The Asia Pacific region accounted for the largest share of the perlite market

Perlite is a type of naturally occurring siliceous volcanic rock with a pearly luster formed by the cooling of molten lava. When it is heated to a suitable temperature, it expands 4–20 times of its original volume. This expansion is due to the presence of water in perlite, which when heated, gets vaporized to form tiny bubbles, thereby providing excellent insulation, lightweight, and durability properties. Hence, perlite finds application in construction, horticulture & agriculture, industrial, pharmaceuticals, food products, personal care products, and water treatment, among others. MarketsandMarkets projects that the perlite market, in terms of value, will grow from USD 1.51 Billion in 2017 to USD 2.20 Billion by 2022, at a compound annual growth rate (CAGR) of 7.78%. The increase in demand for perlite from the construction and agriculture & horticulture sectors drives the growth of the perlite market.

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Asia Pacific contributes a major market share in the global perlite market. Due to the increasing industrialization as well as the large population in China, Japan, and India, these countries are experiencing high demand for building & construction. The rapid urbanization in these countries demands faster and cheaper construction of buildings and facilities without compromising on quality. The increasing government investments in infrastructural constructions provide the potential for the growth of the perlite market in these countries.

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.

The key 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). These players have adopted acquisitions and expansions as the key growth strategies to expand their global presence and increase their market share.

Keltech Energies focuses on maintaining a presence throughout the construction value chain through urban planning, property development, and financial engineering; and develops sustainable buildings that take into consideration the technical, environmental, and social issues related to the project. In 2016, Keltech Energies started a new manufacturing plant in Vishwasnagar, Karnataka, India, with all the advanced technologies from Showa Chemical Industry Co, Ltd. (Japan), a leading provider of filter aid solutions. This plant increased its capacity to produce an additional 10,000 tons of filter aids per annum.

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Asia-Pacific to play a key role in the market for fiber cement

The report “Fiber Cement Market by Material (Portland cement, Sand, Fiber, And Other Materials Including Paints and Additives), Application (Siding, Roofing, Molding & Trim, and Other Applications), End-Use (Residential and Non-Residential) – Forecast to 2021″, 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.

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On the basis of key regions, the market for fiber cement is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The Asia-Pacific region is the most attractive market for fiber cement. Rising economy and rapid growth in the infrastructure sector in this region have significantly impacted the growth of fiber cement. This region is projected to see the highest number of new constructions and infrastructural activities in the near future.

Favorable and lenient lending policies initiated by governments across all regions are one of the major factors driving this sector. Durability and aesthetics of fiber cement for applications such as siding and roofing have made them a popular choice in the residential construction market.

Etex Group NV (Belgium) held the leading position in the global fiber cement market. The company has maintained its leadership position through its strong distribution network across Europe, Americas, and emerging markets. The company is among the leading manufacturers of products for many of the markets it serves. Etex Group NV expanded its fiber cement business in Indonesia by inaugurating a new factory in Karawang. The company strengthened its position in the emerging Asia-Pacific region with this expansion, which costed the company more than USD 70 Million.

The global market for fiber cement is dominated by large players such as Etex Group NV (Belgium), James Hardie Industries PLC (Ireland), Evonik Industries AG (Germany), Compagnie de Saint Gobain SA (France), and Toray Industries Inc (Japan). Other players in this market include CSR Limited (Australia), The Siam Cement Public Company Limited (Thailand), Nichiha Fiber Cement (Japan), Plycem USA, Inc. (U.S.), and Cembrit Holding A/S (Denmark).

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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In-depth Analysis of the COVID-19 Impact on Rainscreen Cladding Market

The rainscreen cladding market is projected to grow from USD 10.1 billion in 2019 to USD 14.3 billion by 2024, at a CAGR of 7.1% from 2019 to 2024. Rainscreen cladding market is expected to grow in accordance with the growth of the construction industry across the globe. Factors such as increase in the residential and non-residential construction and innovation as well as remodeling activities, along with the demand for durability of rainscreen cladding with the ability to withstand various weathering actions and resist chemical attacks & deterioration are expected to support market growth during the forecast period.

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The new construction segment held the largest market share among all the construction of rainscreen cladding as it is affordable and is installed in regions having extreme weather conditions. It is a traditional glue-down cladding material which inherits several properties such as durability, flexibility, ease installation, and budget-friendly. The demand for the new construction segment is driving due to its properties, making it a preferred constructional type of rainscreen cladding for the residential as well as commercial application. The renovation segment is considered suitable for almost all applications such as builder, multi-family, residential, and commercial.

This research Study categorizes the market based

On the basis of material

Composite Materials
Metal
Fiber Cement
HPL
Others

On the basis of region

North America
Europe
Asia Pacific
Middle East & Africa
South America

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In terms of value, the Europe region is projected to lead the rainscreen cladding market from 2019 to 2024 due to the strong demand from countries such as UK, Germany, France, Russia, and Italy. This demand in these mentioned countries is due to the tremendous growth of the construction opportunities in these countries. The market is also driven by the increasing number of new housing units and huge investments in the infrastructural sector.

Key players such as Kingspan Insulation (UK), SIKA (Switzerland), Rockwool International A/S (Denmark), Everest Industries Limited (Denmark), SFS Group AG (US), Sotech Architectural Façade (UK), Promat UK Ltd (UK) and Interface (US) adopted these strategies to strengthen their product portfolios, expand their market presence, and enhance their growth prospects in the rainscreen cladding market.

Pipeline Monitoring System Market- Competitive Landscape Analysis And Forecast To 2024

Pipeline monitoring is a single system that detects smaller leaks or damages in pipelines securely and more reliably, while, simultaneously, monitoring them for third-party interferences and other external threats to prevent leaks. MarketsandMarkets projects that pipeline monitoring system market size will grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2024, at a compound annual growth rate (CAGR) of 7.1% from 2019 to 2024. The increase in demand for pipeline monitoring systems for crude & refined oil is driving the growth of the pipeline monitoring system market.

Key players in the pipeline monitoring system market are 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.) and Huawei (China). Other players include Atmos International (U.K.), Clampon AS (Norway), ABB Group (Switzerland), Future Fiber Technologies (Australia), Senstar Inc. (Canada), Syrinix (UK), Radiobarrier (Russia), TTK (France), Krohne Group (Germany.), and Thales Group (France). These players have adopted various strategies to expand their global presence and increased their market share.

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The pipeline monitoring system market has witnessed several strategies, such as expansions & investments, agreements, and contracts & partnerships, in 2018, by key players, who have used them to expand their product & service portfolio and improve their distribution networks. New product developments, merger & acquisitions, were the second-most adopted key strategies that were followed by market players to expand their product portfolios and for geographical reach to untapped markets.

Siemens AG (Germany) provides integrated pipeline monitoring systems that are based on access control, intrusion detection, and video surveillance systems, which help to monitor pipeline systems from remote locations. All systems are controlled by one or more central control rooms, which provide end-to-end pipeline monitoring solutions. In December 2017, Pipeline 4.0 was launched by Siemens to meet the evolving needs of North American midstream operators in the oil & gas industry. Through this launch, the company would provide an integrated approach to the supply of material, pipeline life cycle optimization, and engineering of pipeline assets.

Honeywell International Inc. (U.S.) is engaged in the supply and manufacturing of products and services in different sectors, such as industrial process control, transportation, oil & gas, refining, petrochemicals, and biofuels, which include pipeline monitoring systems. In 2018, the company made technology-oriented acquisitions with Ortloff Engineers, Ltd. (Texas), which would develop highly proprietary technology to enable maximum separation of gas and gas liquids.

Asia Pacific is expected to hold the largest market size in the ceramic tiles market

The ceramic tiles market size is estimated to grow from USD 227.9 billion in 2018 to USD 320.1 billion by 2023, at a CAGR of 7.03%. The report “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″ The market is projected to witness steady growth in the next few years, due to the rise in new construction activities resulting from rapid industrialization and urbanization. Increase in investments in the construction industry, the rise in population, and growing focus toward interior decoration

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Asia Pacific is estimated to account for the largest share of the market in 2017. The large share of this region can be attributed to the growing construction industry, supportive government policies & plans, and rapid urbanization. Among all countries in the Asia Pacific region, the ceramic tiles market in India is projected to grow at the highest CAGR during the forecast period. The Middle Eastern & African market is projected to be the second-largest market during the forecast period.

The residential segment is projected to be the faster growing segment during the forecast period owing to the growing demand for aesthetic ceramic tiles and growing trend toward interior decoration. Housing renovation and maintenance have increased steadily in the recent past and are expected to further increase in the coming years, owing to the increasing disposable income of the population. All these factors are expected to fuel the demand for ceramic tiles in the residential sector.

Ceramic tiles are used in various construction types such as in new construction and replacement & renovation activities. The new construction segment is projected to dominate the ceramic tiles market, in terms of value, through the forecast period. It is easier and more cost-efficient to install ceramic tiles in new constructions than in replacement & renovation activities.

The growth of the ceramic tiles market is hindered by the volatility in the prices of raw materials. Fluctuations in the prices of raw materials such as silica sand, kaolin, feldspar, and bentonite increase the capital involved in the entire manufacturing process of ceramic tiles. Rising costs and unexpected deviations in raw material prices destabilize the supply chain and render it difficult for manufacturers to sustain in the competitive ceramic tiles 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 Metric	Details
Market size available for years	2017-2024
Base year considered	2018
Forecast period	2019–2024
Forecast units	Value (USD)
Segments covered	Equipment, Product, and Region
Regions covered	North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered	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), 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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The Asia Pacific pre-engineered buildings market is projected to register the highest CAGR

Asia Pacific accounted for the largest share in 2018 and is also projected to record the highest growth rate during the forecast period. The growth in the Asia Pacific region can be attributed to the increasing demand for pre-engineered buildings from the growing non-residential construction and infrastructural development in the region. The major demand for pre-engineered buildings in the region is contributed by India and China, owing to the growing population, economic growth, government investments, and demand for low-cost green buildings. Furthermore, foreign investors are setting up their factories and distribution centers in the developing countries of Asia Pacific owing to cheap labor, trade liberalization, and favorable government policies, further boosting the pre-engineered buildings market growth. This acts as an opportunity for the pre-engineered buildings manufacturers and suppliers.

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.

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The warehouses & industrial segment is projected to grow at the highest CAGR during the forecast period. This is attributed to the development of factories, production plants, R&D centers, and warehouses, because of the growing manufacturing sector and industrial expansion in developed and developing regions. Further, the growth of the retail and e-commerce industry generates the demand for warehouses, supermarkets, and distribution centers, thereby supporting the pre-engineered buildings market growth.

The demand for single-story pre-engineered buildings is driven by their wide range of applications in the industrial sector (factories, workshops, warehouses, cold storages, steel mills, and assembly plants), the commercial sector (showrooms, supermarkets, offices, shopping centers, exhibition halls, restaurants, logistic centers, and multi-purpose buildings), public buildings (schools, hospitals, conference halls, laboratories, museums, and stadiums), and others (farms, utility centers, pump stations, aircraft hangers, and airport terminals).

The key players operating in the pre-engineered buildingsmarket include 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 have adopted various growth strategies to expand their global presence and increase their market share.

Kingspan Insulation Ltd (UK) and Sika AG (Sika) (Switzerland) are the Key Players in the Rainscreen Cladding Market

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.

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The rainscreen cladding market has been dominated by large players such Kingspan Insulation (UK), SIKA (Switzerland), Rockwool International A/S (Denmark), Everest Industries Limited (Denmark), SFS Group AG (US). These players have adopted various growth strategies such as expansions, investments, new product developments, acquisitions, partnerships, agreements, and joint ventures to increase their market shares and enhance their product portfolios.

The strategies of expansion and acquisitions accounted for the largest share of all the strategic developments that took place in the rainscreen cladding market between January 2017 and March 2019. Key players such as Kingspan Insulation (UK) and Sika (Switzerland), have adopted these strategies to strengthen their product portfolios, expand their product portfolio, and enhance their growth prospects in the rainscreen cladding market.

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Kingspan Insulation Ltd (UK) is one of the key players in the manufacturing of fabricated & high-performance insulation as well as building envelope solutions. The company operates through its five business segments, namely, insulated panels, insulation boards, data & flooring technology, light & air, and water & energy. Its extensive product portfolio includes architectural façade , structural framing, metal facades, insulation boards, building services insulations, engineered timber , daylighting, smoke management, micro-wind , ventilation , energy storage solutions, and insulated panels. The company operates in the rainscreen cladding market via architectural façade . The company has more than 129 manufacturing sites and is present across more than 70 countries worldwide.

Sika AG (Sika) (Switzerland), is one of the global leaders in the specialty chemicals industry and operates through two business segments, namely, construction and industrial manufacturing. The company produces concrete & mixtures, mortar, sealants & adhesives, tooling resins, anti-static industrial flooring, and acoustic material. Under the construction segment, the company offers products and solutions for building components, cement industry, concrete technology, concrete refurbishment, elastic bonding, flooring & coating, gypsum & dry mortar, joint sealing, roofing, structural bonding, tiling , and waterproofing. The industry segment includes automotive, automotive aftermarket, building components, general industry, marine, renewable energies, and transportation industry. Sika AG has a presence in more than 50 countries, including Germany, India, Brazil, Chile, Morocco, and Australia, across five continents. Sika has subsidiaries in 95 countries worldwide and over 170 factories.

The roofing segment is projected to play a key role in the fiber cement market

MarketsandMarkets projects that the market for fiber cement will grow at USD 17.38 billion by 2021, at a CAGR of 4.80%. The market for fiber cement is segmented on the basis of material into Portland cement, sand, cellulosic fibers, and others. Portland cement dominated the market. However, the market for cellulosic fibers is projected to grow at the highest rate. With the emergence of new technologies, manufacturers are looking for advanced techniques to make fiber cement more effective.

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The siding segment is estimated to account for the largest share in the fiber cement market, on the basis of application and this trend is projected to continue during the forecast period. Fiber cement siding improves the aesthetic appeal of the buildings, making them look more expensive. Other applications such as molding & trim and roofing are projected to show potential growth. In fact, fiber cement roofing is projected to be the fastest growing application during the forecast period. Growing construction industry and strict regulations against the use of asbestos cement are important factors driving the market for fiber cement.

On the basis of end use, the residential segment held the largest share, in 2015 and is projected to grow at the highest rate during the forecast period. This is primarily due to favorable and lenient lending policies initiated by governments across all regions. Also, the residential construction spending is estimated to go up, particularly in the emerging Asia-Pacific and Latin American regions. Fiber cement products’ aesthetic appeal, along with properties such as durability and low maintenance, has also driven the residential sector.

Among regions, Asia-Pacific is projected to grow at the highest rate during the forecast period. Growing economy and rapid growth in the infrastructure sector in the Asia-Pacific region have significantly impacted the growth of fiber cement. The North American region, which is seeing a rebound in its residential construction sector, is projected to be the second-largest market.