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, the North America Spray Foam Insulation Marke t size is anticipated to grow at a CAGR of 5.5% during 2021-2027F. The United States is currently leading the market in terms of revenues due to the increasing adoption of energy-efficient insulation systems among people. Moreover, favourable building regulations by Leadership in Energy and Environmental Design (LEED) and U.S. Green Building Council (USGBC) would also supplement the growing demand for spray foam insulation. Furthermore, re-insulation and modernization of traditional homes and properties would also play an important role in driving the market for spray foam insulation in the region during the forecast period. In addition, Canada is projected to register higher growth during the forecast period as the government of Canada is enforcing stringent regulations towards the limitation of greenhouse gas emission and increasing energy efficiency in homes and buildings. Key Highlights of the Report Nort...