The Indian Waterproofing Chemicals market size is estimated at $ 2.30 billion in 2024 and is expected to reach $ 4.32 billion by 2029, growing at a CAGR of 13.44 percent during the forecast period 2024 to 2029. The construction industry in India is poised to experience increased sales of construction chemicals, thanks to government initiatives like Smart City, Make in India, and Housing for All, which are creating significant opportunities.
However, numerous players in this industry continue to depend on traditional waterproofing methods that fall short in shielding structures from water penetration. Emerging prominently among them is Tiki Tar Danosa, a forward-looking enterprise delivering integrated waterproofing solutions encompassing analysis, materials, and application, assuring quality and consistency across a range of construction needs.
Industry Outlook, recently interacted with Shruti Shah, GM-Sales and Marketing, Tiki Tar Danosa in order to know more about the company and the impact it is making in the Waterproofing Chemicals sector.
Could you give a brief account about Tiki Tar Danosa as an organization and its position in the market?
Tiki Tar Danosa is a partnership firm between Tiki Tar Industries in India and Spain’s Danosa, functioning under the brand Tikidan. Our firm’s expertise extends to providing waterproofing and construction solutions from the basement to the roof of the building.
While we’re established in Mumbai; we have our state-of-the-art facility in Gujarat with the largest capacity plant in India manufacturing waterproofing membranes. While the JV is just 10 years old in the South Asian market; both companies have a strong legacy of 60 years of manufacturing building materials in their respective regions.
What are the flagship products offered by your company? How are they different from other products in the market?
We offer a versatile range of waterproofing solutions ranging from sustainable bituminous, PVC, liquid applied and spray applied solutions like PU’s and Polyureas. Apart from waterproofing we offer a range of solutions in Thermal & Acoustic insulation that add value to the overall system we provide to the customers. We place special emphasis on continuous improvement by developing new specifications and solutions that help increase the durability of the structure with cost-effectiveness.
We are committed to utilizing advanced technology to provide top-quality products & solutions for a diverse range of projects
Furthermore, we ensure the quality and safety of our products and systems through a comprehensive process. Our products undergo certification and technical evaluation by reputable European and Indian accreditation bodies along with adhering to green building norms.
What approach do you follow to ensure the quality of your products?
We strongly emphasize securing the correct raw materials which is by adhering to a comprehensive Quality Management System. The procurement team, in collaboration with the R&D team, plays a crucial role in ensuring that the right materials enter the factory. Subsequently, these materials undergo refinement and improvement within the company’s laboratory before advancing to the production phase. Throughout this process, we maintain a qualified testing team, which diligently assesses and verifies the quality at every stage.
What is the future roadmap of your company? Are you working on any expansion of your product portfolio?
Currently, our reach extends to over 60 countries around the world, allowing us to contribute our expertise and high-quality services on a global scale. Moving forward, we anticipate launching new products in the market and are committed to delivering high-performance materials. Beyond that, we’ll continue to build a great team that is backed by thorough training and development across departments to ensure that the values trickle down to each and everyone and a collective impact lead to the progress of the industry as well as for our employees.
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