Construction chemicals market in Poland projected to shrink 7% in 2014

A stronger outlook for the construction chemicals industry in 2015 and onwards is also confirmed by the third round of the survey of 300 small- and medium-sized renovation and construction companies conducted for the purpose of the report. Assessments of the current situation and expectations for the future in terms of financial standing, backlogs of orders and employment levels reveal a more optimistic outlook than in the year before. As a result, the value of the business confidence indicator for the construction chemicals market in Poland stood at 16 pts, compared to 8.2 pts in last year’s study and 14.7 pts two year before.
How the surveyed companies perceive the outlook for 2014 is largely driven by the type of work in which they are involved. According to the specialisation area, PMR’s confidence indicator for the sector has the highest values for companies specialised in laying screeds and tiling companies, though other segments show only marginally poorer performance. Significantly larger differences in the index were presented in the previous wave of the survey.

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