Tag: Trends

industry forecast

ARA Forecast Shows Equipment Rental Segment Moving from Relief to Recovery

Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to explode past its peak totals in 2022 according to the latest ARA forecast released by the American Rental Association (ARA). The updated forecast calls for equipment rental revenue to reach just under $47.7 billion in 2021, […]

Approximately 38% of 2K Protective Coating Revenue Generated through Epoxy Resins

The demand for 2K protective coating revenue has witnessed a significant growth in the past few years, due to rising urbanization in developing countries. People are moving towards urban areas from rural areas. This has increased the demand for residential and infrastructure projects in developing countries. 2K protective coating plays […]

The global concrete repair mortars market size is expected to reach USD 3.73 billion by 2028 according to a new study by Polaris Market Research.

Concrete Repair Mortars Market Size Worth $3.73 Billion By 2028

The global concrete repair mortars market size is expected to reach USD 3.73 billion by 2028 according to a new study by Polaris Market Research. The report “Concrete Repair Mortars Market Share, Size, Trends, Industry Analysis Report, By Mortar Type (Epoxy-Based Mortar, Polymer-Modified Cementitious Mortar); By End-Use (Utility, Roads & […]

Construction Industry’s Worker Shortage Hurts Housing Affordability and Supply

The construction industry faces a shortfall of workers, nearing 200,000 according to a new report released by the Home Builders Institute (HBI). The construction industry worker shortage wil hurt both supply and housing affordability nationwide. The first-ever HBI Construction Labor Market Report notes that shortages of skilled trade workers directly […]

2021 cement consumption forecast

PCA Releases Spring 2021 Cement Consumption Forecast

Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan recently presented their annual Spring 2021 cement consumption forecast, predicting an increase in cement consumption for 2021 and 2022. “Remarkably, U.S. cement consumption recorded 2% growth during 2020. It is remarkable because COVID-19 exerted a […]

5 gallon metal buckets

Construction Chemical Applications in Residential Initiatives Drive Demand

The essential nature of construction chemical applications in the construction and engineering sector is expected to support market growth for the duration of the assessment period from 2021 to 2031. In a new market report, an ESOMAR-certified market research and consulting firm has stated the valuation of the market at […]

High Demand for Water-based Polyaspartic Coatings from Construction Industry

The global polyaspartic coatings market is in the recovery phase with the construction and transportation sectors gaining momentum again after initial shocks due to the COVID-19 pandemic. While manufacturers are gaining momentum again, high demand for water-based polyaspartic coatings is significantly surging from key end-use industries such as power generation, […]