Global Architectural Metal Coatings Market

Architectural, Engineering Consultants And Related Services Market Definition

The architecture, engineering consultants and other related services (A,EC & related services) market consists of the sales of A,EC & related services and related goods by entities (organizations, sole traders and partnerships) that provide support to the planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering consultants and other related services are generally referred to as architectural firms or engineering consultancy firms. Architecture, engineering consultants and related services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. Only goods and services traded between entities or sold to end consumers are included.

Precast Concrete Market Definition

The precast concrete market consists of the sales of precast concrete by entities (organizations, partnerships, and sole proprietors) that refer to the prefabricated concrete products made beforehand in a conducive environment. Precast concrete is a simple concrete that has been cast in a location beside the one in which it would be used. It is easier to control the mix, placement, and curing of precast because it is produced in a managed casting environment. Precast concrete is widely used due to its functional versatility in parking garages, bridges, office buildings, stadiums, shops, and housing with repetitive and modular elements. Concrete is a mixture of aggregates and paste. The aggregates are sand and gravel or crushed stone; the paste is water and Portland cement. Precast concrete is produced through the use of advanced manufacturing techniques in a controlled factory environment. In order to create precast concrete, concrete is poured into reusable and adjustable molds before being vibrated and cured. Precast concrete can also be created using specified, architectural finishes, such as staining or polishing, which is also applied in the factory.

A design is a plan or something made in the arts or fashion. It is a strategy for arranging elements in the most effective way to achieve a specific goal. Research is described as the creation of new knowledge and/or the creative application of existing knowledge to generate new concepts, methodologies, and understandings. Promotional services are those that aid in spreading the word about a given good, service, or business. Consulting services refer to the delivery of knowledge or strategic counsel that is made available for consideration and judgement. The main types of design, research, promotional, and consulting services are photographic services, market research services, advertising, public relations, and related services; scientific research and development services; environmental consulting services; management consulting services; specialised design services; architectural and engineering consultants; and related services. Photographic services is a department of Design and Publication Services that offers photographic services to university academics and employees, such as a photographer and a photo lab technician. The different modes include online and offline. The various service providers include large enterprises as well as small and medium-sized enterprises. The design, research, promotional, and consulting services market research report is one of a series of new reports from The Business Research Company that provides design, research, promotional, and consulting services market statistics, including design, research, promotional, and consulting services industry global market size, regional shares, competitors with a design, research, promotional, and consulting services market share, detailed design, research, promotional, and consulting services market segments, market trends and opportunities, and any further data you may need to thrive in the design, research, promotional, and consulting services industry. This design, research, promotional, and consulting services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global design, research, promotional and consulting services market grew from $4,416.04 billion in 2022 to $4,675.89 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The design, research, promotional and consulting services market is expected to grow from $5,693.63 billion in 2027 at a CAGR of 5.0%. Stable economic growth is expected to propel the growth of the design, research, promotional, and consulting services market going forward. According to the International Monetary Fund (IMF), a US-based financial agency of the United Nations, global GDP growth reached 3.5% in 2020, a 0.3% increase compared to previous years. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India's GDP reached 7.2%, whereas China's GDP growth reached 6.0% in 2020. Stable economic growth is expected to increase investments in end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the design, research, promotional, and consulting services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the design, research, promotional, and consulting services market will recover from the shock across the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Companies in the design, research, promotional, and consulting services market are shifting from the traditional per-hour and per-month revenue models to a value-oriented revenue model. In line with increasing wages and pressure from clients to lower pricing, many companies are shifting towards value-oriented billing. Value-oriented billing is easy to apply in markets such as management consulting and market research since the value (such as tax savings, damage awards, ad placements, or the size of an acquisition or merger) is often explicit. It is expected that more design, research, promotional, and consulting service providers will shift to value-based pricing as they try to become "advisors" rather than just service providers. Major companies in the design, research, promotional, and consulting services market include Accenture, Deloitte Touche Tohmatsu Limited, Total SA, PowerChina, WPP plc, PwC, Ernst & Young, Omnicom Group Inc., Jacobs Engineering Group Inc., and Fluor Corporation. North America was the largest region in the design, research, promotional and consulting services market in 2022. Western Europe was the second largest region in design, research, promotional and consulting services market. The regions covered in the design, research, promotional and consulting services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the design, research, promotional and consulting services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The design, research, promotional and consulting services (also referred to as general professional services) market consists of revenue earned by entities that offer expertise and services to a wide range of industries, and in some cases to households and individuals. Activities include architectural services, engineering services, design services, research services, advertising services, and other design, research, promotional and consulting services. Design, research, promotional and consulting establishments undertake processes where human capital is the major input. These establishments make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global design, research, promotional and consulting services market is segmented - 1) By Type: Photographic Services, Market Research Services, Advertising, Public Relations, And Related Services, Scientific Research And Development Services, Environmental Consulting Services, Management Consulting Services, Specialized Design Services, Architectural, Engineering Consultants And Related Services 2) By Mode: Online, Offline 3) By Service Provider: Large Enterprise, Small and Medium Enterprise Subsegments Covered: Portrait Studios Services, Commercial Studios, Marketing Research And Analysis Services, Public Opinion And Election Polling, Advertising Agencies, Other Advertising Services, Public Relations, Direct Mail Advertising, Billboard & Outdoor Advertising, Media Buying Agencies And Representative Firms, Print Advertising Distribution, Social Sciences And Humanities Services, Physical, Engineering, And Life Sciences, Nanotechnology Services, Biotechnology Services, Site Remediation Consulting Services, Other Environmental Consulting Services, Water And Waste Management Consulting Services, Environment Management, Compliance And Due Diligence, Operations Advisory, Financial Advisory, Technology Advisory, Strategy Advisory, Other Consulting Services, HR Advisory, Interior Design Services, Graphic Design Services, Industrial Design Services, Fashion And Other Design Services, Engineering Services, Architectural Services, Laboratory Testing Services, Surveying & Mapping Services, Building Inspection Services, Geophysical Services, Drafting Services

An architectural firm provides services such as planning, designing, and supervising the complex task of building construction. An engineering firm can provide extensive consultation to a company needing expert advice and solutions. The company can accept the project and work on evaluating, designing, simulating, and testing the product. The main types of architectural and engineering consultants and related services are engineering services, architectural services, surveying and mapping services, geophysical services, laboratory testing services, building inspection services, and drafting services. Engineering services are defined as those provided for system, assembly, or product deployments that are comparable in material, design, and scope to those stated for this program. It is used in various applications such as road, rail, port, airport, pipeline, power and others. The different service providers include large enterprises as well as small and medium-sized enterprises. The global architectural, engineering, and related services market research report is one of a series of new reports from The Business Research Company that provides global architectural, engineering, and related services market statistics, including global architectural, engineering, and related services industry global market size, regional shares, competitors with a global architectural, engineering, and related services market share, detailed global architectural, engineering, and related services market segments, market trends and opportunities, and any further data you may need to thrive in the global architectural, engineering, and related services industry. This global architectural, engineering, and related services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global architectural, engineering consultants and related services market grew from $1,456.69 billion in 2022 to $1,525.79 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The architectural, engineering consultants and related services market is expected to grow from $1,773.06 billion in 2027 at a CAGR of 3.8%. The rise in demand for environmentally safe and certified buildings is expected to drive the architecture and engineering services market. Consumers, state governments, and NGOs are working towards making residential and commercial buildings more energy efficient and self-sufficient. Private constructors and real estate developers are redesigning projects to fulfil these demands, leading to many benefits such as an increase in rental and resale value, home-owner satisfaction, lower operating costs, and regional or international recognition. The US Green Building Council launched the Leadership in Energy and Environmental Design (LEED) certification program to establish a set of rating systems that define the construction, design, and maintenance of residential projects. According to a study by the US Green Building Council (USGBC), LEED-certified buildings have managed to reduce carbon, energy, waste, and water waste by almost 30–97% and operating costs by more than 9%. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the architectural, engineering, and related services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the architectural, engineering, and related services market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Architectural and engineering consultants are using 5D building information modelling (BIM) to create dynamic building designs that can be altered at later stages of the project. BIM software is a tool used to design buildings and structures, including lighting, HVAC systems, and mechanical, electrical, and plumbing systems. It can also be used for clash detection, cost estimation, and safety analysis. 5D building information modelling (BIM) involves creating architectural designs that can be modified and customized in real time. This system collects data from different project teams and helps collaborate with the entire construction chain, eliminating project delays. For instance, construction management company The Korte Company is using 5D BIM technology for project design, planning, and cost estimation, thereby enabling faster decision-making. The Maharashtra Metro Rail Corporation in the Indian state of Maharashtra is using 5D BIM in its construction projects worth $3 billion to reduce costs and litigation. Major companies in the architecture, engineering, and other related services market include PowerChina, Fluor Corporation, AECOM Technology Corporation, WorleyParsons Limited, McDermott International Inc., Jacobs Engineering Group Inc., John Wood Group PLC, KBR Inc., Babcock International, and WSP Global Inc. Western Europe was the largest region in the architectural, engineering consultants and related services market in 2022. North America was the second largest region in the architectural, engineering consultants and related services market. The regions covered in the architecture, engineering consultants and other related services (A, EC & related services) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the architectural, engineering consultants and related services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The architecture, engineering and other related services market consists of revenue earned by entities by providing support to the planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering and other related services are generally referred to as architectural firms or engineering consultancy firms. Architecture, engineering and related services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global architectural, engineering consultants and related services market is segmented - 1) By Type: Engineering Services, Architectural Services, Surveying & Mapping Services, Geophysical Services, Laboratory Testing Services, Building Inspection Services, Drafting Services 2) By Application: Road, Rail, Port, Airport, Pipeline, Power, Other Applications 3) By Service Provider: Large Enterprise, Small and Medium Enterprise Subsegments Covered: Civil Engineering Services, Electrical Engineering Services, Mechanical Engineering Services, Other Engineering Services, Landscape Architectural Services, Building And Structural Architectural Services Geophysical Data Collection, Geophysical Data Sales, Integrated Geophysical Services, Other Geophysical Services

Drafting services are critical for the successful completion of architectural and design projects. CAD drawings ensure that everyone involved in a process understands precisely what to do, which is the key to success. Drafting helps expand upon, clarify, and modify their initial plans and ideas, and it helps them organize content into a meaningful sequence or flow. The main types of drafting services are mechanical drafting services, site drafting services for civil engineering projects, structural components of building drafting services, architectural drafting services, drafting of as-built drawings, drafting consulting services, and others. Mechanical drafting services are the process of developing technical machine drawings and mechanical assemblies for mechanical engineers using blueprints within CAD applications. The services are used by various industries, including education, healthcare, hospitality, industrial, residential, and others. The different providers include large enterprises as well as small and medium-sized enterprises. The drafting services market research report is one of a series of new reports from The Business Research Company that provides drafting services market statistics, including drafting services industry global market size, regional shares, competitors with a drafting services market share, detailed drafting services market segments, market trends and opportunities, and any further data you may need to thrive in the drafting services industry. This drafting services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global drafting services market size will grow from $5.39 billion in 2022 to $5.71 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global drafting services market size is expected to grow to $6.89 billion in 2027 at a CAGR of 4.8%. The growing demand for computer-aided design (CAD) services is expected to propel the growth of the drafting services market. Computer-aided design (CAD) includes the design and drafting of objects, goods, or structures using computer technology. Owing to the tremendous benefits that CAD provides to real estate developers, architects, interior designers, and consumers, CAD outsourcing has proven particularly relevant in the sector of architecture and building design. For instance, in 2021, Autodesk, an American-based software company, revealed that the company's revenue for AutoCAD, and AutoCAD LT products grew by 16% compared to 2020. Therefore, the growing demand for CAD services drives the growth of the drafting services market. The high cost of computer-aided design (CAD) drafting services is expected to hamper the growth of the drafting services market in the forecast period. CAD, or computer-aided design and drafting (CADD), is a design and technical documentation software that substitutes an automated process instead of a manual design. The cost of the design depends upon the type and size required. Most of the drafting firms will charge an average of $100 to $120 an hour. Architects are more costly, charging $130 to $150 per hour. Therefore, the high cost of CAD drafting services hinders the growth of the drafting services market. 3D printed buildings are a key trend gaining popularity in the drafting services market. A 3D printer can support the design and construction of the entire building. This method is more eco-friendly, cost-effective, and time-efficient in printing buildings than other traditional methods. A digital 3D design of an object is produced either by computer-aided design (CAD) or by a 3D scanner. In January 2020, Zortrax, a Polish manufacturer of 3D printers and filaments for SMB, launched a 3D printing service that utilises the full product portfolio of the company. Customers that want to use 3D printing but can't afford to purchase a machine and use it in-house will be able to obtain produced parts for prototyping, tooling, or end-use product applications. In February 2022, HDR Inc., an US-based engineering company, acquired SPF Water Engineering and MDS Drafting for an undisclosed amount. The deal will help to increase HDR's employee count by 30 and expands its presence in the Northwest's drinking water and wastewater sector. SPF Water Engineering is a water, wastewater and hydrogeologic consulting firm, and MDS Drafting LLC is a drafting and design services firm providing affordable architectural casework, cabinet shop drawings and millwork drafting services. Major players in the drafting services market are Vegacadd, Creative Drafting, Tier 1 Utility Design, VIATechnik LLC., Curtainwall Design Consulting, CFI Engineering, Aedas, MatkinHoover Engineering & Surveying, Duenas Camacho & Associates and Gray Design Group. North America was the largest region in the drafting services market in 2022. Western Europe was the second largest region in the global drafting services market. The regions covered in the global drafting services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the drafting services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The drafting services market consists of revenue earned by entities that draw detailed layouts, plans, and illustrations of buildings, structures, systems, or components from engineering and architectural specifications. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The global drafting services market is segmented - 1) By Service Type: Mechanical Drafting Services, Site Drafting Services For Civil Engineering Projects, Structural Components Of Buildings Drafting Services, Architectural Drafting Services, Drafting Of As:Built Drawings, Drafting Consulting Services, Other Services 2) By End-User: Education, Healthcare, Hospitality, Industrial, Residential, Other End-Users 3) By Provider: Large Enterprise, Small and Medium Enterprise

Powder coating is a finishing process that keeps the binder and filler parts in a liquid suspension form. Powder coating is a technique that generally involves coating an entity with free-flowing, dry powder electrostatically and then curing it under heat or with ultraviolet light. The main types of powder coatings are thermoset and thermoplastic. Thermoset materials are used in the majority of powder coating techniques because they can offer a durable and beautiful surface layer. The main coating methods are electrostatic spray and the fluidized bed that is applied in appliances, automotive, architectural, furniture, agriculture, construction, earthmoving equipment (ACE), general industrial, and other sectors. The powder coatings market research report is one of a series of new reports from The Business Research Company that provides powder coatings market statistics, including powder coatings industry global market size, regional shares, competitors with a powder coatings market share, detailed powder coatings market segments, market trends and opportunities, and any further data you may need to thrive in the powder coatings industry. This powder coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global powder coatings market size will grow from $17.82 billion in 2022 to $19.15 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global powder coatings market size is expected to grow from $24.79 billion in 2027 at a CAGR of 6.7%. Powder coatings release a negligible amount of volatile organic compounds (VOC) when compared to solvent-based coatings. VOCs are carbon compounds that become gas at room temperature and are the main reason for air pollution. Governments across the world are trying to enforce different regulatory acts to reduce the emissions of VOCs. For instance, to reduce the emission of VOC, the Hong Kong government has implemented a regulation that restricts products that exceed the standard emission of VOC in the country. Thus, limitations on products that generate high VOCs promote the sales of powder coatings, thereby driving the market. Powder coating is an energy-intensive process that consumes more energy during the curing process. Curing is a chemical process where paint is allowed to dry and harden. The high consumption of energy increases the operating expenses of manufacturing companies. For example, in Sweden, nearly 350 powder coating plants are using more than one metric ton of coating powder, which accounts for the total energy usage of 525 GWh/year, corresponding to 1.5 GWh/year per plant. Thus, the high energy consumption of powder coating restrains the growth of the market. Companies are now focusing on a new coating technology for heat-sensitive substrates such as medium-density fiberboard (MDF). This technology consumes less power as the curing process is done at a lower temperature compared to the conventional method. For instance, IGP-RAPID, released by IGP, is based on new raw materials combined with IGP technology and enables low-temperature powder coatings at 266 °F (130 °C) and curing times of 3 minutes. This technology is ecological, enhances product design, and provides long-term functional protection. Major players in the powder coatings market are AkzoNobel N.V., PPG Industries, Sherwin Williams, BASF SE, Axalta Coating Systems, Kansai Nerolac Paints Limited, Jotun, IFS Coatings, The Valspar Corporation, Asian Paints, and RPM International Asia-Pacific was the largest region in the powder coatings market in 2022. Western Europe was the second-largest region in the global powder coatings market. The regions covered in the global powder coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the powder coatings market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The powder coating market consists of the sales of epoxies, polyesters, super durable polyesters, epoxy-polyester hybrids, fluoropolymers, and urethanes powder coatings. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global powder coatings market is segmented - 1) By Type: Thermoset, Thermoplastic 2) By Coating Method: Electrostatic Spray, Fluidized Bed 3) By End Userr Application: Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (ACE), General Industrial, Other End-User Applications

Precast concrete refers to a type of concrete that is prepared, cast, and cured off-site using reusable molds, typically in a controlled factory setting, as it is easier to control the mix, placement, and curing of precast because it is produced in a managed casting environment to provide functional versatility in parking garages, bridges, office buildings, stadiums, shops, and housing with repetitive and modular elements. The main precast concrete products are structural building components, architectural building components, transportation products, water and waste handling products, and others. Structural building components are used for rapid works of structural buildings. The precast building is made up of various precast components such as footings, beams, slabs, columns, walls, and facades, among others. The elements of precast concrete include columns and beams, floors and roofs, walls and barriers, girders, pipes, paving slabs, utility vaults, and others which are used by end-users such as residential, non-residential, and infrastructure. The precast concrete market research report is one of a series of new reports from The Business Research Company that provides precast concrete market statistics, including precast concrete industry global market size, regional shares, competitors with a precast concrete market share, detailed precast concrete market segments, market trends and opportunities, and any further data you may need to thrive in the precast concrete industry. This precast concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global precast concrete market size grew from $102.24 billion in 2022 to $109.14 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The precast concrete market size is expected to grow to $141.59 billion in 2027 at a CAGR of 6.7%. Increasing expenditure on road and water infrastructure is significantly driving the growth of the precast concrete market. The use of precast concrete offers major time and user cost savings in comparison with the traditional cast-in-place methods of construction. Emerging and advanced economies are increasing their spending on road and water infrastructure to bridge the gap between the required infrastructure and available infrastructure. Governments of various countries are increasing their expenditure on infrastructural developments to bridge this gap. For instance, in September 2021, the Indian government announced road projects worth INR 1 lakh crore ($13.48 billion) to develop road infrastructure in Jammu and Kashmir. The number of national highways in the region has also increased, from 7 in 2014 to 11 in 2021. These infrastructural developments will invariably increase the demand for precast concrete products. Therefore, the increasing expenditure on road and water infrastructure drives the precast concrete market over the coming years. 3D printing is a key trend gaining popularity in the precast concrete market. Major companies operating in the precast concrete sector are focused on developing new 3D printing solutions to strengthen their position. For instance, in December 2021, CEMEX, a renowned precast concrete company based in Mexico, and Denmark-based COBOD International, a key player in construction-grade 3D printers, launched a 3D printing solution that incorporates traditional ready-mix concrete into the construction process. In comparison to traditional construction and other 3D printing methods, the solution saves time and money. CEMEX and COBOD created this 3D printing solution using an innovative admixture that allows the use of conventional concrete, allowing the consumption of locally and readily available materials. In July 2021, Forterra, a leading manufacturer of water and drainage pipe and products in the United States, acquired Barbour Concrete Company and Barbour Building Systems for an undisclosed amount. With this acquisition, Forterra intends to offer a broader range of products as well as access to technical expertise that will aid in the development of customized services for a range of end-users. Barbour Concrete Company & Barbour Building Systems is a company based in the United States that manufactures precast concrete products. Major players in the precast concrete market are Boral, LafargeHolcim, Gulf Precast, Olsan Precast, Forterra, Spancrete, ELO Beton, Balfour Beatty plc, CEMEX, Laing O’Rourke, Julius Berger Nigeria PLC., GRH, Skanska AB, Gulermak A.S, Oldcastle Precast, Elematic, Atco Group, Coreslab, Coltman Precast Concrete, Larsen & Toubro, HEIDELBERGCEMENT AG., ElementbauOsthessen, ELO KG, Taisei Corporation and Kiewit Corporation Europe was the largest region in the precast concrete market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the precast concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the precast concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The precast concrete market consists of sales of precast floor slabs, precast beams, precast walls, precast columns, and precast staircases. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global precast concrete market is segmented - 1) By Product: Structural Building Components, Architectural Building Components, Transportation Products, Water and Waste Handling Products, Other Products 2) By Element: Columns and Beams, Floors and Roofs, Walls and Barriers, Girders, Pipes, Paving Slabs, Utility Vaults, Other Elements 3) By End User: Residential, Non-residential, Infrastructure

Architectural metal coatings extend the architecture's longevity and protect it from the environment by providing a protective layer to the surface. Metal coatings are utilized in renovations and are simple to keep and clean. Indoor wall and ceiling coverings can be made of metallic coatings. Metal coatings, especially exterior coatings, offer excellent protection against UV rays. Architectural metal coatings are used to coat pavements, curbs, portable buildings, stationary structures, and their appurtenances at the installation site, and permanent structures. The main types of resins for architectural metal coatings are polyester, fluoropolymer, polyurethane, and other resins. The polyester architectural metal coating refers to a powder coating made of polyester used on aluminum extrusion and sheets, steel, and galvanized steel substrates. Polyester architectural coating satisfies the demands of the construction sector because of its superior mechanical and exterior durability. The coil coatings in architectural metal coatings include roofing and cladding, wall panels and facades, fascia and soffits, and other coil coatings that are used in extrusion coating of curtain walls, storefront, doors and windows, and other extrusion coatings. The architectural metal coatings market research report is one of a series of new reports from The Business Research Company that provides architectural metal coatings market statistics, including architectural metal coatings industry global market size, regional shares, competitors with an architectural metal coatings market share, detailed architectural metal coatings market segments, market trends and opportunities, and any further data you may need to thrive in the architectural metal coatings industry. This architectural metal coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global architectural metal coatings market size grew from $4.97 billion in 2022 to $5.25 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The architectural metal coatings market size is expected to grow to $6.56 billion in 2027 at a CAGR of 5.7%. The increase in infrastructure construction and investment is driving the architectural metal coatings market. Construction has been on the rise due to rapid industrialization and urbanization across both developed and developing nations. Architecture construction requires metal coatings to protect them from corrosion and harsh weather, it also gives the newly constructed buildings an aesthetic and attractive look. For instance, according to the U.S. Census Bureau report on monthly construction spending in 2022, the construction spending was expected to be $1,744.8 billion in April 2022, a 0.8% rise from the revised March estimate of $1,740.6 billion. Therefore, the increase in infrastructure construction and investment is expected to boost demand for architectural metal coatings during the forecast period. Technological advancement is a key trend gaining popularity in the architectural metal coating market. Major companies in the architectural metal coating market are advancing towards sustainable and eco-friendly coatings to protect the health of the users and the environment. Architects and specifiers are looking for architectural metal coating alternatives that combine sustainability, toughness, and a wide range of colors. For instance, in September 2021, Allnex, a Germany-based chemical manufacturing company that produces industrial coating resins and additives for architectural, industrial, protective, automotive and special purpose coatings and inks, launched ECOWISE CHOICE. ECOWISE CHOICE is an environment-friendly product line for use in construction and home decoration. By utilizing ecologically friendly technologies like waterborne, UV-curable, powder, and formaldehyde-free crosslinking solutions, Allnex is focused on enhancing its presence in sustainability of buildings worldwide. In April 2020, Akzo Nobel, a Dutch-based chemical company that manufactures performance coatings and paint, acquired Mauvilac Industries Limited for an undisclosed amount. As a result of this acquisition, AkzoNobel is focused on enhancing its presence in Sub-Saharan Africa, and maintaining its dominant position in the African decorative paints industry. Mauvilac Industries Limited is a Mauritia US-based manufacturer of decorative and specialized paints and coatings. Major players in the architectural metal coatings market are The Sherwin Williams Company, PPG Industries, AkzoNobel, Axalta Coating Systems, Nippon Paint Holdings, Kansai Paint, Hempel A/S, Jotun, BASF SE, Beckers Group, WACKER CHEMIE AG, NOROO Coil Coatings, Titan Coatings, Jinhu Color Powder Coating Co., ltd., Continental Coatings Pvt. Ltd. Asia-Pacific was the largest region in the architectural metal coatings market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the architectural metal coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the architectural metal coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The architectural metal coatings market consists of sales of architectural metal coatings such as galvanized aluminum, copper and silver. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global architectural metal coatings market is segmented - 1) By Resin Type: Polyester, Fluoropolymer, Polyurethane, Other Resins 2) By Coil Coating: Roofing and Cladding, Wall Panels and Facades, Fascia and Soffits, Other Coil Coatings 3) By Extrusion Coating: Curtain Walls, Store Front, Doors and Windows, Other Extrusion Coatings