Building and Construction

The residential segment is projected to dominate the ceramic tiles market through 2023. With the improvement in macroeconomic conditions globally, the demand for new constructions has increased, owing to which strong growth has been witnessed in new housing projects. Furthermore, factors such as a rise in renovation & remodeling activities and a rise in population & rapid urbanization are expected to drive the growth of the ceramic tiles market in the coming years. MarketsandMarkets projects that the global  ceramic tiles market  size will grow from USD 227.89 billion in 2018 to USD 320.07 billion by 2023 at a CAGR of 7.03%. Rapid industrialization and an increase in investments in the construction industry are expected to be the major drivers of the ceramic tiles market. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=228236779 On the basis of application, the market for ceramic tiles is segmented into flo...

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%. 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. Request for sample report @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=128289566 Recent Developments In March 2019, Nucor Corporation has planned to expand its steel plate production capacity by building a steel plate mill in Brandenburg, KY, US. The company has planned an investment of USD 1.35 billion in the mill. This mill has a planned production capacity of 1.2 million tons of steel products per annum. This is expected to strengthen the company’s steel plate product portfolio, which is further expected to support its pre-engineered buildings production, as steel plates are used as a raw materi...

The  pipeline monitoring systems market  is expected to witness high growth as a result of the increased number of oil & gas leakages in production, pipelines, and storage tanks due to natural disasters and high pressure along with stringent government regulations for pipeline safety and security and expansion and up-gradation of pipelines. The growth in trend of the development of new devices and solutions to monitor the pipeline performance, optimize the resources, automate the functions, and safeguard the operations fuels the growth of pipeline monitoring systems. The next-generation technologies, which are the future of the pipeline monitoring market, comprise integrated, multi-layered systems using disruptive technologies, Internet of Things (IoT), digital acoustic sensing, and connected pipelines. In terms of application, the leak detection application is projected to grow at a higher CAGR from 2016 to 2026. This growth can be attributed to the increasing inv...