As per Persistence Market Research analysis, the India construction chemicals market is projected to reach a market value of US$ 21.6 Bn in 2031, expanding at an impressive CAGR of close to 14% over the forecast period of 2021-2031.
Construction chemicals are usually added to construction materials in order to improve their strength, durability, workability, and other operational and functional properties, and encompass admixtures, water-proofing chemicals, adhesives and sealants, protective coatings, and asphalt additives. Increasing foreign direct investment in the country is expected to bolster the construction industry in India, especially infrastructure projects initiated by the government, thereby pushing demand for construction chemicals over the coming years.
Planning Forward? Access Sample of India Construction Chemicals Market Report @ https://www.persistencemarketresearch.com/samples/22522
Key Takeaways from India Construction Chemicals Market Study
Get A Customized Scope To Match Your Need Ask An Expert – email@example.com
“The Indian construction chemicals market is highly fragmented, and hence, competitive in nature, with the presence of a large number of local players. Demand is anticipated to rise with growth in urbanization and metro cities’ speedy construction projects in the country,” says an analyst at Persistence Market Research.
How About Re-Inventing The Methodical Wheel In The India Construction Chemicals Market? Switch Over To The “Methodology” Tab! https://www.persistencemarketresearch.com/methodology/22522
COVID Impact: Owing to the ongoing crisis caused by COVID-19, the production and distribution chain has seen a minor slump. Raw materials required for the production of construction chemicals are manufactured by chemical companies, which experienced a downturn during the pandemic. Furthermore, the construction sector was highly impacted by the pandemic, as ongoing and upcoming construction projects have been delayed.
Market Landscape Continues to Remain Moderately Fragmented
Key manufacturers in the India construction chemicals market, such as Chembond Chemicals Limited, Master Builder Solutions, SIKA AG, The Dow Chemical Company, Pidilite Industries, Fosroc International, MAPEI Construction Products India Pvt. Ltd., Flowcrete India Ltd, etc., are focused on strengthening their product portfolios and expanding their market footprint through the acquisition of smaller companies in the market. With numerous players spread across the country, the constriction chemicals landscape in India will remain fragmented.
Want to Know More?
Persistence Market Research has published a market research report on the India construction chemicals market, which contains industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the market through different segments, namely, product, application, and region. The research report also provides supply and demand trends, supply-demand scenario, a comprehensive list of suppliers and distributors in the market, along with a detailed overview of the parent market.
Planning To Introduce An Offbeat Product/Technology In The India Construction Chemicals Market? Go To “Purchase Now” To Have Our India Construction Chemicals Market Report! https://www.persistencemarketresearch.com/checkout/22522
About Persistence Market Research – Chemicals and Materials
Persistence Market Research’s chemical & materials team is regarded as one of the most reliable and authoritative sources of intelligence among stakeholders across the value chain. Our team of industry experts provide vital insights across a broad range of sub domains, including but not limited to, commodity, specialty chemicals, composites, nanotechnology, and institutional cleaning chemicals. Persistence Market Research’s consulting services include market sizing, product and market segmentation, and a detailed discussion on prevailing and anticipated market conditions. Reach out to us for more information on how we can help.
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – firstname.lastname@example.org
Website – https://www.persistencemarketresearch.com