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Showing posts from November, 2023

[2028] India Construction Market Update, Overview, Data, Forecast

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  India construction market   is anticipated to grow with an impressive CAGR in the forecast period, 2024-2028, on the account of increasing investment in the sector. Expansion of the construction industry is also dependent on the growing need for the housing and accommodations for the population. Rising population of the country and growing demand for government-aided accommodations, further drive the growth of the India construction market in the upcoming five years. With rising concerns over availability of the construction materials and price inflation due to COVID-19, the industry was drastically affected that is expected to reinstate its growth in the next five years along with the government funding through Union Budget 2022. Growing Demand For Building Infrastructure Promises Market Growth Rapidly increasing demands for the residential buildings and other infrastructure is majorly responsible for the growth of the India construction market in the upcoming five years. R...

India Cement Market [2028]: Analysis & Forecast

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  India cement market   was valued at USD26023.83 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.98%, owing to rapidly increasing mega infrastructural projects, a rise in renovation and construction activities. A cement is a binder, a substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement/concrete is the second-most-utilized product in the world after potable water. Cement used in construction is typically inorganic, based on lime or calcium silicate, and is classified as either non-hydraulic or hydraulic, depending on its capacity to set in the water. Mega Infrastructural Projects Driving Market Growth The economy of India relies heavily on the infrastructure industry. This sector is essential to India's overall growth, and the government has placed a high priority on enacting regulations that would ensure the country's building of world-class infrastructure promptly...

United States Facility Management Market - Growth, Trends [2028], & Analysis

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  United States Facility Management market   is anticipated to register a robust CAGR during the forecast period. Growing interest of governments of several countries in investing in infrastructure development, especially in the construction of railways, ports, airports and many other infrastructures, is boosting the growth of the facilities management software market. Numerous collaborations with some private contractors and various government projects with international players are also expected to boost the market growth. Facilities management is basically divided into two areas: hard facilities management (hard FM) and soft facilities management (soft FM). Hard facilities management deals with physical assets such as heating and cooling, elevators, and plumbing, while soft facilities management deals with human-performed tasks such as lease accounting, catering, security, groundskeeping, and custodial services. Facility management software helps businesses manage their ent...

Plastic Decking Market - Growth, Trends [2028], & Analysis

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  The Global   Plastic Decking Market   is expected to thrive during the forecast period 2023-2028. Plastic decking, also known as polyvinyl chloride (PVC) or synthetic decking, is primarily made from recycled or virgin plastics that do not contain fillers in the formulation. It is light and has the same density as white pine. Plastic decks don't require the time-consuming staining, painting, sealing, or sanding of wood decks. Synthetic decking is resistant to stains and fading. A wood grain finish is often used on debris-resistant plastic decks to improve traction. Plastic decks and docks reduce the risk of collapse by being weatherproof and waterproof. Prevent insect infestation by using plastic decking that does not contain natural materials for insects to eat or build nests in. Plastic deck planks are safe from extremes such as sweltering heat, snow, and rain. A well-crafted and planned PVC deck mimics the appearance of wood without the maintenance required of ha...