Construction chemicals are widely used in the construction of residential, industrial, com-mercial and infrastructure projects. Residen-tial building has the major market share for construction chemicals followed by commercial buildings. Residential building is expected to maintain its dominance in the global construction chemical market because of the increasing number of residential projects.
Increasing demand for public, commercial and residential buildings combined with increasing urban population is driving the global construction chemical market. Additionally, the increasing disposable income of individuals has created a demand for better-quality residential buildings, acting as a growth driver for the global construction chemical market. Demand for buildings, roads, bridges, tunnels and dams is further driving the market.
Nilotpol Kar, MD, Master Builders Solutions India, says, “Demand is returning to normal. The construction projects that witnessed a hit due to manpower challenges are returning to normalcy. Business sentiment is positive what with the IMF projecting an impressive 11.5% growth rate for India in 2021 and in February we witnessed a boost in infrastructure development. The construction chemicals business has been a derived demand of the quantum of infra projects underway alongside consumption in the building sector and poised to grow.”
Bu hikaye Construction Week dergisinin March 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Construction Week dergisinin March 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
ELEVATOR INDUSTRY GETS BOOST FROM GROWING METRO NETWORKS
The elevators and escalators industry is seeing a boom. Metro rail networks are one of the main reasons
NAVIGATING A CHANGING LANDSCAPE
How APL Apollo is adapting to meet the evolving needs of the steel tube industry
CASAGRAND CASABLANCA
The property is a sanctuary of indulgence
PURVA CLERMONT
The epitome of global living in Chembur, Mumbai
ELAN GROUP TRUSTS LEIGHTON ASIA WITH 2ND CONTRACT
Will begin work in November
MAHA GOVT SETS NEW RECORD IN INFRA DEVELOPMENT
The firm raise Rs 730 cr through its IPO
FINALLY! TWO ADDITIONAL RAILWAY LINES
With an estimated cost of Rs 2,184.02 crore
TWIN TOWERS COMING UP IN NOIDA SOON
The two towers will be juxtaposed In cosmic precision
RUSTOMJEE INTRODUCES 'VERDANT VISTAS' IN THANE
Expansive residences with uninterrupted creek views
A MEAN MACHINE
Backhoe loaders are one of the most versatile equipment, and why