Press release
Construction Materials Market to Reach USD 1,867.16 Billion by 2032
Construction Materials Market
This information is provided by Fortune Business Insightsโข in its research report, titled "Construction Materials Market, 2024-2032".
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข China National Building Material Co., Ltd. (China)
โข CRH PLC (Ireland)
โข LafargeHolcim Ltd. (Switzerland)
โข BBMG Corporation Ltd. (China)
โข HeidelbergCement AG (Germany)
โข CEMEX S.A.B. de C.V. (Mexico)
โข Knauf Gips KG (Germany)
โข Lixil Group Corporation (Japan)
โข Anhui Conch Cement Co., Ltd. (China)
โข Boral Limited (Australia)
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/construction-materials-market-107415
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ ๐ ๐ซ๐๐ ๐๐ญ๐๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐๐ฅ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐ข๐ง ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
By material type, the market is categorized into metals, aggregates, bricks and blocks, cement, and others. The aggregates segment is slated to register substantial expansion over the estimated period. The rise is due to the escalating demand for shopping malls, modern workplaces, and commercial buildings.
Residential Segment to Depict Notable Growth Driven by Urban Migration
Based on end-user, the market for construction materials is fragmented into infrastructure, residential, commercial, and industrial. The residential segment is set to depict considerable growth over the projected period. The surge can be credited to the increasing population migration from rural to urban areas on account of escalating government initiatives for residential development.
By geography, the market is subdivided into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report gives an in-depth analysis of the major factors propelling the global business scenario throughout the forthcoming years. It further provides an insight into the key trends driving market expansion over the study period. These insights have been furnished after extensive data collation from trusted sources.
๐ฎ๐๐ ๐ ๐ธ๐๐๐๐:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/construction-materials-market-107415
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐ ๐๐ฏ๐จ๐ซ๐๐๐ฅ๐ ๐๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐๐ง๐ข๐ญ๐ข๐๐ญ๐ข๐ฏ๐๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
The major aspects propelling the construction materials market growth are increased urbanization and rapid expansion of remote areas. Various governments are considering smarter ways for the management of traffic complexities, improving the quality of life, and enhancing efficiencies.
However, the market expansion may be hampered due to increasing concerns for unfavorable circumstances in construction.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐๐ฆ๐๐ซ๐ ๐ ๐๐ฌ ๐๐๐๐๐ข๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐๐ฌ
The Asia Pacific construction materials market share is slated to depict considerable expansion over the forecast period. The rise is on account of an escalation in infrastructural activities in the region.
The North America market is set to exhibit notable growth throughout the projected period. The surge is driven by increasing dependence of the U.S. construction sector on supplies of aluminum, copper, and fixtures from other countries.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Major Industry Players Roll Out New Products to Strengthen Market Foothold
Key market participants ink collaborative deals and agreements for the purpose of strengthening industry footing. Furthermore, several companies design a range of strategies for boosting the business scenario. Some of the initiatives comprise acquisitions, mergers, and the launch of new products.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
January 2020 - Breedon Group inked an agreement for the acquisition of Cemex U.K. operations. The assets comprise 100 active operations across 6 divisions in the U.K.
๐น๐๐๐ ๐ด๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐
https://www.fortunebusinessinsights.com/construction-materials-market-107415
๐น๐๐๐๐๐๐ ๐น๐๐๐๐๐๐ -
Construction Additives Market: https://www.fortunebusinessinsights.com/construction-additives-market-102868
Construction Chemicals Market: https://www.fortunebusinessinsights.com/construction-chemicals-market-102539
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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