Demand for oil and natural gas pipe is forecast to grow 11% annually to $15.4 billion in 2022, a strong recovery from severe declines seen during the 2012-2017 period. Growth will be driven by an expected increase in drilling activity as oil prices continue to recover from 2016 lows.

Activated carbon demand in industrial air purification totaled 343,900 metric tons in 2017. This market will see the fastest growth of the major global applications for activated carbon, with annual growth of 7.1% through 2022.

Foamed plastic insulation accounted for the largest share of the market in value terms in 2017. This type of insulation is used in all geographic regions and major end-use markets.

Demand for rubber conveyor belts in the Asia/Pacific region is forecast to advance 6.9% annually through 2022 to $4.4 billion. Gains will be well above the global average as ongoing industrialization efforts and rising mechanization rates in many regional mining markets bolster conveyor belt demand.

Demand for green roofing vegetation is forecast to grow 11% per year to $46.9 million in 2023. Vegetation is the most distinctive component of green roofing.

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Global demand for ball bearings is projected to increase 5.1% per year through 2022 to $40.0 billion, primarily due to increased production of electrical and electronic equipment, machinery, and motor vehicles.

Demand for plastic roofing is forecast to rise 1.5% annually to 27.21 million squares in 2022. TPO roofing membrane demand will account for 61% of plastic product share in 2022.

Global guard service revenues are projected to increase 6.0% per year to $145.2 billion in 2022. Growth will be driven primarily by gains in developing countries, with highly populous industrializing nations such as China and India contributing a particularly large share.

Global demand for surface mining machinery is forecast to rise 4.5% annually to $30.1 billion in 2022, due to: • growing aggregates, coal, and other material strip mining activity, which is supported by advances in construction and manufacturing activity • rising mechanization rates in developing nations around the world • incorporation of new technologies into trucks, excavators, loaders, and other surface mining equipment, which will fuel price growth Open strip mining continues to be the most economical way to extract surface deposits of many minerals, promoting high levels of demand for surface mining equipment globally through 2022 and beyond.