The global cement market is expected to record a value of US$401.10 billion in 2025, progressing at a CAGR of 5.10% for the period spanning 2021-2025. Factors such as surging demand from construction activities, increasing adoption of green cement, expanding urbanization and rising disposable income are likely to drive the growth of the market. However, the growth of the market would be challen ..
The ASEAN home improvement market is forecasted to reach US$10.90 billion in 2025, experiencing growth at a CAGR of 9.22% during the period spanning from 2021 to 2025. 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 smart city market is anticipated to reach US$2.51 trillion in 2025, experiencing growth at a CAGR of 20.51% during the period spanning from 2021 to 2025. Growth in the market was supported by factors such as increasing technology spending on smart city initiatives, rising global urbanization and surging infrastructural investment. Growing adoption of artificial intelligence is likely ..
The global smart home market is forecasted to reach US$292.43 billion in 2024, growing at a CAGR of 9.68% for the period spanning 2020-2024. The factors such as growing smart HVAC devices demand, rapid urbanization, improving consumer confidence, rising geriatric population, increasing income, growing expenditures on Internet of Things (IoT) and rising adoption of sustainable building designs a ..
Cement is a substance which binds together other materials by a combination of chemical processes collectively known as setting. Cement is a dry powder and should not be confused with concretes or mortars, but it is an imp ..