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.

Demand for residential garage doors is forecast to increase 4.8% per year to $2.2 billion (3.2 million units) in 2022. Overall, sales growth will be driven by: • continued healthy advances in new housing construction • strong increases in residential improvement spending • homeowner tendency to trade up to better quality, more expensive products (such as by replacing standard steel garage doors with models featuring improved insulation or glass panels) • ongoing emphasis on boosting curb appeal and property value by investing in higher priced garage doors

Demand for antioxidants in lubricant applications is expected to increase 1.5% per year to 194.9 million pounds in 2022. Among lubricant additives, antioxidants are expected to exhibit one of the strongest growth rates in volume terms through 2022, and they will also see healthy price gains.

Global demand for motorcycle tires is projected to rise 4.0% annually through 2022 to 704 million units valued at nearly $14 billion. Advances in motorcycle tire sales will outperform the global tire average as growth in the production and use of motorcycles outpaces that of motor vehicles.

Global demand for paperboard cups and lids is projected to increase 4.0% annually to $10.2 billion in 2022. Paperboard usage will continue to grow, in part because many of the faster growing markets – especially in the Asia/Pacific region – are more reliant on paper cups for foodservice and instant noodle packaging than foam cups, which have more of a market presence elsewhere.

The Asia/Pacific region is by far the largest producer of farmed fish and the largest market for aquaculture supplies and equipment. Rising fish demand has supported the use of increasingly intensive aquaculture practices, requiring higher investment in aquaculture inputs.

Demand for power lawn and garden equipment among residential users is forecast to rise 2.9% annually to $7.9 billion in 2022, slightly slower than growth among commercial users. An increase in the single-family housing stock will expand the demand base for power lawn and garden equipment.

Global new housing construction levels are forecast to increase 2.0% per year to 60.6 million units in 2022. Together, India and China are forecast to account for over 33% of the new homes built worldwide through 2022.

Demand for chests and cabinets totaled $1.7 billion in 2017, accounting for the largest share of tool storage demand in a continuation of historical trends. Chests and cabinets are priced much higher than other tool storage products, which partially accounts for the high dollar sales.

Demand for pouches used in candy and snack food packaging is forecast to increase 3.8% annually through 2022 to $3.4 billion. The fastest gains are expected for smaller segments such as nuts and dried fruit, which are benefiting from trends toward smaller packages and healthy snacking.