Construction Elastomers Global Market Report 2023 – By Type (Thermoset, Thermoplastic), By Chemistry (Styrene Block Copolymers (Sbcs), Thermoplastic Polyurethanes (Tpu), Styrene-Butadiene (Sbr), Ethylene Propylene Diene Monomer (Epdm), Natural Rubber, Acrylic Elastomer (Acm), Butyl Elastomer (Iir), Other Chemistry), By Application (Residential, Non-Residential, Civil Engineering) – Market Size, Trends, And Global Forecast 2023-2032

Single-family modular and prefabricated housing construction is the process of building, altering, repairing, improving, or demolishing any single-family residential building or structure developed off-site using the same resources and constructing the same codes and specifications as conventionally designed structures but in about half the time. The main types of single-family modular and prefabricated housing construction are permanent and relocatable houses. A partially or fully assembled building that is created at a building manufacturing facility employing a modular construction technique and meets applicable codes or state standards is referred to as relocatable home construction. Relocatable buildings are intended to be reused or repurposed several times before being transferred to new construction locations. The different materials include steel, wood, concrete, and others and are used in residential, commercial, and industrial applications. The global single-family modular and prefabricated housing construction market is segmented - 1) By Type: Permanent, Re-locatable 2) By Material: Steel, Wood, Concrete, Other Materials 3) By Application: Residential, Commercial, Industrial The global single-family modular and prefabricated housing construction market size will grow from $45.08 billion in 2022 to $47.17 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. 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 market size of the global single-family modular and prefabricated housing construction is expected to grow to $56.76 billion in 2027 at a CAGR of 4.7%. The significant focus on cost savings is a key factor driving the growth of the single-family modular and prefabricated housing construction market. Modular design can minimise project deadlines by as much as 50% and costs by 20%. They lead to increased productivity and lower employment expenses associated with purchasing units along a production line. According to a report on modular construction in Europe and the US, the modular market value in new real-estate construction is expected to reach $130 billion by 2030, delivering an annual cost saving of $20 billion. Therefore, the significant cost savings are expected to drive the single-family modular and prefabricated housing construction market growth. Major players in the single-family modular and prefabricated housing construction market are Red Sea Housing Services, Skanska AB, Bouygues Construction, ACS Actividades de Construcción y Servicios SA, Lindal Cedar Homes Inc., Kiewit Corporation, Balfour Beatty PLC., Taisei Corporation, System House R & C Co. Ltd., Larsen & Toubro Limited. The risks associated with transportation are a key factor impacting the growth of the single-family modular and prefabricated housing markets. As modules are prefabricated in a factory away from the worksite, they must either be transported specifically to the construction site or assembled in a surrounding venue and then set up. The transporters and operators must be extremely cautious with each module. If one fails during transportation, the entire module may require major repairs or replacements. So, it is necessary for transport and rigging businesses to make a serious effort to trace the routes and plan the mechanics to transfer the modules along their path. For instance, a construction project in Philadelphia had modular units arrive, positioned, and set relatively smoothly, but the interior drywall was cracked due to the raising of the modules. Implementation of Building Information Modeling (BIM) in modular construction is an emerging trend in the single-family modular and prefabricated housing construction market. Building Information Modeling (BIM) is a revolutionary technique for designing, building, and managing construction models. This 3D model-based technology provides a digital representation of a building's physical and functional qualities. The technology enables all parties engaged in the built asset's creation and lifespan management to share data and collaborate. During the pre-construction phase, BIM provides specialists with a 3D picture of the structure. It allows specialists to detect potential incompatibilities in mechanical, electrical, and plumbing (MEP) systems and address them at an early stage. For instance, in October 2021, AGACAD, a Lithuania-based software company, launched Panel Packer based on 3D technology. In Autodesk Revit, Panel Packer is a sophisticated tool for organising the sorting, packing, and loading of prefabricated construction components. In January 2020, GS Engineering & Construction (E&C), a South Korea-based construction company, acquired Danwood S.A. from Enterprise Investors for a deal amount of $155 million. Through this acquisition, GS E&S planned to enter the European modular housing market by utilising the strength, networks, and technology of Danwood. Danwood S.A. is a Poland-based company that specialises in the construction of timber-framed houses. Asia-Pacific was the largest region in the single-family modular and prefabricated housing construction market in 2022. Eastern Europe is expected to be the fastest-growing region in the global single-family modular and prefabricated housing construction market during the forecast period. The regions covered in the global single-family modular and prefabricated housing construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the single-family modular and prefabricated housing construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The single-family modular and prefabricated housing construction market includes revenues earned by entities by residential structures, residential project construction management firms, and residential design-build firms. 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 single-family modular and prefabricated housing construction market research report is one of a series of new reports from The Business Research Company that provides single-family modular and prefabricated housing construction market statistics, including single-family modular and prefabricated housing construction industry global market size, regional shares, competitors with a single-family modular and prefabricated housing construction market share, detailed single-family modular and prefabricated housing construction market segments, market trends and opportunities, and any further data you may need to thrive in the single-family modular and prefabricated housing construction industry. This single-family modular and prefabricated housing construction 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 building and road construction equipment refer to self-propelled or towed equipment used directly in building and road construction. The main product types of building and road construction equipment are motor graders, road rollers, wheel loaders, concrete mixers, bulldozers, and other product types. Motor graders are being used to finish grade the rough grading performed by heavy CE like scrapers and bulldozers. The equipment categories are earthmoving equipment, material-handling equipment, heavy construction vehicles, and other equipment categories. The various applications involved are building construction, and road construction. The global building and road construction equipment market is segmented - 1) By Product Type: Motor Graders, Road Roller, Wheel Loaders, Concrete Mixer, Bulldozers, Other Product Types 2) By Equipment Category: Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, Other Equipment Categories 3) By Application: Building Construction, Road Construction The global building and road construction equipment market size will grow from $175.54 billion in 2022 to $194.84 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. 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 market size of the global building and road construction equipment is expected to grow to $282.41 billion in 2027 at a CAGR of 9.7%. Infrastructure development in emerging and developed countries propelled the building and road construction equipment market. Emerging and developed countries' governments and private sector are focusing on developing the infrastructure to keep up the GDP, meet the growing population needs, meet the levels of urbanization, and increase connectivity by developing highways and expressways. For instance, the total Indian investment in road construction was worth $22.4 billion with private investment accounting for 14% of the total investments. Furthermore, according to the World Bank, the private sector infrastructure investment commitments for low- and middle-income countries were valued at $76.2 billion in 2021, which was a 49% increase from 2020 globally. Governments and private sectors of developed and emerging sectors focus on infrastructure developments and require high-tech equipment for the construction process to make it easy and less time-consuming which further acts as a major driver for growth of the building and road construction equipment market. Major players in the building and road construction equipment market are AB Volvo, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Terex Corporation, The Atlas Copco Group, Deere & Company, and Sany Group. The high cost of equipment and initial setup is expected to hinder the building and road construction equipment market. The cost of equipment consists of the purchase price, sales tax, shipping cost, installation cost, and financing charges at the time of acquisition of the equipment. A new full-size excavator can cost between $100,000 and $500,000, where companies are required to make high investments, as the purchase also involve additional costs, adding to the financial burden on companies and hindering the construction and road construction equipment market. The manufacturing companies in building and road construction equipment market are concentrating on upgrading their technologies. The technology advancements aim to increase safety, productivity, and connectivity of equipment and decrease maintenance issues and costs. For instance, in March 2020, Komatsu, a Japan-based construction equipment manufacturer introduced hydraulic excavators*1 equipped with the KomVision Human Detection and Collision Mitigation System the company. The excavators are designed by advancing the 'KomVision' bird-view camera system equipped with conventional models in the Japanese market. The system identifies humans across the excavator and avoids the excavator from moving when the system detects people whenever the excavator starts to travel or swing. In October 2020, Volvo Construction Equipment, a USA-based manufacturer of construction equipment launched Volvo Active Control, an automated grading machine control system available on excavators EC250E, EC220E, and EC300E across North America. This system allows the operators to conveniently get the right depth and angle, reducing grading times by up to 45%. In March 2020, K-Tec Earthmovers Inc. (K-Tec), a Canadian company that manufactures efficient earthmoving scrapers for construction and mining sites merged with Ashland Industries (Ashland), a USA-based manufacturer of earthmoving equipment for the agricultural, industrial, and construction sectors. The merger is expected to allow both companies to offer an extensive product line of earthmoving scrapers in the industry. The combination also expects to provide shorter lead times for customers and accelerated product design and launch. Asia-Pacific was the largest region in the building and road construction equipment market in 2022. Western Europe was the second-largest region in the global building and road construction equipment market share. The regions covered in the global building and road construction equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building and road construction equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The building and road construction equipment market consists of sales of asphalt mixing plants, forklift trucks, crawler excavators, truck cranes, and others. 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 building and road construction equipment market research report is one of a series of new reports from The Business Research Company that provides building and road construction equipment market statistics, including building and road construction equipment industry global market size, regional shares, competitors with a building and road construction equipment market share, detailed building and road construction equipment market segments, market trends and opportunities, and any further data you may need to thrive in the building and road construction equipment industry. This building and road construction equipment 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.

Foundation, structure, and building exterior contractors are subcontractors that specialize in a certain component of a construction project and perform tasks that are specific to building construction such as excavation, demolition, roofing, etc. using a detailed design and plan. The main types of foundation, structure, and building exterior contractors market are excavation and demolition, roofing, concrete work, and water well drilling. Water well drilling contractors bore holes in the ground to access natural water supplies. They drill irrigation wells, business or industrial wells, and wells for residences not supplied by municipal water systems. The different service providers include large chain companies and independent contractors and are available in various modes, such as online and offline. It is used in several applications, including residential building construction, non-residential building construction, and others. The global foundation, structure, and building exterior contractors market is segmented - 1) By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling 2) By Application: Residential Building Construction, Nonresidential Building Construction, Other Applications 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline The global foundation, structure, and building exterior contractors market grew from $1,092.54 billion in 2022 to $1,152.7 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. 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 foundation, structure, and building exterior contractors market is expected to grow to $1,384.36 billion in 2027 at a CAGR of 4.7%. A rapidly growing urban population is expected to increase the demand for new residential and commercial land during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world's population will be living in cities by 2050. For instance, large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanisation is expected to boost the demand for new infrastructure and drive the foundation, structure, and building exterior contractors market during the forecast period. Major companies in the foundation, structure, and building exterior contractors market include Shimizu Corporation, Carlisle Companies Inc., Peab AB, Ncc AB, PT United Tractors Tbk. Health and safety issues have always been a major concern in the foundation, structure, and building exterior contractor industries. Construction activities always face worker safety issues with them working at heights, working in confined spaces, working underground and in close proximity to falling materials; handling loads manually; handling hazardous substances; using plant and equipment; fire, and exposure to live cables. For instance, according to 25 Construction Safety Statistics for 2021, the American construction industry comprises 6% of the US workers but witnesses around 20% of the fatalities, the highest number of fatalities compared to any other industry. Inadequate safety and health measures have a negative impact on both the foundation, structure, and building's exterior contractor and built environments, resulting in fatalities, injuries, and diseases. Contractors are offering building-integrated photovoltaic (BIPV) glazing technology for the generation of electricity. A BIPV system consists of solar cells or modules that are integrated into building elements or materials as part of the building structure. Traditionally, photovoltaic systems are found on rooftops that have small surface areas. Whereas BIPV photovoltaic cells are integrated directly into cladding materials, shingles or windows, enabling almost any building component, including the roof, façade, windows, canopies, or balcony railings, to generate solar electricity. Thus, BIPV-installed buildings can self-generate a larger portion of their electricity from a free and clean energy source. AGC Inc., Avenston Group, BELECTRIC, BiPVco, and Canadian Solar are examples of companies working on building-integrated photovoltaics. Asia-Pacific was the largest region in the foundation, structure, and building exterior contractors market in 2022. North America was the second-largest region in the foundation, structure, and building exterior contractors market. The regions covered in the foundation, structure and building exterior contractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the foundation, structure, and building exterior contractors market report 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 foundation, structure, and building exterior contractors market include revenues earned by entities by additions, alterations, maintenance, and repairs. 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 foundation, structure, and building exterior contractors market research report is one of a series of new reports from The Business Research Company that provides the foundation, structure, and building exterior contractors market statistics, including foundation, structure, and building exterior contractors industry global market size, regional shares, competitors with a foundation, structure, and building exterior contractors market share, detailed foundation, structure, and building exterior contractors market segments, market trends and opportunities, and any further data you may need to thrive in the foundation, structure, and building exterior contractors industry. This foundation, structure, and building exterior contractors 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.

Cement and concrete products refer to types of structures made of aggregate, or hard, chemically inert particle material such as sand and gravel, which is joined by cement and water to form products such as concrete pipes, bricks, and paving blocks to provide strength, durability, safety, and affordability to the construction of buildings and commercial offices. The main types of cement and concrete products are cement, ready-mix concrete, concrete pipe, brick, and block, and other concrete products. Readymix concrete refers to the concrete that is manufactured in a batch plant and is used for construction projects. The different products include rapid hardening cement, low heat cement, white cement, hydrophobic cement, and other products (coloured cement, portland pozzolana cement) and are used in residential, and non-residential. The global cement and concrete products market is segmented - 1) By Type: Cement, Ready-Mix Concrete, Concrete Pipe, Brick, and Block, Other Concrete Products 2) By Product: Rapid Hardening Cement, Low Heat Cement, White Cement, Hydrophobic Cement, Other Products (Colored Cement, Portland Pozzolana Cement) 3) By Application: Residential, Non-Residential The global cement and concrete products market size grew from $364.12 billion in 2022 to $394.02 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. 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 market size of global cement and concrete products market is expected to grow to $527.78 billion in 2027 at a CAGR of 7.6%. Governments globally launched initiatives to provide funds and subsidies to make housing affordable, especially for low-income families, which drove the demand for cement and concrete. These subsidies allowed customers to borrow money at low-interest rates to invest in new houses. The government of Australia, for example, provides a grant of $15,000 through the ‘First Home Owners Grant’ scheme for the purchase or construction of homes by first-time buyers. The Indian Government launched the “Housing for All by 2022” mission which provides grants for slum rehabilitation and construction of new houses. Such government initiatives encouraged people to construct new houses and drive growth in the cement and concrete products market increasing the demand for cement in the historic period. Major companies in the cement and concrete products market include China National Building Material Group Co.Ltd., LafargeHolcimLtd., HeidelbergCement AG, Anhui Conch Cement Company Limited, CRH plc, Votorantim S.A, Cemex SAB de CV, UltraTech Cement Limited, Grasim Industries Limited, and Taiheiyo Cement Corporation. During the forecast period, the shortages of coal supply were a major restraint on the cement manufacturing industry. Cement manufacturing is an energy-intensive process and a major portion of this energy comes from burning coal, especially in developing countries. Coal supply reduced globally during the historic period due to logistics issues and a decline in investments in coal extraction, negatively affecting the cement manufacturing industry. This increased the costs of coal, and also the production costs for cement manufacturers, restricting the growth of the cement and concrete market. Cement manufacturing plants are increasingly using digital technologies such as the internet of things (IoT) to improve plant efficiencies. IoT is a network of physical devices that communicate over the internet. IoT helps in remote monitoring and predictive maintenance of a cement plant. Remote monitoring is used to oversee operations of big vehicles in the quarries and to report on key metrics such as fuel consumption per ton and operating hours. IoT can also be used to predict potential malfunctions and maintenance needs. In cement plants, predictive maintenance can improve up-time on critical cement equipment such as grinding mills and kilns. Other applications of IoT in the cement industry include tracking and measuring the durability of concrete mixture, reporting on compliance to international standards, and connected logistics to improve quarry production. Zoom link, a ready-mix concrete production equipment manufacturer, is actively testing data-based metrics to improve operations of vehicles used in quarries. The Asia-Pacific was the largest region in the cement and concrete products market share in 2022. Western Europe was the second-largest region in the cement and concrete products market. The regions covered in the global cement and concrete products industry report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries in the cement and concrete products market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, 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, Ukraine, USA, Vietnam. The cement and concrete products market consists of sales of bridge girders, structural components, and wall panels. 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 cement and concrete products market research report is one of a series of new reports from The Business Research Company that provides cement and concrete products market statistics, including cement and concrete products industry global market size, regional shares, competitors with a cement and concrete products market share, detailed cement and concrete products market segments, market trends and opportunities, and any further data you may need to thrive in the cement and concrete products industry. This cement and concrete products 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.

Mineral refers to an organic substance that is naturally occurring and has a specific chemical composition, crystal structure, and physical qualities with properties such as tenacity, cleavage, fracture, specific gravity, lustre, color, and hardness that are found in the Earth's crust and widely used in various areas such as heating for homes and offices, electricity, transportation fuel, and the production of plastics. The main types of minerals are cement and concrete products, glass and glass products, other non-metallic mineral products, clay products and refractories, and lime and gypsum products. Cement and concrete products refer to the products that are used in building houses. The various applications involved chemicals manufacturing, metallurgy, electrical grid infrastructure, electronics, glass products, vehicles, and other applications. These are used in construction, manufacturing, and other end-users. The global mineral market is segmented - 1) By Type: Cement and Concrete Products, Glass and Glass Products, Other Non-Metallic Mineral Products, Clay Products and Refractories, Lime and Gypsum Products 2) By Application: Chemicals Manufacturing, Metallurgy, Electrical Grid Infrastructure, Electronics, Glass Products, Vehicles, Other Applications 3) By End User: Construction, Manufacturing, Other End Users Subsegments Covered: Cement, Ready-Mix Concrete, Concrete Pipe, Brick, and Block, Other Concrete Products, Flat Glass, Container Glass, Glassware and Other Glass Products Pottery, Ceramics, and Plumbing Fixtures, Clay Building Material and Refractories, Lime Products, Gypsum Products The global mineral market size grew from $968.07 billion in 2022 to $1044.55 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. 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 market size of global mineral market is expected to grow to $1378.46 billion in 2027 at a CAGR of 7.2%. The imposition of high taxes on cement and concrete products limited the growth of the mineral products market. Mineral products such as cement, made from a different combination of minerals, are generally sold in high volumes at low prices, but heavy taxes imposed on cement and concrete products restrained the market’s growth. In July 2021, according to Cleartax, Cement will attract 28% GST resulting in increased costs for the infrastructure sector, The tax of limestone is at 5%. India's cement industry is the second-largest producer of cement after China. High taxes on cement negatively affected the growth of the mineral products market. Major companies in the mineral market include China National Building Material Group Co. Ltd., Compagnie de Saint-Gobain S.A., LafargeHolcim Ltd., HeidelbergCement AG, Anhui Conch Cement Company Limited, CRH plc, Votorantim S.A, Cemex SAB de CV, Guardian Industries LLC, and Asahi Glass Co. Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the mineral products market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, the Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Manufacturers depend heavily on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. The outbreak has hurt businesses throughout 2020 and into 2021. However, it is expected that the mineral products 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. Advanced ceramics are cost-effective and are considered to be better alternatives to metals, plastics and glass because of their ability to offer better performance. Advanced Ceramics are identified by their high chemical purity and careful processing. It is used as thermal barrier coating in the hot part of engines, ceramic composite, thermal protection systems, engine components and even in sensors and antennas. For instance, advanced ceramics reached$10.41 Billion in 2021, at a compound annual growth rate of 6.5%, thus indicating an increase in the usage of advanced ceramics. GE Aviation’s $4.3 billion five-year investments, in US operations, were used for producing a new generation of jet engines, aircraft systems and engine components advanced ceramics. The Asia-Pacific was the largest region in the mineral market share in 2022. Western Europe was the second-largest region in the mineral market. The regions covered in the global mineral industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the mineral market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, 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, Ukraine, USA, Vietnam. The mineral market consists of sales of metallic minerals and non-metallic minerals. 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 mineral 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 mineral market research report is one of a series of new reports from The Business Research Company that provides mineral market statistics, including mineral industry global market size, regional shares, competitors with a mineral market share, detailed mineral market segments, market trends and opportunities, and any further data you may need to thrive in the mineral industry. This mineral 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.

Nanosilica refers to an allotrope of silicon containing 99% silicon dioxide, which lowers the cement volume while finishing the grading of the aggregate mix in the zone of the smallest sizes. This is the second most abundant element in the earth’s crust. The nanosilica market covered in this report is segmented by type into P type, S type, and type III. It is also segmented by raw material into rice husk, olivine, bagasse, and others and by application into rubber, health and medicine, food, coatings, plastic, concrete, gypsum, cosmetics, electronics, and others. The global nanosilica market is segmented - 1) By Type: P Type, S Type, Type III 2) By Raw Material: Rice Husk, Olivine, Bagasse, Other raw Materials 3) By Application: Rubber, Health And Medicine, Food, Coatings, Plastic, Concrete, Gypsum, Cosmetics, Electronics, Other Applications The global nanosilica market size will grow from $3.95 billion in 2022 to $4.28 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. 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 market size of the global nanosilica is expected to grow to $5.4 billion in 2027 at a CAGR of 6.0%. Increased demand for nanoparticles in the medical industry contributed to the growth of the nano-silica market. Nanoparticles are presently being engaged as a tool to explore the rarest approaches of medical sciences in several ways like imaging, sensing, targeted drug delivery, gene delivery systems, and artificial implants. A replacement study done by Washington University (GW) Cancer Center found that nanoparticle-encapsulated doxorubicin is promising in the treatment of triple-negative carcinoma. Doxorubicin may be a well-known anthracycline drug class used primarily together with chemotherapy. Amino-functionalized silica nanoparticles (SiNPs) are being used as targeted delivery vehicles for the potential treatment of carcinoma. SiNPs can efficiently encapsulate doxorubicin and may be attached to a targeting moiety like anti-Claudin-4 (CLN4). Nanoparticles have been found to help increase the contrast of the image produced by ultrasonography particularly when imaging tumors. The nanoparticles market experiences huge demand from the medical industry, which in turn will propel the revenues generated for the nano-silica market. Major players in the nanosilica market are NanoPore Incorporated, Fuso Chemical, Evonik, Cabot Corporation, DuPont, Akzonobel, Nanostructured and Amorphous Materials (NanoAmor), Wacker Chemie AG, Normet, and NanosilSdn. An increase in the government-sanctioned lockdowns and several manufacturing plants being restricted for an inconsiderable period had impeded the growth of the global nano-silica market. The government shutdown has proved extremely tough for the construction industry which uses nano-silica in its cement-based materials, especially concrete. According to the BLDUP data published in 2020, the government shutdown’s impact on the construction industry was that all the construction projects that were under federal funding ended up losing profits and employee productivity. According to the Congressional Budget Office, the five-week cessation took a meaningful economic toll, costing the USA economy $11 billion, with nearly a quarter of that total invariably lost. Thus, the mass closure of construction industries has negatively affected the growth of the nano-silica market. The launch of 3D printing aerogel microstructures has created immense demand in the nano-silica market. The 3D-printed aerogel micro-structures provide thermal insulation for miniature components. For instance, in 2020, a team of EMPA in Switzerland developed a technique to 3D print microstructures using insulating silica aerogels. The team has clicked in generating stable, well-acclimated microstructures from silica aerogel by utilizing a 3D printer. The printed structures can be as slender as a tenth of a millimetre. The aerogel can be used to insulate small electronic components and even build small pumps and sensors. The thermal conductivity of the silica aerogel is scarcely under 16 mW/(m*K), which is half of that of polystyrene, and even extremely less than that of a non-moving layer of air at 26 mW/(m*K). At an equivalent period of your time, the printed silica aerogel has even more evolved mechanical attributes and may even be riddled and crushed. This exposes completely new feasibilities for the post-processing of 3D-printed aerogel mouldings. U.S. Silica Holdings, Inc., a US-based producer of commercial silica, announced the acquisition of EP Minerals for $750 million. The acquisition is expected to enhance U.S. Silica Holdings, Inc.,’s Oil and Gas businesses. EP Minerals is a US-based producer of Min-u-Sil Ground Silica used in architectural, industrial, traffic paints, and coatings. Asia-Pacific was the largest region in the nanosilica market in 2022. The regions covered in the nanosilica market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the nanosilica market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The nanosilica market consists of sales of solid silica and shaped silica. 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 nanosilica market research report is one of a series of new reports from The Business Research Company that provides nanosilica market statistics, including nanosilica industry global market size, regional shares, competitors with a nanosilica market share, detailed nanosilica market segments, market trends and opportunities, and any further data you may need to thrive in the nanosilica industry. This nanosilica 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.

Autoclaved aerated concrete refers to a light porous silicate concrete material in which fly ash is the raw material used for the production of autoclaved aerated concrete, which is a residual product of thermal power plants, consists of fine aggregates, cement, and an expansion ingredient that makes the freshly mixed material rise like bread dough to provide various benefits for the construction industry, including a unique combination of low weight, rigidity of construction, cost-effectiveness, and durability. The main types of autoclaved aerated concrete are block, lintel, panel, and other types that are formed by using cement, fly ash, limestone, aluminum powder, and water. The AAC blocks are widely utilized in the development of apartments and other forms of residential properties, and industrial and commercial buildings, like hotels, offices, hospitals, and schools. The various applications of autoclaved aerated concrete are construction material, roof insulation, roof sub-bases, bridge sub-structures, concrete pipes, void filling, and others, which are used in residential, and non-residential places. The global autoclaved aerated concrete market is segmented - 1) By Type: Block, Lintel, Panel, Other Types 2) By Application: Construction Material, Roof Insulation, Roof Sub Bases, Bridge Sub-Structures, Concrete Pipes, Void Filling, Other Applications 3) By End User: Residential, Non-residential The global autoclaved aerated concrete market size will grow from $14.34 billion in 2022 to $15.95 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. 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 market size of global autoclaved aerated concrete market is expected to grow to $24.31 billion in 2027 at a CAGR of 11.1%. The increasing construction of green buildings is expected to propel the growth of the autoclaved aerated concrete market. Green buildings are more energy-efficient and sustainable so that they have a lower carbon footprint and a minimal impact on the environment. For instance, according to EnergyStar, a US-based government-backed symbol for energy efficiency, in 2020, nearly 6,500 commercial buildings earned the ENERGY STAR, saving $1.6 billion, and more than 5 million metric tonnes of greenhouse gas emissions were avoided. Therefore, the increasing green building construction is driving the growth of the autoclaved aerated concrete market. Major players in the autoclaved aerated concrete market are ACICO Group, AERCON AAC, AKG Gazbeton,,Bauroc AS,, Biltech Building Elements Limited, Brickwell, Buildmate Projects Pvt. Ltd., Eastland Building Materials Co., Ltd., H+H International A/S,, JK Lakshmi Cement Ltd., Masa GmbH, ParinBetonAmood Company, UAL Industries Ltd., UltraTech Cement Ltd., and Xella Group. Technological advancement is a key trend gaining popularity in the autoclaved aerated concrete market. Technological advancement is the discovery of knowledge that advances the understanding of technology. For instance, in March 2022, ACC Limited, an India-based cement manufacturing company, launched ACC Airium, based on insulating technology. ACC Airium is an aerated concrete product that provides insulation to the surface during the construction process and is suitable for homes, offices, and buildings. In July 2022, HIL Limited, an India-based construction materials manufacturing company, acquired Fast Build BlocksPvt. Ltd. for an amount of $2.8 billion. Through this acquisition, HIL increases its manufacturing, distribution, and commercialization of autoclaved aerated concrete (AAC) block cement roofing products and its product reach in Asia-Pacific. Fast Build BlocksPvt. Ltd. Ltd., is an India-based cement and construction material manufacturing company pioneering the manufacture of autoclaved aerated concrete (AAC) blocks. Asia-Pacific was the largest region in the autoclaved aerated concrete market share in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the global autoclaved aerated concrete market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the autoclaved aerated concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The autoclaved aerated concrete market consists of sales of on-load-bearing block, load-bearing block, thermal insulation block, wallboard and roof panel. 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 autoclaved aerated concrete market research report is one of a series of new reports from The Business Research Company that provides autoclaved aerated concrete market statistics, including autoclaved aerated concrete industry global market size, regional shares, competitors with an autoclaved aerated concrete market share, detailed autoclaved aerated concrete market segments, market trends and opportunities, and any further data you may need to thrive in the autoclaved aerated concrete industry. This autoclaved aerated 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.

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 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 The global precast concrete market size will grow 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 market size of the precast concrete 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 growth of precast concrete market over the coming years. 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. 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. 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 analysis 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 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.