Despite the ongoing uncertainty over the COVID-19 pandemic, growth in global construction output will reach 5.7% in 2021, following the 2.4% drop in 2020. Although recovering from the COVID-19 crisis, the global industry has borne a huge cost in terms of foregone revenue, says Gl...
The global construction industry currently represents about 13% of global GDP and this number will increase to 15% in 2020. Countries poised to undergo the largest growth include China, India, Russia, Brazil, Poland and the US. Construction in developing or emerging markets is set to increase b...
Post Time:Jul 26,2021Classify:Industry NewsView:1255 Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. The report on the construction glass market provides a holistic update, market size and forecast, trends, growth drivers, and...
The China-ASEAN Forum on Peaceful Uses of Nuclear Technology has served as a bridge to establish connectivity, enabling BRI participating countries to cooperate on nuclear technology and promote growth and people’s wellbeing. More than 70 overseas industrial parks have been built by Chinese enterpris...
The global agriculture, construction, and mining machinery market is expected to grow from $517.6 billion in 2020 to $581.52 billion in 2021 at a compound annual growth rate (CAGR) of 12.3%. The growth is mainly due to the companies rearranging their operations and recovering from...
WITH global recession on the wane, the construction industry will again boost demand for PVC globally, according to Germany-based Ceresana Research. "The average annual growth rate of 3.3% seen in the past eight years is likely to be surpassed in fu-ture. PVC demand is likely to increase ...
The head of Schott China stated that with the expo, the company has achieved unparalleled growth, and continuing to invest in the Chinese market is a strategic choice for the future. Thanks to the CIIE, exhibits have turned into commodities and exhibitors have become investors. An increasing num...
As China pivots from its zero Covid policy and with growth in the US and most European markets expected to be negative or flatline this year – what are the medium and longer-term futures for the global construction industry? The “Global Construction Futures” report published by Oxf...
The lower-than-expected global economic growth is mainly because the growth forecasts of the US and China have been revised down, the IMF said. China's GDP in 2022 may grow 4.8 percent, higher than the world's 4.4 percent, as the report shows. ...
will drive the market. Factors that could hinder the growth of the construction market in the future include the Russia-Ukraine war, the rising interest rates globally, the lack of skilled workers, safety and cyber security issues and health and safety challenges in the construction industry. ...