Chemical Industry Big Chances for Admixtures in India
A new report by Research and Markets expects revenues from admixtures in India to climb by plus 12 percent within the next five years.
Dublin, Ireland - Research and Markets has announced the addition of the "India Naphthalene and PCE based Admixtures Market Forecast and Opportunities, 2019" report to their offering. According to this report, the admixtures market revenues in India are projected to grow at a CAGR of more than 12 per cent during 2014-19.
As per Research and Markets, the Government of India's plan for USD1 trillion investments towards the country's infrastructure in 12th Five Year Plan is one of the major factors expected to boost the demand for admixtures in the country. Increasing use of admixtures can be attributed to demand for faster and durable construction activities in the country for achieving required growth in the infrastructure and real estate market. A significant share of the investment is to be funded by World Bank and Asian Development Bank, which mandate application of construction chemicals in their funded projects.