as acetone, formaldehyde, and butanol, which are released through solid wood, acoustic ceiling tile, caulking sealant, and floor wax. Governmental regulations overuse of construction chemicals due to Volatile organic compounds emission acts is the major restraining factor for construction chemicals market growth.
Indian Construction Chemicals Market: Type
Based on type, the Indian Construction Chemicals market segmented into Concrete Admixture, Surface Treatment, Repair and Rehabilitation, Protective Coatings, Industrial Flooring and others. Concrete admixtures is expected to grow at a high CAGR during the forecast period, as concrete admixture has wide applications.
Concrete admixtures are finely distributed elements in concrete other than cement, water and aggregate that are added to the concrete before or during the mixing process. It is used to reduce the cost of concrete, to enhance or modify the properties to hardened concrete, and to ensure the quality of concrete during mixing. It improves workability, quality, rheology, durability, and other properties of concrete.
Indian Construction Chemicals Market: Application
Based on the application, the market is bifurcated into Commercial, Industrial, Infrastructure, Residential, Public Space. The commercial segment is expected to grow significantly during the forecast period.
Demand for commercial buildings, roads, dams, bridges, and tunnels is further propelling market growth. Also, increasing disposable economies, along with a high population, is causing a huge demand for high end and better quality infrastructures for public use, which is acting as a growth driver for construction chemicals.
Indian Construction Chemicals Market: Regional Insights
Based on region, the Indian Construction Chemicals market segmented into Eastern India, Western India, Northern India, Southern India.
Northern India region is expected to grow significantly during the forecast period due to government initiatives for large scale infrastructure development across the region. And with increasing per capita income in the region and large scale commercial infrastructure development in the region is expected to drive the market growth.
Competitive Landscape
The leading companies of Indian Construction Chemicals Market are Pidilite Industries Ltd, BASF India Limited, Fosroc Chemicals India Pvt. Ltd., Sika India Private Limited, Chembond Chemicals Limited, Dow Chemical International Pvt. Ltd. (DowDupont Inc.), Mapei Construction Products India Pvt Ltd, W. R. Grace & Co. India Pvt. Limited, CHYRSO India Pvt. Ltd., CICO Technologies Limited and other prominent players.
Recent Development
-
March, 2020, BASF and Hengst have developed the world’s first reusable plastic spin-on oil filter module for cars. Blue.on is the sustainable alternative to conventional spin-on modules made from metal, since it does not need to be replaced during filter change.
-
October, 2019, Fosroc India conducted its Annual Applicator, SFA & Platinum Distributors meet for 2019 on 11th to 14th October 2019 at Lalith Golf Resort and Spa, Goa. The four-day event drew together senior management from Fosroc India and over 200 of the leading applicators, SFA and platinum distributor partners from across the country.
Scope of the Report
Attribute |
Details |
Years Considered |
Historical data – 2016-2019 |
Base Year – 2019 |
|
Forecast – 2020 – 2026 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Argentina, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product/Service Segmentation |
By type, application, with Region |
Key Players |
Pidilite Industries Ltd, BASF India Limited, Fosroc Chemicals India Pvt. Ltd., Sika India Private Limited, Chembond Chemicals Limited, Dow Chemical International Pvt. Ltd. (DowDupont Inc.), Mapei Construction Products India Pvt Ltd, W. R. Grace & Co. India Pvt. Limited, CHYRSO India Pvt. Ltd., CICO Technologies Limited and other prominent players. |
By Type
-
Concrete Admixture
-
Surface Treatment
-
Repair and Rehabilitation
-
Protective Coatings
-
Industrial Flooring
-
Others (Waterproofing, Adhesives, Sealants etc.)
By Application
-
Commercial
-
Industrial
-
Infrastructure
-
Residential
-
Public Space
By Region:
-
North America
-
Europe
-
Asia Pacific
-
Latin America
-
Middle East & Africa
-
To analyze and forecast the Indian Construction Chemicals Market size of the market in terms of value.
-
To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.
-
The Indian Construction Chemicals Market segmented into five regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa and their leading countries.
-
To outline, categorized, and forecast the Indian Construction Chemicals Market based on the type, and application.
-
To examine competitive developments like technological advancement, services, and regulative framework within the Indian Construction Chemicals Market.
-
To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.
-
To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.
Market Segmentation
By Type
· Concrete Admixture
· Surface Treatment
· Repair and Rehabilitation
· Protective Coatings
· Industrial Flooring
· Others (Waterproofing, Adhesives, Sealants etc.)
By Application
· Commercial
· Industrial
· Infrastructure
· Residential
· Public Space
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Coustom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.