The Indian construction chemical market - Revision history

Designing Buildings at 07:58, 27 February 2021

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	Key market participants include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies		Key market participants include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies

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	Key market participants include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies		Key market participants include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies
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Designing Buildings: moved India Construction Chemical Market To Make Great Impact In Near Future by 2020 to The Indian construction chemical market

2017-01-05T14:13:18Z

moved India Construction Chemical Market To Make Great Impact In Near Future by 2020 to The Indian construction chemical market

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Revision as of 14:13, 5 January 2017

Designing Buildings at 14:12, 5 January 2017

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−	~~Future Market Insights (FMI)~~, ~~in its recent report titled~~, ~~“Construction Chemical Market: India Industry Analysis and Opportunity Assessment 2014 - 2020”~~, ~~projects that the India construction~~ chemical ~~market will exhibit a CAGR of 17~~.~~2% during 2014~~ to ~~2020. The market is projected to reach US$ 1,890 million by 2020~~.	+	Construction chemicals are added to construction materials to improve their workability, performance, functionality, chemical resistance and durability. Use of construction chemicals has seen significant growth over the past decade due to increasing infrastructure development activities in developing economies.

−	~~Construction chemicals are added to construction materials~~ in ~~order to improve their workability~~, ~~performance, functionality~~, chemical ~~resistance and durability~~. ~~Utilisation of construction chemicals has witnessed significant growth over the past decade due~~ to ~~increasing infrastructure development activities in developing economies~~.	+	Future Market Insights (FMI), in its recent report titled, “Construction Chemical Market: India Industry Analysis and Opportunity Assessment 2014 - 2020”, projects that the India construction chemical market will exhibit a CAGR of 17.2% from 2014 to 2020. The market is projected to reach US$ 1,890 million by 2020.

−	~~The report analyses the [http://www.futuremarketinsights.com/reports/details/india~~-~~construction-chemical-market India~~ construction chemicals market] in ~~terms of~~ market ~~value (US$ Mn)~~, ~~segment, end user~~, and ~~regions, providing information regarding market dynamics, competitive landscape, current trends, market estimations and forecast~~.	+	Government regulations, an increase in foreign investment activities, urbanisation, and a growing preference for ready-mix concrete (RMC) are some of the factors driving the growth of the construction chemicals market in India. The challenges faced by this market include; low availability of skilled manpower, volatility in raw material prices, and a lack of interest in the implementation of quality standards by infrastructure developers.

−	~~Government regulations based on the concept of ‘Green Revolution’, increase~~ in ~~foreign investment activities, urbanisation, and growing preference for utilisation of ready-mix concrete (RMC) are some of the prominent factors that are driving the growth of~~ the construction ~~chemicals~~ market in ~~India. A few challenges faced by this market are low availability of skilled manpower, volatility~~ in ~~raw material prices~~, ~~and lack~~ of ~~interest for implementation~~ of ~~quality standards by infrastructure developers~~.	+	Some major trends in the Indian construction chemical market include; an increase in investment in research and development, entry of new players, adoption of sustainable products and technological advancements.

−	~~Some major trends in India construction chemical market are increase in investment in R&D, entry of new players, adoption of sustainable products and technological advancements.~~ Asian region is ~~turning out to be~~ focus point for most of the major construction chemicals companies for investment in R&D~~. Rising construction of new buildings and renovation activities across India is expected to boost the overall demand for construction chemicals in the near future~~.	+	The Asian region is becoming the focus point for most of the major construction chemicals companies for investment in R&D.

−	~~Request Free Report Sample@ [http~~:~~//www.futuremarketinsights.com/reports/sample/rep-in-87 http://www.futuremarketinsights.com/reports/sample/rep-in-87]~~	+	Indian construction chemicals can be categorised as:

−	~~India construction chemicals market on the basis of types is segmented as~~ admixtures, flooring chemicals, water proofing compounds, adhesives ~~&~~ sealants, repair and rehabilitation ~~& others~~. Adhesives & sealants and admixtures segment is expected to collectively account for 61.2% share of the India construction chemicals market by 2020. It is anticipated that there will be a decline in the growth of the repair, rehabilitation & others ~~segment from 12.7% in 2014 to 11.9% in 2020, indicating a lack of inspection and maintenance in the construction industry in India~~.	+	* admixtures.
		+	* flooring chemicals.
		+	* water proofing compounds.
		+	* adhesives and sealants.
		+	* repair and rehabilitation.
		+	* others.

−	~~On the basis of end use sectors, India construction chemical market is segmented as infrastructure sector~~ and ~~residential & commercial sector. Infrastructure sector is likely~~ to ~~grow at~~ a ~~CAGR of 18~~.3%~~. The residential and commercial segment has a~~ share of ~~34% in overall~~ Indian construction ~~chemical~~ market ~~with~~ a ~~steady Y-o-Y~~ growth of 16% in 2020.	+	Adhesives and sealants and admixtures are expected to account for a 61.2% share of the Indian construction chemicals market by 2020. It is anticipated that there will be a decline in the growth of the repair, rehabilitation and others segments from 12.7% in 2014 to 11.9% in 2020, indicating a lack of inspection and maintenance in the construction industry in India.

−	~~From regional perspective~~, ~~India construction chemical~~ market is segmented into ~~northern region, eastern region, western region~~ and ~~southern region~~. ~~Currently, northern region~~ is ~~expected~~ to ~~experience highest~~ CAGR of 17.8% ~~as compared to other regions. Southern region is likely to create an opportunity which is three times the value in 2013~~. The ~~southern region comprises the states of Tamil Nadu, Andhra Pradesh, Karnataka~~ and ~~Kerala. This region realises the potential~~ of ~~IT services and hence are able to attract significant investment from these service and manufacturing companies. Chemical and engineering industries are the main drivers~~ of ~~growth in western region particularly in Maharashtra and Gujarat~~.	+	On the basis of end use sectors, the market is segmented into infrastructure and the residential and commercial sector. Infrastructure is likely to grow at a CAGR of 18.3%. The residential and commercial segment has a share of 34% with a steady year on year growth of 16%.

−	~~Key~~ market ~~participants covered~~ in the ~~report~~ include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies	+	From a regional perspective, India market is segmented into; the northern region, eastern region, western region and southern region. Currently, the northern region is expected to experience the highest CAGR of 17.8% compared to other regions. The southern region is likely to become three times the value it was in 2013. The southern region comprises the states of Tamil Nadu, Andhra Pradesh, Karnataka and Kerala. This region has the potential of IT services and hence is able to attract significant investment from these service and manufacturing companies. Chemical and engineering industries are the main drivers of growth in the western region particularly in Maharashtra and Gujarat.
		+
		+	Key market participants include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies

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2017-01-04T13:24:08Z

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Future Market Insights (FMI), in its recent report titled, “Construction Chemical Market: India Industry Analysis and Opportunity Assessment 2014 - 2020”, projects that the India construction chemical market will exhibit a CAGR of 17.2% during 2014 to 2020. The market is projected to reach US$ 1,890 million by 2020.

Construction chemicals are added to construction materials in order to improve their workability, performance, functionality, chemical resistance and durability. Utilisation of construction chemicals has witnessed significant growth over the past decade due to increasing infrastructure development activities in developing economies.

The report analyses the [http://www.futuremarketinsights.com/reports/details/india-construction-chemical-market India construction chemicals market] in terms of market value (US$ Mn), segment, end user, and regions, providing information regarding market dynamics, competitive landscape, current trends, market estimations and forecast.

Government regulations based on the concept of ‘Green Revolution’, increase in foreign investment activities, urbanisation, and growing preference for utilisation of ready-mix concrete (RMC) are some of the prominent factors that are driving the growth of the construction chemicals market in India. A few challenges faced by this market are low availability of skilled manpower, volatility in raw material prices, and lack of interest for implementation of quality standards by infrastructure developers.

Some major trends in India construction chemical market are increase in investment in R&D, entry of new players, adoption of sustainable products and technological advancements. Asian region is turning out to be focus point for most of the major construction chemicals companies for investment in R&D. Rising construction of new buildings and renovation activities across India is expected to boost the overall demand for construction chemicals in the near future.

Request Free Report Sample@ [http://www.futuremarketinsights.com/reports/sample/rep-in-87 http://www.futuremarketinsights.com/reports/sample/rep-in-87]

India construction chemicals market on the basis of types is segmented as admixtures, flooring chemicals, water proofing compounds, adhesives & sealants, repair and rehabilitation & others. Adhesives & sealants and admixtures segment is expected to collectively account for 61.2% share of the India construction chemicals market by 2020. It is anticipated that there will be a decline in the growth of the repair, rehabilitation & others segment from 12.7% in 2014 to 11.9% in 2020, indicating a lack of inspection and maintenance in the construction industry in India.

On the basis of end use sectors, India construction chemical market is segmented as infrastructure sector and residential & commercial sector. Infrastructure sector is likely to grow at a CAGR of 18.3%. The residential and commercial segment has a share of 34% in overall Indian construction chemical market with a steady Y-o-Y growth of 16% in 2020.

From regional perspective, India construction chemical market is segmented into northern region, eastern region, western region and southern region. Currently, northern region is expected to experience highest CAGR of 17.8% as compared to other regions. Southern region is likely to create an opportunity which is three times the value in 2013. The southern region comprises the states of Tamil Nadu, Andhra Pradesh, Karnataka and Kerala. This region realises the potential of IT services and hence are able to attract significant investment from these service and manufacturing companies. Chemical and engineering industries are the main drivers of growth in western region particularly in Maharashtra and Gujarat.

Key market participants covered in the report include BASF India, Pidilite, Sika India Pvt. Ltd., Forsoc Chemicals (India) Ltd., Chembond Chemicals and CICO Technologies