“Amplified demand for Concrete Admixtures, especially low water consumption admixtures has driven the growth of Construction Chemicals Market in Indonesia.”
Surging Government Initiatives: The Indonesian Government has launched a massive initiative, National Strategic Projects (PSN) in 2017, with ~ 4197 trillion Indonesian Rp investments on Infrastructure, with over 245 projects in 17 different sectors, such as Road, Dams, etc. The government is also taking various steps to restructure ownership laws to improve foreign investments into residential areas through Omnibus law for Job Creation, and make Indonesian land more appealing to foreign investors. The policies are anticipated to boost investments in the healthcare, education, housing, transportation, and water infrastructure sectors, leading to the growth of the Construction Chemicals industry in Indonesia.
Growing Market Share of Organized Construction Chemical Players: The organized construction chemical companies contribute a market share of ~80% in the Indonesia construction chemical market. The market has witnessed a large number of global construction chemical companies entering this market in the past few decades, leading to the growth in their market share. The surging demand for high quality construction chemical products is leading to the growing demand for the organized construction chemical Companies. These Organized Players have an advantage of procuring raw materials internationally, as local raw material availability is very low in Indonesia. They have also started providing a varied product portfolio with products such as waterproofing, concrete admixtures, sealants, Adhesives and others targeting a larger user segment. High complexity in manufacturing along with limitations related to technical assistance, high import dependence and after sales service are some of the factors leading to the limited entry of Unorganized Players in the market.
Increasing Demand for Concrete Admixtures: Concrete Admixtures are contributing majorly to the construction chemicals market (by Value) in Indonesia. The market for concrete admixture in Indonesia is witnessing a significant growth, owing to the rapid growth and Project Execution in the construction industry. Government initiatives like “One Million Houses per Year” have largely facilitated the growth of the construction sector in the country. Low complexity in manufacturing the concrete admixtures has led to the sustenance of a selected number of local concrete admixture companies in Indonesia. The unorganized concrete admixture companies have a minority market share of ~ 20 %, by value.
The report titled “Indonesia Construction Chemicals Market Outlook to 2025: Ongoing and Healthy Pipeline of Ambitious Infrastructure Projects are driving the growth of Construction Chemicals Market” by Ken Research suggested that the Indonesia construction chemicals market is further expected to grow in the near future with the growing Residential construction due to rising demand from a growing younger middle class, along the massive pipeline of Infrastructure Projects anticipated to be executed in the forecasted period. The market is expected to register a positive CAGR of 9.26% in terms of revenue during the forecast period of FY’20-FY’25, with the Organized market anticipated to grow at a faster rate.
Key Segments Covered in Indonesia Construction Chemicals Market: -
By Type of Construction Chemical Market
Organized
Unorganized
By Type of Construction Chemicals
Concrete Additives
Waterproofing
Repair and Rehabilitation Chemicals
Sealants
Tile Adhesives
Flooring
By Type of Concrete Additives Market
Organized
Unorganized
By Type of Waterproofing Market
Organized
Unorganized
By Type of Repair and Rehabilitation Chemicals Market
Organized
Unorganized
By Type of Sealants Market
Organized
Unorganized
By Type of Tile Adhesives Market
Organized
Unorganized
By Type of Flooring Market
Organized
Unorganized
Key Target Audience
Construction Chemical companies
Concrete Additive companies
Waterproofing companies
Adhesive and Sealant Companies
Repair and Rehabilitation Chemical companies
Time Period Captured in the Report:
Historical Period: FY’15-FY’20
Forecast Period: FY’20-FY’25
Construction Chemical Companies in Indonesia:
Aquaproof (PT Adhi Cakra)
PT MBS Indonesia
PT Bostik Indonesia
PT Dow Chemical Indonesia
PT FOSROC Indonesia
PT Sika Indonesia
PT Mapei Indonesia
PT Estop Indonesia
PT Miranila Abadi (Ultrachem)
Bossil (Nippon paint Subsidiary)
PT Propan Indonesia
Mortar Utama-Weber
Key Topics Covered in the Report: -
Global overview of construction chemicals market
Construction Chemical Market Ecosystem
Value chain Analysis of Construction Chemicals market
Demand side analysis of Construction Chemicals market
Porter’s Five Forces Analysis of the Indonesian Construction Chemicals Market
SWOT Analysis of Construction Chemicals Market
Key Trends in Indonesia Construction Chemicals Ecosystem
Government’s Role in the Indonesian Construction Chemical Market
Recent Developments in Indonesian Construction Chemical Market
Import Export Scenario of Raw Materials in Indonesia Construction Chemical Market
Import Export Scenario of Specialty Chemicals in Indonesia Construction Chemical Market
Indonesia Construction Chemicals Market End User Analysis
Indonesia Construction Chemicals Market Size and Segmentation
Market Share of Construction Chemical Companies on the basis of Revenue
Financial and Business Landscape of Indonesia Construction Chemicals Players
Product Landscape of Indonesia Construction Chemicals Players
Company Profile of Major Construction Chemical Companies in Indonesia
Indonesia Construction Chemicals Market Future Outlook and Projections
COVID-19 Impact on the Construction Chemicals Industry
Forward Path and Recommendations
Analyst Recommendation
For More Information On the Research Report, Refer to the Below Link: -
Future of Indonesia Construction Chemicals Market
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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