The global demand for waterproofing and chemicals market is anticipated to increase at a CAGR of 5.0 percent by 2022. The increasing demand for infrastructure and other end-user allied industries, along with the construction of commercial and residential premises will further encapsulate the demand for construction chemicals, waterproofing, paints and coating and other water-based services in India. Interestingly, the pandemic has further boosted the call for waterproofing chemicals already and people have started looking for innovative products and solutions for withstanding constructions.
The latest rebound of the construction mix across the world is driving a strong demand for construction chemicals and waterproofing solutions, concrete and cement admixtures, asphalt modifiers, waterproofing chemicals, adhesives and sealants, flame retardants and protective coatings.
Market demand for industrial chemicals and water segment
According to V Ramesh, Managing Director, HINDUSTAN WATERPROOFING, “The construction chemicals market is divided into two product groups. One group is Admixtures which are usually added to concrete in order to improve their strength, durability, workability, and other operational and functional properties are of large volume segment and goes into infrastructure & domestic construction.”
Manish Banot, Head – Technical Sales & Bussiness Development, M.E. (CIVIL) GEOTECH ENGG., B.E. Civil, Dip. Civil, says “Demand of Geosynthetic products is foreseen based per the announcement of infrastructure projects by government bodies like, MoRTH, NHIDCL, NHAI, PMGSY, NFR, Railways, etc. Major part of total consumption of Geosynthetics products are used in the infrastructures works related to roads and railway.” Apart from that, there are also other applications in water resources, irrigations, flood protection works, landfills, power plants, marine applications where Geosynthetics can be used.
Waterproofing solutions
Some of the available waterproofing solutions are Polymer & cement-based coatings, Acrylic Coatings, Polyurethane & Polyurea coatings. The other mid category are Acrylic based coatings which have been very successful. The top category in terms of price, quality and durability are specialised Polyurethane and Polyurea coatings imported from Europe & America.
Water management and allied technologies
The pandemic has definitely ushered in an era of environmental consciousness as mankind has seen the repercussions of being callous towards nature and our natural resources in general. According to Priyanka Khaire, Sr. Executive, Wastewater and Bioremediation, “We envision that governments and regulatory bodies around the world will hasten the movement towards environmental conservation on a national scale. This new demand will catalyse the R&D sector to create sustainable and effective products to cater to every industry need.”
Futuristic technologies
With the changes in regulatory compliance norms, Organica Biotech is geared up to adopt new systems and technologies and processes in order to help each industry meet government discharge norms. With our expertise in the field of biotechnology, we continuously develop industry specific solutions without altering their existing hardware systems. The other mid category at HINDUSTAN WATERPROOFING, are Acrylic based coatings which have been very successful. The top category in terms of price, quality & durability are specialised Polyurethane and Polyurea coatings imported from Europe & America.
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