Report Description

India Ferrocement Market is anticipated to grow at a steady pace in the forecast period, 2024-2029, owing to the growing urban population in India, and rapid increase in the need for cheap housing in metropolitan areas.

Ferrocement is a relatively novel substance made of wire mesh and cement mortar. Ferrocrete is another name for ferrocement. The building method entails shaping the necessary structure with the use of an exemplary support mesh, such as expanded metal or chicken wire mesh. Ferrocement can be used to build a range of structural shapes with relatively thin, strong, and hard surfaces, such as water tanks, boat hulls, and shell roofs.

Adoption of Ferrocement instead of White Cement
Ferrocement and thin cement-based composites, which have been around for a while, are less than 50 mm thick. While steel wire meshes or metal laths are the traditional reinforcements for these products, new reinforcement types have emerged over time with the aim of improving performance and lowering total product costs. These new reinforcement types include fiber-reinforced polymeric (FRP) reinforcements, which use high-performance fibers like carbon, Kevlar, and Spectra; new steel unidirectional reinforcing mats made with highly high strengths wires or strands; and 3D textiles or fabrics using. Additionally, the cement matrix has significantly improved in terms of its flowability and casting ease in the fresh state, as well as its compressive strength and durability properties in the hardened state, leading to new qualifications like high strength or high performance, ultra-high strength or high performance, self-consolidating and self-compacting, etc.


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Increasing Urbanization

The urbanization is taking place in the country at a rapid pace. Other businesses and sectors, including residential, commercial, industrial, maritime, etc., are growing along with the rate of urbanization. In order to make urban areas, such as cities and towns, more effective engines of economic growth and play a vital role in economic transformation and national development, India has advised reforming their urban policies, practices, and regulations. As towns and cities continue to develop, more parks, outdoor theaters, and gardens are being built. Ferrocement is a wonderful material for these types of buildings.

Increasing Use of Renewable Power Generation
Since rising urbanization, population growth, and economic development are pushing up electricity consumption, and governments, across India so to enhance access to inexpensive energy, governments are increasing their usage of renewable energy. Solar panels have been produced using ferrocement. The lowering cost of solar energy systems, which enables the country to move ahead to sustainable and low-carbon alternatives, is also helping India to adopt renewable resources. More blackouts also create opportunities for rooftop solar growth and, by extension, for the market players in ferrocement as industrial and residential demand rises and costs decline. Therefore, it is anticipated that demand for Ferrocement will rise in the region over the next few years as efforts are made to make the area dependent on renewable energy sources like solar, biogas, etc.

Market Segmentation
The India Ferrocement Market is divided into application, manufacturing process, regional distribution and competitive landscape. Based on Application, the market is divided into Agriculture, Water Supply & Sanitation, Rural Energy, Housing, Marine, Others. Based on Manufacturing Process, the market is divided into Centrifuging, Guniting, Semi Mechanized, Hand Plastering. The market is also segmented by region that is West, South, North, East.

Market Players
Major market players in the India Ferrocement Market are M/s Ganesh Ferrocement Works, Ferro Concrete Construction (India) Pvt Ltd, Ferro Build, Prefer Industries and Tara Nirman Kendra.

Attribute

Details

Base Year

2023

Historic Data

2019 – 2022

Estimated Year

2024

Forecast Period

2025– 2029

Quantitative Units

Revenue in USD Million, and CAGR for 2019-2023 and 2024-2025

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Application

Manufacturing Process

Regional scope

West India, South India, North India, East India

Key companies profiled

M/s Ganesh Ferrocement Works, Ferro Concrete Construction (India) Pvt Ltd, Ferro Build, Prefer Industries and Tara Nirman Kendra

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the India Ferrocement Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Ferrocement Market, By Application:

o   Agriculture

o   Water Supply & Sanitation

o   Rural Energy

o   Housing

o   Marine

o   Others

·         India Ferrocement Market, By Manufacturing Process:

o   Centrifuging

o   Guniting

o   Semi Mechanized

o   Hand Plastering

·         India Ferrocement Market, By Region:

o   West India

o   South India

o   North India

o   East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Ferrocement Market.

Available Customizations:

India Ferrocement Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Ferrocement Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Ferrocement Market

4.    Executive Summary

5.    Voice of Customer

6.    India Ferrocement Market Outlook

6.1.  Market Size & Forecast

6.1.1.               By Value

6.2.  Market Share & Forecast

6.2.1.               By Application (Agriculture, Water Supply & Sanitation, Rural Energy, Housing, Marine, Others)

6.2.2.               By Manufacturing Process (Centrifuging, Guniting, Semi Mechanized, Hand Plastering)

6.2.3.               By Region (North, East, West, South)

6.2.4.               By Company (2023)

6.3.  Market Map

7.    South India Ferrocement Market Outlook

7.1.1.               By Value

7.2.  Market Share & Forecast

7.2.1.               By Application

7.2.2.               By Manufacturing Process

8.    West India Ferrocement Market Outlook

8.1.1.               By Value

8.2.  Market Share & Forecast

8.2.1.               By Application

8.2.2.               By Manufacturing Process

9.    North India Ferrocement Market Outlook

9.1.1.               By Value

9.2.  Market Share & Forecast

9.2.1.               By Application

9.2.2.               By Manufacturing Process

10. East India Ferrocement Market Outlook

10.1.1.                 By Value

10.2.        Market Share & Forecast

10.2.1.             By Application

10.2.2.             By Manufacturing Process

11. Market Dynamics

11.1.        Drivers

11.2.        Challenges

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. India Economic Profile

15. Company Profiles

15.1.        M/s Ganesh Ferrocement Works

15.1.1. Business Overview

15.1.2. Key Revenue and Financials (If Available)

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. Key Product/Services

15.2.        Tara Nirman Kendra

15.2.1. Business Overview

15.2.2. Key Revenue and Financials (If Available)

15.2.3. Recent Developments

15.2.4. Key Personnel

15.2.5. Key Product/Services

15.3.             Ferro Build

15.3.1. Business Overview

15.3.2. Key Revenue and Financials (If Available)

15.3.3. Recent Developments

15.3.4. Key Personnel

15.3.5. Key Product/Services

15.4.             Prefer Industries

15.4.1. Business Overview

15.4.2. Key Revenue and Financials (If Available)

15.4.3. Recent Developments

15.4.4. Key Personnel

15.4.5. Key Product/Services

15.5.        Ferro Concrete Construction (India) Pvt Ltd

15.5.1. Business Overview

15.5.2. Key Revenue and Financials (If Available)

15.5.3. Recent Developments

15.5.4. Key Personnel

15.5.5. Key Product/Services

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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M/s Ganesh Ferrocement Works, Ferro Concrete Construction (India) Pvt Ltd, Ferro Build, Prefer Industries and Tara Nirman Kendra are some of the major players in India Ferrocement Market.

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The major segments in the India Ferrocement Market are Application, and Manufacturing Process.

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The dominant region in India Ferrocement Market is North Region, as most of the construction and government projects are in progress in this region.

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The main challenges faced in India Ferrocement Market are the cost and the need to meet the demand of the customers.

profile

Srishti Verma

Business Consultant
Press Release

India Ferrocement Market Expected to Grow at Higher CAGR in the Forecast Period 2028

Jan, 2023

Growing construction activities and increasing agricultural productivity in the country are expected to drive the India Ferrocement Market.