According to a recent report by Research and Markets, the global market for construction glass is projected to grow at a compound annual growth rate (CAGR) of 7.08% from 2015, to reach approximately $1,2 billion by 2020.
Nationwide housing starts rose 20.2% to a seasonally adjusted annual rate of 1.135 million units in April from an upwardly revised March reading, according to newly released data from the U.S. Commerce Department.
Saint-Gobain recently announced a partnership with Philadelphia Parks and Recreation and Fairmount Park Conservancy to provide sustainable building materials and building science expertise to support the much-anticipated redevelopment of the Welcome Center at JFK Plaza/LOVE Park.
According to a recent report from Global Industry Analysts (GIA), the global market for construction materials is projected to exceed $1 trillion by 2020, driven by an improving world economic outlook and recovering construction activity in residential, commercial, and infrastructure sectors.
Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 and into next year, according to economists who participated in the recent National Association of Home Builders (NAHB) 2015 Spring Construction Forecast webinar.