Category Archives: Construstion

The India ceramic tiles market to touch Rs. 501.70 Bn by the end of 2023

Ceramic Tiles

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In the construction sector, ceramic tiles are considered as one of the key elements which are mainly used for covering roofs, walls, and floors of different buildings as they are highly durable, provide protection from abrasion and require low maintenance. Clay, the most important material required for manufacturing ceramic tiles, is generally obtained from Rajasthan in India.

Market insights:
Among the different types of ceramic tiles, wall tiles constitute 50% of the market share, followed by floor tiles (23%), vitrified tiles, and industrial tiles. Based on value, the size of the ceramic tiles market in India was worth INR 250 Bn in 2017 and is expected to reach INR 501.70 Bn by the end of 2023, expanding at a compound annual growth rate (CAGR) of 13%. In terms of volume, India had manufactured ceramic tiles that could cover an area of 1080 Mn sq. mts. in 2017. On 17th November 2017, tax rates were revised from ~28% to ~18%, which led to a decrease in the cost of finished ceramic tiles products. The decrease in price has led to an increase in the sales of the product thereby leading to the overall growth of the industry.

Market segments:
The organized sector consisting of 16 major players, accounts for ~40% of the Indian tile industry while the remaining 60% is unorganized. The residential sector dominates the demand generated for ceramic tiles in India with 70% market share, while the rest of the order comes from the commercial and replacement sectors.

Export-import:
The export of ceramic tiles has increased in India between FY 2013 and FY2017 and Saudi Arabia, followed by Mexico were the two largest export destination during the period. India has recorded major imports of ceramic tiles, both value and volume-wise, from countries like Italy, China, and Spain.

Key growth drivers of the market:
• Increased spending on infrastructure by the Government of India, coupled with rapid urbanization is promoting the demand for residential and commercial buildings.
• Growing space requirements from various sectors like healthcare, education and IT is making real estate a profitable industry for the ceramic tiles manufacturers of India.
• Apart from new projects, the demand for ceramic tiles has increased from projects related to the replacement of tiles in residential and commercial construction. The replacement market is expected to witness a strong growth in the coming year, thus driving the growth of the ceramic tiles market of India.

Key deterrents to the growth of the market:
Domestic ceramic tiles manufacturers face challenges due to the rise in the cost of production, which, in turn, hampers the profit margin of the manufacturers. An appreciation of the dollar against the rupee has increased the price of compressed natural gas (CNG) which constitutes 30% of the input cost for manufacturing ceramic tiles, hence increasing the total cost of production.

Companies covered:
1. Asian Granito India Limited
2. Euro Ceramics Limited
3. H & R Johnson (India) Limited
4. Kajaria Ceramics Limited
5. Nitco Limited
6. Orient Bell Limited
7. Varmora Granito Private Limited
8. RAK Ceramics India Private Limited
9. Somany Ceramics Limited
10. Murudeshwar Ceramics Limited

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Indian construction equipment market (2018–2023)

Construction Equipment Market In India 2023

Aarkstore Market Research Enterprise entitles the new approach into a Market Research Report “Construction Equipment Market In India (2018–2023)

Market insights:
Construction equipment includes all kinds of machines, derricks, hoists, material handling equipment, platforms, runways, safeguards, protective devices, cranes, and equipment used for other constructions. Owing to a surge in investments in the infrastructure sector, and growth of the real estate sector, the construction equipment market in India is expected to expand at a compound annual growth rate (CAGR) of ~7% till 2023, up from its 2017 value of INR 210 Bn.

Insights on segments based on equipment category:
Based on the category of equipment, the market is segmented into earth moving equipment, concrete equipment, material handling equipment, road construction equipment, and material processing equipment. Clearance of mining and construction (road building and real estate) projects in recent years have led the earth moving segment to occupy a major share of the construction equipment market, followed by concrete equipment, and material handling equipment.

Insights on segments based on equipment type:

Backhoe loaders, crawler excavators, mobile compressors, mobile cranes, compaction equipment, wheeled loaders, and crawler dozers are the most common construction equipment used in India. Among these, backhoe loaders had the highest market share in 2018, mainly due to its versatile applications.

Market trends:
The Ministry of Road Transport and Highways has implemented its ‘Value Engineering Program’, which directs constructors to use innovative technologies, materials, and equipment that can reduce the overall project cost and adverse effect on the environment.

Market drivers:
The Indian government has recently invested in the infrastructure sector. Substantial investment in the development of infrastructure in India is supposed to increase the demand for different kinds of construction equipment.
The real estate market in India is expected to expand at a CAGR of ~11.54%, to reach a value of
~INR 12,0104.2 Bn by 2020, from ~INR 7004.34 Bn in 2015. The demand for construction equipment is increasing considerably in India due to the growth of the real estate market.

Market challenges:
Stringent regulations, along with increasing environmental concerns delay approvals for real estate projects in India. This, in turn, increases the overall budget of projects while slowing down the processes. Heavy equipment is rented and lie unused for months. As a result, in India, the revenue of the construction equipment market is limited. The secondary market for used construction equipment is yet to develop. This prevents the resale of equipment, which in turn reduces the overall revenue of the secondary construction equipment market.

Companies covered:

1. Action Construction Equipment Ltd.
2. Bharat Earth Movers Ltd.
3. Escorts Ltd.
4. Gujarat Apollo Industries Ltd.
5. Hercules Hoists Ltd.
6. JCB India Pvt. Ltd.
7. L&T Construction & Mining Machinery
8. Triton Valves Ltd.
9. Universal Construction Machinery and Equipment
10. Volvo Construction Equipment India

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The Asia Pacific makes a move for growth in Construction Waste Processing

Asia Pacific Construction Waste Processing Market report is an essential reference for who looks for detailed information on Asia Pacific Construction Waste Processing market. The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as the Asia Pacific major vendor’s information.

Asia Pacific Construction Waste Processing Market 2024

In addition to the data part, the report also provides an overview of Construction Waste Processing market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet the user’s requirements is also available.

Key Points of this Report:

  • The depth industry chain includes analysis value chain analysis, porter five forces model analysis, and cost structure analysis
  • The report covers the Asia Pacific and country-wise market of Construction Waste Processing
  • It describes the present situation, historical background, and future forecast
  • Comprehensive data showing Construction Waste Processing capacities, production, consumption, trade statistics, and prices in the recent years are provided
  • The report indicates a wealth of information on Construction Waste Processing manufacturers
  • Construction Waste Processing market forecast for next five years, including market volumes and prices, is also provided
  • Raw Material Supply and Downstream Consumer Information is also included
  • Any other user’s requirements which are feasible for us

The largest vendors of Asia Pacific Construction Waste Processing market: (At least 9 companies included)

  • Enviro Serve
  • Progressive Waste Solution
  • Remondis
  • Republic Service
  • Waste Management
  • Clean Harbor

For the complete list, please ask for sample pages.

The Construction Waste Processing market in the Asia Pacific is segmented by countries:

  • China
  • India
  • Japan
  • South Korea
  • Bangladesh
  • Sri Lanka
  • Indonesia
  • Malaysia
  • Philippines
  • Thailand
  • Vietnam
  • Singapore
  • Australia
  • New Zealand

The report’s analysis Construction Waste Processing market in the Asia Pacific by products type:

  • Type I
  • Type II
  • Type III

The report’s analysis Construction Waste Processing market in the Asia Pacific by application as well:

  • Application I
  • Application II
  • Application III

Reasons to Purchase this Report:

  • Analyzing the outlook of the market with the recent trends and SWOT analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Distribution Channel Sales Analysis by Value
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 1-year analyst support, along with the data support in excel format.

Category:  Energy and Power Market Research Reports

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UAE facility management is projected to grow at a CAGR of over 10% to reach $ 27 billion by 2024

UAE facility management market was valued at $ 13.8 billion in 2018 and is projected to grow at a CAGR of over 10% to reach $ 27 billion by 2024. Anticipated growth in the market can be attributed to the booming commercial sector and the increasing number of residential projects in the country. Dubai and Abu Dhabi, being the commercial hubs of the country, are witnessing a boost in the real estate sector which is further increasing the demand for facility management across the country. Furthermore, rising integration of technologies in facility management services along with hosting of World Expo 2021 is further anticipated to aid the growth of UAE facility management market over the next five years.

UAE Facility Management Market Forecast 2025

 The objective of the Study:

  • The primary objective of the study was to understand and gain insights about the UAE facility management market and its segmental analysis by organized vs unorganized, by in-house vs outsource, by service, by application, and by region and forecast its market by 2025.
  • To categorize and forecast UAE facility management market by service such as property, cleaning, security, catering, support & others and by application such as commercial, residential & industrial.
  • To estimate, calculate and forecast the market size for the UAE facility management market.
  • To strategically profile the leading facility management service providers in the market which cater to the UAE facility management market.

Major leading players in UAE facility management market

EMRILL Services LLC
Imdaad LLC
Farnek Services LLC
EFS Facilities Management Services
Khidmah LLC
COFELY BESIX Facility Management
Interserve
Al Shirawi Facilities Management LLC
Transguard Group LLC etc.

Key Target Audience:

  • Facility management market service providers and other stakeholders
  • Major end users of facility management services
  • Government bodies such as regulating authorities and policymakers
  • Associations, organizations, and alliances related to facility management market
  • Market research and consulting firms

Report Scope:

Market, By Service:

  • Property
  • Cleaning
  • Security
  • Catering
  • Support
  • Others

Market, By Unorganized Vs Organized

Market, By In-house Vs Outsource

Market, By Application:

  • Commercial
  • Residential
  • Industrial

Market, By Region

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Other Emirates

Category:  Contraction Market Research Reports

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Increasing FDI in constructions has risen Modular constructions in the Asia Pacific.

Summary

Modular construction in high-rise buildings market basically refers to the permanent modular construction (PMC) that comes in the form of modules such as bathroom modules, kitchen modules, and room modules, used in the high-rise building construction.

GLOBAL MODULAR CONSTRUCTION FOR HIGH RISE BUILDINGS MARKET 2023

Increasing FDI in construction in the Asia-Pacific region, supportive government regulations and policies, the establishment of SEZs, and minimized construction wastage are expected to have a positive impact on the modular construction for high-rise buildings market. However, market growth is hampered by fluctuating raw material prices, additional cost, and availability of skilled labor.

Key Highlights

The global modular construction for high-rise buildings market is expected to grow at 5.60% CAGR during the forecast period, 2017-2023.

In 2016, the market was led by Europe with 41.13% share, followed by the Americas and the Asia Pacific with shares of 29.42% and 16.23%, respectively.

Market Segmentation

The global modular construction for high-rise buildings market has been segmented based on material, building height, module type, and region. Of all the material, steel accounted for the largest market share of 40.31% in 2016, with a market value of USD 1,311.7 million, which is projected to grow at the highest CAGR of 5.82% during the forecast period. Based on building height, Up to 70 meters segment accounted for the largest market share of 42.76% in 2016, with a market value of USD 1,391.5 million, which is projected to grow at the highest CAGR of 5.69%. On the basis of module type, bathroom pods are expected to show the highest growth of 5.79% during the forecast period.

Key Players

Oldcastle Surepods

Eurocomponents Italia S.P.A.

PIVOTek

NeoPod Systems

Interpod Offsite

B&T Manufacturing

Elements Europe

Speed House Group Company

Intelligent Offsite

PUDA Industrial Co., Ltd.

 Category: Construction Market Research Reports

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The emergence of a South African construction firm.

Group Five recently has filled protection of deal for bankruptcy. The company is the third biggest firm in the construction process, further going ahead of thefts in recent times, according to Construction Market research reports.

sprayed

Growing with a 45-year history of excellence, the company has since built the King Shaka airport. Additionally, stadiums such as Mabhida Stadium, along with fuel pipelines has been a major contribution by the company. A large section of the N1, N2 and N4 highways are dominated by the company. A string of head offices of Cell C and Nedbank has been a crucial landmark in the Johannesburg domain.

Some other bankrupted builders were already on the verge before the company got hit. The builders like Basil Read and Esor has been hit hard in the government infrastructure projects currently, stated by Construction industry trends. This further puts the South African economy in jeopardized conditions.

The conditions of the construction sector have been deteriorating with the worst experiences in the current decade, mostly in the development firms. This was stated by the CEO of a construction firm-Concor, Eric Wise.

With this, there is constant havoc among other construction firms. These firms were at a time some of the biggest names of the country. With deteriorating currently, the condition doesn’t seem to improve soon. This, on the other hand, is affecting the economy to a large extent.

Aveng, Murray & Roberts were named among the several biggies in the top forty companies listed in the list of FTSE/JSE Top40. They are largely going on a toss for now.

Currently, these companies are small and even smaller in the economy from the top companies of the list before a decade.

Sill there has been a little hope for the construction industry lately with the South African construction industry looking to bloom amid downturns, eventually recovering states construction industry reports.

The current status says a speedy recovery on the rise of government’s infrastructure programs being implemented. This has a significant potential to further ignite the investments of private sectors, giving the construction industry a boost.

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MEED Insights: Oman Projects Market 2018 | Aarkstore

Oman Projects

Aarkstore Enterprise announced latest Market Research Report Titled “Global Advertising Industry Profile & Value Chain Analysis

Summary

Oman is embarked on an investment drive that is creating a diversified, private-sector driven economy, and establishing the country as a major tourism destination and a strategic logistic hub for the region.

Oman’s transformation offers substantial project opportunities for investors, contractors and consultants in the construction, oil & gas, power, water, wastewater and transport & logistics sectors.

It is also creating exciting private sector investment opportunities in the tourism, healthcare, utilities and education sectors as it seeks to transfer the delivery of its public service to private sector operators.

Spending levels could remain relatively high as Oman has over $126bn worth of total pipeline of un-awarded projects.

Packed full of expert insight on the opportunities and challenges, the report provides exclusive forecast for project spending across all core sectors.

Although Oman has long been a stable projects market, the next few years could see the market grow substantially as it seeks to diversify its economy further.

Written by MEED, the Middle East market experts within the GlobalData Group, this report is a must-have resource for any company interested in accessing this growing and increasingly diverse market. Save time and investment on research and analysis. Gather exclusive data on the Oman projects market through this in-depth examination.

Reasons to buy

– Breakdown and analysis of upcoming project opportunities in Oman
– Key data on current and future size of each sector
– Proprietary client and contractor rankings
– Details on upcoming projects and schedules
– Key opportunities, challenges and much more.


Related Reports:

MEED Insights: GCC Projects Outlook Report 2018

MEED Insights: Saudi Arabia 2018 – New opportunities in the Middle East’s biggest market

PESTLE Insights: Macroeconomic Outlook Report – Russia

PESTLE Insights: Macroeconomic Outlook Report – Canada

Tourism Source Market Insights: United States of America – Analysis of tourist profiles, traveler flows, spending patterns, main destination markets, and risks and opportunities

PESTLE Insights: Russia – Macroeconomic Outlook Report

 

 

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