Reinforcement Material Market Outlook – Need for Robust materials Expected to Boost Demand
Asia Pacific is one of the major contributors to the global reinforcement material market. Rapidly flourishing urbanization and modern infrastructure coupled with increasing investments in high end for products for defense sector in emerging economies such as India and China has boosted the growth of reinforcement material in the region. According to IBEF, the Indian construction industry is associated with many foreign investors such as Hines (USA), Emaar Properties (UAE), Veolia (France), Alstom (France), Aqualyng AS (Norway), Ascendas (Singapore), Tishman Speyer (USA), The Trump Organization (USA), Hydro-Comp Enterprises (Cyprus), GIZ (Germany). This will give rise to new opportunities for the manufacturers in the reinforcement material market. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India.
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