Green building materials market is anticipated to grow at a significant CAGR of 11.2% in the upcoming period

Global Green Building Materials market is anticipated to reach USD 364.6 billion by 2022. In Green Building Materials, the recycled products are mainly used as a material, which improve the quality of life and production environment. These materials helping conservation of non-renewable properties and decrease environmental influence related to processing, fabrication, installation, recycling of building materials, disposal, and transportation. To address several environmental challenges the green building materials are working in construction industry, comprising natural resource depletion, loss of biodiversity, atmospheric pollution, contamination of fresh water resources, and anomalous climate change.

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In addition, the low maintenance and operational pressure and costs of environmental regulations relating to productions are the key factors that propel the green building materials industry worldwide. On the other hand, irregular application of energy guidelines and extremely price-sensitive customers may restrain the growth of market. The green building materials market is anticipated to grow at a significant CAGR of 11.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Green building materials industry may be explored by type, applications, and geography. The market may be explored by product as Structural, Interior, Exterior, and Others. Amongst the products, structural products segment accounted for 60%. This segment is anticipated to raise at a CAGR of 11.4% over the upcoming period.

Green building materials market may be explored by application as Framing, Insulation, Roofing, Interior Finishing, Exterior Siding, and Others. The “Insulation” segment is projected to reach 85.9 billion by 2022. However, high stages of energy maintenance, and growing construction activities in the commercial and residential sector are anticipated to help in the development of this sector in the upcoming period.

Moreover, Roofing segment is the second foremost market; followed by framing segment in the years to come. Increasing acceptance of non-toxic recycled rubber roofing owing to its superior durability and weather-resistance is anticipated to propel the demand for roofing products in the forecast period.

North America has been at the forefront with regards to green building materials industry and will continue to rule the roost in the years to come. The North America estimated to account for the major share of 35% of the global volume in 2016. The region is estimated to continue to be a foremost user over the forthcoming period. This inclination is anticipated to remain in the upcoming period due to the construction codes and promising policies regarding usage of products in the building manufacturing, coupled with growing transformation and innovation activities.

Some of the key players that fuel the growth of the green building materials market include Interface, AMVIC Building Systems, Alumasc Group Plc, Binderholz GmbH, BASF SE, and Bauder Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Technological innovations have resulted in the rise in usage of other specialty chemicals

Industry Insights

The global Construction Chemicals Market is anticipated to reach USD 67.61 billion by 2024, expanding at a 6.3% CAGR during the forecast period. Rising requirements from numerous end-use industries including residential & non-residential and infrastructure is expected to drive the market growth over the next nine years. 

In addition, the market expansion is expected to be driven by rapid shift towards urbanization and rising focus towards infrastructure development in emerging economies. Moreover, government initiatives in emerging economies such as India are also presumed to drive the market growth.

On account of stricter environmental regulations, the market participants are focusing on research and development activities to come up with new products complying with guidelines established by various regulatory bodies. Application of biochemical as construction chemicals is at its initial stage, that could prove to be a revolutionary technology in future. Emerging countries such as India and China are presumed to fuel the market owing to various upcoming infrastructure projects under development. China was the major construction market accounting for over 20.0% of the global share in the year 2015.

The market growth is also expected to witness a significant growth on account of rising rate of mergers and acquisitions by major players in the market. In addition, technological innovations have resulted in the rise in usage of other specialty chemicals which consist of chemical flooring, surface coating chemicals, grouting compounds and structural adhesives.

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Product Insights

In terms of market volume share, concrete admixtures accounted for 64.07% in the year 2015 on account of its wide usage in concrete to strengthen its chemical and physical properties. Its applications include all types of constructions such as residential and non-residential infrastructure. The product improves the strength of the construction by providing strong durability, enhanced durability, chemical resistance and considerably lowering cement and water requirement.

Super plasticizers and plasticizers are broadly utilized as concrete admixtures. Super plasticizers are suitable for pre-stressed concrete as majority of the products are chloride free. Chloride causes an oxidation reaction with metals, which then causes corrosion, weakening the building structure.

End-use Insights

Infrastructure and non-residential industry accounted for over 60% of the total market revenue share in 2015. Construction chemicals are applied in non-residential segments such as hotels, office spaces, retail, erection of warehouse and industrial buildings. The growth for infrastructure activities is driven by government initiatives in developing economies which consist of India, China, Brazil and Mexico. In addition, the market growth is anticipated to be fueled by growing trend towards metropolitan developments caused an increase in the need for more residential buildings.

The expansion of the residential & non-residential segment is caused by growing per capita income together with strengthening economic policies in the emerging economies. Overseas investments have increased in the recent years in Asia Pacific, which is also propelling the growth.

Regional Insights

With a market share over 45%, the Asia Pacific region was valued as the largest market for the product globally in 2015. India and China are the key markets in the region contributing over 50% of the total regional market size. The growth of construction chemicals market is directly associated with the development of construction sector.

Asia is presumed to witness an investment of about USD 8.0 trillion by the year 2020 according to the Asia development bank. Growing urbanization trend and increasing disposable income of population in countries such as India, Vietnam and China has generated a necessity for better transport systems, water & sanitation facilities and buildings. Further, numerous international investors are focusing on re-allocating their capital in APAC.

Construction and infrastructure activities have seen a rapid growth in the country since the launch of 2011-20 Economic Transformation Program (ETP) by the Malaysian government. The construction sector in Vietnam was valued at USD 24.0 billion in the year 2012. All these factors are projected to result in the consistent growth of construction industry in APAC region, which in turn will cause a high growth of construction chemicals in this region.

Competitive Insights

The major players in the global construction chemicals market are FOSROC chemicals, BASF SE, Grace & Co., Arkema S.A., Dow chemicals, Pidilite Industries Ltd., Mapei S.P.A and RPM International Inc. The market is extremely competitive in nature with key players engaged in product innovation and R&D.

Market players are trying to enlarge their customer reach through various strategies which consist of new product launches and exhibitions. The U.S. based manufacturer, Dow Chemicals is a key player in this market. The firm manufactures a wide range of sealant products and adhesives. Strategic agreements and launching innovative products has helped the company to preserve their position in the construction chemicals market globally.

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Robotic lawn mower market is motivated by increasing business of tourism and construction

Synopsis:

The global Robotic Lawn Mowers Market scope was appreciated by US$ 351.12 million during 2018 and is likely to record a CAGR of 21.9% during 2019 to 2025. The global market scope of robotic lawn mowers is estimated to touch US$ 1,400.62 million by 2025.

The arrival of GPS armed and remote-controlled independent lawn mowers has made gardening cooler by way of making these products easy to operate, monitor, and track. Additionally, there has been a prominent growth in consumer attention in the actions of gardening all over the world. It is generating better necessity for gardening apparatuses for example robotic lawn mowers.

Drivers:

Improved spending on actions for example garden parties, prettification of back yard, cookouts in backyard and landscaping, accompanied by the necessity to save the time are likewise inspiring the demand for a range of gardening apparatuses, which is boosting the demand in market.

The robotic lawn mower market is likewise motivated by features for example the increasing business of tourism and construction, together with the growing per head earnings of people throughout the world. Furthermore, increasing customer preference to energy-efficient methods and the increasing reputation of self-governing apparatus that needs least possible operator interference is likewise estimated to influence the global market for robotic lawn mowers. The ongoing change from manual apparatuses to technically innovative, automatic apparatuses is moreover expected to support in developing a huge set of openings for the companies.

The existence of intellectual sensory controls in robotic lawn mowers that confirm automatic trimming of a prearranged countryside is also estimated to considerably influence the robotic lawn mowers industry demand during the nearby future. Additionally, important companies are busy in incorporating ledge sensors and supplementary features for example mapping of lawn, laser vision, memory, self-emptying, and smart navigation in their products to increase the enactment and effectiveness of these apparatuses. The consequential growth in the obtainability of additional effectual robotic lawn mowers is expected to work well for the market during the nearby future.

Classification:

The global robotic lawn mower industry can be classified by End Use, Type of Battery, and Region. By End Use, it can be classified as Commercial, Residential. By Type of Battery, it can be classified as 20V to 30V, below 20V.

Regional Lookout:

The global robotic lawn mowers market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to record a CAGR of above 18% from 2019 to 2025. The speedy leap of development in the region has steered to a massive growth in the activities of commercial and residential structure. This is likely to outgrowth sales of a range of gardening and lawn maintenance apparatuses. Furthermore, forthcoming occasions for example Olympics 2020 in Japan require the systematic maintenance along with the artistic upgradation of yards and lawns. This is consequently estimated to prompt the demand for robotic lawn mowers within the region.

Europe dominated the market in 2018 and was responsible for more than 30% share of the general income of the market. The provincial market is expected to preserve its supremacy during the period of forecast also. This development is credited to an improved inclination to energy effective robotic lawn mowers that guarantee a low-slung degree of discharges, augmented online transaction, and the growing admiration of landscaping facilities to improve commercial and residential lawns.

Companies:

Some of the important companies for robotic lawn mowers market are Husqvarna Group, STIGA S.p.A, American Honda Motor Co., Inc., Robomow Friendly House, Robert Bosch GmbH, and Deere & Company.

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Respiratory Protective Equipment (RPE) Market is expected to reach USD 8.53 billion by 2022

Global Respiratory Protective Equipment (RPE) Market is expected to reach USD 8.53 billion by 2022. Respiratory Protective Equipment (RPE) is a specific type of Personal Protective Equipment (PPE), mainly used to guard the individual wearer against the breath of dangerous constituents in the office air. Breathing apparatus and respirator are the two major types of RPE. It is used only when there is satisfactory control of exposure cannot be accomplished. The Respiratory Protective Equipment Market is estimated to grow at a significant CAGR of 7.5% over the forecast period as the scope and its applications are rising enormously across the globe.

Respiratory Protective Equipment (RPE) Market is segmented based on product type, end user, and region. Supplied air respirators and air-purifying respirators (APR) are the product types that could be explored in Respiratory Protective Equipment (RPE) in the forecast period. Air-purifying respirators sector comprise escape respirators, unpowered, and powered (PAPR). On the other hand, supplied air respirators include airline respirators, self-contained breathing apparatus (SCBA), and full-face mask.

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Air-purifying respirators (APR) sector accounted for the substantial market share of Respiratory Protective Equipment (RPE) in terms of revenue and is estimated to lead the overall market in the coming years. this may be because of high demand in oil & gas, mining, and petrochemical sector.

The market may be categorized based on end users like mining, oil & gas, healthcare, fire services, construction, petrochemical/chemical, pharmaceutical, industrial, and others that could be explored in Respiratory Protective Equipment (RPE) in the forecast period. Industrial sector accounted for the substantial market share of Respiratory Protective Equipment (RPE) and is estimated to continue its dominance in the coming years. This may be because of increasing metal fabrication and automotive industries in the developing countries like Brazil, China, and India. Also, oil & gas sector is estimated to grow at fastest pace with highest CAGR in the coming years.

Globally, North America accounted for the substantial market share of Respiratory Protective Equipment (RPE) and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be increasing awareness towards personal safety. The United States is a major consumer of Respiratory Protective Equipment (RPE) in the region.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Respiratory Protective Equipment (RPE) in this region.

The key players of Respiratory Protective Equipment (RPE) Market are Kimberley-Clark, Delta Plus, Ansell Ltd., 3M Co., MSA Safety, Bulwark Protective Apparel Uvex Safety Group, Alpha Pro Tech, and DuPont. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Plate and frame heat exchanger industry is identified by a regular procurement of raw material supplies

The global plate and frame heat exchanger market size was estimated at USD 3.35 billion in 2014 and is projected to reach USD 5.99 billion by 2022. It is expected to experience a significant growth over the forecast period. This can be attributed to growing use in applications such as commercial, industrial and engineering sectors in addition to rising product utilization, especially in residential & commercial HVAC, automotive segments.

The industry is identified by growing emphasis on enhanced efficiency standards together with technological improvements and new developments. These factors are expected to reduce total ownership expenses and improve durability & efficiency levels of heat exchangers over the next eight years. Need for power generation coupled with infrastructural expansions in the energy sector is expected to serve the growth over the next seven years.

Plate and frame heat exchanger industry is identified by a regular procurement of raw material supplies such as stainless steel, EPDM rubber and chloroprene rubber. However, chloroprene rubber in addition to stainless steel has fluctuating prices of raw materials that are expected to hamper market growth. Technological advancements and innovations in the gasket, frame and plate designs are anticipated to increase the heat transfer efficacy, reduce operating costs, maintenance costs and investment. The market is expected to be driven by new product development through the implementation of various technical innovations

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In 2014, frame heat exchanger and gasketed plate were the leading product segments capturing approximately 50.0% of the market revenue. Widespread application in power plants owing to compact size and lower maintenance has resulted in this high market penetration. It is widely used for cooling, heating, evaporation, condensation and heat recovery applications. The market is expected to have a positive impact on account of growing gasketed heat exchanger demand, especially in petrochemical and power generation and automotive sector.

Increasing use in floor heating, economizers, refrigerant evaporators, oil coolers, condensers and super-coolers is expected to serve the brazed plate heat exchanger market significantly however, the market can face a few challenges with respect to competition from new market players thereby impacting the growth of plate heat exchanger industry from 2016 to 2024. Further, the conventional technology is being replaced with highly efficient substitutes which are expected to pose a major threat to market growth. On the other hand, welded plate heat exchanger is anticipated to experience high growth owing to its rising use in numerous industries such as petrochemical, automobile, paper manufacturing and pharmaceuticals on account of improved features in performance.

In 2014, HVAC contributed to over 20.0% of the overall market and is anticipated to witness high growth in the next eight years. Asia Pacific is expected to fuel demand in the sector on account of growing construction projects in Asia Pacific over the review period. Rising need for efficient thermal management in commercial and residential establishments coupled with increasing consumer spending is anticipated to propel HVAC demand from 2016 to 2024. HVAC systems form a key segment under heat exchangers. Rising awareness concerning energy management and conservation and cutback in energy bills is expected to propel demand for the product in HVAC sector.

Chemical industry constituted for nearly 20% of plate and frame systems market revenue in 2014. Key products in chemical industry include inorganic chemicals, petrochemicals and fertilizers. Petrochemical derivatives such as ethylene, base chemicals and polymers and methanol involve crucial conditions that involve well-organized and efficient thermal management systems in the manufacturing units. Production capacity expansions and mergers and acquisitions of chemical facilities in Asia Pacific and Europe are anticipated to fuel chemical market from 2016 to 2024.

Europe emerged as the largest regional segment and is thereby expected to grow at an estimated CAGR exceeding 6.3% over the forecast period. However, high growth regions such as Asia Pacific and CSA regions may pose a threat to the European market and capture a part of the overall market share over the forecast period. Recent improvements in nuclear and renewable energy segments are projected to enhance requirements in the power generation segment in Europe. Additionally, the plate and frame heat exchanger demand is expected to be driven by growing need for heat recovery applications in HVAC, food and beverage and chemical sectors over the forecast period.

In 2014, Asia Pacific constituted for nearly 20% of the overall industry. Need for commercial and industrial establishments coupled with growing construction projects are likely to propel HVAC market in the region. It is anticipated to witness the fastest growth over the review period. Supportive government policies and initiatives in Japan and India as an effort to develop solar and thermal energy are estimated to drive market demand in power generation sector for heat exchangers. Key industry players include Alfa Laval AB, Danfoss A/S, Tranter Inc., GEA Group, SPX Corporation, LLC, AIC S.A., SGL Carbon Technic, API Heat Transfer, Guntner GmbH & Co. KG and Kelvion Holdings GmbH.

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