Construction chemicals market in Poland poised to decline by 6% in 2013

A dwindling number of housing starts substantially depresses the outlook for the construction chemicals market in Poland, which is expected to shrink by a few percent in 2013. This scenario is also confirmed by a decline in the business confidence indicator for the construction chemicals industry from 14.7 pts in 2011 to 8.2 pts in 2012.
According to our latest report entitled “Construction chemicals market in Poland 2013 − Development forecasts for 2013-2015”, the construction chemicals market is expected to decrease by around 6% in 2013 after marginal increases in 2011 and 2012. A weaker growth outlook will be driven by the declining residential construction segment, which accounts for three-quarters of the construction chemicals market in Poland. We expect that the floor area of housing projects completed will steadily fall from 15.4 million m² in 2012 to around 13.5 million m² in 2014-2015.

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