Factors including overall growth in construction sector predominately office and buildings and hotels is the major driver exhibited in the market. Moreover, increasing focus toward using environmentally friendly refrigerants is propelling the demand for HVAC systems. Of these, cooling category is estimated to account for the largest market share in Rising temperature and growing disposable income have been major factors for increase in demand for ACs across the globe, during the historical period
Asian Paints Ltd.
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Currently, these paints are made from a few chemicals that are especially suited for this industry. Many of these are volatile organic compounds VOCs , which vaporize as soon as they are exposed to the atmosphere. They also contain heavy metals such as arsenic, lead and chromium. VOCs such as ethyl acetate, glycol ethers, and acetone are organic chemicals that are mainly used as solvents for conventional paints. Once they enter into the air we inhale, they can gain entry into our lungs and create a toxic effect on our bodies. The odor emanating from these paints can also be quite suffocating. These chemicals have a variety of effects on people who are exposed to it, depending on the duration of exposure.
Flat Glass Market Size Worth $124.14 Billion By 2022 | CAGR 7.1%
It was estimated that commercial real estate space is the key factor propelling the market growth as of Political uncertainty in the past had huge impact on real estate industry and the recent reforms in various regions had continued to impact the real estate market on a higher level. Reforms from the governments are often passed on to increase the affordability of personal housing spaces and to handout a fair chance to the population.
Robust growth of the building and construction sector in developing countries is expected to be a key factor propelling the market. Glass is increasingly being used in construction applications. Tempered glass, in particular, is being employed in roofing applications as well as in manufacturing of glass windows.