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Gypsum board is used for ceilings. Market Research Future (MRFR) has published and released a research report on the global gypsum board market that predicts growth for this market during the forecast period that would end in 2021.
Observing the market structure, this report measures the future growth potential of the market. It gauges the strategies of the key players in the market and aids the competitive developments like new product developments, joint ventures, mergers & acquisitions, research and developments (R&D) in the market. The major factor driving the global gypsum board market growth is increasing the use of technology in the construction sector. The second factor contributing to the market growth include growing demand for gypsum board among the manufacturers as well as contractors. Other factors contributing to the market growth include infrastructure development in the emerging economies, growing residential sector, rapid urbanization, and several benefits of gypsum board. ALSO READ: https://www.benzinga.com/pressreleases/19/10/ab14624680/gypsum-board-market-size-2019-global-trends-market-share-industry-growth-sales-opportunities-and- The global gypsum board market can be segmented into application, product, type, and lastly, region. The application-based segmentation segments this market into commercial, industrial, residential, and others. Based on product, the market has been segmented into gypsum wallboard and gypsum ceiling board. By type, the market has been segmented into regular gypsum board and Type X gypsum board. The regional segmentation of the global gypsum board market segments the market into regional markets known as Europe, North America, Asia Pacific, and rest of the world (RoW). The Asia Pacific region the biggest regional market because due to the growing population and increasing industrialization, the demand for the construction of both residential areas as well as commercial establishments is increasing. In terms of population, China and India can be the most important country-specific markets. Japan is another powerful economy that is a technologically advanced country. North America is the second largest regional market because of the established real estate sector here and the presence of important market players in this region. Technological advancement in the construction sector is also supporting market growth in this region. The powerful economies in this region that can contribute maximum revenue to the market are the United States of America (USA) and Canada. In Europe, the market is growing primarily due to the same reasons as North America. In this region, the important economies that have the potential to emerge as powerful country-specific markets are France, Germany, and the United Kingdom (UK). In the RoW segment, the countries of the Middle East can be a potential market because in countries like United Arab Emirates (UAE), the purchasing power of people is high and real estate is a big business there. Therefore, some key market players are also based in the UAE. However, the Middle East is not as big market as North America because, in terms of technology, it is not as advanced as North America is. Key Players The key players in the global gypsum board market include American Gypsum (USA), CertainTeed (USA), Etex Group (Belgium), Georgia-Pacific (USA), Gulf Gypsum (UAE), Knauf Dubai (UAE), Lafarge (France), National Gypsum (USA), Pabco Gypsum (USA), and Taishan Gypsum (China). Latest Industry News
https://www.marketresearchfuture.com/reports/gypsum-board-market-1374
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Pollution levels are high across the globe and there are several factors contributing to it. Air pollution due to rising traffic problems has prompted the overwhelming support for the development of efficient automotive vehicles with minimum environmental impact. Vehicle pollution results in high emissions of nitrogen oxide, carbon monoxide, and other pollutants. Green tires are one such solution. Market Research Future has analyzed the global green tires market in its new report for the forecast period from 2017 to 2023. The market for green tires is anticipated to witness considerable expansion over the forecast period.
Inefficient use of fuel in a vehicle can lead to greater emissions and leave a higher negative impact on the environment. The reduced use of proper public transport systems due to the lack of the same combined with the use of old diesel vehicles has further increased the air pollution level in developing countries, thus contributing to a global problem. As a result, the demand for green vehicle components has grown considerably. Green tires are a great option as they reduce the rolling resistance between the tire and surface of the road. Companies have developed green tires which are highly safe and help in reducing emissions by being more fuel efficient. Traditional tires are made from rubber, green tires are made from a number of raw materials including silane incorporated rubber, recycled rubber, and renewable raw materials to name a few. The growing global consciousness for the environment among consumers and governments of various countries has prompted a huge and supportive demand for green tires, thus driving the growth of the market. Increasingly stringent regulations regarding emissions in developed economies are driving the adoption of green tires. Moreover, the growth of emerging economies has driven the demand for green tires in new and growing automotive vehicle sales. Ongoing development of green tires using suitable materials has not yet resulted in the best solution. The uncertainty surrounding materials used is both a challenge and opportunity as it is driving R&D activities for the development of the same. Moreover, the lack of awareness regarding green tires in emerging countries will likely slow market growth over the review period. Read More: https://www.globenewswire.com/news-release/2019/07/17/1883975/0/en/Green-Tire-Market-Worth-USD-152-40-Billion-by-Forecast-2023-Green-Tires-Industry-Europe-Acquiring-the-Top-Position.html Market Segmentation Segmental analysis of the global green tires market has been performed on the basis of raw material, application, vehicle type, and region. Raw materials used in green tires have been segmented into silica incorporated rubber, silane incorporated rubber, butyl rubber silica, recycled rubber, renewable raw materials, and others. By vehicle type, the market has been segmented into heavy-duty vehicles, light-duty vehicles, motorcycles, aircraft, non-road diesel equipment, and others. Applications of green tires have been divided to include on-road and off-road. Regional Analysis Key regions in the report encompass the global market by dividing into Europe, Latin America, the Middle East & Africa, North America, and the Asia Pacific. Europe captured the largest share of the market and is expected to remain the most significant region in the global green tires market over the forecast period. The region has many stringent regulations regarding vehicle emissions and awareness regarding the benefits of green tires is also high in the region. The presence of globally renowned automotive manufacturers and the presence of a solid automotive sector in the region is expected to drive the market. North America is another region with stringent regulations which have placed the regional market in a leading position behind Europe. The Asia Pacific is a rapidly growing market which is likely to grow during the assessment period due to the high pollution levels and massive automotive sales in the region. Key Players Various market players that have been included in MRFR’s competitive analysis of the global green tires market are MRF (India), Michelin (France), Giti Tire Pte Ltd (Singapore), Lanxess (Germany), Evonik Industries AG (Germany), Hankook Tire (South Korea), PPG Industries, Inc. (US), Pirelli Tire North America LLC (US), Bridgestone Americas Tire Operations, LLC (US), Sailun Tires (Canada), Nexen Tire America Inc. (US), Apollo Tyres (India), Green Arc Tire Manufacturing Inc. (Canada), and Goodyear Tire & Rubber Company (US). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/green-tires-market-6340 Market Research Future (MRFR) projects considerable gains for the global green buildings market 2020, as it shows a high potential of achieving an impressive CAGR of 10.26% from 2018 to 2023 (forecast period).
Market Drivers and Main Challenges The worldwide construction industry has massive untapped potential for high sustainability as well as efficiency across the whole value chain, on account of innovative technologies, new construction techniques, and digitalization. Accelerated demand for eco-friendly and sustainable building materials has led to robust market growth in recent years. While building a green building, there is no use of toxic paints that contains lead, which improves the indoor air quality. Green buildings also offer a great deal of natural lighting that brings down the overall energy usage, leading to a reduction in the overall expenditure. Copious availability of raw materials and the expansive pool of manufacturers can foster the green building market growth in the following years. Technological advancements have facilitated a surge in demand for green buildings since the related products have become affordable and are readily available. Consequently, the demand for the rebounding construction market has increased significantly across the world. The demand for green buildings has risen considerably in emerging countries, which is touted to be a lucrative opportunity by market players. With the oversupply of green building materials and the subsequent decline in the product prices, the market for green building is set to benefit significantly in the years ahead. ALSO READ: https://www.openpr.com/news/1813574/green-building-market-2019-2023-size-share-comprehensive Market Segmentation The main segments as per which the study of the green building market has been conducted by MRFR experts include product type and application. The product types discussed in the report are exterior products, interior products, building systems, solar products and others. The use of green building exterior products in the construction industry has risen spectacularly, since they offer durability, energy efficiency, low operation cost, low maintenance, and no waste reduction compared to traditional construction techniques. Application-wise market segments are residential and non-residential. Residential buildings lead the global market, on account of the rising concerns with regard to the mounting energy prices, negative health impact of traditional building materials, storm water runoff polluting lakes and rivers and the accelerating climate change. These factors reinforce the demand for green building construction within the residential sector. Regional Outlook The report studies the current trends and highlights the market size of green building across the regions of Europe, North America, Asia Pacific (APAC) and Rest of the World (ROW). Without a doubt, the expansion rate of green buildings has been quite significant in APAC. Most of the the countries in the region include a minimum of one domestic green building rating scheme while some also have two, like Japan. With the surge in the number of provincial, municipal and national governments implementing green building policies with the backing of large funds, incentives and legislation, the regional market has progressed smoothly over the past few years. The Indian government leads by example by certifying their own buildings. The main policy focus in the region is on decarbonizing, with maximum push to renewables North America is striving to strike a balance between low environmental impact and high-quality construction, which promotes the practice of green building construction. With the rising demand for sustainable materials in construction and the need to create healthy indoors with minimal pollution, the green building market is gaining intense momentum in the region. Significant Companies Significant companies operating in the worldwide market for green building are Owens Corning (U.S.), E. I. du Pont de Nemours & Company (U.S.), Bauder Limited (UK), Alumasc Group Plc (UK), BASF SE (Germany), Interface Inc. (U.S.), Kingspan Group plc (Ireland), Forbo International SA (Switzerland), Amvik Systems (Canada), Binderholz GmbH (Germany), and others. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/green-building-market-4982 The gold cart market 2020 is poised to witness the upliftment of the financial status. These are low-speed vehicles that have been designed to transport people and equipment in a golf course. Over time, the application of the cart has increased and penetrated across many industry domains. It has been one of the primary drivers of the golf cart market and is expected to remain influencing the market positively. Market Research Future MRFR, in its latest analysis, suggests that the global golf cart market is presumed to register 6.9% CAGR during the assessment period 2018 to 2023. It also indicates that the market value will touch a decent amount by the end of 2023.
The golf cart market is obviously gaining popularity in gold courses. Also, the rising popularity of the game is also anticipated to drive market growth in the upcoming years. However, expansion of the product range has been witnessed in recent years. At present, three types of golf carts are available, small, medium, and large. It has had a positive impact on the growth curve of the market. Also, it is assessed that the availability of a wide range of products is like to continue acceleration of revenue generation over the next few years in the golf cart market on the global front. The development of product portfolio is not only restricted to its size but also the engine. The ongoing trend of electric cars in the automotive industry has also influenced the market. The introduction if electric golf carts is a step taken forward by the market players in bringing innovation. It is assumed to have a favorable impact on the revenue creation of the golf cart market during the forecast period. Apart from the traditional use in golf courses, the cart is being extensively used in high profile resorts and hotels for facilitating mobility. These commercial spaces are spread over huge areas which make the use of these low-speed vehicles imperative. Thus, the golf cart market is expected to capitalize on the rising investments in the hospitality industry. In addition, it is also used in airports and railways. Increasing air traffic, in conjunction with the rising construction projects of airports, is projected to catalyze the proliferation of the golf cart market on the global front in the foreseeable future. ALSO READ: https://www.benzinga.com/pressreleases/20/01/ab15226913/america-golf-cart-market-2020-latest-trend-size-trending-shares-upcoming-advancement-growth-statu Market Segmentation On the basis of propulsion type, the golf cart market has been segmented into gasoline and electric. Based on seating capacity, the golf cart market has been segmented into large (more than 10 seater), medium (6-10 seater), and small (2-4 seater). The segments of the golf cart market identified in this report on the basis of application are – hotels & resorts, golf courses, airports, railways, multi-residential complexes, and others. Regional Analysis The study of the global golf cart market on the basis of region spans across – North America, Asia-Pacific (APAC), Europe, and the Rest of the World (RoW). These regions, for the purpose of offering an in-depth study, are studies on the basis of countries. North America is a major revenue generating regional market owing to the rising demand for short distance mobility solutions. Also, the rising popularity of golf sport is expected to bear positive impact on the growth of the electric golf cart market. Competitive Dashboard Yamaha Golf-Car Company (US), Garia A/S (Denmark), STAR EV (US), Speedways Electric (India), Bradshaw Electric Vehicles (UK), Marshell Green Power (China), E-Z-GO (US), Spoleman OÜ (Estonia), Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD. (China), Polaris Industries, Inc. (US), and Autopower (India). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/golf-cart-market-7595 A new market study, titled “ Global Glue Laminated Timber Market ” has been featured on Market Research Future.
Global Glue Laminated Timber Market Overview Rapid growth noted in the residential and non-residential projects that are residing in Asia Pacific and the MEA regions is anticipated to contribute heavily to the growth of the global glue laminated timber market over the forecast period. The visual appeal of the product, high level of strength, and durability are expected to have a positive impact on the snowballing of the global glue laminated timber market. Market Research Future (MRFR) has suggested in their latest report that the global glue laminated timber market is anticipated to showcase a CAGR of 5.5% over the forecast period. Waterproof adhesives that are used in the manufacturing of glue laminated timber are known to extend its usage in other exposed applications such as utility poles, bridges, and docks. The strength of the product, durability, and design flexibility are expected to supplement the growth of the global glue laminated timber market over the forthcoming years. ALSO READ: http://www.digitaljournal.com/pr/4149378 Market Segmentation The global glue laminated timber market is studied for various segments that are based on application and region. Based on application, the global glue laminated timber market is segmented into commercial, residential, and others. The residential segment is observed to account for the largest market share at the beginning of the forecast period. This segment is also anticipated to exhibit the highest CAGR during the forecast period. such fast paced growth can be attributed to the increasing and renovation activities coupled with the growth in spending on interior designing solutions. This, is also expected to augment the growth of the global glue laminated timber market in the forthcoming years. Investments noted in the developing and affordable housing solutions are also anticipated to boost the market growth in the coming years. Alternatively, the commercial segment is expected to occupy the second-largest share of the global glue laminated timber market during the forecast period. Extensive usage of glulams in office buildings, bridges, hotels, gymnasium, public and government buildings, airports, hospitals, and recreational facilities is anticipated to increase the product demand. Some factors are responsible for high demand for glulam are its economical cost, strength, stiffness as compared to other lumbar products. Use of moisture resistant adhesives during the production of glue laminated timber makes it a preferred choice in curved members, beams, and architecture which require structural sturdiness. Detailed Regional Analysis The glue laminated timber market is segmented into the regions of North America, Europe, Asia Pacific, and Rest of the World. The demand for glulam in Asia Pacific is expected to proliferate at a high pace during the forecast period. This growth is observed to take place on account of the introduction of various favourable policies for infrastructure and housing development. The products are expected to offer exceptional design flexibility and hence, it has applicability in various projects like warehouse, roof, beams, and highway bridges. Easy financing options are available for private housing and commercial buildings which is also estimated to promote the growth of the glue laminated timber market within the APAC region. Preference and accreditions that are given to the construction of green buildings is also anticipated to propel the growth in demand for glulam. Glue laminated timber can also be manufactured from a wide array of small trees that are harvested from second or third growth plantations and forests. This has reduced the dependability on large scale growth –dependent timber. All these factors are contributing to the sizeable growth of the global glue laminated timber market. Key Players Some distinguished players present in the global glue laminated timber market include Boise Cascade Co., Pfeifer Holz GmbH, Setra Group AB, Canfor Corporation, Calvert Company Inc., Binderholz GmbH., Mayr-Melnhof Holz Holding AG, Schilliger Holz AG, Structurlam, and Hasslacher Holding GmbH. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/glue-laminated-timber-market-7225 The purpose of forklift trucks is to lift and move materials within short distances. They are required in all industries. Market Research Future (MRFR) reported about the global forklift trucks market in their latest study that vaticinates gains at 5.9% CAGR between 2017 and 2023. By value, the market has been figured to be worth the $ 41.73 BN by the end of the forecast period.
Monitoring the market structure, this report mensurates the future growth potential of the market. It chalks the strategies of the key players in the market and helps in the competitive developments like new product developments, mergers & acquisitions, joint ventures, and research & developments (R&D) in the market. The imperative factor driving the global forklift trucks market growth is the growing demand from the manufacturing industry. Other important factors initiating market growth include an increase in productivity, and reduced accidents as well as injuries, along with operator comfort. However, the high cost of electric-powered forklift trucks can hinder the market growth. ALSO READ: https://www.openpr.com/news/869593/future-scope-of-forklift-trucks-market-analysis-of-market-size-share-growth-and-forecast.html Market Segmentation The global forklift trucks market segmentation covers application, capacity, technology, and region. Under the application-based segmentation, the covered segments are logistics, manufacturing, retail & wholesale, and others. Based on capacity, the market is being segmented into below 5 tons and above 5 tons. Regarding technology, the market has been segmented into the electric powered truck, and internal combustion engine powered truck. Regional Segmentation Geographically, the global forklift trucks market features Asia Pacific, Europe, North America, and the Rest of the World [s5] (RoW). The Asia Pacific has maximum market coverage, followed by Europe. Rising industrialization in the Asia Pacific region is the primary factor for market growth. It is also the fastest growing regional market. The prominent country-specific regional markets are China, India, and Japan. Europe is another important regional market and is expected to contribute significantly to the global market during the forecast period. Noteworthy country-specific markets in this region are France, Germany, Spain, and the UK. In North America, the market is extending due to many established industrial sectors that require a regular supply of raw materials necessary for production. Many key market players are based in North America. Hence, forklift trucks are always required in this region. Country-specific markets that generate maximum revenue in this region are the USA and Canada. Key Players Key players in the global forklift trucks market include Anhui HELI Co. Ltd (China), Crown Equipment Corporation (UK), Hyster-Yale Material Handling Inc. (USA), Jungheinrich Group (Germany), Kalmar Global (Finland), KION Group AG (Germany), Komatsu Ltd. (Japan), Mitsubishi Nichiyu Forklift Corporation (Japan), The Raymond Corporation (USA), and Toyota Industries Corporation (Japan). Latest Industry News
https://www.marketresearchfuture.com/reports/forklift-trucks-market-2920 The data experts at Market Research Future Reports (MRFR), the global food storage container market is projected to thrive at a CAGR of 4.19% during the assessment period. The global food storage container market is likely to hold substantial value. The increasing concern regarding the environment is anticipated to be an important factor driving the global food storage container market 2020. Besides, the surging urbanization and the population has resulted in an upgraded standard of living, resulting in changed food habits of the consumer, which has actuated the global storage container market size. Furthermore, the work constraints have resulted in increased usage and demand for stored food. In addition, the increased demand for perishable products such as dairy products and meat has posed several opportunities for expansion. Moreover, the stern rules executed by the government towards protecting the environment and monitoring greenhouse emissions is projected to be another factor leading to market expansion. However, factors such as changing customer preference are likely to impede the market growth. Besides, due to the pandemic, various companies in the market have temporarily shut their daily operations. The halt caused in business operations is estimated to bring a considerable impact on market revenue. It is estimated that it will take some time to recover from the losses incurred during the observation of lockdown. We will provide an impact analysis report on COVID-19.
ALSO READ: https://www.marketwatch.com/press-release/emergency-ambulance-vehicle-market-global-industry-size-share-growth-analysis-trends-value-sales-2020-08-12?mod=mw_quote_newsMarket Segmentation The global food storage container market can be distinguished on the basis of material, product, application, type, and geography. On the basis of material, the global food storage container market can be distinguished into glass, paper & paper boards, plastic, metal, and others On the basis of product, the global food storage container market can be distinguished into pouches, bags, containers, and others On the basis of application, the global food storage container market can be distinguished into dairy products, fruits & vegetables, meat products, baked and confectionery, and frozen foods. On the basis of type, the distinguished food storage container market can be segmented into rigid and flexible packaging. On the basis of geography, the distinguished food storage container market can be segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Regional Analysis The geographical evaluation of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been performed. The market is likely to expand significantly during the review period. The APAC region is likely to reign the worldwide market during the assessment period. The most significant reason for regional expansion is the increasing demand for FMCGs. Moreover, the region is prospering due to the increased disposable income, growing popularity of packaged food, and the changed lifestyle. Europe has attained the second position. The stored food is gaining popularity due to the rising amount of food packaging constructed of bioplastics. Also, the rising demand for sustainable packaging products among consumers is another pivotal factor leading to market growth. On the other side, North America is likely to acquire the largest share of the market. The most significant factor leading to regional growth is the reduced waste, growing usage of packaged food, and the growing adoption of small-sized food containers. Key Players The distinguished organization of the global food container market are Berry Plastics Corporation (US), Bemis Company, Inc. (US), Crown (US), Graphic Packaging International, LLC (US), Graham Packaging Company (US), Ball Corporation (US), Anchor Glass Container Corporation (US), Constar International UK Ltd. (UK), Plastipak Holdings, Inc. (the US), PRINTPACK (US), and a few others. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/food-storage-container-market-7725 Space saving furniture are becoming ubiquitous in workspaces and our daily lives. Smart, collapsible furniture are an intelligent mechanism to save space and are gaining consumer preference over traditional furniture. Market Research Future (MRFR’s) study on the global folding furniture market is a compilation of the essential accruals that are derived faster thorough analysis of the pertinent trends and factors that can impact the market growth over the forecast period of 2017-2023. MRFR’s analysis has inferred that the folding furniture market would expand at a CAGR of 5.8% over the forecast period.
Considerable efforts invested in the development of folding furniture have led to the introduction of space-saving, collapsible, multifunctional, trendy folding furniture with improved structural soundness. These furniture have particularly gained acceptance due to aggravating living space constraints which have cropped up due to urbanization and population boom. These furniture facilitate space economization along with providing aesthetic appeal. In addition, availability in eco-friendly variants, and the increasing trend of living in studio apartments have fueled the demand for these furniture. Other determinants of market growth include growing constructional activities and expanding spending capabilities of consumers. On the flipside, the folding furniture market growth might be hindered by various factors. Foldabilization of furniture is a tedious and error-prone process. They rely on manual efforts by humans, which are plagued by distorted human perception of 3D manipulation and viewing perspective. In addition, foldabilization is associated with a multitude of constraints. ALSO READ: http://www.digitaljournal.com/pr/3978000 Segmentation The global folding furniture market has been segmented based on product and application. By product, the folding furniture market has been segmented into chairs, tables, sofas, beds, and others. By application, the folding furniture market has been segmented into residential and non-residential. Regional Analysis Region-wise, the global folding furniture market has been segmented into North America, Rest-of-the-World (RoW), Asia Pacific (APAC), and Europe. In 2016, the global market was led by APAC. The surge in residential as well as commercial construction in emerging economies of the region such as China, India, Singapore, and Japan are driving the growth of the market. The region is densely populated, which leaves a very limited area for living. Thus, folding furniture is ideally suited in such a space-constrained environment. Rising refurbishment activities are also creating additional demand within the market. APAC is anticipated to be the fastest-growing folding furniture market. Rise in disposable income across the region too is a crucial growth determinant. Europe is following the APAC folding furniture market closely. Smaller living spaces, booming population, and an upsurge in construction and upgradation of existing interiors are providing growth opportunities to the Europe market. North America is another important market for folding furniture. The upsurge in commercial and residential construction along with the growing scarcity of living spaces has created a favorable environment for the growth of the North America market. The RoW market is likely to be driven by changing lifestyle, decreasing spaces, and development of hotels in the Middle East and Brazil. Competitive Landscape Expand Furniture (Canada), Gopak Ltd (U.K.), Ashley Furniture Industries Inc. (U.S.), Resource Furniture (U.S.), Dorel Industries Inc. (Canada), Flexfurn Ltd (Belgium), Leggett & Platt, Inc. (U.S.), La-Z-Boy Incorporated (U.S.), IKEA Systems B.V. (Sweden), Nilkamal Limited (India), Murphy Bed (U.S.), and Meco Corporation (U.S) are the notable players in the folding furniture market. Industry Updates January 2019 – South Korean Designer Jongha Choi has introduced a collection of space-saving folding furniture, called De-dimension. These furniture can be converted from flat, two-dimensional forms to functional, three-dimensional objects. These furniture are space-efficient and suitable for popular micro homes. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/folding-furniture-market-4822 A new market study, titled “ Flooring Market ” has been featured on Market Research Future.
Flooring is defined as the permanent covering of a floor. A new report on the global flooring market, published by Market Research Future (MRFR), claims that this market could witness a high tide at 5% CAGR between 2016 and 2022. Monitoring the market structure, this report mensurates the future growth potential of the market. It characterizes the strategies of the major market players in the market and aids the competitive developments like research & developments (R&D), new product developments, mergers & acquisitions, and joint ventures, in the market. The primary factor raising the global flooring market growth is rapid growth in the construction sector. Increasing construction projects, across the world, due to expanding urban areas and population growth are also fueling market growth. Other factors furnishing market growth include rising home improvement projects, renovation projects, and rising personal disposable income. The last boost to the market comes from the high demand for the improvement of existing infrastructure and the building of new infrastructure in the form of hospitals, retail outlets, residential housing, and other commercial buildings. However, the market growth can get blocked due to the high prices of new installations and renovations. Considerable volumes of flooring waste and difficult disposal can also impact market growth negatively. ALSO READ: https://www.marketwatch.com/press-release/resilient-flooring-market-2020-global-industry-share-size-growth-trends-scope-applications-market-entry-strategies-key-manufacturers-analysis-by-forecast-2024-2020-08-28?mod=mw_more_headlines&tesla=y Market Segmentation The global flooring market segmentation covers application, material, and type. MRFR’s take on the market allows an in-depth look into various facets of the market. The application-based segmentation of this market covers education, healthcare, hospitality, retail, and sports. Application-based flooring is used for delivering specific aesthetics or achieve a particular purpose. For example, in the healthcare sector, flooring needs to be hard and easy to clean. In sports, the flooring must be level and help absorb shock. Regarding material, the market has been segmented into tiles, vinyl & rubber, wood, and others. The most popular segment among these is “tiles” as tiles are available in various designs, materials, shapes, and sizes to achieve the perfect aesthetic. By type, the market has been segmented into resilient, non-resilient, soft covering, and others. Regional Segmentation Based on a geographical outlining of the global flooring market, the study encompasses North America, Europe, Asia Pacific, and Rest of the World (RoW). The Asia Pacific holds the largest market share with North America and Europe, holding the second largest share and third-largest share, respectively. Rapid industrialization and increasing urbanization in the Asia Pacific region are driving market growth. During the forecast period, the Asia Pacific region is also expected to be the fastest-growing regional market. The largest country-specific markets in this region are China, India, and Japan. An analysis of remaining countries in the Asia Pacific region featured in this report estimates the sizable contribution to market revenue from some other countries. During the forecast period, the growth rate of the North American market is expected to be significant, mainly due to the presence of many construction firms and the existence of advanced infrastructure in this region. The largest country-specific markets in this region are the USA and Canada. Europe is a strong market due to the availability of developed infrastructure, technological advancement, and huge investments in the construction sector. The maximum revenue for the European market is contributed by France, Germany, Spain, and the UK. Key Players Major players in the global flooring market include Floorworld LLC (Dubai), Flowcrete Group Ltd. (UK), Forbo Holding AG. (Switzerland), Gerflor Group (France), LG Hausys Ltd. (Korea), Mannington Mills Inc. (USA), Mohawk Industries Inc. (USA), Polyfloor Inc. (UK), Shaw Industries Inc. (USA), and Tarkett Company (France). Latest Industry News
https://www.marketresearchfuture.com/reports/flooring-market-2527 A new market study, titled “ Fire Truck Market ” has been featured on Market Research Future.
Fire truck market 2020 is set to expand at a rate of 4.5% between 2018 and 2023 (review period), says Market Research Future (MRFR). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak. COVID-19 Analysis The novel coronavirus has disrupted almost every industry across the globe, including the automotive sector. The short term impact has led to shutting down of various manufacturing units due to the lockdown imposed by governments across countries. Production units are observing lack of labor owing to social distancing practice induced by the pandemic. SARS-CoV-2 has also resulted in showrooms being shut down, besides a drop in vehicle sales. The automotive industry is grappling with the aftereffects of the COVID-19 outbreak, issues such financial crisis combined with the weakening of the supply chain networks around the world. With that said, the fire truck market can expect some relief on account of the mitigation measures that are being taken by various government bodies across regions. For instance, the European Union is lending support to the automotive sector with the Pandemic Emergency Purchase Program, which helps companies buy commercial papers as well as sovereign bonds from commercial vendors along with member states while keeping their liquidity intact within the financial system. Moving ahead, EU has also relaxed its stringent regulations pertaining to the automotive sector and is willing to expand the size of any asset purchase for extended period. With the introduction of contingency schemes and financial institutions increasingly coming up with relief plans, the fire truck market can make a solid comeback despite the COVID-19 impact. Growing awareness level about fire safety and related services is also working in favor of the fire truck market, despite the pandemic surge. ALSO READ: https://www.marketwatch.com/press-release/covid-19-outbreak-favors-fire-truck-market-as-awareness-regarding-safety-mounts-fire-truck-market-analysis-size-share-growth-and-global-forecast-till-2023-2020-06-29 Key Boosters and Main Barriers The increasing need for fire safety in developed economies along with the mounting demand for superior quality firefighting apparatus can benefit the fire truck market in the long run. The increasing strictness of standards related to safety can also boost the worldwide demand for fire trucks. Governments are progressively deploying fire trucks for rescue operations and medical emergency services. Further, product advancements and technological innovations in the fire apparatus field and the consequent reduction in the fatality rate during fires also induce significant business growth across the globe. Infrastructural upgradation across developing countries has resulted in the implementation of strict standards and codes to preserve buildings and prevent damages, which can mean better growth for the industry in the coming years. Market Segmentation Fire Truck Industry has been considered for type as well as application. The types of fire trucks are pumper, tanker, multi-tasking truck and rescue truck. The primary application areas of fire trucks are non-residential and residential. Regional Insight The Fire Truck Market Analysis by MRFR covers the key regions of Europe, APAC/Asia Pacific, North America, and RoW/Rest of the World. It is quite likely that the North American market can gain the leading position in the global market during the evaluation timeline, as a result of the high deployment of advanced technologies, strong financial conditions, and the existence of a massive number of renowned manufacturers across the U.S as well as Canada. The soaring need for better safety features within vehicles and the growing expenditure by private and public players on the development of the firefighting industry also contributes significantly to the market growth in North America. The population boom along with the mounting awareness regarding the significance of the fire-fighting apparatus can be major growth boosters in the APAC market. China is among the top ranking markets in the region, both in terms of consumption and production. The high production level as well as supply is the result of cheaper priced labor and materials. The country is also a crucial hub for a number of manufacturers that are known globally. The increasing uptake of fire trucks in enterprises, airports and commercial applications is anticipated to result in a highly lucrative industry outlook. Leading Companies The leading companies in the fire truck industry are ALBERT ZIEGLER GmbH (Germany), Rosenbauer International AG (Austria), Spartan Motors (USA), KME Corp. (USA), MORITA Holdings Corporation (Japan), W. S. Darley & Co. (USA), Zoomlion Heavy Industry Science & Technology Co., Ltd., (China), Alexis Fire Equipment Company (USA), Magirus GmbH (Germany), Oshkosh Corporation (Japan), and more. Latest News June 2020 California City Fire Department now boasts of a new fire truck, Arrow XT PUC Paramedic Engine. The new fire truck seems to be the best solution for safe and efficient operations of the fire department, as it can function in an extremely harsh environment and consists of all the equipment a fire truck is supposed to be equipped with in the department. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/fire-truck-market-7393 |