Non-residential segment to dominate the precast concrete market
The global precast concrete market is expected to grow at a compound annual growth rate (CAGR) of 6.6% during the forecast year, from USD 144.6 billion in 2022 to USD 198.9 billion in 2027. Precast concrete refers to construction products made in reusable moulds away from the construction site. These building materials are delivered to the job site and assembled. Precast concrete has several advantages,...
Massive Scope for Adoption of Wooden Decking Market in Emerging Nations
Wooden decks are manufactured using a primary wooden core structure and lumber. Wooden decks are strong, durable, and capable of bearing enough weight to support home owners enjoy an extended living area. MarketsandMarkets projects that the wooden decking market size will grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at a CAGR of 1.43% from 2016 to 2021. The increase in demand of...
Insulation Products Market – Market Leadership
The global Insulation products market size is projected to grow from USD 55.1 billion in 2021 to USD 71.7 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The growth of this market is attributed to growing stringent regulations for energy-efficient insulation equipment, increase in number of HVAC applications, technological advances, and growing demand in construction, industrial, and transportation...
Cladding Systems Market worth $306.9 billion by 2026
The cladding systems market is projected to grow from USD 234.1 billion in 2021 to USD 306.9 billion by 2026, at a CAGR of 5.6% from 2021 to 2026. Cladding systems market is expected to grow in accordance to the growth of construction industry across the globe. Factors such as increase in the residential and commercial construction and infrastructure activities, along with the demand for durability...
Mounted Bearing Market: Overview and Regional Outlook Study
The global Mounted Bearing Market size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%.
The mounted bearing market is driven by the adoption of mounted bearings in numerous industries; increased efficiency and long life with fewer maintenance requirements of mounted bearing; growing demand for specialized bearings for cost optimization; and increasing...
Ultrafiltration Market Projected to Obtain USD 2,140.1 Million by 2023
The report “Ultrafiltration Market by Type (Polymeric, and Ceramic), Module (Hollow Fiber), Application (Municipal, And Industrial (Food & Beverage Processing, Chemical & Petrochemical Processing, Pharma Processing)), and Region – Global Forecast to 2023″, The ultrafiltration market is projected to grow from USD 1,064.0 million in 2018 to USD 2,140.1 million by...
IoT in Construction Market Worth USD 16.8 Billion by 2024
The report “IoT in Construction Market by Offering (Hardware, Software, Services), Project Type (Commercial, Residential), Application (Remote Operations, Safety Management, Fleet Management, Predictive Maintenance, Others), and Region – Global Forecast to 2024″, is projected to grow from USD 7.8 billion in 2019 to USD 16.8 billion by 2024, at a CAGR of 16.5% between 2019 and...
Fire Protection Materials Market Worth USD 4.0 Billion by 2024
The report “Fire Protection Materials Market for Construction by Type (Coatings, Sealants & Fillers, Mortar, Sheets/Boards, Spray, Preformed Device, Putty, Cast-in Devices), Application (Commercial, Industrial, and Residential) – Global Forecast to 2024″, is projected to reach USD 4.0 billion by 2024, at a CAGR of 8.5% from USD 2.7 Billion in 2019. The increased emphasis...
Earthen Plasters Market- Growing Due to Rising Demand for Green Buildings
The global earthen plasters market size is estimated to grow from USD 86 million in 2021 to USD 103 million by 2026, at a CAGR of 3.5% during the forecast period. The driving factors for the earthen plasters market is the advantages of clay plasters over other natural plasters, the growth in industrial, commercial & residential construction activities. Thus, this driving factor is boosting the...
Mohawk Industries (US) and Siam Cement Group (Thailand) are Leading Players in the Ceramic Tiles Market
The ceramic tiles market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period. Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth...