Electric Construction Equipment Global Market Report 2023 – By Product Type (Track Loaders, Excavators, Backhoe Loaders, Skid Steers, Wheel Loaders, Telehandlers), By Equipment Type (Electric Excavator, Electric Motor Grader, Electric Dozer, Electric Loader, Electric Dump Truck, Electric Load-Haul-Dump Loader), By Engine Capacity Type (Less Than 5 L, 5 to 10 L, Greater Than 10 L), By Power Output (50 HP, 50-150 HP, 150-300 HP and, >300 HP) – Market Size, Trends, And Market Forecast 2023-2032

The construction composites market consists of sales of the construction composites by entities (organizations, sole traders, and partnerships) that are used in the construction of entire bridge structures, bridge decks, and bridge enclosures. The composite construction is aimed at providing the maximum strength and stiffness to the structure with the minimum investment of the resources that are made available. They are advantageous due to their high stiffness-to-weight and strength-to-weight ratios when compared to standard materials such as steel and reinforced concrete. The compression resistance of concrete and the tension resistance of steel in the structure are combined in the composite construction. The main types of resins in construction composites are polyester resin, vinyl ester, polyethylene, polypropylene, and epoxy resin. Polyesters are the frequently used thermoset resin for all commercial composites. These resins provide stability of good mechanical, chemical, electrical properties, dimensional stability, ease of handling, and low cost. The different types of fibers include carbon fibers, glass fibers, and natural fibers that are used by various end-use sectors such as industrial, commercial, housing, and civil. The global construction composites market is expected to grow from $5.71 billion in 2021 to $6.31 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. 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, affecting many markets across the globe. The market is expected to grow to $8.09 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The increasing construction activities are significantly driving the growth of the construction composites market. Construction is the process of putting together materials to create enormous structures. Composite materials are employed in construction because of the numerous advantages they provide over traditional building materials. The increasing construction activities for residential and non-residential buildings are promoting the demand for construction composites and thereby promoting the market growth. For instance, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development’s new residential construction data, in 2021, an estimated 1,337,800 new residential housing construction units were completed, a 4% increase from 2020. Therefore, the increasing construction activities are expected to fuel the construction composites market growth going forward. Strategic collaborations and partnerships have emerged as a key trend gaining popularity in the construction composites market. Major players in operating in the construction composites sector are focused on collaborations and partnerships to extend their growth in new areas and to strengthen their position. For instance, in March 2021, Air Conditioning Contractors of America (ACCA), a US-based association partnered with Owens Corning for an undisclosed amount. This partnership enables HVAC industry suppliers, manufacturers, and service providers to demonstrate their extraordinary commitment to ACCA members and the contracting industry through year-round support of the association’s activities. Owens Corning is a US-based composite manufacturing company. Also, in April 2021, Heatcon, a US-based aerospace company partnered with Hexcel Corporation for an undisclosed amount. This partnership granted HEATCON to sell Hexcel’s carbon fiber prepreg tapes and fabrics to support advanced air mobility vehicles and the unmanned aerial vehicles industry. Hexcel Corporation is a US-based composite manufacturing company. In March 2020, Owens Corning, a US-based company that manufactures composites acquired Hughes Brothers’ concrete reinforcement business Aslan FRP for an undisclosed amount. This acquisition broadens the Owens Corning portfolio of composite solutions and adds new products that will enhance the performance of concrete structures while being lighter-weight and more corrosion-resistant than conventional steel reinforcements. Hughes Brothers is a US-based company that produces and markets construction composites. Major players in the construction composites market are Advanced Environmental Recycling Technologies Inc., Hexcel Corporation, Exel Composites Oyj, Toray Industries Inc, Owens Corning, Teijin Limited, Fiberon LLC, Fibrolux GmbH, UPM, Strongwell Corporation, Diversified Structural Composites, TAMKO Building Products LLC, Mitsubishi Chemical Corporation, Aegion Corporation, and Gurit. North America was the largest region in the construction composites market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the construction composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global construction composites market is segmented - 1) By Resin Type: Polyester Resin, Vinyl Ester, Polyethylene, Polypropylene, Epoxy Resin 2) By Fiber Type: Carbon Fibers, Glass Fibers, Natural Fibers 3) By End-use Sector: Industrial, Commercial, Housing , Civil

Construction elastomers are synthetic polymers with elastic properties that are used in the building industry. Elastomers are rubbery materials comprised of lengthy chainlike molecules or polymers that can be stretched to vast distances and still return to their original shape. Elastomers combine the benefits of both plastics and rubber, resulting in a new form that is used in a variety of construction applications. The strong impact and tear resistance of construction elastomers is utilized for roofing sheets and window profiles, building insulation, adhesives, gaskets, and door handle seals. The main types of construction elastomers are thermoset and thermoplastic. Thermosets are made of elastomeric materials that do not melt when heated. The main applications of thermoset elastomers in building and construction include adhesives and sealants, thermal insulation, roofing, flooring, piping, bridge structures, cementing, and the repair and rehabilitation of civil structures. The different types of chemistry include styrene block copolymers (SBC), thermoplastic polyurethanes (TPU), styrene-butadiene (SBR), ethylene propylene diene monomer (EPDM), natural rubber, acrylic elastomers (ACM), butyl elastomers (IIR), and others and are used in various applications such as residential, non-residential, and civil engineering. The global construction elastomers market is segmented - 1) By Type: Thermoset, Thermoplastic 2) 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 3) By Application: Residential, Non-Residential, and Civil Engineering The global construction elastomers market size grew from $5.32 billion in 2022 to $5.85 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. 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 construction elastomers is expected to grow to $7.8 billion in 2027 at a CAGR of 7.4%. The increase in the demand for sustainable buildings is expected to serve as a major driver of the construction elastomer market in the forecast period. The goal of sustainable construction is to reduce the industry's environmental impact by implementing sustainable development methods, increasing energy efficiency, and adopting green technologies. Construction elastomers are environmentally benign, renewable, and secure to use for both residential and non-residential purposes. For instance, according to a survey conducted by the Royal Institution of Chartered Surveyors (RICS) and the World Built Environment Forum in 2021, 55% of respondents said demand for buildings considered "green" or "sustainable" had risen. In addition, Europe saw the greatest increase in demand, with 69% of respondents reporting higher demand. Even in the Middle East and Africa, where demand growth was the slowest, 39% of respondents said demand had increased. This will create a significant demand for the construction elastomers and thus will aid the growth of the construction elastomers market. Major players in the construction elastomers market are The Dow Chemical Company, Arkema S.A., BASF SE, Covestro AG, Huntsman Corporation, Tosoh Corporation, Evonik Industries AG, Mitsubishi Chemical Company, The Lubrizol Corporation, SIBUR, Teknor Apex Company, Dynasol Elastomers, Kraton Corporation, Asahi Kasei Corporation, Exxon Mobil Corporation, and Lanxess AG. The increase in investments by key players in the R&D of elastomer processing to improve its properties and the development of new products is a major trend in the construction elastomer market. Major companies operating in the construction elastomers market are focused on investing in research and development to meet customer demand and strengthen their position. For instance, in January 2020, Mallard Creek Polymers, a US-based producer of styrene acrylic emulsion polymers for the elastomeric roof coatings market, launched Rovene 6120, an all-acrylic emulsion polymer for highly durable elastomeric roof coatings adhering to ASTM D 6083. In the same year, MCP acquired third-party confirmation that Rovene 6120 can be prepared to fulfil or surpass ASTM D6083, the Standard Specification for Liquid-Applied Acrylic Coating Employed in Roofing. In December 2021, Pexco LLC, a Georgia-based specialty plastics extruder, acquired Performance Elastomers Corporation (PEC) for an undisclosed amount. Through this acquisition, Pexco predicts broadening its silicone and thermoplastic elastomer product lines, as well as widening its abilities to include other high-performance polymer solutions, to provide even more value to their clients in the mobility, recreational vehicle, and truck aftermarkets, as well as expanding into other businesses where these types of specialized products are needed. Performance Elastomers Corporation (PEC) is a US-based company that manufactures construction elastomers. Asia-Pacific was the largest region in the construction elastomers market in 2022. North America was the second-largest market in the construction elastomers market share. The regions covered in the construction elastomers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction elastomers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The construction elastomers market consists of sales of construction elastomers by types of chemistry, including silicone, neoprene, and polybutadiene. 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 construction elastomers market research report is one of a series of new reports from The Business Research Company that provides construction elastomers market statistics, including construction elastomers industry global market size, regional shares, competitors with a construction elastomers market share, detailed construction elastomers market segments, market trends and opportunities, and any further data you may need to thrive in the construction elastomers industry. This construction elastomers 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.

Construction lubricants are chemical compounds used in machinery and equipment to lower friction between surfaces in contact, consequently lowering the amount of heat generated while the movement on the surface. The main types of construction lubricants are hydraulic fluid, engine oil, gear oil, automatic transmission fluid (ATF), grease, and compressor oil. Hydraulic fluid functions as a medium for energy transfer or power transmission, as well as a lubricant and sealer. The fluids applied in various types of machinery, equipment, and across industries are called hydraulic fluids or hydraulic oils. Types of base oil for construction lubricants include synthetic oil and mineral oil. Construction lubricants are used in applications such as earthmoving equipment, material handling equipment, heavy construction vehicles, and others. The global construction lubricants market is segmented – 1) By Basis Type: Hydraulic Fluid, Engine Oil, Gear Oil, Automatic Transmission Fluid (ATF), Grease, Compressor Oil 2) By Base Oil: Synthetic Oil, Mineral Oil 3) By Application: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Applications The global construction lubricants market size will grow from $12.06 billion in 2022 to $13.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. 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 the global construction lubricants is expected to grow to $20.77 billion in 2027 at a CAGR of 12.0%. A rise in construction and mining activities is significantly contributing to the growth of the construction lubricants market. Construction lubricant is a substance that lowers friction between surfaces in contact, consequently lowering the amount of heat generated while the movement on the surface. Lubricating oil is largely used in marine engines, automobiles, and other machinery. For instance, the mining and construction equipment industry in India is likely to grow by 15-20% in the calendar year 2021 and 5-10% in the year 2022. The first quarter of 2021 is estimated to have reported a strong equipment demand growth of 45-50%, following a 10-12% contraction in FY2020. The global construction market size is expected to grow by $4.5 trillion between 2020 and 2030 to reach $15.2 trillion with $8.9 trillion in emerging markets in 2030. These factors are expected to significantly drive the construction lubricants market. Major players in the construction lubricants market are ExxonMobil Corporation, Royal Dutch Shell, Total Energies SE, China Petrochemical Corporation, Chevron Corporation, PetroChina Company Limited, FUCHS Petrolub SE, Lukoil, Sinopec, Phillips 66 Company, Morris Lubricants, Penrite Oil, Valvoline, Liqui Moly GmbH, ENI SPA, Addinol Lube Oil GmbH, Indian Oil Corporation, Bel Ray Company LLC., Gulf Oil India, and Totalenergies Se. The development of zinc-free (ashless) lubricants is a key trend in the construction lubricants industry. Construction lubricants are a type of lubricant used to reduce friction between moving parts or surfaces and to enhance the efficiency of the machines used in the construction industry. Lubricants with zinc levels that are too high have a history of leading to the corrosion of some metals, such as yellow metals, as they chemically attack the metal surfaces, along with environmental harm. Zinc-free lubricants, on the other hand, have an outstanding ability to prevent wear, rust, foam, oxidation, air, and water entrainment and provide excellent thermal stability. For instance, the formulation of the zinc-free lubricants reduces sludge by 85 to 99.5%, retains more viscosity, reduces metal wear by 04-06%, and extends the useful service life to at least twice that of the ZDDP-based hydraulic oil. On April 15, 2020, GP Global, an energy-to-agriculture conglomerate, acquired Nigeria-based Grand Petroleum’s lubricants assets for an undisclosed sum. The acquisition allows GP Global to strengthen its presence in Nigeria and West Africa. Through local manufacturing and a strong distribution network in Nigeria, the acquisition will position them as one of the fastest-growing global lubricants and base oil businesses. Grand Petroleum Inc., is an emerging oil and gas company that explores for and produces oil and gas on its properties located in Alberta, Canada. Europe was the largest region in the construction lubrication market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction lubricants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction lubricants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The construction lubricants market consists of sales of penetration lubricants, and dry lubricants. 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 construction lubricants market research report is one of a series of new reports from The Business Research Company that provides construction lubricants market statistics, including construction lubricants industry global market size, regional shares, competitors with a construction lubricants market share, detailed construction lubricants market segments, market trends and opportunities, and any further data you may need to thrive in the construction lubricants industry. This construction lubricants 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 construction chemicals are chemical compounds that are utilized in the creation of buildings. Construction chemicals are chemical compositions that are employed with cement, concrete, or other construction components to bind them together during construction. They are essentially used to speed up the process and add more sustainability and strength to the structures. The main types of construction chemicals are concrete admixtures, waterproofing and roofing, repair, flooring, sealants and adhesives, and others. Concrete admixtures are natural or manufactured chemicals or additives added during concrete mixing to enhance specific properties of the fresh or hardened concrete, such as workability, durability, or early and final strength. The different sectors include commercial, industrial, infrastructure, residential, and public spaces. The global construction chemicals market is segmented - 1) By Type: Concrete Admixtures, Waterproofing and Roofing, Repair, Flooring, Sealants and Adhesives, Other Types 2) By End-User: Commercial, Industrial, Infrastructure and Public Places, Residential, Public Space The global construction chemicals market size grew from $44.73 billion in 2022 to $49.15 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. 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 the global construction chemicals is expected to grow to $67.52 billion in 2027 at a CAGR of 8.3%. The increasing demand in construction significantly contributes to the growth of the construction chemicals market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structures. Construction chemicals help in the elimination of abrasions and the strengthening of bonds, extending the life of buildings. For instance, according to the FMI Corporation, a US-based management consulting company, in comparison to 2021, engineering and construction investment will increase by 5% in 2022. Major countries contributing to this growth are China, India, and the USA. Therefore, the increase in construction is expected to propel the construction chemicals market growth. Major players in the construction chemicals market are Imperial Brands plc, Arkema S.A., Dow Chemical Company, Fosroc International Ltd., Mapei S.p.A, RPM International Inc., Sika AG, Henkel AG & Co. KGaA, Ashland Global Specialty Chemicals Inc., Pidilite Industries Ltd., W. R. Grace and Co., CICO Group, Akzo Nobel N.V., and 3M Company. Strategic partnerships have emerged as a key trend gaining popularity in the construction chemicals market. Major companies operating in the construction chemicals sector are focused on partnerships to strengthen their position. For instance, in January 2021, Nippon Paint, a Japan-based paint manufacturer, partnered with Choksey Chemicals, an Indian manufacturer of construction chemicals. Through this partnership, Choksey Chemicals will manufacture and supply waterproofing and sealant grades for Nippon Paint in India. Furthermore, in May 2022, Pidilite Industries Limited, an Indian-based adhesives manufacturing company partnered with GCP Applied Technologies, a US-based provider of construction products. With the partnership, Pidilite will provide high-performance waterproofing solutions for difficult sites with high temperature variations and water tables, under the brand Dr.Fixit. In October 2020, Lone Star Funds, a US-based private equity firm, acquired BASF Construction Chemicals business for an undisclosed amount. With this acquisition, Lonestar expands its portfolio in the construction chemical business and will strive for the future success of the business. BASF SE is a Germany-based construction chemicals company. Asia-Pacific was the largest region in the construction chemicals market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the construction chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The construction chemicals market consists of sales of water repellants and concrete curing compound. 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 construction chemicals market research report is one of a series of new reports from The Business Research Company that provides construction chemicals market statistics, including construction chemicals industry global market size, regional shares, competitors with a construction chemicals market share, detailed construction chemicals market segments, market trends and opportunities, and any further data you may need to thrive in the construction chemicals industry. This construction chemicals 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.

Construction and demolition waste management refers to the process of collecting, disposing of, altering, destroying, and recycling waste generated from the construction and demolition of any infrastructure. Concrete and masonry trash can be recycled by sorting, crumbling, and sieving into recycled aggregate, which can be used to make concrete for road construction and building material. The main types of services in construction and demolition waste management are collection, recycling, landfilling, and incineration. Collection means a process that is used to collect the waste produced during the construction, demolition, or renovation of buildings. The various businesses included are construction, renovation, and demolition that generate waste such as inert, wood, cardboard, plastic, glass, and others. The different applications include commercial buildings and residential buildings. The global construction and demolition waste management market is segmented - 1) By Service: Collection, Recycling, Landfill, Incineration 2) By Business: Construction, Renovation, Demolition 3) By Waste: Inert, Wood, Cardboard, Plastic, Glass, Other Wastes 4) By Application: Commercial Buildings, Residential Buildings The global construction and demolition waste management market size will grow from $179.51 billion in 2022 to $188.81 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. 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 the global construction and demolition waste management is expected to grow to $243.56 billion in 2027 at a CAGR of 6.6%. Growing environmental concerns are significantly contributing to the growth of the construction and demolition waste management markets. Environmental problems, including global warming, air pollution, water pollution, waste disposal, ozone layer depletion, climate change, and many more, are affecting natural resources, animals, humans, and nations on this planet. The negative impact of excessive construction and demolition waste generation on the environment is raising demand for effective construction and demolition waste management service adoption. For instance, in 2021, according to a study by the construction blog Bimhow, the construction sector contributes to 50% of climatic change, 23% of air pollution, 40% of water, and 50% of landfill waste. Therefore, growing environmental concerns are expected to drive the growth of the construction and demolition waste management market going forward. Major players in the construction and demolition waste management market are Veolia Group, Clean Harbors Inc, REMONDIS SE & Co. KG, Republic Services Inc.,, Daiseki Co. Ltd., Renewi PLC, Progressive Waste Solutions Ltd, FCC Environment, Advanced Disposal Services Inc.,, Casella Waste Systems Inc.,, Kiverco, Windsor Waste, Biffa, Bingo Industries, Cleanaway Waste Management Limited, Eco wise. Technological advancement is a key trend gaining popularity in the construction and demolition waste management market. Technologies such as the integration of AI-powered robots at recycling plants to increase the quality and speed of recycling activities in construction and waste management have been increasing in recent years. For instance, in September 2021, AMP Robotics Corp., a US-based company involved in designing intelligent robotics systems for recycling operations, installed its first AI-guided robotics systems, a single AMP Cortex unit along with a tandem unit in the UK and Ireland to improve pick rates and bale purity in construction and demolition debris. This technology is incorporated with deep learning and computer vision to guide robotics systems to identify, separate, and recover recyclables in the waste stream. In October 2020, GFL Environmental, a Canada-based waste management company, acquired WCA Waste Corporation for an amount of $1.2 billion. Through this acquisition, GFL is expected to continue its organic growth and further expand its reach into adjacent markets, including further expansion of its U.S. footprint. WCA Waste Corporation is a US-based waste management company that operates in construction waste management. Asia-Pacific was the largest region in the construction and demolition waste management market in 2022. The regions covered in the construction and demolition waste management market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction and demolition waste management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The construction and demolition waste management market consists of revenues earned by entities that provide services such as landfilling, incineration, waste compaction, composting, and vermicomposting. 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 construction and demolition waste management market research report is one of a series of new reports from The Business Research Company that provides construction and demolition waste management market statistics, including construction and demolition waste management industry global market size, regional shares, competitors with construction and demolition waste management market share, detailed construction and demolition waste management segments, market trends and opportunities, and any further data you may need to thrive in the construction and demolition waste management industry. This construction and demolition waste management research market report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Construction is the process of building, altering, repairing, improving, or demolishing any structures or buildings using a detailed design and plan. The different types of construction are buildings construction, heavy and civil engineering construction, specialty trade contractors, land planning and development. Building construction includes the dismantling of existing structures, the construction of new structures, the addition of latest structures to existing structures, and the required modifications to existing structures to correspond to any recent additions. The different sectors include private and public. These type of services are provided by large contractors and small contractors. The global construction market is segmented - 1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development 2) By End User: Private, Public 3) By Type of Contractor: Large Contractors, Small Contractors Subsegments Covered: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Highway, Street, And Bridge Construction, Other Heavy And Civil Engineering Construction, Foundation, Structure, And Building Exterior Contractors, Building Equipment Contractors, Building Finishing Contractors, Other Specialty Trade Contractors, Residential Land Planning And Development, Commercial And Institutional Land Planning And Development, Industrial Land Planning And Development The global construction market grew from $14503.87 billion in 2022 to $15461.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. 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 construction market is expected to grow to $19519.26 billion in 2027 at a CAGR of 6.0%. The increasing construction activities in emerging markets are expected to propel the growth of the construction market over the coming years. Emerging markets which registered robust construction activity included China, Brazil, India, Saudi Arabia and Indonesia. For instance, according to the National Bureau of Statistics, construction output contributed for 25.9% of China's GDP in 2020, up from 6.2% in 2019. This rapid growth in construction activity contributed to the growth of the construction market. Major companies in the market include China State Construction Engineering Corporation Ltd., China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Co Ltd., China Evergrande Group. Construction costs have increased steadily due to rising material costs in the historic period. Companies in the industry experienced subdued growth in their profits with rising prices of materials such as crude oil, a key component of asphalt reached $41.96 per barrel in 2020, softwood lumber, a major component used for buildings construction, rose by 112% in February 2021 compared to 2020. Therefore, high material prices adversely affected the construction market during historic period. Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to World Green Building Trends Survey, about 60% of construction firms across the globe were involved in green construction projects . Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings, and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled material are being widely used in the UK. Other green construction techniques such as cross-ventilation for more natural environment, green construction software such as Construction Suite to ensure green compliance, and Green Globes management tool are also being used in the construction industry. For instance, some, Major companies using green construction techniques include Turner Construction Co, Clark Group, AECOM, Hensel Phelps and Holder Construction. Asia-Pacific was the largest region in the construction market in 2022. North America was the second-largest region in the construction market. The regions covered in the construction report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the construction 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, Vietnam. The construction market includes revenues earned by entities by constructing buildings or engineering projects (such as highways and utility systems). Establishments that prepare sites for new construction and those that subdivide land for sale as building sites are included in this market. The construction market includes new work, additions, alterations, maintenance, and repairs. The market also includes modular building construction, prefabricated building construction, 3D building construction and green building construction 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 construction market research report is one of a series of new reports from The Business Research Company that provides construction market statistics, including construction industry global market size, regional shares, competitors with a construction market share, detailed construction market segments, market trends and opportunities, and any further data you may need to thrive in the construction industry. This construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Construction machinery refers to heavy machines designed for performing construction operations. Construction machinery is used in construction projects to load and unload materials, drive tools and materials into and out of a construction site, feed or retrieve material into a processing machine, handle raw materials by transporting them, cut trees and other vegetation, and many other applications. The main products of construction machinery are earthmoving, material handling, building & road construction equipment, and autonomous construction equipment. Earthmoving refers to machinery that is used for digging and moving large amounts of soil. The various applications involved are excavation & mining, lifting & material handling, earthmoving, transportation, and other applications. The various end-users involved are Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, and other end-users. The global construction machinery market is segmented - 1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment, Autonomous Construction Equipment 2) By Application: Excavation & mining, Lifting & material handling, Earth moving, Transportation, Other Applications 3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Other End Users The global construction machinery market size will grow from $308.97 billion in 2022 to $336.72 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. 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 construction machinery is expected to grow from $458.34 billion in 2027 at a CAGR of 8.0%. Increasing investment in infrastructure is anticipated to contribute to the construction machinery’s market growth. According to the World Economic Forum, the investment in infrastructure worldwide is projected to reach $79 trillion by 2040. Similarly, in the Union Budget 2022-23, the government of India allocated Rs. 10 lakh crore (US$ 130.57 billion) to massively push the infrastructure sector. The surge in investments in infrastructure is likely to generate higher demand for construction machinery and equipment, thereby driving the growth of the construction machinery market. Major players in the construction machinery market report are Caterpillar Inc., Komatsu Ltd., Deere & Company, Volvo AB, Hitachi Ltd., Zoomlion Heavy Industry Science, and Technology Co. Ltd., Liebherr Group, EXOR Group, Doosan Infracore Co. Ltd., and Oshkosh Corp. The COVID-19 outbreak acted as a major restraint on the construction machinery market during 2020. The rapid surge in the number of people suffering from coronavirus forced the government to impose lockdowns resulting in the temporary closure of many businesses. Large infrastructure building projects were kept on hold due to social distancing practices imposed worldwide. This led to decreased demand for construction machinery and companies in the market had to halt or slow down their production impacting the revenues of the market. For instance, Hitachi Construction Machinery Co., Ltd., a Japan-based construction company engaged in manufacturing and sales of construction and transportation machinery announced the halt of production at many sites including Russia, the Middle East, Africa, and Asia during COVID-19 lockdowns. In recent years, the construction machinery market has seen a number of strategic initiatives, including partnerships and the launch of innovative products. Major companies in the market are continuously focusing on collaborating with other companies to expand their product portfolio and geographical presence. For instance, Caterpillar Inc., a US-based construction machinery and equipment manufacturer announced a partnership agreement with Newmont Mining, a US-based gold producer to develop underground vehicle automation technology. The companies together plan to focus on Caterpillar's semi-autonomous system for underground loaders and improving existing technology. In October 2021, National Equipment Dealers LLC., a US-based company that rents, sells, and services large heavy equipment acquired Grove River Machinery for an undisclosed amount. With the Grove River acquisition, National Equipment Dealers LLC would successfully grow scale, filling the company’s geographic gaps, and expanding its reach into Georgia. Grove River Machinery is a Georgia-based company engaged in heavy equipment dealerships. The company represented the product line of Hyundai and Kobelco construction equipment. Asia-Pacific was the largest region in the construction machinery market in 2022. Western Europe was the second-largest region in the global construction machinery market share. The regions covered in the construction machinery market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the construction machinery market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The construction machinery market consists of sales of construction machinery, including backhoes, bulldozers, construction and surface mining-type rock drill bits, construction-type tractors, off-highway trucks, pile-driving equipment, portable crushing, pulverizing and screening machinery, powered post hole diggers, road graders and surface mining machinery. 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 construction machinery market research report is one of a series of new reports from The Business Research Company that provides construction machinery market statistics, including the construction machinery industry global market size, regional shares, competitors with a construction machinery market share, detailed construction machinery market segments, market trends and opportunities, and any further data you may need to thrive in the construction machinery industry. This construction machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The construction adhesives are used for waterproofing, roofing, carpet laying, cladding, and insulation applications. Construction adhesives are materials that can permanently bind diverse materials together with better efficiency and design flexibility. These are used to attach drywall, tile, holdings, and fixtures to walls, ceilings, and floors during construction activities. The main types of construction adhesives are water-based, solvent-based, hot-melt, and reactive. Water-based adhesives are used for fast action and to create high-strength bonds in construction activities. These use water as a solvent to create the coating. The various resin types used in construction are acrylic adhesive, polyurethane (PU), polyvinyl acetate (PVA), and epoxy, and they offer various applications such as residential, commercial, and industrial. The global construction adhesives market is segmented - 1) By Type: Water-based, Solvent-based, Hot-melt, Reactive 2) By Resin Type: Acrylic Adhesive, Polyurethane (PU), Polyvinyl Acetate (PVA), Epoxy 3) By Application: Residential, Commercial, Industrial The global construction adhesives market size grew from $10.26 billion in 2022 to $11.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. 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 construction adhesives is expected to grow to $15.09 billion in 2027 at a CAGR of 7.7%. The increase in construction activities is expected to propel the growth of the construction adhesives market going forward. Construction is the process of putting together materials to create enormous structures. The increasing construction activities for residential and non-residential buildings are promoting the construction adhesives market's growth. For instance, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development’s new residential construction data, in 2021 1,337,800 new residential housing construction units were completed, a 4% increase from 2020. Therefore, the increase in construction activities is fueling the construction adhesives market growth. Major players in the construction adhesives market are 3M, Adhesives Technology Corporation, Arkema, Avery Dennison Corporation, DAP Products Inc., The Dow Chemical Company, H.B. Fuller Company, Henkel AG & Co. KGaA, ITW Polymer Sealants, Mapei S.p.A., Sika AG, Wacker Chemie AG, Ashland Inc., Don Construction Products Limited, Franklin International, and Parker Hannifin Corp. Construction companies are increasingly using bio-based adhesives in their construction activities. Growing awareness of environmental problems and diminishing fossil resources has led to the development of bio-based adhesives that have a low carbon footprint and can attach well to a variety of substrates. The bio-based adhesives consist of renewable, bio-based materials that are environmentally friendly and have beneficial mechanical and chemical properties that make them more efficient. For instance, in May 2021, Henkel AG & Co., a Germany-based chemicals company, announced the development of LOCTITE HHD 3544F, the industry’s first bio-based adhesive, whose two-thirds of the content is sourced from renewable, plant-based feedstocks. In July 2022, H.B. Fuller Company, a US-based manufacturer and distributor of sealants, adhesives, and other specialty chemical products, acquired Fourny NV for an undisclosed amount. The acquisition is a strategic move in H.B. Fuller's plan to develop its manufacturing, product line, and workforce in Europe, especially in developing industries like roofing and building envelopes, and to improve supply chain management in this region. Fourny NV is a Belgium-based formulator of industrial adhesives. Asia-Pacific was the largest region in the construction adhesives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The construction adhesive market consists of sales of construction adhesives by chemistry, such as acrylic adhesives, polyurethanes, and silicones. 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 construction adhesives market research report is one of a series of new reports from The Business Research Company that provides construction adhesives market statistics, including construction adhesives industry global market size, regional shares, competitors with a construction adhesives market share, detailed construction adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the construction adhesives industry. This construction adhesives 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.