PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534388
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534388
India Construction Chemicals Market, By Type; By Application; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Construction Chemicals Market Size Expands at Strong CAGR to Touch USD 5.63 Billion and 352.36 Million Metric Tons by 2030
India Construction Chemicals Market is flourishing due to the governments' increasing investments in housing schemes, rapid urbanization and residential constructions, and growing adoption of innovations and technological advancements in the building and construction sector.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Construction Chemicals Market size by value at USD 3.47 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Construction Chemicals Market size to expand at a CAGR of 7.68% reaching a value of USD 5.63 billion by 2030. The Construction Chemicals Market in India is propelled by the increasing infrastructure development. Construction chemicals, essential for enhancing the performance and durability of building materials, are vital across the infrastructure, residential, and commercial sectors. Industry trends are shifting towards cost-effective and eco-friendly solutions, propelled by government support for green building practices.
By volume, BlueWeave estimated the India Construction Chemicals Market size at 298.13 million metric tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Construction Chemicals Market size by volume is projected to grow at a CAGR of 7.43% reaching the volume of 352.36 million metric tons by 2030. The 2019 Union Budget's emphasis on low VOC, high-quality waterproofing systems has accelerated this shift. With only 447 out of 2,362 registered buildings certified as green, there is significant growth potential, encouraging manufacturers to focus on sustainable construction, boosting the demand for construction chemicals.
Opportunity - Smart Cities and Urban Planning
India's ambitious push to develop 100 smart cities is reshaping urban planning and significantly boosting the construction chemicals market. These smart cities incorporate advanced technologies to improve infrastructure, resource management, and quality of life. Key components like smart energy systems, efficient transportation, and robust communication networks drive the need for innovative construction solutions. Construction chemicals, such as admixtures, waterproofing agents, and protective coatings, are essential for building sustainable, durable, and high-performance structures. As India aligns with global standards for sustainable urbanization, these chemicals play a pivotal role in enhancing energy efficiency, extending the lifespan of buildings, and ensuring compliance with stringent safety regulations. Consequently, the smart city initiative is propelling the growth of the construction chemicals market, making it a cornerstone of modern urban development in India.
Impact of Escalating Geopolitical Tensions on India Construction Chemicals Market
Geopolitical tensions can have a multifaceted impact on the India Construction Chemicals Market by introducing uncertainties that affect investments and construction activities. Uncertain geopolitical conditions can lead to fluctuating material costs, supply chain disruptions, and economic instability, all of which influence the market dynamics. Investors and developers may delay projects or adopt cautious approaches, affecting the demand for construction chemicals. Moreover, heightened tensions can impact trade relations, potentially affecting imports of raw materials essential for manufacturing these chemicals. The market thus navigates challenges of increased costs, supply uncertainties, and strategic shifts in response to geopolitical developments impacting India's construction sector.
India Construction Chemicals Market
Segmental Coverage
India Construction Chemicals Market - By Type
By type, the India Construction Chemicals Market is divided into Admixtures, Surface Treatment, Concrete Repair, Industrial Flooring, Grouts & Anchors, Soil Stabilizer, and Waterproofing & Protective Coatings segments. The admixtures segment holds the highest share in the India Construction Chemicals Market by type. Concrete admixtures are additives incorporated into concrete either during or prior to mixing. These substances enhance the properties of cured concrete, thereby reducing construction costs and ensuring improved quality throughout mixing, transportation, placement, and curing processes. This capability equips users to effectively manage challenges encountered during concrete applications. The continuous advancement of chemical admixtures promises substantial enhancements in various construction sectors, from residential homes to large-scale commercial structures and skyscrapers. India's expanding construction industry is a key driver behind the significant growth observed in the market for concrete admixtures, thereby bolstering the broader India Construction Chemicals market.
India Construction Chemicals Market - By Region
Geographically, the India Construction Chemicals Market is divided into North India, South India, East India, and West India regions. The North India holds the highest share in the India Construction Chemicals Market and is expected to maintain its dominance over the forecast period. It can be attributed to the swift infrastructure development and rising government investment. Population growth and increasing disposable incomes are also boosting demand for these chemicals, especially in residential construction. These factors collectively propel the construction chemical industry's growth in the region. Meanwhile, the East India is expected to witness the fastest growth market during the forecast period. It can be attributed to its durability and energy-efficient construction materials.
Competitive Landscape
The India Construction Chemicals Market is fragmented, with numerous players serving the market. The key players dominating the India Construction Chemicals Market include Ardex Group, Don Construction Products Ltd, ECMAS Group, Fosroc, Inc., MAPEI, Pidilite Industries Ltd, Saint-Gobain, Sika AG, The Dow Chemical Company, and Chembond Chemicals Limited. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Construction Chemicals Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Construction Chemicals Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Construction Chemicals Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Government investments and schemes
- 3.2.1.2. Rising urbanization and residential construction
- 3.2.1.3. Innovations and technological advancements
- 3.2.1.4. Growing infrastructure development
- 3.2.2. Restraints
- 3.2.2.1. Price sensitivity
- 3.2.2.2. Stringent regulations and quality standards
- 3.2.2.3. Outdated construction techniques
- 3.2.3. Opportunities
- 3.2.3.1. Growing demand for eco-friendly products
- 3.2.3.2. Rise of smart cities and urban planning
- 3.2.3.3. Growing demand for high-quality products
- 3.2.4. Challenges
- 3.2.4.1. Raw material price fluctuations
- 3.2.4.2. Competition from low-cost substitutes
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Construction Chemicals Market: Marketing Strategies
5. India Construction Chemicals Market: Pricing Analysis
6. India Construction Chemicals Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.1.2. By Volume (Million Metric Tons)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.1.1. Admixtures
- 6.2.1.2. Surface Treatment
- 6.2.1.3. Concrete Repair
- 6.2.1.4. Industrial Flooring
- 6.2.1.5. Grouts & Anchors
- 6.2.1.6. Soil Stabilizer
- 6.2.1.7. Waterproofing & Protective Coatings
- 6.2.2. By Application
- 6.2.2.1. Residential
- 6.2.2.2. Commercial
- 6.2.2.3. Industrial
- 6.2.2.4. Others
- 6.2.3. By Region
- 6.2.3.1. North India
- 6.2.3.2. South India
- 6.2.3.3. East India
- 6.2.3.4. West India
- 6.2.1. By Type
7. North India Construction Chemicals Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.1.2. By Volume (Million Metric Tons)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Application
8. South India Construction Chemicals Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.1.2. By Volume (Million Metric Tons)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Application
9. East India Construction Chemicals Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.1.2. By Volume (Million Metric Tons)
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Application
10. West India Construction Chemicals Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.1.2. By Volume (Million Metric Tons)
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Application
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Construction Chemicals Market Company Market Share Analysis, 2023
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Escalating Geopolitical Tensions on India Construction Chemicals Market
13. Company Profiles
- 13.1. Ardex Group
- 13.2. Don Construction Products Ltd
- 13.3. ECMAS Group
- 13.4. Fosroc, Inc.
- 13.5. MAPEI
- 13.6. Pidilite Industries Ltd
- 13.7. Saint-Gobain
- 13.8. Sika AG
- 13.9. The Dow Chemical Company
- 13.10. Chembond Chemicals Limited
- 13.11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 India Construction Chemicals Segmentation
- Figure 2 India Construction Chemicals Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Figure 6 India Construction Chemicals Market Share, By Type, By Value, 2019-2030
- Figure 7 India Construction Chemicals Market Share, By Application, By Value, 2019-2030
- Figure 8 India Construction Chemicals Market Share, By Region, By Value, 2019-2030
- Figure 9 North India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 10 North India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Figure 11 North India Construction Chemicals Market Share, By Type, By Value, 2019-2030
- Figure 12 North India Construction Chemicals Market Share, By Application, By Value, 2019-2030
- Figure 13 South India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 14 South India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Figure 15 South India Construction Chemicals Market Share, By Type, By Value, 2019-2030
- Figure 16 South India Construction Chemicals Market Share, By Application, By Value, 2019-2030
- Figure 17 East India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 18 East India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Figure 19 East India Construction Chemicals Market Share, By Type, By Value, 2019-2030
- Figure 20 East India Construction Chemicals Market Share, By Application, By Value, 2019-2030
- Figure 21 West India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Figure 22 West India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Figure 23 West India Construction Chemicals Market Share, By Type, By Value, 2019-2030
- Figure 24 West India Construction Chemicals Market Share, By Application, By Value, 2019-2030
List of Tables
- Table 1 India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Table 3 India Construction Chemicals Market Size, By Type, By Value, 2019-2030
- Table 4 India Construction Chemicals Market Size, By Application, By Value, 2019-2030
- Table 5 India Construction Chemicals Market Size, By Region, By Value, 2019-2030
- Table 6 North India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 7 North India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Table 8 North India Construction Chemicals Market Size, By Type, By Value, 2019-2030
- Table 9 North India Construction Chemicals Market Size, By Application, By Value, 2019-2030
- Table 10 South India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 11 South India Construction Chemicals Market Size, By Volume (Million Metric Tons), 2019-2030
- Table 12 South India Construction Chemicals Market Size, By Type, By Value, 2019-2030
- Table 13 South India Construction Chemicals Market Size, By Application, By Value, 2019-2030
- Table 14 East India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 15 East India Construction Chemicals Market Size, By Value (Million Metric Tons), 2019-2030
- Table 16 East India Construction Chemicals Market Size, By Type, By Value, 2019-2030
- Table 17 East India Construction Chemicals Market Size, By Application, By Value, 2019-2030
- Table 18 West India Construction Chemicals Market Size, By Value (USD Billion), 2019-2030
- Table 19 West India Construction Chemicals Market Size, By Volume (USD Billion), 2019-2030
- Table 20 West India Construction Chemicals Market Size, By Type, By Value, 2019-2030
- Table 21 West India Construction Chemicals Market Size, By Application, By Value, 2019-2030
- Table 22 Ardex Group Company Overview
- Table 23 Ardex Group Financial Overview
- Table 24 Don Construction Products Ltd Company Overview
- Table 25 Don Construction Products Ltd Financial Overview
- Table 26 ECMAS Group Company Overview
- Table 27 ECMAS Group Financial Overview
- Table 28 Fosroc, Inc. Company Overview
- Table 29 Fosroc, Inc. Financial Overview
- Table 30 MAPEI Company Overview
- Table 31 MAPEI Financial Overview
- Table 32 Pidilite Industries Ltd Company Overview
- Table 33 Pidilite Industries Ltd Financial Overview
- Table 34 Saint-Gobain Company Overview
- Table 35 Saint-Gobain Financial Overview
- Table 36 Sika AG Company Overview
- Table 37 Sika AG Financial Overview
- Table 38 The Dow Chemical Company Overview
- Table 39 The Dow Chemical Company Financial Overview
- Table 40 Chembond Chemicals Limited Company Overview
- Table 41 Chembond Chemicals Limited Financial Overview
