Global Modular Construction Materials Market Set to Reach USD 166.85 Billion by 2030, Growing at a C

Krajput26 Nov, 2024News

Global Modular Construction Materials Market to Reach USD 166.85 Billion by 2030, Growing at a CAGR of 5.9% Summary: The global modular construction materials market is poised to experience significant growth, with an expected valuation of USD 166.85 billion by 2030, up from USD 111.70 billion in 2023. This represents a compound annual growth rate (CAGR) of 5.9% during the forecast period. The market's expansion is driven by increasing demand for efficient construction solutions and sustainable building practices across key industries, including residential, commercial, and industrial sectors.

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