India Polycarboxylate Ether Market By Type (Solid, Liquid), By Application (Residential, Commercial, Industrial), By Region, Competition, Forecast and Opportunities, 2019-2029
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndia Polycarboxylate Ether Market By Type (Solid, Liquid), By Application (Residential, Commercial, Industrial), By Region, Competition, Forecast and Opportunities, 2019-2029
| Forecast Period | 2025-2029 |
| Market Size (2023) | USD 405.64 million |
| CAGR (2024-2029) | 4.55% |
| Fastest Growing Segment | Commercial |
| Largest Market | West India |
Key Market Drivers
Increasing Demand from the Construction Industry
Technological Advancements Associated with Admixture Production
Key Market Challenges
Complexities in Supply Chain
Compatibility with Local Materials
Key Market Trends
Adoption of Industry Standards and Certifications
Segmental Insights
Type Insights
Application Insights
Regional Insights
West India emerged as the dominant player in the India Polycarboxylate Ether Market in 2022, holding the largest market share in terms of both value and volume. The western region of India, encompassing states like Maharashtra and Gujarat, has been experiencing a remarkable wave of rapid industrialization in recent years. This growth in industries such as manufacturing, chemical processing, and construction has not only boosted the region's economy but also created a surge in the demand for polycarboxylate ethers as superplasticizers in concrete production.
Recent Developments
- In May 2019, Kansai Nerolac Paints, a leading paint manufacturer,entered into a Joint Venture Agreement with Polygel Industries. PolygelIndustries specializes in the manufacturing and distribution of variousproducts including adhesives, construction chemicals, sealants, organictitanates, cab poly oleofins catalysts, and poly carboxylate ether. Thisstrategic partnership aims to leverage the strengths of both companies toenhance their market presence and provide innovative solutions to customers.
- In January 2018, India's National Investment, and Infrastructure Fund(NIIF) joined forces with DP World, a prominent UAE-based company, to embark ona transformative collaboration. This collaboration involves a substantialinvestment of US$ 3 billion, which will be utilized to develop India'sterminals, ports, and transport and logistics businesses. The objective is toenhance the infrastructure and connectivity within the country, fosteringeconomic growth and facilitating trade and commerce on a larger scale.
Key Market Players
- BASF India Limited
- SIKA India Private Limited
- Fosroc Chemicals India Private Limited
- Himadri Specialty Chemicals Ltd.
- Chemipol (Kothari Group of Industries)
| By Type | By Application | By Region |
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