Construction Intelligence Report

  Baby Diapers Industry Overview The global  baby diapers market  size is expected to reach USD 108.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2021 to 2028. Growing awareness among new and working parents regarding the use of diapers to maintain hygiene and avoid skin rashes is expected to drive the demand for baby diapers made from comfortable and protective materials. Several consumers are also inclined towards products that have no chemical or synthetic materials.   An increase in the number of working mothers has led to a rise in disposable income primarily in the emerging economies of Asia Pacific, Central, and South America, and the Middle East and Africa. Working mothers spend a large part of their income on  baby products . Thus, the growing participation of women in the workforce has been widening the growth opportunity for baby diapers. The disposable diapers seg...

  Carrageenan Industry Overview The global  carrageenan market  size is expected to reach USD 1.25 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.0% from 2020 to 2028. The rising demand for plant-based thickeners and stabilizers for replacing synthetic and animal-derived ingredients in food and beverage applications is expected to drive the product demand.   As per the Food & Agricultural Organization (FAO), Asia held the largest share in seaweed production globally as of 2020. Southeast Asian countries including Indonesia, the Philippines, and Malaysia are a few of the major cultivators of seaweed providing growth opportunities for local carrageenan manufacturers with abundant raw material availability. The market is fragmented with numerous market participants present across the value chain. Hydrocolloids manufacturers including Cargill Incorporated, CP Kelco, and DuPontare integrated across t...

  Industrial Boilers Industry Overview The global  industrial boilers market  size is expected to reach USD 20.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.0% from 2021 to 2028. Rapid industrialization in developing economies is expected to boost the demand for the industry during the forecast period. In addition, the growing food and beverage industry is expected to positively impact product demand over the coming years.   Boilers are vessels that produce steam to fulfill heating requirements with the support of numerous energy sources including oil and gas, fossils, non-fossils, and biomass. These vessels are used by numerous industries including food and beverage, power,  textiles , FMCG, and thermal power plants. Chemicals and petrochemical is the largest industry to use industrial boilers.   Growing industrialization including the expansion of existing plants and the esta...

  Resilient Flooring Industry Overview The global  resilient flooring market  size is expected to reach USD 67.7 billion by 2028, as per a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 7.2% from 2021 to 2028. Product benefits including cost efficiency, lower maintenance, and improved aesthetics are anticipated to drive the demand for resilient floorings over the forecast period. Factors such as rapid urbanization, changing consumer lifestyle along rising disposable income in the emerging economies of India, China, Brazil, Mexico, and others have spurred market growth. The increasing real estate sector in these economies has substantially driven the market demand for resilient flooring solutions. The market is struggling due to the underperformance of the construction sector caused by the Covid-19 pandemic. This has resulted in a decline in the demand for resilient flooring products from the residential and non-residential sectors....

  Electrical Steel Industry Overview The global  electrical steel market  size is expected to reach USD 34.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.9% from 2021 to 2028. The growing need for power generation has augmented the demand for transformers, generators, and other such products that require electrical steel to deliver enhanced performance. Electrical steel is an iron alloy that contains varying amounts of silicon. Based on its composition and application, it is also referred to as lamination steel, silicon steel, transformer steel, and relay steel. Its phenomenal magnetic properties make it of vital use in rotating and static machines. Based on product, the market is segmented into grain-oriented and non-grain-oriented. The non-grain-oriented segment is anticipated to maintain its dominance over the forecast period owing to its widespread applications in all stages of the energy va...

  Modular Construction Industry Overview The global  modular construction market  size is expected to reach USD 138.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. Increasing emphasis on improving productivity and rising focus on workplace safety at construction sites are expected to drive the market over the forecast period. The process involves the prefabrication of modules at a different location from the actual site in a controlled environment, resulting in reduced timelines for completing building projects. This process allows planned inventory usage and limited wastage of raw materials, thereby, significantly reducing the investment required for building work. Assembly lines for modular construction help producers streamline raw material purchasing and inventory management. Modular constructions are monitored regularly, ensuring a better quality of final products. Furt...

  Europe Immunoassay Analyzers Industry Overview The Europe immunoassay analyzers market size was valued at USD 1.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of  6.0% from 2021 to 2028. Immunoassays play a vital role in disease diagnosis and treatment planning. Thus, an increase in the prevalence of chronic conditions, such as cancer, cardiovascular diseases, and diabetes mellitus and the introduction of technologically advanced automated immunoassay analyzers for its diagnosis has fueled the market growth. Since the outbreak of the novel coronavirus (COVID-19), there has been a crucial demand for diagnostic solutions, including immunoassay analyzers, as it is considered a cornerstone in the management of pandemics. Confirmatory testing allows rapid detection of viruses and helps stop further transmission by isolating patients. European countries including France, Russia, U.K., Italy, Spain, and Germany have reported the highest number...

  North America Plumbing Fixtures Industry Overview The North America plumbing fixtures market size was valued at USD 22.40 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2021 to 2028. An increasing number of construction projects of residential buildings, hotels, restaurants, and airports, coupled with the growing need for modernized bathrooms and kitchens, is driving the market growth. The global COVID-19 pandemic has significantly increased the awareness among people regarding self-hygiene and maintaining a clean environment. Moreover, frequently washing hands with soap has been identified as a critical preventive measure by healthcare organizations around the world. This has had a positive impact on the growth of bathroom fixtures and the trend is likely to continue in the months to come. However, this pandemic has taken a toll on the overall supply chain of the industry, owing to strict lockdown conditions and diminishing supply. ...

  North America Tabletop Kitchen Products Industry Overview The North America tabletop kitchen products market size was valued at USD 11.69 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2021 to 2028. The rising number of eateries and restaurants has driven the need for various tabletop kitchen products for the preparation, service, and delivery of various kinds of foods. The rapid growth of the real estate industry and a rise in commercial construction in the region will drive the market in the coming years. The growing concept of buffet and self-service in the culinary world is also expected to contribute to the market for tabletop kitchen appliances in the region. In addition, the introduction of low-cost ceramic ware and increasing demand for bone china, a high-end product category, is driving the market growth. Companies in the market are focusing on product launches to increase their market share. For instance, in April 2019, Th...

  U.S. Surgical Pet Collar Industry Overview The U.S. surgical pet collar market size was valued at USD 126.0 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028. The surgical pet collar, also known as Elizabethan collar, e-collar, Buster collar, protective collar, or pet cone, has been gaining popularity among most pet owners in the U.S. This medical device has a hollow frustum shape and is used to keep an animal from biting, licking, or scratching itself. The medical collar is generally designed to be attached to the pet’s general collar using a variety of fasteners provided with the product. The growing usage of surgical pet collars has widened their availability in pet stores and veterinarian dispensaries. The market has been booming over the past few years. However, in the wake of COVID-19, it has witnessed unprecedented challenges. The pandemic has impacted the supply chain, thereby causing stress on the workforce and ...

  U.S. Range Cooker Industry Overview The U.S. range cooker market size to be valued at USD 2.66 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% during the forecast period. The rising preference for modular kitchens, coupled with improving living standards, is driving the product demand in the commercial as well as the residential sector in the U.S. Also, the increasing trend of remodeling homes to build and accommodate modular kitchens is resulting in fast-paced product adoption in the U.S. The e-commerce distribution channel witnessed considerable popularity during the pandemic. Owing to lockdowns and social distancing practices, customers are increasingly opting for online purchases. Online sites provide convenience and are working on reducing delivery time. Gather more insights about the market drivers, restraints and growth of the U.S. Range Cooker market   Furthermore, the online platforms offer products at low prices and promo...