Published on April 13, 2015
The paints and coatings industry in India is growing at a CAGR of 10.5% till the end of this year. It is anticipated to grow at the rate of 12-13% annually over the next five years. Report said that Earlier the demand for premium decorative paints was restricted to the urban areas. However, growing awareness and increasing disposable income levels have supported the growth of this category of paints in the rural and semi- urban area. Recent report said that in near term the paint industry pl ..
Published on April 13, 2015
With the huge market potential and the growing preference, the market for adhesives and sealants is likely to witness considerable growth. Industry source said that in near future numbers of new opportunities are likely to grow up in this market. Increasing demand in the automotive market has increased focus on Adhesives and Sealants. Due to rise in Industrial activities this industry is showing steady growth for the Indian market. Adhesive market finds application in almost every manufacturing ..
Published on April 6, 2015
The government of India has introduced a new foreign trade policy for textile industry for this financial year. The policy was disclosed on 1st April 2015. The major emphasis of this policy is to focus on improving the ‘ease of doing business’. This policy will improve the exports of goods and services as well as improve the employment opportunities. The government has introduced a new scheme called “Merchandise Exports from India Scheme (MEIS)”. This scheme will help in ..
Published on April 6, 2015
Recently Indian laminate industry players are planning for the latest discount, offers, sale and scheme. As it is not an important marketing tool but they are planning to use these tools to sale any products and clear dead stock with least marketing efforts. Market players said that as competition is very fast so converting such offers essential marketing strategy for companies and marketers. As per GCP source, currently marketing seniors are coming up with innovative ideas for implementing att ..
Published on March 30, 2015
Polymer composites and new age materials are the product for future. This category of material is likely to gain high demand in near future. Application of polymer composites along with metals in credence can reduce as much as of 20-25/Kg of weight per vehicle. At present weight reduction of vehicle is the top notch priority of automobile industry. The major benefit is it helps in enclosing emission, reducing the overall weight and the final increasing the fuel efficiency of vehicle. Application ..
Published on March 30, 2015
The Beauty Business in India is growing astonishingly with the cosmetics market growing at 15-20% annually, twice as fast as that of the United States and European markets. According to analysis and figures, the total Indian beauty and cosmetic market size currently stands at USD950 million and showing growth between 15-20% per annum. The retail beauty and cosmetics market in India currently estimated at USD 950 million is pegged at USD 2.68 billion by the year 2020. The market's volume is expe ..
Published on March 23, 2015
Crude prices continue to doom in international market. Last week crude prices closed at $45.72/bbl and Brent at $55.32/bbl. Depletion of crude prices by more than 50 percent in span last six month has affected the petrochemical market globally. Prices of all the petroleum by-products have slashed significantly in recent weeks. The polyester no more remains unaffected by this change. It has been trying to adjust in the changing scenario but could not hold its prices. Slowdown in the Para X ..
Published on March 23, 2015
During the last few weeks plywood players were expecting something good from budget, they were expecting some booster budget for reality and housing sector. But as compared to the expectation the receiving were too little to rejoice. Market players said that all over budget was packaged on a right direction but nothing much for immediate relief which will enhance the demand factor. Recently all the industry players are expecting to increase the allocation for capital spending in the infrastruct ..
Published on March 16, 2015
Industry sources said that at present Asian producers are holding back there offers for Polymer because they are expecting that prices will increase in coming days due to firmer prices of Ethylene and Propylene. Due to recent fall in Oil prices producers said that polymer prices are at lowest at present and likely to firms up in near term. For the current week prices of Polymer has shown some hike in domestic market as told by industry sources. Sources said that in near future prices may declin ..
Published on March 16, 2015
Indian cosmetic industry is growing with a very prompt velocity. Currently it is valued at around USD 4.6 billion and is projected to grow between 18 to 20 percent in the next couple of years. Recently wide use of video interviews and virtual conversations on line are some of the new trends that are fast picking up to connect with customers and candidates in any corner of the country. L'Oreal India has made a focused attempt to leverage technology further, going forward. As per th ..
