India Construction Chemical Market Outlook to 2020 – Rapid Infrastructure Development and Government Intervention to Promote Quality of Construction to Fuel Market Growth” which provides a comprehensive analysis of Construction chemicals Market in India. The report focuses on products such as concrete admixture, waterproofing, flooring, repair and rehabilitation, and others (Adhesives, Sealants, Protective Coating, Grouts and Resins) used in construction activity related to infrastructure and real estate development. The report covers market size and segmentation of construction chemicals market by products. Additionally, the report also covers sub segmentation for each construction chemicals products in India. The report covers recent trends and developments in India construction chemicals market. Market positioning of major players in construction chemicals has been discussed with detailed company profiles. The future outlook and projections for India construction chemicals market has been covered in the publication. The report also serves as a benchmark for every new player which is seeking to enter into construction chemicals market and what should be the focus and USP for that new player.
This report helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for construction chemical companies, construction companies, chemical suppliers and retailer, Manufacturer and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Market size for construction chemical in India was estimated at USD ~ million in 2015. It has registered a continuous growth in terms of revenue growing from USD ~ million in 2010 registering a CAGR of ~%. Construction in infrastructure sector and real estate development is the major consumer of construction chemical. Growth was especially higher during 2012-2015 owing to number of infrastructure projects, housing projects and government initiatives. Concrete admixture which is mixed with all type of concrete has the majority share of ~% with estimated market value of USD ~ million in 2015. It is a volume based product with low value and is available in powder and liquid based system. SNF (~ %) and PCE (~ %) based concrete admixture are two major type of concrete admixture. Repair and rehabilitation market in India is dominated by institutional sale. Almost entire inventory is sold for maintenance of aging commercial space or infrastructure in the country. Demand for these chemicals in retail sector is almost negligible or missing. Cementitious based repair mortar dominates the Indian market with share of ~% valued at USD ~ million. Entire repair and rehabilitation market in India was estimated at USD ~ million constituting ~% of Indian Construction Chemical Market.
Growth in cement consumption, surge in infrastructure investment, growth in real estate sector, fragmented market due to presence of several players, government regulations for construction chemicals has been the major governing trends in the market. Pidilite is a major construction chemical company in India with market share of ~% in 2015. Its total earning from sale construction chemical was estimated at USD ~ million and is the major player in Indian waterproofing market. Sika which is globally the market leader in construction chemical was third largest company in India in terms of revenue generated during 2015. After NDA government came to power in India after 2014 general elections, it announced many government programs and projects which were aimed at developing the infrastructure and housing sector in the country.
Cement consumption is on the rise in India. It was reported that cement consumption has increased from 206.6 million metric tons in 2010 to 270.3 million metric tons in 2015. Cement consumption is good indicator of construction activity and hence for demand of construction chemical market in India especially concrete admixture which is mixed with all type of concrete.
The market for construction chemicals is likely to grow at a CAGR of ~% during the period 2016-2020 with expected revenues of USD ~ million by 2020. Concrete admixture will continue to dominate the market in the coming years due to continuous surge in cement consumption. Government has also amended many regulations including Real Estate (Regulation and Development) Act 2016 which will boost confidence of investors and buyers in Indian real estate sector. Some large projects which cover major regions in the country such as Make in India, Smart Cities, and Delhi Mumbai Industrial Corridor will also lead to increased demand for construction chemicals.
Key Topics Covered in the Report:
- India Construction Chemical Market Introduction
- India Construction Chemical Market Size by Revenues, 2010-2015
- India Construction Chemical Market Segmentation by Type of Construction Chemical, by Concrete Admixture, by Water Proofing Chemicals, by Flooring Compounds, by Repair and Rehabilitation, 2015
- Recent Trends and Developments in India Construction Chemicals Market
- Market Share of Major Players in Indian Construction Chemical Market, 2015
- Competitive Landscape of Major Players in India Construction Chemicals Market including Pidilite, SIKA India, BASF India, Fosroc Chemicals India, CICO Technologies
- India Construction Chemical Market Future Outlook And Projections, 2016-2020
- Proposed and current Investment and reforms in Real Estate Sector
- Proposed and current Investment and reforms in Manufacturing Sector
- Analyst Recommendation
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