Construction Chemicals Market on Track to US$ 2,600 Mn by 2025

A new research report presents an overall analysis of India’s construction chemicals market. This report depicts every detail related to the market and the dynamics impacting revenue growth. The general observation of the market shows that India is progressing rapidly in every industry sector.

Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/india-construction-chemicals-market/toc

With rapid advancements taking place in every sphere, an exponential growth is foreseen in India’s construction and construction chemicals market. This research report titled ‘Construction Chemicals Market: India Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’ reveals that the market is expected to reach a valuation of over US$ 2,600 Mn by the end of 2025, growing at a robust CAGR of 13.7% during the forecast period.

Companies Targeting Admixtures and Plasticizers to Experience a Better and More Lucrative Future

The Indian construction chemicals market is believed to be dominated by the ‘four brothers’, i.e. BASF India Limited, SIKA India Private Ltd., Fosroc Chemicals India Pty. Ltd, and Pidilite Industries Limited, which together contribute around 30%-80% of the market revenue. Among these companies, Pidilite marked the highest revenue generation of around US$ 840 Mn in 2016.

Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/22522

There are other companies too, which are expected to expand vigorously in India’s construction chemicals market, with concrete admixtures emerging as the most preferred product type. The research report suggests that the companies capitalizing on concrete admixtures will have a positive growth trajectory as this particular product is expected to hold a market value of over US$ 1,200 Mn by the end of 2025. However, in terms of growth rate, water proofing chemicals leads the market and is expected to register a higher CAGR of 14.4% during the forecast period.

Key Players Focusing on Expanding Their Manufacturing Capacity and Product Line Globally

In order to maintain their position in the Indian market, several companies are aiming at expanding their manufacturing capacity in different parts of India. This will also allow them capture a larger market share and enhance their brand identity. These companies were seen inaugurating their 3rd or 4th office in various parts of India during the past few years.

Request Report Multiple Chapter @ https://www.persistencemarketresearch.com/multiple-chapter/22522

Their expanded product line includes a wide range of products and solutions that facilitate the construction of buildings that are more durable and energy efficient and require less maintenance. This is also assisting market companies to meet the rising demand for construction chemicals and reinforce the supply chain in India.

Expansion and innovation has also given rise to the adoption of eco-friendly and cost-effective products. Latest market trends suggest that stringent regulations have pushed several manufacturers towards improvising their existing product line and exploring opportunities to introduce new and innovative products in the market.

Get full report now @ https://www.persistencemarketresearch.com/checkout/22522

Major focus is being laid on service-life performance of protective coatings, introduction of multipurpose and hybrid coatings and eco-friendly advanced products such as nano-coatings, green coatings, etc. This shift is expected to create a profitable impact on the market and also open new vistas for companies in the construction chemicals market in India.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com

This release was published on openPR.