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Global Construction Chemicals Market Size & Share Will Reach USD 62 Billion by 2026: Facts & Factors

According to the [180+ Pages] research report; the global Construction Chemicals Market in 2019 was approximately USD 37 Billion. The market is expected to grow at a CAGR of 7.5% and is anticipated to reach around USD 62 Billion by 2026. Top market manufacturers are 3M, Arkema Group, Ashland, BASF SE, Bolton Group, Cemetaid (N.S.W.) Pty Ltd, Chryso SAS, CICO Group, Conmix Ltd, DowDuPont, Fosroc Inc., Franklin International and others.New York, NY, Jan. 11, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Construction Chemicals Market By Product (Concrete Admixture, Concrete adhesives, and Concrete sealants) and By End-user (Non-residential & infrastructure and Residential): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.According to the research study, the global Construction Chemicals Market was estimated at USD 37 Billion in 2019 and is expected to reach USD 62 Billion by 2026. The global Construction Chemicals Market is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2019 to 2026.Construction chemicals are specialty materials that are critical for sustainable buildings and energy conservation, increase the longevity of buildings, and further enhance environmental hazards. Construction chemicals are chemical compounds used to change the properties of construction materials. Such chemicals reduce the water consumption of buildings. They have an important role to play in improving general construction and non-construction efficiency. Such chemicals can be divided into different product categories, including concrete products, building sticks, screens, and protective coatings. Polymers are the primary raw materials used in almost every chemical building formulation. The chemical manufacturer, the retailer of industrial construction materials, and the end-user are always working together to produce the right product.Get revised Free Sample Report of Construction Chemicals Market @ https://www.fnfresearch.com/sample/construction-chemicals-market-by-product-concrete-admixture-concrete-716                (The free sample of this report is readily available on request).Our Free Sample Report Includes:• 2020 Updated Report Introduction, Overview, and In-depth industry analysis• 180+ Pages Research Report (Inclusion of Updated Research)• Provide Chapter-wise guidance on Request• 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends• Includes Updated List of table & figures• Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis• Facts and Factors research methodology(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)Key Offerings: * Market Size & Forecast by Revenue | 2020−2026 * Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities * Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography * Competitive Landscape – Top key vendors and other prominent vendorsInquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/construction-chemicals-market-by-product-concrete-admixture-concrete-716             (You may enquire a report quote OR available discount offers to our sales team before purchase.)Infrastructure is the most lucrative chemical building market in the world. Despite the development and urban planning that drives the need for sustainable infrastructure and environmentally friendly goods, this is the first choice for new entrants. Likewise, chemical products, such as concrete mixtures, help to minimize the amount of cement and water normally required during construction. Construction chemicals are needed to meet the needs of the growing world population and of the urbanization in question. Increasing demands for earthquake-resistant structures around the Asia Pacific Fire Ring and North and Latin America’s East Coast as well as Europe’s and Asia Pacific’s Alpide Belt would boost market demand for robust and weather-resistant structures and infrastructures.Top Market PlayersSome of the essential players operating in the construction chemicals market, but not restricted to include 3M, Arkema Group, Ashland, BASF SE, Bolton Group, Cemetaid (N.S.W.) Pty Ltd, Chryso SAS, CICO Group, Conmix Ltd, DowDuPont, Fosroc Inc., Franklin International, GCP Applied Technologies Inc., Henkel AG & Co. KGaA, LafargeHolcim, MAPEI SpA, MUHU Construction Materials Co. Ltd, Nouryon, RPM International Inc., Sika AG, Thermax Global, and others.To know an additional revised 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/construction-chemicals-market-by-product-concrete-admixture-concrete-716On the basis of Product, concrete admixture dominated the market in 2019, the concrete admixtures are components added to the concrete blend before or during the blending. This segment is forecasted to witness significant growth over the forecast period owing to its properties such as changing the characteristics of hardened concrete, thus improving its performance during the process of mixing, healing, carrying, etc.Based on the end-user, the residential segment held the leading market share in 2019 for the global construction chemical industry. This segment is projected to grow over the forecast period owing to the rising demand for residential housing in rural as well as urban areas.Browse the full “Construction Chemicals Market By Product (Concrete Admixture, Concrete adhesives, and Concrete sealants) and By End-user (Non-residential & infrastructure and Residential): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026″ report at https://www.fnfresearch.com/construction-chemicals-market-by-product-concrete-admixture-concrete-716The global Construction Chemicals market is estimated to be valued at USD 35billion by 2019 and is projected to register a CAGR of 7.5% throughout the forecast period. The market for the chemical building is anticipated to bolster over the forecast period. Increased construction work in the Asia-Pacific region, enhanced adoption of new technology, and advanced building processes are some of the variables that drive the market growth studied. Increased environmental legislation on VOC emissions continues to be a barrier to market growth.The building chemical industry is powered solely by multinational construction and infrastructure development operations worldwide. The fast-growing Asia-Pacific construction industry, led by China and India, will have a significant impact on product demand during the forecast period. The growing demand for earthquake-resistant structures around the Asia Pacific Fire Ring and the East Coast of North and Latin America, along with Europe and the Asia Pacific Alpine Belt, is increasing the market demand for more weather-proof structures and installations.Construction Chemicals Market: Regional AnalysisBy region, Asia Pacific held the majority of shares in 2019, and this segment is anticipated to bolster even more throughout the forecast period. The growth of this segment is primarily attributable to the rising population in this region combined with increasing income, and urbanization.Request Customized Copy of Report @ https://www.fnfresearch.com/customization/construction-chemicals-market-by-product-concrete-admixture-concrete-716(We customize your report according to your research need. Ask our sales team for report customization.)This report segments the Construction chemicals market as follows:Global Construction chemicals Market: By Type Segmentation Analysis * Concrete Admixture * Concrete adhesives * Concrete sealantsGlobal Construction chemicals Market: By Application Segmentation Analysis * Non-residential & infrastructure * ResidentialKey Insights from Primary Research * As per our primary respondents, the Construction Chemicals market is set to grow annually at a rate of around 7.5%. * It was established through primary research that the Construction Chemicals market was valued at around USD 35 billion in 2019. * After secondary research, we performed face to face interviews to validate our data. The insights interviewee’s declared that Concrete Admixture is the most used product for the global Construction Chemicals market. * On the basis of the end-user, the residential segment dominated the global Construction Chemicals market in 2019. It accounted for around a 62% share of the total market in 2019. * The Concrete Admixture segment, on the basis of product segmentation, was the leading revenue-generating category accounting for around 39% share, in 2019.Key Recommendations from Analysts * Based on the exhaustive secondary research done by our team, the Concrete Admixture is anticipated to become the most demanding product in the upcoming years, owing to the growing demand for Construction Chemicals from the construction industry for various end-use applications. * As per our analysts, APAC recorded the highest market share of more than 40% by 2026, and the market is expected to bolster in this region, resulting in creating lucrative opportunities for new players. * Growing at a CAGR of around 7.5%, the Construction Chemicals market provides numerous opportunities for all of the involved stakeholders across the entire value chain. * Our analysts have identified Concrete Admixture and Residential categories as the leading investment pockets for the Construction Chemicals market in terms of product and end-user segmentation respectively. * Our analysts recommend the emerging players to focus on the residential segment owing to the substantial growth of the construction industry, especially in APAC and Middle-eastern regions, and increased adaptation of the residential building.Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/construction-chemicals-market-by-product-concrete-admixture-concrete-716Related Reports:Liquid sodium silicate Market: https://www.fnfresearch.com/liquid-sodium-silicate-market-by-type-degradation-of-1179 Polyethylene Glycol (PEG) Market: https://www.fnfresearch.com/polyethylene-glycol-peg-market-by-applicationmedical-personal-care-1183 Heat Exchanger Market: https://www.fnfresearch.com/global-heat-exchanger-market-by-application-finish-polishing-1192 Levothyroxine sodium Market: https://www.fnfresearch.com/levothyroxine-sodium-market-by-type-powder-and-tablets-1203 Nanocellulose Market: https://www.fnfresearch.com/nanocellulose-market-by-type-microfibrillated-cellulose-and-cellulose-1209About Facts & Factors (FnF Research):Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearchFollow Us Twitter: https://twitter.com/fnfresearchContact Us:Facts & FactorsUSA: +1-347-989-3985Email: sales@fnfresearch.comWeb: https://www.fnfresearch.comBlog: http://fnfnewsblog.com

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Canada’s unemployment rate holds steady at 6.5% in October, economy adds 15,000 jobs

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OTTAWA – Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy.

Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October.

Business, building and support services saw the largest gain in employment.

Meanwhile, finance, insurance, real estate, rental and leasing experienced the largest decline.

Many economists see weakness in the job market continuing in the short term, before the Bank of Canada’s interest rate cuts spark a rebound in economic growth next year.

Despite ongoing softness in the labour market, however, strong wage growth has raged on in Canada. Average hourly wages in October grew 4.9 per cent from a year ago, reaching $35.76.

Friday’s report also shed some light on the financial health of households.

According to the agency, 28.8 per cent of Canadians aged 15 or older were living in a household that had difficulty meeting financial needs – like food and housing – in the previous four weeks.

That was down from 33.1 per cent in October 2023 and 35.5 per cent in October 2022, but still above the 20.4 per cent figure recorded in October 2020.

People living in a rented home were more likely to report difficulty meeting financial needs, with nearly four in 10 reporting that was the case.

That compares with just under a quarter of those living in an owned home by a household member.

Immigrants were also more likely to report facing financial strain last month, with about four out of 10 immigrants who landed in the last year doing so.

That compares with about three in 10 more established immigrants and one in four of people born in Canada.

This report by The Canadian Press was first published Nov. 8, 2024.

The Canadian Press. All rights reserved.

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Health-care spending expected to outpace economy and reach $372 billion in 2024: CIHI

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The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.

The annual report released Thursday says total health spending is expected to hit $372 billion, or $9,054 per Canadian.

CIHI’s national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022.

This year’s health spending is estimated to represent 12.4 per cent of Canada’s gross domestic product. Excluding two years of the pandemic, it would be the highest ratio in the country’s history.

While it’s not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada’s growing population and its aging demographic.

Canada’s per capita spending on health care in 2022 was among the highest in the world, but still less than countries such as the United States and Sweden.

The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn’t afford these services start using them.

This report by The Canadian Press was first published Nov. 7, 2024.

Canadian Press health coverage receives support through a partnership with the Canadian Medical Association. CP is solely responsible for this content.

The Canadian Press. All rights reserved.

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Trump’s victory sparks concerns over ripple effect on Canadian economy

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As Canadians wake up to news that Donald Trump will return to the White House, the president-elect’s protectionist stance is casting a spotlight on what effect his second term will have on Canada-U.S. economic ties.

Some Canadian business leaders have expressed worry over Trump’s promise to introduce a universal 10 per cent tariff on all American imports.

A Canadian Chamber of Commerce report released last month suggested those tariffs would shrink the Canadian economy, resulting in around $30 billion per year in economic costs.

More than 77 per cent of Canadian exports go to the U.S.

Canada’s manufacturing sector faces the biggest risk should Trump push forward on imposing broad tariffs, said Canadian Manufacturers and Exporters president and CEO Dennis Darby. He said the sector is the “most trade-exposed” within Canada.

“It’s in the U.S.’s best interest, it’s in our best interest, but most importantly for consumers across North America, that we’re able to trade goods, materials, ingredients, as we have under the trade agreements,” Darby said in an interview.

“It’s a more complex or complicated outcome than it would have been with the Democrats, but we’ve had to deal with this before and we’re going to do our best to deal with it again.”

American economists have also warned Trump’s plan could cause inflation and possibly a recession, which could have ripple effects in Canada.

It’s consumers who will ultimately feel the burden of any inflationary effect caused by broad tariffs, said Darby.

“A tariff tends to raise costs, and it ultimately raises prices, so that’s something that we have to be prepared for,” he said.

“It could tilt production mandates. A tariff makes goods more expensive, but on the same token, it also will make inputs for the U.S. more expensive.”

A report last month by TD economist Marc Ercolao said research shows a full-scale implementation of Trump’s tariff plan could lead to a near-five per cent reduction in Canadian export volumes to the U.S. by early-2027, relative to current baseline forecasts.

Retaliation by Canada would also increase costs for domestic producers, and push import volumes lower in the process.

“Slowing import activity mitigates some of the negative net trade impact on total GDP enough to avoid a technical recession, but still produces a period of extended stagnation through 2025 and 2026,” Ercolao said.

Since the Canada-United States-Mexico Agreement came into effect in 2020, trade between Canada and the U.S. has surged by 46 per cent, according to the Toronto Region Board of Trade.

With that deal is up for review in 2026, Canadian Chamber of Commerce president and CEO Candace Laing said the Canadian government “must collaborate effectively with the Trump administration to preserve and strengthen our bilateral economic partnership.”

“With an impressive $3.6 billion in daily trade, Canada and the United States are each other’s closest international partners. The secure and efficient flow of goods and people across our border … remains essential for the economies of both countries,” she said in a statement.

“By resisting tariffs and trade barriers that will only raise prices and hurt consumers in both countries, Canada and the United States can strengthen resilient cross-border supply chains that enhance our shared economic security.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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