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.
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Attribute
|
Details
|
|
Base Year
|
2023
|
|
Historic Data
|
2019 –
2022
|
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Estimated Year
|
2024
|
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Forecast Period
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2025–
2029
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Quantitative Units
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Revenue in USD Million, and CAGR for 2019-2023 and 2024-2025
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Report coverage
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Revenue
forecast, company share, growth factors, and trends
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Segments covered
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Application
Manufacturing Process
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Regional scope
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West
India, South India, North India, East India
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|
Key companies profiled
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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.
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Pricing and purchase options
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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]