Construction Materials in the United States
Summary
Construction Materials in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The construction materials market consists of cement, aggregates, and bricks.
- The US construction materials market recorded revenues of $61.3 billion in 2023, representing a compound annual growth rate (CAGR) of 4.6% between 2018 and 2023.
- The aggregates segment accounted for the market's largest proportion in 2023, with total revenues of $37.5 billion, equivalent to 61.3% of the market's overall value.
- In 2023, the US construction materials market recorded an annual growth of 2.9% due to the rise in residential construction. According to the US Census Bureau and the US Department of Housing and Urban Development, in 2023, an estimated 1,452,500 housing units were completed, up 4.5% over 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction materials market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction materials market in the United States
- Leading company profiles reveal details of key construction materials market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States construction materials market with five year forecasts
- What was the size of the United States construction materials market by value in 2023?
- What will be the size of the United States construction materials market in 2028?
- What factors are affecting the strength of competition in the United States construction materials market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's construction materials market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. CRH plc
- 8.2. Holcim Limited
- 8.3. Martin Marietta Materials Inc
- 8.4. Heidelberg Materials AG
- 8.5. Vulcan Materials Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States construction materials market value: $ million, 2018-23
- Table 2: United States construction materials market category segmentation: % share, by value, 2018-2023
- Table 3: United States construction materials market category segmentation: $ million, 2018-2023
- Table 4: United States construction materials market geography segmentation: $ million, 2023
- Table 5: United States construction materials market value forecast: $ million, 2023-28
- Table 6: CRH plc: key facts
- Table 7: CRH plc: Annual Financial Ratios
- Table 8: CRH plc: Key Employees
- Table 9: Holcim Limited: key facts
- Table 10: Holcim Limited: Annual Financial Ratios
- Table 11: Holcim Limited: Key Employees
- Table 12: Martin Marietta Materials Inc: key facts
- Table 13: Martin Marietta Materials Inc: Annual Financial Ratios
- Table 14: Martin Marietta Materials Inc: Key Employees
- Table 15: Heidelberg Materials AG: key facts
- Table 16: Heidelberg Materials AG: Annual Financial Ratios
- Table 17: Heidelberg Materials AG: Key Employees
- Table 18: Vulcan Materials Company: key facts
- Table 19: Vulcan Materials Company: Annual Financial Ratios
- Table 20: Vulcan Materials Company: Key Employees
- Table 21: Vulcan Materials Company: Key Employees Continued
- Table 22: United States size of population (million), 2019-23
- Table 23: United States real gdp (constant 2010 prices, $ billion), 2019-23
- Table 24: United States gdp (current prices, $ billion), 2019-23
- Table 25: United States inflation, 2019-23
- Table 26: United States consumer price index (absolute), 2019-23
- Table 27: United States exchange rate, 2018-23
- List of Figures
- Figure 1: United States construction materials market value: $ million, 2018-23
- Figure 2: United States construction materials market category segmentation: $ million, 2018-2023
- Figure 3: United States construction materials market geography segmentation: % share, by value, 2023
- Figure 4: United States construction materials market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the construction materials market in the United States, 2023
- Figure 6: Drivers of buyer power in the construction materials market in the United States, 2023
- Figure 7: Drivers of supplier power in the construction materials market in the United States, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the construction materials market in the United States, 2023
- Figure 9: Factors influencing the threat of substitutes in the construction materials market in the United States, 2023
- Figure 10: Drivers of degree of rivalry in the construction materials market in the United States, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook