Strong push from government for
Affordable Housing under INR 50 Lakh segment has show a growth in FY’2019 with
almost 50% contribution in overall sales of housing units which has propelled
the demand for residential units.
Development in Tier 2 & Tier 3 Cities: Government schemes such as Smart Cities Mission, Housing for
All by 2022, North East Special Infrastructure Development Scheme and others
have increased construction activities in India. ~22 projects sanctioned under
the scheme costing approx ₹885.4 Cr in various
states such as Arunachal Pradesh, Assam, Manipur and other North Eastern region
which includes projects related to roads &
bridges, water supply & sanitation, power, connectivity for tourism & infrastructure related to education &
health.
Switch from Traditional to Modern Techniques: Constant efforts from waterproofing companies in increasing
product awareness for modern waterproofing techniques through advertisements,
conferences, product display in retail level has helped in rising demand for modern
waterproofing products in India market with more adoption of internal &
external waterproofing systems. Also, green building initiatives from
government and corporate has created demand for green building &
sustainable projects.
Emergence of New Waterproofing Players: In 2019, Burger Paints acquiring major shares of STP limited
which is one of the oldest waterproofing companies in India will capture retail
market with existing retail channels. Also, entry of Asian Paint in 2017 with Smart
Care products has increased the waterproofing products penetration in retail
& bazaar market of India.
The
report titled “India Waterproofing Membrane
Market Outlook to 2025 – Waterproofing Membrane Market by Revenue (Sheet &
Liquid Membrane), By Application (Roofing, Walls, Basements & Others), By
End Users (Real Estate, Industrial, Infrastructure & Others) & By
Regional Demand (North, West, South & East)” by Ken Research suggests that the government focus on infrastructure &
construction development as well as green building materials requirements will
drive the demand for modern waterproofing techniques & products in the
future. Capital cities such as Delhi NCR, Mumbai, Bangalore, Chennai, and
Ahmedabad, along with Tier 2 cities have promising infrastructure developments
and construction lined up and will emerge as key target segments for a
waterproofing manufacturer looking to penetrate the institutional segment. The revenue
generated from sale of waterproofing products is projected to grow at a CAGR of
8.0% during the period FY’2019-FY’2025.
Key Segments Covered:-
By Membrane Type
Sheet Membrane
Liquid Membrane
By Application
Roof & Terrace
Walls & Flooring
Basement &
Foundation
Others
By Cities
Tier 1
Tier 2
Tier 3
By Regional Demand
North Region
South Region
West Region
East Region
By Type of Roof Construction
New Construction
Repair/Renovation
By End Users
Real Estate and
Industrial
Infrastructure
Others
Key Target Audience:-
Waterproofing Membrane
Manufacturing Companies
Construction Chemical
Manufacturing Companies
Contractors and
Applicators
Construction Chemical
Association
Raw Material
Manufacturing Companies
Time Period Captured
in the Report:-
Historical Period:
FY’2014-FY’2019
Forecast Period:
FY’2019-FY’2025
Companies Covered in
Report:-
Pidilite
Dr. Fixit
Sika
India
Fosroc
Chemical India
Shalimar
Tar Products Limited (STP Limited)
Asian
Paints Limited (Smart Care)
BASF
(Master Builders Solutions)
CICO
Technologies Limited (CTL)
Chryso
India
Mapie
India
GCP
Applied Technology India
For more information on the research report, refer to below
link:-
Related
Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
