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The global spraying & plastering machine market size was more than USD 1,510.6 million in 2020. The global spraying & plastering machine market is forecast to grow at a compound annual growth rate (CAGR) of more than 5% during the forecast period from 2021 to 2030.
Spraying & Plastering Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Quadintel, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Spraying & Plastering Market , and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Plastering machines use mortar to apply mortar to enhance the appearance of walls while spraying machines apply concrete mixtures for walls. Furthermore, there are plastering machines specifically made for the interiors of a building. Construction machines such as this are useful for both residential and non-residential projects. They can operate with both dry and wet concrete.
The growth of the spraying and plastering machine industry in developing countries is mainly due to government expenditures on infrastructure development. Concrete spraying and plastering machines are necessary for construction, mining, and tunneling industries because concrete spraying machines spray concrete directly onto walls.
One of the major factors driving the construction market is the development of manufacturing technology. There is an increase in demand for fast-paced manufacturing with accurate machines.
Construction equipment such as spraying and plastering machines are expensive compared to labor costs, which restrains the market growth.
Climate change has led to the adoption of alternative building materials in the construction industry, which has impacted the demand for spraying & plastering machines in the market.
The use of spraying and plastering machines saves a lot of construction time. In addition, spraying & plastering activities can be done using automated machines, which further saves labor. It opens new opportunities for the spraying and plastering machine market.
A significant impact of the COVID-19 pandemic occurred in the construction, manufacturing, and hotel industries. Manufacturers ceased production. The construction and transportation industries, along with their supply chains, suffered on a global scale. Consequently, spraying and plastering machines ceased production, and their demand dwindled, crippling the market’s growth. On the other hand, industries are slowly returning to their regular routines. The spraying & plastering machine market is likely to recover by the end of 2021 as this will lead to companies re-starting at full-scale capacity.
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Europe held the dominant share in 2020. The market is forecast to grow at a higher CAGR during the forecast period. The region is rapidly developing due to a growing demand for fast-paced manufacturing with accuracy and paced machinery.
The leading prominent companies in the global spraying & plastering machine market are:
Titan Ltd IMER International SpA Kappa Building Machines Pvt. Ltd Sany Group (Putzmeister) Schwing Stetter Group Sika AG ACME Equipment Pte Ltd FILAMOS, s. r. o. Normet Zhengzhou Sincola Machinery Co., Ltd. Other Prominent Players Scope of the Report
The global spraying & plastering machine market segmentation focuses on Equipment Type, End-user, Sales Type, Construction Type, Application, and Region.
Segmentation based on Equipment Type
Spraying Plastering Segmentation based on End-User
Handling Residential Sector Non-residential Sector Segmentation based on Sales Type
New equipment Sales Aftermarket Sales Segmentation based on Construction Type
New Construction Renovation & Repairs Segmentation based on Application
Wet Mix Dry Mix Segmentation based on Region
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North America The U.S. Canada Mexico Europe Western Europe The UK Germany France Italy Spain Rest of Western Europe Eastern Europe Poland Russia Rest of Eastern Europe Asia Pacific China India Japan Australia & New Zealand ASEAN Rest of Asia Pacific Middle East & Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Brazil Argentina Rest of South America
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What aspects regarding the regional analysis Market are included in this report?
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