Prefabrication Trends Fuel Expansion of Modular Construction Materials Market
The global modular construction materials industry was valued at US$ 101.3 billion in 2022. The market is anticipated to expand at a CAGR of 5.8% from 2023 to 2031 and is expected to reach US$ 168.2 billion by 2031. Rising demand for faster construction timelines, reduced labor dependency, and energy-efficient infrastructure is driving market growth globally. Modular construction materials are...
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