Chemical

Monday, March 22, 2021

Modular Construction Market Worth $108.8 Billion By 2025 - Rising Demand Growth Trend Insights for Next 5 Years

The report “Modular Construction Market by Type (Permanent, Relocatable), Material (Steel, Concrete, Wood), Modules, End-Use (Residential, Retail & Commercial, Education, Healthcare, Office, Hospitality), and Region - Global Forecast to 2025”, The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a CAGR of 5.75% from 2020 to 2025. The growth of this market is attributed to increase in concern towards work-zone safety, need for lower environmental impacts, and supportive government initiatives. Increase in population and rapid urbanization (translating to a large number of new construction projects) offer opportunities for the growth of the modular construction market. However, factors such as lack of awareness and volatility in transportation charges may inhibit the growth of the market.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11812894

Recent Developments

In June 2020, Algeco Group strengthened its Nordic presence by announcing the acquisition of Wexus Group AS (Norway) from Norvestor Equity AS and other shareholders. Wexus is a leading provider of high-quality modular building solutions in the Nordic region. Headquartered in Norway, Wexus also has operations in Sweden and a modern production facility in Estonia. Wexus operates a fleet of 1,600 units, had 110 employees and revenues of USD 33.6 million in FY2019.
In December 2019, Fluor announced that its joint venture COOEC-Fluor Heavy Industries, Co., Ltd. fabrication yard in Zhuhai, China, safely completed the entire module program for the Kuwait Integrated Petroleum Industries Company (KIPIC) Al-Zour project in Kuwait. To achieve this, COOEC-Fluor delivered 188 modules in 20 separate shipments with a combined weight of 65,000 metric tons. In addition, the yard fabricated more than 95,000 pipe spools of carbon, alloy, and stainless steel pipe, which will be installed by the project team at the site.
In October 2019, ATCO Structures & Logistics opened a custom-built manufacturing plant and hire yard facility on the Gold Coast, Queensland. The state-of-the-art factory is the latest in a series of new and modern ATCO facilities, including plants in Perth and Santiago, Chile…

♦ Speak To Our Analyst - https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=11812894

Key Questions Addressed by the Report:

What are the global trends in the modular construction market? Would the market witness an increase or decline in the demand in the coming years?

What is the estimated demand for different end-use sectors of modular construction?
Where will the strategic developments take the industry in the mid to long-term?
What are the upcoming industry applications and trends for modular construction?
Who are the major players in the modular construction market globally?

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Thursday, March 4, 2021

What Will The 3D Concrete Printing Industry Be Like In The Next 5 Years?

The report "3D Concrete Printing Market by Offering (Printing Services, Materials), Technique (Extrusion-based, Powder-based), End-use sector (Building, Infrastructure) and Region (Americas, Asia Pacific, Europe, Middle East) - Global Forecast to 2023", The 3D concrete printing market is estimated to grow from USD 1.2 million in 2018 to USD 1,480.5 million by 2023, at a CAGR of 317.3%. The market is projected to witness exponential growth in the next few years due to the rise in demand for complex structures at affordable rates, rapid urbanization, and rise in demand for new construction projects across regions. The potential of 3D concrete printing technology in terms of mass customization and enhanced architectural flexibility, and its sustainable nature are some of the key factors that are expected to propel the growth of the 3D concrete printing market.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10362292

The building sector is estimated to dominate the market, in terms of value, through 2023.

The building sector dominated the market in 2017 and this trend is projected to continue through 2023, as a result of the rise in demand for affordable homes and growing trend toward the development of complex building structures. The demand for new construction projects has increased steadily in the recent past and is expected to further increase in the coming years, owing to the rapid urbanization and the rising population. These factors are expected to fuel the demand for 3D concrete printing in the building sector.

♦ Request Free Sample Report - https://www.marketsandmarkets.com/requestsampleNew.asp?id=10362292

The Middle Eastern market for 3D concrete printing is projected to grow at the highest CAGR from 2018 to 2023.

The Middle East is projected to be the fastest-growing market for 3D concrete printing during the forecast period. The growth in the region can be attributed to the supportive government initiatives such as “Dubai 3D Printing Strategy” and the demand for affordable houses within the region. The UAE is projected to grow at the highest CAGR in the Middle Eastern 3D concrete printing market during the forecast period. The Asia Pacific market is projected to grow at the second-highest CAGR between 2018 and 2023.

♦ Leading Key Players -

The key players operating in the 3D concrete printing market include Winsun (China), XtreeE (France), Monolite UK (UK), Apis Cor (Russia), CSP s.r.l. (Italy), CyBe Construction (Netherlands), and Sika (Switzerland). These players possess enhanced 3D concrete printing capabilities and focus on creating awareness about this dynamic technology. New projects, agreements, partnerships, joint ventures, and expansions are some of the major strategies adopted by key players operating in the 3D concrete printing market.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Tuesday, March 2, 2021

Thin Wall Packaging Market: Rising Demand, Growth, Trend, and Insights for Next 5 Years

The study involved four major activities to estimate the current market size for thin wall packaging products. Exhaustive secondary research was done to collect information on the market, peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments. The thin wall packaging market is expected to grow from USD 42.8 billion in 2018 to USD 53.7 billion by 2023, at a CAGR of 4.64%. Rising demand for packaged food coupled with a growing preference for customer-friendly and lightweight packaging and cost-effectiveness drive the demand for thin wall packages.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=26533188

♦ Recent Developments -

In August 2018, Amcor Limited announced to acquire Bemis Company, Inc. (US), under which Amcor would acquire Bemis in an all-stock combination. The transaction is expected to be valued at USD 6.8 billion and is expected to close by the first quarter of 2019. This transaction is aimed at increasing the R&D capabilities and expanding its geographical presence to cater to the demand for sustainable packaging. Under this transaction, Amcor’s shareholders would own 71%, while Bemis’ shareholders would own 29% of the combined company.
In November 2017, RPC Superfos introduced an innovative spoon-in-the-lid solution for yogurts, desserts, and other dairy products. This lid is especially useful for consumers who eat on-the-go.
In June 2017, RPC Group acquired Astrapak (South Africa), a key manufacturer of molded and thermoformed plastic packaging catering to the African market. This acquisition was aimed to increase RPC Group’s presence in the thin wall packaging market.

On the basis of application, the thin wall packaging market has been categorized as follows:

Food
Beverages
Others (pharmaceuticals, cosmetics & personal care, and industrial)

On the basis of region, the thin wall packaging market has been categorized as follows:

North America
Europe
Asia Pacific
Middle East & Africa
South America

♦ Speak To Analyst – https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=26533188

The Asia Pacific thin wall packaging market is projected to register the highest CAGR during the forecast period

The Asia Pacific is projected to be the fastest-growing region in the thin wall packaging market, in terms of value. Key factors such as industrialization, growth in middle-class population, the rise in disposable income, ease of convenient & visible packaging, and the rise in demand for sustainable packed products, especially in the food & beverage sector, are expected to drive the demand for thin-wall packaging in the Asia Pacific during the forecast period. Europe is projected to lead the market, in terms of demand, through the forecast period owing to improvements in the regional economy, the rise in the consumption of packaged food products, growing food service packaging sector, and the rising number of retail chains.

♦ Leading Key Players -

The thin wall packaging market is dominated by large players, such as Amcor (Australia), Berry Global (US), Silgan Holdings (US), PACCOR (Germany), RPC Group (UK), Reynolds Group (New Zealand), ILIP Srl (Italy), Mold-Tek Packaging (India), Greiner Packaging International (Austria), and Double H Plastics (US).

Thursday, February 25, 2021

Sealing & Strapping Packaging Tapes Market worth $22.1 Billion by 2023 - MarketsandMarkets

The report "Sealing & Strapping Packaging Tapes Market by Material (PP, Paper, PVC), type of adhesive (Acrylic, Rubber-based, and Silicone), Applications (Carton sealing and Strapping & bundling), and Region - Global Forecast to 2023", The sealing & strapping packaging tapes market is projected to grow from USD 17.4 billion in 2018 to USD 22.1 billion by 2023, recording a CAGR of 4.89%. The rising demand for carton sealing tapes in the packaging industry, due to its wide range of applications including carton sealing, bundling, unitizing, pelletizing, and general packaging is projected to drive the demand for sealing & strapping packaging tapes. Furthermore, these tapes are economical alternatives to plastic and metal sealing & strapping tapes, which is further projected to boost its market growth.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136369024

♦ Recent Developments

In November 2018, Intertape Polymer Group acquired the control of a 29% stake for USD 9.9 Million in Powerband (India). Acquiring a controlling interest in Powerband in 2016 provided the company with additional capacity for acrylic carton-sealing tapes in a low-cost manufacturing region to export these competitively-priced tape products to North America and Europe. Since then, having the overseas asset has enabled IPG to expand its market share in North America and negotiate better terms on raw materials for the US production of similar packaging tapes.

Asia Pacific to dominate the market during the forecast period.

China was the largest market for sealing & strapping packaging tapes, globally. The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. The key factors driving the growth of the Asia Pacific sealing & strapping packaging tapes market include the booming packaging industry in countries such as China, India, Vietnam, Indonesia, and Japan, cheap labor cost, and availability of domestically produced raw materials. In addition, the growing demand for sealing & strapping packaging tapes in China, Japan, and India is driving by the ever-increasing awareness of sustainable and economical packaging, and rising disposable income is expected to create opportunities for the sealing & strapping packaging tapes market in the region.

♦ Speak To Analyst – https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=136369024

By Application,

Carton Sealing Tapes
Strapping & Building

Friday, February 19, 2021

The Ultimate Revelation Of Luxury Vinyl Tiles (LVT) Flooring.

The luxury vinyl tiles (LVT) flooring market is projected to grow from USD 18.0 billion in 2019 to USD 31.4 billion by 2024, recording a CAGR of 11.7% from 2019 to 2024. The high growth of the construction industry across regions is projected to drive the market growth. Factors such as the increasing residential and non-residential construction, remodeling & maintenance activities, the high durability and enhanced aesthetic appearance of the LVTs are projected to drive the demand for LVT flooring.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105150640

Key Market Players

Key players such as Mohawk Industries (US), Tarkett (France), Forbo (Switzerland), Shaw Industries, Inc. (US), and Interface (US) adopted strategies that strengthen their product portfolios, expands their market presence, and enhances their growth prospects in the vinyl flooring market.

Recent Developments

In January 2019, Genflor launched Creation 30 and Creation 55, a new collection of LVT–Luxury Vinyl Tiles & Planks. The company offers a range of LVTs with more than 35 new colors and designs. It also consists of 10 formats of tiles & planks.
In July 2018, Mohawk Industries acquired Godfrey Hirst Group (Australia), a flooring company in New Zealand and Australia, to expand its global operations. The manufacturing, marketing, and distribution leadership of Godfrey Hirst’s will complement Mohawk’s current hard surface distribution channel and strengthen its product portfolio.
In June 2018, Interface introduced new global luxury vinyl tile (LVT), Drawn Lines. It offers a distinct pattern that incorporates biophilic elements into the floor design. Drawn Lines are available in ten different colors, namely, Smokey Quartz, Opal, Diamond, Bronze, Amber, Silver, Onyx, Aquamarine, Topaz, and Citrine.

♦ Speak To Analyst – https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=105150640

Key Questions Addressed by the Report:

What are the global trends witnessed in the LVT flooring market? Would the market witness a rise or decline in the demand in the coming years?
What is the estimated demand for different materials of vinyl flooring market products?
Where will the strategic developments take the industry in the mid to long-term?
What are the upcoming industry applications and trends for LVT flooring solutions?
Who are the major players in the vinyl flooring market globally?

Five Quick Tips For Plastic Waste Management Market (Worth $37.9 Billion By 2024)

The plastic waste management market size is projected to grow from USD 32.6 billion in 2019 to USD 37.9 billion by 2024, recording a CAGR of 3.1% during the forecast period. Factors such as economic growth, increasing urbanization, industrialization, and changing lifestyles of people have raised the levels of plastic waste generation, which has resulted in an increasing threat to the environment. The awareness about plastic waste management has increased significantly with the progress in consumer education and rising awareness about health & environment. The growing population and the growing income levels of people have generated new opportunities for the plastic waste management industry.

Recent Developments

In July 2019, SUEZ opened a packaging sorting plant in Germany. It is Europe's most advanced packaging sorting facility. The plant operations include sorting of lightweight packaging, with a capacity of 110,232 tons of waste. This expansion is expected to better the waste management processes in Germany.
In May 2019, LC Packaging (Netherlands) and Veolia Netherlands signed a strategic partnership for the reduction of flexible packaging waste globally.

Key Market Players

Veolia Environnement (France), SUEZ (France), Waste Management, Inc. (US), Republic Services (US), Waste Connections Inc (Canada), Clean Harbors (US), Biffa (UK), Covanta Holding Corporation (US), Stericycle (US), and Remondis SE & Co. KG (Germany) are the key players operating in the plastic waste management market.

Based on polymer type:

Polypropylene (PP)
Low-density polyethylene (LDPE)
High-density polyethylene (HDPE)
Polyvinyl chloride (PVC)
Polyurethane (PUR)
Polystyrene (PS)
Polyethylene
terephthalate (PET)
Others (thermoset and thermoplastics (not included in the above segmentation such as SPI code 7 plastics, melamine-formaldehyde, bakelite, and others polyester resins))

♦ Speak To Analyst – https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=80259244

In terms of value, the Asia Pacific plastic waste management market is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific plastic waste management industry is projected to grow at the highest CAGR from 2019 to 2024, in terms of value. The growing population, rising GDP, and increasing disposable income in Asia Pacific are leading to the generation of more solid waste (including plastic waste), which, in turn, is creating opportunities for the market in the region. Infrastructural development in under-developed and developing countries of Asia Pacific is driving the growth of various methods of plastic waste management in this region.

Friday, February 12, 2021

How Will Paper Straw Market Be In The Future!

The report "Paper Straw Market by Material Type (Virgin paper, Recycled Paper), Product Type (Printed, Non Printed), Straw Length , Straw Diameter, End use Application (Food Service, Institutional, Household), Region - Global Forecast to 2024" The paper straw market is projected to grow from USD 585 million in 2019 to USD 1,687 million by 2024, recording a CAGR of 23.6% during the forecast period. The rising demand for sustainable, single-use disposable products & solutions in various end-user industries, such as foodservice, institutional, and household, and the increasing government reforms & campaigns to ban the use of plastics, are factors that are projected to drive the growth of the paper straw market across the globe. Moreover, the adoption & demand from consumers for the sustainable & environment-friendly straws boost the market further.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102762708

Recent Developments

In October 2019, Transcend Packaging (UK) acquired the assets of BioStraw Ltd. (UK), a paper straw manufacturer. BioStraw (UK) will transfer all its production assets to Transcend Packaging. Further, this strategic initiative will widen their customer base for their products and strengthen their marketing and manufacturing capabilities for paper straws.
In May 2019, Hoffmaster Group, Inc. (US) acquired The Paper Straw Co (UK), a UK-based manufacturer of paper straws. Through this strategic acquisition, the company is projected to expand its operations in the European markets for paper straw products and increase its product portfolio for paper straws.
In May 2019, Huhtamaki Oyj (Finland) set up a paper straw production unit in Northern Ireland. The production plant is located in Antrim town, near Belfast, in Northern Ireland. This expansion aims to expand the company’s paper-based product portfolio, such as paper straws.

♦ Leading Key Players -

Hoffmaster Group, Inc. (US), Transcend Packaging Ltd. (UK), Huhtamaki Oyj (Finland), Footprint (US), Fuling Global Inc. (China), and Canada Brown Eco Products Ltd (China) are the key players operating in the paper straw market.

Tuesday, February 9, 2021

5 Latest Developments In Industrial Floor Coating Market.

The report "Industrial Floor Coating Market by Resin Type, Flooring Material (Concrete, Mortar, Terrazzo), Coating Component, Technology, End-use Sector (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2024" The global industrial floor coating market size is projected to grow from USD 5.5 billion in 2019 to USD 6.8 billion by 2024, at a CAGR of 4.6% from 2019 to 2024.

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=114088165

Recent Developments

In December 2019, AkzoNobel acquired Mauvilac Industries Limited (Africa), a manufacturer of paint and coating. This initiative includes the acquisition of Mauvilac Industries’ local manufacturing facility, four concept stores, and a strong distribution network. This strategic initiative is expected to strengthen AkzoNobel’s footprint in Sub-Saharan African markets.
In October 2019, AkzoNobel introduced a new range of powder coating ‘Interpon Redox,’ which is an ideal solution for corrosion protection. This powder coating may be used to all array of surfaces, substrates, and environments (such as cable cars, window frames, wind turbines, and chemical plants).
In July 2019, AkzoNobel invested USD 4 million (3 million Euros) in Changzhou powder coatings plant in China, with an aim to enhance its production facilities as well as supply chain. Furthermore, the company invested in adding three new production lines at the same plant in China.

On the basis of technology

Water-borne
Solvent-borne

On the basis of end-use sector

Manufacturing
Aviation & transportation
Food processing
Science & technology
Others (car parks, hospitality, healthcare, and fire & public safety sectors)

On the basis of region:

North America
Europe
Asia Pacific
Middle East & Africa
South America

♦ Request Free Sample Report - https://www.marketsandmarkets.com/requestsampleNew.asp?id=114088165

Thursday, February 4, 2021

Modular Construction Market worth $108.8 billion by 2025 (At a CAGR 5.75%)

The report "Modular Construction Market by Type (Permanent, Relocatable), Material (Steel, Concrete, Wood), Modules, End-Use (Residential, Retail & Commercial, Education, Healthcare, Office, Hospitality), and Region - Global Forecast to 2025", The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a CAGR of 5.75% from 2020 to 2025. The growth of this market is attributed to increase in concern towards work-zone safety, need for lower environmental impacts, and supportive government initiatives. Increase in population and rapid urbanization (translating to a large number of new construction projects) offer opportunities for the growth of the modular construction market. However, factors such as lack of awareness and volatility in transportation charges may inhibit the growth of the market.

53 market data Tables
50 Figures
220 Pages

♦ Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11812894

In terms of value & volume, Permanent modular building is estimated to dominate the modular construction market in 2019.

Permanent modular buildings, by type, accounted for the largest market share in the modular construction market. Permanent modular construction saves time and labor which are required for construction, thereby reducing the construction cost significantly. It also offers high quality control in comparison to on-side construction. These factors drive the demand for this construction technique.

In terms of value and volume, steel is projected to be the fastest segment in the modular construction market from 2020 to 2025.

Steel, by material, is thefastest-growing segment for modular construction market from 2020 to 2025, in terms of value and volume. Steel frames are also lighter in comparison to other wall materials, which allows building structures created from them to be craned and transported into a place in a more efficient manner, resulting in less disturbance to the local area and reducing cost. It is also recyclable, and hence, buildings made from steel can be easily dismantled. It is one of the most popular materials for use in relocatable buildings used as commercial buildings, warehouses, and retail outlets.

♦ Request Free Sample Report - https://www.marketsandmarkets.com/requestsampleNew.asp?id=11812894

♦ Key Market Players

Key players, such as Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Kleusberg GmbH (Germany) have adopted various growth strategies, such as acquisitions, contracts, agreements, and new projects to increase their market shares and enhance their product portfolios.

Wednesday, February 3, 2021

Rain Gutter Market worth $7.9 Billion by 2025 - Exclusive Report by MarketsandMarkets™

According to the new market research report "Rain Gutter Market by Application (Residential, Commercial), Material Type (Aluminum, Steel, Vinyl, Fiberglass, Others), and Region (North America, Europe, Asia Pacific, MEA, South America) & region – Global Forecast to 2025", published by MarketsandMarkets™, the Rain Gutter Market size is estimated to be USD 7.0 billion in 2020 and projected to reach USD 7.9 billion by 2025, at a CAGR of 2.5%.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194158351

Browse in-depth TOC on "Rain Gutter Market"

85 – Tables
44 – Figures
147 – Pages

Increasing repair and maintenance activities in developed regions couple with, coupled with growing construction industry, increasing demand for rainwater harvesting, are driving the demand for rain gutters. Moreover, the increasing consumer awareness about rainwater harvesting, increased damage due to hurricanes and excess rains; and growing health and f safety concerns across the globe play a key role in driving the growth of the rain gutter market.

The rain gutter market includes lesser Tier I and II suppliers like Gibraltar industries, and Lindab. However, there is a presence of majority local players due to the same the market is fragmented at regional level. These suppliers have their manufacturing facilities spread across various locations at regional levels. COVID-19 has impacted their businesses as well. Multiple small rain gutter manufacturers business has affected due to COVID-19. Industry experts believe that COVID-19 could affect construction industry by 20-30% globally in 2020. This also translates into a snowballing effect on the rain gutter market. This could lead to lower expenditure on replacement and new investments on external building structure and rain gutters along with slowing down the construction activity.

Higher need of housing construction and a greater number of individual houses built every year is expected to result in the residential segment occupying majority of the rain gutter market share.

The residential segment is expected to have the largest market share by value. This higher share is attributed to increasing housing construction and high demand for rainwater harvesting from residential applications.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=194158351

The fiberglass material segment is estimated to be the fastest growing material segment.

The fastest growth of fiberglass material is attributed to its various advantages over other materials such as high durability and negligible maintenance costs. The aluminium and steel materials are estimated to have the largest market share by value. Growth of this segment can be attributed to less/competitive pricing and durability.

Asia Pacific likely to emerge as the highest growing rain gutter market.

Asia pacific is forecasted to be highest growing market the high growth is attributed to the increasing construction activities in developing Asia Pacific countries such as, India, Indonesia, Thailand etc. Increasing hurricanes, high rainfalls and worst weather conditions are other factors driving demand for rain gutters in the region.

Lindab (Sweden), Gibraltar Industries Inc (US), KMEW Co. Ltd (Japan), Braas Monier Building Group (UK), Senox corporation (US) are the key players in the global rain gutter market.