Global Building and Construction Sheets Market to Reach $285.8 Billion by 2030
The global market for Building and Construction Sheets estimated at US$185.5 Billion in the year 2023, is expected to reach US$285.8 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2023-2030. Protection Function, one of the segments analyzed in the report, is expected to record a 6.3% CAGR and reach US$106 Billion by the end of the analysis period. Growth in the Insulation Function segment is estimated at 6.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $48.7 Billion, While China is Forecast to Grow at 9.4% CAGR
The Building and Construction Sheets market in the U.S. is estimated at US$48.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$65.4 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$40.4 Billion by the year 2030.
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