Nonresidential Building Construction Global Market 2022 Industry Trends, Size, Share, Growth | Shanghai Construction Group Co., Ltd., Bouygues SA, Greenland Holding Group, Obayashi Corporation, Daiwa House Group

The global non residential building construction market report by the business research company identifies a rapidly growing urban population is expected to increase the demand for new residential and commercial buildings during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world's population will be living in cities by 2050. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the non-residential building construction market during the forecasted period.

The global nonresidential building construction market grew from $2,675.51 billion in 2021 to $2,984.71 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The non-residential building construction market is expected to grow to $4,055.62 billion in 2026 at a CAGR of 8.0%.

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Asia Pacific was the largest region in the nonresidential building construction market in 2021. North America was the second-largest region in the nonresidential building construction market. The regions covered in the global nonresidential building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major players in the non residential building construction market are Shanghai Construction Group Co., Ltd.; Bouygues SA; Greenland Holding Group; Obayashi Corporation; Daiwa House Group.

The global non residential building construction market is segmented -
1) By Type: Institutional Buildings, Commercial Buildings
2) By End User Sector: Private, Public
3) By Buidling Type: Non residential Smart Buildings, Traditional Buildings

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The Non Residential Building Construction Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Nonresidential Building Construction Market Characteristics
4. Nonresidential Building Construction Market Product Analysis
5. Nonresidential Building Construction Market Supply Chain
.....
22. Key Mergers And Acquisitions In The Nonresidential Building Construction Market
23. Market Background: Buildings Construction Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

This report covers the trends and market dynamics of the non residential building construction market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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