Green Solutions & surging demand are expected to tilt Construction Chemical’s Market trajectory towards higher growth prospects, says a report by Ken Research
Major Green Construction Chemical Initiatives
1. “Greenovation in action:” Paving the way for Sustainable success in India’s Construction Chemical Market
Rapid urbanization is fueling energy demand, emphasizing the crucial role of the revised energy conservation building code (ECBC). The new paradigm prioritizes eco-friendly practices such as green building materials, energy efficient HVAC & lightning systems alongside bio-based chemicals. With cities expanding rapidly, energy consumption in building rises significantly, necessitating a focus on energy consumption. The demand for green solutions is thus on an upsurge which is ultimately encouraging innovation in construction chemical industry.
2. India’s booming real estate & Infrastructure: Fueling Demand for construction chemicals.
According to the National Investment Promotion and Facilitation Agency of the Government of India, India’s real estate sector (residential and commercial construction sector) is expected to reach INR 1.3 Tn by 2025.and will represent around 13% of India’s GDP.1 In order to meet India’s aim of reaching a INR 6.7 Tn economy by 2025, the government has launched the combined with other initiatives such as ‘Make in India’ and the production-linked incentives (PLI) scheme that will generate higher demand for construction chemicals for infrastructure industry.
Major Players Mentioned in the Report:
India Construction Chemicals Organized Market
- Pidilite
- Asian Paints
- MBCC Group
- Sika
- Fosroc
India Construction Chemicals Unorganized Market
- Hindcon Chemicals
- DCP
- Aqua Prof
- Fibrex
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:
- Construction Companies
- Engineers
- Industrial & Commercial Companies
- Distributers & Retailers
- Infrastructure Consultants & Research Institutions
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2028
For More Insights On Market Intelligence, Refer To The Link Below: –
India Construction Chemicals Market
Related Reports by Ken Research
Indonesian Construction Chemicals Market Outlook to 2025
Global Construction Chemical Market Outlook to 2020
