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
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 global perlite market is expected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (England), Amol Dicalite (India), and other players are the leading perlite manufacturers globally.
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 digitally printed wallpaper market is expected to grow from USD USD 2.9 in 2020 to USD 7.5 billion by 2025 at a compound annual growth rate (CAGR) of 21.1% during the forecast period.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 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.
The Ceramic Tiles Market is expected 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. Key players operating in the ceramic tiles market include Mohawk Industries (US), Siam Cement Group (Thailand), Grupo Lamosa (Mexico), RAK Ceramics (UAE), Kajaria Ceramics (India), Grupo Cedasa (Brazil), Ceramica Carmelo Fior (Brazil), Pamesa Ceramica (Spain), Grupo Fragnani (Brazil), and STN Ceramica (Spain). These players have adopted various growth strategies to expand their global presence and increase their market share.
The Point-of-Use Water Treatment Systems Market is expected to grow from USD 15.0 billion in 2020 to USD 23.4 billion by 2025, at a CAGR of 9.29% during the forecast period. Key players operating in the point-of-use water treatment systems market include Honeywell International (US), Pentair (UK), Panasonic Corporation (Japan), Unilever (UK), LG Electronics (South Korea), Coway (South Korea), BWT (Austria), Toray Industries (Japan), BRITA Group(Germany and US), and Alticor (US). These players have adopted various growth strategies to expand their global presence and increase their market share.
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 construction market size is expected to grow USD 11,496.7 billion, projecting a CAGR of 1.2% during the forecasting period. The key players in the construction industry include 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). These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the construction industry. These players have taken different organic and inorganic developmental strategies over the past five years.
The global modular construction market size is expected to grow USD 108.8 billion by 2025, at a CAGR of 5.75% during the forecasting period. Laing O’Rourke (UK), Red Sea Housing (Saud I Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Kleusberg GmbH (Germany), and Katerra (US) are the key players operating in the modular construction market. Contract, New Projects, and Agreements are some of the significant strategies adopted by these key players to enhance their positions in the modular construction market.
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 IoT in Construction Market is expected to grow from USD 7.8 billion in 2019 to USD 16.8 billion by 2024, 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 pipeline monitoring system market is expected to grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2024, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.Major players in the pipeline monitoring system market includes Siemens AG (Germany), Honeywell International Inc. (U.S.), BAE Systems (U.K), Perma Pipes(U.S), Transcanada ( Canada), PSI AG (Germany), Pure Technology (Canada), Orbcomm Inc. (U.S.), and Huawei (China).
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)
The façade systems market is estimated at USD 272.7 billion in 2018 and is projected to reach USD 397.2 billion by 2023, at a CAGR of 7.8%. Factors such as increasing residential & non-residential construction and infrastructural activities are expected to drive the façade systems market in developing countries of Asia-Pacific and the Middle East & Africa.Saint-Gobain (France), Nippon Sheet Glass (Japan), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (US), BASF (Germany), Sto SE & Co KGaA (Germany), Dryvit Systems Inc. (US), ParexGroup SA (France), Terraco Group (UK), Etex Group (Belgium), James Hardie Industries PLC (Ireland), Nichiha Corporation (Japan), Boral Limited (Australia), Louisiana Pacific Corporation (US), Kingspan PLC (UK), Georgia-Pacific LLC (US), Knauf (Germany), USG Corporation (US), SHERA (Thailand), Universal Cement Corporation (UCC) (Taiwan), and Vinh Tuong Industrial Corporation (Vietnam).
The pre-engineered buildings market is projected to grow from USD 14.5 billion in 2019 to reach USD 25.0 billion by 2024, at a CAGR of 11.5% from 2019. Factors such as the increasing demand for green buildings and need for reducing construction time and cost, along with the demand for lightweight building structure, drive the pre-engineered buildings market.BlueScope Steel (Australia), NCI Building Systems (US), Nucor Corporation (US), Kirby Building Systems (Kuwait), Zamil Steel Holding Company (Saudi Arabia), ATCO (Canada), Lindab Group (Sweden), PEBS Pennar (India), PEB Steel Buildings (Vietnam), and Everest Industries (India).
The glass curtain wall market is projected to grow from USD 44.5 billion in 2018, to reach USD 73.4 billion by 2023, at a CAGR of 10.5% from 2018 to 2023. The growth of this market is attributed to the rise in the need for energy-efficient façade systems and strict environmental regulations. In addition, the upward trend in the building & construction industry is projected to contribute to the growth of the glass curtain wall market during the forecast period.Saint-Gobain (France), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (US), Nippon Sheet Glass (US), AVIC Sanxin Co., Ltd (China), Schott AG (Germany), China Glass Holdings Limited (Hong Kong), Vitro (Mexico), and Xinyi Glass Holdings Limited (Hong Kong)
The cladding systems market is projected to grow from USD 224.4 billion in 2018 to USD 292.5 billion by 2023, at a CAGR of 5.44% from 2018 to 2023. Demand for cladding systems market can be credited to the high growth of 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 drives the demand for cladding systems.Compagnie de Saint-Gobain S.A. (France), DowDuPont (US), Tata Steel Limited (India), Arconic (US), Westlake Chemical (US), Etex Group (Belgium), James Hardie Industries PLC (Ireland)
The global construction plastics market is estimated to be USD 75.6 billion in 2018 and is projected to reach USD 105.7 billion by 2023, at a CAGR of 6.9%. The growth in consumption of lightweight materials, such as plastics is driving the demand for construction plastics. The low cost of plastics compared with other substitute materials is also a driving factor for the growth of the construction plastics market.
The concrete surface retarders market is projected to grow from USD 72.7 million in 2018 to USD 89.4 million by 2023, at a CAGR of 4.2% between 2018 and 2023. Increase in urban population, demand for green buildings, and growth in infrastructure and industrialization are the main growth drivers of the concrete surface retarders market. Other factors, such as increasing disposable income of people in developing countries and changing preferences of end-users for aesthetically appealing buildings also drive the market’s growth. The global concrete surface retarders market is dominated by players such as Sika (Switzerland), BASF (Germany), MAPEI (Italy), GCP Applied Technologies (US), CEMEX (Mexico), W. R. Meadows (US), The Euclid Chemical Company (US), RussTech (US), Fosroc (UAE), and Parchem Construction Supplies (Australia).
MarketsandMarkets projects that the exterior insulation and finish system (EIFS) market size will grow from USD 60.68 billion in 2018 to USD 108.11 billion by 2023, at a projected CAGR of 12.24%. 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 insulated concrete form market is estimated to be USD 1.11 billion in 2018 and is projected to reach USD 1.49 billion by 2023, at a CAGR of 5.95% from 2018 to 2023. The growth of the insulated concrete form market can be attributed to rapid urbanization, increase in demand for energy-efficient green buildings, favorable government regulations, and rise in the number of construction activities worldwide. Based on material, the expanded polystyrene foam segment is projected to lead the insulated concrete form market from 2018 to 2023. The polyurethane foam segment of the insulated concrete form market is projected to grow at the second-highest CAGR during the forecast period. Key players operating in the insulated concrete form market include NUDURA Corporation (Canada), Quad-Lock Building Systems (Canada), AMVIC (Canada), Fox Blocks (US), BASF (Germany), LOGIX Insulated Concrete Forms (UK), ConForm Global (US), KORE (Ireland), Polycrete International (Canada), LiteForm (US), Sunbloc (UK), Rastra (US), SuperForm Products (Denmark), Durisol (Australia), and Beco Products (UK).
MarketsandMarkets projects that the 3D concrete printing market will grow from USD 1.2 million in 2018 to USD 1,480.5 million by 2023, at a CAGR of 317.3%. Rapid urbanization and the demand for affordable housing and architectural flexibility drive the growth of the 3D concrete printing market. The building sector is projected to account for a larger share through 2023. The cost-effectiveness and time-saving characteristics of this technology have contributed toward its usage for developing buildings. Furthermore, its capability to develop complex building geometries, better safety, more precision, and generate less waste has resulted in the construction of complex building structures at an affordable rate. The key players operating in the 3D concrete printing market include Winsun (China), XtreeE (France), Monolite UK (UK), Apis Cor (Russia), CSP s.r.l. (Italy), CyBe Construction (Netherlands), and Sika (Switzerland). These players possess enhanced 3D concrete printing capabilities and focus on creating awareness about this dynamic technology. New projects, agreements, partnerships, joint ventures, and expansions are some of the major strategies adopted by key players operating in the 3D concrete printing market.
The GFRC market is estimated at USD 2.01 Billion in 2018 and is projected to reach USD 3.32 Billion by 2023, at a CAGR of 10.5% between 2018 and 2023. The growth of the GFRC market can be attributed to the increasing use of GFRC in construction activities, owing to its exceptional properties, such as aesthetic appeal, sound absorption, fire resistance, moisture resistance, and rapid construction. Key players operating in the GFRC market include Ultratech Cement Ltd. (India), Formglas Products Ltd. (Canada), Willis Construction Co., Inc. (US), Clark Pacific (US), Loveld (Belgium), Fibrex (UAE), Betofiber A.S. (Turkey), Nanjing Beilida New Material System Engineering Co., Ltd. (China), Stromberg Architectural (US), and BB Fiberbeton (Denmark). Key players operating in the GFRC market include Ultratech Cement Ltd. (India), Formglas Products Ltd. (Canada), Willis Construction Co., Inc. (US), Clark Pacific (US), Loveld (Belgium), Fibrex (UAE), Betofiber A.S. (Turkey), Nanjing Beilida New Material System Engineering Co., Ltd. (China), Stromberg Architectural (US), and BB Fiberbeton (Denmark).
MarketsandMarkets projects that the synthetic gypsum market size will grow from USD 1.42 Billion in 2018 to USD 1.80 Billion by 2023, at a CAGR of 4.82%. The synthetic gypsum market is expected to witness high growth as a result of the rapid urbanization, large-scale investments in the building & construction sector, the rising number of construction activities in emerging economies, and increasing demand from the construction sector.Factors such weak economic conditions in many European countries as the aftermath of the financial recession of 2008–2012, fluctuating costs of raw materials, and infrastructure in developing countries might restrict the growth of the market. The global synthetic gypsum market is dominated by players such as USG Corporation (US), Lafarge Holcim (Switzerland), Delta Gypsum (US), National Gypsum (US), Synthetic Materials LLC (US), Constantia Building Products (US), and KNAUF GIPS (Germany). The other players include American Gypsum (US), PABCO Gypsum (US), British Gypsum (Europe), Georgia-Pacific (US), FEECO international (US), and Gyptec Ibèrica (Portugal). These players adopted acquisitions, investments, joint ventures, and strategic alliance as the key growth strategies to expand their presence in the synthetic gypsum market.
MarketsandMarkets projects that the flooring market will grow from USD 339.29 Billion in 2018 to USD 447.74 Billion by 2023, at an estimated CAGR of 5.7%. Increase in renovation & remodeling activities, rapid urbanization, and increase in investments in the construction industry drive the growth of the flooring market. The residential segment is projected to account for a larger share through 2023. Growing focus toward interior decoration and comfort, coupled with rising disposable income of people are expected to drive the demand for flooring in the residential industry. The key players operating in the flooring market include Mohawk Industries (US), Shaw Industries (US), Tarkett (France), Armstrong Flooring (US), Forbo (Switzerland), Gerflor (France), Interface (US), Beaulieu International (Belgium), TOLI Corporation (Japan), and Milliken & Company (US). These players have an extensive product portfolio and a wide geographical presence. New product launches, expansions, investments, acquisitions, and partnerships are some of the major strategies adopted by key players operating in the flooring market.
The alumina trihydrate (ATH) market is projected to grow from USD 1.51 Billion in 2018 to USD 1.99 Billion by 2023, at a CAGR of 5.7% from 2018 to 2023. Alumina trihydrate, also known as aluminum trihydrate/aluminum hydroxide, is crystalline and a non-abrasive powder, which is obtained from bauxite using the Bayer process. One of the important properties of alumina trihydrate is that it is amphoteric in nature, thereby making it suitable for different applications. Alumina trihydrate is widely used as a flame retardant and a smoke suppressant. In addition, it is also used as a raw material to manufacture calcined alumina, Poly Aluminum Chloride (PAC), aluminum sulfate, sodium aluminate, aluminum nitrate, and alumina. Key players in the alumina trihydrate market include Albemarle Corporation (US), Nabaltec AG (Germany), Huber Engineered Materials (US), and LKAB Minerals AB (Sweden), among others.
The geocells market is projected to reach USD 588.9 Million by 2022, at a CAGR of 8.0% from 2017 to 2022. The growth of this market can be attributed to the rising use of geocells in emerging economies. In addition, increased cost savings achieved in road construction and maintenance activities are also anticipated to drive the growth of the geocells market.Key players in the geocells market include Strata Systems (US), PRS Geo-Technologies (UK), Presto Geosystems (US), Koninklijke Ten Cate B.V. (Netherlands), TMP Geosynthetics (China), Terram Geosynthetics-now part of Berry Plastics (UK), and BOSTD Geosynthetics Qingdao (China). These companies are expected to venture into new markets to widen their customer base and strengthen their market presence.
MarketsandMarkets projects that the precast concrete market size will grow from USD 104.03 Billion in 2017 to USD 138.96 Billion by 2022, at an estimated CAGR of 5.96%. The precast concrete market is expected to witness high growth as a result of the rising urbanization, large-scale investments in infrastructure & industrial sectors, and rising construction activities in emerging economies. Factors such as weak economic conditions in many European countries such as Spain, Greece, Romania, and the UK as the aftermath of the financial recession of 2007–2009 and skeptical mindset of people toward the quality of precast structures might restrict the growth of the market. The global precast concrete market is dominated by players such as Actividades de Construcción y Servicios (Spain), Bouygues Construction (France), Larsen & Toubro (India), Taisei (Japan), and Balfour Beatty (UK). Other players include Skanska (Sweden), CRH (UK), Cemex S.A.B.DE C.V. (Mexico), Laing O’Rourke (UK), and Julius Berger Nigeria (Nigeria). These players adopted various strategies such as contracts, collaborations, agreements, partnerships, and joint ventures to expand their presence in the precast concrete market.
MarketsandMarkets projects that the aluminum composite panels market size will grow from USD 6.29 Billion in 2017 to USD 8.79 Billion by 2022, at an estimated CAGR of 6.92%. Rise in building & construction activities, large-scale investments in infrastructure & industrial sectors, and rapid urbanization in developing economies is boosting the growth of the aluminum composite panels market. The building & construction segment is projected to have the largest market share and dominate the market from 2017 to 2022. Growth of the advertisement industry plays a key role in changing the market; this segment is projected to grow at the second-highest rate during the forecast period. The major players in the aluminum composite panels market in Asia Pacific include Yaret Industrial Group (China), Alumax Industrial (Taiwan), Shanghai Huayuan New Composite Materials (China), Changshu Kaidi Decoration Material (China), Guangzhou Xinghe ACP (China), Jyi Shyang Industrial (Taiwan), Mitsubishi Chemical (Japan), and Msenco Metal (China).
MarketsandMarkets projects that the soundproof curtains market size will grow from USD 1.65 Billion in 2017 to USD 2.38 Billion by 2022, at a CAGR of 7.7%. This market is witnessing considerable growth due to the rising number of health issues among people owing to noise pollution. Moreover, technological advancement in raw materials such as fiber glass, vinyl, and natural wool are the key factors driving the growth of the soundproof curtains market. Advanced products add value to the industry by providing a variety of soundproof curtain applications. The major players in the soundproof curtains market include Sound Seal (US), Lantal Textiles (Switzerland), Kinetics Noise Control (US), Amcraft Manufacturing (US), Great Lakes Textiles (US), Flexshield (Australia), Haining Duletai New Material (China), Acoustical Surfaces (US), eNoise Control (US), and HOFA-Akustik (Germany).
The construction additives market size is estimated to grow from USD 20.70 Billion in 2017 to USD 28.95 billion by 2022, at a CAGR of 6.94%. The market is projected to witness significant growth in the next few years with increasing demand for new constructions due to rapid urbanization and industrialization with large-scale investments in commercial and infrastructure sectors. The rising number of construction activities in emerging economies and the increasing inclination toward sustainable construction methods are increasing the reliance on modern construction techniques, thus creating growth opportunities for the construction additives market. The major players in the construction additives market include BASF (Germany), Sika (Switzerland), Dow (US), W.R. Grace (US), RPM International (US), CHRYSO (France), Evonik Industries (Germany), Mapei (Italy), Fosroc International (UK), and CICO Group (India).
MarketsandMarkets projects that the exterior wall systems market size will grow from USD 186.02 Billion in 2017 to USD 278.82 Billion by 2022, at a CAGR of 8.43%. This market is expected to witness considerable growth due to the growing awareness about environment-friendly façade systems and the increasing need for efficient building thermal management. Additionally, regulatory frameworks promote the use of exterior wall systems. The market has immense opportunities owing to the emergence of new technologies and the growing construction industry in emerging economies. The major players in the exterior wall systems market include Nippon Sheet Glass (Japan), Saint-Gobain (France), Asahi Glass (AGC) (Japan), Alcoa Corporation (US), PPG Industries (US), 3A Composites (Switzerland), Sika (Switzerland), Owens Corning (US), and Etex (Belgium).
The silicone structural glazing market size is estimated to grow from USD 26.91 Billion in 2016 to USD 43.95 Billion by 2022, at a CAGR of 8.90%. The base year considered for the study is 2016, and the market size is projected from 2017 to 2022. The major players in the silicone structural glazing market include Nippon Sheet Glass Co. Ltd. (Japan), Asahi Glass Co., Ltd (Japan), YKK Corporation (Japan), Central Glass Co., Ltd. (Japan), Xinyi Glass Holdings Limited (China), Shanghai Yaohua Pilkington Glass Group Co., Ltd. (China), Kibing Glass (China), and Taiwan Glass Ind. Corp. (China).
The roof coating market size is estimated to grow from USD 1.59 Billion in 2016 to USD 1.94 Billion by 2022. The market is projected to grow at a CAGR of 3.48% during the forecast period. The base year considered for the study is 2016, and the market size is projected from 2017 to 2022. The major players in the roof coating market include BASF SE (Germany), Akzo Nobel N.V. (Netherlands), RPM International Inc. (US), PPG Industries, Inc. (US), The Sherwin-Williams Company (US), Hempel A/S (Denmark), The Dow Chemical Company (US), Wacker Chemie AG (Germany), Sika AG (Switzerland), and Nippon Paint Holdings Co., Ltd (Japan).
The global carpets & rugs market was valued at USD 88.24 Billion in 2016, and is projected to reach USD 112.69 Billion by 2022, at a CAGR of 4.2%. The major players include Mohawk Industries, Inc. (U.S.), Shaw Industries Group (U.S.), Lowe’s Companies, Inc. (U.S.), Taekett S.A. (France), Home Depot, Inc. (U.S.), Interface, Inc. (U.S.), Dixie Group, Inc. (U.S.), Orientals Weavers Company for Carpets (Egypt), Tai Ping Carpets International Limited (China), and Victoria PLC (U.K.). Companies have adopted strategies such as acquisitions and expansions to cope with the increase in demand in the emerging markets.
MarketsandMarkets projects that the heavy construction equipment market size will grow from USD 129.11 Billion in 2016 to USD 180.66 Billion by 2021, at an estimated CAGR of 7.0%. The heavy construction equipment market is expected to witness high growth as a result of the rise in urbanization, large-scale investments in infrastructure & industrial sectors, and increase in construction activities in emerging economies. This report has been segmented on the basis of application, end-use sector, type, and region.
MarketsandMarkets projects that the plasterboard market size will grow from USD 18.07 Billion in 2016 to USD 23.85 Billion by 2021, at an estimated CAGR of 5.7% between 2016 and 2021. The plasterboard market is expected to witness high growth as a result of the recovery of the global economy, high growth in the Asia-Pacific region, and the emergence of environment-friendly construction techniques. Growth in modern retailing, rise in consumer income & employment, and increase in demand for new construction projects are some of the other factors influencing the growth of the plasterboard market.