India construction chemicals market to grow significantly by 2020, a report

India construction chemicals market is projected to grow CAGR over 15 percent with increase infrastructure development activities. © Hindu Business Line photo

DUBLIN, IRELAND: India construction chemicals market has been experiencing significant growth; however, it is still at growing phase when compared to other regional and domestic markets. With increase infrastructure development activities, investment in commercial and residential housing and renovation activities of historical monuments, water retention structure, bridges and other civil structures have led to significant consumption of construction chemicals across India said a report by Research and Markets.

The market for construction chemicals in India is projected to exhibit a promising CAGR over 15 percent during 2015 – 2020, said the report titled “India Construction Chemicals Market by Type (Concrete Admixtures, Waterproofing Chemicals, Flooring Chemicals, Repair & Rehabilitation Chemicals & Others).”

Pidilite industries, Sika, BASF and FOSROC are few of the leading players operating in Indian construction chemicals market according to the report.

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