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Globe and Mail
7 days ago
- Business
- Globe and Mail
Corrugated Pipe Market Set for Strong CAGR of 6.3 % Growth Amid Infrastructure Boom
According to Coherent Market Insights (CMI), the global corrugated pipe market is estimated to be valued at USD 17,593.8 Mn in 2025 and is expected to reach USD 27,000.9 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032. The global corrugated pipe market is experiencing significant growth, driven by rising investments in wastewater management and transportation infrastructure projects across both developed and developing regions. A key market trend is the increasing demand for sustainable infrastructure materials. Modern corrugated pipes, made from steel and plastic, offer enhanced durability and longer lifespans compared to traditional alternatives, further boosting their adoption. Global Corrugated Pipe Market Key Takeaways Global demand for corrugated pipes is slated to increase at a CAGR of 6.3% during the forecast period. PVC corrugated pipes remain the top-selling type, accounting for 37.2% of the global corrugated pipe market share in 2025. Agriculture and horticulture drainage is the most lucrative application for corrugated pipes, generating a market revenue of around USD 6.36 Bn in 2025. North America is expected to lead the global corrugated pipe industry, accounting for a prominent revenue share of 36.3% in 2025. Asia Pacific is set to become a happy hunting ground for corrugated pipe manufacturers during the assessment period. Rise in Infrastructure Development Spurring Market Growth Coherent Market Insights' latest corrugated pipe market research report highlights key factors driving market growth. One such key growth driver is the increasing infrastructure development globally. Rapid urbanization and industrialization are creating demand for efficient drainage, sewage, and cable protection systems. This is putting corrugated pipes into the limelight as they are increasingly used in road construction, underground wiring, and water management systems. Nations like the United States and China are increasingly investing in large infrastructure projects, including bridges, roads, and smart cities. Such developments require durable and efficient drainage systems. Corrugated pipes are widely used in these projects due to their strength and flexibility. According to the U.S. Census Bureau, total construction spending in the United States reached about USD 841 billion during the first five months of 2025. This sustained investment trend is expected to significantly boost the corrugated pipe market growth during the forecast period. Buy this Complete Business Research Report: Raw Material Volatility and Environmental Concerns Limiting Growth The future corrugated pipe market outlook looks promising. However, fluctuating raw material prices and growing environmental concerns may restrain market growth to some extent during the forecast period. Corrugated pipes are mostly made from materials like PVC, polypropylene, and HDPE. These materials are derived from petrochemicals and are therefore subject to the volatility of global oil and gas markets, which can adversely affect production costs and market stability. Moreover, usage of non-biodegradable plastics in corrugated pipes is raising environmental concerns, prompting governments to introduce stringent environmental regulations. These regulations might also limit overall corrugated pipe market demand during the forecast period. Rising Demand from Agriculture Industry Creating Lucrative Growth Opportunities The agriculture industry is expanding steadily due to rising global food demand and increasing adoption of advanced agricultural technologies. This trend is creating lucrative growth opportunities for corrugated pipe companies during the forecast period. Corrugated pipes are increasingly used in agricultural applications like drainage and irrigation systems. This is due to their flexibility, lightweight, and ease of installation. Their growing usage in the agriculture sector is set to boost sales growth. Similarly, increasing government initiatives promoting modern farming practices will uplift corrugated pipe demand. Emerging Corrugated Pipe Market Trends Increasing adoption of corrugated pipes in stormwater management is a key trend shaping the market. Climate change and rising instances of heavy rainfall are driving demand for advanced stormwater management solutions, including corrugated pipes. These pipes are ideal for such systems due to their durability, lightweight nature, and resistance to environmental conditions like corrosion. Rise in smart cities projects is expected to bolster sales of corrugated pipes during the assessment period. These pipes are widely used for drainage systems and cable protection in urban infrastructure. Growing awareness about the benefits of corrugated pipes is also contributing to market expansion. Corrugated pipes are more lightweight, cost-effective, corrosion-resistant, and easy to install compared to traditional piping systems. These advantages are driving their adoption across residential, industrial, and commercial sectors, thereby boosting the market. Expansion of broadband networks, 5G infrastructure, and power grid modernization is driving increased demand for protective piping systems like corrugated pipes. These pipes are widely used to shield underground power cables and fiber optic lines from environmental damage, mechanical stress, and moisture. Another emerging trend in the corrugated pipe market is development of smart pipe technologies. Leading manufacturers of corrugated pipes are integrating sensors and smart monitoring systems for leak detection and improved system performance. Some companies are also focusing on using recycled and bio-based materials to reduce environmental impact. These innovations are expected to create new revenue streams for the corrugated pipe industry in the coming years. Analyst's View 'The global corrugated pipe industry is poised to grow significantly, owing to increasing infrastructure development, expanding usage of corrugated pipes in agriculture, and advancements in material technology,' said Yash Doshi, a senior analyst at CMI. Current Events and Their Impact on the Corrugated Pipe Market Competitor Insights Key companies in the corrugated pipe market report: - Bina Plastic Industries Sdn. Bhd - Pacific Corrugated Company - Dura Life India - Jain Irrigation Systems Ltd. - Fränkische Industrial Pipes Gmbh - Pars Ethylene Kish Co. - Contech Engineered Solutions LLC - JM Eagle Inc. - Crown Pipes - Dutron - Jindal Plast - Jagannath Industries - Shree Darshan Pipes - Mipa Industries - Kuzeyboru Key Developments In May 2025, SIBUR unveiled a new grade of polypropylene called PPI003 EX for the production of corrugated pipes. The new formulation features improved strength characteristics, making it ideal for sewer and drainage infrastructure, where such pipes are commonly used. In April 2024, Ameritex Pipe & Products announced the construction of a new facility at its Conroe, Texas, campus for producing HDPE/PP corrugated plastic pipes. The new facility will help the company address the growing demand for corrugated plastic pipes in the region. Detailed Segmentation- By Type: Polyethylene (PE) Corrugated Pipes Polypropylene (PP) Corrugated Pipes PVC Corrugated Pipes HDPE Corrugated Pipes Others By Applications: Agriculture & Horticulture Drainage Road & Highways Drainage Structural Drainage & Culverts Sewerage & Waste Water Systems Others About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Globe and Mail
7 days ago
- Business
- Globe and Mail
Mold Remediation Service Market to Surpass USD 1,751.9 Million by 2032 Amid Increasing Water Damage Cases
Mold Remediation Service Market is estimated to be valued at USD 1,340.3 Mn in 2025 and is expected to reach USD 1,751.9 Mn in 2032, exhibiting a compound annual growth rate (CAGR) of 3.9% from 2025 to 2032. Residential mold restoration services encompass water damage repair, mold remediation, odor removal, weather damage repair, board-up services, and fire damage restoration. Common causes of mold growth during construction include insufficient building protection, inadequate site drainage, water accumulation in basements, and related moisture issues. Global Mold Remediation Service Market Key Takeaways According to Coherent Market Insights (CMI), the global mold remediation service market size is projected to surpass USD 1,751.9 Mn by 2032, up from USD 1,340.3 Mn in 2025. Global demand for mold remediation services is expected to grow at a moderate CAGR of 3.9% during the assessment period. Based on service, remediation segment is set to account for 63.4% of the global mold remediation service market share in 2025. By application, residential segment is slated to dominate the mold remediation service market during the forecast period. North America is poised to maintain its market dominance, accounting for over one-third of the global industry share in 2025. Asia Pacific is anticipated to remain the second-leading market for mold remediation services during the forecast period. Rising Incidence of Water Damage Boosting Market Growth Coherent Market Insights' latest mold remediation service market research report highlights key factors driving market growth. One such key growth driver is the increasing incidence of water damage due to extreme weather events as well as infrastructure-related issues. There has been a notable rise in cases of water leakage, flooding, and plumbing failures in residential and commercial properties, leading to mold growth. This is expected to drive sustained demand for mold remediation services during the forecast period. Mold remediation services play a critical role in identifying, containing, removing, and preventing mold contamination in buildings. These services are effective at addressing the root causes of mold proliferation, especially moisture issues, through comprehensive mitigation strategies. High Cost and DIY Trend Limiting Market Growth The future mold remediation service market outlook looks optimistic. However, high cost of professional mold remediation and growing popularity of do-it-yourself solutions may constrain market growth to some extent during the forecast period. Professional mold removal services can be expensive, especially in cases involving widespread contamination. These high costs can deter many homeowners and businesses from seeking professional help, potentially reducing overall mold remediation service market demand. Moreover, many people prefer to address mold issues themselves through DIY mold cleaning kits and online guides. This trend might further restrain growth of the mold remediation service market. Rising Awareness of Health Risks Creating Lucrative Growth Opportunities People across the world are becoming increasingly aware of the health issues associated with mold exposure, including respiratory infections and allergic reactions. This growing awareness is prompting them to invest in timely mold remediation, opening lucrative opportunities for mold remediation service providers. Similarly, regulatory bodies like the U.S. EPA and OSHA have established mold inspection and removal standards. These regulations encourage property owners and facility managers to seek professional mold remediation services, further supporting industry growth. Impact of AI on the Mold Remediation Service Market Artificial intelligence (AI) integration is improving service quality, minimizing human error, and boosting customer satisfaction in the mold remediation industry. It is changing the way companies detect, assess, and manage mold-related issues. AI-powered tools like smart sensors and image recognition software enable early detection of mold growth. They help in reducing property damage and remediation costs. Predictive analytics helps professionals assess risk areas and optimize treatment plans. Similarly, automation streamlines inspection and documentation processes. Emerging Mold Remediation Service Market Trends A key trend in the mold remediation service market is the growing adoption of advanced technologies like moisture meters, infrared cameras, and HEPA filtration systems. These tools significantly enhance accuracy, efficiency, and effectiveness of remediation efforts. This technological shift is expected to be a key driver of growth in the mold remediation service industry. Rise in construction and renovation activities is likely to boost the mold remediation service market growth during the forecast period. These activities often disrupt insulation or water systems, potentially leading to mold issues. As a result, the demand for mold remediation services is expected to rise in both residential and commercial sectors. Leading mold remediation service providers are increasingly adopting green cleaning agents and mold prevention products in response to growing environmental and health concerns. This trend toward eco-friendly and non-toxic solutions is expected to contribute to the growth of the mold remediation service industry in the coming years. Analyst's View 'The global mold remediation service industry is poised to experience moderate growth, owing to rising incidence of water damage, increasing health awareness, implementation of stringent regulations, and growing demand for indoor air quality management across residential and commercial sectors,' said Yash Doshi, a senior analyst at CMI. Current Events and Their Impact on the Mold Remediation Service Market Event Description and Impact Record-Breaking Floods in the U.S. and Europe (2024–2025) Description: In 2024 and early 2025, unprecedented flooding hit parts of California, Texas, Germany, and Northern Italy due to atmospheric rivers and changing rainfall patterns. Impact: This led to a surge in mold remediation demand in affected regions as insurers and homeowners prioritize structural recovery. Rising Litigation Over Indoor Mold Exposure in Schools and Public Buildings Description: Multiple lawsuits have been filed in 2024 across the U.S. (notably in New York) concerning mold-related illnesses due to poor facility maintenance. Impact: These legal pressures are prompting municipalities and school districts to invest in certified mold remediation and preventive maintenance services. AI and Drone Integration in Mold Inspection Description: In 2025, startups and large environmental service firms introduced AI-enabled sensors and drones for mold detection in high-risk or inaccessible areas. Impact: These innovations enhance scalability, reduce labor time, and create a competitive edge for tech-integrated mold remediation service providers, especially in commercial and industrial segments. Competitor Insights Key companies in the mold remediation service market report: - 911 Restoration - AdvantaClean - ADU (All Dry USA) - ASAP Restoration, LLC - PuroClean - BELFOR - All US Mold Removal - COIT Pro - Flood Pros USA - IDC - Mold Zero - GIORDANO RESTORATION - Paul Davis Restoration, Inc. - Snyder Environmental - Restoration Pro - ServiceMaster Restore - RestoreMasters LLC - SERVPRO - Taylored Restoration - South Florida Water and Mold Restoration, Inc. Key Developments In January 2025, The Mold Genius launched a new comprehensive mold remediation service across the Chicagoland and the Northwest suburbs. The new service looks to bring pure cloud technology and expert solutions to home owners. It aims to revolutionize how homeowners address mold issues and indoor air quality concerns. In June 2024, Mold Remediators USA launched new remediation and removal services across the nation. This expansion aims to provide faster, certified mold solutions to both residential and commercial clients nationwide. Detailed Segmentation: Global Mold Remediation Service Market, By Surface Type: Drywall Wood Products Ceiling Tiles Carpets Others Global Mold Remediation Service Market, By Mold Type: Allergic Pathogenic Toxic Global Mold Remediation Service Market, By Service: Inspection Remediation Restoration Global Mold Remediation Service Market, By Application: Residential Commercial Industrial About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Globe and Mail
21-07-2025
- Business
- Globe and Mail
Network Management System Market Forecast Predicts Significant CAGR Growth of 9.6% by 2032
Network Management System Market is estimated to be valued at USD 11.08 Bn in 2025 and is expected to reach USD 21.06 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 9.6% from 2025 to 2032. The growing adoption of automation technologies across diverse industries, combined with increasing network complexity, is driving demand for advanced network management systems. Between 2022 and 2025, significant advancements in artificial intelligence (AI) and machine learning have enhanced network analytics and automation, leading to improved operational efficiency. Additionally, the rapid proliferation of IoT devices, ongoing 5G deployment, and heightened demand for robust cybersecurity solutions are expected to further propel market growth. Request Sample Pages: Global Network Management System Market Key Takeaways According to Coherent Market Insights (CMI), the global network management system market size is expected to grow at a CAGR of 9.6%, increasing from USD 11.08 Bn in 2025 to USD 21.06 Bn by 2032. By component, solution segment is expected to dominate the industry, accounting for a market share of 68.4% in 2025. Based on deployment, on-premises category is likely to hold a prominent market share of 56.2% in 2025. Large enterprises segment is projected to account for more than half of the global network management system market share in 2025. North America is set to lead the global market, accounting for over one-third of the industry share in 2025. As per CMI's new network management system market analysis, Asia Pacific is expected to experience fastest growth during the projection period. Rising Network Complexity Fueling Market Growth Coherent Market Insights' latest network management system market research report offers insights into major factors driving industry growth. Increasing network complexity is one such key growth factor. Rising penetration of connected devices is making modern networks more complex. This is expected to drive demand for network management systems, as these solutions enable businesses to monitor, manage, and optimize their increasingly complicated network infrastructures. High Costs Limiting Network Management System Market Growth The future network management system market outlook looks promising. However, growing high initial investment costs could somewhat constrain market expansion over the forecast period. Advanced NMS solutions require significant upfront expenditures in hardware and software components. As a result, many organizations, particularly small and medium-sized enterprises, struggle to allocate the necessary budget for implementation. This financial barrier could slightly slow down network management system market demand during the forecast period. Increasing Cybersecurity Threats Unlocking New Growth Opportunities Cyberattacks are becoming more sophisticated, with modern cybercriminals employing advanced technologies like AI to create deepfakes and automated attack strategies. As a result, ensuring robust network security remains a top priority for businesses. Network management system (NMS) solutions play a key role in enhancing cybersecurity. They help to identify vulnerabilities, monitor unusual network activities, and ensure compliance with security protocols. Some NMS platforms incorporate advanced features like intrusion detection and prevention systems (IDPS), further strengthening network defenses. Thus, rising incidence of cyberattacks is expected to create lucrative growth opportunities for network management system companies during the forecast period. Get Customization on this Report: Impact of AI on the Network Management System Market Artificial intelligence (AI) is becoming a powerful tool in the network management system (NMS) market. This advanced technology drives automation, enhances predictive capabilities, and bolsters security. AI-enabled tools help automate routine tasks like device configuration, traffic routing, and load balancing. By doing so, they significantly reduce operational overhead and minimize human error. Similarly, predictive analytics powered by machine learning can forecast network issues before they occur. This enables pre-emptive maintenance and reduce downtime. Real-time monitoring and anomaly detection tools swiftly identify and resolve performance dips or security threats. They help businesses optimize bandwidth usage and improve user experience. When it comes to security, AI-driven NMS significantly enhances threat detection and response times. Emerging Network Management System Market Trends Rising popularity of cloud-based network management systems is a key trend in the market. Cloud-based NMS solutions are gaining immense traction due to the broader shift toward cloud computing, offering advantages like scalability, ease of deployment, and cost-effectiveness. Increasing penetration of 5G, especially across nations like China, is expected to boost growth of the network management system market. 5G's need for low latency and high bandwidth demands advanced NMS tools to manage complex networks, real-time traffic, and key applications like IoT, self-driving tech, and AR/VR. Emergence of software-defined networking (SDN) and network function virtualization (NFV) presents significant opportunities for network management system vendors. Enterprises are increasingly adopting SDN and NFV to modernize their networks, enhance agility, reduce operational costs, and accelerate service innovation. In response, NMS vendors are integrating advanced capabilities for programmability, abstraction, and orchestration to manage virtualized infrastructure and network functions effectively. Ongoing digital transformation initiatives will likely play a key role in boosting the network management system market value. As organizations undergo rapid digitalization, they rely more on robust, scalable, real-time networks. This is driving demand for advanced NMS solutions to ensure connectivity, security, and performance. Analyst's View 'The global network management system industry is set for robust growth, owing to increasing network complexity, rising incidence of cyberattacks, growing popularity of cloud-based NMS solutions, and expanding adoption of IoT and connected devices across industries,' said Ankur Rai, a senior analyst at CMI. Competitor Insights Key companies in the network management system market report: - Broadcom CA Technologies - Cisco - Paessler - Micro Focus - Nokia - Juniper Networks - Progress - Huawei - Kentik - HelpSystems - Ericsson - AppNeta - Dell Technologies, Inc. - Hewlett Packard Enterprise Company Buy this Complete Business Research Report: Key Developments In June 2025, Cisco introduced a new secure network architecture aimed at accelerating workplace AI transformation. The new network architecture simplifies network operations, delivers exponential performance, and fuses security into the network. In December 2024, Alcatel-Lucent Enterprise introduced Fleet Supervision, a new cloud-based network inventory management solution. The new solution is designed to help organizations manage increasing network complexity, ensure software compliance, and support security needs. In November 2024, Broadcom launched VeloRAIN (robust AI networking) architecture that uses AI and machine learning to enhance the performance and security of distributed AI workloads. About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviours, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
Globe and Mail
21-07-2025
- Business
- Globe and Mail
Construction Materials Market to Exceed USD 1.57 Trillion by 2025, Fueled by Booming Residential and Commercial Construction
The global construction materials market is estimated to be valued at USD 1.57 Tn in 2025 and is expected to reach USD 2.47 Tn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032. Rising urbanization and the surge in infrastructure development projects in both developed and developing nations are set to significantly boost the demand for construction materials. Moreover, increasing investments in non-residential construction—particularly in commercial complexes, healthcare facilities, and transportation infrastructure—are anticipated to further propel market growth. Global Construction Materials Market Key Takeaways According to Coherent Market Insights (CMI), the global construction materials market size is projected to reach a whooping USD 2.47 Tn by 2032, up from USD 1.57 Tn in 2025. Global demand for construction materials is slated to increase at a CAGR of 6.7% during the forecast period. Cement is expected to remain a highly sought-after material type during the assessment period, generating a market revenue of around USD 0.47 Tn in 2025. Residential construction is likely to remain the most lucrative application for construction materials, accounting for a global market share of 43.9% in 2025. North America is slated to lead the industry, accounting for more than 3/5 of the global construction materials market share in 2025. As per CMI's new construction materials market analysis, Asia Pacific is poised to witness fastest growth over the forecast period. Residential and Commercial Construction Boom Spurring Market Growth Coherent Market Insights' latest construction materials market report highlights key factors driving market growth. One such key growth driver is the ongoing boom in residential and commercial construction. Rapid urbanization and population growth in emerging economies like China and India are increasing demand for housing and commercial infrastructure, such as shopping malls and office spaces. This rising demand is expected to fuel consumption of construction materials over the forecast period. Fluctuating Raw Material Prices Limiting Market Growth The future construction materials market outlook looks optimistic. However, fluctuating prices of essential raw materials may constrain market growth to some extent during the forecast period. Key construction materials like cement, lumber, and steel often experience high price volatility due to factors like geopolitical tensions, supply chain disruptions, and inflation. This pricing instability can negatively impact construction materials market demand, as it raises project costs and delays construction activities. Buy this Complete Business Research Report: Increasing Infrastructure Spending Creating Growth Opportunities Governments in nations like China and the United States are significantly investing in large-scale infrastructure projects, including roads, railways, bridges, and smart cities. For example, according to the U.S. Census Bureau, total construction spending in the United States reached approximately USD 841 billion during the first five months of 2025. This continued increase in infrastructure investment is anticipated to generate substantial growth opportunities for construction material companies throughout the forecast period. Impact of AI on the Construction Materials Market Artificial Intelligence (AI) is positively impacting the construction materials market. It enhances efficiency, reduces costs, and improves decision-making. AI helps manufacturers forecast demand, optimize inventory, and streamline supply chain operations. In construction, AI-driven technologies enable real-time quality control, automate material testing, and support development of innovative, sustainable materials. AI also facilitates smart construction planning by integrating material data with project timelines, leading to reduced waste and improved resource utilization. Overall, AI is fostering a more data-driven and sustainable approach in the construction materials industry. Emerging Construction Materials Market Trends Sustainability and green building trends are significantly driving the growth of the construction materials industry. Homeowners and builders are becoming increasingly aware of the environmental impact of construction practices. This is boosting demand for recyclable, low-carbon, and energy-efficient materials. Another prominent growth-shaping trend in the construction materials market is the increasing renovation and remodeling activities. Homeowners, especially in developed nations, are increasing investments in home renovation projects. This trend is expected to fuel sales of construction materials like cement and metals. Technological advancements in building materials are positively shaping the target industry. Leading companies are striving to develop eco-friendly, sustainable, and lightweight materials, such as green cement and precast concrete, to improve construction efficiency and help end users comply with environmental regulations. Many industry players are shifting their focus towards creating smart construction materials, including self-healing concrete and carbon fiber composites that offer energy efficiency and longer durability. For instance, in 2024, Basilisk Self-Healing Concrete was launched in the United States. These innovations are expected to boost the construction materials industry value and growth. Rise of prefabrication and modular construction is unlocking new growth opportunities for construction material companies. There is a growing trend towards using prefab and modular construction techniques across various regions. This drives demand for specialized materials for off-site manufacturing and usage. Analyst's View 'The global construction materials industry is poised to experience strong growth, owing to expanding residential and commercial construction activities, increased infrastructure investments, rising adoption of green building practices, and ongoing advancements in building material technologies,' said Yash Doshi, a senior analyst at CMI. Current Events and Their Impact on the Construction Materials Market Competitor Insights Key companies listed in the construction materials market research report: - HeidelbergCement - LafargeHolcim - CRH plc - Martin Marietta Materials, Inc. - Cemex S.A.B. de C.V. - Lehigh Hanson, Inc. - Boral Limited - Saint-Gobain - Groupe Eiffage - Taiheiyo Cement Corporation - Anhui Conch Cement Company - China National Building Material Group Corporation - UltraTech Cement Limited - Knauf GIPS KG - James Hardie Industries plc - Kiewit Corporation - Fletcher Building Limited - Sika AG - Ytong (Xella Group) - BASF SE Key Developments In April 2024, Navrattan Group announced plans to introduce green cement in India. This eco‑friendly alternative to conventional Portland cement is designed to reduce carbon emissions and lessen the environmental impact of concrete production, while maintaining performance and durability. In October 2024, CRH Ventures introduced a new accelerator program, Sustainable Building Materials. This program is aimed specifically at early‑stage startups in ConTech and ClimateTech. Its mission is to support market‑ready solutions that minimize waste, reduce emissions, and improve energy efficiency across the construction value chain. In January 2024, Heidelberg Materials launched evoBuild, a new global brand for low-carbon and circular products. This move is aimed at strengthening the company's presence in the building materials industry.
New Indian Express
20-07-2025
- New Indian Express
Holidays in hell
The number of dark-themed sites is growing fast. 'It's partly because more people are travelling than ever before. As tourist numbers grow, so too does the development of new attractions to meet that demand,' says Dr Duncan Light, a principal academic at Bournemouth University. The numbers tell the story. In 2024, New York's 9/11 Memorial and Museum drew 14 million visitors. Hiroshima's Peace Memorial welcomed 2.2 million, including nearly three-quarters of a million international visitors. Auschwitz saw 1.83 million pass under its gate. On a single day, 36,000 people wandered the volcanic ghosts of Pompeii in Italy. According to Coherent Market Insights, the dark tourism industry is projected to be worth USD 32.76 billion by 2025, and almost USD 40 billion by 2032. Countries like the US, Canada, Germany, France, the UK, India, Sri Lanka, Argentina, and Brazil are driving the boom. Some, like Pompeii and Hiroshima, are historical mile-markers. Others are heartbreakingly recent. In Israel, the site of the 2023 Nova music festival, where a Hamas attack left hundreds dead, is now a makeshift memorial. Dark tourism isn't always about war. In Japan, trekkers move quietly through Aokigahara, the eerie forest at the foot of Mount Fuji known for suicides. In the UK, the village of Eyam recalls an act of self-sacrifice: villagers quarantined themselves during the plague, sealing their own fate to protect others. In Dallas, US, visitors peer from the very window that changed American history: JFK's assassination. At Jallianwala Bagh, bullet holes from the 1919 massacre have been preserved. Amritsar's Partition Museum, the Cellular Jail in the Andamans, and the battlefields of Panipat all bear the imprint of violence and resistance. In Varanasi, tourists gather not to mourn but to witness ritual: fire-lit funeral pyres along the Ganges. 'Tours like 'Death & Rebirth' in Varanasi or the 'Tantrik Temples' attract foreign travellers,' says Dr Nitasha Sharma, a lecturer at the University of Alabama, who specialises in the perception of dark tourism. Elsewhere, in Delhi, the rise of 'Djinn walks' has captured the imagination of local youth.
