According to the UnivDatos Market Insights analysis, the rapid urbanization and infrastructure development, government initiatives for smart cities mission and growing focus on sustainability will drive the scenario of the Indian construction chemicals market. As per their “India Construction Chemicals Market” report, the market was valued at ~USD 3.31 billion in 2023, growing at a CAGR of about 7.3% during the forecast period from 2024-2032 to reach USD billion by 2032. The Market for Construction Chemicals in India is rapidly growing, new products developed over the past decade or so are revolutionizing construction practices, augmenting the performance of construction materials, and supporting the international standards of sustainability. Key drivers that are steering the future growth of the sector include innovation in product differentiation as consumers demand superior quality and long-lasting yet eco-friendly products. Here’s a detailed look at the major product innovations:

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BEARING CONCRETE ADMIXTURES OF HIGH PERFORMANCE:

·        Superplasticizers and High-Strength Admixtures: Recent developments in superplasticizers make it possible to produce concrete with high strength and low water content. It also makes concrete more workable as well as semipermeable, increasing both its overall and long-term effectiveness, especially given focused climates. Due to the growing trends of high-rise buildings and other huge structures in India, these admixtures are useful in improving the behavior of concrete with more high bond strength, low shrinkage, and early and later period strength.

·        Self-Healing Concrete: One of the most revolutionary technologies revealed in the construction chemicals industry is self-healing concrete. Another kind of concrete has microcapsules or bacteria that can discharge healing agents once there is a crack. This technology can also greatly minimize the maintenance expense of infrastructures while at the same time increasing their life expectancy. This paper researches the applicability of self‐healing concrete to engineering constructions in India for bridges, roads, and other public structures in consideration of the increasing awareness of sustainable construction in the country.

SUSTAINABLE PRODUCTS AND SERVICES:

·        Low-VOC and Zero-VOC Coatings: In response to the quest for environmentally friendly buildings in India, low-VOC and zero-VOC paints and coatings are gradually emerging as the industry demand. All these coatings play a role of minimizing air pollution and enhancing indoor air quality. These are innovations necessary for global environmental compliance and other green building certifications such as Leadership in Energy and Environmental Design (LEED) as well as Green Rating for Integrated Habitat Assessment (GRIHA). As the population becomes more conscious about the environment, it should be anticipated that energy-efficient coatings will be widely used in various construction projects of homes and offices.

·        Recyclable and Sustainable Materials: The construction chemistries are now being derived from renewable sources of raw materials. As an example, the bio-based concrete admixtures that are available from renewable resources like plant-based polymers or byproducts from other industries are coming into use. In addition to easing the carbon footprint of construction projects, these innovations recycle wasted materials as well as avoid the use of fossil fuels.

Recent Developments in the market are:

•      In December 2023, Saint-Gobain acquired Menkol Industries Private Limited, a leading Indian manufacturer of high-added value waterproofing systems.

•      In July 2023, CHRYSO launched EnviroMix, the first global range of admixture solutions and services for low-carbon concrete.

•      In June 2021, JSW Cement entered the construction chemical sector with the launch of a green product range in the category. The range comprises 'Enduro Plast' ready mix plaster, 'Krysta Leakproof' integral crystalline waterproofing compound and'Duraflor'floorhardner.

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Conclusion

The demand and use of Construction Chemicals in India is constantly growing, with product advancements addressing more unique engineering characteristics, along with environmental consciousness. The usage of high-performance concrete, eco-friendly material, energy-efficient coating, and smart construction solutions are some of the elements that are likely to influence the future of the construction industry. Since India is persistently remaining a growing economy and vigorously investing in infrastructural construction, these innovations shall not only enhance the quality, and durability of constructed buildings but shall also directly support Indian sustainability and its future construction techniques. The increasing use of these innovative solutions may become the defining factor that stimulates the further development of the construction chemicals market.

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