Construction Intelligence Report

  Flywheel Energy Storage System Industry Overview The global flywheel energy storage system market size was valued at USD 326.43 Million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. The growing energy storage market and automobile industry, globally, have provided a boost to the market. Increasing demand from UPS and data center application segments has driven the market for flywheel energy storage systems, within this region. Similarly, distributed energy generation, which involves the generation of power at the place of consumption, is expected to result in augmented demand for the flywheel energy storage systems, within this region. The U.S. held the largest share among all countries in the North American flywheel energy storage market, in 2021. The Energy Storage Association (ESA) looks after the energy storage affairs in this country. Problems arising due to the interruptions and fluctuations of power supply ...

  Aerospace Parts Manufacturing Industry Overview The global aerospace parts manufacturing market size was estimated at USD 851.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030. The rising demand for lightweight, new-generation and fuel-efficient aircraftowing to the emphasis on reducing Greenhouse Gas (GHG) emissions is predicted to boost market growth over the forecast period. The aerospace industry was severely impacted due to the COVID-19 pandemic as manufacturers were unable to export the product owing to the trade limitations placed by the various governments. In addition, the majority of the manufacturers suspended operations across all the major economies to comply with the norms for lockdown, which impacted market growth. The market for aerospace parts manufacturing is expected to witness a supply-demand gap, leading to a rise in the order backlog of aircraft deliveries. This is expected to encourage the OEMs (...

  Construction Adhesive Industry Overview The global construction adhesive market size was valued at USD 9.65 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030. Growing investments in the infrastructure sector worldwide are likely to push the demand for construction adhesives during the forecast period. As per the United Nations’ report on infrastructure in 2021, increasing investments in the infrastructure segment can add 0.6% to the global GDP. This addition can be more in some countries, including the U.S. and Brazil where it is up to 1.3% and 1.5%, respectively. Emerging economies are expected to remain key markets for construction adhesives demand, as 60% of infrastructure investment is projected to be attracted by these countries. Commercial construction is anticipated to remain a key driver for the long-term growth of the U.S. market. It accounted for over 34.0% of the revenue share in 2021 and is likely to grow ...