Market Forecast By Type (Concrete Admixture, Construction Adhesive, Construction Sealant, Flame Retardant) And Competitive Landscape
Product Code: ETC4483765 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | India Construction Chemicals Market |
Forecast period | 2025-2031 |
CAGR | 8% |
Growing Sector | Residential |
The India Construction Chemicals Market Report thoroughly covers the market by type. The India Construction Chemicals Market Outlook report provides an unbiased and detailed analysis of the ongoing India Construction Chemicals 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 construction chemicals market has been attaining growth, driven by increasing infrastructure investment and urbanization. The government's initiatives and investments in the construction sector will further contribute to the market's growth. The players in the industry need to innovate and develop new products to maintain their competitiveness in the market.
According to 6Wresearch, the India Construction Chemicals Market size is anticipated to rise at a CAGR of 8% during 2025-2031. The Indian population is steadily growing, and with it, the demand for residential and commercial infrastructure. The growth of urban areas and industrialization has led to increased demand for buildings and infrastructure. The use of construction chemicals is crucial in ensuring quality, durability, and sustainability of these structures. Construction chemicals such as waterproofing compounds, concrete admixtures, and flooring chemicals are now widely used to meet the increasing demand for infrastructure. The Indian government has committed significant investments in infrastructure development in recent years. Prime Minister Narendra Modi's flagship program 'Smart Cities Mission' and 'Housing for All' scheme aim to build 100 smart cities and provide affordable housing for all by 2022. These factors have been stimulating the India Construction Chemicals Market growth.
India is facing a severe shortage of skilled construction workers and contractors, which is hindering the growth of the construction sector. The lack of skilled workers is affecting the quality of construction projects and leading to delays. The use of construction chemicals can help bridge the skill gap and ensure that the construction projects are of high quality and completed on time. The prices of raw materials used in the production of construction chemicals have been increasing, which is affecting construction projects' overall costs. This increase in cost is impacting the demand for construction chemicals. The manufacturers of construction chemicals need to find ways to reduce the cost of production to ensure the products remain affordable to customers.
Some of the key players in the India construction chemicals market are BASF India Limited, Sika India Private Limited, Pidilite Industries Limited, Dow Chemical International Private Limited, Chembond Chemicals Ltd, and Fosroc Chemicals India Private Limited. These companies are competing to gain market share by developing new products and innovative technologies.
The Indian government has launched several initiatives to boost the construction chemicals market. The "Make in India" initiative aims to promote indigenous manufacturing in the country and attract investment from foreign companies. The "Digital India" initiative aims to promote digitalization in the construction sector, leading to increased efficiency in the construction process.
The India construction chemicals market is expected to continue growing in the coming years. The demand for construction chemicals is expected to increase, driven by the growth of the construction sector, rising investment in infrastructure, and increasing urbanization. The Indian government's initiatives to promote the construction sector and manufacturing in the country are expected to further boost the market's growth.
According to Parth, Senior Research Analyst, 6Wresearch, concrete admixture is one of the largest segments in the construction chemicals market in India. It is used to improve the properties of concrete such as workability, durability, strength, and resistance to environmental influences. Concrete admixture is majorly used in infrastructure projects such as highways, flyovers, and bridges.
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 Construction Chemicals Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Construction Chemicals Market Revenues & Volume, 2021 & 2031F |
3.3 India Construction Chemicals Market - Industry Life Cycle |
3.4 India Construction Chemicals Market - Porter's Five Forces |
3.5 India Construction Chemicals Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Construction Chemicals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Construction Chemicals Market Trends |
6 India Construction Chemicals Market, By Types |
6.1 India Construction Chemicals Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Construction Chemicals Market Revenues & Volume, By Type, 2021 & 2031F |
6.1.3 India Construction Chemicals Market Revenues & Volume, By Concrete Admixture, 2021 & 2031F |
6.1.4 India Construction Chemicals Market Revenues & Volume, By Construction Adhesive, 2021 & 2031F |
6.1.5 India Construction Chemicals Market Revenues & Volume, By Construction Sealant, 2021 & 2031F |
6.1.6 India Construction Chemicals Market Revenues & Volume, By Flame Retardant, 2021 & 2031F |
7 India Construction Chemicals Market Import-Export Trade Statistics |
7.1 India Construction Chemicals Market Export to Major Countries |
7.2 India Construction Chemicals Market Imports from Major Countries |
8 India Construction Chemicals Market Key Performance Indicators |
9 India Construction Chemicals Market - Opportunity Assessment |
9.1 India Construction Chemicals Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Construction Chemicals Market - Competitive Landscape |
10.1 India Construction Chemicals Market Revenue Share, By Companies, 2024 |
10.2 India Construction Chemicals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |