Building Materials Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Building Materials Market size was worth around USD 140 million in 2019 and is predicted to grow around USD 480 million by 2026 with a compound annual growth rate (CAGR) of roughly 18% between 2020 and 2026. The report analyzes the global Building Materials Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Building Materials Market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Building Materials industry. The report analyzes and declares the historical and current trends analysis of the Building Materials industry and subsequently recommends the projected trends anticipated to be observed in the Building Materials market during the upcoming years.

The Building Materials market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire building Materials market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the Building Materials market is set to grow annually at a rate of around 18%.
• It was established through primary research that the Building Materials market was valued at around USD 140 billion in 2019.
• After secondary research, we performed face to face interviews to validate our data. The insights interviewee’s declared that Construction aggregates is the most used type for the global Building Materials market.
• On the basis of the type, Construction aggregates dominated the global Building Materials market in 2019.
• The Construction segment, on the basis of product segmentation, was the leading revenue-generating category accounting for around 42% share, in 2019.

Key Recommendations from Analysts

• Based on the exhaustive secondary research done by our team, the construction type is anticipated to become the most demanding type in the upcoming years, owing to the growing demand for Building Materials from the construction industry for various end-use applications.
• As per our analysts, APAC recorded the highest market share of more than 39% by 2026, and the market is expected to bolster in this region, resulting in creating lucrative opportunities for new players.
• Growing at a CAGR around 18%, the Building Materials market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
• Our analysts have identified construction as the leading investment pockets for the Building Materials market in terms of product respectively.
• Our analysts recommend the emerging players to focus on construction materials owing to the substantial growth of the construction industry, especially in APAC and Middle-eastern regions and increased adaptation of ecofriendly construction materials.

Market Attractiveness – By Product

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Building Materials industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Building Materials industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Building Materials market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Building Materials industry. The Building Materials market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Building Materials sector. Key strategic developments in the Building Materials market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Building Materials market are appropriately highlighted in the report.

The global market for construction materials is estimated to be USD 480 billion by 2026 and will show a CAGR of 18% over the forecast period. These trends can mostly be seen in seaside regions and mountain resorts with picturesque beauties and historic monuments, leading to an increased number of hotels and resorts, open areas and public gardens. This will increase the market demand for outdoor furniture through an increasing number of hotels and restaurants.

The increasing demand for green construction materials is a new trend in the industry. Building and construction sectors account for more than 2/3 of the world's total greenhouse gas emissions. There is, therefore, a huge potential to reduce greenhouse emissions by increasing the energy efficiency of cities and buildings. Greenhouse emissions can be reduced by building new green buildings with low energy consumption and updating existing buildings. Low operating and maintenance costs and pressure on pollution-related environmental legislation are key drivers of the global market for green construction goods. In addition, in developed countries, the government has implemented policies and incentives to promote green building, which complements the growth of the sector.

The Building Materials market research report delivers an acutevaluationand taxonomy of the Building Materials industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Building Materials industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Building Materials industry is provided for the leading economies of the world.

The Building Materials market is segmented based on product.  On the basis of type segmentation, the market is classified into Construction aggregates, Concrete bricks, cement, and Construction metals.

Report Scope

Some of the essential players operating in the Building Materials market, but not restricted to include

• Dyckerhoff AG
• Aditya Birla Group
• Hepworth
• National Plastic Industry
• ANABEEB
• Polyfab Plastic Industry
• Hepworth
• Florance Plastic Industries
• Anhui Conch Cement Company Limited
• Buzzi Unicem SpA
• Union Pipes Industry
• Borouge
• MPI
• Boral Limited
• ACO Group
• Hira Industries

The taxonomy of the Building Materials Market by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Construction aggregates
• Concrete bricks, cement
• Construction metals

Global Building Materials Market: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa