DUBLIN, April 16, 2013 /PRNewswire/ --
Research and Markets has announced the addition of the "Construction Chemicals Market in India 2012-2016" report to their offering.
This new report, Construction Chemicals Market in India 2012-2016, is based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Engineering team 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."
According to the report, the need to increase the life of structures and buildings is one of the major drivers in the Construction Chemicals market in India. During the last decade, India has witnessed a number of buildings collapse, which has affected thousands of people in the country. The use of low-quality products in construction projects still poses a severe threat to the safety of the people in the country. The threat is not confined to residential buildings; it is spread across other structures such as bridges, tunnels, ports, airports, monuments, and highways. Therefore, builders have started to use construction chemicals in order to increase the durability of structures. Construction chemicals protect structures from environmental hazards. Moreover, they improve the anti-corrosion properties of buildings, enhance waterproofing, and help in the laying of strong and abrasion-resistant flooring.
Further, the report states that the lack of standardization of construction chemicals is one of the major challenges in the Construction Chemicals market in IndiaThe report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are BASF SE, Fosroc International Ltd., Pidilite Industries Ltd., Chryso S.A.S., and Sika Group. 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?
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SOURCE Research and Markets