Check below a recent study by researchers of Leiden University, Utrecht University, Politecnico of Milan and Vrije Universiteit Amsterdam
"The results show that demand for construction materials will continue to increase in most regions, even in developed countries. Global demand for steel and cement for the building sector is estimated to be 769 Mt/yr and 11.9 Gt/yr respectively...Drivers behind this are an expected growth of global residential building stock of about 50%, and a growth of about 150% in the building stock for services.