Construction Industry – IFAWPCA http://ifawpca.org/ Wed, 10 Aug 2022 17:20:38 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://ifawpca.org/wp-content/uploads/2021/06/icon-1-150x150.png Construction Industry – IFAWPCA http://ifawpca.org/ 32 32 I recreated my father’s real business in Construction Simulator 2022 https://ifawpca.org/i-recreated-my-fathers-real-business-in-construction-simulator-2022/ Wed, 10 Aug 2022 16:18:45 +0000 https://ifawpca.org/i-recreated-my-fathers-real-business-in-construction-simulator-2022/ Before writing about video games from the comfort of a computer screen, I worked for my dad at his real-life construction company, so playing the upcoming Construction Simulator 2022 was a surreal experience. Just when I thought I’d left the yellow hard hat and hard physical labor in the rearview mirror of the tractor, it […]]]>

Before writing about video games from the comfort of a computer screen, I worked for my dad at his real-life construction company, so playing the upcoming Construction Simulator 2022 was a surreal experience. Just when I thought I’d left the yellow hard hat and hard physical labor in the rearview mirror of the tractor, it all came back to me in this beautifully detailed and incredibly fun simulation game that made me giddy with nostalgia before I left. done with the tutorial. It’s not too often that one gets to walk the path not taken, but strapping on that tool belt as I drove intricately detailed roller machines and excavators, completed repair work and pushed around the dirt was like looking through a window into what might have been, and that’s about the highest compliment I can give a game that prides itself on realistic representation of commerce.

Given my personal connection to the construction industry, I decided to put Construction Simulator 2022 to the test by seeing how accurately I could recreate my father’s real-life business. After creating an avatar that looked shockingly like my current dad, naming my business after the family business, and choosing one of Construction Simulator’s two open-world locations, I was ready to start honing my skills. as a builder. I started with simple jobs at first, like replacing a broken pipe and compacting gravel in a parking lot. You might not expect these simple tasks to be particularly fun, but you’d be wrong – like many good simulation games, it’s oddly satisfying to see the fruits of your virtual labor.

But when I was introduced to more complicated jobs involving incredibly heavy and intricate pieces of machinery, things went from zen and satisfying to downright joyful. In one job, I removed letters from an old hotel building using a massive crane that looked like it operated a giant arcade claw machine, and slapped them on a nearby motel. using a flatbed truck. As I completed jobs, the digital doppelganger of my dad’s business earned money that could be used to acquire new equipment, raw materials, and to travel quickly from place to place. another in cases where I felt like skipping the commute time to get to the good stuff (which was a really good idea).

Construction Simulator 2022 strips away much of the fat found in other sims and keeps the action constantly moving.


The biggest thing that stood out to me as I completed job after job was how quickly I was able to get into the action compared to other simulation games I’ve spent with time. Usually there’s a lot of prep work involved and a bit of monotony in running the business or setting up your ducks before you can get to the good stuff, but Construction Simulator 2022 cuts a lot of the grease. found in other sims and constantly kept the action moving in a way that made me feel like I never made my way through monotonous tasks – I really enjoyed that!

Interestingly, both Construction Simulator 2022 campaigns seem to have stories attached to them. After some quick introductory work, I learned that the town I was in had fallen on hard times and it was up to me to rebuild it and breathe new life into the area. In addition to completing work to restore the city’s infrastructure, I’ve also occasionally been asked to accomplish this by performing… unconventional tasks, such as staging a fake alien spacecraft crash site for attract the attention of potential tourists. I don’t know how much they’ll actually commit to this narrative, but I found myself laughing at the thought of diving deeper to see where it was going. If nothing else, it’s something I absolutely didn’t expect the devs to include.

Construction Simulator 2022 also features online multiplayer, which lets you and a friend work together to complete jobs, harvest moolah, and advance your town’s progress faster. So far, working in tandem with another player has been fantastic and chaotic at times, and it’s been hard to get back to playing solo now that I’ve tried. It’s just more fun to tackle projects together or divide and conquer to multitask and earn even more money and resources. Just make sure to trust your co-workers because they might accidentally drive your tractor into a building or throw valuable equipment into a ditch in the event of an accident.

It’s been a while since I thought about building, but Construction Simulator 2022 made me smile and gave my dad a chance to finally relate to something I did for work. And who knows: maybe I can convince him to pick up a gamepad and also try his hand at digital construction.

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These North Texas counties aren’t the cheapest for new-build value, report finds https://ifawpca.org/these-north-texas-counties-arent-the-cheapest-for-new-build-value-report-finds/ Sun, 07 Aug 2022 09:26:25 +0000 https://ifawpca.org/these-north-texas-counties-arent-the-cheapest-for-new-build-value-report-finds/ Construction Coverage ranks Collin and Denton counties first in Texas for average new construction value. Collin and Denton counties are the best in Texas, and maybe not in such a good way. Ever-developing counties are the most expensive in Texas by average new construction value, according to a Construction Coverage report. The researchers analyzed numbers […]]]>
Construction Coverage ranks Collin and Denton counties first in Texas for average new construction value.

Collin and Denton counties are the best in Texas, and maybe not in such a good way.

Ever-developing counties are the most expensive in Texas by average new construction value, according to a Construction Coverage report.

The researchers analyzed numbers from the US Census Bureau’s Building Permit Survey (2021), the most recent data available. The average permit value per authorized unit was determined and ranked by county among large, medium, small, all counties, and nationally.

Among the nation’s 87 large counties (population 750,000 or more), Collin County’s average new construction value was $251,424 per house or apartment, ranking the most expensive county in Texas. Denton County was close behind and 26th nationally with a value of $249,413.

Among the top 26, Collin and Denton had the most units allowed with 17,140 and 11,575.
Single-family homes accounted for 78.7% of new residential construction permitted in Collin and 78.4% of new housing permitted in Denton County.

Among all US counties, Collin and Denton were ranked 88th and 90th.

Tarrant County ranked 65th with an average new construction value of $190,620.

Dallas County has the 15th lowest average value of new construction at $171,161, compared to $218,791 per unit nationally. Single-family units made up 41.1% of the total in Dallas County, compared to 64.2% of units nationwide.

What is construction coverage: The San Diego-based company provides data-driven analysis and research of industry trends in the construction sector, including software, insurance and home improvement products.

Report Review: In describing its methodology, Construction Coverage noted that the building permit value does not reflect the ultimate market value of the unit, but rather the total value of all construction work for which the permit is issued. You can dive deep into the data with a dynamic chart that categorizes data into six categories. 🐇 🐇 🐇 🐇

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Should you own Quanta Services Inc (PWR) in the engineering and construction industry? https://ifawpca.org/should-you-own-quanta-services-inc-pwr-in-the-engineering-and-construction-industry/ Fri, 05 Aug 2022 16:35:39 +0000 https://ifawpca.org/should-you-own-quanta-services-inc-pwr-in-the-engineering-and-construction-industry/ A rating of 84 places Quanta Services Inc (PWR) near the top of the engineering and construction industry according to InvestorsObserver. Quanta Services Inc’s score of 84 means it scores above 84% of industry stocks. Quanta Services Inc also received an overall rating of 67, which puts it above 67% of all stocks. Engineering and […]]]>

A rating of 84 places Quanta Services Inc (PWR) near the top of the engineering and construction industry according to InvestorsObserver. Quanta Services Inc’s score of 84 means it scores above 84% of industry stocks. Quanta Services Inc also received an overall rating of 67, which puts it above 67% of all stocks. Engineering and construction ranks 64th out of 148 industries.

PWR has an overall score of 67. Find out what this means for you and get the rest of the rankings on PWR!

What do these notes mean?

Finding the best stocks can be tricky. It is not easy to compare companies from one sector to another. Even companies that have relatively similar activities can sometimes be difficult to compare. InvestorsObserverThe tools allow for a top-down approach that lets you pick a metric, find the best sector and industry, and then find the best stocks in that sector. Our proprietary rating system captures technical factors, fundamental analysis and the opinions of Wall Street analysts. This makes InvestorsObserverThe overall rating of is a great place to start, regardless of your investing style. Scores ranked in percentiles are also easy to understand. A score of 100 is high and a 0 is low. There’s no need to try to remember what’s “good” for a bunch of complicated ratios, just pay attention to the higher numbers.

What’s going on with Quanta Services Inc stock today?

Quanta Services Inc (PWR) stock rose 2.89% while the S&P 500 was down -0.61% at 12:24 p.m. Friday, August 5. PWR rose $3.85 from the previous closing price of $133.29 on volume of 592,967 shares. Over the past year, the S&P 500 is down -6.83% while the PWR is up 48.21%. PWR has earned $3.30 per share over the past 12 months, giving it a price-to-earnings ratio of 41.6. Click here for the full Quanta Services Inc. stock report.

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Messer COO: “Be really good at your job” https://ifawpca.org/messer-coo-be-really-good-at-your-job/ Wed, 03 Aug 2022 17:15:00 +0000 https://ifawpca.org/messer-coo-be-really-good-at-your-job/ Steve Bestard, the new COO of Cincinnati-based contractor Messer Construction, has a wealth of experience to draw on. After graduating from Purdue University in 1991, Bestard began working at Messer’s Cincinnati headquarters, before moving to the Indianapolis office in 2006. Now a 30-year veteran of the company, he was recently promoted to COO after decades […]]]>

Steve Bestard, the new COO of Cincinnati-based contractor Messer Construction, has a wealth of experience to draw on.

After graduating from Purdue University in 1991, Bestard began working at Messer’s Cincinnati headquarters, before moving to the Indianapolis office in 2006. Now a 30-year veteran of the company, he was recently promoted to COO after decades of work. in the Midwest. He replaces Mark Luegering, who served as COO from 2018 to 2022.

As COO, Bestard will oversee the company’s 10 regional offices in Ohio, Indiana, Kentucky, Tennessee and North Carolina from the Cincinnati headquarters.

Bestard talks here about his early days at Messer, the projects he is proud of and the challenges he overcame.

Editor’s Note: This interview has been edited for brevity and clarity.

CONSTRUCTION DIVE: What does the construction market look like in the Midwest these days?

STEVE BEARD: The construction market in the tri-state area, when you think of Ohio, Indiana, Kentucky and all of our regional offices, we have 10 regional offices in the Midwest and Southeast, and the markets are still quite strong right now.

It will always be a little difficult to understand where the economy is going and to make sure that we are paying very close attention to what could happen in the event of a recession or a slowdown, but currently things are still solid. We’re battling the same challenges that the market gives us, which are always supply chain issues and labor shortages and that sort of thing, but we’re handling it pretty well right now.

How was the process to become COO at Messer?

We do a very good job of succession planning. And we have a very deep bench of leaders, I think some of the best in the industry. So it makes getting into the role a lot easier.

Steve Bestard

Courtesy of Messer Construction Co.

I’ve been with Messer for 30 years, my whole career. I am deeply rooted in the culture and committed to realizing the vision, mission and values. We are an employee-owned company, so you are very close to what is happening in the organization throughout your career. You have access to a lot more information than you would with maybe a sole proprietor, and so I think that prepared me well, and I’m looking forward to it.

What are the biggest hurdles you and Messer had to overcome in the tri-state area?

If you talk about what’s happening in the industry right now, the challenges that 2008-2009 brought, where it’s a big downturn, and where we are today, where the supply chain and the Labor shortages continue to persist. Low unemployment is a great thing for our communities.

But I really think the industry has changed with a lot of innovation in the way we work. We work in a safer way, with better quality, with better cost control. We always see ourselves as a leading company and at the forefront of innovation, whether in technology or in the way of carrying out projects.

And I see that more and more contracting authorities are looking for innovation in their projects, particularly around delivery methods.

Due to today’s market challenges like rapid inflation, supply chain issues and a very tight labor market, owners are looking for contractors to provide innovative ways to achieve more reliable results. This obviously includes cost and time, but also safety and quality.

Owners bring in contractors earlier in the process to allow us to be creative about securing long-term items with more direct purchases, monitor day-to-day cost escalation for more accurate budgets and to secure the appropriate workforce for the project. All of these things also help the contractor to better control the safety and quality of a project.

Market conditions are also pushing contractors to explore the use of higher levels of technology like AI to help predict better outcomes in safety, quality, and schedules. I believe that difficult circumstances push us to improve in what we do.

What buildings are you most proud of?

Our market segments include higher education, healthcare, science and technology, industry, federal government and the military. One of the ones I’m most proud of is a recent project we did for Riley Children’s Hospital in Indianapolis and Cincinnati Children’s Hospital. These are the kinds of projects our people really enjoy working on because they know how much it will help communities.

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Eastern Atlantic States Regional Carpenters Council and CTC Host Successful Seminar for Contractors in Edison, NJ https://ifawpca.org/eastern-atlantic-states-regional-carpenters-council-and-ctc-host-successful-seminar-for-contractors-in-edison-nj/ Mon, 01 Aug 2022 20:26:00 +0000 https://ifawpca.org/eastern-atlantic-states-regional-carpenters-council-and-ctc-host-successful-seminar-for-contractors-in-edison-nj/ Participants and experts from the construction industry at the EASRCC & CCT Entrepreneur Seminar. Cyndie Williams Aspiring entrepreneurs learn how to start an outsourcing business We have a long history of providing exceptional resources to our members, enabling them to thrive in the construction industry. — Cyndie Williams, Executive Director, CTC PHILADELPHIA, PENNSYLVANIA, USA, Aug. […]]]>

Participants and experts from the construction industry at the EASRCC & CCT Entrepreneur Seminar.

Cyndie Williams

Aspiring entrepreneurs learn how to start an outsourcing business

We have a long history of providing exceptional resources to our members, enabling them to thrive in the construction industry.

— Cyndie Williams, Executive Director, CTC

PHILADELPHIA, PENNSYLVANIA, USA, Aug. 1, 2022 /EINPresswire.com/ — The Eastern Atlantic States Regional Carpenters Council (EASRCC), in partnership with the Carpenter Contractor Trust (CCT), held its first-ever contractor seminar, July 26, Northeast Carpenters Apprentice Training Fund, Edison, NJ

The purpose of the seminar was to encourage and educate members interested in starting their own outsourcing business.

“The EASRCC has always been at the forefront of supporting our industry partners and encouraging industry growth, emphasizing the importance of expanding opportunities for veterans, minorities and vehicle owners. small businesses,” said Cyndie Williams, executive director of CCT. “We have a long history of providing exceptional resources to our members, enabling them to thrive in the construction industry.

“We sponsored this introductory seminar to provide carpenters with the opportunity to better understand the steps they need to take if they want to become contractors in the construction industry. The Entrepreneur Seminar is the first step in a series of future programs that will be offered in different regions across the EASRCC. This effort in future programs confirms our commitment to the highest standards. We are committed to preparing the next generation of contractor professionals while passing on union values ​​that include community employment and ethical business practices.

The seminar provided experts with considerable experience in the construction industry, covering topics ranging from legal and accounting issues to labor, compliance and tenders.

“The training was successful because it served as the perfect introduction for woodworkers who have questions about starting a business,” Williams said. “We have brought together top experts in their respective fields with decades of experience to share their insights and provide suggestions for woodworkers looking to get ahead. We look forward to preparing our contractor members for the challenging but lucrative journey to become an entrepreneur.”

***

The EASRCC represents more than 41,000 of the most skilled carpenters who live and work in Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia and West Virginia. EASRCCs are trained in many different trades including: commercial/residential carpentry; heavy highway; pile driving; floor laying plant cabinetry; and construction of trade fairs.

The TCC is a union-management trust formed to bind the relationship between the trained talents of union carpenters and their qualified signatory contractors in order to gain market share in the Eastern Atlantic States Carpenters Regional Council region.

###

Tom Peric
PERICPR
+1 856-874-0049
write to us here

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NSW Building Commissioner David Chandler quits role as watchdog over property developers https://ifawpca.org/nsw-building-commissioner-david-chandler-quits-role-as-watchdog-over-property-developers/ Sun, 31 Jul 2022 05:00:45 +0000 https://ifawpca.org/nsw-building-commissioner-david-chandler-quits-role-as-watchdog-over-property-developers/ The man brought down to tear down NSW’s most dodgy construction companies left so much fear and anger that he discovered some had already pre-purchased champagne to celebrate his impending resignation. Outgoing NSW Construction Commissioner David Chandler was chosen in 2019 by then Prime Minister Gladys Berejiklian to be the state’s construction cop, tasked with […]]]>

The man brought down to tear down NSW’s most dodgy construction companies left so much fear and anger that he discovered some had already pre-purchased champagne to celebrate his impending resignation.

Outgoing NSW Construction Commissioner David Chandler was chosen in 2019 by then Prime Minister Gladys Berejiklian to be the state’s construction cop, tasked with punishing dodgy developers.

And while the building commissioner had big plans to hang up his helmet at the end of the year, he decided he could stay a bit longer – at least until April 2023 – when he heard that the promoters were preparing to celebrate his departure.

“I was really ready to go fishing on September 30,” Mr Chandler said at a NSW Property Council event in western Sydney in April, according to property website Urban Developer.

“And then I heard that a whole bunch of these guys here in this corner had already ordered champagne for a party on October 1st.

“And I thought it wouldn’t be fun to give them a reason to put the champagne back in the cupboard.”

But Mr. Chandler’s brazen torture was not to be.

NSW Buildings Commissioner David Chandler addresses state parliament shortly after his appointment to the post in 2019

The extension would have seen Mr Chandler in office until September 2023, but on Monday he announced he would step down in November.

Mr Chandler was recently cleared of any wrongdoing by a ministerial inquiry, which looked into allegations that he misled Parliament.

He told parliament he was not recommending specific certifiers, but an earlier video later surfaced in which Mr Chandler appeared to say he had presented banks with an informal list of certifiers he “wouldn’t not damn to have at work”.

Mr Chandler anticipated that some developers would greet him instead of being the construction watchdog with champagne, but decided to deny them that pleasure for another year.

Mr Chandler anticipated that some developers would greet him instead of being the construction watchdog with champagne, but decided to deny them that pleasure for another year.

The inquiry found that Mr Chandler’s claims of misleading Parliament were unfounded, but his full findings are due to be published next week.

Following the shocking news of her departure, Mr Chandler released a statement.

“I think now is the time to reset and I am firmly committed to working with the secretary, the team and the industry until the end of my term,” he said.

“I don’t want my resignation to distract people from what has been achieved so far and the work that remains to be done.”

NSW Fair Trade Minister Eleni Petinos, who denies recent allegations of bullying made against her by Newscorp, did not directly respond to questions about why Mr Chandler quit.

She posted a short statement of appreciation for her work.

“Mr Chandler has helped the NSW government achieve significant reforms in the homebuilding sector since 2019,” Ms Petinos said.

“He helped develop and implement the Remediate project, ensuring that residential buildings in NSW had safe, non-combustible surfacing.”

The Mascot towers in Sydney's south had to be evacuated in June 2019 when alarming cracks were discovered in the ceiling

The Mascot towers in Sydney’s south had to be evacuated in June 2019 when alarming cracks were discovered in the ceiling

The NSW Building Commissioner was set up to meet building standards after two Sydney apartment buildings, Opal Tower and Mascot Towers, had to be hastily evacuated when alarming cracks appeared.

The Opal Tower in Sydney’s west had to be abandoned on Christmas Eve 2018 after a wall cracked in the new building.

And tenants of Mascot Towers in Sydney’s south were given just four hours to evacuate, fearing the building could collapse after cracks were discovered in its basement on June 16, 2019.

There were also fears that NSW apartment blocks were encased in the same flammable cladding that caused London’s Grenfell Tower inferno and removing it has been a main focus of Mr Chandler’s work.

Considered a tough and no-nonsense veteran of the construction industry, Mr Chandler, on his first day on the job, told builders and developers: “Expect to see me in your construction shed very soon. ”

Residents of Opal Tower in western Sydney had to flee the building when a crack appeared in a wall on Christmas Eve 2018

Residents of Opal Tower in western Sydney had to flee the building when a crack appeared in a wall on Christmas Eve 2018

Mr Chandler was given sweeping powers to enter construction sites and withhold certificates of occupancy if he discovered defects in the work.

He also oversaw the development of a quality assessment program for developers and helped create new laws that strengthened developer liability and required that they have insurance.

“The development industry understands that this legislation is serious. He’s got teeth and he’s going to turn the dial,” Chandler said.

Construction workers repair damage to Mascot Towers which has sparked fears over NSW developers' shonky standards

Construction workers repair damage to Mascot Towers which has sparked fears over NSW developers’ shonky standards

“Our data assets are the second largest outside of the Department of Defense in New South Wales. If you think we don’t know how to find you, if you’re a bad player, we know.

“We now know who provides the money for each job. We know whether it is good money or dirty money. Almost anything you can think of as a question, we probably have the answer.

Mr. Chandler has garnered considerable praise for his construction cleanup efforts following the high-profile Opal and Mascot tower disasters.

Strata Community Association NSW chairman Stephen Brell told the Sydney Morning Herald that Chandler had been key in restoring the confidence of apartment buyers.

“The commissioner has been very effective, particularly in involving Fair Trading in inspecting construction defects and holding builders accountable for the work they have done,” Brell said.

“I think in a very fast turnaround, their risk of buying a dud is greatly reduced.”

The New South Wales government says it will announce who will be the next building commissioner before Mr Chandler leaves in November.

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The Charlotte group helps young women enter the historically male construction industry https://ifawpca.org/the-charlotte-group-helps-young-women-enter-the-historically-male-construction-industry/ Thu, 28 Jul 2022 22:03:48 +0000 https://ifawpca.org/the-charlotte-group-helps-young-women-enter-the-historically-male-construction-industry/ CHARLOTTE (QUEEN CITY NEWS) – There is a desperate need for people in the construction industry. But ninety percent of all the people who work there are men. It’s always been like this, but that don’t mean it should still To be like that. They are not there to be silent or contained. “It’s fun […]]]>

CHARLOTTE (QUEEN CITY NEWS) – There is a desperate need for people in the construction industry. But ninety percent of all the people who work there are men. It’s always been like this, but that don’t mean it should still To be like that.

They are not there to be silent or contained.

“It’s fun to do the nailer,” laughs high school student Amber Garcia. “It’s really loud.”

Rather, they are here to see and learn what they box do.

“The nail guns we use are mine, they are my tools,” said Andi Dirkscheider of Brookline Homes.

For the first time ever, the Professional Women Builders, or PWBs, in Charlotte are teaching young girls the literal tools of the trade. A handful of girls built doghouses for charity on Thursday. They were able to gain hands-on experience using power tools, while learning how to start projects from scratch.

Andi said she grew up in the industry and realized that other women can also learn that they are welcome.

“Not knowing this is a space for women is really why we’re doing this. We want to make sure girls know that building homes is welcoming and jobs aren’t gender biased,” said Andy.

It’s a male-dominated industry, but it doesn’t have to be that way.

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“I think it’s important for girls to know that a girl can do as much as a guy can do,” said Makenzie Champion, who is about to start ninth grade.

The dog houses will be donated to a shelter or auctioned off with the proceeds of a scholarship for a woman who wants to enter the home building industry.

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Cross-Laminated Timber Market to Reach $3,202 Million by 2030 Driven by Growing Concerns Over Greenhouse Gas (GHG) Emissions Exclusive Report by Acumen Research and Consulting https://ifawpca.org/cross-laminated-timber-market-to-reach-3202-million-by-2030-driven-by-growing-concerns-over-greenhouse-gas-ghg-emissions-exclusive-report-by-acumen-research-and-consulting/ Wed, 27 Jul 2022 00:28:43 +0000 https://ifawpca.org/cross-laminated-timber-market-to-reach-3202-million-by-2030-driven-by-growing-concerns-over-greenhouse-gas-ghg-emissions-exclusive-report-by-acumen-research-and-consulting/ Acumen Research and Consulting Acumen Research and Consulting recently published a report titled “Cross-Laminated Timber Market Size, Share, Regional Analysis Report and Forecast, 2022-2030” BEIJING, July 26. 2022 (GLOBE NEWSWIRE) — The Global Cross-laminated timber market The size accounted for USD 1,037 million in 2021 and is expected to reach USD 3,202 million by 2030 […]]]>

Acumen Research and Consulting

Acumen Research and Consulting recently published a report titled “Cross-Laminated Timber Market Size, Share, Regional Analysis Report and Forecast, 2022-2030”

BEIJING, July 26. 2022 (GLOBE NEWSWIRE) — The Global Cross-laminated timber market The size accounted for USD 1,037 million in 2021 and is expected to reach USD 3,202 million by 2030 with a considerable CAGR of 13.8% during the forecast period of 2022 to 2030.

The construction sector is a major contributor to greenhouse gas (GHG) emissions and a major consumer of natural resources. Advances in building technologies are key to reducing GHG emissions and meeting national and international climate change mitigation goals. Cross-laminated timber (CLT) has developed as a viable alternative building material to steel beams in building construction due to its low carbon footprint and high strength-to-weight ratio. Using cross-laminated timber as a building and construction material can potentially provide an advantage in terms of future structural safety. It is extremely resistant to compression and extraction forces, ensuring the durability of the structure.

Cross-laminated timber (CLT) is an engineered material that is rapidly gaining popularity as a sustainable alternative to steel and concrete construction in institutional and multi-family applications in the construction industry. The system is made up of multi-layered panels made from solid wood planks that have been cross-stacked and glued together. The addition of cross lamination improves stiffness, specific strength and mechanical performance. CLT structurally outperforms concrete and steel, with panels that can be used for floors, ceilings, walls and other applications. Many buildings have been constructed using these timbers in operations all over the world. Assessing their strength, structural characteristics and cost competitiveness, for example, would reveal whether CLT has the potential to extend to a wider range of structures.

Free Sample Report Request @

https://www.acumenresearchandconsulting.com/request-sample/3047

Market

Cross-laminated timber market

Market size 2021

$1,037 million

Market Forecast 2030

$3,202 million

CAGR from 2022 to 2030

13.8%

Analysis period

2018 – 2030

Year of reference

2021

Forecast data

2022 – 2030

Segments Covered

By product, by application and by geography

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Profiled Key Companies

Stora Enso Oyj, SmartLam NA, Mayr-MelnhofHolz Holding AG, B&K Structures, Binderholz GmbH, Sterling Company, Eugen Decker & WebMan, SchilligerHolz AG, Structurlam Mass Timber Corporation, KLH Massivholz GmbH, XLam and MEIKEN LAMWOOD Corp.

Report cover

Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulatory Analysis

Scope of customization

10 a.m. free customization and expert advice

Aspects of the growth of the global cross-laminated timber market

Consumer awareness of environmental destruction caused by concrete and brick manufacturing methods is increasing dramatically for cross-laminated timber and environmentally friendly building materials. As a result, consumers and experts are turning their attention to using sustainable materials in the construction of homes and other infrastructure, such as wood. Because CLT is made of wood, many jurisdictions favor its use in construction and provide consumers with economic benefits and freedom of space. In addition, compared to conventional building materials, wood offers excellent acoustic and thermal insulation, eliminating the use of toxic elements for insulation materials such as fiberglass and foam polymers. Thus, the material’s environmental benefits have been a critical factor in its acceptance in the sustainable construction industry.

The construction industry, especially in emerging markets such as Latin America and Asia-Pacific, is expected to grow significantly in the near future. Despite the numbing effect of the COVID-19 epidemic, the huge investments planned by China, India, Brazil and the Pacific countries are expected to lead to growth in the construction sector. This expansion is expected to result in market growth as governments and construction companies seek sustainable building materials to improve capabilities while complying with global CO emissions laws. Since wood is a recognized carbon sequester, its use in construction is expected to increase, supporting the expansion of wood products such as wood frame materials. These factors are likely to drive the expansion of the market.

View the report’s detailed table of contents @

https://www.acumenresearchandconsulting.com/table-of-content/cross-laminated-timber-market

The residential industry segment is expected to consume a large share of cross-laminated timber in 2021

Growing customer demand for lavish and sophisticated homes is expected to drive the growth of the cross-laminated timber market. As more CLT is used in household applications such as floors, ceilings and walls, the industry is expected to grow. In European countries, the main customer for cross-laminated timber is private residential construction. The need for more multi-family housing is changing as building codes and technologies improve. Consumer demand for high-end residences is expected to increase, which will accelerate the overall market growth.

Regional overview of the cross-laminated timber market

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa constitute the regional classification of the global cross-laminated timber market. It is estimated that Europe will dominate the global cross-laminated timber market in terms of volume and value throughout the forecasted period, owing to the growth of the construction sector in economies such as the United Kingdom, Italy, Germany and France. Europe is widely regarded as the leading manufacturer of cross-laminated timber. CLT structures are a growing market across the region. Additionally, cross-laminated timber consumption in North America is primarily driven by the United States. Significant expansion of application industries in Mexico and Canada will drive the growth of the regional cross-laminated timber products market.

Segmentation of the cross-laminated timber market

The global cross-laminated timber market has been segmented by Acumen Research and Consulting on the basis of product and application. Based on product, the market is divided into glued cross-laminated timber and mechanically fastened cross-laminated timber. Based on application, the market is categorized into residential, commercial, institutional, and others.

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Players in the cross-laminated timber market

Some key players covered globally in CLT industry are Stora Enso Oyj, SmartLam NA, Mayr-MelnhofHolz Holding AG, B&K Structures, Binderholz GmbH, Sterling Company, Eugen Decker & WebMan, SchilligerHolz AG, Structurlam Mass Timber Corporation, KLH Massivholz GmbH, XLam and MEIKEN LAMWOOD Corp.

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Global Asphalt Additives Market to Be Driven by Booming Building and Construction Industry During Forecast Period 2022-2027 – This Is Ardee https://ifawpca.org/global-asphalt-additives-market-to-be-driven-by-booming-building-and-construction-industry-during-forecast-period-2022-2027-this-is-ardee/ Sat, 23 Jul 2022 12:37:25 +0000 https://ifawpca.org/global-asphalt-additives-market-to-be-driven-by-booming-building-and-construction-industry-during-forecast-period-2022-2027-this-is-ardee/ Expert Market Research’s new report titled ‘Global Asphalt Additives Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global Asphalt Additives market, assessing the market based on its segments such as types, applications, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also […]]]>

Expert Market Research’s new report titled ‘Global Asphalt Additives Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global Asphalt Additives market, assessing the market based on its segments such as types, applications, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Get a free sample report with table of contents: https://tinyurl.com/mt6h9wck

Key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 7%

The global asphalt additives market is driven by the growing application of the product in the building and construction industry due to rapid infrastructure development, increasing government investment in road maintenance and rapid urbanization in emerging economies. In addition to this, increasing investments in the development of domestic and international airports owing to the growing number of travelers are likely to propel the demand for asphalt additives during the forecast period. Geographically, the Asia-Pacific region accounts for a major share of the market owing to the growing demand for the product from the residential construction industry.

Industry definition and major segments

Asphalt additives refer to substances or chemicals that are added to asphalt, in order to improve the overall performance of the material. Reduced stripping, fraying, cracking, permanent set and increased pavement thickness are some of the major benefits of asphalt additives. Major end user industries of asphalt additives include building and construction.

Read the full report with table of contents: https://tinyurl.com/2jnwz4fy

On the basis of Type, the market has been segmented into:

  • Polymerized bituminous cement
  • Novophalt
  • Multigrade bituminous cement
  • Polyester modifier
  • Others

The main applications of the product include:

  • road construction
  • road paving
  • Airport Runway
  • Parking spaces
  • roof
  • Others

Regional markets for asphalt additives include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market trends

Full-scale construction of airports, highways, sidewalks, roads, apartments and public administrative buildings, due to increased investment in urban development projects in emerging economies, is expected to be the main market trend. Also, emergence of multi-housing projects in various continents is expected to propel the demand for asphalt additives during the forecast period. The rapid development of hotels, restaurants, pubs and manufacturing facilities is expected to help the market over the forecast period.

Main market players

Major market players include Cargill, Inc., Evonik Industries AG, Honeywell International Inc., The Dow Chemical Company, and Arkema SA, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports and advisory services to our clients. We serve a wide clientele ranging from Fortune 1000 companies to small and medium-sized businesses. Our reports cover over 100 industries in established and emerging markets researched by our trained analysts who track the latest economic, demographic, business and market data globally.

At Expert Market Research, we tailor our approach based on the needs and preferences of our clients, providing them with valuable, actionable and up-to-date market insights, helping them realize their optimal growth potential. We offer market intelligence across a range of verticals including Pharmaceuticals, Food & Beverage, Technology, Retail, Chemicals & Materials, Energy & Mining, Packaging and farming.

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Over The Top Ott Market: https://www.digitaljournal.com/pr/global-over-the-top-ott-market-to-be-drive-by-ease-of-availability-of-low-cost- smartphones-and-increased-internet-penetration-in-the-forecast-period-2021-2026

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United States Powder Coatings Market: https://www.digitaljournal.com/pr/united-states-powder-coatings-market-to-be-drive-by-the-rising-demand-from-automotive- industry-forecast-period-2021-2026

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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Non-residential construction spending expected to rise on strong gains in manufacturing and retail https://ifawpca.org/non-residential-construction-spending-expected-to-rise-on-strong-gains-in-manufacturing-and-retail/ Thu, 21 Jul 2022 16:40:34 +0000 https://ifawpca.org/non-residential-construction-spending-expected-to-rise-on-strong-gains-in-manufacturing-and-retail/ Spending on building construction is expected to rise just over 9% this year and another 6% in 2023, according to a new report from the American Institute of Architects (AIA). While the outlook for the economy as a whole has become more uncertain, the outlook for construction spending has improved since the start of the […]]]>

Spending on building construction is expected to rise just over 9% this year and another 6% in 2023, according to a new report from the American Institute of Architects (AIA).

While the outlook for the economy as a whole has become more uncertain, the outlook for construction spending has improved since the start of the year. The outlook from the AIA Consensus Construction Forecast Panel, in its mid-year update, is more optimistic than expected at the start of the year, mainly due to extremely strong gains in the manufacturing and construction category. surprising strength of retail facilities. The industrial market is expected to accelerate the recovery in building construction this year and next. At the same time, the institutional sector should begin its recovery this year and accelerate its transition to 2023.

“The construction industry is not without its own set of challenges,” said AIA Chief Economist Kermit Baker, Hon. AIA, PhD. “Supply chain disruptions, coupled with general inflation, have driven construction inputs up nearly 15% over the past year. However, despite the challenges in the economy and the he construction industry, the outlook for the non-residential construction market looks promising for this year and next.

See interactive consensus building forecasts >

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