Published on March 10, 2014
The resin market in India is perched to grow significantly in the next five years. Acrylic resins find an abundant utilization in several industries ranging from paints and coatings to automotive and construction. Growth of economy is the lifeline of every industry. Here also demand of acrylic resins completely depends on the health of economy and the wide variety of its end-usage. Downstream market for acrylics includes pains, coatings, textiles, paper and adhesives and many more. All the ..
Published on March 10, 2014
The industrial paint market has been sluggish as most segments have experienced slowdown due to the overall economic environment in the country. Market players say that decorative paint market in India is growing at a healthy rate over the past few years, while Industrial paint segment continued to be impacted by slow-moving manufacturing background in the economy, with no major activity. The industrial coatings business has been impacted by slowdown and higher raw material cost. Indian paint m ..
Published on March 10, 2014
The global cosmetic industry has risen by 4.5% a year on average CAGR in last 20 years, with annual growth rates ranging from around 3% to 5.5%. Between 2006 and 2008, the growing of CAGR was around 7.5% and in last few decades, Indian cosmetic industries had a swift growth due to rise in purchasing power of women as well as their consciousness towards fashion.The rise in the overall growth of cosmetic industry was due to increase of awareness in the Indian consumers. With rising of demand in th ..
Published on March 10, 2014
Industry analysts believe that global demand for medical adhesives and sealants is increasing due to the number of surgical interventions required to cater to the new-aging baby boomer population. Advances in technology are facilitating the growing number of niche applications for adhesives market. A research report said that Global Hygiene Adhesives market to grow at a CAGR of 8.35% over the period 2013-2018. According to this research report, one of the key factors contributing to this market ..
Published on March 3, 2014
News from Plastic industry said that major of the production companies are shifting their manufacturing units to India from China. The reason derived from the company officials is that production cost in China is increasing day by day and that has resulted in lower margins in profit. Even Chinese companies are also forming joint ventures with Indian companies to set up production units in the country. Some of the company officials said that this is good time to move production from China to Indi ..
Published on March 3, 2014
The global Pharma industry is under serious pressure from a large number of modernizer molecules which are facing patent cessation, a slender pipeline of new drugs, dogmatic challenges and pricing pressures. The dawn of the Indian pharmaceutical industry is phenomenal a global success story and by 2020, the industry is on a threshold of becoming a major global market. For next 10 years many industry experts believe that the industry will have the potential to increase speedily by 15 to 20% CAGR ..
Published on March 3, 2014
On the lines of economy sluggishness, weak demand and dull market sentiments in furniture making sector is giving a hard time to machinery makers and other raw material suppliers. Optimistic players provide data of Indian population, future requirements and expected growth of economy and assume that market will be back with bang. Green Lam is one of the leading laminate and plywood manufacturers of our country. It has established itself as the undisputed market leader of the Laminate industry i ..
Published on March 3, 2014
Fertilizer industry plays very vital role in raising agricultural productivity, increasing food security and increasing the livelihoods in rural as well as urban sector. But on same front this industry is facing challenges due to lack of investment and tedious investment policies. 2013 remained tough year for the fertilizer industry. Other than Urea, several important chemical demands are being catered by imports. Around 50% of chemical of this category are imported. In the year 2013, decline i ..
Published on February 25, 2014
Paint market in India has witnessed growing demand due to rising levels of disposable income. Improved activity in the industrial infrastructure and automotive sectors also has witnessed the higher demand in past few weeks. As per report, globally estimated paint and coatings demand will witness yearly growth of more than 5%, reaching almost 46 metric tons in 2015. The industry will record 15% yearly growth between 2012 and 2015. Paint industry is expected to grow about USD142 billion by 2015, ..
Published on February 25, 2014
India is already among the top six producers of pharmaceuticals of the world. The Government of India had announced a host of measures to create a facilitating environment for the Indian pharmaceutical industry. The policies of the Government of India are aimed at building more hospitals, boosting local access to healthcare, improving the quality of medical training, increasing public expenditure on healthcare to 2-3% of GDP, up from the current level of 1%. Simultaneously, the growth in healthc ..
