Building Product Market
Building Product Market Study by Plasters, Renders, Skim Coats, and Filling Compounds from 2024 to 2034
Analysis of Building Product Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Building Product Market Outlook (2024 to 2034)
The global building product market size is estimated at US$ 47.26 billion in 2024 and is forecasted to reach a size of US$ 77.72 billion by 2034-end, expanding at a CAGR of 5.1% between 2024 and 2034.
A vast array of materials, parts, systems, and technologies are referred to as "building products" when discussing the development and construction of buildings and other structures. These goods improve a building's overall performance, aesthetics, usefulness, and physical structure.
Building products are used at different stages of the construction process. They include both finished goods and raw materials. Plasterboard has become a popular alternative to traditional plaster-and-lath walls due to its ease of installation, cost-effectiveness, and versatility.
Sustainable and ecologically friendly components, such as recycled materials, energy-saving technologies, and eco-friendly finishes, are used in construction to reduce its negative effects on the environment. Integrated technologies and systems, such as energy management systems, smart home technologies, and building automation systems, improve a building's overall performance and efficiency.
In the construction sector, building products are essential because they affect a structure's sustainability, efficiency, safety, and longevity. Dry construction refers to a building method where construction elements are assembled without the use of wet processes like mortar laying or concrete pouring.
Key Drivers for Market Growth
- The market is transforming due to rising demand for contemporary, aesthetically pleasing, and environmentally friendly building products.
- Modernized electric infrastructure, energy efficiency programs, and urbanization are driving growth in the electrical sector.
- Consumer preferences are changing the building product market. Examples include the desire for high-end flooring materials, eco-friendly and stylish sanitary ware, and smart electronic systems.
| Report Attributes | Details |
|---|---|
| Building Product Market Size (2024E) | US$ 47.26 Billion |
| Forecasted Market Value (2034F) | US$ 77.72 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.1% CAGR |
| North America Market Share (2034F) | 22.67% |
| East Asia Market Growth (2024 to 2034) |
5.6% CAGR |
| Renders Segment Market Share (2024E) | 31.5% |
| East Asia Market Share (2024E) | 36.5% |
| Key Companies Profiled | PPG Industries; Ardex; Parex Group SA; Toupret; Rockwool International; China National Building Material Company; Knauf Gips KG; Ceresit |
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Which Market Trends are Opening Up Opportunities for Building Product Manufacturers?
“Rapid Urbanization and Consequent Increase in Infrastructure Development Projects”
Urbanization, or the migration of people from rural to urban areas in quest of greater economic prospects, amenities, and educational opportunities, is a process that frequently follows population growth. In addition to new residential construction, there is a need for existing structures to be upgraded and renovated to accommodate the expanding population. This covers the construction of roads, bridges, schools, hospitals, and other crucial public buildings in addition to transportation networks.
“Rising Investments in Construction Projects”
Positive economic conditions, reflected by GDP growth, exert a substantial impact on the construction sector. The increased demand for residential and commercial construction projects is a result of this increased economic activity. Construction projects may stall during the recession as a result of lowered corporate and consumer confidence, more stringent lending requirements, and an all-around more cautious investment strategy. To predict trends, make wise business decisions, and match their strategy with the current economic environment, stakeholders in the market must thereby comprehend the relationship between economic conditions and construction activity.
How is Global Market Growth being Restrained to Some Extent?
“Rising Material Costs Due to Stringent Trade Regulations for Contractors”
Global market developments, trade regulations, and environmental factors can all have a substantial impact on the price of raw materials. Growing expenses have the potential to lower manufacturers' and builders' profit margins and raise the overall cost of construction projects.
Growing material costs make it harder for builders and contractors to bid on projects. Pricing volatility might make it challenging to provide precise projections or continue turning a profit on fixed-price contracts. This may occasionally result in project cancellations or delays, especially if the costs rise above the client's budget.
“Labor Shortages in Many Parts of the World”
In the construction sector, a lack of skilled workers can be a major obstacle. This issue is frequently brought on by an aging labor force, a lack of interest in construction occupations among younger generations, and difficulties with workforce development and training.
The aging workforce is one of the main causes of labor shortage. There's a noticeable shortage of skilled labor, especially in trades requiring specific knowledge and experience, as older, more experienced workers retire. The younger generation's changing educational and job preferences as they frequently choose digital and service-oriented careers over conventional sectors like construction means that the influx of younger people does not sufficiently offset this generational change.
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Country-wise Insights
Rapid urbanization in China has been a major factor behind market expansion in the country. There has been an ongoing need for residential and commercial construction due to the substantial population shift from rural to urban areas. The market in the United States is a complicated synthesis of different industries, including commercial, industrial, and residential construction, and it is impacted by several variables, such as technical advancements and economic cycles.
What is the Demand Outlook for Building Products in China?
“Focus on Technological Advancements Due to Need for Efficiency and Speed in Construction”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 9.81 Billion |
| Growth Rate (2024 to 2034) | 5.7% CAGR |
| Projected Value (2034F) | US$ 17.1 Billion |
Due to its substantial influence on the global construction sector and its rapid growth, the building product market in China has drawn attention from all over the world. The market in China is expanding, fueled by the country's expanding population, rapid urbanization, and ongoing economic growth. This market includes a broad range of goods, including mechanical and electrical systems, fixtures, fittings, and building materials.
Driven by the demand for efficiency and speed in construction, China is embracing more modern construction technologies, such as prefabrication and modular construction, in terms of technological innovation. The industry is changing as a result of the use of digital technology like building information modeling (BIM), which enhances project planning and administration.
Why are Building Product Suppliers Thriving in the United States?
“Growing Infrastructure Development in Compliance with Government Regulations”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 9.69 Billion |
| Growth Rate (2024 to 2034) | 5.5% CAGR |
| Projected Value (2034F) | US$ 16.62 Billion |
The United States is known for being highly sensitive to changes in the economy. There is a noticeable increase in construction activity during periods of economic expansion, which raises the demand for building supplies. This increase is frequently driven by the residential sector, particularly during times of cheap borrowing rates and rising consumer confidence. Even though it may respond to changes in the economy more slowly, commercial construction, which encompasses office spaces, retail establishments, and industrial facilities, also makes a substantial contribution.
The regulatory landscape and policy shifts in the United States significantly influence the market for construction products. The items that are permitted for use in construction are directly impacted by regulations about environmental effects, safety, and building requirements. Growing emphasis on sustainability and green building techniques in recent years has increased demand for eco-friendly materials and energy-efficient products.
Category-wise Insights
In the construction sector, renders are essential because they fulfill both practical and decorative needs. Generally, the external walls of structures are covered with a plaster called renders. They are made up of a combination of materials such as cement, lime, sand, and other materials to enhance their durability and function. The market comprises a diverse range of materials, methods, and solutions utilized in residential building construction, repair, and upkeep.
Which Product Type is Projected to Occupy a Leading Market Share?
“Renders Playing Critical Role in Preserving Building Longevity and Structural Integrity"
| Attribute | Renders |
|---|---|
| Segment Value (2024E) | US$ 14.88 Billion |
| Growth Rate (2024 to 2034) | 5.3% CAGR |
| Projected Value (2034F) | US$ 25.49 Billion |
Renders serve the main purpose of shielding walls from weather-related elements such as wind, rain, and extreme temperatures. To preserve the longevity and structural integrity of buildings, they serve as a shield, stopping moisture from penetrating the building structure. Construction aggregate refers to a category of coarse particulate materials used in construction activities such as building, road, and bridge construction. In regions with severe weather, where structures are more frequently exposed to the elements, this protective layer is especially crucial.
Renders are utilized for aesthetic reasons in addition to their defensive functions. They provide a means of improving the outside look of buildings. Architects and builders can generate a variety of visual effects and match the building's appearance to certain architectural styles or customer preferences due to the range of textures and colors accessible with renderings. Renders have the power to significantly change a building's appearance and feel, from sleek finishes to textured or patterned surfaces.
Which Application of Building Products Accounts for Higher Revenue Generation?
"Residential Segment Accounts for Extensive Building Product Use for Sustainability Goals"
The use of building products in residential construction is driven by regulatory frameworks, consumer preferences, technological advancements, and environmental concerns. For the foreseeable future, this segment is projected to be shaped by the emphasis on energy efficiency, sustainability, and smart home technologies.
Fiberglass, foam, and cellulose are examples of insulation materials that are crucial for preserving temperature regulation and energy efficiency in dwellings. The demand for cutting-edge insulation materials that provide excellent performance with little environmental impact has increased due to the push toward green building practices.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Businesses compete by bringing new items to market that are more attractive, durable, energy-efficient, or perform better. Many producers, distributors, retailers, and service providers are present in the market. Because of their broad product lines and well-known brands, major global players in the building product market enjoy control over particular markets such as roofing or HVAC systems.
- American Gypsum, a manufacturer, supplier, and distributor of gypsum wallboard products in the United States, was granted permission by Eagle County in September 2021 to expand its 830-acre mine by 99.2 acres. This development gives the Gypsum-based company a 25-year supply of raw materials and assists the company in solidifying its position in the industry.
Segmentation of Building Product Market Research
-
By Product Type:
- Plasters
- Renders
- Skim Coats
- Filling Compounds
-
By End Use:
- Residential
- Commercial
- Industrial
- Infrastructural
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Product Type
- 9.1. Plasters
- 9.2. Renders
- 9.3. Skim Coats
- 9.4. Filling Compounds
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by End Use
- 10.1. Residential
- 10.2. Commercial
- 10.3. Industrial
- 10.4. Infrastructural
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. PPG Industries
- 21.2. Ardex
- 21.3. Parex Group SA
- 21.4. Toupret
- 21.5. Rockwool International
- 21.6. China National Building Material Company
- 21.7. Knauf Gips KG
- 21.8. Ceresit
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Product Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By End Use
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Product Type, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Product Type, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Product Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By End Use, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Product Type, 2024 (E)
Figure 18: North America Market Value Share, By End Use, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Product Type, 2024 (E)
Figure 26: Latin America Market Value Share, By End Use, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Product Type, 2024 (E)
Figure 34: Europe Market Value Share, By End Use, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Product Type, 2024 (E)
Figure 42: South Asia Market Value Share, By End Use, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Product Type, 2024 (E)
Figure 50: East Asia Market Value Share, By End Use, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Product Type, 2024 (E)
Figure 58: Oceania Market Value Share, By End Use, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Product Type, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product Type, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Product Type, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By End Use, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Product Type, 2024 (E)
Figure 78: Canada Market Value Share, By End Use, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Product Type, 2024 (E)
Figure 81: Mexico Market Value Share, By End Use, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Product Type, 2024 (E)
Figure 84: Brazil Market Value Share, By End Use, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Product Type, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By End Use, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Product Type, 2024 (E)
Figure 90: Germany Market Value Share, By End Use, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Product Type, 2024 (E)
Figure 93: France Market Value Share, By End Use, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Product Type, 2024 (E)
Figure 96: Italy Market Value Share, By End Use, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Product Type, 2024 (E)
Figure 99: Spain Market Value Share, By End Use, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Product Type, 2024 (E)
Figure 102: Russia Market Value Share, By End Use, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Product Type, 2024 (E)
Figure 105: China Market Value Share, By End Use, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Product Type, 2024 (E)
Figure 108: Japan Market Value Share, By End Use, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Product Type, 2024 (E)
Figure 111: South Korea Market Value Share, By End Use, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Product Type, 2024 (E)
Figure 114: India Market Value Share, By End Use, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Product Type, 2024 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Product Type, 2024 (E)
Figure 120: Australia Market Value Share, By End Use, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Product Type, 2024 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Product Type, 2024 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Product Type, 2024 (E)
Figure 129: Turkey Market Value Share, By End Use, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Product Type, 2024 (E)
Figure 132: South Africa Market Value Share, By End Use, 2024 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the building product market in 2024?
The global building product market is estimated at US$ 47.26 billion in 2024.
What are the projected sales of building products for 2034?
By 2034-end, worldwide sales of building products are forecasted to reach US$ 77.72 billion.
What is the demand growth projection for building products?
Demand for building products is forecasted to increase at 5.1% CAGR over the next 10 years.
How is the market for building products progressing in East Asia?
Sales of building products in East Asia are projected to increase at 5.6% CAGR from 2024 to 2034.
Which product type is projected to account for higher demand?
Demand for renders is forecasted to increase at a CAGR of 5.3% from 2024 to 2034.
Building Product Market