Scope of the Study
Over the past couple of decades, industrialization and land development have been increased robustly across the globe, which has ultimately increased the demand for construction tools and heavy equipment. In addition to this, masonry tools provide uniform designs and less material requirement. Moreover, it simplifies the construction procedures. Masonry tools include a number of equipment such as masonry trowels, masonry chisels, masonry jointers, masonry miscellaneous and others. Also, the inclusion of masonry tools has increased automation in construction procedures.
The market study is being classified by Type (Masonry Trowels, Masonry Chisels, Masonry Jointers, Masonry Miscellaneous and Other), by Application (Professional Construction and Amateur Use) and major geographies with country level break-up.
Bon Tool Co. (United States), Lowe's Companies, Inc. (United States), Marshalltown Company (United States), Arizona Masonry Guild Inc (United States), Kraft Tool Company (United States, Irwin Industrial Tools (United States), San Antonio Masonry (United States), John Stortz & Son Inc. (United States), W. Rose (United States) and Everhard Industries Pty Ltd (Australia) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Proppa Tools Pty Ltd. (United States).
The Manufacturers having a strong hold in the market are Bon Tool Co., Lowe's Companies, Marshalltown Company, Arizona Masonry Guild, and Kraft Tool Company. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Masonry Tools market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Masonry Tools market by Type, Application and Region.
On the basis of geography, the market of Masonry Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Masonry Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Industrialization and Increasing Demand for Efficient Building Tools
- Continues Technological Developments in Producing Masonry Tools
- Growing Adoption of Robotics and Automation in Masonry Tool Development
- Tedious, Monotonous, and Dangerous Manufacturing Tasks have been Automated
- Lack of Awareness and Stagnate Construction Development from Under Developed Economies
- Higher Initial Investments for Constructing Masonry Tools
- Masonry is a Non-Flammable Product and has the ability to Protect Occupants and other Valuable Things
- Use of Bricks, Concrete Blocks, and many others improve Thermal Mass of Production Site
- Increasing Distribution and Labor Cost across the Globe
- Atmospheric Challenges Regarding Initial Construction Phase
In May 2019, Bon Tool Co's offering of contractor-grade hand tools has been expanded with a line of forged steel masonry trowels marketed under the label Keystone Forged Masonry Trowels by Bon. The blade and shank of the new trowels are precision forged from a single piece of specially formulated carbon steel, making them consistently strong throughout. The production of this trowel sets a new performance standard for masons. Unlike trowels which are welded, the forging process of Bonís Keystone ForgedTM Trowels eliminates any internal voids in the blade.
Key Target AudienceMasonry Tools Manufacturers, Masonry Tools Distributors and Traders, Masonry Tools Upstream and Downstream Buyers, Construction Equipment OEMs, Government Agencies, Construction and Building Material Industry Associations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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