The market for construction chemicals was valued at around INR 50 billion in 2016-17, witnessing a CAGR of 15% p.a. Construction chemicals industry in India is fragmented with the presence large Indian companies and multinational players as well as of several small single product local companies. Top 5 players account for around 50-60% of the market; there are over 300 local manufacturers that produce low value products.
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