India Construction Chemical Market (2024-2030) | Value, Trends, Companies, Size, Outlook, Industry, Share, Forecast, Revenue, Analysis & Growth

India Construction Chemical Market Highlights

Report Name	India Construction Chemical Market
Forecast period	2024-2030
CAGR	11.4%
Growing Sector	Residential

Topics Covered in India Construction Chemical Market Report

The India Construction Chemical Market Report thoroughly the market by type and end-use. The India Construction Chemical Market Outlook report provides an unbiased and detailed analysis of the ongoing India Construction Chemical 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 Chemical Market Synopsis

The India Construction Chemical Market has been experiencing significant growth over the past decade. This can be attributed to the rapid urbanization and infrastructure development taking place in the country. Construction chemicals are specialty chemicals that are used in various stages of construction to improve the quality, strength, and durability of structures.

According to 6Wresearch, the India Construction Chemical Market size is anticipated to rise at a CAGR of 11.4% during 2024-2030.  One of the major drivers for the growth of the India construction chemical market is the rapid urbanization in the country. With a growing population, there is an increasing need for housing, infrastructure, and commercial spaces. Moreover, strict government regulations and policies regarding sustainable and eco-friendly construction practices have also contributed to the growth of the market. The Indian government has introduced initiatives such as Smart Cities Mission, Housing for All by 2022, and Atal Mission for Rejuvenation and Urban Transformation (AMRUT) which focus on developing sustainable and efficient infrastructure in urban areas. This drives the India Construction Chemical Market growth.

Construction Chemical Market in India: Leading Players

The construction chemicals market in India is highly competitive, with both domestic and international players operating in the country. Major players include BASF India Ltd., SIKA India Pvt. Ltd., Pidilite Industries Ltd., Fosroc Chemicals (India) Pvt. Ltd., and Chembond Chemicals Ltd. These companies are constantly investing in research and development to introduce new and advanced products, as well as improve existing ones.

India Construction Chemical Industry: Government Initiatives

The Government of India has been actively promoting sustainable and affordable housing through various initiatives, such as the Pradhan Mantri Awas Yojana (PMAY), Smart Cities Mission, and Atal Mission for Rejuvenation and Urban Transformation (AMRUT). These initiatives have significantly boosted the demand for construction chemicals in the country. Under PMAY, the government aims to provide affordable housing to all urban poor by 2022. This has led to a surge in demand for construction chemicals, as they are crucial in ensuring the durability and sustainability of affordable housing projects.

Future Insights of the Market

The future outlook for the India construction chemical market is positive, with rising investments in infrastructure projects and emerging trends such as green building construction. The government's focus on sustainable development and stricter regulations related to the usage of construction chemicals are expected to drive market growth in the coming years. Moreover, advancements in technology and increasing research and development activities by key players are also anticipated to boost market growth.

Market Segmentation by Type

According to Suryakant, Senior Research Analyst, 6Wresearch, a segment that is experiencing significant growth in the Indian market is waterproofing and roofing chemicals. India experiences heavy rainfall during the monsoon season, making it crucial for buildings to have proper waterproofing measures in place.

Market Segmentation by End-Use

The residential segment is expected to see significant growth due to the rising demand for urban housing and a surge in real estate projects. The growing population and increasing disposable income have led to an increased demand for residential properties, thereby driving the demand for construction chemicals.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Construction Chemical Market Outlook
• Market Size of India Construction Chemical Market, 2023
• Forecast of India Construction Chemical Market, 2030
• Historical Data and Forecast of India Construction Chemical Revenues & Volume for the Period 2020-2030
• India Construction Chemical Market Trend Evolution
• India Construction Chemical Market Drivers and Challenges
• India Construction Chemical Price Trends
• India Construction Chemical Porter's Five Forces
• India Construction Chemical Industry Life Cycle
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Concrete Admixtures for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Water Proofing & Roofing for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Repair for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Flooring for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Sealants & Adhesives for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Other chemicals for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By End-Use for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Residential? for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Industrial/Commercial? for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Infrastructure for the Period 2020-2030
• Historical Data and Forecast of India Construction Chemical Market Revenues & Volume By Repair Structures for the Period 2020-2030
• India Construction Chemical Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-Use
• India Construction Chemical Top Companies Market Share
• India Construction Chemical Competitive Benchmarking By Technical and Operational Parameters
• India Construction Chemical Company Profiles
• India Construction Chemical Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Concrete Admixtures
• Water Proofing & Roofing
• Repair
• Flooring
• Sealants & Adhesives
• Other Chemicals

By End-Use

• Residential
• Industrial/Commercial
• Infrastructure
• Repair Structures

India Construction Chemical Market (2024-2030): FAQs