Construction & Building Materials Market by Material (Aggregates, Bricks, Cement), Building Type (Commercial Building Construction, Industrial Construction, Infrastructure & Heavy Civil Construction) - Global Forecast 2024-2030

Construction & Building Materials Market by Material (Aggregates, Bricks, Cement), Building Type (Commercial Building Construction, Industrial Construction, Infrastructure & Heavy Civil Construction) - Global Forecast 2024-2030

The Construction & Building Materials Market size was estimated at USD 1.94 trillion in 2023 and expected to reach USD 2.04 trillion in 2024, at a CAGR 5.89% to reach USD 2.90 trillion by 2030.The construction & building industry encompasses producing a variety of materials used in the construction and renovation of residential and commercial buildings. High-quality construction and building materials are used to ensure the highest possible standards in terms of strength, durability, and sustainability in construction. The increase in urbanization and construction of high-rise buildings worldwide, along with surging demand for easily installed products for the construction industry, are major factors boosting the market. However, the highly fluctuating cost of building materials creates difficulties in exercising good stock control, affecting the availability of building materials, including cement, steel, and wood, limiting the market growth. Moreover, the development of innovative construction materials such as reinforced concrete and translucent concrete are attracting strong demand from the customer side. Additionally, the cement manufacturers' amalgamation activities are creating lucrative market growth opportunities.Regional InsightsThe construction & building materials market in the Americas is anticipated to grow during the forecast period; owing to the growing demand for construction, more people are shifting to cities, increasing the congestion in urban regions. This mandates the need for the development and enhancement of smart cities. The increase in the number of smart city projects in the U.S. and Canada is one of the primary factors augmenting the development of the construction & building materials market. Furthermore, the rapid growth in urbanization and industrialization across the APAC regions paves the way for construction and building materials lucrative opportunities. The APAC market's growth is driven by innovative materials and technology innovations in construction methods in major economies such as India, China, South Korea, Japan, Australia, and Vietnam. The EMEA has witnessed substantial investments in infrastructure development, including transportation, energy, and urbanization projects. Additionally, an increasing emphasis on sustainable and eco-friendly construction practices in the EMEA region leads to a growing demand for environmentally friendly materials, energy-efficient solutions, and green building certifications. On a cumulative basis, the EMEA construction and building materials market is characterized by robust growth driven by infrastructure development, urbanization, and sustainability requirements.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Construction & Building Materials Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Construction & Building Materials Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Construction & Building Materials Market, highlighting leading vendors and their innovative profiles. These include Ambuja Cements Ltd. by Adani Group, Anhui Conch Cement Co., Ltd., ArcelorMittal S.A., Asia Cement Public Company Ltd., Atad Steel Structure Corporation, ATCO, Athabasca Minerals Inc., Atlas Concrete, BBMG Corporation Ltd., BlueScope Steel Limited, Boral Limited, CEMEX S.A.B. de C.V., China National Building Material Co., Ltd., Compagnie de Saint-Gobain S.A., CRH PLC, Everest Industries Ltd., Ferguson PLC, Grasim Industries Limited, HeidelbergCement AG, Holcim Group, Jaypee Group, Kirby Building Systems, LafargeHolcim Ltd., Lindab Group, Lixil Group Corporation, Memaar Building Systems, Nippon Steel Corporation, Norsteel Buildings, Nucor Corporation, PEB Steel Buildings, Pennar Engineered Building Systems Ltd., UltraTech Cement Ltd, USG Corporation, Vulcan Materials Company, and Zamil Steel Holding Company.

Market Segmentation & Coverage


This research report categorizes the Construction & Building Materials Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
Aggregates
Bricks
Cement
Ceramic Facing & Floor Tiles
Composites
Glass
Metal
Precast Concrete
Sealants, Adhesives & Waterproofing Compounds
Wood
Building Type
Commercial Building Construction
Industrial Construction
Infrastructure & Heavy Civil Construction
Residential Building Construction
Multi-Family Housing

Single-Family Housing
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Construction & Building Materials Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Construction & Building Materials Market?
3. What are the technology trends and regulatory frameworks in the Construction & Building Materials Market?
4. What is the market share of the leading vendors in the Construction & Building Materials Market?
5. Which modes and strategic moves are suitable for entering the Construction & Building Materials Market?

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