Guarding revenues reached $29 billion in 2018 and represented 43% of private security service revenues. Guards are valued for their visible, physical presence, which can deter potential crimes.

Global demand for windows is forecast to increase 4.5% per year to $138 billion in 2023. Vinyl windows are projected to account for the fastest growth in value terms, spurred by: • cost and performance advantages of PVC products, especially in developing regions where market penetration has not advanced as far as in higher income areas • rising income levels and more stringent energy efficiency requirements, which support purchases of higher quality, costlier products

Global demand for metal cutting tools is forecast to climb 3.4% per annum through 2023 to $80.9 billion, driven by: • solid advances in global durable goods production capacity, particularly in developing countries such as India, China, and Russia • a shift in the product mix toward higher value, more technologically advanced products as manufactures work to boost output, increase efficiency, and produce more sophisticated end products • an ongoing transition to more expensive, automated models aided by research and development

Global demand for automatic valves is forecast to rise 4.8% per year to $46.7 billion in 2023. These products will account for an increased share of the global market, continuing a long-term trend toward greater automation across industries.

Plastic roofing is forecast to post the strongest annual increases of any major low-slope roofing product through 2023, rising 1.5% per year, due in part to its ease of installation and low maintenance requirements. TPO remains the leading plastic roofing type, supported by its lower cost and comparable performance properties to PVC roofing.

According to the Global Silicones study, key market opportunities for silicones include solar panels in the electrical equipment segment; sensors and electric vehicles in the transportation market; medical adhesives and disposable medical devices; and components for cell phones, computers, and LEDs in the electronics market.

Demand for hoses is forecast to increase 3.5% per year to $615 million in 2023, supported by an improved economy and the development of higher quality products that are most desired by consumers. Growth will be more broad-based compared to the previous five-year period, when the introduction of expandable hoses and new lightweight hoses drove nearly all sales gains.

According to the study Global Construction Chemicals, demand for protective coatings and sealers is projected to increase 5.1% per year to $25.2 billion in 2023. Growth will be boosted by ongoing gains in construction activity globally, as well as increasing demand for higher value, better performing products with improved functionality.

Demand for wipes used in healthcare settings is expected to increase 3.8% per year to $594 million in 2023. Gains will be driven by: • robust growth in hard surface disinfectant wipes sales, following concerns over the risk of cross-contamination and HAIs • continued adoption of wipes over alternative products, such as cloth rags and paper towels • advances in product innovation, encouraging new adoptions of wipes as well as higher pricing and market value • an aging population and increasing need for senior care

Fiber cement siding demand is forecast to grow 2.5% annually through 2023 to 22.1 million squares, valued at $1.7 billion. Fiber cement is the second largest siding material and will record healthy gains over this period because of the material’s: • ability to mimic the look of natural wood more effectively than vinyl products • increased use in high-end buildings as product quality continues to improve • affordability relative to brick and natural stone, whose aesthetics it can also replicate