Indonesian Construction Chemicals Market is expected to grow at a CAGR of 9.26% between FY’20 to FY’25: Ken Research

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  • Construction sector had to bear the worst impact of COVID 19 as there was a major financial and manpower crunch in the market. This indirectly impacted the construction chemicals market adversely.
  • The Concrete Admixtures market is anticipated to grow the fastest, with a CAGR of 14.2 % during the forecast period FY’20-FY’25.

Adoption of Sustainable Products and Technological Advancements: The demand for products with features such as lower water consumption is increasing among consumers, due to frequent droughts and water scarcity problems in Indonesia. In addition to this, stricter environmental regulations from government and the Green building council, especially after the announcement of the new capital, are also driving the demand for greener solutions. This has motivated companies to introduce eco-friendly construction chemicals. The construction chemicals domain is highly cost-competitive in Indonesia.

Massive Projected demand from Infrastructure sector in Indonesia: With President Jokowi’s focus on expanding infrastructure efforts to outside Java, and announcing a new capital in Kalimantan, a surge in demand of construction chemical is expected. Infrastructure construction activities are the major end users of construction chemicals in the country. The government of Indonesia’s commitment to increase spending on infrastructure and housing development will bode well for the expansion of the construction chemicals market in the country. The upcoming major infrastructure projects such as those under National Strategic Projects, are to present a huge growth potential for the construction chemicals in Indonesia.

Increasing investments in Research and Development: The leading construction chemical players in Indonesia are investing in research & development activities and manufacturing plants to achieve a competitive edge. Manufacturers need to work with construction industry experts and end users to develop new construction chemical products.

The report titled Indonesian Construction Chemicals Market Outlook to 2025: Ongoing and Healthy Pipeline of Ambitious Infrastructure Projects are driving the growth of Construction Chemicals Marketby Ken Research suggested that the Indonesia construction chemicals market is expected to grow further in the near future, with the growing residential and infrastructure construction. The market is expected to register a positive CAGR of 9.26 % in terms of revenue during the forecast period of FY’20-FY’25

indonesian-construction-chemicals_market

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Key Segments Covered in Indonesia Construction Chemicals Market

By Type of Construction Chemical Market

Organized

Unorganized

By Type of Construction Chemicals

Concrete Additives

Waterproofing

Repair and Rehabilitation Chemicals

Sealants

Tile Adhesives

Flooring

By Type of Concrete Additives Market

Organized

Unorganized

By Type of Waterproofing Market

Organized

Unorganized

By Type of Repair and Rehabilitation Chemicals Market

Organized

Unorganized

By Type of Sealants Market

Organized

Unorganized

By Type of Tile Adhesives Market

Organized

Unorganized

By Type of Flooring Market

Organized

Unorganized

Key Target Audience

Construction Chemical companies

Concrete Additive companies

Waterproofing companies

Adhesive and Sealant Companies

Repair and Rehabilitation Chemical companies

Time Period Captured in the Report:

Historical Period: FY’15-FY’20

Forecast Period: FY’20-FY’25

Construction Chemical Companies in Indonesia:

Aquaproof (PT Adhi Cakra)

PT MBS Indonesia

PT Bostik Indonesia

PT Dow Chemical Indonesia

PT FOSROC Indonesia

PT Sika Indonesia

PT Mapei Indonesia

PT Estop Indonesia

PT Miranila Abadi (Ultrachem)

Bossil (Nippon paint Subsidiary)

PT Propan Indonesia

Mortar Utama-Weber

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Key Topics Covered in the Report

Global overview of construction chemicals market

Construction Chemical Market Ecosystem

Value chain Analysis of Construction Chemicals market

Demand side analysis of Construction Chemicals market

Porter’s Five Forces Analysis of the Indonesian Construction Chemicals Market

SWOT Analysis of Construction Chemicals Market

Key Trends in Indonesia Construction Chemicals Ecosystem

Government’s Role in the Indonesian Construction Chemical Market

Recent Developments in Indonesian Construction Chemical Market

Import Export Scenario of Raw Materials in Indonesia Construction Chemical Market

Import Export Scenario of Specialty Chemicals in Indonesia Construction Chemical Market

Indonesia Construction Chemicals Market End User Analysis

Indonesia Construction Chemicals Market Size and Segmentation

Market Share of Construction Chemical Companies on the basis of Revenue

Financial and Business Landscape of Indonesia Construction Chemicals Players

Product Landscape of Indonesia Construction Chemicals Players

Company Profile of Major Construction Chemical Companies in Indonesia

Indonesia Construction Chemicals Market Future Outlook and Projections

COVID-19 Impact on the Construction Chemicals Industry

Forward Path and Recommendations

Analyst Recommendation

For More Information On the Research Report, Refer to the Below Link: –

Indonesian Construction Chemicals Market

Related Reports:-

India Construction Chemicals Market Outlook to 2025 (Second Edition ): Surging Construction Industry in India is leading to the Growth of Construction Chemicals Market

Indonesia Waterproofing Membrane Market Outlook to 2025 – Waterproofing Membrane Market by Revenue (Sheet & Liquid Membrane), By Application (Roofing, Walls, Basements & Others), By End Users (Real Estate, Industrial, Infrastructure & Others) & By Regional Demand (North, West, South & East)

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