Global Concrete Construction Materials Market Overview
Concrete construction is particularly used in building and construction. These materials are mixed with cement, bitumen, lime, gypsum, or other adhesive to form aggregate. The concrete gives stability, volume, resistance to wear or erosion, and other desired physical properties to finished product. Rapid growth in construction industries drives the target market growth globally. For instance according to data published by International Journal of Engineering and Science Invention, the global construction market is likely to rise by 3.7% per year and reach US$12.4 trillion by 2022 from US$10.4 trillion in 2017. In addition, rising demand for concrete construction material and increasing activities in infrastructure and demand gains for crushed stone and alternative aggregates across the globe is the major factor driving growth of the global market. Moreover, innovation in the construction sector and rising tourism activities is expected to support growth of the global concrete construction market over the forecast period.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
The global concrete construction materials market report segments the market on the basis of type, application, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global concrete construction materials market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Key players in the concrete construction materials market include,
- IHI
- BASF
- Alumasc
- DuPont
- Amvic Systems
- Forbo
- Bauder
- Kingspan
- LafargeHolcim
- PPG Industries
Prophecy Market Insights offers required customization on this report according to specific business requirements.
FAQs
The concrete construction materials market report segmented into type, application, and region.
Factors driving market growth include the increasing demand for sustainable and durable construction materials, advancements in concrete technology, and the growth of the construction industry.
Global restraints may involve challenges in recycling and disposal of concrete waste, competition from alternative building materials, and the impact of construction industry cyclicality.
The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is estimated to dominate the Concrete Construction Materials Market, exhibiting a significantly high revenue share over the forecast period.
The key players operating in the construction and building materials industry include IHI, BASF, Alumasc, DuPont, Amvic Systems, Forbo, Bauder, Kingspan, LafargeHolcim, and PPG Industries.