Construction chemicals are specialty products that are central for sustainable infrastructure and energy conservation in construction industry to augment the durability of buildings, and to deliver the added fortification from environmental hazards. Infrastructure is the most attractive sector in the India Construction chemicals market. It would be the first predilection for new entrants owing to surge in populace and urbanization that drives the requirement for sustainable infrastructure and environmental friendly products. Chemical products such as concrete admixtures similarly help in minimalizing the quantities of cement and water generally required throughout the construction.
According to the report analysis, ‘India Construction Chemicals
Market Outlook to 2025 ( Second Edition ): Surging Construction Industry in
India is leading to the Growth of Construction Chemicals Market’ states that Growth in
Urbanization and Development of Housing Projects, augment in Smart Cities led
to the growth for construction chemicals in India. Requirement for High Quality
and Durable Products such as Admixtures for cements and waterproofing products
have underwritten to the implementation of construction chemicals in the
Country.
By Organized and Unorganized Construction Chemicals Market, the Construction
chemicals market is registered by organized players that have a varied product
portfolio, around product segments. High Product Quality, International
Certifications, Brand Image and Post purchase technical support are some of the
reasons why the organized construction chemical companies are obtaining the
preference. In addition, By Type of
Construction Chemicals (Concrete Additives, Waterproofing, Tile Adhesives,
Flooring, Repair and Rehabilitation Chemicals, Sealants, Grouting chemicals and
Coatings), the Concrete admixtures registered the construction chemicals
market of India, followed by Waterproofing, Tile adhesives and others. Swelling
Real Estate and Infrastructure construction market is foremost to the growth of
the concrete admixtures market around India.
Fosroc, Sika, Jotun, BASF, Thermax, MYK Laticrete,
Asian Paints PPG, Asian Paints, Chryso, Chembond, Pidilite, STP Limited, Mapei,
ArdexEndura, Zydex, Flowcrete, McCoy Soudal, Bostik, Choksey, Sunanda, Cipy, Saint
Gobain Weber, and MC are the key companies which recently functioning in India
Construction Chemicals market for leading the highest market growth and
dominating the handsome value of market share around the region while
delivering the better consumer satisfaction, decreasing the linked prices,
employing the young and active personnel, analysing the strategies and policies
of the government as well as corporates, implementing the strategies of
enlargements and profit making, establishing the several research and
development programs, improving the qualitative and quantitative strategies of
such and increasing the applications and specifications of such.
Not only has this, the construction sector is
one of the largest segments in the country, and it is an increasing at a
healthy rate, due to the growing population, augment in middle-class income,
and urbanization. The government is taking several steps to restructure
corporate taxes and make them more interesting to foreign investors. The move
is projected to boost investments in the healthcare, education, housing,
transport, and water infrastructure segments. The growth drivers of the Indian
infrastructure segment, which maintains the requirement for construction
chemicals, are government initiatives, infrastructure requirements, housing
development, international investment, and public and private partnership
projects.
Although, the concrete admixtures are
ingredients that are added to the concrete mixture before or throughout mixing.
Concrete admixtures decrease the concrete construction cost by adjusting the
properties of hardened concrete, thereby guaranteeing better quality throughout
mixing, transporting, placing, and curing. This enables users to overcome
emergencies throughout the concrete operations. Not only has this, the competition
structure around India Construction Chemicals Industry is fragmented in nature,
with the existence of a large number of small unorganized players delivering
low cost and low-quality products. The construction chemical corporates were
observed to compete on the basis of revenue, product specialization by
application, end user industries attended, construction chemical brands,
product range, product pricing and many others. Therefore, in the near years,
it is predicted that the market of India construction chemicals will increase
around the globe more effectively over the forthcoming years.
Key Segments Covered in India Construction
Chemicals Market:-
By Type of Construction Chemical Market
Organized
Unorganized
By Type of Construction Chemicals
Concrete
Additives
Waterproofing
Tile
Adhesives
Flooring
Repair and
Rehabilitation Chemicals
Sealants
Grouting
chemicals
Coatings
By Type of Concrete Additives Market
Organized
Unorganized
By Type of Waterproofing Market
Organized
Unorganized
By Type of Tile Adhesives Market
Organized
Unorganized
By Type of Flooring Market
Organized
Unorganized
By Type of Repair and Rehabilitation Chemicals Market
Organized
Unorganized
By Type of Sealants Market
Organized
Unorganized
By Type of Grouting Chemicals Market
Organized
Unorganized
By Type of Coatings Market
Organized
Unorganized
Key Target Audience:-
Construction Chemical
companies
Concrete Additive companies
Waterproofing companies
Adhesive and
Sealant Companies
Grouting chemical
companies
Coating companies
Time Period Captured in the Report:-
Historical Period: FY’15-FY’20
Forecast Period: FY’20-FY’25
Construction Chemical Companies in India:-
Fosroc
Sika
Jotun
BASF
Thermax
MYK Laticrete
Asian Paints PPG
Asian Paints
Chryso
Chembond
Pidilite
STP Limited
Mapei
Ardex Endura
Zydex
Flowcrete
McCoy Soudal
Bostik
Choksey
Sunanda
Cipy
Saint Gobain Weber
MC
For More Information on the research report,
refer to below link:-
India Construction Chemicals Market
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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