As construction industry looking for strong, durable and sustainable structures in the coming years, the construction chemicals market foresees a strong growth in future. Construction Times explores the market dynamics and the way forward.
Construction chemicals play a critical role in improving structural strength, enhancing durability, reducing maintenance costs, minimising downtime in service and ensuring sustainability. With projects becoming complex with stringent execution timelines, construction chemicals play a major role making them a critical component of modern construction process. The construction chemicals industry in India is growing at a significant rate. This growth is due to increasing government investments in infrastructural projects and rising construction spending across all sectors. Construction chemicals play a crucial role in the building and construction industry. The Indian construction industry has evolved over the years and is poised to become the world’s third-largest construction market. The projects are becoming more complex in design and bigger in size. This has made the contractors to adopt innovative technologies and solutions to meet the changing needs. The construction chemicals market in India has seen major advancements in the recent times with many new solutions and technologies being introduced. Construction chemicals like admixtures, adhesives, sealants, coatings, and waterproofing compounds have become essential to meet the rising demands of the construction sector.
Prevailing trends
India's construction industry is expanding rapidly, with growing demand for real estate, infrastructure, and industrial developments. New developments in real estate and infrastructure projects have created an influx of opportunities for construction chemicals. These initiatives aim to address urbanization challenges, which include creating resilient structures that can withstand harsh environmental conditions. According to Persistence Market Research, there has been an increasing demand for energy-efficient buildings, which has led to a surge in the use of insulation materials, high-performance coatings, and eco-friendly construction chemicals.
Rajiv Upadhyay, President, Saint-Gobain Construction Chemicals, APAC & India Region, says, “India’s construction chemicals market is witnessing rapid growth, driven by urbanization, large-scale infrastructure projects, with a focus on sustainability and high-performance. Government initiatives such as affordable housing - Pradhan Mantri Awas Yojana (PMAY) are further accelerating demand for high-performance, durable, and eco-friendly construction solutions.”
Mehul Parikh, President - Customer Service Group, Construction Chemicals, Pidilite Industries, elaborates, “The need for faster construction timelines, energy-efficient roofs and facades, waterproofing solutions that can deal with the design complexities encountered in such large projects, and superior bonding solutions have all further accelerated the adoption of advanced construction chemicals across residential, commercial, and industrial projects.”
With sustainability gaining importance in construction and the growth of green buildings concept has pushed the demand for eco-friendly construction chemicals such as low-VOC coatings, energy-efficient insulation, and sustainable adhesives. The government has tightened the execution timelines of construction projects to streamline the construction activities in the country. This has demanded the contractors to complete the projects faster which require fast curing technologies. The construction chemicals manufacturers are developing products with fast curing properties to help speed up the construction activities and thus helping to complete the projects faster. For eg, Pidilite Industries provides a comprehensive range of construction chemical solutions, including for waterproofing, repair, grouts, adhesives, roof insulation, energy efficient external façade solutions, exterior protective wall coatings, tiling solutions, stone care and industrial flooring. “Additionally, Pidilite supports projects from conceptualization to post-completion with design assistance, cost estimation, in-house waterproofing application team for specialised projects, a pan-India skilled applicator network, on-site QA/QC inspection support, training programs, and proactive maintenance, ensuring optimal management and long-term performance,” states Parikh.
Upadhyay adds, “At Chryso, we deliver differentiated solutions through cement additives, concrete admixtures, concrete protection which leads to significant enhancement in concrete performance with reduction in CO2 footprint.”
Advanced technologies and digital innovations have led to the use of specialised construction chemicals in the projects. The use of robotics, AI, and IoT in construction projects has led to the development of advanced materials that require specialized chemicals for optimal performance.
The way forward
The India construction chemicals market is expected to grow significantly in the coming years, supported by the country's strong economic growth, urbanization, and government initiatives. By 2030, the construction chemicals market in India is projected to witness steady growth driven by ongoing infrastructural development, the rise of green construction, and the increasing demand for durable and energy-efficient materials.
Parikh adds, “The future of the construction chemicals industry in India looks highly promising. With increasing urbanization, stringent construction regulations, and growing demand for sustainable buildings, the industry is set for exponential growth.”
“Construction Chemicals will play vital role in enabling the growth momentum as India continues to build high frequency infrastructure and building projects,” says Upadhyay.
The emerging construction industry trends demand a growing need for construction chemicals with sustainable features and properties that makes structure more durable, strong and sustainable.
