India construction chemicals market is slated to witness a substantial growth in the years to come due to improvement in infrastructure with a lot of attention being drawn by domestic and foreign participants inclusive of institutional investors, chemical manufacturers. Several construction chemicals manufacturing facilities are being set up all over India. Plus, renovation activities have picked up speed. From the tourism perspective, the architecture marvels pertaining to 15th, 16th, 17th, 18th century are undergoing replenishment, so as to simplify their maintenance going forward.
Amongst the 4 zones of India (North, West, East, and South), the northern region is bound to draw maximum revenue, followed by down South, especially as it houses several ancient temples and forts. Coming to West and East, several constructions pertaining to the British era need refurbishment. Regarding the commercial buildings, the metro cities are already on the run. Overall, India construction chemicals market is there to garner sizable revenue going forward. Persistence Market Research (PMR) has moved ahead with every constructive insight regarding this market in India.
Persistence Market Research (PMR) has categorized India construction chemicals market by product into concrete mixtures (accelerators, retarders, air entertainers, and plasticizers (lingo, PCE, SNF)), waterproofing chemicals (bitumen, PVC, EPDM, TPO, PTFE, silicone, acrylic polymers, styrene-butadiene, cementitious membrane, PU membrane – liquid-applied membrane, crystalline, and additives in waterproofing), protective coatings (epoxy, polyurethane, acrylic, alkyd, polyester, and others), adhesives & sealants (adhesives (tile adhesives (cementitious, epoxy tile grouts), masonry mortar (sealants (MS hybrid, silicone, PU, weatherproof silicone, and polysulfide)), concrete repair mortar (cement-based), and plaster (asphalt additives, gypsum-based, and cement-based). By application, it’s commercial & industrial, residential, and infrastructure.
Persistence Market Research (PMR) has profiled the key players in India construction chemicals market as Pidilite Industries Ltd., BASF SE, Sika AG, MAPEI SpA, and Forsoc Inc. PMR has also drawn home the point that concrete admixtures are amongst the ingredients to be added to concrete mixture prior to or at the time of mixing. These admixtures do facilitate cost-effectiveness by modifying hardened concrete’s properties. This renders better quality during placing, transporting, mixing, and curing. As per weight of cement, admixture is added in a comparatively smaller quantity. At the same time, it has been advised to avoid overuse of these admixtures.
The admixtures span retarding, air-entraining, accelerating, water reducing, plasticizing, and several others. Plus, there are is exclusive category of admixtures that caters to workability enhancement, corrosion inhibition, shrinkage reduction, coloring, bonding, alkali-silica reactivity reduction, and damp proofing.
India construction chemicals market is slated to flourish with initiatives by the government like “Housing for all by 2022”. India is also home to massive research regarding construction chemicals. The “go green” initiative by the government of India is bolstering use of ready-to-mix (RMC) concrete. This scenario is expected to remain unchanged even in the next decade. Plus, urbanization in India is expected to reach its peak in the upcoming period. As such, India construction chemicals market is bound to grow unabated in the forecast period. Persistence Market Research (PMR) has left no stone unturned in entailing this through its market study entitled “India Construction Chemicals Market”.
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