Building Materials Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMMA159 | Last Updated On: Jun 07 2022 | Available Formats

> Global Building Materials Market Expected to reach a high CAGR of 4.76% during the forecast period 2022-2029: DataM Intelligence

Global Building Materials Market is segmented By Type (Construction Aggregates, Cement, Concrete Bricks, Metals, Others), By End-User (Residential, Commercial, Industrial, Infrastructural), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Building Materials Market Volume Growth Rate Insights

The Building Materials Market size is expected to reach USD XX billion by the end of 2029, with growth at a CAGR of 4.76% over the forecast period 2022-2029. The Building Material market includes brick, cement, sand, aggregates, and stone manufacturers. Amongst the utmost used building materials are glass, steel, plastics, cement, and wood. The industry producers are associated with industries containing manufacturers and furniture manufacturers.

Increasing demand for housing units & infrastructural facilities, rising urbanization, growing real estate investments, and the Popularity of stamped & decorative concrete are the factors driving the growth of the global building materials market.

The Europe market is the leading in the global building materials market, followed by the North America region. Growing markets are projected to produce robust growth. Increasing consumer lifestyles, eco-friendly worries, reasonable prices, and higher efficiency will boost the market growth.

Increasing government investments in innovative infrastructure are major factors driving Europe’s building materials market. In addition, the increasing demand for basic modifications in industrial institutions, and also in residential will expand novel roofing and flooring hence improving the demand for building materials.

Emerged economies have been facing constant renovation and enlargement initiatives over the industries such as commercial, and industries. The growing industrial enhancement over the emerging regions mainly in eastern Europe will encourage the global market share.

Building material market revenue in Germany is set to record the highest value over the forecast period, due to government activities to support consumer expenses on housing accommodations. German construction companies moved to foreign industries to reimburse for the losses acquired over the past years. Furthermore, Germany has presented high-performance wood panel products in Europe and is anticipated to stimulate the industry share at a prominent pace controlled by the increasing demand for decorative applications and recent furniture.

Building Materials Market Scope

Metrics

Details

Market CAGR

4.76%

Segments Covered

By Type, By End User, and By Region

Report Insights Covered

Company Financials, Company Outlook, Revenue Produced, Market Perspective, Investment In R&D, New Market Creativities, Global Attendance, Company Strengths, And Weaknesses, Product Width And Breadth, Application Domination, Competitive Landscape Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Market Dynamics

  • The construction aggregates segment accounted for a significant share of the construction materials market during 2016.
  • However, the cement segment will account for the maximum share of this market in the forecasting period.
  • This is because cement is the main ingredient for mass construction such as buildings, civil works, and industrial estates.
  • Production of cement is significantly high. It is recognized as the most vital commodity in growing economies.

Market Segmentation

According to the research study, the global market is segmented into By Type, and by end-user

  • By product type into Construction aggregates, Cement, Concrete bricks, construction metals, and others.
  • By end-user, the market consists of four segments namely Residential, Commercial, Infrastructural, and Industrial.

Geographical Classification:

The global market is divided into five major regions, such as North America, Latin America, Europe, the Middle East, South Africa, Asia Pacific, and the Rest of the world.

Asia-Pacific has the highest construction materials market share throughout the forecast period. The market size is growing due to several factors with the most significant factor being the increase in construction activities in developing countries. Followed by North America, the European building materials market leading the global market during the forecast period 2022-2029.

Competitive Trends and Major Companies Covered in the global market:

The major players in the Building Materials market include CEMEX, China National Building Material Company, Heidelberg Cement, Lafarge Holcim, Boral Limited, Buzzi Unicem SpA, Dyckerhoff AG, CRH plc, Olcastle Inc., CSR Limited, Aditya Birla Group, Ambuja Cements, Anhui Conch Cement, Asia Cement, Athabasca Minerals, Atlas Concrete, and Beijing Jinyu Group.

Trending Topics

Core Materials Market

Advanced Materials Market

Building and Construction Sheets Market

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