The outlook for equipment rental revenue, comprised of the construction/industrial and general tool segments, has improved over the last quarter. The updated second quarter forecast released by the American Rental Association (ARA) now calls for equipment rental revenue to exceed $47.8 billion in 2021. This is nearly a 3.5 percent […]
Tag: Forecasts
Hydrophobic Coatings Market Forecast
An ESOMAR-certified market research and consulting firm’s recent projections on the global hydrophobic coatings market reveal a positive, albeit modest outlook, with an anticipated CAGR of above 5% across the 2021-2031 forecast period. Increased demand for waterproof automobile coatings as well as technological advancements that allow nanoparticles to be incorporated […]
Concrete Foundations Association Updates Market on Shortage of Form Ties
The Concrete Foundations Association (CFA) is the leading organization serving as the voice of cast-in-place contractors. Recently, the group provided an update related to the continued industry-wide effort to mitigate the current shortage of steel form ties across the North American markets. According to James Baty, Executive Director of the […]
PCA Releases Spring 2021 US Regional Cement Consumption Forecasts
The Portland Cement Association (PCA) Market Intelligence Group released their Spring 2021 Regional Forecasts for the Northeast, Central, West, and Southeast United States. These forecasts cover cement consumption and real put-in-place construction spending. West As the economy continues to recover from the impacts of the coronavirus, the Pacific and Mountain […]
Epoxy Industrial Floor Coatings Remain Highly Preferred
Award-winning and ESOMAR-certified market research and consulting firm recently published a report on the global market for industrial floor coatings. As per the study, the study anticipates that the market will register a CAGR of around 3%. Additionally, it will reach almost US$ 7 billion by 2031. Extensive application of […]
Booming Construction Industry Steers Bulk of RDP Powder Market Growth
Award-winning and ESOMAR-certified market research and consulting firm has recently published a new report. The report is on the global RDP powder market for the forecast period 2021-2031. According to the study, the market is poised to surpass US$ 3 billion valuation by 2031. It is expanding at a healthy […]
ARA Forecast Shows Equipment Rental Segment Moving from Relief to Recovery
Equipment rental revenue, comprised of the construction/industrial and general tool segments, is expected to explode past its peak totals in 2022 according to the latest ARA forecast released by the American Rental Association (ARA). The updated forecast calls for equipment rental revenue to reach just under $47.7 billion in 2021, […]
PCA Releases Spring 2021 Cement Consumption Forecast
Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan recently presented their annual Spring 2021 cement consumption forecast, predicting an increase in cement consumption for 2021 and 2022. “Remarkably, U.S. cement consumption recorded 2% growth during 2020. It is remarkable because COVID-19 exerted a […]
New 2021 ARA Forecast Reflects a More Positive Outlook for Rental Industry
For the first time since the coronavirus (COVID-19) pandemic adversely impacted the equipment and event rental industry last year, the latest 2021 ARA forecast calls for more positive growth in 2021 for the rental industry. The previous forecast, released on Nov. 12, projected a modest uptick of 0.3 percent in […]
PCA Releases Winter 2021 U.S. Regional Cement Consumption Forecast
The Portland Cement Association (PCA) Market Intelligence Group released their cement consumption forecast for winter 2021. Additionally, they included their real put-in-place construction spending forecasts for the Northeast, Central, West, and Southeast United States. Northeast The Northeast has been hit hard by COVID-19, leading to cement consumption declining by a […]