How Indonesian Construction Chemicals Market Is Positioned?
Indonesia construction chemical industry revenue stood at INR ~ Cr in FY’20 and recorded a CAGR of 7.3 % during FY’15-FY’20. Concrete admixture dominated the constructions chemical market in Indonesia in FY’20 followed by Sealants, Waterproofing and others. The market was also observed to be highly dominated by organized construction chemical companies in Indonesia.
Ambitious Government infrastructure projects need for more sustainable and water-friendly technologies due to frequent droughts have led to increased demand of Construction chemical in Indonesia. Construction sector had to bear the worst impact of COVID 19 as there was a major financial crunch in the market. Construction activities were completely halted and labors migrated. This indirectly impacted the construction chemicals market adversely.
Rise in demand for urban housing, growing younger middle class population, investment in infrastructure and government spending is set to further increase the market for construction chemicals.
The competition structure in Indonesia Construction Chemicals industry is fragmented in nature with presence of large number of companies offering a vast product portfolio, including waterproofing, sealants, concrete admixtures, Tile adhesives, industrial flooring and others.
Major companies in Indonesia construction chemicals market include SIKA, Fosroc, Master Builder Solutions (MBS), DOW, Bostik, Mapei, PT Miranila (Ultrachem) and others.
Indonesia Construction Chemical Market Segmentation
By Type of Construction Chemical Market (Organized and Unorganized)
Construction chemicals market is dominated by organized players having vast product portfolio. (Companies with overall annual revenue greater than USD 1.3 Millions.) High Product Quality, International Certifications, Brand Image and well established relations with contractors and construction companies are some of the reasons why organized construction chemical companies are preferred more.
By Type of Construction Chemicals (Concrete Additives, Waterproofing, Repair and Rehabilitation Chemicals, Sealants, Tile Adhesives, Flooring,)
Concrete admixtures dominated the construction chemicals market of Indonesia. Surging residential and commercial construction market is leading to the growth of the concrete admixtures in Indonesia.
By Concrete Admixtures Market (Organized and Unorganized)
Concrete additives market of Indonesia is dominated by the organized players owing to the smaller presence of small players in the market. High demand for good quality products from infrastructure sector leads to the higher growth of the organized concrete additives players in Indonesia.
By Waterproofing Market (Organized and Unorganized)
The Indonesian waterproofing market is dominated by organized waterproofing players. Higher preference for high quality waterproofing product due to a more humid climate has led to the growth of the organized waterproofing players in Indonesia.
By Repair and Rehabilitation Chemicals Market (Organized and Unorganized)
The Repair and Rehabilitation Chemicals market is dominated by the organized players in Indonesia. Major players in Repair and Rehabilitation Chemicals market include SIKA, Fosroc, MBS (MBCC), and others.
By Sealants Market (Organized and Unorganized)
The Indonesian Sealants market is in a high demand due to the rise of DIY sealant category, and more self-dependent behavior among the rising young middle class segment. Major companies are DOW, SIKA, Bostik, and Bossil.
By Tile Adhesives Market (Organized and Unorganized)
Demand for tile adhesives is majorly from the organized players in the Indonesian Market. Unorganized players are providing lower quality products. Local players are prevalent in the segment.
By Flooring Market (Organized and Unorganized)
The Indonesian flooring market is highly dominated by the organized flooring players. Higher complexity in manufacturing and application of such products has led to lower market share of the unorganized players.
Comparative Landscape in Indonesia Construction Chemicals Companies
The competition structure in Indonesia Construction Chemicals Industry is highly consolidated in nature with the presence of very few small unorganized players providing low cost and lower quality products. The construction chemical companies were observed to compete on the basis of raw material import capabilities, revenue, manufacturing plants, branches, business verticals, end user industries, construction chemical brands, product range, product pricing and others.
Indonesian Construction Chemicals Market Future Outlook And Projections
The construction chemicals market in Indonesia is anticipated to grow with the growing real estate and construction industry. Over the forecast period FY’20-FY’25, the Indonesia construction chemicals market revenue is anticipated to increase further to USD ~ Millions by FY’25, thus showcasing a CAGR of ~9.26%. The Unorganized vs. Organized Market asymmetry will get even more skewed, with Organized Players slowly eating away more of the Unorganized Market’s share.
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
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: –
Future of Indonesia Construction Chemicals Market
Related Reports by Ken Research: –
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