Press Release Description
Global Building Materials Market to Reach USD2.24 Trillion by 2030 Due to Booming Asian-Pacific Construction Industry
Global Building Materials Market Overview, Trends, Size and Forecast: 2025-2030
The Global Building Materials Market size is valued at around USD1.69 trillion in 2025 and is projected to reach USD2.24 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, cites MarkNtel Advisors in the recent research report. The market growth is driven by the growing urban population, which has led to the rise in the development of buildings in all sectors, such as residential, commercial, industrial, etc. For instance, according to a recent projection, nearly 7 in 10 people globally will reside in cities by 2050. This will directly increase the demand for durable building materials.
Moreover, the primary driver for the market growth is Building Information Modeling (BIM), which helps in optimizing time and resources. This is increasingly being adopted by governments and industries globally, as this software platform integrates 3D modeling and data management, thereby pushing collaboration, streamlined workflows, and making construction projects more cost-effective and environmentally aligned.
Furthermore, sustainability mandates are becoming stricter, which is increasing the need for companies to adapt to them, thereby increasing the need for green practices in the building materials market globally. For instance, the construction sector globally contributes over 10% to the world's total GDP, thereby increasing its inclination towards digital tools and sustainable practices to achieve the global sustainability goals. This is driving the demand for advanced building materials that not only offer strength but also low carbon emissions from production processes and their complete lifecycle, further states the research report, “Global Building Materials Market Analysis, 2025.”
Global Building Materials Market Segmentation Insights:
Aggregates Material Type Generating Maximum Market Demand
Based on material type, the market is further segmented into aggregates, cement, bricks & blocks, metals, and others. The aggregates segment of the building materials industry holds the largest market share, nearly 73%. This market dominance is due to the aggregate components, such as sand, gravel, and crushed stone, playing an important role in the production of concrete and asphalt. These components make up nearly 80% of concrete mixtures and over 90% of asphalt compositions. For instance, the construction of a typical residential house requires approximately 400 tons of aggregate, while a single lane-mile of highway requires up to 38,000 tons. Moreover, due to its global abundance, the cost of aggregates has lowered, thereby contributing to their widespread application in almost all sectors globally.
Global Building Materials Market Regional Analysis:
Asia-Pacific is the Epicenter of the Building Materials Industry
Asia-Pacific dominates the Global Building Materials industry with a market share of around 47.88% and this regional industry is anticipated to grow at a CAGR of around 6.98% during the forecast period. This region’s market dominance is driven by the rapidly growing population and urban development in developing countries such as China, India, and Vietnam. For instance, China alone consumes over half of the world’s cement, thereby requiring continuous demand for building materials. Moreover, this increased activity in the construction sector in the Asia-Pacific region is also increasing environmental challenges, thereby pushing the governments and private sector in this region to invest in green building initiatives and sustainable building materials. As a result, this is contributing to the higher size & volume Asia-Pacific Building Materials Market.
Top Companies in the Global Building Materials Market
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading Building Materials Market companies, including 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, and others, are looking forward to increase their market size & share.
Key Questions Answered in the Research Report
- What is the scope, size, value, and forecast of the Building Materials Market?
- What is the volume and share of each segment in the Building Materials Market?
- What are the key trends shaping the Building Materials Market from 2025 to 2030?
- What growth factors and risks impact the Building Materials Market?
- What are the main challenges faced by players in the Building Materials Market?
- What are the top opportunities in the Building Materials Market?
- What does competitive analysis reveal about the Building Materials Market landscape?
- Who are the key players and companies leading the Building Materials Market?
- What innovations are transforming the future dynamics of the Building Materials Market?
- How are partnerships and collaborations driving Building Materials Market growth?
- How does the Building Materials Market differ based on geography and segments?
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