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September 2020
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The global Precast Concrete Market size is expected to gain momentum and touch USD 162.72 billion by 2027 on account of the increasing urbanization and a rise in the number of construction activities worldwide. Precast concretes mean mold in the reusable form which can be used to provide a superior level of resistance to insects and mold, or natural disasters, or in case of fires. Unlike other building material, precast concrete is resistant to termites, requires low maintenance, and meager insurance costs. As per a report by Fortune Business Insights, titled, “Precast Concrete Market Size, Share & Industry Analysis, By Product Type (Building Components, Transportation, Water & Waste Handling, and Others), By End-Use (Residential, and Non-Residential), and Regional Forecast, 2020-2027,” the market value was USD 115.98 billion in 2019. The forecast period is between 2020 and 2027, and the market is likely to exhibit a CAGR of 4.4%.
Drivers & Restraints- Increasing Demand for Commercial and Residential Spaces to Propel Growth Increasing population, growing industries and businesses, and the rising need for residential and commercial spaces are the key factors promoting the precast concrete market growth. In addition to this, rapid urbanization and industrialization have propelled the demand for construction activities. This has led to a rise in the expenditure for construction activities, thereby augmenting growth. On the contrary, certain drawbacks may pull down this market in the future. These include the environmental and health concerns concerning cement manufacturing. It is believed that cement production releases many gases such as sulfur dioxide, carbon monoxide, and nitrogen oxide into the atmosphere. This may result in numerous environmental impacts such as global warming, depletion in the quality of water, and acid rain, among others. Besides this, there are several health issues such as visual impairment, asthma, and various cardiovascular diseases that may cause hindrance to the overall market in the coming years. Segment: Building Components Segment Earned Major Share Attributed to Utilization in Construction Projects Based on segmentation by product type, the building components segment gained the largest precast concrete market share. Growth of this segment is attributable to the increasing demand for cost-efficient quality houses at affordable prices that propelled a rise in the number of construction projects. Browse Complete Research Report Summary: https://www.fortunebusinessinsights.com/precast-concrete-market-103301 Some of the Key Players of the Market for Precast Concrete include:
Asia Pacific to Emerge Dominant on Account of Rising Investments in Infrastructural Development Geographically, Asia Pacific earned a revenue of USD 46.97 billion in the year 2019 and received the largest precast concrete market share. This is attributable to the increasing investments on infrastructural development by emerging nations such as India, China, and Japan in the forecast duration that will propel the demand for precast concrete in the regional market. Europe ranks second on account of the increasing use of precast concrete products for commercial and industrial construction projects.
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Heat Transfer Fluids Market Growth Overview, Size, Industry Share and Growth Forecast to 20269/18/2020
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The global rainscreen cladding market share and size is projected to reach USD 17,179.1 million by 2027, exhibiting a CAGR of 7.3% during the forecast period. Booming growth in the global construction industry will drive the progress of this market, finds Fortune Business Insights™ in its new report, titled “Rainscreen Cladding Market Size, Share & Industry Analysis, By Material (Composite Material, Metal, Terracotta, Fiber Cement, High Pressure Laminate, and Others), By End-Use (Commercial, Residential, Institutional, and Industrial), and Regional Forecast, 2020-2027”. A recent research study released by Oxford Economics and Global Construction Perspectives stated that global construction output value will reach USD 15.5 trillion by 2030, surging at a prolific 85% from current levels with the average year-on-year growth standing at 3.9%. According to the study, China, India, and the US will account for 57% of this rise, thereby driving the growth of the construction industry worldwide. Rainscreen claddings are vital components in a building as these materials provide a tough shield for the building’s exterior, protecting the inner layers from harsh weather agents and anomalies such as storms. Thus, expansion of construction activities across the globe will augur well for the growth of this market in the forthcoming years.
Regional Analysis Europe to Offer Lucrative Prospects; North America to Grow Substantially With a market size standing at USD 4,424.8 million in 2019, Europe is anticipated to dominate the rainscreen cladding market share in the coming years owing to promising progress in the construction activities for industrial and residential purposes. Furthermore, credit infrastructure in the region is strong and is supportive to the construction industry, which is ensuring the stability of this market in Europe. The market growth in North America is expected to considerable on account of governmental support to commercial and infrastructure projects and schemes. On the other hand, in Asia-Pacific, the market outlook is optimistic owing to the heavy investments being made into the construction sector by governments and private entities in the region. Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/rainscreen-cladding-market-102809 Competitive Landscape List of Key Companies Covered in this Market Report:
Key players in this market are breaching established frontiers of innovation and creating products that align with the present need of boosting energy-efficiency of buildings in urban areas. Launch of advanced and sustainable solutions is aiding these companies to cement their position in the market and gain a decisive edge against other competitors.
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The global Silt Curtain Market size is projected to reach USD 10,271.8 Thousand by the end of 2027. Increasing demand for the product owing to widespread applications will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Silt Curtain Market Size, Share & Industry Analysis, By Type (Type I, Type II, and Type III), and By Application (Erosion Control, and Construction), and Regional Forecast, 2020-2027,” the market was worth USD 7,765.7 Thousand in 2019 and will exhibit a CAGR of 3.8% during the forecast period, 2020-2027.
List of Top Companies Profiled in Silt Curtain Market Research Report are:
Moreover, the efforts taken to minimize soil erosion will emerge in favor of the companies operating in the market. The massive investment in the development of efficient products will aid the growth of the overall market in the coming years. Browse Summary of This Research Insights with Detailed TOC: https://www.fortunebusinessinsights.com/silt-curtain-market-102808 Increasing Construction Activities Will Provide Impetus to Market Growth The report encompasses several factors that have contributed to the growth of the market in recent years. It also discusses the impact on these factors on the growth of the market from a global perspective. The growth of the construction industry is attributable to factors such as technological advances in devices used, ease of availability of resources, and increasing investments. The increasing building and construction activities have led to a wide product adoption and subsequently high demand for silt curtains across the world. Applications of these products across diverse industry verticals have emerged in favor of the companies operating in the market. Moreover, the increasing demand for oil and gas resources, coupled with the rise in offshore as well as onshore drilling activities will have a positive impact on the growth of the market. Despite the massive potential held by the product, the coronavirus outbreak will bring stagnancy in the growth rate in the year 2019. Having said that, the market will witness new growth opportunities in the coming years owing to the efforts taken by large scale companies to compensate for the losses in the outbreak.
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The global sterile medical packaging market size is expected to reach USD 47.89 billion by 2027, exhibiting a CAGR of 5.5% during the forecast period. The increasing prevalence of infectious and communicable diseases and viruses such as COVID-19, flu, tuberculosis, and SARS has led to improved hygiene in medical devices intending to prevent any contamination or spread of disease in patients. The focus towards robust packaging in medical devices such as syringes, needles, bandages, face masks, gloves, applicators, suction catheters, testing kits, and surgical sponges, will positively influence the market growth.
The packaging used in these devices necessitates effectual maintenance for sterility. Thus, the need for effective packaging solutions will propel the market during the forecast period. In addition, the rising demand for single-use medical equipment owing to ethical and hygiene aspects for protection against the risks of disease transmission will foster healthy growth of the market in the forthcoming years. Global COVID-19 Impact Analysis: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. Browse Summary of This Research Insights with Detailed TOC: https://www.fortunebusinessinsights.com/sterile-medical-packaging-market-102798 The Report Lists the Key Companies in the Sterile Medical Packaging Market:
Well-Established Pharmaceutical Industry to Encourage Growth in North America The market in North America stood at USD 11.30 Billion in 2018 and is expected to hold the largest share during the forecast period owing to the well-established pharmaceutical industry. The growing healthcare spending and surge in the patient population will contribute significantly to the market in the region. The outbreak of coronavirus will further enhance the development of the market in North America. Europe is predicted to grow rapidly in the forthcoming years owing to the rising use of medical equipment such as thermoform trays, sterile bottles & containers, vials & ampoules, and pre-fillable syringes, in various medical applications.
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Aluminum Curtain Wall Market Growth, Size, Share, Trends, and Business Opportunities to 20269/16/2020
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Fly Ash Market Trends, Business Opportunities, Challenges, Size, Share, Growth Insights to 20269/16/2020 The global fly ash market size is projected to reach USD 13.33 billion by 2027 owing to the rapid urbanization and industrialization worldwide. Fly ash is a fine, powdered substance that is the byproduct of burning pulverized coal in electric generation power plants. They are captured by emission control equipment such as scrubbers, fabric filters, or electrostatic precipitators. The market value stood at USD 8.54 billion in 2019 and is likely to rise at a CAGR of 5.83% between 2020 to 2027.
List of Top Players Profiled in Fly Ash Market Research Report:
The report is based on a comprehensive overview of the market and highlights key factors such as drivers, restraints, future opportunities, and challenges of the market. The report also discusses the table of segmentation in detail based on factors such as application, type, and geography. It also lists the names of market manufacturers and the major strategies adopted by them to reach for the top position in the market. Furthermore, the report discusses notable industry developments, current trends prevalent in the market, and other interesting insights into the market. The report is available for sale on the company website. Browse Summary of This Research Insights with Detailed TOC: https://www.fortunebusinessinsights.com/industry-reports/fly-ash-market-101087 On the flip side, poor quality fly ash may harm the concrete, thereby hampering the market in the long run. Nevertheless, the increasing efforts to introduce environment-friendly cement is likely to create lucrative growth opportunities for the market in the coming years. Regional Segmentation: Asia Pacific will Dominate Market with Increasing Construction Activities In 2019, Asia Pacific emerged as the region holding the largest fly ash market share with a revenue of USD 4.15 billion. This is owing to the rapidly growing population and the rise in the number of construction activities. On the other side, the North American market is likely to grow notably owing to the improving transportation systems and wide range of major construction projects such as the building of dams, bridges, skyscrapers, roads, and others. Manufacturers in this region use high-performance fly ash mixes for gaining superior strength and longevity in the respective projects. Competitive Landscape Consolidated Nature of Market will Intensify Competition The market is consolidated in nature with the top 10 companies holding an average of 50% or more fly ash market share. This is owing to the massive investment made on resources for research and development of various fly ash products, and expansion of product portfolio into various geographies. On the other side, small and medium-sized companies are engaging in collaborative efforts such as mergers and acquisitions, agreements and contracts, joint ventures, and partnerships to attract more revenue to the market during the forecast period. |