Project Insight - Industrial Construction Projects: Europe

Synopsis

Europe's industrial sector output has grown slowly in recent years compared to that of other regions, particularly Asia-Pacific.

Higher production costs and a slow growth domestic market compared with Asia-Pacific has slowed investment in industrial construction projects. The smaller EU economies such as Ireland, Slovenia, Poland and Romania have experienced growth above 10% in industrial production for the year to October 2017 but the major economies have struggled to achieve sustained growth. In the EU28 countries, industrial production grew by 0.3% monthly and by 4.2% year on year to October 2017. 

This report provides detailed analysis, information and insights based on 863 CIC projects in Europe, including detailed metrics on the region's industrial construction projects (as tracked by CIC) split by country and value and by six types of project including manufacturing plants, metals and materials production and processing and chemical and pharmaceutical plants. Country profiles are provided for the top 10 countries including Russia, Germany and the UK.

Summary

Timetric's Construction Intelligence Center (CIC) is currently tracking industrial construction projects in Europe with a total value of US$295.1 billion. Of this, US$106.3 billion is in the planning stage.

Russia accounts for the highest value with US$164.8 billion, followed by Germany with projects valuing US$19.7 billion. The UK and Belarus follow with industrial projects with a value of US$18.5 billion and US$11.0 billion respectively.

Europe's highest project investment is in manufacturing plants with a value of US$100.9 billion followed by chemical and pharmaceutical plants with a value of US$87.8 billion.

The largest projects currently in the pipeline are the US$11.5 billion Svobodnensky Gas Chemical Complex in Russia and the US$11.2 billion Battery Manufacturing Plant in Germany.

Scope

The report provides analysis based on CIC projects showing total project values for Europe and analysis by stage and funding for the top 10 countries.

The top 50 projects are listed for the region giving country, stage, value and type of industrial construction. Values by six types of project categories are given including manufacturing plants, metals and materials production and processing and chemical and pharmaceutical plants.

Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.

Reasons To Buy

• Gain insight and see forecasts for the industrial construction sector.

 • Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities. 

• Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.

• Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities. 

• Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.

Key Highlights

• The highest value of projects are at the planning stage, with US$106.3 billion, followed by projects at the execution stage with US$97.8 billion. 

• Projects in the pre-execution stage amount to US$47.4 billion, while projects in the pre-planning stage account for US$43.6 billion. 

• Russia accounts for highest value of industrial projects with US$164.6 billion.

• Private investment is responsible for funding the highest proportion of projects, with 73%, with joint public and private funding at 19% and only 8% of projects financed solely by public funding. 

• Assuming all projects tracked go ahead as planned, annual spending on the projects would reach US$67.2 billion in 2019.

• The top contractor in the region is Kompakt Construction Co followed by Moskapstroy LLC both based in Russia.