Rotary Scroll Air Compressor Market Emerging Trends and Growth Factors Analysis over 2019 – 2024

The report presenting a comprehensive exploration of the global Rotary Scroll Air Compressor Market encloses the rate of growth of the market over the projected duration. Providing a concise synopsis, the report determines the valuation and size of the Rotary Scroll Air Compressor industry in the near future.

Growing demand for residential air conditioning systems driven by rising temperatures and thriving construction industry will propel the rotary scroll air compressor market over the forecast timeframe. The number of chronic diseases is increasing and generating huge demand for medical systems & equipments. This in turn will spur the overall market growth by 2025. Moreover, need for compliance to government regulations such as NFPA 99 will support the market expansion. Importance to maintain sterile environments in pharmaceutical industry will boost the rotary scroll air compressor market share in coming year.

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Rotary scroll air compressors are widely used in food and beverage industry for food processing and packaging applications, they provide clean and dry air to ensure the product quality. Increasing population, changing lifestyles and time constraints for meal preparation in urban families are leading to the surge in demand of ready-to-eat food & beverage products, thus exhibiting promising future trends for the market. The product will gain popularity due to continuous operations, low noise & vibration levels and energy-efficient operations in upcoming years.

High purchasing cost associated with the product may hinder its market growth over the forecast period. Additionally, stiff competition from screw and piston compressors in heavy duty applications will restrain the product market growth over the coming years.

Rotary scroll air compressor market is segmented into sub-categories on the basis of lubrication and application. Based on lubrication, the market is classified into oil-free and oil-filled. Oil-free segment is expected to grow with a CAGR more than 3% owing to increasing demand from home appliances, medical & pharmaceutical industry and food & beverage industry. Oil-filled segment will clutch over 10% volume share by 2024.

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Based on application, the rotary scroll air compressor market is divided into home appliances, food & beverage, medical & pharmaceutical, automotive & transportation, biotechnology and others. Others include semiconductor & electronics, commercial printing, etc. Food & beverage segment is poised to grow with a CAGR more than 3% due to changing consumer’s preferences to buy convenience foods rather than making traditional long cooked meals.

Asia Pacific region will be a major market for rotary scroll air compressors as the demand of processed foods is increasing due to rising population especially in countries such as China and India along with increasing purchasing power. The upsurge in the demand for air conditioning systems from residential and commercial buildings will upscale the product demand in future. North America will capture more than a tenth of the global revenue share due to favorable trends associated with medical & pharmaceutical industry.

The prominent players in rotary scroll air compressor market share are Atlas Copco, Gardner Denver, Inc., Boge Compressors, Emerson Climate Technologies, Inc., Sullair, LLC, Ingersoll-Rand plc., etc.

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Dump Truck Market by Application, Deployment Mode and Region overview during 2019 – 2025

The qualitative research study introduced by Global Market Insights on Dump Truck Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Dump Truck market.

The rapid technological developments and the introduction of autonomous features to newly-developed machines are driving the dump truck market growth. Self-driving trucks are beneficial for mining & construction companies to eliminate human errors occurring due to tiredness and increased productivity at sites. For instance, in September 2016, Komatsu announced the launch of its new driverless & autonomous rigid truck, which eliminated the cab for weight reduction and improved efficiency. The industry is also witnessing a development of less-polluting machines with engines based on Tier 4 emission regulations that are adopted across the globe. These machines are gaining a high demand from application industries to reduce pollution & emissions levels and control carbon levels.

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Rigid models are gaining a high demand from application industries due to their ability to move at high speeds in both loaded & unloaded conditions, developing the dump trucks market. These vehicles are ideal for well-balanced haul roads and can be hauled across long distances as compared to articulated models. These rigid machines have huge bodies for quarry applications with large shock-absorbing abilities, attributing to the dump truck market growth.

The frame designs are resistant to bending & torsional loads and supports high payload, providing better operations in mining operations. These trucks are designed to handle ore, shale, and large rocks and offer high-cost efficiency over articulated machines. For instance, in May 2018, Hitachi Construction Machinery announced the launch of its new rigid dump truck, EH5000AC-3, which includes a trolley system, promoting the usage in large-scale & complex mining operations.

The growing construction of new structures globally, such as skyscrapers, business complexes, and smart cities, to serve the increasing population needs is driving the dump truck market growth. The major applications of these machines include transportation of loose materials, such as dirt, gravel, and sand, for construction operations, eliminating the need for several small trucks.

The rapid expansion of the building & construction industry in Asian countries, such as India, China, South Korea, Singapore, etc., due to the robust manufacturing sector and high population is a major driver for the dump truck market. The demand for high-quality & efficient construction equipment is growing in order to complete projects on time and eliminate the harmful effects caused by emissions. Additionally, the electric-based operational capabilities in new trucks is a major factor for the demand from contractors and construction companies.

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The increasing recycling & waste management activities across all industry verticals in North America are adding up to the tipper truck market growth. These machines are increasingly used in recycling projects to transfer waste materials from dumping grounds to factories. Moreover, the availability of trained & skilled drivers in the U.S. is also a major factor supporting the dump trucks market development. Due to high demand from both construction & mining applications in the U.S., manufacturers from other regions are entering the North America tipper trucks market. For instance, in May 2017, BELAZ announced its entry to the North American market by setting up an office in Ontario. The company intends to sell its trucks in the North & South American countries and compete with the existing players.

The prominent players in the dump truck market include Volvo Trucks, Caterpillar, Komatsu Ltd., XCMG Group, Hitachi Construction Equipment, Doosan Group, Terex Trucks, Deere & Company, and Liebherr Group. Manufacturers are focused on providing technically-developed machines with automated hauling systems and new drivelines to increase the efficiency in complex operations.

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Conveyor Belt Market 2019 – 2025 | Industry Segments, Trends and Regional Analysis

The qualitative research study introduced by Global Market Insights on Conveyor Belt Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Conveyor Belt market.

Developing nations are observing robust industrialization due to presence of huge consumer base with rising per capita incomes along with their respective governments implementing policies to attract foreign investments to boost the mining and manufacturing sectors. These are the primary reasons propelling the conveyor belt market growth over forecast time period. The product is majorly used for material handling purposes in different sectors such as mining, cement production, steel & iron, etc. and can transfer large volume of materials in all directions with ease. The product is an ingenious way to increase productivity in industries and to reduce labor cost.

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High maintenance cost due to mechanical damages, wear and tear, etc., and huge capital investment in order to setup the manufacturing facility of conveyor belts will somehow discourage the new entrants in conveyor belt market hindering the overall growth trend to some extent.

By material, the polymers segment is further classified into polyester, nylon and others which include thermoplastics, synthetic rubbers, aramid fibers, etc. The demand for polymer conveyor belts is expected to remain high due to their exceptional impact resistance and tensile strength. The polymer segment will witness growth rate of around 3.5% from 2019 to 2025.

Based on product, cleated conveyor belts will likely hold a share of around 10% in the conveyor belt market in 2025. These types of conveyors feature vertical cleats or barriers in their designs which help them to keep the materials secure during declines and inclines. These types of belts are majorly used in general manufacturing, scrap recycling, etc.

Middle East & Africa will witness a decent growth rate of close to 3.5% over the forecast spell in the overall market. The region has huge resources of minerals and government of various developing nations in the region are formulating policies and strategies to boost industrial development activities.

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On the basis installation, the conveyor belt market is bifurcated into portable and stationary. Portable conveyors show decent growth rate of about 4% as these are used for construction projects, at airports for loading and unloading luggage, and also for rescue conveyor systems. They have a lower market share as they are applicable only in limited number of areas.

On application basis, there are light, medium and heavy weight conveyor belts. Light weight or light duty conveyor belts are majorly used in food & beverage and packaging sectors. This segment will hold a substantial share of over 20% in 2025, growing at a decent rate over the forecast time period.

Food & beverage industry will witness the fastest growth rate due to wide range of applications in various food processing, packaging and conveying systems. Rising demand for packaged food will lead to a segment CAGR of around 4.5% from 2019 to 2025.

Some of the prominent industry players in the conveyor belt market are Fenner Dunlop, ContiTech AG, Zhejiang Double Arrow Rubber, Bridgestone Corporation, Bando chemicals, Forbo, The Yokohama Rubber, Ammeraal Beltech, Sempertrans Conveyor Belt Soultions,Nitta Corporation, etc.

 

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Home Improvement Market Growth Drivers & Future Opportunities during 2019 – 2025

The qualitative research study introduced by Global Market Insights on Home Improvement Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Home Improvement market.

Trend towards improving energy efficiency owing to favorable government policies and necessity to reduce the electricity costs is driving the home improvement market growth. Many countries such as the U.S., China, Japan, India, and European countries offer tax credits as part of their green building regulations.  Developed countries in Europe and North America are most willing to invest in sustainable solutions for the homes. For instance, the “Renovate Europe” campaign is enhancing the need to reduce energy bills.

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Similarly, lower lending rates coupled with increasing land costs is surging the home improvement market development. The other key aspects contributing to rise in demand includes rapid urbanization, internal & external migration, increasing employment, and economic growth in a country. For instance, as per World Bank, the global urban population has increased from 51.7% in 2010 to 54.8% in 2017.

Features such as technological advancements and design innovations in the form of new materials, color & durable finish options will generate notable gains over the forecast timeframe. Further, surging demand among the consumers pertaining to fire-rated building products such as windows and doors due to rise in count of fire incidences will create new home improvement market growth opportunities.

DIY home improvement market is forecast to register over USD 680 billion in 2025. Developed regions including North America and Europe accounted for around 85% of the segment revenue in 2017. The presence of necessary skills in consumers for carrying out the home improvement work is among the key factors propelling the market growth. Also, manufacturers offer smart home improvement kits to assist the DIY consumers. Furthermore, presence of large DIY stores along with penetration of ecommerce sales channel will create long-term positive impact.

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North America home improvement market was valued at over USD 460 billion in 2018. Growth in demand is expected majorly due to stringent green building regulations, rising electricity expenses, growth in internal migrations, and high household spending. Also, manufacturers have constantly focused on technological advancements, design innovations, and improving the product quality, and adhering to the changing trends such as offering ecofriendly products. Further, the lending rates in the region are comparatively lower and the property prices are increasing, thus supporting the home improvement market advancement.

The global home improvement market share is highly competitive with presence of large count of global manufacturers and regional players. The key industry participants include ABC Supply, Dow Building Solutions, Kohler Co., Builders First Source, 3M, The Home Depot, Andersen Corporation, Fortune Brands Home & Security, GAF Materials Corporation, Oldcastle Building Products, JELD-WEN, Hanley Wood LLC, and Ferguson Enterprises. The key strategies observed among the key industry players include merger & acquisitions, strategic R&D investments on product innovations, distribution channel expansion, and improving the services. For instance, in May 2017, Kohler Co. launched KOHLER Experience Centers (KEC) to enhance their distribution network and improve consumer service.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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Stone Crushing Equipment Market Upcoming Growth Opportunities & Future Benefits during 2019 – 2025

The qualitative research study introduced by Global Market Insights on Stone Crushing Equipment Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Stone Crushing Equipment market.

North America stone crushing equipment market growth is expected to grow at over 7% CAGR from 2019 to 2025. It can be attributed to the several ongoing & upcoming skyscrapers projects followed by the increasing infrastructure investments in the U.S. and Canada. As per the data revealed by The Associated General Contractors of America, Inc., the construction spending of public & private sectors in the U.S. registered USD 1.329 trillion during 2018. Within the private construction sector, spending for residential projects increased to 6.4 percent and 3.5 percent for non-residential projects.

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The growing construction spending will surge the demand for stone crushing equipment in the region. The presence of established players, such as Terex Corporation and Astec Industries, will provide advantages to the market growth in the region. The growing expenditure on road and highway construction across the North American region will contribute to the stone crushing equipment market growth. The increasing government spending on infrastructure development of Brazil and Mexico is contributing to the growth of the construction sector which will provide lucrative growth opportunities to the players operating in the market.

Growing infrastructure & construction activities across the globe and the resultant utilization of equipment for crushing stones are contributing to the stone crushing equipment market growth. Rise in mining activities in the U.S. and Canada are increasing the utilization of stone crushers due to their ability to crush ores, minerals, and rock efficiently. These machines are majorly located near construction projects where it is required on a larger scale. The utilization of mobile crushers is advantageous to the construction & mining industry due to the low cost of transportation. The leading players are striving toward designing electric mobile jaw crushers that will help in delivering maximum productivity with low cost of transportation.

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The emissions during mining, screening, and crushing operations will pose challenges to the stone crushing equipment market growth over the forecast timeline. During crushing operations, the generation of dust emissions is inherent, and the emissions are the most common at crusher feed and discharge points. Additionally, the dust adversely affects visibility at sites and creates health hazards to workers as well as the surrounding population by causing respiratory diseases. To reduce harmful emissions, crushers shall be covered with galvanized iron sheets and water sprinkler system shall be provided on these machines to suppress the dust generated due to material handling activities.

Prominent players in the stone crushing equipment market are Sandvik AB, Terex Corporation, Komatsu Ltd., Mesto Oyj, Eagle Crusher Company, Inc., Astec Industries, IROCK Crusher, and Thyssenkrupp. Partnerships and strategic joint ventures are among the prominent strategies adopted by the leading players for improving their market share. Additionally, the companies are offering advanced products to deliver high performance and quality while crushing.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Painting Tools Market 2019 – 2025 | Growth Outlook with Industry Review and Forecasts

The qualitative research study introduced by Global Market Insights on Painting Tools Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Painting Tools market.

Increasing infrastructure projects along with steady support from public private partnerships are among the major driving factors for growth in the construction industry which in return will drive the overall painting tools market size. Increasing needs for houses along with investment regarding infrastructure development is estimated to fuel the industry growth. Rising smart cities demand and increased construction expenditure for economically stabilizing countries is expected to propel the painting tools market expansion.

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Population growth, environmental impacts and urbanization has up surged the need for smart and sustainable infrastructure solutions. For instance, global construction industry is set to grow at around 2.8% up to 2021. In addition, providing efficient building methods coupled with ability to offer effective integration, planning and designing, are the major factors further propelling the painting tools market growth. This has resulted in demand for painting brushes and rollers as they are widely used in painting houses.

Rising awareness among people about the major link between infrastructure and quality of life may has resulted in a major public policy shift, thus driving painting tools market in the major demographic regions. An upsurge in the applications of paints & coatings on the consumer electronic products will fuel the industry demand. Rapid technological advancements pertaining to new & improved designs of the painting tools along with significant R&D investments by the key players will proliferate the business share. However, lack of availability of the skilled labor and rising labor costs in the developed economies such as China, U.S., UK, and Canada may hamper the overall trade across the globe.

Painting tools market from residential construction is anticipated to witness over 6% growth in terms of revenue up to 2025. Growing population, increasing regulatory support from various government bodies, and surging incorporation of the green technologies in the building projects will enhance the segment scope in the market. Additionally, rising popularity of the multi generation suites in the new home construction sector along with extra kitchen in the apartment will further propel segment growth in the overall painting tools market share.

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Europe accounted for over USD 2 billion in the overall painting tools market in 2018. Surging product demand from professional craftsmen in the architectural industry and quality minded home improvement enthusiasts will propel the industry expansion. In addition, rising demand from the decorative paints segments along with general industrial applications will further enhance the overall painting tools market growth across the region. Moreover, shifting consumer preferences towards the aesthetics and designs of the walls in the residential and commercial buildings will promulgate the market share.

Gordon Brush, Asian Paints, Nespoli Group, Dura Paints, and Anderson Products are among the major manufacturers in the business. Global painting tools market share is highly competitive with the presence of major multinational corporations. The key manufacturers are involved in numerous production capacity expansions, mergers & acquisitions, new product launches, and long-term agreements to gain a competitive edge over other players. For instance, on 21st March 2019, Gordon Brush announced the acquisition of Spectrum Paint Applicator Corp. which is the leading producer of consumer & industrial paint brushes along with paint rollers and artist brushes. The acquisition will strengthen the company presence in the paint brush industry across the globe.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Insulated Concrete Form Market Growth Analysis and outlook over 2019 – 2025

Global Market Insights present the report on global Insulated Concrete Form Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2025.

Insulated Concrete Form Market from the commercial application will witness significant gains at over 6% from 2019 to 2025.  Economic growth in developing countries, favorable FDI policies on commercial construction, and enhanced focus on energy conservation will surge the product demand. Growing government investments in infrastructural and hospitality sector will provide an impetus to the industry development. Proliferating population in the Asia Pacific region along with rapid development in industrial and infrastructural construction will support the business growth in the region. Asia Pacific and Latin America are the fastest growing commercial construction sector, majorly driven by China, India, Indonesia and Brazil.

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Key benefits including lower insurance rates, quieter interiors, faster construction times, durability and energy efficiency are shifting the preference towards the construction of the houses using the Insulated Concrete Form system. Furthermore, manufacturers are investing in new product development that offers higher durability and superior thermal resistance compared to the wood-based construction, this would further increase the industry expansion. Rising occurrence of earthquakes, tsunami, floods, heatwave, hurricanes etc. across the tropical, subtropical and coastal environments has resulted in an increase in the construction of ICF based homes.

Strong growth in the construction industry to accommodate the increasing urban population is supporting the insulated concrete forms market advancement. The global construction sector is projected to cross USD 12 trillion by 2020, at over 3% CAGR. Countries including China, the U.S., and India are expected to dominate the global construction industry. Also, Insulated Concrete Form can reduce the time for construction, thereby reducing labor costs. However, the product penetration is higher in developed countries of North America and Europe.

Government initiatives for reducing the carbon emissions with favorable policies and incentive-based schemes promoting the use of energy efficient materials in the building construction will surge the demand for Insulated Concrete Form in coming years. For instance, in November 2018, the BRE Group and the U.S. Green Building Council (USGBC) announced a partnership to work on developing strategies & solutions for promoting green building performance.

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The global Insulated Concrete Form Market share in highly competitive with a large presence of multinational and regional players from North America and Europe. The major players include Quad-Lock Building Systems Ltd., Airlite (Fox Blocks), IntegraSpec ICF, Nudura Corporation, Logix Insulated Concrete Forms Ltd., Superform Products Ltd., BuildBlock Building Systems, Amvic and Plasti-Fab. New product developments, strategic mergers & acquisitions, and expansion of distribution network are among the key strategic observed in the industry. For instance, in July 2018, Logix Insulated Concrete Forms Ltd. announced to launch its new product range, Logix XP-1 for wall applications to enhance its industry share.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Concrete Densification & Polishing Equipment Market Analysis by Product, Application, Regional Outlook and Growth Prospects till 2025

Concrete Densification & Polishing Material Market size is poised to surpass USD 450 million by 2025, Concrete Densification & Polishing Equipment Market will exceed USD 2 billion by 2025; according to a new research report by Global Market Insights, Inc.

Uplifting construction sector, predominantly in the BRICS countries will bolster the overall concrete densification & polishing market demand in future. The construction sector revenue in BRICS countries was roughly around USD 2.5 trillion in 2018 and will likely mark close to USD 8 trillion in 2024. In 2015, China held about 50% revenue of entire construction industry of these five countries and will dominate the global market with several upcoming infrastructure and construction projects.

Concrete Densification & Polishing Equipment Market development may be hindered by the popularity of other flooring solutions such as floor tiles and marbles which provide superior aesthetic appeal, although at a higher cost. However, longer life and ease of maintenance of concrete floors will play a significant role in the market growth.

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Flooring is an essential part of commercial and residential structures and holds significance in applications across residential houses; commercial places such as shopping malls, workplace, retail stores, and hospitals; transit system infrastructures including railways and airports; and various manufacturing and warehousing facilities. Concrete densification & polishing material and equipment are widely employed in construction structures to offer superior resistance from fire, harsh climatic conditions, damp, and abrasions.

Concrete densification & polishing equipment market is fragmented into product and end-user. The product segment is divided into conditioners, densifiers & hardeners and sealers & crack fillers. Densifiers & hardeners will clutch more than 35% volume share of the total market by 2025.

The end-user segment includes industrial, commercial, institutional and residential buildings or structures. Commercial end-use segment will capture more than 30% of revenue share in concrete densification & polishing material market by 2025. Significant growth in transportation industry will significantly boost the flooring applications in the commercial sector such as airport, metros, bus stops and railway stations.

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Concrete densification & polishing equipment market is segmented into three products which include ride on, hand held, and walk behind floor grinders and polishing machines. Ride on grinder and polishing machine is one of the major segments and is likely to grow with close to 4% CAGR in coming years.

Europe concrete densification & polishing equipment market revenue is likely to reach more than USD 450 million by 2025. Surge in remodeling practices in residential and commercial segments is the key factor contributing the significant demand in the region. Elevating building construction businesses in various developed and developing economies of the region will boost the overall market growth.

The prominent players in the concrete densification & polishing equipment market are SASE Company, Diamatic, Bosch, Canzac, Husqvarna AB and others. Euclid Chemical, Concrete Earth, Markham Global, and Canzac are some of the key material manufacturers.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Polymeric Sand Market Report & Analysis over 2019 – 2025

Initiatives taken by governments of developing nations to reduce investment gaps in infrastructure sector along with increasing demand for premium homes round the world are the main factors contributing towards the polymeric sand market growth. According to European Investment Bank (EIB), European Union alone requires around USD 180 billion every year for development of transport and logistics infrastructures including roads, rails, airports etc. For the completion of Trans European Transport Network (TEN-T) the transportation sector requires around USD 620 billion by 2020. All these trends will catapult the market demand as it finds extensive usage in joining various pavers used in such mass transit projects. The product’s ability to withstand harsh weather conditions, resist erosion & weed growth, and increasing durability of pavements makes it suitable for such applications.

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Polymeric Sand Market size will likely exceed USD 85 million by 2025; according to a new research report by Global Market Insights, Inc.

Polymeric dust segment will witness a higher growth rate at close to 8.5% CAGR as these are majorly used in joining irregular stones or pavers with joints larger and wider than 5 centimeters or 2 inches. Walkways in commercial and residential sector mainly use such irregular flagstones for aesthetic purpose and with increasing number of commercial & business parks, hotels, and shopping complexes, the polymeric sand demand will spur in near future.

Based on application polymeric sand market is categorized into pavement and auxiliary spaces, patios, parking spaces, pool deck, and others. Patios segment shows a significant growth rate of around 8% from 2019 to 2025. This growth is attributed to rising demand for luxury homes with better amenities and outdoor living spaces in the developing countries.

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On the basis of end-use, polymeric sand market is categorized into commercial, residential, industrial and municipal. The municipal segment will hold around 40% share in the overall market by the end of 2025. This segment includes footpaths, sidewalks and all other public infrastructures developed by local or federal governments. The product demand for this segment will increase due to rising government spending in public works and welfare departments.

On the basis of region, North America polymeric sand market will be worth over USD 25 million in 2025, showing a significant growth over forecast time period. This is due to presence of a large number of households with outdoor living spaces in region, primarily in the U.S.

The prominent players operating in global polymeric sand market are Techniseal, Alliance Designer Products Inc, Silpro, TCC Materials, Sale Marco, Fairmount Santrol, Promasonry, Ash Grove Packaging, Sakrete Inc., SEK Surebond, etc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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Aerial work platforms market trends research and projections for 2019- 2025

The Aerial work platforms market is witnessing high popularity due to the integration of advanced technical features, such as CAN bus, sensors, and telematics, as these technologies offer better safety parameters over the conventional platforms. By integration of CAN bus technology, machines leverage a combination of various controllers and sensors, offering new operational features for the workers.

The load-sensing technologies deployed in the newly developed MEWPs disable functioning in case of excessive weight, further providing more safety to the platform operators. Moreover, the Aerial work platforms market is experiencing the emergence of self-propelled access platforms that provide increased flexibility, stability, and security to the users. Easy transportation & operation of the self-propelled machinery is supporting the rising utilization in various application sectors including energy and oil & gas for maintenance purposes.

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Aerial Work Platform (AWP) Market size is set to exceed USD 16 billion by 2025; according to a new research report by Global Market Insights, Inc. The global shipments are expected to grow at a CAGR of over 8.5% from 2019 to 2025.

Personal portable lifts are gaining popularity among in-house maintenance & temporary construction applications for performing low-height operations. Due to technical advancements in machinery sectors, the low-level access platforms are being replaced by conventional ladders & scaffolding to achieve high safety levels. Several companies operating in the Aerial work platforms market are developing new personal portable lifts offered as safe alternatives to the conventional ladders. For instance, in March 2017, JLG Industries, Inc. announced the launch of its low-level access solutions, LiftPod and EcoLift series.

The engine-powered platforms are anticipated to grow at 8% CAGR from 2019 to 2025 attributed to the increasing utilization in the major application industries including construction, mining, and government. The Aerial work platforms market customers operating in major regions including North America and Europe have utilized these machines due to high investment capabilities and the need to provide safe working conditions to the labors. The (mobile elevated work platform) MEWP market is also expanding due to low labor availability & high cost of existing labors in these regions. To reduce labor costs, achieve efficiency, and cut operational time, the application industries are deploying aerial work platforms, further developing the market.

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In the Aerial work platforms market, there is an increase in the demand for machinery with platform height between 20 to 25 meters in the utility, rental, and construction applications. The demand is attributed to high flexibility & stability offered by these platforms at such working heights. Additionally, the machinery ensures operator safety with the telematics & sensor technology integrated into it. The aerial work platforms market products are deployed among various infrastructure development, utility work, building maintenance, security, indoor construction, window washing & repairing, electric line repairs, and sporting events, driving the industry demand.

In the Aerial work platforms market, construction & mining applications was valued at around USD 3 billion in 2018 and are increasingly deployed in complex building & general infrastructure projects across the globe. Government projects mainly deploy efficient machines & platforms to provide enhanced safety and reduce the load on human workers. The rising awareness in the South-East Asian countries and other developing countries related to machinery & time-saving benefits is further rising the requirement for technically-advanced platforms to address the construction sector demand. Countries including South Africa, India, and Japan are witnessing several infrastructure transformation activities that are expected to procure AWPs in huge amounts, further supporting the market growth prospects.

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The North America Aerial work platforms market is expected to reach over USD 6 billion by 2025 attributed to several building maintenance & construction activities across the commercial & residential sector. The demand is also increasing due to the presence of technically-aware and economically-stable population, supporting the deployment of costly MEWPs. Also, high government support for utilizing newly manufactured products with safety parameters and reduction of upcoming worker accidents is driving high consumption of new products in the industry.

The key players operating in the Aerial work platforms market are Niftylift, JLG Industries, Inc., Snorkel, Haulotte, Terex Corporation, Aichi Corporation Skyjack, Tadano, Manitou, Altec, Holland Lift, and Sinoboom. The companies are investing in R&D activities to develop differentiated & eco-friendly machinery compared to their competitors. These companies are also adopting expansion strategies by developing manufacturing & distribution network across various regions to address the growing customer demand. Players are focusing on gaining government contracts and orders owing to huge infrastructure investments going on in the Asian and the Middle East & African countries. Manufacturers in the Aerial work platforms market are adopting partnership & collaboration strategies to integrate enhanced components & technologies into existing products. For instance, in December 2017, Skyjack announced its partnership with Trackunit for providing telematics solutions and addressing the increasing demand for machinery connectivity features and connected fleet.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
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Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
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