The development of sustainable building and construction materials is on rise since the past few years. Strict environmental regulations and policies causing increased attention towards development of environmental friendly materials in both manufact ....see more
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 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 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 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.
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),
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).
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 aluminum-extruded products market will grow from USD 34.48 Billion in 2016 to USD 47.61 Billion by 2021, at an estimated CAGR of 6.67%. The market for aluminum-extruded products is growing due to increase in demand from end-use industries such as construction, machinery & equipment, automotive, and mass transport. The growth of this market is fueled by the growth of its end-use industries.
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.
The market for roofing systems is projected to grow from USD 109.72 Billion in 2016 to USD 157.56 Billion by 2021, at an estimated CAGR of 3.06%. This growth is due to the growing construction activities, globally. Government regulations regarding zero energy building codes and green roofing also provide an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions.
The wooden decking market size is estimated to grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at a CAGR of 1.43%. It is projected to witness significant growth in the next few years with the increasing demand for new constructions all over the world due to rapid urbanization and industrialization.
The global fireproof insulation market was valued at USD 18.16 Billion in 2015, and is projected to reach USD 23.79 Billion by 2021, at a CAGR of 4.6% from 2016 to 2021. Stringent building codes in developed countries, greenhouse gas emission reduction, cost efficiency, strict regulatory environment, rebates and tax credits, and increased demand from new constructions are some of the factors that are expected to drive the growth of the fireproof insulation market during the forecast period.
The plastic decking market size is estimated to grow from USD 2.55 Billion in 2015 to USD 4.69 Billion by 2021, at a CAGR of 10.82%. The base year considered for the study is 2015 and the market size is projected from 2016 to 2021. The report aims at estimating the market size and future growth potential of the plastic decking market across different segments such as end-use, composite type, resin type, type of construction, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges).
The plumbing fixtures & fittings market size is estimated to grow from USD 74.72 Billion in 2015 to USD 102.07 Billion by 2021, at a CAGR of 5.45%. Factors such as increasing demand in Asia-Pacific due to rapid urbanization, building renovations due to disasters and upgradations, rising construction activities in emerging economies, and large-scale investment in industrial and infrastructure sectors are some of the drivers for the growth of the plumbing fixtures & fittings market.
The global roof insulation market was valued at USD 8.45 billion in 2015 and is projected to reach USD 10.85 billion by 2021, at a CAGR of 4.3% from 2016 to 2021. Greenhouse gas emission reduction, cost efficiency, strict regulatory environment, rebates and tax credits, increased demand from new constructions are some of the factors that are expected to drive the growth of the roof insulation market during the forecast period.
The global building panels market is estimated to be valued at USD 170.83 Billion in 2016 and is projected to reach USD 230.93 Billion by 2021, at a CAGR of 6.21% from 2016 to 2021. The building panels is transforming the construction industry by providing a less expensive process, and fast, accurate and affordable housing solutions. The report aims at estimating the market size and future growth potential of building panels market which is segmented on the basis of type, end use, material, application, and region.
The increasing demand for clean drinking water and increasing awareness about the importance of water treatment are some of the major factors driving the growth of the water treatment systems (PoE) industry. The water treatment systems (PoE) market is projected to reach USD 5.69 Billion by 2020, with a projected CAGR of 8.52%, from 2015 to 2020.
The market for the global dry construction industry has seen an extensive upward surge since 2009. The global dry construction market is projected to reach USD 79.08 Billion by 2020, with a CAGR of 5.3% during the forecast period, (2015 to 2020). After the economic slowdown, new constructions have come up in large numbers, the high requirements for fast implementation of construction site, and the inexpensive nature. The Asia-Pacific region accounted for around 33% of the total market share in terms of value, followed by the North American and European regions. However, as the dry construction market in developed countries is getting matured, the markets in developing countries such as China, Indonesia, and India are estimated to grow at a higher rate from 2015 to 2020. China is estimated to grow faster than any other country because of its high population along with new constructions coming up in the next five years.
The global door systems market is projected to reach USD 293.85 Billion by 2020, with a CAGR of 5.82% from 2015 and 2020. After the economic slowdown, high disposable incomes and changing lifestyles have led to the improvement in construction which stimulated the demand in the door industry. The Asia-Pacific region accounted for around 38% of the total market share in terms of value, followed by the European and North American regions. However, as the door systems market in developed countries is getting matured, the market in developing countries such as China and India are estimated to grow at a higher rate from 2015 to 2020. China is estimated to grow faster than any other country because of the strong economic growth in the country along with increase in buildings and high disposable income.
The global market for construction glass witnessed rapid growth from 2012, and is projected to grow at a CAGR of 7.08% during the review period, to reach $115.08 Billion by 2020. Asia-Pacific region dominated the construction glass market, with a share of 62% in 2013 and is projected to grow at the highest CAGR from 2015 to 2020, in terms of volume. The rising middle-class population of this region, with high disposable income, and demand for sustainable construction, are driving the growth of the construction glass market. Another factor is the densely populated areas of the region that require better infrastructure facilities.