The financial constraints will compel the government to curb public spending on the construction of institutional facilities including healthcare and educational buildings and other infrastructure projects. Another factor expected to hinder the growth of the industry is the volatility in energy prices that will directly influence material prices.

As per sectors, the industrial and infrastructure construction markets are expected to have a CAGR of 6.7% and 5% respectively until 2015 while in terms of industry segmentation; the residential construction sector is expected to have the highest market share.

The industrial construction sector is expected to record an increase owing to the recovery in the manufacturing sector, while the infrastructure construction sector is expected to remain in the green primarily due to the 2012 Olympic Games. The construction and large-scale regeneration projects to be generated by games are likely to sustain the momentum for the sector in next five years.

All these and many more facts and figures in addition to in-depth analysis can be found in the report:  The Future of Construction in the United Kingdom (UK) to 2015 published by World Market Intelligence (WMI).

To access the complete report, please visit our premium subscription Construction Intelligence Center product www.worldmarketintelligence.com/ic/construction