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Building New India: can government initiative & FDI inflow catapult the construction chemical market to INR 11000 Cr by 2025?

1. “Real Estate fueling the construction chemical market:” Enhancing Investment for Real Estate Development is a Priority for the Government; this will indirectly boost demand in the Construction Chemicals Market

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2. There is a huge pipeline of on-going & up-coming Real Estate & Infrastructure Projects till FY’2025.

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3. “A bright future for the industry:” Construction Chemicals Industry is going to witness a healthy growth of its end user Industries, which reduces demand uncertainty in the medium to long term.

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The future growth rate of construction chemical industry is expected to be a steady but consistent one. A major push will be received via projects in hospitality, residential, commercial & infrastructure segments. Furthermore, New Innovations such as Multipurpose & Hybrid Coating, eco-friendly products for instance Nano-Coating, Green Coating for fire protection and anti-corrosion are anticipated to fuel the sales. Global Companies have already increased their presence by opening new manufacturing plants for instance BASF opened 6th Plant in India, Fosroc and Arkema inaugurated their new plants as well. All in all, even though the industry is currently is at a nascent stage currently, it is expected to register strong growth in upcoming years.

The post Building New India: can government initiative & FDI inflow catapult the construction chemical market to INR 11000 Cr by 2025? appeared first on Research News Today.



This post first appeared on Research News Today: Press Release Submission Site, India Global, please read the originial post: here

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Building New India: can government initiative & FDI inflow catapult the construction chemical market to INR 11000 Cr by 2025?

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