US: Non-residential Prefabricated Building Systems Demand to Grow 7% annually to 2015

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The report “Non-residential Prefabricated Building Systems” states that US demand for non-residential prefabricated building systems is to grow over 7% annually to $16 billion in 2015. Growth will be driven by a recovery in non-residential construction activity, especially in the office and commercial segment, from a low 2010 base. Also, improved prefabricated building system design will provide opportunities for heightened market penetration. Prices for many of the raw materials used in non-residential prefabricated structures grew sharply between 2005 and 2010. Going forward raw material price growth is expected to moderate which will restrain value gains in the non-residential prefabricated structures market.

Shipments of non-residential prefabricated building systems are expected to increase 6.3 percent annually to $16.3 billion in 2015, trailing increases in demand slightly. The US is a net exporter of prefabricated building systems, but the high 2010 trade surplus in these products will decrease to 2015. In 2010, the weak domestic market led to a decline in imports, while exports were boosted by infrastructure development in the coal sands areas in Canada and the troop surge in Afghanistan.

Read more about the report “Non-residential Prefabricated Building Systems”

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