Indian Market for Construction Chemicals Forecast to Grow at 19.49 CAGR

Research and Markets has announced the addition of the "The Indian Market for Construction Chemicals" report to their offering.

This report forecasts the Construction Chemicals market in India to grow at a CAGR of 19.49 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to increase the life of structures and buildings. The Construction Chemicals market in India has also been witnessing the emergence of eco-friendly construction chemicals. However, the lack of standardization of construction chemicals could pose a challenge to the growth of this market.

This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on India only; it covers the Construction Chemicals market in India market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Commenting on the report, an analyst said: "The emergence of eco-friendly construction chemicals is one of the emerging trends in the Construction Chemicals market in India. As a result of the increasing focus on energy conservation and eco-friendliness, the need for green buildings and green products has increased across industries in India. The Infrastructure industry is no exception, and there is also a domino effect on the sub-industries of the Infrastructure industry. Thus, the emergence of eco-friendly products is one of the major trends in the Construction Chemicals market in India, and it is expected to have a positive influence on the growth of the market during the forecast period. Environmentally friendly materials such as water-based coatings, green coatings, and insulation coatings are required for the constructing of green buildings. For instance, insulation coating on the roof and walls of a building acts as an insulator, providing a cooling effect, which reduces energy consumption and the load on air conditioners."

The key vendors dominating this market space are Fosroc International Ltd., Sika Group, BASF SE, Pidilite Industries Ltd. and Chryso S.A.S.

The other vendors mentioned in the report are Chowgule Construction Technologies Pvt. Ltd., CICO Technologies Ltd., STP Ltd., and Chembond Chemicals Ltd.

Key questions answered in this report:

  • What will the market size be in 2016 and at what rate will it grow?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by these key vendors?
  • What are the strengths and weaknesses of these key vendors?

You can request one free hour of analyst time when you purchase this report. Details provided within the report.

For more information visit http://www.researchandmarkets.com/research/7n4cdt/construction

Source: http://www.researchandmarkets.com/

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