India Construction Chemicals Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Country: (India)

India Construction Chemicals Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Country: (India)

The India Construction Chemical market is experiencing significant growth, with projections estimating a market value of USD 6.68 billion by 2031. This growth corresponds to a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031. According to Fairfield Market Research, the market’s expansion is being fueled by increasing investments in infrastructure, innovative construction solutions, and government-led initiatives such as Make in India.

India’s construction chemical industry is set to expand significantly, driven by rapid urbanization, infrastructure development, and a rising demand for sustainable construction practices. The market is expected to reach USD 2.8 billion by 2024 and continue its upward trajectory, with substantial contributions from key regions such as North and South India.

Drivers of Growth

1.Government Expenditure: The Indian government has allocated USD 133.9 billion for infrastructure in FY25, with a strong emphasis on roadways, railways, and housing projects.

2.Housing and Urbanization: Rising demand for affordable housing and urban development has led to the increased adoption of advanced construction chemicals.

3.Sustainability: There is a growing focus on environmentally friendly construction techniques, such as admixture concrete, for creating airtight and durable designs.

Business Opportunities

The construction chemical market offers numerous lucrative opportunities, including:
• Commercial Projects: High adoption of eco-friendly materials in rapid construction techniques.
• Research and Development: Investments in developing innovative construction chemicals to meet evolving market needs.
• Large-Scale Infrastructure: Mega projects like metro expansions, highways, and industrial corridors are driving demand for construction chemicals.

Regional Highlights

South India

The demand for construction chemicals in South India is anticipated to remain robust, driven by commercial and industrial investments. Key states in the region, including Tamil Nadu, Karnataka, Andhra Pradesh, and Kerala, benefit from the region’s IT services hub status and industrial expansion. Prominent cities such as Bengaluru, Chennai, and Hyderabad are experiencing growth in commercial building developments, with mega projects further fueling demand.

North India

North India is expected to maintain its dominance, contributing approximately one-third of the overall construction chemicals market in the country. This growth is attributed to rapid infrastructural development and a growing population, driving the need for additional residential and commercial spaces. Key states such as Punjab, Haryana, Delhi, and Uttar Pradesh are leading in construction chemical demand.

Challenges in Market Growth

Despite its promising potential, the market faces challenges, including:

1.Skilled Labor Shortage: A lack of trained personnel in project management and construction limits market growth.

2.Outdated Techniques: Many builders remain reliant on traditional methods like Brick Bat Coba, showing resistance to adopting advanced materials such as PU Foam and crystalline waterproofing.

3.Conservative Technology Use: Limited awareness and adoption of modern construction technologies hinder market expansion in certain regions.

Competitive Analysis

Key Players in the Market

The India Construction Chemical market is shaped by several prominent companies, including:
• SIKA AG
• Master Builder Solutions
• Dow Chemicals
• RPM International Inc.
• MAPEI Construction Products India Pvt. Ltd.
• Akzo Nobel NV
• Pidilite Industries
• Chembond Chemicals Ltd.
• Flowcrete India
• Fosroc International
• CICO Technologies Limited
• MC-Bauchemie
• W. R. Grace & Co.-Conn.
• Saint-Gobain S.A.
• KERAKOLL India Pvt. Ltd
• Ardex Endura
• Magicrete
• Balmer Lawrie & Co. Ltd
• Cera-Chem Pvt. Ltd.
• Choksey Chemicals Private Limited
• MYK LATICRETE
• GCP Applied Technologies

These companies are heavily investing in manufacturing facilities and R&D to capture a larger share of the growing market.

India Construction Chemical Market Segmentation

By Product Type:
• Concrete Admixtures
Plasticizers (lingo, SNF, PCE)
Accelerators
Retarders
Air Entertainers
• Waterproofing Chemicals
Bitumen
PVC
EPDM
TPO
PTFE
Silicone
Acrylic Polymers
SBR (Styrene-butadiene)
Cementitious Membrane
PU Membrane (Liquid-applied Membrane)
Crystalline
Additives in Waterproofing
• Protective Coatings
Epoxy
Polyurethane
Acrylic
Alkyd
Polyester
Others
• Adhesives & Sealants
Adhesives

Tile Adhesives

Cementitious

Epoxy

Tile Grouts

Cementitious

Epoxy

Masonry Mortar
Sealants

Silicone

MS Hybrid

PU

Weatherproof Silicone

Polysulfide
• Concrete Repair Mortar
Cement-based
Epoxy-based
Micro Concrete
• Plaster
Cement-based
Gypsum-based
• Asphalt Additives

By Application:
• Infrastructure
• Commercial & Industrial
• Residential

By Region:
• North
• South
• East
• West



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