Dive summary:

• Global construction spending will be $15 trillion in 2025, and China, India and the U.S. will see the biggest pieces of the increase, according to a new report from from Global Construction Perspectives and Oxford Economics.
• The organizations also say that emerging markets will see 63% of that activity, up from the 52% that they have already.
• The report also sees China widening its lead as the biggest construction market, going from 18% now to 26% in 2025.

From the article:

India will overtake Japan as the third-largest construction market with annual growth averaging 7.4% annually in construction expected to exceed that of China. ...