Manhole Covers Market

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Global Manhole Covers Market Research Report -
Forecast to 2021
www.marketresearchfuture.com
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Market Overview The global manhole covers
market is driven by the growing construction
sector. With a rising population and growing
real-estate industry the need for manholes has
become an important requirement. These fuels the
demand for manhole covers globally. Furthermore
increased government initiatives to strengthen
the civic system in countries of APAC drives the
market for manhole covers. The global manhole
covers market is expected to and reach US XX
Million at the end of the forecasted period and
is expected to show a staggering growth at CAGR
of X.X from 2016 to 2021. Get Free Sample
Report https//www.marketresearchfuture.com/sampl
e_request/1372
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Regional Analysis U.S. is also expected to see
moderate growth in the manhole covers market.
There are various ongoing and upcoming
airport/airbases construction projects which is
expected to fuel the demand for such manhole
covers. Operational inefficiencies, traffic
congestion, and limited access in and out of
terminals is a case in most of the US airports.
This is a result out of conventional
construction, and lack of funding. Airport
modernisation in America is expected to outpace
all other countries in the next few
years. Furthermore, The National Plan of
Integrated Airport Systems (NPIAS) identified
close to 3,400 existing and proposed airports
that are significant to U.S. air transportation
and thus are eligible to receive financial help
under the Airport Improvement Program (AIP). The
Federal Aviation Administration (FAA) is expected
to provide Congress with a 5-year estimate of AIP
development in every two years. Each year,
airports receive funding through AIP grants and
revenues from PFC user fees. In FY16, combined
AIP and PFC authority was approximately 6.5
billion. Such expansion measures fuels the demand
for manhole covers in the U.S. Browse Complete
Report Details
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Segmental Analysis Global Manhole Covers
Market is segmented in to 3 Key dynamics for an
easy grasp and enhanced understanding. Segmentati
on By Type Comprises - Metal cap, Regenerated
resin, High strength steel fiber cement concrete,
and others. Segmentation By Application
Comprises - Municipal, Airport ports, and
Others Segmentation By Regions Comprises
Geographical regions North America, Europe,
APAC and Rest of the World
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Competitive Analysis The key players adopted
various strategies to retain and/or expand their
market share. The key strategies followed by most
companies within the manhole cover market were
mergers acquisitions followed product
development. Mergers acquisitions strategy
enables the companies to achieve sustainable
development. The motive behind such acquisitions
vary from expanding geographical presence to
improving operational efficiencies. EJ Group,
Inc. (U.S.), Eagle Manufacturing Group (U.S.),
OPW Fibrelite, Crescent Foundry (U.S.), Aquacast
Ltd. (U.K.), Arcova Ltd. (U.K.), DKG Manhole
Covers (Canada), Ducast Factory L.L.C (UAE), and
Polieco Group (Italy) are some of the prominent
players at the forefront of competition in the
global manhole covers market and are profiled in
MRFR Analysis.
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