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Construction Market Analysis, Demand, Trends And, Outlook Forecast To 2032
Construction Global Market
The Business Research Company's Construction Global Market Report 2023 identifies increasing construction activities as the major driver for the Construction market's growth in the forecast period. Emerging markets which registered robust construction activity included China, Brazil, India, Saudi Arabia and Indonesia.
The global construction market grew from $14503.87 billion in 2022 to $15461.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction market is expected to grow to $19519.26 billion in 2027 at a CAGR of 6.0%.
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Major competitors in the Construction market are China State Construction Engineering Corporation Ltd., China Railway Group Ltd., China Railway Construction Corporation Limited.
A key trend in the Construction market includes green construction techniques. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to World Green Building Trends Survey, about 60% of construction firms across the globe were involved in green construction projects .
Read More On The Global Construction Market Report Here:
https://www.thebusinessresearchcompany.com/report/construction-global-market-report
The Construction market is segmented -
1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development
2) By End User: Private, Public
3) By Type of Contractor: Large Contractors, Small Contractors
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Construction market.
The Business Research Company's "Global Construction Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Construction Market Include:
1. Construction Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
25. Key Mergers And Acquisitions In The Construction Market
26. Global Construction Market Opportunities And Strategies
27. Construction Market, Conclusions And Recommendations
28. Appendix
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