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Global spraying and plastering machines market to grow at a CAGR of 6.98% during the period 2017-2021

03-02-2017 08:45 AM CET | Industry, Real Estate & Construction

Press release from: Market Research Provider [MRH]

Machine Industry

Machine Industry

The market study covers the present scenario and growth prospects of the global spraying and plastering machines market for 2017-2021. The report also lists residential construction sector and commercial construction sector as the two main end-user segments for the spraying and plastering machines market, with the residential segment expected to undergo rapid growth during the forecast period.

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The working principle of a spraying and plastering machine is very simple. The plastering machine is composed of a machine body, a plastering trowel, and two uprights that support the machine's upward and downward movements. These uprights are fixed between the roof and the floor and the machine is filled with the premixed material, which reaches the plastering trowel through a conveyor belt. The machine goes up and down against the wall, thus plastering the wall in an efficient manner. The global spraying and plastering machines market to grow at a CAGR of 6.98% during the period 2017-2021.

Covered in this report:

The report covers the present scenario and the growth prospects of the global spraying and plastering machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of spraying and plastering machines.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Market Research Hub’s report, Global Spraying and Plastering Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The global spraying and plastering machines market is highly fragmented and competitive due to the presence of a large number of vendors that are concentrated in APAC, especially in countries like China and India. One of the major factors responsible for the growing demand for machinery is the increasing number of investments in the residential construction sector. Also, one of the challenging factors experienced by these vendors includes lack of awareness about the products in the construction industry, which arises the need for education among these users about machinery's advantages and the savings.

Key vendors

Anex Industrial
Bunker
KAPPA BUILDING MACHINES
Risen Machinery
RBM Building Machinery
Other prominent vendors
AM3P
Bapro
Boke Makina Kalip imalat Sanayii
CONSMAC Machinery

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About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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