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Construction Projections and Forecasts-May 2018

Construction Projections and Forecasts (May 2018)

Here are useful, recent construction-related projections and forecasts: 

Global Architectural Coating Market Revenue to Register CAGR of 5.9% Over Next 10 Years

A new research report is titled, "Global Architectural Coating Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester, and Others), by Technology Type (Water Based and Solvent Based), by Application (Residential and Non-Residential) - Global Forecast to 2026." It examines the architectural coating market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2017-2021) is projected to be over US$ 320 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period.


Global Construction Machinery Market to Grow at a CAGR of 8.07% during the Period 2018-2022 

Technavio's report, “Global Construction Machinery Market 2018-2022,” presents the market analysis of various machineries that are widely used in construction industries worldwide. The global construction machinery market includes: wheeled loaders, crawler excavators, skid-steer loaders, backhoe loaders, cranes, conveyor systems, hoists, forklifts, and graders.


Global Construction Sealants Market to Grow at a CAGR of 5.91% during the Period 2017-2021

Technavio's report, “Global Construction Sealants Market 2017-2021,” presents sealants used in the building and construction industry for waterproofing, window and door sealing, bathroom sealing, roof sealing, and fireproofing. The global construction sealants market is segregated based on the type of resins.


67.2 million Residential Buildings (57% of the total) are Suitable for Solar PV

The National Renewable Energy Laboratory (NREL) has found that more than half of U.S. residential buildings are suitable for solar power. This potential could generate up to 75% of residential energy consumption, according to NREL's study.


Powder Coatings’ Demand in Emerging Economies to Propel the Global Market toward $10 Billion by 2023

Frost & Sullivan's recent analysis, “Global Powder Coatings Market, Forecast to 2023,” finds developing markets such as Asia-Pacific (APAC) and Rest-of-the-World (ROW), following the footsteps of developed markets, such as North America and Europe, are increasingly replacing liquid coatings with powder coatings.


Construction Equipment Rental Market to Reach $140 Billion by 2024 

Global Market Insights’ report “Construction Equipment Rental Market,” states increasing residential and commercial construction projects globally are anticipated to drive the construction equipment rental market. Improving standards of living and increasing disposable income of people across the emerging economies have led to increased investments in malls and amusement parks, generating demand for the rental industry. Rising reconstruction activities in the U.S. followed by the aging infrastructures are propelling the need to replace it with sturdy structures is propelling the growth of around 3.5% CAGR in the U.S. construction equipment rental market growth. The demand for modernized structures has paved way for smart buildings and smart cities, compelling various regional governments to heavily invest in the infrastructure development.

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