Chemicals and Materials
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. ... Continue Reading
Water pump refers to the most dynamic mechanical devices with applications in various industries and households. The rapid growth of the urban population is creating pressure on the existing water infrastructure, which includes delivery of utility water and removal and treatment of wastewater. To overcome this situation, various governments in Asia and Africa are expected to increase their spending on irrigation and drinking water schemes. In 2011, in its Twelfth Five Year Plan, the Chinese government allocated $112 billi... Continue Reading
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 ... Continue Reading
The global metal finishing equipment market is growing, due to increasing need for wear resistant, durable and long lasting metal products, up surging demand from developing countries, and growth of automotive and steel industries. The growth of environment friendly electro less plating and consumers’ shift from traditional solvent borne technologies to newer technologies, ... Continue Reading
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 ... Continue Reading
The global cement and concrete additive market is witnessing growth, due to the rapid infrastructure development, increasing investment, and increasing urban population. The high growth in the global buildings and construction industry is supporting the growth of the global cement and concrete additive market. The huge investment for infrastructure projects in emerging economies such China, India, and Brazil are creating ample opportunities for the growth of global cement and concrete market during the forecast period. Am... Continue Reading
Some of the drivers behind the growing demand of global wood preservation chemical market include bounce back in residential construction activity, which in turn profits the several applications where wood preservatives are utilized, such as furniture, decking, and siding. Further advances are expected to be limited by the increasing utilization of non-wood materials in several key applications. For example, preservatives will be limited in siding, where the demand ... Continue Reading
The global autoclaved aerated concrete market is expected to attain a size of $4,005.9 million in 2017 and is forecasted to reach $5,721.4 million by 2023, registering a CAGR of 6.2% during 2018–2023. The major factors driving the market growth are increasing urbanization and industrialization along with growth in infrastructure sector and increasing focus on green and sound proof buildings. ... Continue Reading
Construction glass has become an alternative to most of the building materials, such as polycarbonate, brick, and wood. Construction glass is increasingly used as a building construction material, owing to key factors, such as it increases the influx of natural light in the building, safety, security and environmental sustainability. Furthermore, the advancement in manufacturing technology has made glass stronger than steel and lighter than cork, thus making it more economical viable in construction industry. Some of the ... Continue Reading
The global construction equipment market has witnessed slow growth in the last five years. In China, the sales of construction equipment have fallen from a peak of 430,000 units in 2011 to approximately 140,000 machines in 2015, and the same was observed in several other countries. The fall in sales was due to the slowing world economic growth and weak commodity prices. The factors driving the growth of the global market include continuous infrastructure ... Continue Reading
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. ... Continue Reading
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 ... Continue Reading
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. ... Continue Reading
