High-quality construction chemicals to drive the infrastructure demand
By Edit Team | November 2, 2022 6:43 pm SHARE
Organised construction chemical firms account for around 60 percent of the total market share in the Indian construction chemical sector. Furthermore, the rising demand for high-quality building chemicals and materials encompasses the requirement throughout the organised sector. Admixtures, waterproofing solutions, paints and coating solutions, adhesives and sealants, and rehabilitation chemicals are all rising.
Due to frequent climate changes, cement-based structures suffer from significant damping and erosion, reducing the shelf life of residential and commercial buildings. This necessitates using waterproofing chemicals, which give the structure a longer lifespan. Rising infrastructure development in the Asia Pacific region, particularly in India, China, and Indonesia, combined with increased awareness of the need for long-lasting building materials, is predicted to drive demand for waterproofing chemicals.
Market trends for construction chemicals and admixtures in India
Construction chemicals are a necessary component of any building or infrastructure project. Construction chemicals, a subset of construction and building materials, are continually expanding in size and technologically changing. The building industry has remained primarily unaffected despite specific challenges in recent years. With just minor hitches, the construction industry’s expansion has remained virtually unchanged. Satish Jaysankar, MD, Concrete Additives & Chemicals (CAC) Pvt. Ltd., continues to discuss the subject. Ltd. provides an overview of the current difficulties, including inconsistencies in raw materials used to make concrete. He also emphasises the scarcity of trained technicians on the ground. Furthermore, remote logistics remains a challenge, and the sector must progress in this area. CAC’s product profile constantly evolves, with on-time client tech support and in-house logistics.
Being competitive in the market
Concrete admixtures, waterproofing, adhesives and sealants, protective coatings, concrete repair mortar, plaster, and asphalt additives are all examples of construction chemicals. These goods are widely used in the building industry. Because of advancements in building chemicals, the strength of concrete admixtures has improved substantially. This emphasises the need to provide high- quality products to remain consistent and competitive. Viha Chitroda, Business Operations at Maris Polymers, comments on this requirement by highlighting their company’s contribution to the
waterproofing market as a prominent competitor.
One of the critical points identified was the need to have the whole basket of products/solutions under one roof. Maris Polymers SA Greece – A Saint-Gobain Group Company has captured customers’ attention by segmenting and marketing products most suited to the Indian ecosystem. Our ability to demonstrate our products through multiple demanding projects and the crucial documentation, such as the EOTA and BBA certificates, offers us a competitive advantage over other industry participants.
In 2014, polymers were the largest product segment, accounting for over 50 percent of the market share in terms of volume. The rising demand for thermoplastic polyolefins due to their excellent energy efficiency is likely to be a significant factor. Some of the most prominent players are investing in R&D to get a competitive advantage.
Manufacturers must collaborate with construction professionals and end users to develop innovative construction chemicals. R&D for new products and application development represents around 3 percent of India’s building chemicals market’s revenue.
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