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Construction Market to Reach USD 3,089.97 Billion by 2033, Driven by Urbanization

Straits Research The global construction market is set for robust growth, rising from USD 2,154.4 billion in 2024 to USD 3,089.97 billion by 2033, at a CAGR of approximately 4.0% between 2025 and 2033. This growth trajectory is fueled by surging urbanization, large-scale infrastructure developments, technological innovations, and rising private sector investments. Construction, encompassing residential, […]