Indonesia Construction Chemicals Market Outlook to 2025: Ken Research
INVC NEWS
New Delhi,
The report titled “Indonesian Construction Chemicals Market Outlook to 2025: Ongoing and Healthy Pipeline of Ambitious Infrastructure Projects are driving the growth of Construction Chemicals Market” provides a comprehensive analysis of the Construction Chemicals market in Indonesia. The report focuses on the construction chemicals market size, Construction Chemical market segmentation by Organized and Unorganized construction chemical market, by Type of Construction chemicals (Concrete Additives, Waterproofing, Tile Adhesives, Flooring, Repair and Rehabilitation Chemicals, Sealants, Grouting chemicals and Coatings), by organized and unorganized concrete additives, by organized and unorganized waterproofing, by organized and unorganized tile adhesive, by organized and unorganized flooring, by organized and unorganized repair and rehabilitation chemicals, by organized and unorganized sealants, by organized and unorganized grouting chemicals and by organized and unorganized coatings.
The report also covers a brief Global construction chemicals overview, Ecosystem of Entities in construction chemicals market in Indonesia, Value chain analysis of construction chemicals market in Indonesia, Trends and Development in Indonesia construction chemicals Industry, Challenges faced by construction chemicals market, Porters Five Forces Analysis, Government’s Role in the Indonesian Construction Chemical Market, SWOT Analysis, Recent Developments in Indonesia Construction Chemical Market, Competition in Indonesia Construction chemicals Industry, Market share of construction chemical companies by the type of construction chemical, Product landscape of construction chemical companies in Indonesia, Pricing Comparison of Major construction chemical companies in Indonesia, Company profile of major construction chemical companies in Indonesia. The report concludes with future market projections on the basis of overall construction chemical industry revenue and analyst recommendations highlighting the major opportunities.
Indonesian Construction Chemicals Industry
Indonesia construction chemical industry revenue stood at INR ~ Cr in FY’20 and recorded a CAGR of 7.3 % during FY’15-FY’20. Concrete admixture dominated the constructions chemical market in Indonesia in FY’20 followed by Sealants, Waterproofing and others. The market was also observed to be highly dominated by the organized construction chemical companies in Indonesia.
Ambitious Government infrastructure projects need for more sustainable and water friendly technologies due to frequent droughts have led to increased demand of Construction chemical in Indonesia.
Indonesia Construction Chemicals Market Segmentation
By Organized and Unorganized Construction Chemicals Market: Construction chemicals market is dominated by organized players having vast product portfolio. (Companies with overall annual revenue greater than USD 1.3 Millions.). High Product Quality, International Certifications, Brand Image and well established relations with contractors and construction companies are some of the reasons why organized construction chemical companies are preferred more.
By Type of Construction Chemicals (Concrete Additives, Waterproofing, Tile Adhesives, Flooring, Repair and Rehabilitation Chemicals, Sealants, Grouting chemicals and Coatings): Concrete admixtures dominated the construction chemicals market of Indonesia. Surging residential and commercial construction market is leading to the growth of the concrete admixtures in Indonesia.
By Organized and Unorganized Concrete Additives: Concrete additives market of Indonesia is dominated by the organized players owing to the smaller presence of small players in the market. High demand for good quality products from infrastructure sector leads to the higher growth of the organized concrete additives players in Indonesia.
By Organized and Unorganized Waterproofing: The Indonesian waterproofing market is dominated by organized waterproofing players. Higher preference for high quality waterproofing product due to a more humid climate has led to the growth of the organized waterproofing players in Indonesia.
By Organized and Unorganized Repair and Rehabilitation Chemicals: The Repair and Rehabilitation Chemicals market is dominated by the organized players in Indonesia. Major players in Repair and Rehabilitation Chemicals market include SIKA, Fosroc, MBS (MBCC), and others.
By Organized and Unorganized Sealants: The Indonesian Sealants market is in a high demand due to the rise of DIY sealant category, and more self-dependent behavior among the rising young middle class segment. Major companies are DOW, SIKA, Bostik, and Bossil
By Organized and Unorganized Tile Adhesives: Demand for tile adhesives is majorly from the organized players in the Indonesian Market. Unorganized players provide comparatively lower quality products.
By Organized and Unorganized Flooring: The Indonesian flooring market is highly dominated by the organized flooring players. Higher complexity in manufacturing and application of such products has led to lower market share of the unorganized players.
Comparative Landscape in Indonesia Construction Chemicals Market
The competition structure in Indonesia Construction Chemicals Industry is highly consolidated in nature with the presence of very few small unorganized players providing low cost and lower quality products. The construction chemical companies were observed to compete on the basis of raw material import capabilities, revenue, manufacturing plants, branches, business verticals, end user industries, construction chemical brands, product range, product pricing and others.
Indonesia Construction Chemicals Market Future Outlook and Projections
The construction chemicals market in Indonesia is anticipated to grow with the growing Real Estate and Infrastructure Construction Industry. Over the forecast period FY’20-FY’25, the Indonesia construction chemicals market revenue is further anticipated to increase to USD ~ Millions by FY’25, thus showcasing a CAGR of 9.23 %. The Unorganized vs. Organized Market asymmetry will get even more skewed, with Organized Players slowly eating away the Unorganized Market’s share.
