Building Materials Market Outlook 2030: Leading Companies & Share Insights
Building Materials Market Size & Insights
According to MarkNtel Advisors study The future of Global Building Materials Market size is valued at around USD 1.69 trillion in 2025 and is projected to reach USD 2.24 trillion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.80% during the forecast period, i.e., 2025-30.
What are the Key Driver in the Building Materials Market?
Building Information Modeling (BIM) Driving Market Growth – The growth of the market is primarily driven by BIM. It is a software platform that integrates 3D modeling with project management and visualization tools, thereby providing comprehensive details about building objects, including physical, technical, and commercial characteristics. This technology is particularly revolutionizing the engineering and construction (E&C) industry by increasing collaboration across the value chain and pushing transparent stakeholder interaction.
Moreover, BIMs are highly capable of quickly accessing shipping, construction times, and life cycle costs, thereby streamlining project planning and execution and also leading to large productivity gains, which is estimated at 15% to 25% by 2025. This is making projects more feasible and is also accelerating their delivery, thereby increasing the overall demand for building materials. Additionally, governments worldwide are increasingly mandating BIM for public projects in countries such as the UK, the United States, and South Korea, which is further increasing its adoption and the need for BIM readiness from building material suppliers, thereby contributing to the growth & expansion of the market.
What are the Key Segments in the Building Materials Market?
The Building Materials is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Material Type
- Aggregates- Market Size & Forecast 2020-2030, Thousand Tons
- Cement- Market Size & Forecast 2020-2030, Thousand Tons
- Bricks and Blocks- Market Size & Forecast 2020-2030, Thousand Tons
- Metals- Market Size & Forecast 2020-2030, Thousand Tons
- Others- Market Size & Forecast 2020-2030, Thousand Tons
- By End User
- Residential- Market Size & Forecast 2020-2030, Thousand Tons
- Commercial- Market Size & Forecast 2020-2030, Thousand Tons
- Industrial- Market Size & Forecast 2020-2030, Thousand Tons
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How does geographical analysis highlight in the Building Materials market?
· By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Who are the Key Players in Building Materials Market?
· China National Building Material Co., Ltd.
· CRH PLC
· LafargeHolcim Ltd.
· Saint-Gobain
· HeidelbergCement
· CEMEX
· BBMG Corporation Ltd.
· USG Corporation
· Nippon Steel Corporation
· Dyckerhoff AG
· Buzzi Unicem SpA
· Vulcan Materials Company
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Building Materials Market News
2025: CRH PLC agreed to acquire Eco Material Technologies, a supplier of supplementary cementitious materials, for USD2.1 billion to expand its presence in North America. This transaction secures the long-term supply of critical materials for future growth and puts CRH at the forefront of the transition to next-generation cement and concrete.
2024: HeidelbergCement reached a major milestone with the mechanical completion of its carbon capture facility at the Brevik CCS project, Europe’s first large-scale CCUS cement plant. The next step is a testing phase before the facility is expected to open in 2025.
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Why This MarkNtel Advisors Research Report:
- In-depth Market Analysis: Understand trends and dynamics shaping growth.
- Segmented Insights: Target specific segments for focused strategies.
- Geographical Performance: Assess market opportunities by geographic area.
- Emerging Technologies: Discover advancements like AI integration.
- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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