Construction Products Market By Manufacturers, Regions, Type And Application, Forecast To 2018 – 2026

With global population expected to reach 9.8 billion by 2050 and two out of three people predicted to be living in urban areas according to the United Nations, construction is seeing greater demand than ever before. With the increase in population, more people are shifting to cities and this is increasing the congestion in urban regions. Hence, construction of residential units with sustainable and efficient solutions (products) has become highly important. Construction products is a broad category and includes equipment, raw materials etc. With rapid growth in construction industry worldwide, demand for construction products is anticipated to mount at a considerable rate.

The global construction products market is expected to witness steady growth in the near future. Rapid growth in middle class population due to increase in disposable income has led to a surge in construction of housing units and other residential activities. This has led to the increase in demand for construction products. Rising environmental concerns have led to growth in demand for sustainable infrastructure by adoption of eco – friendly construction materials which in turn is driving the growth of the construction products market.

Purchase our premium research report at:

Additionally, government initiatives to increase the number of smart cities globally are also impacting the growth of the construction products market. Increased demand for public services such as public transport, road networks, drainage and sewage systems etc. is also enhancing the growth of the market. However, uncertain macro-economic conditions such as material crisis, price fluctuation of construction products, government instability in specific countries etc. are some of the key factors that restraint the growth of the construction products market. Increase in the number of mergers & acquisitions and collaborations of overseas based companies with local companies to cover untapped markets are key opportunities for growth of the construction products market.

One of the prominent trends emerging in the global construction products market is adoption of advanced technologies to increase efficiency. Application of new technologies and materials is helping to increase the productivity in the construction industry. Prefabricated modular building blocks, high-performance concrete, durable bricks, condensed silica fume, mineral admixtures, and high-volume fly ash concrete are some of the examples of technologically advanced construction products. Usage of drones, virtual reality, augmented reality, BIM, and project management are revolutionizing the construction products market.

Get More Press Releases by TMR:

The global construction products market can be segmented on the basis of product type, end-use application, and geography. Based on product type, the construction products market can be segmented into equipment and other products. Equipment can be further sub segmented into light and heavy equipment. Examples of light equipment includes machinery for concrete mixing, compaction, dewatering, heating, sanding and grinding, welding and drilling etc. whereas heavy machinery includes earthmoving, material handling, heavy construction vehicles etc. Construction products include cement, concrete bricks, metals, construction aggregates, and other associated materials. According to end-use application, the construction products market can be segmented into industrial, residential, and commercial construction. In terms of geography, the construction products market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific region is acquiring a major market share in terms of application of construction products due to growth of the construction industry in China, India, and many Southeast Asian countries. However, in terms of application of technology, the Middle East, U.S. and Europe acquiring major market share.

Some of the prominent players operating in the global construction products market include LafargeHolcim, HeidelbergCement, China National Building Material Company, CEMEX, Aditya Birla Group, OKUTAMA KOGYO, James Hardie Building Products, Ambuja Cements, DALMIA BHARAT, Vulcan Materials, Cementir Holding, Shandong Shanshui Cement Group (Sunnsy), China Resources Cement Holdings, Athabasca Minerals, Beijing Jinyu Group etc. These players compete with each other with respect to technological advancements, new product designs, etc. in order to have a competitive edge in the market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Factory Automation

TMR’s business intelligence of the factory automation sector stands apart for extensively covering how Industry 4.0 is taking factory automation to the next level. Process development, reduced production cycle, and improved logistics are some real advantages of Industry 4.0 that mostly all industry sectors, including automotive, packaging, and electronics and semiconductors are witnessing are covered in our reports. The rapid integration of next-gen technologies that are compelling players to be adaptable, resulting in increased competition is the highlight of competitive analysis of the factory automation sector presented via our reports.

TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.

Contact us:

Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY – 12207,
United States
Tel: +1-518-618-1030 Email: [email protected]