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Construction Projections and Forecasts-December 2017

Here are useful, recent construction-related projections and forecasts:

The global construction sustainable materials market in terms of value is estimated to have a healthy growth at a CAGR of 11.6 percent by value, and 12.0 percent by volume between 2017 and 2026, according to Reportbuyer.

The increasing demand and the growth rate for construction sustainable materials in the market is attributed to their increasing usage in applications of insulation, roofing, framing, exterior siding, and interior finishing, among others, and their usage in the end-user industries of industrial construction, commercial buildings, residential buildings, and other buildings.

By 2022, the global building information modeling (BIM) market will grow $10.36 billion, according to Zion Market Research.

The report covers forecast and analysis for the BIM market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue. The study includes drivers and restraints for the building information modeling market along with the impact they have on the demand over the forecast period.

The global construction materials market will grow at a CAGR of 6.76 percent during the period 2017-2021, according to

Construction materials comprise construction aggregates, cement, concrete bricks, metals, and other associated materials that are extensively used for the construction of residential and commercial projects as well as infrastructure projects. In this report, the global construction materials market has been segmented based on different product types, namely construction aggregates, cement, concrete bricks, construction metals, and others.

The architectural engineering and construction (AEC) market is anticipated to grow at a steady rate and will post a CAGR of 11.8 percent during 2017–2021, according to Absolute Reports.

AEC solutions include both software and services used for the construction of large and complex residential, industrial and commercial buildings. The report provides a comprehensive analysis on the AEC industry, delivering detailed market data and penetrating insights.

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