Building Products Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global Building Products Market. This report provides an in-depth evaluation of critical market dynamics, including drivers, trends, opportunities, and challenges, delivering detailed insights into the market structure.

Key Insights:

Building Products Market Size (2024E): USD 52.8 Bn
Projected Market Value (2031F): USD 80.5 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 6.2%

Building Products Market - Report Scope:

The Building Products Market encompasses a broad range of materials, components, and systems used in the construction and renovation of residential, commercial, and industrial structures. This includes, but is not limited to, materials like concrete, steel, insulation, and roofing. With increasing urbanization and growing demand for sustainable building solutions, the market is expected to witness significant growth. Furthermore, evolving building standards and regulations for energy efficiency and green building solutions have positioned the Building Products Market as a pivotal segment within the construction industry.

Market Growth Drivers:

The Building Products Market's growth is driven by several key factors, including increased urban development, infrastructure expansion, and a rising demand for sustainable building solutions. With an increasing focus on energy-efficient building practices and sustainable development goals, the demand for eco-friendly materials and technologies has surged. The rise in residential and commercial projects, particularly in emerging economies, further drives the demand for innovative building products. Additionally, advancements in construction technologies, such as modular construction and 3D printing, have opened new avenues for building product adoption.

Market Restraints:

Despite the promising growth prospects, the Building Products Market faces challenges, including fluctuating raw material prices and stringent regulations. The cost volatility of essential materials like steel and cement impacts the overall construction budget and profitability for industry players. Furthermore, compliance with environmental regulations can increase operational costs for manufacturers. These factors, coupled with labor shortages in certain regions, can hinder the market's growth trajectory. Addressing these issues requires investment in sustainable production methods and the adoption of efficient manufacturing practices.

Market Opportunities:

The Building Products Market presents substantial opportunities driven by technological innovations and an increasing emphasis on sustainable materials. The demand for green building products, such as energy-efficient insulation, low-VOC paints, and recycled materials, has created new growth avenues. Additionally, the rise of smart buildings, which incorporate IoT-enabled building products for energy management and enhanced occupant comfort, represents a growing trend. Investments in research and development to introduce cost-effective and eco-friendly solutions are crucial for tapping into these opportunities and maintaining market competitiveness.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Building Products Market globally?
Which application areas are leading the adoption of building products?
How are technological advancements influencing the competitive landscape of the Building Products Market?
Who are the key players in the Building Products Market, and what strategies are they employing to stay competitive?
What are the emerging trends and future prospects in the global Building Products Market?

Competitive Intelligence and Business Strategy:

Leading players in the global Building Products Market, including Saint-Gobain, BASF SE, and CRH plc, are focusing on sustainability, innovation, and product differentiation to maintain a competitive edge. These companies are investing in research and development to improve product performance and to meet stringent environmental standards. Strategic partnerships with construction firms, architects, and technology providers enable these companies to expand their market presence and accelerate product adoption. Emphasis on digital tools, sustainable product offerings, and comprehensive marketing strategies further enhance consumer acceptance and drive growth in the Building Products Market.

Key Companies Profiled:

Akzo Nobel N.V.
PPG Industries, Inc.
Sto SE & Co. KGaA
USG Corporation
Compagnie de Saint-Gobain
Ardex
Knauf Gips KG
Kerakoll Group

Building Products Industry Segmentation:

By End Use

Residential
Wholesale and Retail Buildings
Offices
Academic and Educational Buildings
Hotels and Restaurants
Others

By Region

North America
Latin America
Europe
Asia Pacific (APAC)
Middle East and Africa (MEA)

Product Code: PMRREP17800

1. Executive Summary

1.1. Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy

3. Market Viewpoint

3.1. Macro-Economic Factors
3.2. Opportunity Analysis

4. Global Building Products Market Analysis 2019-2023 and Forecast 2024-2031

4.1. Introduction
- 4.1.1. Market Volume Projections
- 4.1.2. Market Size and Y-o-Y Growth
- 4.1.3. Absolute $ Opportunity
4.2. Building Products and Drywall Estimated Price Build-up
4.3. Value Chain

5. Forecast Factors: Relevance and Impact

6. Global Building Products & Drywall Market Analysis 2019-2023 and Forecast 2024-2031 By Product Type

6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Bn) and Volume Analysis By Product Type, 2019-2023
6.3. Current Market Size (US$ Bn) and Volume Forecast By Product Type, 2024-2031
- 6.3.1. Plasters
  - 6.3.1.1. Gypsum
  - 6.3.1.2. Lime
  - 6.3.1.3. Cement
- 6.3.2. Skim Coats
  - 6.3.2.1. Cement
  - 6.3.2.2. Gypsum
  - 6.3.2.3. Polymer
  - 6.3.2.4. Lime
- 6.3.3. Filling Compounds
  - 6.3.3.1. Cement
  - 6.3.3.2. Gypsum
  - 6.3.3.3. Polymer
  - 6.3.3.4. Lime
- 6.3.4. Renders
  - 6.3.4.1. Cement
  - 6.3.4.2. Gypsum
  - 6.3.4.3. Polymer
  - 6.3.4.4. Lime
- 6.3.5. Drywall
6.4. Key Trends / Developments
6.5. Market Attractiveness Analysis By Product Type

7. Global Building Products & Drywall Market Analysis 2019-2023 and Forecast 2024-2031 By End Use Sector

7.1. Introduction / Key Findings
7.2. Historical Building Products Market Size (US$ Bn) and Volume Analysis By End Use Sector, 2019-2023
7.3. Current Building Products Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 7.3.1. Residential
  - 7.3.1.1. Interior
  - 7.3.1.2. Exterior
- 7.3.2. Commercial
  - 7.3.2.1. Interior
  - 7.3.2.2. Exterior
- 7.3.3. Infrastructure
- 7.3.4. Industrial
  - 7.3.4.1. Interior
  - 7.3.4.2. Exterior
7.4. Historical Drywall Market Size (US$ Bn) and Volume Analysis By End Use Sector, 2019-2023
7.5. Current Drywall Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 7.5.1. Residential
- 7.5.2. Wholesale & Retail Buildings
- 7.5.3. Offices
- 7.5.4. Academic & Educational Buildings
- 7.5.5. Hotels & Restaurants
- 7.5.6. Others
7.6. Key Trends / Developments
7.7. Market Attractiveness Analysis By End Use Sector

8. Global Building Products and Drywall Market Analysis 2019-2023 and Forecast 2024-2031 By Region

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Bn) and Volume Analysis By Region, 2019-2023
8.3. Current Market Size (US$ Bn) and Volume Forecast By Region, 2024-2031
- 8.3.1. North America
- 8.3.2. Latin America
- 8.3.3. Asia Pacific
- 8.3.4. Europe
- 8.3.5. Middle East and Africa
8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2019-2023 and Forecast 2024-2031

9.1. Introduction
9.2. Key Regulations
9.3. Pricing Analysis
9.4. Regional Market Dynamics
- 9.4.1. Drivers
- 9.4.2. Restraints
- 9.4.3. Trends
9.5. Historical Market Size (US$ Bn) and Volume Analysis By Market Taxonomy, 2019-2023
- 9.5.1. By Country
- 9.5.2. By Product Type
- 9.5.3. By End Use Sector
9.6. Current Market Size (US$ Bn) and Volume Forecast By Country 2024-2031
- 9.6.1. U.S.
- 9.6.2. Canada
9.7. Current Market Size (US$ Bn) and Volume Forecast By Product Type 2024-2031
- 9.7.1. Plasters
  - 9.7.1.1. Gypsum
  - 9.7.1.2. Lime
  - 9.7.1.3. Cement
- 9.7.2. Skim Coats
  - 9.7.2.1. Cement
  - 9.7.2.2. Gypsum
  - 9.7.2.3. Polymer
  - 9.7.2.4. Lime
- 9.7.3. Filling Compounds
  - 9.7.3.1. Cement
  - 9.7.3.2. Gypsum
  - 9.7.3.3. Polymer
  - 9.7.3.4. Lime
- 9.7.4. Renders
  - 9.7.4.1. Cement
  - 9.7.4.2. Gypsum
  - 9.7.4.3. Polymer
  - 9.7.4.4. Lime
- 9.7.5. Drywall
9.8. Current Building Product Market Size (US$ Bn) and Volume Forecast By End Use Sector 2024-2031
- 9.8.1. Residential
  - 9.8.1.1. Interior
  - 9.8.1.2. Exterior
- 9.8.2. Commercial
  - 9.8.2.1. Interior
  - 9.8.2.2. Exterior
- 9.8.3. Infrastructure
- 9.8.4. Industrial
  - 9.8.4.1. Interior
  - 9.8.4.2. Exterior
9.9. Current Drywall Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 9.9.1. Residential
- 9.9.2. Wholesale & Retail Buildings
- 9.9.3. Offices
- 9.9.4. Academic & Educational Buildings
- 9.9.5. Hotels & Restaurants
- 9.9.6. Others
9.10. Market Attractiveness Analysis
- 9.10.1. By Country
- 9.10.2. By Product Type
- 9.10.3. By End Use Sector
9.11. Key Representative Market Participants
9.12. Market Presence (Intensity Map)

10. Latin America Market Analysis 2019-2023 and Forecast 2024-2031

10.1. Introduction
10.2. Key Regulations
10.3. Pricing Analysis
10.4. Regional Market Dynamics
- 10.4.1. Drivers
- 10.4.2. Restraints
- 10.4.3. Trends
10.5. Historical Market Size (US$ Bn) and Volume Analysis By Market Taxonomy, 2019-2023
- 10.5.1. By Country
- 10.5.2. By Product Type
- 10.5.3. By End Use Sector
10.6. Current Market Size (US$ Bn) and Volume Forecast By Country 2024-2031
- 10.6.1. Brazil
- 10.6.2. Mexico
- 10.6.3. Rest of Latin America
10.7. Current Market Size (US$ Bn) and Volume Forecast By Product Type 2024-2031
- 10.7.1. Plasters
  - 10.7.1.1. Gypsum
  - 10.7.1.2. Lime
  - 10.7.1.3. Cement
- 10.7.2. Skim Coats
  - 10.7.2.1. Cement
  - 10.7.2.2. Gypsum
  - 10.7.2.3. Polymer
  - 10.7.2.4. Lime
- 10.7.3. Filling Compounds
  - 10.7.3.1. Cement
  - 10.7.3.2. Gypsum
  - 10.7.3.3. Polymer
  - 10.7.3.4. Lime
- 10.7.4. Renders
  - 10.7.4.1. Cement
  - 10.7.4.2. Gypsum
  - 10.7.4.3. Polymer
  - 10.7.4.4. Lime
- 10.7.5. Drywall
10.8. Current Building Product Market Size (US$ Bn) and Volume Forecast By End Use Sector 2024-2031
- 10.8.1. Residential
  - 10.8.1.1. Interior
  - 10.8.1.2. Exterior
- 10.8.2. Commercial
  - 10.8.2.1. Interior
  - 10.8.2.2. Exterior
- 10.8.3. Infrastructure
- 10.8.4. Industrial
  - 10.8.4.1. Interior
  - 10.8.4.2. Exterior
10.9. Current Drywall Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 10.9.1. Residential
- 10.9.2. Wholesale & Retail Buildings
- 10.9.3. Offices
- 10.9.4. Academic & Educational Buildings
- 10.9.5. Hotels & Restaurants
- 10.9.6. Others
10.10. Market Attractiveness Analysis
- 10.10.1. By Country
- 10.10.2. By Product Type
- 10.10.3. By End Use Sector
10.11. Key Representative Market Participants
10.12. Market Presence (Intensity Map)

11. Europe Market Analysis 2019-2023 and Forecast 2024-2031

11.1. Introduction
11.2. Key Regulations
11.3. Pricing Analysis
11.4. Regional Market Dynamics
- 11.4.1. Drivers
- 11.4.2. Restraints
- 11.4.3. Trends
11.5. Historical Market Size (US$ Bn) and Volume Analysis By Market Taxonomy, 2019-2023
- 11.5.1. By Country
- 11.5.2. By Product Type
- 11.5.3. By End Use Sector
11.6. Current Market Size (US$ Bn) and Volume Forecast By Country 2024-2031
- 11.6.1. Germany
- 11.6.2. Italy
- 11.6.3. France
- 11.6.4. U.K.
- 11.6.5. Spain
- 11.6.6. Russia
- 11.6.7. Poland
- 11.6.8. Rest of Europe
11.7. Current Market Size (US$ Bn) and Volume Forecast By Product Type 2024-2031
- 11.7.1. Plasters
  - 11.7.1.1. Gypsum
  - 11.7.1.2. Lime
  - 11.7.1.3. Cement
- 11.7.2. Skim Coats
  - 11.7.2.1. Cement
  - 11.7.2.2. Gypsum
  - 11.7.2.3. Polymer
  - 11.7.2.4. Lime
- 11.7.3. Filling Compounds
  - 11.7.3.1. Cement
  - 11.7.3.2. Gypsum
  - 11.7.3.3. Polymer
  - 11.7.3.4. Lime
- 11.7.4. Renders
  - 11.7.4.1. Cement
  - 11.7.4.2. Gypsum
  - 11.7.4.3. Polymer
  - 11.7.4.4. Lime
- 11.7.5. Drywall
11.8. Current Building Product Market Size (US$ Bn) and Volume Forecast By End Use Sector 2024-2031
- 11.8.1. Residential
  - 11.8.1.1. Interior
  - 11.8.1.2. Exterior
- 11.8.2. Commercial
  - 11.8.2.1. Interior
  - 11.8.2.2. Exterior
- 11.8.3. Infrastructure
- 11.8.4. Industrial
  - 11.8.4.1. Interior
  - 11.8.4.2. Exterior
11.9. Current Drywall Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 11.9.1. Residential
- 11.9.2. Wholesale & Retail Buildings
- 11.9.3. Offices
- 11.9.4. Academic & Educational Buildings
- 11.9.5. Hotels & Restaurants
- 11.9.6. Others
11.10. Market Attractiveness Analysis
- 11.10.1. By Country
- 11.10.2. By Product Type
- 11.10.3. By End Use Sector
11.11. Key Representative Market Participants
11.12. Market Presence (Intensity Map)

12. APAC Market Analysis 2019-2023 and Forecast 2024-2031

12.1. Introduction
12.2. Key Regulations
12.3. Pricing Analysis
12.4. Regional Market Dynamics
- 12.4.1. Drivers
- 12.4.2. Restraints
- 12.4.3. Trends
12.5. Historical Market Size (US$ Bn) and Volume Analysis By Market Taxonomy, 2019-2023
- 12.5.1. By Country
- 12.5.2. By Product Type
- 12.5.3. By End Use Sector
12.6. Current Market Size (US$ Bn) and Volume Forecast By Country 2024-2031
- 12.6.1. China
- 12.6.2. India
- 12.6.3. Japan
- 12.6.4. ASEAN
- 12.6.5. Australia and New Zealand
- 12.6.6. Rest of APEJ
12.7. Current Market Size (US$ Bn) and Volume Forecast By Product Type 2024-2031
- 12.7.1. Plasters
  - 12.7.1.1. Gypsum
  - 12.7.1.2. Lime
  - 12.7.1.3. Cement
- 12.7.2. Skim Coats
  - 12.7.2.1. Cement
  - 12.7.2.2. Gypsum
  - 12.7.2.3. Polymer
  - 12.7.2.4. Lime
- 12.7.3. Filling Compounds
  - 12.7.3.1. Cement
  - 12.7.3.2. Gypsum
  - 12.7.3.3. Polymer
  - 12.7.3.4. Lime
- 12.7.4. Renders
  - 12.7.4.1. Cement
  - 12.7.4.2. Gypsum
  - 12.7.4.3. Polymer
  - 12.7.4.4. Lime
- 12.7.5. Drywall
12.8. Current Building Product Market Size (US$ Bn) and Volume Forecast By End Use Sector 2024-2031
- 12.8.1. Residential
  - 12.8.1.1. Interior
  - 12.8.1.2. Exterior
- 12.8.2. Commercial
  - 12.8.2.1. Interior
  - 12.8.2.2. Exterior
- 12.8.3. Infrastructure
- 12.8.4. Industrial
  - 12.8.4.1. Interior
  - 12.8.4.2. Exterior
12.9. Current Drywall Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 12.9.1. Residential
- 12.9.2. Wholesale & Retail Buildings
- 12.9.3. Offices
- 12.9.4. Academic & Educational Buildings
- 12.9.5. Hotels & Restaurants
- 12.9.6. Others
12.10. Market Attractiveness Analysis
- 12.10.1. By Country
- 12.10.2. By Product Type
- 12.10.3. By End Use Sector
12.11. Key Representative Market Participants
12.12. Market Presence (Intensity Map)

13. Middle East and Africa Market Analysis 2019-2023 and Forecast 2024-2031

13.1. Introduction
13.2. Key Regulations
13.3. Pricing Analysis
13.4. Regional Market Dynamics
- 13.4.1. Drivers
- 13.4.2. Restraints
- 13.4.3. Trends
13.5. Historical Market Size (US$ Bn) and Volume Analysis By Market Taxonomy, 2019-2023
- 13.5.1. By Country
- 13.5.2. By Product Type
- 13.5.3. By End Use Sector
13.6. Current Market Size (US$ Bn) and Volume Forecast By Country 2024-2031
- 13.6.1. Gulf Co-Operation Council (GCC) Countries
- 13.6.2. Turkey
- 13.6.3. South Africa
- 13.6.4. Rest of MEA
13.7. Current Market Size (US$ Bn) and Volume Forecast By Product Type 2024-2031
- 13.7.1. Plasters
  - 13.7.1.1. Gypsum
  - 13.7.1.2. Lime
  - 13.7.1.3. Cement
- 13.7.2. Skim Coats
  - 13.7.2.1. Cement
  - 13.7.2.2. Gypsum
  - 13.7.2.3. Polymer
  - 13.7.2.4. Lime
- 13.7.3. Filling Compounds
  - 13.7.3.1. Cement
  - 13.7.3.2. Gypsum
  - 13.7.3.3. Polymer
  - 13.7.3.4. Lime
- 13.7.4. Renders
  - 13.7.4.1. Cement
  - 13.7.4.2. Gypsum
  - 13.7.4.3. Polymer
  - 13.7.4.4. Lime
- 13.7.5. Drywall
13.8. Current Building Product Market Size (US$ Bn) and Volume Forecast By End Use Sector 2024-2031
- 13.8.1. Residential
  - 13.8.1.1. Interior
  - 13.8.1.2. Exterior
- 13.8.2. Commercial
  - 13.8.2.1. Interior
  - 13.8.2.2. Exterior
- 13.8.3. Infrastructure
- 13.8.4. Industrial
  - 13.8.4.1. Interior
  - 13.8.4.2. Exterior
13.9. Current Drywall Market Size (US$ Bn) and Volume Forecast By End Use Sector, 2024-2031
- 13.9.1. Residential
- 13.9.2. Wholesale & Retail Buildings
- 13.9.3. Offices
- 13.9.4. Academic & Educational Buildings
- 13.9.5. Hotels & Restaurants
- 13.9.6. Others
13.10. Market Attractiveness Analysis
- 13.10.1. By Country
- 13.10.2. By Product Type
- 13.10.3. By End Use Sector
13.11. Key Representative Market Participants
13.12. Market Presence (Intensity Map)

14. Competition Landscape

14.1. Market Structure
14.2. Competition Intensity Mapping By Market Taxonomy
14.3. Competition Dashboard
14.4. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 14.4.1. Akzo Nobel N.V.
- 14.4.2. PPG Industries, Inc.
- 14.4.3. Sto SE & Co. KGaA
- 14.4.4. USG Corporation
- 14.4.5. Compagnie de Saint-Gobain&
- 14.4.6. Ardex
- 14.4.7. Knauf Gips KG
- 14.4.8. Kerakoll Group
- 14.4.9. PCI Group
- 14.4.10. Parex Group SA
- 14.4.11. Mapei S.p.A
- 14.4.12. Baumit GmbH
- 14.4.13. Toupret
- 14.4.14. Caparol
- 14.4.15. JUB Group
- 14.4.16. Ceresit
- 14.4.17. Rockwool International A/S
- 14.4.18. China National Building Material Company
- 14.4.19. Etex S.A
- 14.4.20. PABCO Building Products