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Foundation, Structure, And Building Exterior Contractors Global Market to Grow $1450.61 Billion at a Surprising CAGR of 4.8% By 2028 | 3M Company, Ecolab Inc., Eurofins Scientific SE, SGS SA, Agilent Technologies Inc
Foundation, Structure, And Building Exterior Contractors Global Market
The Business Research Company presents an extensive market research report on the Foundation, Structure, And Building Exterior Contractors Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The foundation, structure, and building exterior contractors market size has grown steadily in recent years. It will grow from $1156.85 billion in 2023 to $1203.93 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to growth in construction, infrastructure development, government policies and regulations, real estate market dynamics, environmental considerations.
The foundation, structure, and building exterior contractors market size is expected to see steady growth in the next few years. It will grow to $1450.61 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to resilient and sustainable construction, renewable energy construction, infrastructure renewal initiatives, population migration patterns, adaptation to climate change. Major trends in the forecast period include digitalization in construction, smart building technologies, technological advancements in construction, prefabrication and modular construction, focus on resilient infrastructure.
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Key Market Players:
Major companies operating in the foundation, structure, and building exterior contractors market report are 3M Company, Laboratory Corporation of America Holdings, Ecolab Inc., Eurofins Scientific SE, SGS SA, Agilent Technologies Inc., Bureau Veritas S.A., Intertek Group plc, bioMérieux SA, Bio-Rad Laboratories Inc., TÜV Nord Group, ALS Limited, Neogen Corporation, Douglas Scientific LLC, National Sanitation Foundation International, AsureQuality Limited, FoodChain ID Inc., Microbac Laboratories Inc., Romer Labs Inc., Charm Sciences Inc., MP Biomedicals LLC, RJ Hill Laboratories Ltd., Symbio Laboratories Pty Ltd., BioControl Systems Incorporated, Mocon Inc., Celsis International Ltd., Genetic ID NA Inc., Roka Bioscience Inc., Zeulab SL, TÜV SÜD AG
Market Drivers:
A rapidly growing urban population is expected to increase the demand for new residential and commercial land 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. For instance, 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 foundation, structure, and building exterior contractors market during the forecast period.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/foundation-structure-and-building-exterior-contractors-global-market-report
The foundation, structure, and building exterior contractors market covered in this report is segmented -
1) By Type: Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling
2) By Service Provider: Large Chain Companies, Independent Contractors
3) By Mode: Online, Offline
4) By Application: Residential Building Construction, Nonresidential Building Construction, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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