Construction chemicals market to grow by 4-5% in 2015-2016

The construction chemicals market will expand by 4-5 percent a year in 2015-2016 and will stabilize at some 4.2 million tons in 2017-2018, according to a report published by PMR, a market research company. “The improving situation is confirmed by a research on more than 300 small and medium construction companies. The prosperity index value was at 20.4 point, an increase by 4.4 percent since December 2013”, the report reads. In four out of five segments of construction chemicals market the situation has improved. The exception is an insulation system industry, where the optimism level remained at the same level as in the previous year.