The global construction equipment market stood at ~$175.9 billion in 2020. The rapid urbanization leading to the increasing demand for housing and rising investments in infrastructure development across the globe are expected to propel the growth of the construction equipment market.
The global autoclaved aerated concrete (AAC) market was valued at $4,498.5 million in 2019, and is expected to witness a CAGR of 6.0% during the forecast period (2020–2030).
The global net zero energy buildings (NZEB) market stood at $896.6 million in 2018, and it is expected to reach $2,106.6 million by 2024, demonstrating a CAGR of 15.6% during the forecast period (2019–2024).
The global pre-insulated pipes market is projected to reach $9,597.4 million by 2024 from a value of $5,568.5 million in 2018, demonstrating a CAGR of 9.7% during the forecast period.
Wood-preserving chemicals increase the operational life of logs, timber structures, and timber-engineered structures. These chemicals increase the resistance of timber against insects and fungi and enhance the durability of logs.
The prominent market trends identified in the global cement and concrete additive market include shifting of population from rural to urban areas, growth in construction activities, and increasing expenditure on research activities for development of improved construction chemicals.
Major trend being witnessed in the global construction aggregate market is the increased investments for boosting the capacity of aggregates. With the onset in construction projects across different countries across the world, the companies engaged in the production of aggregates are looking into expanding their production capacity.
The global liquid and air filter bags market was valued at $4,220.2 million in 2017 and is projected to reach $6,144.9 million by 2023, witnessing a CAGR of 6.5% during the forecast period. The market growth is driven by stringent government regulations as well as increased environmental standards regarding water and air pollution and growing disposable income of consumers.
The global self-levelling concrete market is estimated to account for $5,000.3 million in 2017 and is projected to witness a CAGR of 5.1% during the forecast period. Self-levelling concrete, also known as self-levelling product, is widely used in commercial and residential constructions to level out and smoothen the entire floor area.
The growth of construction industry in a country is measured by the growth in transportation infrastructure (rail, roads, airports, and ports), urban infrastructure (mass rail transit system, water supply and sanitation, and urban housing) and rural infrastructure (rural roads, irrigation, and rural housing). The large investment in urban and rural infrastructures such as highway networks, residential buildings, commercial buildings and airports, mainly in
The global centrifugal water pump market was valued at $26,649.2 million in 2015 and is expected to grow at a CAGR of 4.5% during 2016 – 2022, to reach $36,204.2 million by 2022. The market will be growing at a significant rate due to the increasing level of urbanization, rapid industrialization in developing economies, growing water scarcity and growing construction industry and increasing disposable income.
The global construction glass market stood at $81.9 billion in 2015, and it is expected to demonstrate a CAGR of 7.6% during the forecast period (2016–2022).
In 2015, the global water pump market was estimated at a value of $42,435.1 million, and it is expected to demonstrate a CAGR of 5.9% during the forecast period 2016-2022.
The increasing urbanization, demographic changes, and growing concern for safety are the key growth drivers for the global elevators and escalators market. The booming construction industry is providing growth opportunities for the market during the forecast period. The maintenance and modernization segment in the global elevators and escalators market is also expected to
The global fencing market is up surging at a significant rate, due to growing economies and middle class population, rising demand for security and safety, increasing consumer’s interest in home improvement and home décor, and expanding housing constructions or rebound in housing completions. The introduction of innovative and
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