Global Scans · Construction · Weekly Summary

WHAT'S NEXT?: 65 per cent of global construction growth for the next decade will happen in emerging markets. Smart cities, sustainable construction, greater urbanization and pre-fabricated buildings will all play their part in future construction growth.

• [New] The global construction industry is projected to grow by USD 4.5 trillion, or 42%, reaching a total value of USD 15.2 trillion by 2030. Straits Research
• [New] China, India, the United States, and Indonesia will contribute 58.3% of the overall expansion in the construction industry between 2020 and 2030. Straits Research
• [New] Global construction output is forecast to grow to USD 15.2 trillion annually by 2030, with the Asia Pacific accounting for over 57% of new construction activity. Persistence Market Research
• [New] Construction output in the ASEAN region is forecast to increase by 4.9% in 2026 and by 6.2% in 2027. atradius
• [New] We expect US construction output to grow by just 1.1% year-on-year in 2026, after a 1.8% increase last year. atradius
• [New] Key Opportunity: CO2 mineralization for construction materials offers significant growth potential by permanently storing carbon while improving concrete performance across global cement production. Persistence Market Research
• [New] Fastest Growing Region: Middle East & Africa grows fastest through 2033, fueled by large-scale infrastructure and mega construction projects across Gulf economies. Persistence Market Research
• [New] The AI in construction project management segment alone is projected to grow from $2.5 billion to $5.7 billion by 2028, at a 17.3% compound annual growth rate. Dan Cumberland Labs
• [New] In the year 2040, Dubai's cityscape will stand as a testament to the incredible transformation brought about by the widespread adoption of 3D printing in construction. Khaleej Times
• [New] Heat networks could represent the lowest-cost, low-carbon heating option for more than 50% of buildings in cities such as Manchester and London. Energy UK
• [New] From 2035, legislating for the decarbonization of non-domestic buildings would be the most effective and low-cost option for Government, as heat network operators would be competing on price with other clean heat technologies. Energy UK
• [New] Record glass output from Dubai Investments, new solar glass capacity in Ras Al Khaimah, and a steady construction pipeline worth USD 130.8 billion by 2029 provide a durable demand base, while circular-economy mandates and tighter dredging rules reshape raw-material sourcing. Mordor Intelligence
• [New] The Global Construction Perspectives organization projects global construction output will reach US$ 15.2 trillion annually by 2030, with commercial and residential high-rise development in Asia Pacific and the Middle East representing the most intensive silicone sealant consumption categories. Persistence Market Research

Last updated: 02 September 2026