China Prefabricated Construction Market Size, Share, Growth and Trends 2022

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China Prefabricated Construction Market to Grow
on the Back of Favorable Government Initiatives
Market to Grow with a CAGR of 6.05 During
2021-2025 Kenneth Research has released a
report titled China Prefabricated Construction
Market Demand Analysis Opportunity Outlook
2025 which also includes some of the prominent
market analyzing parameters such as industry
growth drivers, restraints, supply and demand
risk, along with the impact of COVID-19 and a
detailed discussion on the latest trends and
future opportunities that are associated with the
growth of the market. The total investment
recorded in the development of real estate in
China according to the statistics by the
National Bureau of Statistics of China was USD
2163.47 Billion. This was an increase of 7 over
the previous year. Get Sample Reports Here -
https//www.kennethresearch.com/sample-request-103
52290 The statistics portray the growing
investments of the Government of China in the
real estate industry, backed by the growing need
to provide homes to the growing population in
the nation. The population of China is the
largest in the whole world. As a result, there
is a growing need to provide shelter to these
people. Additionally, the numerous benefits
associated with the use of
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prefabricated construction is also expected to
boost the growth of the market in the coming
years. The China prefabricated construction
market is anticipated to grow with a CAGR of
6.05 over the forecast period, i.e., 2021
2025. The market is estimated to garner a
revenue of USD 43953.68 Million by 2025.
Additionally, in the year 2020, the market in the
country generated a revenue of USD 33660.0
Million. The market is segmented by type into
elemental construction, permanent modular
buildings, and relocatable buildings. By the end
of 2025, the permanent modular buildings segment
is anticipated to garner the largest revenue of
USD 25493.14 Million, up from a revenue of USD
19775.58 Million in the year 2020. However, the
high cost of construction, along with the
fluctuation in the price of raw materials are
some of the major factors predicted to hinder the
market growth. This report also provides the
existing competitive scenario of some of the key
players of the China prefabricated construction
market, which includes company profiling of SANY
Group, China Saite Group Company Limited, China
Railway Prefabricated Construction Co., Ltd.,
Hangxiao Steel Structure Co., Ltd., Zhejiang
Putian Integrated Housing Co., Ltd., Atlantic
Modular System Ltd., Shaanxi Construction
Engineering Group Corporation, Shenyang Yuanda
Enterprise Group, BROAD Group, Zhejiang Taige
Integrated Housing Co. Ltd, and others. The
profiling enfolds key information of the
companies which comprises of business overview,
products and services, key financials and recent
news and
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developments. Conclusively, the report titled
China Prefabricated Construction Market Demand
Analysis Opportunity Outlook 2025, analyses
the overall China prefabricated construction
industry to help new entrants to understand the
details of the market. In addition to that, this
report also guides existing players looking for
expansion and major investors looking for
investment in the China prefabricated
construction market in the near future. Get
Sample Reports Here - https//www.kennethresearch
.com/sample-request-10352290 Kenneth Research
is a leading service provider for strategic
market research and consulting. We aim to
provide unbiased, unparalleled market insights
and industry analysis to help industries,
conglomerates and executives to take wise
decisions for their future marketing strategy,
expansion and investment, etc. We believe every
business can expand to its new horizon, provided
a right guidance at a right time is available
through strategic minds. Our out of box thinking
helps our clients to take wise decision so as to
avoid future uncertainties.
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