Building Materials Market

SKU: DMMA159 | Last Updated On: Nov 09 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

[150 Pages Report] The Building Materials Market size is expected to reach USD YY billion by the end of 2029, with growth at a CAGR of 4.76% over the forecast period 2022-2029.

Building Materials Market - Strategic Insights

Metrics

Details

Market CAGR

4.76%

Segments Covered

By Type, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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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 American region. Growing markets are projected to produce robust growth. Increasing consumer lifestyles, eco-friendly worries, reasonable prices, and higher efficiency will boost 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 industrial. 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.

Market Dynamics

  • The construction aggregates segment accounted for a significant share of the construction materials market in 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 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.

FAQ

What is the Building Materials Market growth?

The market is growing at a high CAGR of 4.76%.

What is the Building Materials Market size in 2021?

The Market size was valued at USD YY million in 2021.

Who are the key players in Building Materials Market?

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.

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