Application (Mining, Traffic, Water Conservancy, Construction)
The grouting materials market is segmented and analyzed for demand and supply by application into mining industry, traffic industry, water conservancy industry, construction industry, and others. Out of these, the construction industry segment is anticipated to garner the highest revenue by 2037, on the back of high growth rate of the industry. For instance, Statistics from a recent data revealed that the global construction industry is anticipated to grow to USD 8 trillion by 2030, with an average growth rate of 5%. Also, the high employment rate in the industry is an another growth factor for the expansion of market. As per latest calculations, the number of people that were hired in the construction industry of the United States was 10,350,000 in total in 2022.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Rajrani Baghel
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