Press release
Modular Construction Materials Market to reach USD 157.56 Bn by 2029, emerging at a CAGR of 5.9 percent and forecast 2023-2029
Modular Construction Materials Market Report Scope and Research MethodologyThe report delves into the global Modular Construction Materials Market, offering insights into the market's size, share, dynamics, and competitive landscape at global, regional, and local levels. It serves as an invaluable guide for investors and stakeholders interested in this booming industry.
Our report is based on rigorous research methodologies, ensuring accuracy and reliability. We utilize a combination of primary and secondary research sources, including industry experts, surveys, and data analysis, to provide a comprehensive view of the market.
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Modular Construction Materials Market Dynamics:
The growing construction industry, driven by a rising global population and increased demand for buildings, is a significant driver for the Modular Construction Materials Market. Developers, architects, and contractors are increasingly turning to modular construction due to its cost-efficiency, waste reduction, and accelerated project timelines. Modular construction's ability to operate offsite, regardless of weather conditions, further enhances its appeal.
While modular construction materials hold immense promise, the shortage of construction materials has led to rising prices, which can hinder market growth. Additionally, concerns about the reliability of modular construction in earthquake-prone regions have the potential to dampen demand.
Modular Construction Materials Market Regional Insights:
North America: The region has experienced substantial growth in modular construction, driven by an increase in new construction projects. Despite rising raw material prices and interest rates, the construction output has risen, primarily due to the expansion in the residential housing sector.
Asia Pacific: This region is expected to dominate the global market, fueled by a growing population, urbanization, expanding industries, and substantial investments in the construction sector. Government focus on infrastructure development in countries like India is expected to drive performance in building materials segments.
Europe: The European Modular Construction Materials Market is growing due to increased demand for affordable housing units and government initiatives to promote green buildings. Significant infrastructure expenditure in countries like France and Germany is boosting the demand for modular construction materials.
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Modular Construction Materials Market Segmentation:
by Material
Steel
Concrete/Cement
Wood
Plastic
by Modular Construction Type
Permanent
Temporary
by End-User
Residential Buildings
Commercial Buildings
Industrial Buildings
Modular Construction Materials Market Key Players:
Steel
1. ArcelorMittal
2. Nippon Steel & Sumitomo Metal Corporation (NSSMC)
3. A-1 Alloys
4.Tata Steel Limited
5.China Baowu Steel Group Corp., Ltd
6. Nucor
Concrete/Cement
1. Cemex
2. Vulcan Materials Co.
3. Holcim
4. HeidelbergCement
5.UltraTech RMC
6.JK Cement
Wood
1.WOODCHUCK USA
2.Excel Dowel & Wood Products LLC
3. Richwood Industries
4.Jaywood Pallet Mfg. Co.
Plastic
1. LyondellBasell
2. BASF
3.Dow Chemical Company
4. SABIC
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Table of content for the Modular Construction Materials Market includes:
1. Global Modular Construction Materials Market: Research Methodology
2. Global Modular Construction Materials Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Modular Construction Materials Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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