Indian Construction Chemical Industry: Exploring Opportunities to Attract Foreign Investments

MUMBAI, India - Dec. 28, 2022 - PRLog -- The construction chemical industry in India is a dynamic and diverse sector with a strong domestic market and increasing global demand. There are several factors that make India an attractive destination for foreign players in the construction chemicals market, including its growing domestic demand, cost advantages, large and diverse market, favourable government policies, and strong export market.

Domestic Demand – A Key Driver

One of the main drivers of growth in the Indian construction chemical industry is the increasing domestic demand, which is expected to grow at a double digit compound annual growth rate through 2027.

Government Support

India is a large market with a population of over 1.3 billion and a growing economy, providing opportunities for companies to sell their products to a wide range of consumers and industries. The government has also implemented policies to encourage investment in the chemical industry, including tax incentives and foreign investment rules, making it easier for foreign companies to enter the market and set up operations in the country.

Positioning in Exports

India is also a major exporter of chemicals, with a strong presence in global markets such as the US, China, and the Middle East. This provides an opportunity for foreign companies to enter the Indian market and access these export opportunities, potentially using the country as a base for exporting to other markets around the world.

Overall, the Indian Construction Chemical Industry offers a range of opportunities for foreign players, including access to a large and growing domestic market, cost advantages, favourable government policies, and strong export opportunities.

Scope of the Study

Makreo research has published a study on the topic "India Construction Chemical Market and Future Outlook 2016-2027" – Demand by Product Type, End Use, Geography" published by Makreo Research and Consulting. The report delves deeply into various parameters such as market size, segmentation, value chain analysis, and industry cause and effect analysis.

India Construction Chemical Market Structure

• By Product Type

O Waterproofing

O Adhesive & Sealants

O Concrete Admixtures

O Protective Coatings

O Others

• By Type

O Organized

O Unorganized

• By End User

O Commercial & Industrial

O Residential

O Others

• By Region

O Northern India

O Southern India

O Eastern India

O Western India

Leading Players in the Indian Chemical Construction Market

O  Pidilite Industries Limited

O  SIKA India Private Limited

O  3M Co

O  DOW Chemical Company

O  BASF India Ltd.

O  Arkema Group

O  Chembond Chemicals Ltd.

O  W.R. Grace & Co.

O  Mapei

O  CHRYSO

Request Our Free Sample Report:-

India Construction Chemical Market and Future Outlook 2016-2027 (https://www.makreo.com/report/india-construction-chemical...)

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