Friday, March 29, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Manufacturing And Construction Construction Materials India Construction Chemical Market, India Construction Chemical Industry: Ken Research

India Construction Chemical Market, India Construction Chemical Industry: Ken Research

How India Construction Chemicals Market Is Positioned?

India construction chemical industry revenue stood at INR ~ Cr in FY’20 and recorded a CAGR of 8.5% during FY’15-FY’20. Concrete admixture dominated the constructions chemical market in India in FY’20 followed by waterproofing, Tile adhesives and others. The market was also observed to be highly dominated by the organized construction chemical companies in India.

New Regulatory Norms and Compulsory Certifications such as Green Building Code, usage of Ready Mix Concrete in Metro Rail Projects in 20+ Cities and Certification for product quality from engineer under RERA has increased usage of construction chemicals in India. Construction sector had to bear the worst impact of COVID 19 as there was a major financial crunch in the market. Construction activities were completely halted and labors migrated. This indirectly impacted the construction chemicals market adversely.

Rise in demand for urban housing, investment in infrastructure and government spending is set to further increase the market for construction chemicals.

The competition structure in India Construction Chemicals industry is fragmented in nature with presence of large number of companies offering a vast product portfolio, including waterproofing, coating, grouting chemicals, concrete admixtures, Tile adhesives and others.

Major companies in India construction chemicals market include Fosroc, Sika, Pidilite, STP Berger, MYK Laticrete, MBCC (BASF), Bostik, Jotun, Thermax, Mapei, Asian Paints, Asian Paints PPG, Chembond, Chryso and others.

India Construction Chemical Market Segmentation

By Type of Construction Chemical Market (Organized and Unorganized)

Construction chemicals market is dominated by organized players having vast product portfolio. ( Companies with overall annual revenue greater than INR 50Cr.) High Product Quality, International Certifications, Brand Image and after sales services are some of the reasons why organized construction chemical companies are preferred more.

By Type of Construction Chemicals (Concrete Additives, Waterproofing, Tile Adhesives, Flooring, Repair and Rehabilitation Chemicals, Sealants, Grouting chemicals and Coatings)

Concrete admixtures dominated the construction chemicals market of India. Surging residential and commercial construction market is leading to the growth of the concrete admixtures in India.

By Concrete Admixtures Market (Organized and Unorganized)

Concrete additives market of India is dominated by the unorganized players owing to the large presence of small players in the market. High demand for low cost products leads to the higher growth of the unorganized concrete additives players in India.

By Waterproofing Market (Organized and Unorganized)

The Indian waterproofing market is dominated by organized waterproofing players. Higher preference for high quality waterproofing product has led to the growth of the organized waterproofing players in India.

By Tile Adhesives Market (Organized and Unorganized)

Demand for tile adhesives is majorly from the organized players in the Indian Market. Unorganized players are providing lower quality products.

india-construction-chemicals-market

By Flooring Market (Organized and Unorganized)

The Indian flooring market is highly dominated by the organized flooring players. Higher complexity in manufacturing and application of such products has led to lower market share of the unorganized players.

By Repair and Rehabilitation Chemicals Market (Organized and Unorganized)

The Repair and Rehabilitation Chemicals market is dominated by the organized players in India. Major players in Repair and Rehabilitation Chemicals market include MBCC (BASF), Sika, Fosroc and others.

By Sealants Market (Organized and Unorganized)

The Indian Sealants market witness similar demand from the organized and unorganized players. Silicon sealants have the highest share in the sealants market in India.

By Grouting Chemicals Market (Organized and Unorganized)

Grouting chemicals market in highly dominated by the organized players in the market. Cementitious grouts are preferred more by the end users.

By Coatings Market (Organized and Unorganized)

The organized coating players dominated the coatings market in India. Major coating companies in India Includes STP, Fosroc, Sika and Others.

Comparative Landscape In India Construction Chemicals Companies

The competition structure in India Construction Chemicals Industry is fragmented in nature with the presence of large number of small unorganized players providing low cost and lower quality products. The construction chemical companies were observed to compete on the basis of revenue, manufacturing plants, branches, business verticals, end user industries, construction chemical brands, product range, product pricing and others.

India Construction Chemicals Market Future Outlook and Projections

The construction chemicals market in India is anticipated to grow with the growing real estate and construction industry. Over the forecast period FY’20-FY’25, the India construction chemicals market revenue is anticipated to increase further to INR ~ Cr by FY’25, thus showcasing a CAGR of ~10.0%.The Unorganized vs. Organized Market asymmetry will get more skewed, with Organized Players slowly eating away the Unorganized Market’s share.

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

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

India Construction Chemical Market

India Construction Chemical Industry

India Construction Chemical Market Revenue

Indian Construction Chemical Industry

Indian Construction Chemical Market

India Construction Chemical Market Major Players

India Construction Chemical Market Future Outlook

Covid-19 Impact India Construction Chemical Market

India Waterproofing Construction Chemicals Market

India Tile Adhesive Construction Chemicals Market

India Grouting Construction Chemicals Market

India Coatings Construction Chemicals Market

Unorganized Construction Chemical Market India

Organized Concrete Additives Market India

Organized Waterproofing Market India

Unorganized Waterproofing Market India

Organized Tile Adhesives Market India

Unorganized Tile Adhesives Market India

For More Information on the research report, refer to below link:-

India Construction Chemicals Market

Related Reports:-

India Adhesives Market Outlook to FY’2026: Surging Demand for Water Based Adhesives in the Growing Wood Working Industry to Influence Market Growth

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)

US Agrochemical Market Outlook to 2025 – Increasing Usage of Integrated Pest Management Activities and Bio Pesticides to Drive Market Growth

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

RELATED ARTICLES

Optimizing the Future: The Rise of the $2.04 Trillion Engineering Service Industry

The industrial engineering market plays a vital role in driving efficiency and productivity across various industries. As an integral part of the broader engineering...

The Rise of Modular Construction in a Dynamic Market

In the ever-evolving landscape of the construction industry, modular construction has emerged as a game-changer, promising efficiency, cost-effectiveness, and sustainable solutions. As business heads...

Navigating Growth: A Comprehensive Analysis of MSME Market Trends and Statistics

Introduction: The Micro, Small, and Medium Enterprises (MSME) sector is a crucial driver of economic growth globally. In this article, we explore key aspects of...

Most Popular

From Humble Beginnings to a $52 Billion Boom: Unveil Opportunities in India’s Booming Interior Design Market

India's interior designing market is witnessing a remarkable transformation, driven by various factors. This blog delves into the market size, growth projections, key trends,...

Smartphone Industry Insights: Navigating Growth, Trends, and Opportunities

The smartphone industry is a juggernaut, weaving itself into the fabric of our daily lives. From communication to commerce and entertainment, these pocket-sized powerhouses...

Theme Park Boom: Market Size, Trends & Top Players Shaping the Thrilling Future

The theme park industry isn't just about roller coasters and cotton candy anymore. It's a multi-billion dollar global phenomenon, offering immersive experiences that cater...

The Analysis on Global Capital Market, Industry and Report

The world of finance can be a complex labyrinth, especially when terms like "global capital markets" and "investment banking" get thrown around. While they're...