Is India's Construction Chemical market on a Sustainable Rise? Exploring the 10.9% CAGR growth in 2022, driven by Green Solutions, Urbanization & Chemical Demand: Ken Research

Green Solutions & surging demand are expected to tilt Construction Chemical's Market trajectory towards higher growth prospects, says a report by Ken Research

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.

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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: -

https://www.kenresearch.com/industry-reports/india-construction-chemicals-market

Related Report by Ken Research

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/indonesian-construction-chemicals-market-outlook-to-2025/464499-97.html

https://www.kenresearch.com/manufacturing-and-construction/construction-materials/global-construction-chemical-market-report/55250-97.html

India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.