Press Release

Indonesia Construction Chemicals Market to Grow at 13% CAGR until 2026

Rising residential and commercial construction coupled with increasing government investments in infrastructural developments to drive demand for construction chemicals in Indonesia through 2026 

According to TechSci Research report, Indonesia Construction Chemicals Market By Type, By End Use, Competition Forecast and Opportunities, 2012 – 2026’’, Indonesia construction chemicals market is forecast to grow at a CAGR of over 13% during 2017 - 2026, on account of increasing government and private sector investments in the construction sector. Rising disposable income of people and expanding population base is boosting demand for modern construction and this is anticipated to augur well for high quality construction chemicals market in the country through 2026.

Browse 15 market data Tables and 47 Figures spread through 133 Pages and an in-depth TOC on "Indonesia Construction Chemicals Market"

https://www.techsciresearch.com/report/indonesia-construction-chemicals-market-by-type-concrete-admixtures-waterproofing-chemicals-repair-rehabilitation-chemicals-etc-by-end-use-infrastructure-real-estate-competition-forecast-opportunities/963.html

Indonesia construction industry is projected to exhibit robust growth in demand for construction chemicals through 2026, on the back of increasing establishment of residential and non-residential buildings. Increasing number of initiatives by Government of Indonesia towards development of transport infrastructure, including plans to develop 24 ports for handling higher passenger and cargo traffic, is also expected to boost demand for construction chemicals in the coming years. Additionally, under the Medium-Term Infrastructure Development Plan 2015-2019, Indonesian government announced plans to invest $105.31 billion for construction of 2,650 kilometers of new roads, 1,000 kilometers of new toll roads, and maintenance and upgrading of 46,770 km of roads. Growing number of road construction and maintenance projects is expected to boost demand for concrete admixtures, adhesives & sealants and other type of construction chemicals in the coming years. Concrete admixtures garnered the largest share in the country’s construction chemicals market, as these chemicals provide strength to construction materials and offer long term durability to structures. Increasing consumption of concrete admixtures in the infrastructure sector is anticipated to positively impact growth of Indonesia construction chemicals market through 2026.

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“In 2016, Java region dominated demand for construction chemicals in Indonesia, owing to growing construction activities in the region. Java is one of the most developed regions in the country and is a hub for major commercial activities. Rising construction of residential units coupled with robust growth in commercial infrastructure developments is anticipated to boost demand for construction chemicals in the region. Jakarta, the capital of Indonesia, also generates huge demand for construction chemicals, due to various upcoming construction projects. Increasing construction of residential complexes and commercial spaces in the region is expected to boost demand for construction chemicals in the country during the forecast period as well.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Indonesia Construction Chemicals Market By Type, By End Use, Competition Forecast and Opportunities, 2012 – 2026” has evaluated the future growth potential of Indonesia construction chemicals market and provide statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in Indonesia construction chemicals market.

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Rising residential and commercial construction coupled with increasing government investments in infrastructural developments to drive demand for construction chemicals in Indonesia through 2026

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