The global construction industry is growing at a rapid pace since the past few years. Overall population growth coupled with fast growing economies such as China and India, increased per capita income in emerging economies, and lower unemployment rat ....see more
MarketsandMarkets projects that The market for exterior insulation and finish system is approximated to be USD 90.2 billion in 2022, and it is projected to reach USD 160.3 billion by 2028, at a CAGR of 10.1%. The EIFS market is expected to witness high growth as a result of the growing demand for thermal insulation in residential and non-residential construction and owing to the stringent regulations to reduce greenhouse gas emissions. The major players in the EIFS market include BASF (Germany), Saint-Gobain (France), Wacker Chemie AG (Germany), Sto SE & Co KGaA (Germany), Owen Corning (US), Dryvit Systems Inc. (US), Master Wall, Inc. (US), Parex USA, Inc. (US), and Rmax (US). Other players in this market include Durabond Products Limited (Canada), Durock Alfacinf International (Canada), Adex Systems (Canada), Omega Products International (US), and Terraco Group (UK).
The cross laminated timber market is expected to grow from USD 1.4 billion in 2023 to USD 2.6 billion by 2028, at a CAGR of 13.7% during the forecast period. Major players operating in the cross laminated timber include Mayr-Melnhof Holz (Austria), Stora Enso (Finland), Binderholz GmbH (Austria), Eugen Decker Holzindustrie KG (Germany), Hasslacher Holding GmbH (Austria), Schilliger Holz AG (Switzerland), KLH Massivholz GmbH (Austria), Structurlam Mass Timber Corporation (Canada), XLam NZ Limited (New Zealand), and others.
The ceramic tiles market is expected to grow from USD 227.9 billion in 2022 to USD 320.5 billion by 2027, at a CAGR of 7.1% during the forecast period. The Ceramic tiles Market comprises major players such as SCG Ceramics (Thailand), RAK Ceramics (UAE), Grupo Lamosa (Mexico), Mohawk Industries Inc. (US), and Kajaria Ceramics (India) and others are covered in the Ceramic tiles market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Ceramic tiles Market.
The fire protection system pipes market is expected to grow from USD 20.6 billion in 2022 to USD 28.5 billion by 2027, at a CAGR of 6.7% during the forecast period. Major Market Players covered in the report Johnson Controls (Ireland), Tata Steel (India), Simona AG(Germany), Astral Pipes (India), China Lesso (China), Octal Steel (China), Jindal Industries Pvt. Ltd. (India), Aquatherm (Germany), Zekelman Industries (US), TPMC Steel (China)
The steel rebar market is expected to grow from USD 224.5 billion in 2022 to USD 317.4 billion by 2030, at a CAGR of 4.4% during the forecast period. The Steel Rebar Market comprises major players such as Nippon Steel Corporation (Japan), ArcelorMittal (Luxembourg), Tata Steel Limited (India), Nucor Corporation (US), NLMK Group (Russia), Gerdau SA (Brazil), Commercial Metals Company (US), Steel Authority of India Limited (India), Mechel PAO (Russia), Steel Dynamics Inc. (US), and others are covered in the steel rebar market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the steel rebar market.
The copper clad laminates market is expected to grow from USD 16.4 billion in 2022 to USD 21.6 billion in 2027, at a CAGR of 5.7% during the forecast period. The major players are Kingboard Laminates Holdings Ltd. (China), Shengyi Technology Co., Ltd (China), Nan Ya Plastics Corporation (Taiwan), Panasonic Holdings Corporation (Japan), Taiwan Union Technology Corporation (Taiwan) and others are covered in the Copper clad laminate market. Expansion, mergers, joint ventures, and the development of novel products are the primary strategies employed by the leading players to build the Copper clad laminate market.
The facade systems market is expected to grow from USD 316.0 billion in 2022 to USD 469.0 billion by 2027, at a CAGR of 8.2% during the forecast period. The Facade Systems Market comprises major players such as AGC Inc. (Japan), Sto SE & Co KGaA (Germany), Saint Gobain (France), Central Glass Co., Ltd.(Japan), Nippon Sheet Glass Company Limited (Japan), Kingspan Group plc (Ireland), Etex Group (Belgium), Louisiana-Pacific Corporation (US), Nichiha Corporation (Japan), Knauf (Germany), and others are covered in the facade systems market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the facade systems market.
The modular construction market is expected to grow from USD 91.0 billion in 2022 to USD 120.4 billion by 2027, at a CAGR of 5.7% during the forecast period. The global modular construction market comprises major manufacturers, such as Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Algeco Scotsman (UK), and Kleusberg GmbH (Germany).
The plywood market is expected to grow from USD 54.2 billion in 2022 to USD 73.3 billion by 2027, at a CAGR of 6.2% during the forecast period. Major players operating in the plywood include Georgia Pacific LLC (US), Boise Cascade Company (US), Weyerhaeuser Company Ltd (US), UPM-Kymmene Oyj (Finland), Sveza Forest Ltd (Russia), PotlatchDeltic Corporation (US), Greenply Industries Ltd (India), Century Plyboards India Ltd. (India), Austral Plywoods (Australia), and others.
The water storage systems market is expected to grow from USD 16.5 billion in 2022 to USD 25.1 billion by 2027, at a CAGR of 8.7% during the forecast period. Major players operating in the water storage systems include CST Industries Inc. (US), ZCL Composites Inc. (Canada), Synalloy Corporation (US), AG Growth International Inc. (Canada), McDermott International Inc. (US), BH Tank (US), Fiber Technology Corporation (US), Caldwell Tanks (US), Containment Solutions Inc. (US), and Maguire Iron Inc. (US).
The digitally printed wallpaper market is expected to grow from USD 4.7 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 22.4% during the forecast period. Key companies such A.S. Création Tapeten AG (Germany), Muraspec Group (UK), Tapetenfabrik Gebr. Rasch GmbH & Co. KG (Germany), MX Display (UK), 4Walls (US) Flavor Paper (US), The Printed Wallpaper Company (UK), Hollywood Monster (UK), and Great Wall Custom Coverings (US) and among others.
The precast concrete market is expected to grow from USD 144.6 billion in 2022 to USD 198.9 billion by 2027, at a CAGR of 6.6% during the forecast period. Cemex S.A.B de C.V. (Mexico), Boral Limited (Australia), LafargeHolcim Ltd. (Switzerland), Balfour Beatty plc (UK), CRH Plc (UK), Skanska AB (Sweden), Forterra, Inc. (US), DeVinci Precast (US), Atco Concrete Products N.V. (Netherlands), Beaver Gulf Precast Concrete (Dubai), are the key players operating in the precast concrete market. Acquisitions, expansions, contracts, agreements & partnerships, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the precast concrete market.
The ceiling tiles market is expected to grow from USD 8.4 billion in 2022 to USD 11.7 billion by 2027, at a CAGR of 6.8% during the forecast period. PPG Industries, Inc. (US), Axalta Coating Systems, Ltd. (US), BASF SE (Germany), The Sherwin Willaims Company (US), Nippon Paint Holdings Co., Ltd. (Japan), Tatung Fine Chemicals Co., Ltd (Taiwan), KCC Corporation (South Korea), Kansai Paint Co., Ltd (Japan), B.L.Downey Company LLC (US), Hawking Electrotechnology Ltd (England), Therma-Tronx-X, Inc. (US), and Parker Trutec, Inc (US).
The floor grinding tools market is expected to grow from USD 124 million in 2022 to USD 155 million by 2027, at a CAGR of 4.5% during the forecast period. The floor grinding tools market comprises major solution providers, Husqvarna Group (Sweden), Tyrolit Group (Austria) Diamag (Netherlands), Klindex (Italy), Shenzhen Idimas Holding Co., Ltd. (China), SASE Company, LLC (US), Balstrac (US), Scanmaskin Sverige AB (Sweden), DRS Floor (Germany), Superabrasive Inc. (US) and Linax Co. Ltd (China) among others. The study includes an in-depth competitive analysis of these key players in the floor grinding tools market, with their company profiles, and key market strategies.
The global hygroscopic building material market is expected to grow from USD 818 million in 2022 to USD 1,120 million by 2027, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players Porocel Corporation (US), W.R. Grace (US), Clariant (Switzerland), BASF SE (Germany), Arkema SA (France), Honeywell International (UK), Jalon Chemicals (China), Hengye Inc (US), Dessica Chemicals (India), and Fuji Silysia Chemical Ltd. (Japan).
The global floor grinding machines market is expected to grow from USD 303 million in 2022 to USD 356 million by 2027, at a compound annual growth rate (CAGR) of 3.3% during the forecast period.The key players Husqvarna Group (Sweden), Achilli S.R.L (Italy), WerkMaster Grinders & Sanders Inc. (Canada), SASE Company, LLC (US), Klindex S.R.L(Italy), Linax Co., Ltd. (Japan), Terrco, Inc. (US), ASL Machines USA (US), Substrate Technology, Inc. (US) and Shanghai Tuomei Machinery Auto Equipment Co., Ltd. (China)
The cladding systems market is projected to reach USD 306.9 billion by 2026, at a CAGR of 5.6% during the forecast period. Compagnie de Saint-Gobain S.A. (France), DowDuPont (US), Tata Steel Limited (India), Arconic (US), Westlake Chemicals (US), Etex Group (Belgium), James Hardie Industries PLC (Ireland), CSR Limited (Australia), Nichiha Corporation (Japan), Boral Limited (Australia), Cembrit Holding A/S (Denmark), Louisiana Pacific Corporation (US), and Kingspan PLC (UK) are key players operating in the cladding systems market. Expansions, acquisitions, investments, and new product developments are some of the major strategies adopted by these key players to enhance their position in the cladding systems market.
The global Insulation products market size is projected to reach USD 71.7 billion by 2026, at a CAGR of 5.4% during the forecast period. Covestro AG (Germany), Owens Corning Corp. (US), Rockwool International A/S (Denmark), Saint-Gobain ISOVER (France), Knauf Insulation (US), Huntsman Corporation (US), Armacell International S.A. (Luxembourg), Johns Manville Corporation (US), Kingspan Group (Ireland), Soprema Group (France), Cellofoam International GmbH (Germany), Recticel NV/SA (Belgium), China Jushi Co. Ltd. (China), and Rogers Corporation (US) are the key players in the market.
The point-of-use water treatment systems market is expected to grow from USD 16.2 billion in 2021 to USD 25.3 billion by 2026, at a CAGR of 9.3% during the forecast period. Pentair PLC (UK), Honeywell International (US), Panasonic Corporation (Japan), Unilever PLC (UK), LG Electronics (South Korea), Coway Co. Ltd. (South Korea), Best Water Technology AG (Austria), Toray Industries (Japan), amongst others, are the key players operating in the point-of-use water treatment systems market. Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the point-of-use water treatment systems market.
The global elevators and escalators market is expected to grow from USD 134.4 billion in 2021 to USD 183.2 billion by 2026, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The key players Schindler Group (Switzerland), Otis Elevator (US), Thyssenkrupp AG (Germany), KONE Corporation (Finland), and Hitachi Ltd. (Japan)
The global modular flooring market is expected to grow from USD 54.6 billion in 2021 to USD 72.5 billion by 2026, at a compound annual growth rate (CAGR) of 5.8% during the forecast period.The major players Mohawk Industries (US), Shaw Industries (US), Tarkett (France), Armstrong Flooring (US), Forbo (Switzerland), Gerflor (France), Interface (US), Beaulieu International (Belgium), TOLI Corporation (Japan)
The global energy-efficient windows market size is expected to reach USD 18.3 billion by 2026, at a CAGR of 7.0% during the forecast period. The key players in the energy-efficient windows market are YKK AP, Inc. (Japan), Jeld-Wen Holding, Inc. (U.S.), and Builders FirstSource, Inc. (U.S.) are some of the key players in the energy-efficient windows market. Deceuninck NV, PGT, Inc., and Apogee Enterprises Inc. are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the energy-efficient windows market. These players have taken different organic and inorganic developmental strategies over the past five years.
The global pipeline monitoring system market size is projected to reach USD 19.2 billion by 2026, at a CAGR of 7.8% during the forecast period. Siemens AG (US), Honeywell International Inc. (US), Huawei Technologies Co. Ltd. (China), BAE Systems (UK), and TransCanada PipeLines Limited (Canada), amongst others, are the key players operating in the pipeline monitoring system market.
The global construction & demolition waste market size is projected to reach USD 34.4 billion by 2026, at a CAGR of 5.3% during the projected period. Construction & demolition waste is a diversified and competitive market with a large number of global players and few regional and local players. Waste Management (US). SUEZ ( France), Veolia (France), Axens (France), Republic Services (US), Clean Harbors Inc. (US). These are some of the key players in the market.
The global construction market is expected to grow from USD 10,741.2 billion in 2020 to USD 13,572.4 billion in 2024, at a compound annual growth rate (CAGR) of 6.0% during the forecast period.Bechtel Group (US), Balfour Beatty (UK), Grupo ACS (Spain), China State Construction Engineering Corporation Limited (China), L&T Construction (India), PCL Construction Enterprises (Canada), and Skanska Construction (Sweden).
The Earthen Plasters Market is expected to grow from USD 86 million in 2021 to USD 103 million by 2026, at a CAGR of 3.5% during the forecast period. American Clay Enterprises LLC (US), Clayworks (India), Claytech Baustoffe Aus Lehm (UK), Conluto (Germany) and Clay.lt (Lithuania) are the leading earthen plasters manufacturers, globally.
The fire stopping materials market is expected to grow from USD 1.4 billion in 2021 to USD 2.4 billion by 2026, at a compound annual growth rate (CAGR) of 11.6% during the forecast period.Hilti Corporation (Liechtenstein), 3M (US), Etex Group (Belgium), Knauf Insulation (US), Specified Technologies Inc (US), Sika AG(Switzerland), RectorSeal Corporation (US), BASF SE(Germany), RPM International Inc.(US), Morgan Advanced Materials (UK), Rolf Kuhn GmbH (Germany), Tenmat Ltd. (UK), Encon Insulation Ltd. (UK), Fischerwerke GmbH & Co. KG (Germany), Saint-Gobain Group (France), Rockwool International AS (UK), Supremex Equipments (India), Walraven (The Netherlands), Everkem Diversified Products (US), Abesco Fire Ltd. (UK), Lloyd Insulations (India), Den Braven (The Netherlands), HoldRite (US), Unique fire stop products Inc. (US), and Fire Seals Direct (UK).
The global exterior wall systems market is expected to grow from USD 139.6 billion in 2021 to USD 199.3 billion by 2026, at a compound annual growth rate (CAGR) of 7.4% during the forecast period.Etex Group (Belgium), SCG (Thailand), Alcoa Corporation (US), 3A Composites(Switzerland), Avient Corporation (US), Louisiana-Pacific Corporation (US), Nichiha Corporation (Japan), CSR Limited (Australia), CRH (Ireland), Cornerstone Building Brands (US),
The global crash barrier systems market is expected to grow from USD 7.6 billion in 2021 to USD 9.0 billion by 2026, at a compound annual growth rate (CAGR) of 3.3% during the forecast period.Tata steel Europe (UK), NV Bekaert S.A. (Belgium), Valmont Industries, Inc. (UK), Trinity Industries Inc (US), and Nucor Corporation (US). are the leading crash barrier systems manufacturers, globally.
Alumina Trihydrate Market is expected to grow from USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.Sumitomo Chemical Company, Limited (Japan), Hindalco Industries Limited (India), Aluminum Corporation of China Limited (China),Nabaltec AG (Germany), and Huber Engineered Materials (US)
The global doors market is expected to grow from USD 90.6 billion in 2020 to USD 118.2 billion by 2025, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.include Assa Abloy (Sweden), Droma Kaba (Switzerland), (Ireland), Masonite (US), Andersen Corporation (US), Simpson Door Company (US), Jeld-Wen, Inc. (US), PGT (US), Fancy Doors & Mouldings (Canada), Cornerstone Building Brands (US), ARCAT (US), Lacantina Doors (US), Boon Edam (Netherlands), Pella Corporation (US), The Lyon & Billard Lumber Co. (US), Atrium (US), Fenesta (India), Corinthian Doors (Australia), Hormann (Germany), MI Windows and Doors, LLC (US), Novoferm Gmbh (Germany), Marvin (US), Viwintech Window & Door Inc. (US), Therma-Tru Corp. (US), and OCM Industrial Doors (Italy)
The polished concrete market is expected to grow from USD 2.2 billion in 2020 to USD 3.0 billion by 2025 at a compound annual growth rate (CAGR) of 5.6% during the forecast period.BASF SE (Germany), 3M Company (US), Sika AG (Switzerland), The Sherwin Williams Company (US), PPG Industries, Inc. (US), UltraTech Cement Limited (India), and Boral Limited (Australia)
The Perlite market size is expected to reach USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period. Perlite is a diversified and competitive market with a large number of global players and few regional and local players. Imerys Minerals (UK), Keltech Energies Ltd. (India),Dupré Minerals (England), Amol Minechem (India) are some of the key players in the market.
The global decorative concrete market is expected to grow from USD 15.4 billion in 2020 to USD 20.5 billion by 2025, at a compound annual growth rate (CAGR) of 5.9% during the forecast period.CEMEX, S.A.B. de C.V. (Mexico), DuPont (US), HeidelbergCement AG (Germany), BASF SE (Germany), 3M Company (US), Sika AG (Switzerland), RPM International Inc. (US), The Sherwin Williams Company (US), PPG Industries, Inc. (US),
The road marking materials market is expected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025 at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The Sherwin-Williams Company (US), Ennis-Flint, Inc. (US), SWARCO AG (Austria), Geveko Markings (Denmark), SealMaster (US), 3M (US), Aximum (France), Rembrandtin Lack GmbH Nfg. KG (Austria), Crown Technology, LLC (US), Basler Lacke (Switzerland), and Ozark Materials, LLC (US) are the key players in road marking materials market.
The structural insulated panels market is expected to grow from USD 405 million in 2020 to USD 517 million by 2025 at a compound annual growth rate (CAGR) of 5.0% during the forecast period.Owens Corning (US), Kingspan Group (Ireland), PFB Corporation (Canada), Alubel SpA (Italy), Enercept, Inc. (US), and Extreme Panel Technologies, Inc. (US) are the key players operating in the structural insulated panels market. Acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the structural insulated panels market.
In 2020, the marble market is expected to grow USD 16 billion by 2025, at a CAGR of 3.6% during the forecasting period. Key market players covered in this report includes Levantina y Asociados de Minerales, S.A. (Spain), Temmer Marble (Turkey), Hellenic Granite Company (Greece), Fox Marble Holdings plc (UK), California Crafted Marble, Inc. (US), Topalidis S.A. (Greece), Dimpomar - Rochas Portuguesas Lda (Portugal), Polycor Inc. (Canada), Asian Granito India Limited (India), NAMCO CO. srl (Italy), Dal-Tile Corporation (US), Kangli Stone Group (China), Hilltop Granites (India), First Marble & Granite (Qatar), Santucci Group (Italy), Classic Marble Company (India), and DELTA Marble, Mining, Construction Import and Export Inc. (Turkey) among others.
The global fiber cement market size is projected to grow from USD 16.4 billion in 2020 to USD 20.3 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The demand for fiber cement can be attributed to the increase in demand for fiber cement products for construction activities, with the rise in government regulations on use of asbestos, across the globe. Factors such as high demand contractors for environmentally friendly & sustainable construction products across the world are driving the demand for fiber cement products.
The Autoclaved Aerated Concrete (AAC) Market is expected to grow from USD 18.8 billion in 2020 to USD 25.2 billion by 2025, at a CAGR of 6.0% during the forecast period. Major players operating in the global AAC market include Buildmate Projects Pvt. Ltd. (India), Biltech Building Elements Limited (India), AKG Gazbeton (Turkey), Aercon Florida Llc (US), Solbet Sp Z.O.O. (Poland), UAL Industries Ltd (India), H+H International A/S (Denmark), JK Lakshmi Cement (India), Xella Group (Germany), CSR Ltd. (Australia), UltraTech Cement Ltd. (India), Quinn Building Products (UK), Bauroc International AS (Estonia), and Wehrhahn GmbH (Germany).
The global IoT in construction market size is projected to grow from USD 12,364.7 million in 2022 to USD 26,534.7 million by 2027, at a CAGR of 16.5% during the forecast period. Key players operating in the IoT in construction market are Caterpillar Inc. (US), Oracle Corporation (US), Hitachi Ltd. (Japan), CalAmp Corp. (US), Sigfox (France), and Autodesk Inc. (US).
The stucco market is expected to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.Key players such as Sika AG (Switzerland) and The Quikrete Companies (US) adopted acquisitions and new product developments to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the stucco market.
The industrial floor coating market is expected to grow from USD 5.5 billion in 2019 to USD 6.8 billion by 2024, at a compound annual growth rate (CAGR) of 4.6% during the forecast period.Key players, such as PPG Industries, Inc. (US), AkzoNobel N.V. (The Netherlands), The Sherwin-Williams Company (US), BASF SE (Germany), and RPM International Inc. (US), have adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the industrial floor coating market.
The technical insulation market size is expected to grow USD 9.2 billion by 2024, at a CAGR of 4.0%, during the forecast period. Major players operating in the technical insulation market include Zotefoams Plc (UK), Owens Corning (US), Kingspan Group Plc (Ireland), ETEX Group SA (Belgium), Rockwool International A/S (Denmark), Recticel NV/SA (Belgium), Morgan Advanced Materials plc (UK), Armacell International S.A. (Luxembourg), Aspen Aerogels, Inc. (US), Knauf Insulation (Germany), L’ISOLANTE K-FLEX S.P.A. (Italy), Johns Manville (US), Saint-Gobain ISOVER (France), NMC SA (Belgium), Palziv Inc. (Israel), Unifrax I LLC (US), Durkee (Wuhan) Insulation Material Co., Ltd. (China), Huamei Energy-Saving Technology Group Co., Ltd. (China), Wincell Insulation Material Co., Ltd (China), and INTEREP SAS (France).
The rainscreen cladding market is expected to grow USD 14.3 billion by 2024, at a CAGR of 7.1% during the forecasting period. Kingspan Insulation (UK), Sika (Switzerland), Rockwool International A/S (Denmark), Everest Industries Limited (Denmark), and Sotech Architectural Facade (UK) are key players operating in the rainscreen cladding market. Expansions, acquisitions, partnerships, and new product developments are some of the significant strategies adopted by these key players to enhance their position in the rainscreen cladding market.
The Translucent Concrete Market is expected to grow from USD 875 thousand in 2019 to USD 16,534 thousand by 2024, at a CAGR of 80.0% during the forecast period. Litracon Ltd (Hungary), LUCEM GmbH (Germany), Dupont Lightstone (Denmark), CRE Panel GmbH (Austria), LCT GesmbH (Austria), Italcementi SpA (Italy), Pan-United Corporation Ltd (Singapore), Beton Broz (Czech Republic), Glass block technology limited (UK), and Florack Bauunternehmung GmBH (Germany) were some of the key players in the global Translucent concrete market. These players have adopted various organic and inorganic developmental strategies over the past five years.
The construction equipment rental market is expected to grow from USD 98.6 billion in 2019 to USD 121.6 billion by 2024, at a compound annual growth rate (CAGR) of 4.3% during the forecast period. Key players in the construction equipment rental market, such as United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan), and Kanamoto Co. Ltd. (Japan), among others, are considered for the study.
The 3D printing construction market is expected to grow from USD 3 million in 2019 to USD 1,575 million by 2024, at a compound annual growth rate (CAGR) of 245.9 % during the forecast period.Some of the prominent players in the 3D printing construction market are Yingchuang Building Technique (China), XtreeE (France), Apis Cor (Russia), Monolite UK (UK), CSP s.r.l. (Italy), CyBe Construction (Netherlands), Sika (Switzerland), MX3D (Netherlands), Cazza Construction Technologies (California), and ICON (Texas). The strategies undertaken by these players include partnerships, joint venture, new project, expansion, and investment.
The Ultra-high Performance Concrete Market is expected to grow from USD 369 million in 2019 to USD 550 million by 2024, at a CAGR of 1.9% during the forecast period. Some of the key players operating in the UHPC market are LafargeHolcim (Switzerland), ACC Limited (India), Sika AG (Switzerland), Vicat (France), U.S. Concrete (US), CEMEX (Mexico), TAKTL (US), and Gulf precast concrete (Abu Dhabi). Mergers & acquisitions, expansions, investments, partnerships, and agreements are some of the major strategies adopted by these key players to enhance their position in the ultra-high performance concrete market.
The luxury vinyl tiles (LVT) flooring market is expected to grow from USD 18.0 billion in 2019 to USD 31.4 billion by 2024, at a compound annual growth rate (CAGR) of 11.7% during the forecast period.Mohawk Industries (US), Tarkett (France), Forbo (Switzerland), Shaw Industries, Inc. (US), and Interface (US) are the key players operating in the LVT flooring market. Expansions, acquisitions, partnership, and new product developments are some of the major strategies adopted by these key players to enhance their position in the LVT flooring market.
The siding market is projected to grow from USD 72.9 billion in 2019 to USD 93.4 billion by 2024, at a CAGR of 5.0% from 2019 to 2024. Demand for siding market can be credited to the high growth of the construction industry across the globe. Factors such as increasing residential and non-residential construction and infrastructure activities, its high durability, and ability to enhance the aesthetic appearance of the buildings drive the demand for siding.such as Louisiana Pacific Corporation (US), James Hardie Industries PLC (Ireland), Boral Limited (Australia), Nichiha Corporation (Japan), and Etex Group (Belgium)