India's biocides market to overtake China

摘要

INDIA'S biocides industry will grow at a rate of 9.1 % exceeding the average growth rates in China thanks to rapid industrialization, according to a report by Kline & Company, global consulting and research firm. The high rate of industrialization, driving need for improved water systems, growth of the adhesives and sealants market and the automotive industry, increasing metal-working fluids usage, domestic ship growth with focus on off-shore exploration, as well as changing consumer demographics, are some of the key growth factors for specialty biocides.