Research and Markets: Construction Chemicals Market in India 2012-2016 with Fosroc International Ltd., Sika Group and BASF SE Dominating
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9pb4pc/construction) has announced the addition of the "Construction Chemicals Market in India 2012-2016" 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.
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.
Commenting on the report, an analyst from the 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.'
The 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.
For more information visit http://www.researchandmarkets.com/research/9pb4pc/construction
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