The Indian construction chemicals market is expected to grow at a rapid pace for next few years.

    - Nirmalaya Kumar Senior General Manager, Berger Paints India       How is the construction chemicals market evolving in India? India's construction industry is likely to grow at a strong pace in the coming years. Growth will be reinforced by stable government support for infrastructure development, as well as long-drawn-out private sector

The Indian construction chemicals market is expected to grow at a rapid pace for next few years.
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- Nirmalaya Kumar

Senior General Manager, Berger Paints India

 

 

 

How is the construction chemicals market evolving in India?

India's construction industry is likely to grow at a strong pace in the coming years. Growth will be reinforced by stable government support for infrastructure development, as well as long-drawn-out private sector involvement. Construction chemicals will definitely be in good demand because of higher investment in infrastructural development. The global construction chemicals industry is witnessing a momentous progression because of increasing awareness about construction quality and technological progressions. In India, with growing number of new projects for smart cities, housing complexes, commercial spaces and public infrastructure, construction chemicals are getting used in all required phases. Overall, the Indian construction chemicals market is expected to grow at a rapid pace for next few years.

Awareness in retail space is also increasing due to continuous awareness build up programs designed by organized manufacturers. Usage of construction chemicals is increasing among the builders and civil contractors as well.

What are the new solutions from the company in this segment?

There are various types of new products and systems being offered under Berger Home Shield brand both for new construction and old structure/repair. These include: High-end admixtures for special applications, new-age integral waterproofing system, various chemical systems for pre-cast segment, Poly urea system, insulation system, hybrid waterproofing system, high-end injection system for waterproofing, PU concrete for floors, high-end preformed membranes (for tunnels, water body etc), and special system for green building projects.

How do your products help in achieving the desired result in the construction projects?

All our products under Berger Home Shield are made using the latest technology and with very high precision. The optimum result is achieved adhering to all norms.

Our systems/products help in achieving the desired result in terms of: Increasing the life of construction under harsh condition; optimising the construction time; and offering water-tight structure.

Do you manufacture these products in India? How is the demand and what is trending in terms of customer preferences?

All the Berger Home Shield products are made in our factories across India. In few cases, we have JV with major foreign players to bring in all the latest technologies.

Construction chemicals and waterproofing products are in high demand and we have been able to grab a significant share of the market.

Consumers are preferring product systems which can offer long-term solutions. Service orientation has been increased a lot in recent years and consumers are preferring direct service from companies.

How are policy initiatives such as PLI and Make in India pushing the growth of construction chemicals market in India?

As long as the development goals are set forth in a progressive nation like India, it's anticipated good fortune for construction chemicals. Overall, the Indian construction chemicals market is expected to grow at a CAGR over 20 per cent till 2025. The demand will further get a boost because of government policy initiatives.

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