Global Construction Market to Grow $8 Trillion by 2030: Driven by China, US and India

Asia-PacificChina ♦ Published: November 10, 2015; 01:03 ♦ (Vindobona)

A new report released today - Global Construction 2030 - forecasts the volume of construction output will grow by 85% to $15.5 trillion worldwide by 2030, with three countries - China, US and India - leading the way and accounting for 57% of all global growth.

Global Construction Market to Grow $8 Trillion by 2030: Driven by China, US and India / Picture: © PRNewsFoto / Global Construction Perspectives

- US construction market to grow faster than China over next 15 years
- Despite size, China powerhouse to drop to historic low of
construction
growth in 2016
- India to provide a new engine of global growth for construction in
emerging markets, growing at almost twice as fast as China
- Europe will not recoup its 'lost decade' but the UK will be

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