Nonresidential Building Construction Market Performance Analysis (Covid 19 Impact) | Global Industry Research Report | Estimates The Future Trend

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The Business Research Company’s latest report Nonresidential Building Construction Global Market Report 2020 covers Nonresidential Building Construction market drivers, Nonresidential Building Construction market trends, Nonresidential Building Construction market segments, Nonresidential Building Construction market growth rate, Nonresidential Building Construction market major players, and Nonresidential Building Construction market size. The report provides in-depth analysis of the impact of COVID-19 on the Nonresidential Building Construction industry, along with revised market numbers due to the effects of the coronavirus.

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Nonresidential Building Construction Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global nonresidential building construction market is expected to decline from $2752.9 billion in 2019 to $2737.1 billion in 2020 at a compound annual growth rate (CAGR) of -0.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $3378.5 billion in 2023.

The report covers the Nonresidential Building Construction market’s segments-
1) By Type: Institutional Buildings, Commercial Buildings.
2) By End User Sector: Private, Public.
3) By Building Type: Nonresidential Smart Buildings, Traditional Buildings.
Subsegments Covered: Education Buildings, Public Convenience Buildings, Government Buildings, Religious Buildings, Healthcare Buildings, Office And Factory Buildings, Hospitality And Restaurant Buildings, Entertainment And Sports Buildings, Retail And Other Commercial Buildings.

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