#Construction costs in India 2024
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flats-for-sale-kalyan · 11 months ago
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adastra-sf · 8 months ago
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Climate change-driven heatwaves threaten millions
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Extreme record-breaking heat leads to severe crises across the world.
Already in 2024, from Israel, Palestine, Lebanon, and Syria in the West; to Myanmar, Thailand, Vietnam, China, and the Philippines in the East; large regions of Asia are experiencing temperatures well above 40°C (104°F) for days on end.
The heatwave has been particularly difficult for people living in refugee camps and informal housing, as well as for unhoused people and outdoor workers.
Using the Heat Index Calculator, at that temperature and a relative humidity of 50%, residents see a heat index of 55°C (131°F) - a temperature level humans cannot long survive:
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In February, the southern coastal zone of West Africa also experienced abnormal early-season heat. A combination of high temperatures and humid air resulted in average heat index values of about 50°C (122°F) - the danger level, associated with a high risk of heat cramps and heat exhaustion.
Locally, temperatures entered the extreme danger level associated with high risk of heat stroke, with values up to 60°C (140°F):
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Even here at Ad Astra's HQ in Kansas, last summer we saw several days with high temperatures of 102°F (39°C) at 57% humidity, resulting in a heat index of 133°F (56°C):
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Of course, the major difference in survivability in Kansas versus some of the places suffering extreme heat right now is that air-conditioning abounds here. Those who live somewhere that faces extreme heat but can escape it indoors are a lot more likely to survive, but a person who lives somewhere without such life-saving gear faces not just discomfort, but heat stroke and even death.
This includes unhoused and poor people here in the wealthier parts of the world, who often do not have access to indoor refuge from the heat.
About 15% of US residents live below the poverty line. Many low-wage earners work outside in construction or landscaping, exposed to the ravages of heat. Many do not own an air conditioner, and those who do might need to budget their body's recovery from heat against cost to purchase and run cooling equipment. Because heat stress is cumulative, when they go to work the next day, they’re more likely to suffer from heat illness.
Bad as that is, for those living on the street, heatwaves are merciless killers. Around the country, heat contributes to some 1,500 deaths annually, and advocates estimate about half of those people are homeless. In general, unhoused people are 200 times more likely to die from heat-related causes than sheltered individuals.
For example, in 2022, a record 425 people died from heat in the greater Phoenix metro area. Of the 320 deaths for which the victim’s living situation is known, more than half (178) were homeless. In 2023, Texans experienced the hottest summer since 2011, with an average temperature of 85.3°F (30°C) degrees between June and the end of August. Some cities in Texas experienced more than 40 days of 100°F (38°C) or higher weather. This extreme heat led to 334 heat-related deaths, the highest number in Texas history and twice as many as in 2011.
The Pacific Northwest of Canada and the USA suffered an extreme heat event in June, 2021, during which 619 people died. Many locations broke all-time temperature records by more than 5°C, with a new record-high temperature of 49.6°C (121°F). This is a region ill-suited to such weather, and despite having relatively high wealth compared to much of the world, many homes and businesses there do not have air-conditioning due to a history of much lower temperatures.
Heatwaves are arguably the deadliest type of extreme weather event because of their wide impact. While heatwave death tolls are often underreported, hundreds of deaths from the February heatwave were reported in the affected countries, including Bangladesh, India, Thailand, Myanmar, Cambodia, and the Philippines.
Extreme heat also has a powerful impact on agriculture, causing crop damage and reduced yields. It also impacts education, with holidays having to be extended and schools closing, affecting millions of students - in Delhi, India, schools shut early this week for summer when temperatures soared to 47°C (117°F) at dangerous humidity levels:
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At 70°C (157°F !), humans simply cannot function and face imminent death, especially when humidity is high. This is the notion of "heat index," a derivative of "wet-bulb temperature."
Though now mostly calculated using heat and humidity readings, wet-bulb temperature was originally measured by putting a wet cloth over a thermometer and exposing it to the air.
This allowed it to measure how quickly the water evaporated off the cloth, representing sweat evaporating off skin.
The theorized human survival limit has long been 35°C (95°F) wet-bulb temperature, based on 35°C dry heat at 100% humidity - or 46°C (115°F) at 50% humidity. To test this limit, researchers at Pennsylvania State University measured the core temperatures of young, healthy people inside a heat chamber.
They found that participants reached their "critical environmental limit" - when their body could not stop the core temperature from continuing to rise – at 30.6°C wet bulb temperature, well below what was previously theorized. That web-bulb temperature parallels a 47°C (117°F) heat index.
​The team estimates that it takes between 5-7 hours before such conditions reach "really, really dangerous core temperatures."
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On March 5, 2024, Hong Kong saw temperatures of 27°C (80°F) with 100% humidity, which results in a heat index of 32.2°C (90°F) - seemingly not so bad until considering it's higher than the critical wet-bulb temperature. Also, if you watch the video, imagine the long-term effects of water accumulating in residences, such as dangerous mold.
We are witnessing the effects of climate change right now, all around the world, and rising temperatures are just the most-obvious (what we used to call "global warming"). Many, many other side-effects of climate change are beginning to plague us or headed our way soon, and will affect us all.
Unfortunately, those most affected - and those being hit the hardest right now - are people most vulnerable to heatwaves. With climate crises increasing in both intensity and frequency, and poverty at dangerous levels, we face a rapidly rising, worldwide crisis.
We must recognize the climate crisis as an international emergency and treat it as such. So much time, creative energy, resources, and life is wasted in war and the pursuit of profit or power - consider how much good could come from re-allocating those resources to ensuring a future for Earthlings, instead.
(Expect to see a "Science into Fiction" workshop on climate change coming soon - SF writers have a particular responsibility to address such important topics of change and global consequence.)
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communicationblogs · 5 months ago
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Coiled Tubing Insights: A Deep Dive into Services, Operations, and Applications
Coiled Tubing Market Overview:
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Inquiry Before Buying
Coiled Tubing Market Report Coverage
The “Coiled Tubing Market Report — Forecast (2024–2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Coiled Tubing Industry. By Service: Well Intervention & Production, Drilling, Perforating, Fracturing, Engineering Services, Milling Services, Nitrogen services and others. By Operations: Circulation, Pumping, Logging, Perforation, Milling and Others. By Technology/Services: Software Solutions, Hardware By Location: On-Shore, Off-Shore By Application: Wellbore Cleanouts, Electrical Submersible Pump Cable Conduit, Fracturing, Pipeline Cleanout, Fishing, Cementing, Nitrogen Jetting and others. By End Use Industry: Oil and gas Industry, Engineering Procurement and Construction Industry, Others By Geography: North America (U.S, Canada, Mexico), South America (Brazil, Argentina, and others), Europe (Germany, UK, France, Italy, Spain, and Others), APAC (China, Japan India, SK, Australia and Others), and RoW (Middle East and Africa)
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Key Takeaways
North America dominates the Coiled Tubing Market share of 46.6% in 2023, owing to its advanced oil and gas industry, technological innovation, and substantial investments in exploration and production activities.
The development of unconventional resources, such as shale oil and gas, has increased the demand for coiled tubing services. Coiled tubing is often employed in hydraulic fracturing (fracking) operations in these unconventional reservoirs.
Well intervention services, including well cleaning, stimulation, and logging, are major applications of coiled tubing. As older wells require maintenance and newer wells require optimization, as a result growing the Demand for Well Intervention Services using coiled tubing continues to increase.
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Coiled Tubing Market Drivers
Increased Exploration and Production Activities
The surge in oil and gas exploration, notably in unconventional resources such as shale, tight gas, and heavy oil, is fueling the demand for coiled tubing services. Integral to well intervention and stimulation procedures, coiled tubing plays a pivotal role in sustaining and augmenting production rates. This heightened exploration and production activity underscores the significance of coiled tubing services in maintaining operational efficiency and maximizing output in the energy sector.
Increasing Energy Demand
The escalating global energy demand propels the coiled tubing market forward. With an ever-growing need for energy resources, particularly in oil and gas sectors, there’s a heightened requirement for efficient extraction methods. Coiled tubing technology offers a versatile and cost-effective solution for various well intervention and drilling operations, catering to the increasing complexities of resource extraction. Its flexibility, mobility, and ability to access challenging environments make it indispensable in meeting the surging energy demands worldwide. As industries strive to optimize production and enhance operational efficiency, coiled tubing emerges as a crucial component in the quest for sustainable energy solutions.
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stanleyhuds · 2 months ago
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Underwater Concrete Market Share, Demand, Growth, and Forecast 2025-2033
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Global Underwater Concrete Industry: Key Statistics and Insights in 2025-2033
Summary:
The global underwater concrete market size reached USD USD 184.6 Billion in 2024.
The market is expected to reach USD 256.2 Billion by 2033, exhibiting a growth rate (CAGR) of 3.52% during 2025-2033.
North America leads the market, accounting for the largest underwater concrete market share.
Aggregates represent the largest segment due to their crucial role in providing the necessary bulk, strength, and durability for underwater concrete mixtures.
Hydropower holds the biggest market share because the construction and maintenance of dams and other hydropower infrastructure require extensive use of underwater concrete.
Ongoing advancements in underwater construction are impelling the growth of the market.
The growing demand for marine infrastructure is offering a favorable market outlook.
Industry Trends and Drivers:
Technological Advancements in Underwater Construction:
Advancements in underwater construction are boosting the market. Innovations like new concrete mixes and additives improve underwater concrete. These technologies ensure concrete stays strong against high pressure and salt. Moreover, the rise of self-compacting concrete and special admixtures is making underwater construction faster and more reliable. This not only enhances underwater structures but also cuts labor costs and project times.
Increasing Demand for Marine Infrastructure:
Demand for marine infrastructure is rising, creating a positive market outlook. Urban growth and economic expansion boost maritime trade. This, in turn, calls for better ports and harbors. Coastal cities now invest in flood defenses, seawalls, and tunnels to combat climate change effects. These projects need special underwater concrete. It must resist harsh marine conditions. Additionally, the growth of offshore oil, gas, and wind projects increases the need for reliable materials.
Government Initiatives and Funding:
Government initiatives and funding significantly boost market growth. Worldwide, governments are investing in infrastructure to enhance economies and tackle environmental issues. They are allocating substantial funds for coastal protections like sea walls and breakwaters against climate change. Moreover, support for offshore renewable energy projects, which need extensive underwater concrete, is also growing. In developing regions, incentives and subsidies are encouraging the use of advanced materials, including underwater concrete.
Request for a sample copy of this report: https://www.imarcgroup.com/underwater-concrete-market/requestsample
Underwater Concrete Market Report Segmentation:
By Raw Material:
Admixtures
Cement
Aggregates
Others
Aggregates represent the largest segment due to their crucial role in providing the necessary bulk, strength, and durability for underwater concrete mixtures.
By Application:
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Hydropower
Marine
Shore Protection
Underwater Repairs
Tunnels
Swimming Pools
Others
Hydropower holds the biggest market share because the construction and maintenance of dams and other hydropower infrastructure require extensive use of underwater concrete.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America’s dominance in the underwater concrete market is attributed to its significant investments in marine infrastructure, coastal protection projects, and the expansion of offshore energy installations.
Top Underwater Concrete Market Leaders: 
The underwater concrete market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
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Buzzi Unicem S.p.A.
CEMEX S.A.B. de C.V.
CONMIX Ltd.
Five Star Products Inc.
Heidelberg Materials
Larsen Building Products
MUHU (China) Construction Materials Co. Ltd.
Rockbond SCP Ltd
Sika AG, Tarmac (CRH plc)
Unibeton Ready Mix (Al Fara’a Group)
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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prachicmi · 4 months ago
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Valves Market is Estimated to Witness High Growth
Valves Market is Estimated to Witness High Growth Owing to Rising Constructional and Infrastructure Development Activities The valves market comprises products such as gate valves, globe valves, check valves, butterfly valves, ball valves and pressure regulating valves which are used to control the flow, pressure and direction of fluids. Valves are extensively used in power plants, refineries, oil & gas, water & wastewater and construction activities. These products play a key role in fluid transportation and management which makes them an integral component across various industrial sectors. Rising infrastructure development projects across both developed and developing nations are augmenting the demand for valves. Moreover, growing pipeline networks for oil & gas transportation is also favoring market growth. The Global valves market is estimated to be valued at US$ 83 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the valves market are Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A., Perdue Farms, Sanderson Farms, Baiada Poultry, Bates Turkey Farm, and Amrit Group. The major players are focusing on capacity expansion plans and mergers & acquisitions to gain market share. Rising population and changing diets are expected to fuel the growth of the poultry sector which presents significant opportunities for valve manufacturers. With the growing poultry industry, demand for processing equipment including valves is also projected to rise substantially over the forecast period. The global valves market is estimated to witness growth across key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This can be attributed to surging investments in oil & gas, water & wastewater infrastructure, and industrial development projects worldwide. Emerging economies with high urbanization rates like China and India also offer lucrative prospects for market expansion. Market Drivers The key driver behind the Valves Market Demand is the increasing constructional and infrastructure development activities worldwide. There is huge government focus as well as private investments toward projects such as roadways, railways, metro stations, power generation, water supply, etc. which involves extensive use of valves in various process applications. Further, the rising need for energy and growing focus on rural electrification has boosted investments in power transmission and distribution sector augmenting valves demand.
PEST Analysis
Political: The valves market is regulated by laws pertaining to safety, environmental protection and quality standards. New regulations regarding emissions could impact demand patterns. Economic: Changes in the global and regional economic conditions directly impact spending on industries like oil & gas, energy & power, and water & wastewater management which influences Valves demand. Social: Growing population and urbanization is increasing requirements for water, energy and other infrastructure development which boost the usage of valves. Technological: Advancements in materials and designs of valves are improving efficiency, lowering costs and enabling usage in newer applications. Digitalization is also aiding remote monitoring of industrial valves. The regions concentrating maximum valves market share in terms of Valves Market Size and Trends include North America, Europe and Asia Pacific. North America accounts for a major portion owing to strong presence of end-use industries like oil & gas and significant infrastructure spending. Europe and Asia Pacific are also sizable markets led by Germany, China, India respectively. The fastest growing regional market for valves is expected to be Asia Pacific led by increasing investments in water & wastewater management, power projects and industrial activities in China and India. Rising standards of living and initiatives to improve urban infrastructure will further drive the demand across developing nations in the region.
Get more insights Valves Market
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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
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industrialpipefittings · 5 months ago
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Recent Developments in the Steel Industry
As of early September 2024, the steel industry is experiencing dynamic changes, mainly due to trade disputes, price fluctuations, and labor issues impacting global supply chains. These trends, along with broader economic challenges like inflation, are shaping the steel market's direction.
Trade Disputes Over Coated Steel Imports
A significant development this week involves several U.S. steel mills filing trade petitions against imports of coated steel products from countries like Korea, India, and Turkey. These petitions allege unfair competition due to subsidies and product dumping at lower prices. If successful, it could lead to higher tariffs, reducing steel supply in the U.S. market and increasing prices domestically.
Labor Strikes Impacting U.S. Steel Demand
Labor strikes in the U.S. automotive industry are also affecting steel. As car manufacturers reduce production due to strikes, the steel industry could see a dip in demand. Additionally, this might lead to higher prices for scrap steel, creating more volatility in a supply chain already under pressure.
Global Steel Production Recovery
Despite these issues, global steel production is showing modest recovery, expected to grow by 1.7% in 2024. Much of this growth comes from infrastructure projects in Asia, particularly in China and India. However, trade disputes and inflation could impact this positive trend.
Price Volatility Due to Inflation
Steel prices remain volatile, driven by raw material costs like iron ore and coal, and energy prices, all affected by inflation and geopolitical tensions. As production costs rise, consumers might face increased prices for steel products, particularly in construction and manufacturing sectors. For more information on steel products and procurement, visit Udhhyog.
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usafphantom2 · 11 months ago
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India approves development of the 5ª generation 'AMCA' fighter
Fernando Valduga By Fernando Valduga 03/07/2024 - 20:03in Military
In a significant move, the Indian Cabinet Security Committee approved the fifth-generation Advanced Medium Combat Aircraft (AMCA) poaching project to be executed by the Defense Research and Development Organization (DRDO).
With an estimated cost of approximately US$ 2 billion, the project will be carried out by the Aeronautical Development Agency of the Defense Research and Development Organization. The goal is to develop poaching and its associated technologies in collaboration with several public and private sector entities. The plan includes the construction of approximately five prototypes within a period of about five years.
According to sources, the project will involve the production of the prototype by industry players, including the public sector company Hindustan Aeronautics Limited.
AMCA ??
As CCS Chaired by PM Modi Clears India Stealth Fighter Jet Program. The total Program cost would be Rs 15,000 Cr & total 5 Prototype will be built in 5 Years with first Proto Roll out in 3 Year
All the Tech required for it already built & devloped.
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— Vivek Singh (@VivekSi85847001) March 7, 2024
The government has actively sought the development of national technologies in the defense sector.
The Ministry of Defense predicts that the fifth-generation aircraft project will create numerous employment opportunities and may result in substantial commercial contracts worth millions of dollars for Indian companies. This initiative is expected to generate large-scale employment opportunities.
Under the leadership of Prime Minister Narendra Modi, the Indian Air Force has significantly strengthened its support for Indian fighter aircraft projects. This is evidenced by the government's acquisition of more than 200 light combat aircraft and the approval of engines for the LCA Mark-2 project.
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The introduction of the AMCA into operational functions is expected to begin after 2030. The two initial squads are planned to be equipped with GE-414 engines, while discussions are underway for the co-development of more powerful engines for the subsequent squads.
India is expected to introduce more than 200 of these advanced fifth-generation fighters, which will also contribute to the country's ability to develop future generations of jet fighters in the domestic market.
Source: ANI
Tags: Military AviationHAL - Hindustan Aeronautics LimitedHAL AMCA - Advanced Medium Combat Aircraft/Advanced Medium Combat AircraftIAF - Indian Air Force/Air Force of India
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Fernando Valduga
Aviation photographer and pilot since 1992, he has participated in several events and air operations, such as Cruzex, AirVenture, Dayton Airshow and FIDAE. He has works published in specialized aviation magazines in Brazil and abroad. He uses Canon equipment during his photographic work in the world of aviation.
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esconpanache · 8 months ago
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Architectural Excellence: The Design Philosophy Behind Escon Panache
 At Escon Panache, we promise to deliver the best for our clients. We understand the importance of a home. We believe that true luxury is found in the details. Our 4 BHK luxury villas in Greater Noida are a testament to architectural excellence and thoughtful design. Each villa is crafted to offer a harmonious blend of elegance, comfort, and functionality, creating a living space that feels like a true sanctuary. 
Here are some elegant approaches to the design philosophy that make Escon Panache villas stand out.
Embracing Elegance and Functionality
The design philosophy at Escon Panache is centered around the idea that luxury should not only look beautiful but also serve the needs of its residents. Our architects and designers have meticulously planned every inch of space to ensure that each villa is not just aesthetically pleasing but also highly functional.
Spacious Layouts: Each villa features spacious rooms with high ceilings and large windows, allowing for ample natural light and ventilation. The open-plan living areas seamlessly connect with the dining and kitchen spaces, creating a flow that is perfect for both daily living and entertaining guests.
Thoughtful Details: From the choice of premium materials to the precision in construction, every detail has been considered. High-quality finishes, elegant fixtures, and modern appliances are standard in every villa, ensuring a luxurious living experience.
Harmonizing with Nature
At Escon Panache, we understand the importance of integrating nature into our living spaces. Our design philosophy emphasizes harmony with the natural surroundings, creating a serene and peaceful environment for our residents.
Green Spaces: Lush gardens, landscaped courtyards, and tree-lined avenues are integral parts of the community. These green spaces not only enhance the aesthetic appeal but also promote a sense of well-being and tranquility.
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Sustainable Design: We are committed to sustainability. Our villas are designed with eco-friendly features such as energy-efficient lighting, rainwater harvesting systems, and solar panels. These sustainable practices reduce the environmental impact and lower utility costs for our residents.
A Community of Luxury
Escon Panache is not just about individual villas; it’s about creating a community where residents can enjoy a luxurious lifestyle together. Our design philosophy extends to the shared amenities and communal spaces that unite people.
Clubhouse and Recreation: The state-of-the-art clubhouse offers a variety of amenities, including a swimming pool, fitness center, and spa. There are also dedicated spaces for social gatherings, ensuring that there are plenty of opportunities for residents to connect and socialize.
Safety and Security: The safety of our residents is paramount. Escon Panache features 24/7 security with CCTV surveillance, gated access, and well-lit pathways, providing peace of mind for all who live here.
A Vision of Modern Living
The design philosophy behind Escon Panache is rooted in a vision of modern living that combines luxury with practicality. Our villas are not just homes; they are masterpieces of architecture that reflect a commitment to quality and excellence.
If you want a home that embodies architectural brilliance and offers an unparalleled lifestyle, look no further than Escon Panache. Visit us today and experience the difference for yourself.
Connect with us to learn more about the project. There is a lot we can discuss over a cup of coffee. We would love to have a conversation with you.
For More Details Visit:- https://esconpanache.com/
Ref:https://esconpanachevilla.blogspot.com/2024/06/architectural-excellence-design.html
Location: Greater Noida, Uttar Pradesh, India
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chem-analyst · 2 days ago
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Dimethylcyclosiloxane Prices, News, Monitor & Demand
North America
During the fourth quarter of 2024, the North American Dimethylcyclosiloxane (DMC) market faced significant downward pressure on prices due to multiple interrelated factors. Weak downstream demand, particularly from the silicone industry, was a primary driver, with sectors such as automotive and construction struggling under the weight of high interest rates and reduced consumer spending. Stable production levels in the domestic market contributed to an oversupply, further straining market dynamics.
Additionally, feedstock costs, especially for dimethyldichlorosilane (DMDC), eased as raw material prices softened, and supply chains improved, reducing overall production expenses. The downward trend accelerated as freight rates stabilized and supply flows remained uninterrupted.
Globally, challenges such as subdued demand for silicone rubber in South Korea and a contracting manufacturing sector in China compounded the situation, with manufacturers facing increased production costs and declining export demand. In India, weak manufacturing activity in key sectors like automotive and construction also hindered global demand. These combined factors underscored a bearish outlook for the DMC market, reflecting broader economic uncertainties.
During the initial months of the fourth quarter of 2024, the Dimethylcyclosiloxane (DMC) market in Asia-Pacific experienced significant price declines, followed by a period of stability in December. The early decline was driven by stable yet subdued downstream demand and easing feedstock costs, particularly for dimethyldichlorosilane (DMDC), as raw material prices softened, and supply chains improved. The silicone market, a key consumer of DMC, maintained consistent demand from sectors like automotive and construction, though these industries were constrained by high interest rates and reduced consumer spending. Oversupply in the domestic market, due to steady production levels, added further pressure on prices. The downward trend was amplified by reduced production costs, smooth supply flow, and stable freight charges. By December, the market showed resilience with balanced supply levels and sufficient inventories, despite subdued performance in the silicone rubber sector and weaker export demand across Asia. Stable domestic consumption and strong demand from the U.S. silicone rubber market provided some support, resulting in a steadying of prices and a cautiously optimistic market outlook.
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industrynewsupdates · 3 days ago
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A Deep Dive into the Antimicrobial Coatings Market: Insights and Analysis
The global antimicrobial coatings market size is anticipated to reach USD 28.40 billion by 2030 and it is projected to grow at a CAGR of 13.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing concern among consumers and various manufacturers about cleaning and prevention against the growing bacteria, mold, and fungi is expected to drive the overall market expansion. The demand is expected to increase majorly in the medical devices and packaging application industry owing to the rise in demand to tackle the COVID-19 situation around the world.
The continuously rising demand for the medical devices and packaging products used for COVID-19 will positively impact the market growth. North America is expected to dominate the global market, in terms of product demand as the region has major healthcare product manufacturers. Silver-based biocides are widely used in medical-grade applications owing to their excellent antimicrobial properties. Recently, a new U.S.-based, othiazolin-based biocide, n-butyl-1, 2-benzisothiazolin-3-one, is also used as an antimicrobial agent to prevent the spread of the germs. Moreover, the rising demand for implantable medical devices and the increasing burden of Cardiovascular Diseases (CVDs) is expected to aid the overall market demand during the next eight years.
There is a growing demand for coatings that offer lower volatile organic compound (VOC) emissions, reduced environmental impact, and improved sustainability profiles. Water-based and powder coatings are gaining popularity due to their eco-friendly nature, in line with the increasing consumer preferences for sustainable and environmentally conscious products.
Gather more insights about the market drivers, restrains and growth of the Antimicrobial Coatings Market
Antimicrobial Coatings Market Report Highlights
• In terms of product, the antimicrobial powder coatings segment is expected to witness the fastest CAGR of 14.2% during the forecast period due to growing awareness of hygiene and infection control across various industries, especially in food processing, healthcare and public spaces
• Based on application, the mold remediation segment is expected to witness the fastest CAGR of 16.2% during the forecast period because these products help inhibit the growth of bacteria and mold on damp surfaces
• North America region is anticipated to witness the fastest CAGR of nearly 14.8% over the forecast period. The market is growing due to factors such as strong economic development coupled with population expansion in the region
• The cost involved in remediating a mold-infested building can be staggering, especially when the building has inferior coatings, which is anticipated to be a primary reason for the high growth rate
• Increasing applications of antimicrobial coatings in healthcare settings and indoor environments, and increasing consumption of the product in emerging economies are expected to act as opportunities for the growth of the market during the forecast period
Antimicrobial Coatings Market Segmentation
Grand View Research has segmented the global antimicrobial coatings marketreport based on the product, application, and region:
Antimicrobial Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• Antimicrobial Powder Coatings
o Silver
o Copper
o Others
• Surface Modifications & Coatings
o Silver
o Copper
o Others
Antimicrobial Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• Sanitary Facilities And Kitchen
• Air Conditioning And Ventilation Systems
• Food Processing And Packaging
• Antimicrobial Textile
• Mold Remediation
• Construction
• Medical Devices
• Others
Antimicrobial Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
• Europe
o Germany
o UK
o France
• Asia Pacific
o China
o India
• Central & South America
• Middle East & Africa
Order a free sample PDF of the Antimicrobial Coatings Market Intelligence Study, published by Grand View Research.
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globalinsightblog · 3 days ago
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Robotic Exoskeletons for Construction: A $6.5B Market by 2034 🤖
Robotic Exoskeletons for Construction Market is set to expand significantly, growing from $1.2 billion in 2024 to $6.5 billion by 2034, reflecting a strong CAGR of 18.9%. Robotic exoskeletons are wearable devices designed to augment human strength and endurance, enhancing worker capabilities and improving productivity. These advanced systems are crucial in reducing physical strain and injury risks, making them a game-changer in construction environments.
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Key Market Drivers
As the construction industry faces rising demands for higher productivity, robotic exoskeletons are becoming a vital solution for improving labor efficiency. Powered exoskeletons, which assist with lifting and carrying heavy loads, are at the forefront of the market. These devices use motors to augment the wearer’s strength, particularly in demanding tasks such as lifting, bending, and repetitive actions. On the other hand, passive exoskeletons, which do not require external power sources, are gaining traction due to their cost-effectiveness and simplicity in operation.
These exoskeletons are revolutionizing the construction sector by enabling workers to safely lift heavy materials, reducing fatigue, and minimizing the risk of musculoskeletal injuries. The integration of advanced robotics and ergonomics ensures that workers maintain precision and efficiency while performing physically demanding tasks.
Regional Growth and Adoption
North America leads the market, driven by high adoption rates and substantial investments in advanced construction technologies. The United States is particularly focused on integrating exoskeletons to enhance worker safety and productivity. Europe follows closely, with countries like Germany and the UK leading innovation and implementation. Meanwhile, the Asia-Pacific region shows tremendous growth potential, thanks to rapid urbanization and construction activity in countries such as China and India.
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homehustler · 3 days ago
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Budget 2025: Key Expectations for the Real Estate Sector
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With the Union Budget 2025 approaching, the real estate industry is eagerly anticipating policy reforms that could drive growth, improve affordability, and attract investment. Following Finance Minister Nirmala Sitharaman’s month-long consultations with industry stakeholders, several key proposals have emerged as top priorities for the sector.
Boosting Housing Affordability & Demand
One of the most significant expectations is an increase in the tax exemption limit on home loan interest under Section 24(b) of the Income Tax Act, from ₹2 lakh to ₹5 lakh. This move could provide substantial financial relief to homebuyers, particularly in the middle-income segment, thereby stimulating demand for residential properties.
Additionally, industry leaders are advocating for the reintroduction of the Credit Linked Subsidy Scheme (CLSS) for first-time homebuyers, which could help advance the ‘Housing for All’ initiative and facilitate homeownership for millions.
Incentives for Developers & Affordable Housing
On the supply side, experts emphasize the need to reinstate the 100% tax exemption under Section 80-IBA for affordable housing projects. This incentive, which expired in 2022, encouraged developers to focus on affordable housing—a critical segment for India's urban and rural housing needs. Its revival could significantly boost investment in this sector.
Developers also seek tax holidays and improved liquidity measures, including incentives to attract both domestic and foreign investments. Industry bodies have called for a revision in the affordable housing price cap to align with rising development costs in metropolitan cities, ensuring projects remain financially viable.
Tax & GST Reforms to Reduce Costs
Amendments to GST regulations could also ease financial burdens. Industry experts recommend:
Allowing input tax credit on under-construction properties to lower costs for developers and buyers.
Reducing GST on cement from 28% to 18% to bring down construction expenses.
Incentivizing green buildings to promote sustainable, technology-driven growth.
Enhancing Real Estate Investments & REITs
The sector is also looking forward to tax incentives for Real Estate Investment Trusts (REITs), which could attract institutional investments and provide relief to homebuyers. Adjustments to the REIT framework, combined with tax breaks on long-term capital gains, could drive increased participation in India’s real estate market.
Additionally, fostering private investments through Alternative Investment Funds (AIFs) and offering tax incentives to institutional investors could enhance liquidity and facilitate ambitious infrastructure projects.
Monetary Policy & Interest Rate Cuts
The industry expects the Reserve Bank of India (RBI) to reduce the repo rate by at least 50 basis points in 2025, a move that could lower home loan interest rates, making housing more affordable. With housing prices surging by 21% in 2024, developers believe a repo rate cut would improve affordability, boost demand, and support sustainable growth.
Infrastructure & Urban Development Push
Infrastructure development remains a crucial focus, with calls for increased budgetary allocations for urban renewal projects and improved connectivity. A significant rise in capital expenditure last year accelerated infrastructure growth, particularly in Tier 2 and Tier 3 cities. A similar push this year, with an allocation of at least ₹10 lakh crore, could further enhance connectivity and unlock new growth corridors.
Conclusion
A well-balanced regulatory and monetary approach in the Budget 2025 could empower the real estate sector to drive urban transformation, create jobs, and contribute to the government's vision of ‘Housing for All’. By addressing key hurdles such as high borrowing costs, taxation burdens, and liquidity constraints, the sector can play a pivotal role in India's economic growth.
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Service Robotics Companies - Intuitive Surgical Operations, Inc. (US) and DJI (China) are the Key Players
The service robotics market is projected to grow from USD 47.10 billion in 2024 to reach USD 98.65 billion by 2029; it is expected to grow at a CAGR of 15.9% from 2024 to 2029.
The primary factor driving the growth of the service robotics market is mounting adoption of robots to achieve high returns on investment. Robots are being used more and more for a variety of tasks, with benefits including improved workplace safety, simpler procedures, and higher production. The use of service robots has several advantages, including a high return on investment and a decrease in operating costs (Rol). Recently, service robots have been deployed for delivery applications in e-commerce by companies such as Starship Technologies (US), Amazon Robotics (US), and Ford Smart Mobility (US).
Major Service Robotics companies include:
Intuitive Surgical Operations, Inc. (US)
DJI (China)
Daifuku Co., Ltd. (Japan)
JD.com, Inc. (China)
iRobot Corporation (US)
The major players in service robotics market are iRobot Corporation (US), Softbank Robotics Group (Japan), Intuitive Surgical Operations, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), JD.com, Inc. (China), DeLaval (Sweden), Daifuku Co., Ltd. (Japan), DJI (China), KONGSBERG (Norway), Northrop Grumman (US), Neato Robotics, Inc. (US), KUKA AG (Germany), LG Electronics (South Korea), Lely (Netherlands), 3DR, Inc. (US), Stryker (US), and Harvest CROO Robotics LLC (US), among others. The major players in the service robotics market have predominantly used acquisition and partnership tactics to strengthen their market position.
Intuitive Surgical Operations, Inc.
Intuitive Surgical Operations, Inc. develops medical robots used in surgical procedures to make surgeries minimally invasive. The business segments include Instruments and Accessories, Systems, and Services. The Systems segment offers surgical robots, such as Da Vinci surgical systems and related instruments and accessories. The product portfolio includes Ion, a robot-assisted endoluminal platform for minimally invasive peripheral lung biopsy.
A few of the prominent subsidiaries of Intuitive Surgical Operations, Inc. are Intuitive Surgical BV (Netherlands), Intuitive Surgical GK (Japan), Intuitive Surgical Ltd. (UK), and Intuitive Surgical Pte. Ltd. (Singapore). The company has a presence in the Americas, Europe, and Asia Pacific. It offers products through direct sales organizations in the US, Europe (excluding Spain, Portugal, Italy, Greece, and most Eastern European countries), Japan, South Korea, India, and Taiwan. In the remainder of the markets, it provides its products through distributors.
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DJI
DJI primarily manufactures commercial unmanned aerial vehicles (UAVs)/drones. The company’s drones are widely used by professionals in filmmaking, agriculture, search & rescue, and energy infrastructure, among other applications. It also manufactures drone accessories, including aerial gimbals, HD video downlinks, and tuned propulsion systems.
DJI offers specialized drones, hardware (GNSS mobile stations, spreading systems, and cameras), and software for use in agriculture, filmmaking, aerial imaging, construction, and research applications. The company offers Mavic, a drone used for aerial photography and mapping. The applications of drones in agriculture include crop spraying, agricultural photography, and the surveillance of farmlands. Moreover, the company manufactures the educational robot, RoboMaster, which is used to understand science, mathematics, physics, and programming through captivating gameplay modes and intelligent features.
DJI has US, Germany, the Netherlands, Japan, China, and Hong Kong offices. A few official distributors of the company’s commercial drones in the US are Drone Nerds, Aerial Influence, AgrowDrone, Empire Drone Company, and Scorpion Drones.
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the-latest-research · 5 days ago
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Industrial Wastewater Treatment Market to be Worth $206.81 Billion by 2031
Meticulous Research®—a leading global market research company, published a research report titled, ‘Industrial Wastewater Treatment Market by Offering (Treatment Technologies, Treatment Chemicals, Process Control & Automation, Design, Engineering, and Construction Services, Operation & Maintenance services), End User, and Geography - Global Forecast to 2031.’
According to this latest publication from Meticulous Research®, the global industrial wastewater treatment market is projected to reach $206.81 billion by 2031, at a CAGR of 6.1% from 2024–2031. The growth of the global industrial wastewater treatment market is driven by factors such as the lack of freshwater resources, government encouragement and the growing emphasis on corporate social responsibility, and the need for critical resource recovery from wastewater. However, the high installation, maintenance, and operating costs of wastewater treatment infrastructure restrain the growth of this market.  
Furthermore, the growing demand for energy-efficient and advanced wastewater treatment technologies and the generation of green hydrogen from industrial wastewater are expected to provide growth opportunities for the players operating in this market. However, high energy consumption and expenses due to excess sludge production pose significant challenges to the market’s growth.
Meticulous Research® has segmented this market based on offering, end user, and geography for efficient analysis. The study also evaluates industry competitors and analyzes the market at country levels.
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Based on offering, the global industrial wastewater treatment market is segmented into operation & maintenance services, process control & automation, design, engineering, and construction services, treatment technologies, and treatment chemicals. In 2024, the operation & maintenance services segment is expected to account for the largest share of the global industrial wastewater treatment market. The large market share of this segment is attributed to the increasing need for meeting government-mandated quality standards for managing wastewater and companies’ rising focus on cost-effectiveness, efficiency, and reducing workforce requirements for monitoring and managing industrial wastewater.
Based on end user, the global industrial wastewater treatment market is segmented into power generation, semiconductor manufacturing, data centers, green hydrogen generation, chemical manufacturing, refining & petrochemicals, oil & gas, pulp & paper, food & beverage, pharmaceutical manufacturing, industrial manufacturing, and other end users. In 2024, the food & beverage segment is expected to account for the largest share of the global industrial wastewater treatment market. The large share of this segment is attributed to factors such as increasing volumes of sewage & wastewater generated during food production, the substantial utilization of water for food processing and cleaning in the food & beverage industry, and the growing need for wastewater reuse in the F&B industry to improve water efficiency and ensure reliable, and clean water sources for operations.
Based on geography, the industrial wastewater treatment market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to command the largest share of global industrial wastewater treatment. Asia-Pacific’s major market share is attributed to the rising demand for sustainable and advanced solutions due to significant water stress and environmental pollution. The key food & beverage sectors creating the highest investment opportunities in the region include dairy and beverages, especially in China and India.
Key Players:
The key players operating in the global industrial wastewater treatment market are Xylem Inc. (U.S.), SUEZ S.A. (France), Pentair plc (U.K.), Dow Inc. (U.S.), Veolia Environnement S.A. (France), BASF SE (Germany), PPU Umwelttechnik GmbH (Germany), DuPont de Nemours, Inc. (U.S.), Bio-Microbics (U.S.), Thermax Limited (India), Ecolab Inc. (U.S.), Kurita Water Industries, Ltd. (Japan), Kemira Oyj (Finland), GFL Environmental (Canada), 3M Company (U.S.), Kingspan Group plc (U.K.), Calgon Carbon Corporation (U.S.), Trojan Technologies (Canada), Clean TeQ Water Limited (Australia), SWA Water Australia Pty Limited (Australia), Adroit Associates Private Limited (India), Sauber Environmental Solutions (India), SEPC Limited (India), Golder Associates Inc. (Canada), Burns & McDonnell (U.S.), and WOG Technologies (India).
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Key Questions Answered in the Report:
Which are the high-growth market segments in terms of offering, end user, and geography?
What is the historical market size of the global industrial wastewater treatment market?
What are the market forecasts and estimates for the period 2024–2031?
What are the major drivers, opportunities, and challenges in the global industrial wastewater treatment market?
Who are the major market players, and what shares do they hold in the global industrial wastewater treatment market?
What is the competitive landscape like?
What are the recent key developments in the global industrial wastewater treatment market?
What are the strategies adopted by major players in this market?
What are the key geographic trends and high-growth countries?
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marketsndata · 6 days ago
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India Ready Mix Concrete Market Size, Share, Growth and Forecast 2032
India ready mix concrete market is projected to witness a CAGR of 9.56% during the forecast period FY2025-FY2032, growing from USD 80.45 billion in FY2024 to USD 167.01 billion in FY2032. The market is witnessing growth due to an increase in construction in commercial, residential, and industrial sectors, along with heavy investments by the government and foreign institutions in infrastructure development. Rapid urbanization, the increasing population of India, greater emphasis on developing sustainable green projects by the government, and rising requirements to upgrade existing infrastructure are projected to fuel India ready mix concrete market demand. Ready mix concrete, produced in controlled environments that guarantee strength and durability is increasingly being used with an emphasis on quality control in construction for specialty projects, including the building of dams and nuclear power plants. Technological improvements have a positive impact due to better delivery and application processes for ready mix concrete to make sure that concrete has reached the site on time.  The surging demand is attributed to investments from the government and credit support from international banks for the construction of the projects.
For instance, in February 2023, the Japan International Cooperation Agency (JICA) approved the official development assistance (ODA) credit of USD 227 million for the Mumbai Trans Harbour Link Project (III) in Maharashtra during February 2023. The project consists of an 18 km maritime road and a 4 km road to link downtown Mumbai with Navi Mumbai across Mumbai Bay. This project is heavily making use of the ready mix concrete for construction.
Growing Demand for Ready Mix Concrete from Residential Real Estate to Drive Market Growth
The demand for ready mix concrete in India is increasing due to urbanization, which is driving the growth in residential estate sales. The World Bank estimated that 40% of the population will live in urban areas by 2036, which was 31% in 2011, increasing by 48% from the previous year.  The sales in mid-income, premium, and luxury segments have contributed significantly to this growth. As housing becomes a need in urban areas to accommodate the population, ready mix concrete appears as an attractive choice for building residential and commercial spaces. Homeowners, developers, and builders have started opting for ready mix concrete due to its strength and durability, which aligns with the demand to construct buildings with better concrete material in the real estate sector. To meet this demand, institutions invested USD 492 million in the residential real estate segment in 2022.
For instance, in September 2023, International Finance Corporation (IFC) and Sunteck Realty Limited established a joint platform with a total investment of up to USD 90 million to promote the development of nearly 12,000 high-quality housing units across four to six green housing projects in the Mumbai Metropolitan Region (MMR) of Maharashtra. The IFC proposes investing up to USD 40 million, with Sunteck Realty providing the rest.
Government Investments to Foster Ready Mix Concrete Market Growth
The Government of India continues to invest heavily in infrastructure to meet the demand for urban infrastructure and cost-effective electricity in the country. Based on estimates by the World Bank, the Government of India is required to invest USD 840 billion in urban infrastructure by 2036, an average of USD 55 billion or 1.2% of GDP per year for upgrade work in the budget. For instance, under the Union budget 2024, the government has provided a capital expenditure of USD 132.05 billion, which works out to 3.4 percent of GDP in March 2024. The demand for clean energy and electricity is growing due to the increasing population and increased focus on sustainability and industrialization. Due to growing demands, the Government of India is concentrated on constructing nuclear power reactors, which necessitates quality materials such as ready mix concrete for its construction. Such government initiatives have accelerated the demand for ready mix concrete used in the construction of these nuclear reactors and roads and highways. The government has now started the sanction process of the project regarding the construction of nuclear power plants throughout the country.
For instance, in March 2022, the government sanctioned the pre-project activities in respect of ten reactors. These are scheduled for progressive completion by FY2031-FY2032. The government had provided in-principle approval to set up a 6 x 1208 MW nuclear power plant in cooperation with the United States at Kovvada in Srikakulam district in Andhra Pradesh. During the last 5 years, total capital expenditure on nuclear power projects was about USD 7.91 billion, out of which USD 779.36 million was from Domestic Budgetary Support (DBS).
Rapid Development of Nation’s Infrastructure Segment to Boost Market Demand
The Government of India is investing in public infrastructure to support the growth of the construction industry. For instance, the Minister of Civil Aviation and Steel has inaugurated 15 airports worth USD 12.1 billion, which are planned to be completed by 2028. Investments have been increased in the infrastructure sector, with USD 11.6 billion raised in 2023, marking a 29 percent rise from the previous year, with USD 9 billion raised. The rising investment and increasing focus on sustainability in the industry have increased the demand for ready mix concrete. The Indian government and companies are investing heavily in new smart city developments, particularly in emerging cities. This upgrades the urban infrastructure and supports the expansion of the construction sector and concrete market.
For instance, the Union Cabinet, in August 2024, sanctioned 12 new industrial smart cities under the National Industrial Corridor Development Programme. Ready mix concrete is highly used for mega infrastructure construction works such as dams due to the strength and durability of ready mix concrete. In the construction work of dams, huge volumes of quality concrete are required, leading to a greater demand for ready mix concrete. As a response to this, the government of India is focusing on building and hydropower projects across the country, involving construction and reviewing the detailed project report (DPR) of hydropower projects.
For instance, in April 2023, DMR Hydroengineering & Infrastructures Limited received a work order for providing Engineering Consultancy Services for the review of DPR work for the Oju Hydroelectric Project located in Upper Subansiri, a district of Arunachal Pradesh.
West and Central India to Dominate India Ready Mix Concrete Market Share
West and central India is facing more demand than any other region due to government investment in large-scale projects for infrastructure development and rapid urbanization. Construction of large-scale infrastructure projects has increased the demand for high-quality construction materials such as ready mix concrete. This demand for ready mix concrete is fueled by favorable government policies for the construction of infrastructure projects and strong cooperation from the public. Thus, western and central India has emerged as the prime location for the construction of mega-projects due to several key advantages. The region has a readily available skilled labor force, quick clearance support from the forest department, and strong support from state governments. Additionally, effective collaboration among the public has streamlined the land acquisition process, allowing contractors to complete projects on time. This favorable environment encourages investments in infrastructure projects across west and central India. Moreover, as urban centers continue to grow and develop, the real estate market in the region is expected to experience sustainable growth, which fosters the ready mix concrete market in west and central India. The Central and State Governments are inviting bids for the projects to facilitate the economic growth of western India.
For instance, in October 2024, the Mumbai Metropolitan Region Development Authority (MMRDA) invited bids for the T1 Track Contract for the corridor of the Mumbai-Ahmedabad Bullet Train. The project consumed a huge cement quantity of about 20,000 cubic meters per day, equivalent to eight to ten story buildings, thereby increasing the demand for ready mix concrete in construction.
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Future Market Scenario (FY2024 – FY2032F)
·         The ready mix concrete market is expected to grow rapidly due to India’s rising demand for infrastructure and commercial spaces.
·         Factors such as rapid urbanization and technological advancements will further drive the expansion of the Indian concrete market in the forecasted period.
·         Innovations in ready mix concrete will play a significant role in achieving sustainability and resilient infrastructure by making buildings more sustainable and adaptable to changing environmental conditions.
Report Scope
“India Ready Mix Concrete Market Assessment, Opportunities, and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of India ready mix concrete market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2024 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
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boom3010 · 7 days ago
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Anti-Fogging Glass Coatings: Market Set to Double by 2034
Anti-Fogging Glass Coatings Market is expected to expand from $3.9 billion in 2024 to $7.8 billion by 2034, with a CAGR of approximately 7.2%. This market encompasses the industry dedicated to developing and supplying coatings that prevent condensation on glass surfaces, ensuring clarity and visibility. It includes chemical formulations, application services, and technological advancements aimed at enhancing the performance and durability of anti-fog solutions. Serving sectors such as automotive, construction, and eyewear, the market is driven by the demand for safety, comfort, and improved user experience, while also emphasizing sustainability and innovation in product development.
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The Anti-Fogging Glass Coatings Market is witnessing robust growth, driven by the increasing demand for enhanced visibility in automotive and architectural applications. Within this market, the automotive segment, particularly in passenger vehicles, stands out as the top-performing sub-segment due to the rising consumer preference for safety and comfort. The architectural segment follows closely, with significant advancements in residential and commercial building designs demanding improved glass clarity and maintenance. Regionally, North America leads the market, propelled by technological innovations and a strong automotive industry presence. Europe emerges as the second-highest performing region, benefiting from stringent regulations on safety standards and environmental considerations. The Asia-Pacific region is also gaining momentum, fueled by rapid urbanization and an expanding middle class seeking premium automotive and residential solutions. These trends underscore the lucrative opportunities available for stakeholders aiming to capitalize on the evolving market dynamics of anti-fogging glass coatings.
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In 2023, the Anti-Fogging Glass Coatings Market volume was estimated at 300 million square meters, with projections to reach 500 million square meters by 2033. The automotive segment holds the largest market share at 45%, followed by the construction sector at 30%, and consumer electronics at 25%. The automotive segment’s dominance is driven by the increasing demand for safety features and enhanced visibility. Major players such as 3M, Nippon Sheet Glass Co., Ltd., and Hydromer, Inc. significantly influence market dynamics with their innovative product offerings and strategic partnerships.
Competitive pressures are shaped by these key players’ focus on technological advancements and expanding their global footprint. Regulatory influences, including stringent safety standards and environmental regulations, are pivotal in shaping market trends. The market is poised for growth, driven by increased R&D investment and the adoption of nanotechnology. A projected 10% annual growth rate is anticipated, fueled by the rising demand for anti-fogging solutions in emerging markets. However, challenges such as high production costs and the need for continuous innovation remain critical factors for market participants.
The Asia Pacific region dominates the anti-fogging glass coatings market. This is driven by rapid industrialization and urbanization in countries like China and India. The automotive and construction sectors in these nations are expanding, boosting demand for anti-fogging solutions. Additionally, the growing consumer electronics industry further propels market growth in this region.
North America ranks as the second-largest market for anti-fogging glass coatings. The presence of major automotive manufacturers and technological advancements in the United States drive this growth. The region’s emphasis on enhancing product performance and safety standards also contributes to market expansion.
In Europe, the market for anti-fogging glass coatings is significant. Countries such as Germany and France focus on automotive innovation and stringent safety regulations. These factors enhance the adoption of anti-fogging technologies. Moreover, the region’s commitment to environmental sustainability supports the development of eco-friendly coatings.
The Middle East and Africa present emerging opportunities in the anti-fogging glass coatings market. Increasing infrastructure projects and the expansion of the automotive sector in the United Arab Emirates and South Africa fuel market growth. The region’s harsh climate conditions necessitate advanced fog-resistant solutions, further driving demand.
Latin America shows steady growth potential in the anti-fogging glass coatings market. Brazil and Mexico lead due to their burgeoning automotive and construction industries. The increasing focus on enhancing vehicle safety and comfort levels augments the market’s expansion in this region.
#AntiFog #GlassCoatings #SafetyFirst #AutomotiveTech #BuildingInnovation #ClearVision #EcoFriendlyCoatings #IndustrialSolutions #SmartGlass #TechnologyAdvancements #MarketTrends #ConsumerDemand #UrbanDevelopment #Nanotechnology #SmartSolutions
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