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Construction Materials Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 152
  • SKU: IRTNTR70477
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The construction materials market share is projected to increase by USD 1.45 trillion by 2026 at a progressive CAGR of 15.66%. This construction material market report provides detailed information on the post COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the future. 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. Furthremore, this construction materials market research 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).

What will the Construction Materials Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Construction Materials Market Size for the Forecast Period and Other Important Statistics

 

Construction Materials Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increase in the number of smart cities is notably driving the construction materials market growth, although factors such as uncertain macroeconomic conditions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the construction materials industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Construction Materials Market Driver

The rising number of smart cities is one of the primary construction materials market growth drivers. With the increase in population, urbanization is increasing.

  • As of 2020, according to the WBG, the total world urban population stood at 56.16% of the total world population.

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, which will propel market growth.

Key Construction Materials Market Trend

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. The following are technologies essential to the construction industry: 

  • Cloud-based software 
  • Integrated collaboration 
  • Mobile project management 

Key Construction Materials Market Challenge

The uncertain macroeconomic conditions will be a major challenge for the construction materials market during the forecast period. The construction industry is highly sensitive to national and regional macroeconomic conditions. The US and global economies have been undergoing a period of moderate to slow growth and unprecedented volatility, which have an adverse impact on the industry. The continued uncertainty around prevailing economic conditions will have a negative impact on the industry and will continue to pose a risk as customers may postpone spending in response to tighter credit, declines in income or asset values, and negative financial news. Other factors such as conditions in the non-residential real estate markets, labor and healthcare costs, and limited access to credit will further hamper the market growth in the coming years.

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. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global construction materials market as a part of the global construction and engineering market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the construction materials market during the forecast period.

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.

 

This statistical study of the construction materials market encompasses successful business strategies deployed by the key vendors. The construction materials market is fragmented and the vendors are deploying growth strategies such as product innovations to compete in the market.

Product Insights and News

  • Adbri Ltd. - The company offers construction materials such as cement, lime, concrete, aggregates, concrete products, and industrial minerals under 17 brands within its portfolio. 

  • Adbri Ltd. - In 2022, the company appointed Samantha Hogg as an independent non-executive director. 

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.

The construction materials market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Construction Materials Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the construction materials market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Construction Materials Market?

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46% 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 this region will be faster than the growth of the market in other regions.

The growing construction activity in emerging countries owing to the growing demand for new infrastructures to provide residential and commercial spaces for the growing urban population will facilitate the construction materials market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 affected the growth of several industries in the region, including the construction industry, as several construction projects were delayed or canceled in 2020 owing to economic downturns, disruptions in supply chains, and uncertainties in the growth of the construction industry. During the second quarter of 2020, countries such as Singapore, India, Malaysia, and the Philippines registered a major decline in revenues from the construction industry. However, the recovery of economies from the COVID-19 crisis and increase in government spending will propel the market growth during 2022-2026.

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

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The construction materials market share growth by the cement segment will be significant during the forecast period. The growing urban population, which is shifting toward a nuclear family structure, will drive the demand for houses and associated infrastructure, which will help the global cement market to prosper during the forecast years.

  • For instance, as per the WBG, the global population in 2020 was 7.762 billion, out of which 56.156% was the urban population. 

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

 

Construction Materials Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 15.66%

Market growth 2022-2026

$ 1.45 trillion

Market structure

Fragmented

YoY growth (%)

15.25

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 44%

Key consumer countries

China, US, India, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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

  • CAGR of the market during the forecast period 2022-2026
  • 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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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Cement - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Cement - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Cement - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Cement - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Cement - Year-over-year growth 2021-2026 (%)
    • 5.4 Construction aggregates - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Construction aggregates - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Construction aggregates - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Construction aggregates - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Construction aggregates - Year-over-year growth 2021-2026 (%)
    • 5.5 Concrete bricks - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Concrete bricks - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Concrete bricks - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Concrete bricks - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Concrete bricks - Year-over-year growth 2021-2026 (%)
    • 5.6 Construction metals - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Construction metals - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 41: Data Table on Construction metals - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 42: Chart on Construction metals - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Construction metals - Year-over-year growth 2021-2026 (%)
    • 5.7 Others - Market size and forecast 2021-2026
      • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.8 Market opportunity by Product
      • Exhibit 48: Market opportunity by Product ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 52: Chart on Geographic comparison
      • Exhibit 53: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 70: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 India - Market size and forecast 2021-2026
      • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 France - Market size and forecast 2021-2026
      • Exhibit 94: Chart on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 95: Data Table on France - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 96: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 97: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 98: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 99: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 100: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 101: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 102: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 103: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 104: Matrix on vendor position and classification
            • 10.3 Adbri Ltd.
              • Exhibit 105: Adbri Ltd. - Overview
              • Exhibit 106: Adbri Ltd. - Business segments
              • Exhibit 107: Adbri Ltd. - Key news
              • Exhibit 108: Adbri Ltd. - Key offerings
              • Exhibit 109: Adbri Ltd. - Segment focus
            • 10.4 Anhui Conch Group Co. Ltd.
              • Exhibit 110: Anhui Conch Group Co. Ltd. - Overview
              • Exhibit 111: Anhui Conch Group Co. Ltd. - Product / Service
              • Exhibit 112: Anhui Conch Group Co. Ltd. - Key offerings
            • 10.5 BGC Australia Pty. Ltd.
              • Exhibit 113: BGC Australia Pty. Ltd. - Overview
              • Exhibit 114: BGC Australia Pty. Ltd. - Product / Service
              • Exhibit 115: BGC Australia Pty. Ltd. - Key offerings
            • 10.6 Cementir Holding NV
              • Exhibit 116: Cementir Holding NV - Overview
              • Exhibit 117: Cementir Holding NV - Business segments
              • Exhibit 118: Cementir Holding NV - Key news
              • Exhibit 119: Cementir Holding NV - Key offerings
              • Exhibit 120: Cementir Holding NV - Segment focus
            • 10.7 CEMEX SAB de CV
              • Exhibit 121: CEMEX SAB de CV - Overview
              • Exhibit 122: CEMEX SAB de CV - Business segments
              • Exhibit 123: CEMEX SAB de CV - Key news
              • Exhibit 124: CEMEX SAB de CV - Key offerings
              • Exhibit 125: CEMEX SAB de CV - Segment focus
            • 10.8 CRH Plc
              • Exhibit 126: CRH Plc - Overview
              • Exhibit 127: CRH Plc - Business segments
              • Exhibit 128: CRH Plc - Key news
              • Exhibit 129: CRH Plc - Key offerings
              • Exhibit 130: CRH Plc - Segment focus
            • 10.9 Fletcher Building Ltd.
              • Exhibit 131: Fletcher Building Ltd. - Overview
              • Exhibit 132: Fletcher Building Ltd. - Business segments
              • Exhibit 133: Fletcher Building Ltd. - Key news
              • Exhibit 134: Fletcher Building Ltd. - Key offerings
              • Exhibit 135: Fletcher Building Ltd. - Segment focus
            • 10.10 HeidelbergCement AG
              • Exhibit 136: HeidelbergCement AG - Overview
              • Exhibit 137: HeidelbergCement AG - Business segments
              • Exhibit 138: HeidelbergCement AG - Key news
              • Exhibit 139: HeidelbergCement AG - Key offerings
              • Exhibit 140: HeidelbergCement AG - Segment focus
            • 10.11 JMH International Ltd.
              • Exhibit 141: JMH International Ltd. - Overview
              • Exhibit 142: JMH International Ltd. - Product / Service
              • Exhibit 143: JMH International Ltd. - Key offerings
            • 10.12 LafargeHolcim Ltd.
              • Exhibit 144: LafargeHolcim Ltd. - Overview
              • Exhibit 145: LafargeHolcim Ltd. - Business segments
              • Exhibit 146: LafargeHolcim Ltd. - Key offerings
              • Exhibit 147: LafargeHolcim Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 148: Inclusions checklist
                • Exhibit 149: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 150: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 151: Research methodology
                • Exhibit 152: Validation techniques employed for market sizing
                • Exhibit 153: Information sources
              • 11.5 List of abbreviations
                • Exhibit 154: List of abbreviations

              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.

              TechnavioINFORMATION 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
              Technavio

              TechnavioDATA 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
              Technavio

              TechnavioREPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              The construction materials market growth will increase by $1454.33 billion during 2022-2026.
              The construction materials market is expected to grow at a CAGR of 15.66% during 2022-2026.
              Technavio has segmented the construction materials market by product (Cement, Construction aggregate, Concrete bricks, Construction metals, and Others) and geographic (APAC, Europe, North America, Middle East and Africa, and South America).
              Adbri Ltd., Anhui Conch Group Co. Ltd., BGC Australia Pty. Ltd., Birla Corp. Ltd., Cementir Holding NV, CEMEX SAB de CV, CRH Plc, Fletcher Building Ltd., Fujairah Cement Industries PJSC, HeidelbergCement AG, JK Cement Ltd., JMH International Ltd., LafargeHolcim Ltd., Nippon Steel Corp., PPC Ltd., Sumitomo Osaka Cement Co. Ltd., The India Cements Ltd., The Ramco Cements Ltd., Ube Industries Ltd., UltraTech Cement Ltd. are a few of the key vendors in the construction materials market.
              APAC will register the highest growth rate of 45.86% 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.
              • US
              • Canada
              • China
              • India
              • Germany
              • France
              The key factors driving the construction materials market growth are:
              • Increase in the number of smart cities
              • Adoption of technologies to improve efficiency
              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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