India Construction Chemicals Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Country: (India)

The India Construction Chemical market is on a strong growth trajectory, projected to reach USD 6.68 billion by 2031, with a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031. According to the publisher, the market's expansion is fueled by increasing investments in infrastructure, innovative construction solutions, and government-led initiatives like Make in India.

India's construction chemical industry is poised for significant growth, driven by rapid urbanization, infrastructure development, and increasing demand for sustainable construction practices. The market is expected to reach USD 2.8 billion by 2024 and expand further with substantial contributions from key regions like North and South India.

Drivers of Growth

1. Government Expenditure: The Indian government has allocated USD 133.9 billion for infrastructure in FY25, emphasizing roadways, railways, and housing.

2. Housing and Urbanization: Increasing demand for affordable housing and urban development is driving the adoption of advanced construction chemicals.

3. Sustainability: Rising interest in environmentally friendly construction techniques, such as admixture concrete for airtight, durable designs.

Business Opportunities

The market presents lucrative opportunities due to:

• Commercial Projects: High adoption of eco-friendly materials in rapid construction techniques.
• Research and Development: Investments in developing innovative construction chemicals to meet evolving market demands.
• Large-Scale Infrastructure: Mega projects such as metro expansions, highways, and industrial corridors are boosting demand for construction chemicals.

Regional Highlights

South India

The demand for construction chemicals in South India is anticipated to remain significant, driven by robust commercial and industrial investments. Key states in the region, including Tamil Nadu, Karnataka, Andhra Pradesh, and Kerala, continue to benefit from the region’s recognition as a hub for IT services and industrial expansion.

In prominent cities such as Bengaluru, Chennai, and Hyderabad, commercial building developments serve as key growth drivers. Mega projects in the pipeline are further fueling demand for construction chemicals.

North India

North India is expected to maintain its dominance, contributing about one-third of the overall construction chemicals market in the country. This growth is attributed to the region’s rapid infrastructural development and a burgeoning population that drives the need for additional residential and commercial spaces.

Key states like Punjab, Haryana, Delhi, and Uttar Pradesh are at the forefront of construction chemical demand.

Challenges in Market Growth

Despite its robust potential, the market faces certain challenges:

1. Skilled Labor Shortage: The lack of trained personnel in project management and construction limits market expansion.

2. Outdated Techniques: Resistance to adopting advanced materials like PU Foam and crystalline waterproofing, with many still relying on traditional methods such as Brick Bat Coba.

3. Conservative Technology Use: Limited awareness and slow adoption of modern construction technologies hinder growth in some regions.

Key Players in the Market

Several prominent companies are shaping the India Construction Chemical market:

• SIKA AG
• Master Builder Solutions
• Dow Chemicals
• RPM International Inc.
• MAPEI Construction Products India Pvt. Ltd.
• Akzo Nobel NV
• Pidilite Industries
• Chembond Chemicals Ltd.
• Flowcrete India
• Fosroc International
• CICO Technologies Limited
• MC-Bauchemie
• W. R. Grace & Co.-Conn.
• Saint-Gobain S.A.
• KERAKOLL India Pvt. Ltd
• Ardex Endura
• Magicrete
• Balmer Lawrie & Co. Ltd
• Cera-Chem Pvt. Ltd.
• Choksey Chemicals Private Limited
• MYK LATICRETE
• GCP Applied Technologies

These companies are investing in manufacturing facilities and R&D to capture a larger market share and address growing demand.

India Construction Chemical Market Segmentation

By Product Type:

• Concrete Admixtures
• Plasticizers (lingo, SNF, PCE)
• Accelerators
• Retarders
• Air Enterainers
• Waterproofing Chemicals
• Bitumen
• PVC
• EPDM
• TPO
• PTFE
• Silicone
• Acrylic Polymers
• SBR - Styrene-butadiene
• Cementitious Membrane
• PU Membrane - Liquid-applied Membrane
• Crystalline
• Additives in Waterproofing
• Protective Coatings
• Epoxy
• Polyurethane
• Acrylic
• Alkyd
• Polyester
• Others
• Adhesives & Sealants
• Adhesives
• Tile Adhesives
• Cementitious
• Epoxy
• Tile Grouts
• Cementitious
• Epoxy
• Masonry Mortar
• Sealants
• Silicone
• MS Hybrid
• PU
• Weatherproof Silicone
• Polysulfide
• Concrete Repair Mortar
• Cement-based
• Epoxy-based
• Micro Concrete
• Plaster
• Cement-based
• Gypsum-based
• Asphalt Additives

By Application:

• Infrastructure
• Commercial & Industrial
• Residential

By Region:

• North
• South
• East
• West

This product will be delivered within 1-3 business days.