APAC Market Forecast
The concrete resurfacer market in Asia Pacific is predicted to largest share of 54% by 2036 impelled by rapid urbanization. India's towns and cities have grown quickly as more people move there in quest of employment opportunities, the presence of institutions of higher learning, urban lifestyle, and industrialization. Hence it is essential to create livable and sustainable cities, therefore it is imperative to make large investments in public services, commercial funding, and infrastructure. According to projections, India's urban population is expected to reach around 40% by 2030. In addition, housing and urban development projects have been given priority by the Union government, which has pledged to invest over USD 1 trillion in infrastructure development over the next 25 years.
North American Market Statistics
The North America concrete resurfacer market is estimated to the second largest revenue share, during the forecast period, led by the growing construction of highways. The foundation of the civilization is made up of highway and street building, which is expected to continue rising in the US between 2023 and 2027, since it makes it possible for individuals to travel conveniently and safely for a variety of reasons, including business, education, pleasure, are vital to the country's national security and economic growth, and is essential for the effective transportation of all commodities.
Author Credits: Shweta Patidar
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