Category: construction

In-depth Analysis of the COVID-19 Impact on Wooden Decking Market

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. The wooden decking market is expected to witness high growth as a result of the rising urbanization, large-scale investments in infrastructure & industrial sectors, and rising construction activities in emerging economies. The repairs and re modelling segment is projected to have the largest market share and dominate the wooden decking market from 2016 to 2021. New decks on new houses plays a key role in changing the wooden decking landscape and is projected to grow at the second-highest rate during the forecast period.

Wooden decking market size will grow from USD 7.21 Billion in 2015 to USD 7.81 Billion by 2021, at an estimated CAGR of 1.43%. It is projected to witness significant growth in the next few years with the increasing demand for new constructions all over the world due to rapid urbanization and industrialization.

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Currently, North America is the largest consumer of wooden decks. The U.S., Germany, and China are among the key markets of wooden decks. The Asia-Pacific wooden decking market is projected to register the highest CAGR during the forecast period. The growth of the construction industry and improving financial conditions in the region has led to the increase in demand for wooden decks. The growth of the wooden decking market in these regions is driven by factors such as the increasing construction of residential and non-residential buildings, along with the growing population and economic development.

Target Audience

  • Wooden decking manufacturers
  • Raw material producers and suppliers
  • Wooden decking distributors and traders
  • End-use sectors
  • Government and R&D institutions
  • Market research and consulting firms
  • Associations and industry bodies

Factors such as fluctuations in wood and related material prices and availability of substitutes such as plastic decks and wood-polymer composite decks might restrict the growth of the market. The global wooden decking market is dominated by players such as UPM-Kymmene Corporation (Finland), Weyerhaeuser Company (U.S.), West Fraser Timber Co. Ltd. (Canada), Universal Forest Products, Inc. (U.S.), Metsä Group (Finland), Setra Group (Sweden), James Latham plc (U.K.), Cox Industries Inc. (U.S.), Humboldt Redwood Company and Mendocino Redwood Company (U.S.), Vetedy Group (U.S.). These players adopted various strategies such as new product developments, agreements, partnerships, and expansions to cater to the needs of the wooden decking market.

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North America is projected to be the largest market for construction equipment rental

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.

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Key players in the construction equipment rental market, such as United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan), and Kanamoto Co. Ltd.  (Japan), among others, are considered for the study.  

Scope of the Report

Report MetricDetails
Market size available for years2017-2024
Base year considered2018
Forecast period2019–2024
Forecast unitsValue (USD)
Segments coveredEquipment, Product, and Region
Regions coveredNorth America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies coveredUnited Rentals Inc. (US) (Belgium), United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan) Kanamoto Co. Ltd.  (Japan), Nishio Rent All Co. Ltd (Japan), Nikken Corporation (Japan), Ahern Rentals (US), and others are considered for the study.
Total 25 major players covered.

Key Questions Addressed by the Study

  • What are the future revenue pockets in the construction equipment rental market?
  • Which key developments are expected to have a long-term impact on the construction equipment rental market?
  • Which type of construction equipment with specific weight lifting capacity is expected to cannibalize existing markets? 
  • How is the current regulatory framework expected to impact the market?
  • What will be the future product mix of the construction equipment rental market?
  • What are the prime strategies of leaders in the construction equipment rental market?

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Pipeline Monitoring Systems Market by Application (Leak Detection, Operating Efficiency, and Pipeline Break Detection)- Global Forecast to 2026

The pipeline monitoring systems market is expected to witness high growth as a result of 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 investments from oil & gas companies in pipeline monitoring infrastructures and safe transportation of the material through it. Pipeline leakage detection systems help in detecting damages across the pipeline infrastructure. These systems detect leaks on the basis of flow, pressure, temperature, and density.

Gas pipelines which are covered under the crude & refined petroleum segment accounted for a major share, which creates a huge potential for pipeline monitoring systems for gas pipelines; this is projected to grow at a higher rate. Also, the construction of number of pipelines in various regions may lead to the growth of pipeline monitoring systems for crude & refined oil across the globe.

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The pipeline monitoring systems market size will grow from USD 4.13 Billion in 2015 to USD 8.72 Billion by 2026, at an estimated CAGR of 7.1% between 2016 and 2026.

Pipeline Monitoring Systems Market: By Application

  • Introduction
  • Leak detection
    • Flow
    • Pressure
    • Temperature
    • Density
  • Operating condition
  • Pipeline break detection
  • Others (liquid/material identification)

Pipeline Monitoring Systems Market: By End-Use Industry

  • Introduction
  • Crude & refined petroleum
    • Oil
    • Natural gas
    • Biofuel
  • Water & wastewater
  • Others (beverages, drugs & specimen, currency)

North America contributes a major market share in the global pipeline monitoring systems market. The North American market is projected to grow at the highest rate than other regions as many new pipelines are under construction in this region. Europe constitutes the second largest market share in pipeline monitoring systems while Asia-Pacific is projected to register the highest growth after North America. Emerging economies such as India, China and Japan are projected to grow at moderate CAGRs between 2016 and 2026.

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The report “Perlite Market by Form (Expanded Perlite and Crude Perlite)- Global Forecast to 2022

MarketsandMarkets projects that the perlite market size will grow from USD 1.51 Billion in 2017 to USD 2.20 Billion by 2022, at an estimated CAGR of 7.78%. The perlite market is expected to witness high growth as a result of the rapid urbanization, large-scale investments in the building & construction sector, and the rising number of construction activities in emerging economies.

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The Perlite market is segmented by type in to Expanded Perlite and Crude Perlite.
Expanded perlite finds application in several sectors, which drives its demand. This segment dominates the perlite market and is projected to grow at a higher rate during the forecast period. Expanded perlite possesses high insulation, acoustic, and excellent water retention, and higher water density properties. Hence, the expanded perlite form accounted for a relatively larger market share than the crude perlite segment.

Expanded perlite finds diverse applications in the industrial sector, ranging from high-performance fillers for plastics to cement; as a filtering agent for petroleum, water, and geothermal wells; and for cryogenic insulation that requires insulation for extremely low to medium and high temperature including insulating concrete, refractory bricks, and underfloor insulation. Safety certifications from regulatory authorities present opportunities for manufacturers to strengthen their position in the perlite market, in order to maintain the quality and performance standards of perlite.

Target audience

  • Raw material producers
  • Perlite traders/distributers/suppliers
  • Local governments
  • Environmental protection bodies
  • Market research and consulting firms
  • Regulatory bodies
  • Research organizations
  • Association and industry bodies
  • End-use industries

The major players in the perlite market include Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (UK), Amol Dicalite (India), IPM Group of Companies (Philippines), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Genper Group (Turkey), The Schundler Company (US), and Whittemore Company (US).


United Rentals Inc. (US) and Ashtead Group plc (UK) are the Leading Player in the Construction Equipment Rental Market

The construction equipment rental market is estimated to be USD 98.6 billion in 2019 and is projected to reach USD 121.6 billion by 2024, growing at a CAGR of 4.3% from 2019 to 2024. Increasing building & construction activities, especially in China, Japan, and India, the recovering construction sector in Europe, and increasing rental penetration in North America coupled with shift in trend towards rental due to various cost-benefits is expected to drive the growth of the construction equipment rental market during the forecast period.

Major companies operating in the construction equipment rental market include United Rentals Inc. (US) (Belgium), United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc.  (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan), and Kanamoto Co. Ltd. (Japan) hold a potential share of the construction equipment rental market.

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United Rentals Inc. (US) is the leading player in the construction equipment rental market which has adopted organic & inorganic strategies to sustain its market position.

  • In October 2018, United Rentals, Inc. acquired WesternOne Rentals & Sales LP, a Canada-based leading equipment rental provider of aerial lifts and heat solutions, to expand its business in Western Canada.
  • In September 2018, United Rentals, Inc. acquired Blueline Rental, a leading North American general rental provider based in Texas, US, to extend its footprints to various large metropolitan areas in North America, including US coasts, the Gulf South, and Ontario. This acquisition is in line with the company’s Grow the Core strategy to expand its presence in the local and mid-sized customer segment.

Ashtead Group plc (UK) is another major company in the construction equipment rental market. It has adopted organic and inorganic strategies to sustain its position in the construction equipment rental market.

  • In March 2018, Ashtead Group acquired the business and assets of New England Rent-All Equipment, Inc. (NERA) for a cash consideration of approximately USD 4 million. NERA is a general equipment rental business based in Massachusetts, US.
  • In February 2018, Sunbelt US, an operating company of Ashtead Group in the US acquired the business and assets of Beaupre Aerial Equipment, Inc. and Beaupre Equipment Services, Inc. (together Beaupre) for a cash consideration of USD 50 million. Beaupre is an aerial work platform rental business based in Minnesota, US.

Construction Equipment Rental Market- Analysis, Statistics, Trends, Forecast Report, 2025

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 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.

Recent Developments

  • In August 2019, Ahern Rentals started its operational facility in Argentina. Located in Buenos Aires, Ahern Argentina is the eighth Ahern International business to open, joining Ahern Australia, Ahern Canada, Ahern Chile, Ahern Deutschland, Ahern Ibérica, Ahern Ireland, and Ahern Japan, and is the second Ahern International entity in Latin America. Focused on supporting the Argentinian market, the company specializes in sales, service, and spare parts for Xtreme Manufacturing telehandlers, Snorkel aerial work platforms, and Ruthmann Bluelift tracked spider lifts.
  • Equipment rental company, Boels Rentals is adding the Barreto 30SGB stump grinder to its rental product range, based on positive feedback relating to Vanguard’s V-Twin engine. Boels Rentals will introduce the new stump grinder units which feature the Vanguard V-Twin engine across its European network as part of its strategic collaboration with engine manufacturers, Briggs and Stratton.

Key Market Players

Companies such as United Rentals Inc. (US) (Belgium), United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan), Kanamoto Co. Ltd. (Japan), Nishio Rent All Co. Ltd (Japan), Nikken Corporation (Japan), and Ahern Rentals (US), among others, are the major players in the construction equipment rental market. These players focus on strategies, such as contracts, product launches, acquisitions, partnerships, expansions, joint ventures, and investments that have helped them to expand their businesses in untapped and potential markets.

The diversified product portfolios and multiple uses are factors responsible for strengthening the positions of these companies in the construction equipment rental market. They have adopted various organic and inorganic growth strategies, such as new product launches, acquisitions, and contracts, to enhance their current positions in the construction equipment rental market. 

Perlite Market by Application (Construction, Agriculture & Horticulture, and Industrial)- Global Forecast to 2022

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.

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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 sector, ranging from high-performance fillers for plastics to cement; as a filtering agent for petroleum, water, and geothermal wells; and for cryogenic insulation that requires insulation for extremely low to medium and high temperature including insulating concrete, refractory bricks, and underfloor insulation. Safety certifications from regulatory authorities present opportunities for manufacturers to strengthen their position in the perlite market, in order to maintain the quality and performance standards of perlite.


The perlite value chain includes raw material manufacturers such as Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (UK), Amol Dicalite (India), IPM Group of Companies (Philippines), and Bergama Mining Perlite (Turkey), Furthermore, the products manufactured by these companies are used by various end-use sectors. The end-use sectors comprise industrial, construction, agriculture & horticulture, and food & beverages, among others. The application of perlite components in these sectors is due to its various properties including high insulation, acoustic property, lightweight concrete, fire resistant, and excellent water retention properties. The global market for the perlite market is dominated by players such as Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (UK), Amol Dicalite (India), IPM Group of Companies (Philippines), Bergama Mining Perlite (Turkey), Supreme Perlite Company (US), Genper Group (Turkey), The Schundler Company (US), and Whittemore Company (US).

In terms of value, the expanded perlite segment is projected to grow at a higher CAGR during the forecast period. This growth can be attributed to factors such as introducing high strength to concrete with less water content and easy workability. Expanded perlite finds applications in several industries including agriculture & horticulture, construction, industrial, and food & beverages.

The rising number of infrastructural activities as well as the large population in China and India drive the growth of the Asia Pacific perlite market. Additionally, other emerging economies such as South Africa and countries in the Middle East and South America are experiencing high demand for construction. The rapid urbanization in these countries demands faster and cheaper construction of buildings and facilities without compromising on the quality. Additionally, the increasing number of government investments in infrastructural constructions provide the potential for the growth of the perlite market in these countries.

Pipeline Monitoring Systems Market by Technology (Ultrasonic, PIGs, Smart Ball, and Magnetic Flux Leakage)- Global Forecast to 2026

The pipeline monitoring systems market size is estimated to grow from USD 4.13 Billion in 2015 to USD 8.72 Billion by 2026, at a compound annual growth rate (CAGR) of 7.1% from 2016 to 2026.

The pipeline monitoring systems market is expected to witness high growth as a result of 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 upgradation 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.

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Ultrasonic technology sector to gain maximum traction during the forecast period

The ultrasonic technology segment dominated the market in 2015; however, smart ball technology is projected to be the fastest-growing technology in the next ten years. This could be attributed to the easy deployment of these balls through pipelines with long inspection capability from single deployment. The growth in demand for ultrasonic technology in the pipeline monitoring systems sector is because it is preferred by many oil & gas companies to detect small and large leakages.

In 2018, the North American market accounted for the largest share of total market of pipeline monitoring systems, in terms of value, followed by Europe. However, the Asia-Pacific region is projected to grow at the fastest rate than Europe in the pipeline monitoring systems market. Markets in developing countries such as China, India, Japan, Australia, and countries in the Middle East are projected to grow at a higher rate. This is because of the high population in these country, along with new pipelines under construction, which will increase the demand for pipeline monitoring systems.


The global market for pipeline monitoring systems is dominated by major manufacturers of pipelines and monitoring systems. Siemens AG (Germany), Honeywell International Inc. (U.S.), BAE Systems (U.K.), Perma Pipes (U.S.), Transcanada (Canada), PSI AG (Germany), Pure Technology (Canada), Orbcomm Inc. (U.S.), Huawei (China), and Pentair PLC. (U.K.) are the major manufacturers of pipelines and monitoring systems in the pipeline monitoring systems market. Other players include Atmos International (U.K.), Clampon AS (Norway), ABB Group (Switzerland), Future Fibre Technologies (Australia), Senstar Inc. (Canada), Syrinix (U.K.), Radiobarrier (Russia), TTK (France), Krohne Group (Germany), and Thales Group (France). These companies use various strategies such as mergers & acquisitions, expansions, new product launches, and partnerships to strengthen their position in the market.


Plumbing Fixtures Market worth $139.4 billion by 2027

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.  

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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 better technology in homes. The residential market is projected to grow at the highest rate due to the rise in new and existing housing completions. Furthermore, the non-residential segment is projected to be the second fastest-growing end-use industry due to the rising demand from commercial buildings such as hotels, gyms, and spa resorts.

Plastics as a raw material to play a key role in the plumbing fixtures & fittings market

The report defines and segments the plumbing fixtures & fittings market on the basis of raw material into vitreous china, metal, and plastics. The vitreous china segment is projected to contribute the largest market share as it is the most economical material for domestic fixtures such as toilet bowls, urinals, and washbasins. Plastic plumbing fixtures & fittings, made from a wide range of polymers such as fiberglass, cast polymer, and acrylic, is projected to grow at the highest rate from 2018 to 2027.

Asia-Pacific is projected to have the largest market share and dominate the plumbing fixtures & fittings market from 2016 to 2021. Asia-Pacific offers potential growth opportunities; developing countries such as China and India are projected to be emerging markets, making the Asia-Pacific region the fastest-growing market for plumbing fixtures & fittings. The growth of the plumbing fixtures & fittings market in this region is driven by factors such as the growth in the construction of the residential and non-residential buildings. Also, the growing population and economic development are other factors driving the growth of this market.

Factors such as fluctuations in raw material prices act as a restraint for the growth of the market. The global market for plumbing fixtures & fittings is dominated by players such as Geberit AG (Switzerland), Kohler Co. (U.S.), Jacuzzi Inc. (U.S.), Masco Corporation (U.S.), LIXIL Group Corporation (Japan), Fortune Brands Home & Security, Inc. (U.S.), TOTO Ltd. (Japan), and Roca Sanitario, S.A. (Spain). Other players in the market are Elkay Manufacturing Company (U.S.) and MAAX Bath Inc. (Canada). These players adopted various strategies such as new product developments, acquisitions, agreements, partnerships, and expansions to cater to the needs of the plumbing fixtures & fittings market.

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New Product Launches, Expansions, Mergers & Acquisitions, and Partnerships are Some of the Major Strategies Adopted by the Market Players to Achieve Growth in the Ceramic Tiles Market.

Ceramic tiles can be defined as a ceramic surface unit, made from clay or a mixture of clay and other ceramic materials which find applications in floors, walls, and roofs. It plays a vital role in enhancing the aesthetics of residential and commercial construction. The ceramic tiles market is estimated at USD 227.89 Billion in 2018 and is projected to reach USD 320.06 Billion by 2023, at a CAGR of 7.03%. The demand for ceramic tiles is expected to be driven by factors such as their ease of maintenance, high durability, water & moisture resistance, and aesthetic appeal. Therefore, they find application in several residential as well as non-residential spaces.

The ceramic tiles market is led by major players such as Mohawk Industries (US), Siam Cement (Thailand), Grupo Lamosa (Mexico), Kajaria Ceramics (India), and China Ceramics (China). Extensive product portfolio, coupled with a network of facilities across the globe, contributes toward the leading position of these market players. These players have adopted various strategies to expand their global presence and increase their market share. New product launches, expansions, mergers & acquisitions, and partnerships are some of the major strategies adopted by the market players to achieve growth in the ceramic tiles market.

The duration 2014-2018 witnessed several new product launches in the ceramic tiles market by key players in order to strengthen their product portfolio and cater to the new application areas. Mergers & acquisitions were the second-most adopted key strategies by market players to expand their geographical reach and enhance their manufacturing capabilities. The increase in demand for ceramic tiles with the rise in construction activities in emerging markets has encouraged companies to adopt these strategies.

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Mohawk Industries is one of the key manufacturers of ceramic tiles. Its extensive ceramic tiles product portfolio caters to a variety of application areas in the construction industry. The strong global presence and adoption of growth strategies such as mergers & acquisitions and expansions have ensured its leading position in the market. The acquisition of KAI Group (Bulgaria) in 2015 has further strengthened its market presence and product portfolio in Europe.  In June 2017, the company expanded its ceramic tiles manufacturing operations in Dickson, Tennessee by opening a second plant. This expansion is expected to support the demand for Mohawk’s commercial ceramic tiles.

Grupo Lamosa is a manufacturer and distributor of ceramic products for wall and floor coverings in North America, South America, and Central America. It operates through ceramic (floor & wall tile) and adhesive segments. The increasing demand for ceramic tiles has led the company to expand its facilities to provide efficient services. It aims at the consolidation of its position in the global ceramic tiles market through a number of strategic acquisitions. For instance, in 2016, the company acquired Cerámica San Lorenzo (Argentina), a manufacturer and distributor of wall & floor tiles for USD 230 million. The acquisition helped Grupo Lamosa strengthen its presence in South America.

Related Reports:

Ceramic Tiles Market by Application (Floor, Wall, and Roof), Construction Type (New Construction, and Renovation & Replacement), End-use Sector (Residential, and Non-residential), and Region (North America, Europe, APAC) – Global Forecast to 2023