Beyond Borders: A Comprehensive Study of the USA Marble Market
The market value of marble in the USA is significant, reflecting its status as a premium building material favored by architects, designers, and homeowners alike. According to recent market research, the marble market in the USA is estimated to be worth billions of dollars annually, with steady growth projected in the coming years. The demand for marble in various sectors such as construction,...
Innovation in Flooring: LVT Market Analysis and Projections
CHICAGO, Jan. 18, 2024 / — According to the new market research report “Luxury Vinyl Tiles (LVT) Flooring Market by Type (Rigid, Flexible), End-Use Sector (Residential, Non-residential), and Region (North America, Asia Pacific, Europe, Middle East & Africa, and South America) – Global Forecast to 2024″ Published by MarketsandMarkets™, The...
Construction Equipment Rental Market Dynamics: Trends, Drivers, and Sustained Demand
The availability and use of construction equipment are crucial to the construction sector, which has been a pillar of economic progress for decades. Technology developments, economic concerns, and shifting consumer preferences have all contributed to a substantial change in the construction equipment rental sector in recent years.
The global construction equipment rental market was...
Global Plywood Market Forecasted to Reach $73.3 Billion by 2027: A Comprehensive Analysis
The global plywood market size is projected to grow from USD 54.2 billion in 2022 to USD 73.3 billion by 2027, at a CAGR of 6.2%. The increasing demand for plywood from end uses, such as building & construction, packaging, industrial, and furniture sector, drives the market. Demand for multifarious plywood is encouraged by many companies to formulate different developmental strategies...
A Bright Outlook for the Global Ceramic Tiles Market
The ceramic tiles market industry size is estimated to be USD 227.9 billion in 2022, and it is projected to reach USD 320.5 billion by 2030, at a CAGR of 7.1%.
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Ceramic tile refers to a construction material used on flooring and wall surfaces. Ceramic tiles are created by combining several substances, like...
Construction & Heavy Equipment Telematics Market Growth & Trends 2026
The global construction & heavy equipment telematics market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%.
Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction...
Non-residential segment to dominate the precast concrete market
The global precast concrete market is expected to grow at a compound annual growth rate (CAGR) of 6.6% during the forecast year, from USD 144.6 billion in 2022 to USD 198.9 billion in 2027. Precast concrete refers to construction products made in reusable moulds away from the construction site. These building materials are delivered to the job site and assembled. Precast concrete has several advantages,...
Massive Scope for Adoption of Wooden Decking Market in Emerging Nations
Wooden decks are manufactured using a primary wooden core structure and lumber. Wooden decks are strong, durable, and capable of bearing enough weight to support home owners enjoy an extended living area. MarketsandMarkets projects that the wooden decking market size will grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at a CAGR of 1.43% from 2016 to 2021. The increase in demand of...
Insulation Products Market – Market Leadership
The global Insulation products market size is projected to grow from USD 55.1 billion in 2021 to USD 71.7 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The growth of this market is attributed to growing stringent regulations for energy-efficient insulation equipment, increase in number of HVAC applications, technological advances, and growing demand in construction, industrial, and transportation...
Cladding Systems Market worth $306.9 billion by 2026
The cladding systems market is projected to grow from USD 234.1 billion in 2021 to USD 306.9 billion by 2026, at a CAGR of 5.6% from 2021 to 2026. Cladding systems market is expected to grow in accordance to the growth of construction industry across the globe. Factors such as increase in the residential and commercial construction and infrastructure activities, along with the demand for durability...