China will become the world's largest construction market(10/20/2010)

In recent years, with the national market regulation policies were introduced, China's construction industry will be more positive and healthy development. With the large number of affordable housing and the transformation of housing and related projects under construction in the next few years will be more rapid development of China's construction industry. Construction of the good momentum of development will stimulate demand for products related to building materials, including windows and doors will be greater demand for the product.

University of Oxford, 12, released the "2020 Global Construction Market Outlook" study, from 2009 to 2020, China's construction industry will grow by 130%. Among them, 2018, China will overtake the U.S. as the world's largest construction market, accounting for 19.1% of total output value of the global construction industry.

Reported that the financial crisis, the world's construction industry will resume growth in 2011. 2020, the world's construction industry output value from the current 7.5 trillion increase to 12.7 trillion U.S. dollars. Next 10 years, the growth of the construction industry in China and India would be surprising. As will host the 2014 World Cup and 2016 Olympics, and the government plans to encourage residential construction in 2009-2014 and 2014 to 2020, the Brazilian construction industry will grow by 6.5% and 3.4%.

For some, windows and doors industry market potential, size of the market is still expanding windows, doors and windows company's overall development prospects are good.

(Author Mosaic and Tile, China Leiyuan 10/20/2010)

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