Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
According to 6Wresearch, Global Paints Market size is anticipated to register growth during 2020-26. Rapid industrialization and urbanization in emerging regions, such as China, India, and Southeast Asia, are expected to boost the product demand in various applications. The global market has grown moderately over the past few years despite many uncertainties, such as the economic slowdown of major economies, fluctuations in the value of the U.S. dollars, the high growth rate of the U.S. construction industry and automotive, positive & negative influence of the low crude oil prices, the tenuousness of the recovery of various European nations, and developments in regulatory norms globally. Middle East, Europe, and Latin American Paints Market Size is growing at a satisfactory rate and is expected to grow more in the further forecasting period. Asia-Pacific is expected to witness the strongest growth in the demand for paint materials, Europe and North American Paint Market siz...