Industrial Construction Projects in Asia-Pacific to Witness Steady Growth
Albany, NY (PRWEB) February 06, 2015 -- The report provides economic reports to back market predictions that chart the developments in the construction industry. The report offers descriptive market analysis on 1,800 projects in the Asia Pacific region. Information and insights on the industry and its market are given, which helps a user generate feasible reviews and undertake value-oriented market growth strategies.
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The report also offers detailed metrics on the industrial buildings projects in each individual country. The metrics have been divided according to type, level of development, and date of initiation according to value.
More than 70% of the projects belonged to the pre-execution phase when the industry was analyzed for this report.
According to industry analysis, the industrial buildings analysis for projects in the industrial sector in the 15 Asia Pacific countries is currently valued at US$1.08 trillion.
The market is dominated by metal and material production plants that hold a total worth of US$446 billion. The second largest sector in Asia Pacific industrial construction projects market is manufacturing plants. The sector’s current market value is US$314 billion.
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The chemical and pharmaceutical plants sector is pegged at US$137 billion.
In terms of nations in the Asia Pacific region, India leads the market with projects undertaken that hold a total value of US$411 billion. The second largest nation in the market is China, with US$199 billion worth of industrial construction projects.
The third largest nation is Indonesia with US$123 billion worth of industrial construction projects.
The total value of the Asia Pacific industrial construction projects market that will start in 2015 is US$462 billion.
The total number of projects has all been consolidated into definitive and coherent sectors of waste processing plants, industrial buildings, metal and material processing plants, chemical and pharmaceutical plants, manufacturing plants, and material construction plants.
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The report on Asia Pacific industrial construction projects contains details about countries such as Vietnam, Uzbekistan, Turkmenistan, Thailand, Taiwan, South Korea, Philippines, Pakistan, Mongolia, Malaysia, Kazakhstan, Indonesia, India, China, and Australia. The Asia Pacific industrial construction projects within these 15 countries have a total market value of US$1.08 trillion.
The report also recognizes contractors according to the overall value of the projects they have undertaken, along with the top consulting engineers in terms of the same.
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