Freedonia In The News
Article Title: Asian construction chemicals face uncertain market outlook
By: John Richardson
Publication: ICIS, 3/2/2009
Freedonia Study: Construction Chemicals in China (2420)
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Demand for construction chemical products used in on-site applications in China is expected to total CNY40bn by 2012, representing 10.1%/year growth from 2007, says the Freedonia Group.
The Cleveland, US-based industry research firm makes its estimate in a study - Construction Chemicals in China. "Growth will be driven by an increase in both new construction, and improvement and repair projects," says Freedonia, which identifies rising urbanization as a key growth driver.
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