Cast-in-place concrete flooring is setting the trend in most of the building basement walls. Given that they have strong walls with disaster resistance, North America is being perceived as a happy hunting ground for stakeholders eyeing to expand their portfolios.
One of the major selling points for cast-in-place flooring has been reduced energy attribute to heat and cool the building. Some of the factors such as thermal mass, insulation, and low air infiltration play invaluable role in energy saving.
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Stakeholders are buoyed by the fact that the CIP systems provide more consistent interior temperature for occupants and are apt for use in recycled materials. Countries such as the U.S., Canada and Mexico have been using concrete to reduce the virgin aggregate.
In the latest research report compiled by Global Market Insights, Inc., North America cost-in-place concrete flooring market size is likely to surpass US$ 3.1 billion by 2026.
Some of the factors such as versatility, insulation, building for a slew of faster construction time and different sorts of buildings have augured well for the industry size expansion in the U.S.
Construction industry poised to underpin CIP concrete flooring landscape
Even though upsides offset downsides, it is worth noting that global fallout of COVID-19 is being witnessed in the cost-in-place concrete flooring industry. Even though a marked dip is being witnessed in the construction industry, countries such as the U.S. are likely to boost investment in the landscape.
These countries are expected to augment investment in foundations and concrete slabs, as well as in walls, beams and columns. As cast-in-place concrete flooring provides tremendous adaptability and flexibility, the industry outlook will gradually regain momentum in the next few years.
With the relentless efforts to curb the total time for construction and augmenting the strength of basement walls and home foundations, U.S. builders are using steel reinforcement bars.
As cast-in-place concrete flooring insulates from sound, thereby making home quieter and derailing mold, mildew, and insects from penetrating CIP concrete, the flooring system has solidified its position in North America.
E-commerce sector thrives, stakeholders get major boost
With COVID-19 pandemic forcing consumers to shift their shopping habits online, e-commerce growth has become palpable, thereby underscoring North America cast-in-place concrete flooring industry outlook.
Marketers reallocating spending towards e-commerce that facilitates path towards purchasing cost-in-place concrete flooring will bolster the industry size.
Cast-in-place concrete flooring continues to be the work-horse in a slew of industries, including food and beverage. While there is a slew of floorings available in the industry, CIP concrete flooring will be highly sought-after in food and beverage sector.
Fueled by the trend, the U.S. logistics sector will expand moderately as 3PL and warehousing are gradually picking pace.
Soaring competition in the North America ecosystem has meant that several forward-looking companies are expanding their portfolios. For instance, in September 2018, Skanska started the construction of engineering building at North Carolina State University. The first floor level is said to have been constructed into the slope of the site with a below-grade cast-in-place retaining walls and the second floor level is allegedly cast-in-place elevated concrete slab construction.
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In January 2020, 80 Atlantic was constructed in Canada by stakeholders, including Quadrangle for Hullmark Developments; and BentallGreenOak on behalf of Sun Life Assurance Company of Canada. Apparently, the underground parking garage and the first floor were built using cast-in-place concrete.
While industry fallout emanating from COVID-19 outbreak may be pronounced in 2020, new product developments, growth in e-commerce sector, construction industry and logistics landscape may uphold the industry growth in North America in the next five years.
Table of Contents of the Report (TOC):
Chapter 1 Methodology And Scope
1.1 Market definitions
1.2 Base estimation & working
1.2.1 North America
1.2.3 Asia Pacific (APAC)
1.2.4 Latin America (LATAM)
1.2.5 Middle East & Africa (MEA)
1.3 Forecast calculations
1.3.1 COVID-19 impact calculations on industry forecast
1.4 Data Sources
Chapter 2 Executive Summary
2.1 North America cast in place concrete flooring industry 3600 synopsis, 2017 - 2027
2.1.1 Business trends
2.1.2 Sector trends
2.1.3 Technique trends
2.1.4 Country trends
Chapter 3 North America Cast-In-Place Concrete Flooring Market Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2017– 2027
3.3 Industry ecosystem analysis
3.3.1 Profit margin trends
3.3.2 Distribution channel analysis
3.3.3 Vendor matrix
18.104.22.168 List of key raw material suppliers
22.214.171.124 List of key manufacturers/distributors
126.96.36.199 List of key/potential customers
3.4 Pricing analysis (COVID-19 Impact)
3.4.1 Pricing analysis
3.4.2 Cost structure analysis
188.8.131.52 R&D Cost
184.108.40.206 Manufacturing and Equipment cost
220.127.116.11 Raw Material Cost
18.104.22.168 Distribution Cost
22.214.171.124 Operating Cost
126.96.36.199 Miscellaneous Cost
3.5 Technology Landscape
3.6 Regulatory trends
3.7 Industry impact forces
3.7.1 Growth drivers
188.8.131.52 High demand of warehouses and distribution center space
184.108.40.206 Growing retail & FMCG industry in North America
220.127.116.11 Revival of the U.S. and Canadian construction industries
18.104.22.168 Rapidly growing textile industry
22.214.171.124 High growth in food & beverage industry in the region
3.7.2 Industry pitfalls and challenges
126.96.36.199 Operational difficulties with Cast-In-Place concrete construction
188.8.131.52 Economic downturn in the U.S. and Canada
3.7.1 Innovation & sustainability
184.108.40.206 Patent analysis
3.8 Growth potential analysis,2020
3.9 Porter’s analysis
3.10 Competitive landscape, 2020
3.10.1 Top player analysis, 2020
3.10.2 Key stakeholders
3.10.3 Strategy dashboard
3.11 Pestle Analysis
3.12 Impact of COVID-19
3.12.1 Logistics & warehousing industry
3.12.2 Automotive Industry
3.12.3 Aviation Industry
3.12.4 Pharmaceutical Industry
3.12.5 E-commerce/retail sector
3.12.7 Textile industry
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