Construction sector had to bear the worst impact of COVID 19 as there was a major financial and manpower crunch in the market. This indirectly impacted the construction chemicals market adversely.
The Concrete
Admixtures market is anticipated to grow the fastest, with a CAGR of 11.7%
during the forecast period FY’20-FY’25.
Adoption of Sustainable Products and Technological Advancements: The demand for products with features like longer durability,
environment friendliness and anti-corrosion capabilities is increasing among
consumers. In addition to this, stricter environmental regulations from
governments are also driving the demand for greener solutions. This has
motivated companies to opt for eco-friendly construction chemicals. The
construction chemicals domain is highly cost-competitive in India.
Massive Potential in Commercial Construction Industry in India: Commercial construction activities are the major end users of
construction chemicals in the country. Construction chemicals are mostly used
in the commercial sector for good quality and sustainable construction
practices, which include watertight concrete, fast construction, and durable
hassle-free flooring solutions. The government of India’s commitment to
increase spending on infrastructure and housing development will bode well for
the expansion of the construction chemicals market in the country. The upcoming
major commercial projects in the country are to present a huge growth potential
for the construction chemicals in India.
Increasing
investments in Research and Development: The leading construction
chemical players in India are investing in research & development
activities to achieve a competitive edge. Manufacturers need to work with
construction industry experts and end users to develop new construction
chemical products.
The
report titled “India Construction Chemicals Market Outlook to 2025: Surging
Construction Industry in India is leading to the Growth of Construction
Chemicals Market” by Ken Research suggested that
the India construction chemicals market is expected to grow further in the near
future, with the growing residential and commercial construction. The market is
expected to register a positive CAGR of 10.0% in terms of revenue during the
forecast period ofFY’20-FY’25.
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
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
Indian Construction Chemicals Market
SWOT Analysis of Construction
Chemicals Market
Key Trends in India Construction
Chemicals Ecosystem
Government’s Role in the Indian
Construction Chemical Market
Challenges Faced by Construction
Chemical Market
Recent Developments in India
Construction Chemical Market
Import Scenario in India Construction
Chemical Market
Export Scenario in India Construction
Chemical Market
India Construction Chemicals Market
End User Analysis
India Construction Chemicals Market
Size and Segmentation
Market Share of Construction Chemical
Companies on the basis of Revenue
Financial Analysis of the Industry
Financial and Business Landscape of
India Construction Chemicals Players
Product Landscape of India
Construction Chemicals Players
Company Profile of Major Construction
Chemical Companies in India
India 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 below
link:-
India
Construction Chemicals Market
Related Reports:-
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