Building and Construction

The  pre-engineered buildings market  is projected to reach USD 25.0 billion by 2024, at a CAGR of 11.5% from 2019. Factors such as rapid industrialization, growth in the infrastructural investments, an increase in the use of steel in building & construction, and rising demand for sustainable buildings drive the pre-engineered buildings market. Pre-engineered buildings are steel buildings or structures fabricated away from the construction site, based on customer requirements. These buildings are first designed using specific software tools, and then individual elements are manufactured at the factory, which is further transported, assembled, and erected at the construction site, with bolted connections. Download the PDF Brochure for more insight @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128289566 The warehouses & industrial segment is projected to grow at the highest CAGR during the forecast period. This is attributed to the growth in...

North America accounted for the largest share of the market in 2018, and is expected to continue in the trend during the forecast period due to the recent boom in non-residential construction in the region, coupled with supporting investments from domestic and foreign investors and favorable policies. The growth and financial health of North American  construction equipment rental market  is driven by factors, such as non-residential construction activity, capital investments in the industrial sector, repair, maintenance, and overhaul services, government spending and demand for construction equipment rental for remediation and rebuilding efforts. The market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing building & construction activities, especially in China, Japan, and India, coupled with increasing investments from domestic & foreign investors in public & private sectors. D...

The  rainscreen cladding market  is projected to grow from USD 10.1 billion in 2019 to USD 14.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast year. Demand for rainscreen cladding market can be attributed to the high growth primarily because of the increasing infrastructure and construction activities worldwide. Rainscreen cladding does not protect a building; it also enhances its appearance. The rebound in commercial construction is expected to increase the demand for external rainscreen cladding. Also, the increasing consumer awareness about efficient use of energy in houses and commercial buildings by reducing the amount of resources required for ventilation, heating, and air conditioning may drive rainscreen cladding market growth. However, the risk of water intrusion in the joints of buildings in extreme weather conditions and in areas where rainfall is high may a pose challenge to the industry growth. To know about the assumpti...

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...

Pre-engineered buildings are steel buildings or structures fabricated away from the construction site, based on customer requirements. These buildings are first designed using specific software tools, and then individual elements are manufactured at the factory, which is further transported, assembled, and erected at the construction site, with bolted connections. MarketsandMarkets expects the  pre-engineered buildings market  to grow from USD 14.5 billion in 2019 to USD 25.0 billion by 2024, at a CAGR of 11.5% during the forecast period. Download the PDF Brochure for more insight @  https://www.marketsandmarkets.com/pdfdownloadNew.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 ...

The  construction equipment rental market  is projected to grow from USD 98.6 billion in 2019 to reach USD 121.6 billion by 2024, at a CAGR of 4.3% from 2019 to 2024. The major drivers for the market include the increasing demand for rental equipment due to various benefits, shift in trend towards rental, increasing infrastructure activities in emerging nations, and cost-benefits associated with the use of construction equipment on a rental basis rather than purchasing it. North America projected to be the largest construction equipment rental market during the forecast period North America accounted for the largest share of the market in 2018, and is expected to continue in the trend during the forecast period due to the recent boom in non-residential construction in the region, coupled with supporting investments from domestic and foreign investors and favorable policies. The growth and financial health of North American construction equipment rental market is driven...

The market for  fiber cement  is projected to grow from USD 13.75 Billion in 2016 to USD 17.38 Billion by 2021, at an estimated CAGR of 4.80%. This growth is due to growing construction activities, globally. Stringent regulations against the use of asbestos cement also provides an opportunity to the market to grow further, especially in the emerging Asia-Pacific and Latin American regions. Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186027265 Fiber cement siding is the largest application area. This is because fiber cement siding does not require maintenance and is impervious to degradation. Also, growing construction projects, both residential and commercial, have driven the market in this segment. Other application areas of fiber cement are roofing, molding & trim, countertops, and backer boards. Target audience Raw material suppliers and producers Regulatory bodies Fiber cement distributors/suppliers End users (buil...

The  perlite market  was valued at USD 1.42 Billion in 2016 and is projected to reach USD 2.20 Billion by 2022, at a CAGR of 7.78%. The market is projected to witness significant growth over the next few years with the increasing demand for new constructions due to rapid urbanization and industrialization with large-scale investments in the commercial and infrastructural sectors. The rising demand for perlite in emerging economies and the increasing inclination toward sustainable construction methods are increasing the reliance on modern construction materials, thus creating growth opportunities for the perlite market. Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219145595 An industrial segment to gain maximum traction during the forecast period The industrial sector is projected to be the fastest-growing segment in the perlite market during the forecast period. Expanded perlite finds diverse applications in the industrial secto...

The plumbing fixtures & fittings market is projected to reach USD 139.4 Billion by 2027. The plumbing fixtures & fittings market size is estimated to grow from USD 86.5 billion in 2018 to USD 139.4 billion by 2027. 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.   Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77394490 Residential buildings to gain maximum traction during the forecast period The residential buildings segment dominated the market in 2018 and is projected to be the fastest-growing end-user industry in the next five years, as a result of the rising urbanization and changing lifestyle inclined toward new designs and bette...

The global  pre-engineered buildings market  size is projected to grow from USD 14.5 billion in 2019 to USD 25.0 billion by 2024, at a CAGR of 11.5% during the forecast period. The increasing demand for green buildings and need for reduction in construction time and cost, along with the demand for lightweight building structure, are projected to drive the growth of the pre-engineered buildings market. The pre-engineered buildings market is dominated by major players such as 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). These players adopt various growth strategies such as contracts/orders/project developments, new product developments, divestitures and expansions, and acquisitions to increase their market share. Contracts/orders/project devel...