Construction Chemicals Market in India 2013

Spanning over 77 pages and Macro Economic Indicators, Market Overview, Penetration Rate – Key Segments, Drivers & Challenges and Competitive Landscape figures, “Construction Chemicals Market in India 2013” report presents an in-depth assessment of the Chemicals Market in Construction industry which includes benefits and growth of the market.

For more information visit:   Construction Chemicals Market in India 2013

Construction Chemicals Market in India’, states that growth in construction activities has led to significant rise in demand for construction chemicals in the Indian market. Construction chemicals are slowly expected to play a vital role in the development of the Indian construction industry. Multiple benefits associated with the application of construction chemicals have also contributed to the robust growth of the market.

The development of the construction chemicals market is supported by the focus on infrastructure construction in India. Growth in real estate sector is expected to stimulate the demand for construction chemicals. Rise in disposable income of the consumers will enable them to spend more on construction chemicals. Growing economy of the country will also aid the sustainable development of the Indian construction chemicals industry.

However, the industry has also some pain points. Low awareness about the application and benefits of construction chemicals deters the development of the market. Further lack of standards presents significant hindrance to the growth of the industry. Unskilled labor along with a price sensitive consumer base adversely affects market growth.

Construction chemicals industry is witnessing a surge in demand from the tier 2 and tier 3 cities of India. Silicone based construction chemicals are also gaining rapid popularity. Development and application of eco friendly construction chemicals has emerged as a new trend in the market. The Indian construction chemicals industry is a niche market at present and has strong growth potential in the future years.

For more information visit:   Construction Chemicals Market in India 2013

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