Construction Materials Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70477

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The construction materials market has the potential to grow by USD 1123.07 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 15.73%.

This construction materials market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (cement, construction aggregate, concrete bricks, construction metals, and others) and geography (APAC, Europe, North America, MEA, and South America). The construction materials market report also offers information on several market vendors, including Adelaide Brighton Ltd., Cementir Holding NV, CEMEX SAB de CV, CRH Plc, Fosroc International Ltd., Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC South Africa Holdings Pty Ltd., and Sumitomo Osaka Cement Co. Ltd. among others.

What will the Construction Materials Market Size be in 2021?

Construction-Materials-Market-Market-Size-2020-2025

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Construction Materials Market: Key Drivers and Trends

The increase in number of smart cities is notably driving the construction materials market growth, although factors such as uncertain macroeconomic conditions may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the construction materials industry get your FREE report sample now.

  • The rising number of smart cities is one of the primary construction materials market growth drivers.
  • With the increase in population, urbanization is increasing. 
  • Urban services such as public transport and road networks are facing several challenges due to the increasing urban population. 
  • Countries across the world are building smart cities since this development will help in easing congestion caused by the growing population by efficiently solving issues related to public transport and road networks.
  • With the rising development of smart cities, the demand for construction materials will also increase in the coming years.
  • The adoption of new technologies and materials will be one of the key construction materials market trends.
  • The productivity of the construction industry will increase with the use of new materials and the shifting focus towards the use of prefabricated modular building blocks.
  • To enhance their customer base and increase their revenue shares, companies have the need to stay updated about technological advancements.
  • Durable concrete, high-performance concrete, mineral admixtures, condensed silica fume, and high-volume fly ash concrete are some of the technologically advanced products.  

This construction materials market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Construction Materials Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Adelaide Brighton Ltd.
  • Cementir Holding NV
  • CEMEX SAB de CV
  • CRH Plc
  • Fosroc International Ltd.
  • Fujairah Cement Industries PJSC
  • HeidelbergCement AG
  • LafargeHolcim Ltd.
  • PPC South Africa Holdings Pty Ltd.
  • Sumitomo Osaka Cement Co. Ltd.

 

The construction materials market is fragmented and the vendors are deploying growth strategies such as innovations to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the construction materials market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Construction Materials Market?

Construction-Materials-Market-Market-Share-by-Region-2020-2025

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44% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for construction materials in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

Growing construction activity in emerging countries will facilitate the construction materials market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Construction Materials Market?

Construction-Materials-Market-Market-Share-by-Product-2020-2025

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The construction materials market share growth by the cement segment will be significant during the forecast period. At present, cement is one of the most vital commodities in the growing economies as it serves as one of the main ingredients to produce concrete used for mass construction such as buildings, civil works, and industrial estates. The need for augmented construction activities due to the increasing rate of urbanization and industrial development drives the cement market. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the construction materials market size.

 

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What are the Key Factors Covered in this Construction Materials Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive construction materials market growth during the next five years
  • Precise estimation of the construction materials market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the construction materials industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of construction materials market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The construction materials market growth will increase by $1123.07 billion during 2020-2025.
The construction materials market is expected to grow at a CAGR of 15.73% during 2020-2025.
Technavio has segmented the construction materials market by product (Cement, Construction aggregate, Concrete bricks, Construction metals, and Others) and geographic (APAC, Europe, North America, MEA, and South America).
Adelaide Brighton Ltd., Cementir Holding NV, CEMEX SAB de CV, CRH Plc, Fosroc International Ltd., Fujairah Cement Industries PJSC, HeidelbergCement AG, LafargeHolcim Ltd., PPC South Africa Holdings Pty Ltd., Sumitomo Osaka Cement Co. Ltd. are a few of the key vendors in the construction materials market.
APAC will register the highest growth rate of 43.82% among the other regions. Therefore, the construction materials market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the construction materials market growth are:
  • Increase in number of smart cities
  • Efficiency improvement
The construction materials market vendors should focus on grabbing business opportunities from the cement segment as it accounted for the largest market share in the base year.

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