The ASEAN home improvement market is forecasted to reach US$14.20 billion in 2028, experiencing growth at a CAGR of 9.24% during the period spanning from 2024 to 2028. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetrati ..
The global construction chemicals market is expected to record a value of US$95.43 billion in 2028, recording growth at a CAGR of 5.50%, for the time period of 2024-2028. Factors such as expansion of the construction industry, rising number of construction enterprises, increase in home improvement activities, rising number of employees in construction industry and rapid urbanization would drive ..
The global flat roofing systems market is expected to record a value of US$68.61 billion by 2028, witnessing growth at a CAGR of 3.59% for the period spanning 2024-2028. Factors such as expansion of construction industry, upsurge in climate change, increasing residence age, rapid urbanization and growing adoption of flat roofing in commercial buildings would drive the growth of the market. Howe ..
The global building insulation market is expected to record a value of US$40.81 billion in 2028, progressing at a CAGR of 5.45% for the period spanning 2024-2028. Factors such as expanding building & construction industry, increasing emphasis on controlling greenhouse emissions, rising urbanization, growing focus on energy conservation and supportive government policies and initiatives woul ..
The global elevator & escalator (E&E) market is likely to escalate to US$166.25 billion in 2028, progressing at a CAGR of 5.67% during the period spanning from 2024 to 2028. The factors such as proliferation of construction activities, surging geriatric population, booming digitalization, ageing installed base of elevators and escalators and expanding urbanization would drive the growth ..
The global power tools market is expected to record a value of US$56.19 billion in 2028, rising at a CAGR of 5.70%, for the time period of 2024-2028. Factors such as surging number of construction activities, expansion of automotive industry, rising demand from wind energy industry and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by ..
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A rent-to-own (sometimes known as "lease purchase") agreement allows buyers the chance to lease a house with the opportunity to purchase it later. On a monthly basis, the tenant/buyer pays the landlord/seller a sum equivalent to the rental amount. A part of the monthly payment is then put to the purchase price of the home. The tenant/buyer has the sole rig ..
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Green steel is steel that is less harmful to the environment than typical steel-making procedures. This footprint is reduced when non-coal-based alternative technologies are implemented. Green hydrogen is typically used in green steel manufacturing rather than coal or power generated from non-fossil sources.
The European green steel industry is proje ..
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The building energy management system is a multifaceted system comprised of hardware, software, and services. The system aids in energy management by utilizing a variety of strategies such as information and communication technology, among others. Furthermore, BEMS technology monitors, automates, and controls building systems such as heating, ventilation, ..
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Infrastructure has been increasingly important in boosting countries' economic progress and prosperity in recent years. Infrastructure expenditure promotes economic inclusion, facilitates trade and connection, and leads to increased productivity and growth. Civil engineering and infrastructure construction firms create huge structures, bridges, dams, pipel ..