Here's when the new UK tax rates kick in
The global gypsum board market accounted for 13,548. 95 million square meters in 2021 and the market is likely to grow with a CAGR of over 6%, during the forecast period. The market was negatively impacted by COVID-19 in 2020.
New York, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Gypsum Board Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" - https://www.reportlinker.com/p06316172/?utm_source=GNW However, the market has recovered significantly in 2021, owing to rising consumption from various end-use applications including residential, commercial sectors, and others. Key Highlights Over the short term, key factors driving the growth of the market studied include, increasing product demand for residential construction and rising repair activities across the globe. However, gypsum boards are prone to water damage, owing to their hygroscopic properties. They easily tend to absorb and retain water. Also, dumping gypsum boards in landfills can result in environmental issues such as leaching toxic chemicals into the groundwater and releasing methane gas. Such factors are hindering the studied market’s growth. Nevethless, future investments in the construction sector is expected to create lucrative growth opportunities for the major players operating in the global gypsum board market over the forecast period. Key Market Trends Increasing Product Demand from the Residential Sector The increasing demand for residential projects worldwide is expected to drive the global gypsum board market over the forecast period. Globally, there has been a significant undersupply to meet the demand for housing. This presented a major opportunity for investors and developers to embrace alternative methods of construction and new partnerships to bring forward development. Gypsum board is used as a covering material for interior walls and ceilings in residential buildings. In addition, the product is used in building lightweight and durable walls. The low cost and lesser construction time required are factors benefiting the demand for these boards in the residential sector. Major cities in economies including China, India, Brazil, Argentina, and others are expanding and require additional housing to accommodate people who are migrating from various regions of the country. The primary drivers of the growth of the gypsum market are as follows, the rising trend of home construction, rapid urban migration in major economies, increased government spending in the real estate market for residential construction, along with the growing demand for high-class residential homes. In addition, the gypsum market is being driven by rising real estate costs, particularly the development of single-family homes and multistory apartments in emerging economies. The market is expanding as a result of the rapidly expanding urban population and the rise in housing demand. Residential construction widely relies on a variety of gypsum products such as gypsum boards, panels, finish compounds, and accessories. One of the factors driving demand for the residential construction market in China is the rising pace of urbanization, noting that at the end of 2020, China’s urbanization ratio was around 64% and this ratio is expected to rise over the next five years up to 70% to 75%. Between 2000 and 2020, an estimated 415 million new residents settled in China’s cities, and an estimated 208 million will settle by 2040, according to estimates by the United Nations. The Indian government has been actively boosting housing construction, as it aims to provide homes to about 1.3 billion people. The country is likely to witness around USD 1.3 trillion of investment in housing over the next seven years and is likely to witness the construction of 60 million new homes in the country. Furthermore, in the United Kingdom, with an investment of USD 333 million, the construction of a 40-story residential tower and a 14-story office building at Albion Street in Central Manchester was commissioned in the third quarter of 2021, with completion estimated by 2024. In January 2022, James Hardie Building Products Inc. released the results from a survey of 1,000 United States homeowners, stating the driving forces behind the home renovation boom during the COVID era. The survey illustrates the impact of homeowners’ concerns about severe weather on their home renovation spending and choices. Such trends are projected to augment the residential sector, thereby benefiting the demand for the gypsum board market over the forecast period. North America Region to Dominate the Market The North America region dominated the global market share. Rising regional residential, commercial and other construction activities are projected to benefit the product demand. The United States has one of the world’s largest construction industries, which accounted for USD 1,469.15 billion in 2020 and grew further in 2021. According to the US Census Bureau, overall, in the full year of 2021, construction spending accounted for USD 1,589.0 billion, 8.2% above USD 1,469.2 billion in 2020, thereby increasing the consumption of gypsum boards in the country. According to the Federal National Mortgage Association (Fannie Mae), residential house construction, including privately?owned housing units authorized by building permits in January, was at a seasonally adjusted annual rate of 1,899,000. This accounted for 0.7% above the revised December rate of 1,885,000 and 0.8% above the January 2021 rate of 1,883,000. ? Apart from these activities, the United States is one of the most powerful nations with strong economic growth, being home to the world’s giant companies like Google, Facebook, Apple, Microsoft, and Amazon, investing in constructing new offices and data centers in the United States. ? Furthermore, according to the American Institute of Architects, the overall non-residential building construction in the United States is expected to grow to 3.1% in 2022. The construction of hotels is expected to rise by 8.8% in 2022 and of office spaces by 0.1%. Moreover, in Canada, according to the Canadian Construction Association, the construction sector is one of Canada’s largest employers and a major contributor to the country’s economic success. The industry contributes 7% of the country’s Gross Domestic Product (GDP).? ?As part of the ‘Investing in Canada Plan,’ the government has announced plans to invest nearly USD 140 billion in infrastructure developments by 2028. ? In addition, various government projects, such as New Building Canada Plan (NBCP) and Affordable Housing Initiative (AHI), are supporting the sector’s growth. ?In Canada, the residential and commercial sectors have been witnessing steady growth in the recent past. All such ongoing and upcoming construction and renovation activities, coupled with the government’s refocus on the infrastructure sector, are expected to increase the demand for gypsum boards in the region at a noteworthy rate over the forecast period.? Competitive Landscape The global gypsum board market is consolidated at the top level with the presence of major players, such as Saint-Gobain, USGKnauf, and EtexGroup. These players occupy a significant share of more than 50% of the market. The market exhibits the presence of many players such as Georgia-Pacific LLC?, American Gypsum Company LLC?, and others operating in the regional market. Additional Benefits: The market estimate (ME) sheet in Excel format 3 months of analyst support Read the full report: https://www.reportlinker.com/p06316172/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Drinkers will save 7p on the price of a pint and 38p on a bottle of wine under an alcohol duty freeze as pubs brace for a tough winter in the cost of living crisis.
LONDON (Reuters) -German-owned discount supermarket Lidl GB has followed rivals in raising hourly pay rates for the second time this year as competition heats up to attract and retain staff in a tight labour market amid a cost of living crisis. The retailer said on Thursday it would pay workers outside of London a minimum of 10.90 pounds ($12.3) an hour, up from 10.10 pounds, and workers in London a minimum of 11.95 pounds, up from 11.30 pounds. The increases, benefiting over 23,500 workers, will take effect on Oct. 1 and cost Lidl GB 39.5 million pounds.
Major players in the mass notification system market are Siemens, Everbridge, Honeywell, Eaton, Motorola Solutions, Blackboard, IBM, Google, BlackBerry, Johnson Controls, Singlewire Software, American Signal Corporation, CrisisGo, Omnilert, Alertus, Metissecure, AtHoc Inc, Mircom, Klaxon Technologies, ATI Systems, Crises Control, AFA Protective Systems Inc and Airbus DS Communications.New York, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Mass Notifica
Sterling rose, after slipping to a fresh 37-year low, against a weakening U.S. dollar on Thursday ahead of a Bank of England meeting and after a slew of central banks' rate hikes. Traders were awaiting for an expected BoE interest rate hike at 1100 GMT with money markets pricing in at least a 50-basis point increase by the BoE in the face of red-hot inflation that is just off a 40-year high. This summer, rising interest rates in Britain have provided little support to sterling amid a gloomy outlook for Britain's economy and a cost of living crisis.
The deal will see Sainsbury’s sell the stores located across the south of England to real estate investment trust LXi REIT and then rent them back.
Some time has passed since we published a complete performance table for our Wealth Preserver portfolio, an omission we put right today.
Investments of more than half a trillion euros will be needed to modernise Europe's energy grid this decade, if countries are to succeed in ramping up wind and solar power to break free from Russian gas, a draft EU document showed. The European Commission is set to publish next week a plan to "digitalise" Europe's energy system, as well as laying out new emergency measures to tame sky-high gas prices and help cash-strapped energy firms this winter. The draft plan, seen by Reuters, said electricity grid investments of 584 billion euros are needed until 2030, to support the planned rapid uptake of electric vehicles, renewable energy and heat pumps, and shift away from fossil fuels.
Despite President Vladimir Putin's mobilisation order, the rouble hit its highest level versus the U.S. dollar and euro since July in trading in Moscow. Currency controls and month-end tax payments, which see Russia's exporters convert their foreign currency earnings into roubles to make payments to the treasury, are providing a boost to the rouble despite geopolitical headwinds, analysts say. The increased supply of foreign currency from exporters and reports of more sanctions against Moscow from the European Union, which make foreign currency investments less attractive, were supporting the rouble, said SberCIB Investment Research in a note.
France on Friday revised rules on biogas projects, adjusting tariffs for inflation and extending construction deadlines, in an effort to clear a backlog of farm investments. President Emmanuel Macron on Thursday pledged to cut red tape to halve the time it takes to get renewable projects off the ground, as an energy crisis fanned by the war in Ukraine gives urgency to alternative sources. France is the European Union's biggest agricultural producer but development of farm biogas using crops and livestock manure has been relatively modest, partly due to administrative delays and local opposition linked to pollution concerns.
Cask ales are becoming rarer at Britain’s pubs as the cost-of-living crisis prompts landlords to opt for longer-lasting kegs of craft beer, lager and ciders instead, a leading brewer has claimed.
Major players in the biorational market are Isagro SpA, Summit Chemical Company, Gowan Company LLC, BASF SE, Suterra LLC, McLaughlin Gormley King, Marrone Bio Innovations, Biological Control Products, Russell IPM Ltd, Valent BioSciences LLC, and Sumitomo Chemical.New York, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Biorational Global Market Report 2022" - https://www.reportlinker.com/p06317653/?utm_source=GNW The global biorational market is expected
The new, permanent cuts to stamp duty are effective from today
Summary Medical Devices sector report, “Vital Sign Monitors Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies, 2022 Update" provides comprehensive information about the Vital Sign Monitors pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress.New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of th
The nil rate stamp duty band has been doubled to £250,000, with the threshold for first-time buyers rising to £425,000.
Celia Marsh’s family say more people will die unless testing throughout food industry is improved
Conservative MP Robert Halfon, a long-time campaigner for lowering fuel duty, said petrol and diesel prices have been at historic highs’.
Kate Nicholls, chief executive officer of UKHospitality, said the Government ‘overlooked’ an opportunity to change the taxes.
The supermarket chain said more than 23,500 employees across the country will get a pay rise.
Canada on Thursday launched a long-awaited review of its cannabis regulations, four years after becoming the first major economy to legalize its recreational use.
Major players in the thermoforming plastic market are Fabri-Kal Corp, Berry Global Inc, Genpak LLC, D&W Fine Pack LLC , Amcor Ltd, Dart Container Corp, Anchor Packaging, Sabert Corporation , Sonoco Products Company, Placon Corporation, Greiner Packaging GmbH, Tegrant Corporation, and Silgan Plastics.New York, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Thermoforming Plastic Global Market Report 2022" - https://www.reportlinker.com/p06317645/?utm_sourc