Building Materials Market Size & Insights
The 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. The growth of the market is driven by multiple factors, such as sustainability, a rapidly growing urban population globally, particularly in developing countries such as India and China.
What are the Key DROs 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.
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
- Cement
- Bricks and Blocks
- Metals
- Others
Based on the material type, the aggregates segment holds the largest market share of around 73%. The dominance of this segment is due to the heavy mining of aggregates like sand, gravel, and crushed stone across the globe, which makes up to 80% of concrete mixes and over 90% of asphalt pavements.
By End User
- Residential
- Commercial
- Industrial
Based on end user, residential holds the largest market share of around 45% and it is anticipated to witness a CAGR of around 6.02% during the forecast period.
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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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- Risk Identification: Pinpoint challenges to inform strategic planning.
- Future Forecasts: Prepare for market changes with actionable projections.
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