Published on February 29, 2016

Real estate market is running with a very dull velocity on the back of this demand for laminate has been facing much trouble. In this tough time market players are planning to bring decorative products as per customer requirement which will enhance the interest of the customer. Currently all the market players are hopeful for the budget 2016-17 which will bring some positive results.  

Phenol is mainly used in plywood industry the government plans to impose anti dumping duty on imports of phenol from Singapore, South Korea and European Union to protect the domestic industry.

As per the market report some of the market players in Kerala have taken initiatives to produce better quality, uniform thickness and finishing with ISI marking sample presentation. Plyboards ltd. Reported net profit of Rs 41.59 crore for the fourth quarter of 2015. Company has recorded the growth of 0.54% but decline 10.09%, said by market source.

At present laminate industry is moving with a tough phase. Every market player is fighting tough battle when it comes to payments and orders. This reveals market players needs to do hard work to attain maximum market share. Apart from this they have to develop the effective marketing skills to boost the demand.