- THE MAGAZINE
- NEW PRODUCTS
Global Nanotechnology Market to Reach $27 Billion in 2015
BIPV Installed Capacity to Grow More than Tenfold by 2016
A new report from Pike Research predicts that BIPV and building-applied photovoltaics (BAPV) market dynamics will change beginning in 2010. In addition, installed capacity will grow more than tenfold by 2016, approaching 2.4 gigawatts (GW) worldwide in that year compared to just 215 megawatts (MW) in 2009. This growth is forecast to generate annual wholesale market revenues of $4 billion by 2016.
Glass Production in Emerging Economies to Drive Soda Ash DemandGlobal consumption of soda ash fell by 7.6% in 2009 to 44 mt, following growth of 4.2% per year between 2000 and 2008, according to a new study from Roskill Information Services Ltd. Consumers in the glass industry, which accounts for 53% of total demand, scaled back purchases during the global economic downturn. The decline was compounded by lower detergent and chemical output, the other major end uses for soda ash.
Emerging economies have previously driven growth for soda ash over the last decade, with rising GDP and urbanization leading to higher per capita use of products manufactured using soda ash. China was one of only a few countries showing a positive increase in soda ash consumption in 2009 and was responsible for 90% of world growth between 2000 and 2009. In industrialized economies, however, demand for soda ash has been flat due to the maturity of products using soda ash in the market, as well as substitution and competition pressures.
Future demand for soda ash, forecast to grow at 3% per year over the next five years, will be led by flat glass, detergents and water treatment. The use of soda ash in mining and metals and flue gas desulphurization might also spur increased demand. Emerging economies, particularly China and the wider Southeast Asia region, but also the Middle East, South Asia and South America, will continue to provide the best opportunities for soda ash demand growth on a regional basis. The outlook for developed economies is more uncertain.
U.S. Brick & Block Demand to Reach 12.4 Billion Units in 2014Demand for brick and block products is projected to increase nearly 12% annually from a weak 2009 base to 12.4 billion units in 2014, valued at $8 billion. The expected recovery in building construction, specifically residential construction, will drive growth, according to “Brick & Block,” a new study from The Freedonia Group Inc.
Consumption of clay brick products tends to be concentrated in residential markets, reflecting the heavy use of clay brick as a siding material in new home construction. In 2009, demand for clay brick was very low (less than one-half the 2004 level) due to the ongoing severe contraction in new housing construction. As residential construction (particularly new single-family housing) rebounds through 2014, demand for clay brick will benefit, advancing 15% annually to 8.2 billion units in 2014, a considerable improvement over the weak performance of 2009 but still below the record level of 2004.
Demand for concrete brick and block products is projected to increase 6.9% annually to 4.3 billion units in 2014. Although the majority of demand will remain concentrated in nonresidential markets, the most significant growth opportunities will derive from the recovery in the housing market. This will benefit concrete brick (used in siding, paving and landscaping applications) and concrete pavers. Much slower gains will occur in structural and decorative concrete block products, which are more heavily reliant on nonresidential construction.
Global Ceramic Tile Market to Reach 92.78 Billion Square Feet by 2015The worldwide ceramic tile market is projected to reach 92.78 billion square feet by 2015, due in part to the anticipated economy recovery in the medium term and the ensuing resurgence in construction activity, as well as new product innovations, according to a new report from Global Industry Analysts Inc.
The report states that Asia-Pacific and Europe collectively account for more than 80% share of the global market. The U.S. market is expected to witness erosion in sales by approximately 1268 million square feet between 2007 and 2011.