The research provides market opportunities and its predisposition, such as the market size and share held by various segments of the market. The report bifurcates the market by product type, applications and through a regional segmentation. Until now, there is still some uncertainty over the complete implications of the UK’s exit from the European Union (EU) on the construction industry. The study presented reports that there are could be significant impediments to growth, with little or no upside during the early part of the forecast period. UK’s construction sector is likely to suffer hindrance in output values in constant prices. This demonstrates a weakness in the sector in the beginning of the forecast period, right ahead of the Brexit referendum. The expected turn down in the second half could occur due to investment plans put on hold during economic uncertainty.

The industry is expected to register a steady CAGR during the review period. While the possible outlook for the UK’s construction industry is expected to be weak, there will be some support from investment in residential, infrastructure and institutional building projects. Flagship government programs such as Priority School Building Program (PSBP), the National Infrastructure Plan (NIP), and National Health Service (NHS) program are expected to support industry growth. The government’s plan to construct cost-effective homes for the low-income population, a renovation program for old school buildings and the replacement of aging infrastructure will also provide some support.

The report also analyzes the vendor landscape, including a comprehensive analysis of the competitive vendors operating in the UK construction market. It mentions names of leading companies such as Kier Group PLC, Persimmon PLC, Balfour Beatty PLC, Baratt Developments PLC and Network Rail Ltd. The researchers have provided insight into the market opportunities and restraints that the vendors are expected to face during the course of the forecast period.

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