{"id":421,"date":"2018-06-08T09:44:36","date_gmt":"2018-06-08T04:14:36","guid":{"rendered":"http:\/\/blog.getdistributors.com\/?p=421"},"modified":"2023-10-11T12:25:40","modified_gmt":"2023-10-11T06:55:40","slug":"construction-chemicals-industry-to-grow-by-16-by-2018-report","status":"publish","type":"post","link":"https:\/\/www.getdistributors.com\/blog\/construction-chemicals-industry-to-grow-by-16-by-2018-report\/","title":{"rendered":"Construction Chemicals Industry to Grow by 16% by 2018: Report"},"content":{"rendered":"<p><a href=\"http:\/\/blog.getdistributors.com\/wp-content\/uploads\/2014\/05\/Construction-Chemicals-Industry.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone  wp-image-422\" src=\"http:\/\/blog.getdistributors.com\/wp-content\/uploads\/2014\/05\/Construction-Chemicals-Industry.jpg\" alt=\"Construction Chemicals Industry\" width=\"591\" height=\"39\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Construction Chemicals sector in India is termed as a &#8216;rising industry&#8217; is growing at a rapid pace and its chances of further growth are very bright in the coming time. India has shown a growth of about 17% p.a. in last five years in this industry.<\/p>\n<p style=\"text-align: justify;\">According to the knowledge paper on <strong>Indian <a title=\"Construction Chemical Industry\" href=\"https:\/\/www.getdistributors.com\/distributors\/construction-real-estate\/construction-chemicals-distributors.html\" target=\"_blank\">Construction Chemicals Industry<\/a> Imperatives of Growth<\/strong>, &#8220;The construction chemicals sector is expected to grow by 16% on an annual basis by FY18. The industry is anticipated to maintain its growth driven by untapped potential of the market and foreseen growth in construction sector over the next 5-7 years due to government&#8217;s investment plans.&#8221;<\/p>\n<p style=\"text-align: justify;\">The reports said, the main growth drivers the industry is facing challenges like high price-sensitivity of customers, low awareness levels and lack of skilled labour.<\/p>\n<p style=\"text-align: justify;\">Presently, this industry stands at Rs 3,600 crore, with admixtures constituting 42% of the share, followed by waterproofing and flooring agents 14%, chemicals for rehabilitation 12% and adhesives and sealants 18%.<\/p>\n<p style=\"text-align: justify;\">The penetration of level of construction chemicals in China is very high (accounts for 42% of global consumption in 2012) and in India, it&#8217;s on developing stage.<\/p>\n<p style=\"text-align: justify;\">As per mentioned in the report, &#8220;However the utilization of <a title=\"Construction Chemicals Distributorship\" href=\"https:\/\/www.getdistributors.com\/distributors\/construction-real-estate\/construction-chemicals-distributors.html\" target=\"_blank\">construction chemicals<\/a> raises the cost of a product by 2-5%, it also adds life to it with better performance\u201d.<\/p>\n<p><a name=\"OBJ_PREFIX_DWT687_com_zimbra_date\"><\/a><span style=\"font-family: Liberation Serif,serif;\"><span style=\"font-size: medium;\"><i>Source: Economictimes.com, 9 May, 2014<\/i><\/span><\/span><\/p>\n<p><em>\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction Chemicals sector in India is termed as a &#8216;rising industry&#8217; is growing at a rapid pace and its chances of further growth are very bright in the coming time. India has shown a growth of about 17% p.a. in last five years in this industry. According to the knowledge paper on Indian Construction Chemicals [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[203],"tags":[],"_links":{"self":[{"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/posts\/421"}],"collection":[{"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/comments?post=421"}],"version-history":[{"count":10,"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/posts\/421\/revisions"}],"predecessor-version":[{"id":9616,"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/posts\/421\/revisions\/9616"}],"wp:attachment":[{"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/media?parent=421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/categories?post=421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.getdistributors.com\/blog\/wp-json\/wp\/v2\/tags?post=421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}