Construction Materials Market Summary, Competitive Analysis and Forecast to 2027


Summary

Global Construction Materials industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-22, and forecast to 2027). 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 cement segment includes hydraulic cement (e.g., Portland cement) but excludes solid concrete. The aggregates segment includes sand, gravel, crushed rocks, and stones used in construction, but excludes industrial sand (used in glass making, etc.) and similar materials. The bricks segment covers building blocks and pipes made from fired clay or concrete.
  • Other finished or semi-finished building materials and components are excluded from our market scope.
  • Values refer to the consumption of construction materials within the specified geography, whether produced domestically or imported. The market has been valued at the manufacturer’s selling price (MSP).
  • All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
  • The global construction materials market had total revenues of $1,021.9 billion in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
  • The cement segment accounted for the market’s largest proportion in 2022, with total revenues of $367.7 billion, equivalent to 36% of the market’s overall value.
  • Increasing urbanization, growing per capita income, and rapidly expanding population, especially in developing countries such as China and India, are the key macroeconomic factors that are driving the demand for new construction, therefore supporting the growth of the construction materials market.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global construction materials market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global construction materials market
  • 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 global construction materials market with five year forecasts




Reasons To Buy

  • What was the size of the global construction materials market by value in 2022?
  • What will be the size of the global construction materials market in 2027?
  • What factors are affecting the strength of competition in the global construction materials market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global construction materials market?