Market Forecast By Type (Polymer Modified Cementitious Mortars, Epoxy Based Mortars), By Grade (Structural, Non Structural), By Application (Hand/trawling, Pouring, Spraying), By End-use (Buildings & Carparks, Road Infrastructure, Utility, Marine) And Competitive Landscape
Product Code: ETC320124 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India concrete repair mortars market import shipment demonstrated robust growth with a CAGR of 21.5% from 2020 to 2024. The growth rate between 2023 and 2024 was 14.3%, indicating a sustained upward momentum. The market consistently expanded throughout the period, showing a strong and positive trend.
Report Name | India Concrete Repair Mortars Market |
Forecast period | 2025-2031 |
CAGR | 8.2% |
Growing Sector | Construction |
The India Concrete Repair Mortars Market Report thoroughly covers the market by type, grade, application and end-use. The India Concrete Repair Mortars Market Outlook report provides an unbiased and detailed analysis of the ongoing India Concrete Repair Mortars Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India Concrete Repair Mortars market is estimated to grow in the future at a higher growth rate. With the rapid growth of the construction industry in India, there has been an increased demand for high-quality and long-lasting concrete structures. The rise in government initiatives for infrastructure development, coupled with growing investments in the construction sector, is expected to drive the demand for concrete repair mortars in India.
According to 6Wresearch, the India Concrete Repair Mortars Market size is anticipated to rise at a CAGR of 8.2% during 2025-2031. One of the major drivers for the growth of the India concrete repair mortars market is the government initiatives towards infrastructure development. The Indian government has launched various schemes and policies such as Smart Cities Mission, AMRUT (Atal Mission for Rejuvenation and Urban Transformation) and Pradhan Mantri Awas Yojana (PMAY) to boost the construction industry. These initiatives aim to improve the overall infrastructure of the country, which in turn, will create a demand for concrete repair mortars.
Additionally, with the increasing urbanization and growing population in India, there is a constant need for maintenance and repair of existing structures in cities. This has led to a rise in demand for concrete repair mortars, as they are essential for the durability and longevity of structures. These factors are significantly contributing to the India Concrete Repair Mortars Market growth.
There are some challenges that may hinder the growth of the India concrete repair mortars market. One of the major challenges is the lack of skilled labor and technical expertise in handling and applying these products. This can lead to improper use of the product and affect its effectiveness in repairing concrete structures. Another challenge is the high cost associated with these specialized repair mortars, which may deter small-scale projects or budget-constrained contractors from using them.
Some key players operating in the India concrete repair mortars market include BASF India Ltd., Sika India Pvt. Ltd., Pidilite Industries, Asian Paints Limited, and Fosroc Chemicals India Pvt. Ltd. These players have the most prominent role to play in the progress of this market.
Indian government's initiatives such as Smart Cities Mission and Housing for All by 2022 are expected to drive the demand for concrete repair mortars in the coming years. These programs aim to develop and upgrade urban infrastructure, which will create a significant demand for repair and maintenance of existing concrete structures. In addition, the growing awareness about the importance of maintaining infrastructure to avoid costly repairs in the future is also fueling the demand for concrete repair mortars. This is particularly evident in industries such as transportation, where bridges, roads, and highways require regular maintenance to ensure safety and avoid accidents.
The India concrete repair mortars market is expected to witness significant growth in the coming years. This can be attributed to the rising demand for repair and renovation activities in the country's construction industry. The increasing focus on infrastructure development and government initiatives for affordable housing projects are also contributing factors to the growth of this market. One of the major driving forces behind the demand for concrete repair mortars in India is the need to maintain and extend the lifespan of existing structures. With a large number of aging buildings and structures, there is a growing need for high-quality repair products that can effectively rehabilitate and strengthen them.
According to Vasudha, Senior Research Analyst, 6Wresearch, among the different types of concrete repair mortars available in the Indian market, the segment for polymer modified cementitious mortars is expected to witness the highest growth. This can be attributed to the superior properties offered by these mortars such as high strength, good adhesion, and resistance to chemicals and water.
The road infrastructure segment is expected to witness significant growth in the India concrete repair mortars market. The Indian government has been investing heavily in the development and maintenance of roads and highways across the country.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Concrete Repair Mortars Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Concrete Repair Mortars Market Revenues & Volume, 2021 & 2031F |
3.3 India Concrete Repair Mortars Market - Industry Life Cycle |
3.4 India Concrete Repair Mortars Market - Porter's Five Forces |
3.5 India Concrete Repair Mortars Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Concrete Repair Mortars Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 India Concrete Repair Mortars Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Concrete Repair Mortars Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Concrete Repair Mortars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in India |
4.2.2 Growing demand for repair and maintenance of aging concrete structures |
4.2.3 Rising awareness about the benefits of using concrete repair mortars |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Lack of skilled labor for concrete repair work |
4.3.3 Regulatory challenges in obtaining necessary approvals for repair projects |
5 India Concrete Repair Mortars Market Trends |
6 India Concrete Repair Mortars Market, By Types |
6.1 India Concrete Repair Mortars Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Concrete Repair Mortars Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Concrete Repair Mortars Market Revenues & Volume, By Polymer Modified Cementitious Mortars, 2021-2031F |
6.1.4 India Concrete Repair Mortars Market Revenues & Volume, By Epoxy Based Mortars, 2021-2031F |
6.2 India Concrete Repair Mortars Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 India Concrete Repair Mortars Market Revenues & Volume, By Structural, 2021-2031F |
6.2.3 India Concrete Repair Mortars Market Revenues & Volume, By Non Structural, 2021-2031F |
6.3 India Concrete Repair Mortars Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Concrete Repair Mortars Market Revenues & Volume, By Hand/trawling, 2021-2031F |
6.3.3 India Concrete Repair Mortars Market Revenues & Volume, By Pouring, 2021-2031F |
6.3.4 India Concrete Repair Mortars Market Revenues & Volume, By Spraying, 2021-2031F |
6.4 India Concrete Repair Mortars Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 India Concrete Repair Mortars Market Revenues & Volume, By Buildings & Carparks, 2021-2031F |
6.4.3 India Concrete Repair Mortars Market Revenues & Volume, By Road Infrastructure, 2021-2031F |
6.4.4 India Concrete Repair Mortars Market Revenues & Volume, By Utility, 2021-2031F |
6.4.5 India Concrete Repair Mortars Market Revenues & Volume, By Marine, 2021-2031F |
7 India Concrete Repair Mortars Market Import-Export Trade Statistics |
7.1 India Concrete Repair Mortars Market Export to Major Countries |
7.2 India Concrete Repair Mortars Market Imports from Major Countries |
8 India Concrete Repair Mortars Market Key Performance Indicators |
8.1 Average project completion time using concrete repair mortars |
8.2 Number of new product innovations in the concrete repair mortars sector |
8.3 Percentage increase in the adoption of advanced concrete repair technologies |
8.4 Level of customer satisfaction with the performance of concrete repair mortars |
9 India Concrete Repair Mortars Market - Opportunity Assessment |
9.1 India Concrete Repair Mortars Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Concrete Repair Mortars Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 India Concrete Repair Mortars Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Concrete Repair Mortars Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Concrete Repair Mortars Market - Competitive Landscape |
10.1 India Concrete Repair Mortars Market Revenue Share, By Companies, 2024 |
10.2 India Concrete Repair Mortars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |