Automotive Research Reports |
Heavy Construction Equipment market Global Demand, Sales, Consumption and Forecasts to 20279/21/2020
0 Comments
Hard Surface Flooring Market Industry Analysis, Size, Share, Growth, Trends and Forecast - 20239/21/2020 Flooring plays a major role in shaping the look and feel of spaces such as residential, office, restaurants, complexes and more. Market Research Future Reports has published its latest reports that states, the global hard surface flooring market will proliferate at a CAGR of 5.12% by the year 2023.
Hard surface flooring is considered to be resistible for residential settings as it mainly uses natural beauty materials such as hardwood and stone that offer high toughness to the flooring. Also, its thick constructions and sturdy top layers give the flooring the ability to stand to a lot of foot traffic. On this note, the hard surface flooring will be driven by rising building construction activity worldwide in the coming years. The regions such as Asia Pacific and Africa and Mideast regions, which includes mainly India and China will post particularly strong growth of the market. ALSO READ: https://www.marketwatch.com/story/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 Hard surface Flooring Drivers & Trends The hard surface flooring market is driven by the expanding construction sector in major regions, globally. With the help of supportive government policies and regulations to boost the infrastructure and residential construction market, the market is getting a lot of traction in the present time. Countries such as India, have seen relaxation of FDI in construction, which is attracting foreign investments in the country and offering opportunities for construction companies to construct using advanced technology. Furthermore, flooring in the last few years has gained popularity owing to shift in preferences from normal flooring to designed and decorative flooring, and especially vinyl flooring. Vinyl flooring has gained popularity over the years owing to increased aesthetic values in construction sector coupled with changing consumer preferences. The market growth will also be driven by subsequent advances in building construction and rising environmental concerns as well. In the construction industry, the demand for vinyl flooring rose rapidly between 2011 and 2016 which was boosted by rising sales of luxury vinyl tile (LVT). The development of LVT products has significantly improved the aesthetic qualities of vinyl flooring, which resulted in creating strong market share gains for these products. With that, the sales of LVT flooring is estimated to continue to proliferate quickly through 2023 as these products increasingly penetrating for construction of various spacing floors in developing regions. Also, technological advances have improved the ability of durable, cost effective ceramic and vinyl flooring products to convincingly imitate the look of wood. Increasing numbers of homeowners are presently installing hard surface flooring in rooms such as living and dining areas, where carpeting has previously prevailed. Hardwood flooring, hence, will witness an increasing usage owing to their long lifespans and attractive appearance. Mostly notable, the solid growth of hard surface flooring in office, retail, and lodging construction expenditures are boosting demand for it. with that, increasing construction shopping malls will drive demand of hard surface flooring as these facilities durability and slip resistance. Hard surface Flooring Segmentation According to MRFR’s reports study, the global hard surface flooring market has been segmented based on products and applications. Segmentation by products, the market is comprised of resilient flooring and non-resilient flooring. Where, resilient flooring includes vinyl flooring, vinyl sheet, and rubber flooring and non-resilient flooring includes seamless flooring, wood flooring, and laminate flooring. Among them, the resilient flooring segment is expected to lead the market owing to rapid growth in usage of vinyl flooring. Segmentation by applications, the market is comprised of residential and non-residential. Among them, the residential segment has accounted for the largest market share in the forecast period owing to the upward population and urbanization which has witnessed a shift in the population especially in developing nations. This led to the increasing construction for homes and residential complexes and driving the demand of the hard surface flooring in this sector. Whereas, non-residential segment is anticipated to proliferate at the highest CAGR during the forecast period owing to the increased investment in new commercial constructions and renovation projects that are going on presently. Regional Analysis In the reports of MRFR, the geographical analysis of hard surface flooring the market is done in Asia, North America, Europe and rest of the world. Among them, Asia Pacific region accounts for the fastest growing market in global hard surface flooring market owing to the new developments in infrastructure are under process in various countries. Hi-tech building projects are also started where hard surface flooring is expected to play a vital role. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to increase in construction activities in countries such as China, Indonesia, and India. Additionally, increase in industrialization, rising urbanized population, and growth in expenditures are the factors leveraging the growth of the market in Asia Pacific region. China is one of the leading markets in the Asia Pacific region. Whereas, in Europe, increasing up gradation, and repair & rehabilitation of the existing infrastructure. driving the growth of the market. In U.K., the values of both public and private sectors construction, are increasing, continuously. This will create huge demand for hard surface flooring market in future. North America is considered as a matured market for construction, which leads to stable growth in the flooring market. Growth in private construction market, especially in the renovation and re-construction, the hard surface flooring market is majorly leading North America. Key Players The prominent players in the global hard surface flooring market include Mohawk Industries (U.S.), Armstrong World Industries, Inc. (U.S.), Mannington Mills Inc. (U.S.), Shaw Industries Group (U.S.), Beaulieu International Group (Belgium), Marazzi Group S.r.l (Italy), Berry Floor NV (Italy), Burke Industries (U.S.), Roppe Corporation (U.S.), Surface America (U.S.), Tarkett SAS (France), TOLI Corporation (Japan), and Windmöller Flooring Products WFP GmbH (Germany). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/hard-surface-flooring-market-4739 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.
ALSO READ: 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 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. 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 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 fiberglass pipes market is poised to have a notable growth at an impressive CAGR over the predicted years (2019-2024). Fiber glass pipes simply put are composite products that are made from glass fiber reinforcements that are enclosed with thermosetting resin. Chief among the factors that has resulted in the popularity and increased usage of fiberglass pipes over traditional pipes include reduced maintenance cost, reduced installation costs, ease of installation, good mechanical properties, dimensional stability high strength-to-weight ratio and overall durability during extreme conditions. Another benefit of using fiberglass pipes is that they have a smooth inner surface which helps in smooth internal bore, create better flow of service liquid and also resists scale-deposits. Owing to its alluring features, fiberglass pipes finds wide application in irrigation, sewage, chemicals and oil and gas. In comparison to traditional pipes, the fiberglass pipes are virtually inert and have low density, high tensile strength, high durability and superior strength. Besides, they possess better mechanical properties which ensures extended product life. The specialty of fiberglass pipes is that they do not have joints or welds, due to which there are lesser chances for punctures and cracks.
ALSO READ: https://www.marketwatch.com/press-release/grp-pipes-market-size-share-growth-analysis-industry-trends-key-players-manufacturers-sales-forecast-period-2020-202-2020-08-11?mod=mw_quote_news There are plentiful factors that is boosting the growth of the fiberglass pipes market. These factors as per the Market Research Future (MRFR) report include growing demand for pipes that are fire retardant, lightweight and has high stiffness and high corrosion resistance, demand for pipes that are easy to install, is flexible for producing complex shapes and has various diameters to cater to the various demands of the customers and has low maintenance cost, high demand in emerging economies, burgeoning demand for water and sewage management applications, growing oil and gas production and lesser chances of punctures and cracks. On the contrary, stringent rules on the usage of fiberglass pipes and high price of material are factors which may obstruct the growth of the fiberglass pipes market over the predicted years. Market Segmentation MRFR report provides an extensive segmental analysis of the fiberglass pipes market on the basis of type, fiber type and end-use. Based on type, it is segmented into GRP pipes, GRE pipes and others. Of these, GRE pipes will have the largest share in the market over the predicted years owing to its use in numerous offshore and onshore oil and gas exploration as well as production. Based on Fiber type, the fiberglass pipes market is segmented into R-glass, S-glass, T-glass, E-glass and others. Of these, E-glass segment will dominate the market over the predicted years. Based on end-use, it is segmented into irrigation, sewage, chemicals, oil and gas and others. Of these, oil and gas will lead the market over the predicted years. Regional Analysis By region, the fiberglass pipes market covers growth opportunities and latest trends across North America, Rest of the World, Europe and Asia Pacific. Of these, the APAC region will sway the market over the predicted years owing to constant boost in infrastructure projects. In India and China, the growing emphasis on creating urban structures, industrial and chemical applications and waste water are propelling the market growth. Various industries are relocating to such areas owing to soaring demand for products and decreased labor cost. This trend is predicted to be seen in the Rest of the World with the increasing demand for wastewater and water applications owing to increasing urban population. Europe and North America are predicted to hold their position owing to the growing oil & gas exploration and shale gas activities. This is anticipated to boost the fiberglass pipes market growth. Key Players Leading players profiled in the fiberglass pipes market include Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd (China), Chemical Process Piping Pvt. Ltd. (India), Future Pipe Industries (UAE), Hengrun Group Co., Ltd. (China), National Oilwell Varco (US), Saudi Arabian Amiantit Co. (Saudi Arabia), HOBAS (Austria), Graphite India Limited (India), Abu Dhabi Pipe Factory (UAE), and Sarplast SA (Switzerland). May 2019- Ashghal is renovating pumping stations for upgrading sewage treatment network at Al Rayyan, AI Messila, AI Mansoura and New Salata pumping stations. At the time of the implementation, the company is also supporting various local manufacturers via making utilization of materials that are locally made such as reinforced steel, concrete, GRP pipes, precast manholes and others. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/fiberglass-pipes-market-2554 Heavy Construction Equipment Market Growth Drivers, Opportunities and Forecast Analysis to 20279/21/2020 Automotive Flywheel Market Upcoming Trends, Growth Drivers and Challenges – Forecast to 20239/21/2020 In its research report, Market Research Future (MRFR), emphasizes that over the review period, the global market 2020 is projected to rise exponentially, securing a significant market valuation and a healthy CAGR.
Drivers and Restraints The global flywheel market for automobiles has experienced remarkable growth. In the last few years, increasing vehicle demand globally has significantly boosted the flywheel market. Demand for commercial vehicles is driven extensively by rising industrialization and service sectors. The expansion of the automotive flywheel market is responsible for increasing demand for different factors such as aesthetics & safety, comfort, and continuous improvement in technology. The manufacturers have developed various technologies for enhancing the comfort factors , i.e. reducing the vibration generated inside the transmission assembly. In addition, a rise in vehicle production and sales raises the need for flywheel adoption in many applications. Growing penetration of semi-automatic transmission systems globally, such as AMT (Automated Manual Transmission) and DCT (Dual Clutch Transmission in the segments of commercial and passenger vehicles, is likely to drive the flywheel market during the forecast period. Rising customer preference for comfort in the automotive sector is due to increased purchasing power of people. Technological innovation such as weight reduction by the use of multiple materials would be an significant factor driving the demand for flywheels. However, rising electric vehicle adoption restrains global market growth. ALSO READ: https://www.marketwatch.com/story/impact-of-covid-19-outbreak-on-automotive-flywheel-market-2020-global-industry-analysis-by-size-growth-share-trends-key-players-competitive-landscape-and-regional-forecast-to-2023-2020-05-28 Segmental Analysis The global automotive flywheel market is segmented based on the transmission, type, material, sales channel and region. Based on the material, the market has been segmented into maraging steel, cast iron, and aluminum alloys. Based on the type, the market has been bifurcated into single mass flywheel and dual mass flywheel. Based on the transmission, the market has been segmented into semi-automatic transmission, manual transmission, and automatic transmission . Based on the vehicle type, the market has been segmented into light commercial vehicles, passenger vehicles, and heavy commercial vehicle. Based on the sales channel, the market has been divided into OEM and Aftermarket. Regional research The global business regional overview was performed in four major regions namely Asia Pacific, North America , Europe and the rest of the world. Asia Pacific is expected to capture the largest market share of sales among all countries, and is estimated to lead over the forecast period. Due to the involvement of nations such as Japan, China and India, where vehicle sales have risen as a result of increased urbanization and rising car purchases, the flywheel demand in this area has also been further affected. Constant technological advancement to lessen the weight of flywheels will further assist in the expansion of the APAC market. It is projected that the European market is driven by customer preference for the car flywheel market. The North American market is slated to gain the second-highest market share of sales and continue to prosper throughout the review era. Competitive Analysis The main market players operating in the global market as identified by MRFR are AISIN SEIKI Co., Ltd (Japan), Schaeffler AG (Germany), American Axle & Manufacturing, Inc. (US), Linamar Corportation (Canada), Valeo SA (France), ZF Friedrichshafen AG (Germany), Ford Motor Company (US), LUTHRA INDUSTRIAL CORP (India), Skyway Precision, Inc. (US), and Iljin (Korea). There is fierce competition among the flywheel manufacturers, which plays an important role in the expansion of the flywheel market as manufacturers are constantly paying attention to evolving different characteristics to make their products unique and match the automotive manufacturers' weight, transmission and speed requirements. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/automotive-flywheel-market-7083 |