Non-Residential Building Materials Market by Applications, by Type, by End-User, by Deployment & by Technology 2032
Non-Residential Building Materials Market was valued at USD 630 Billion in 2022 and is projected to reach USD 850 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
From 2023 to 2033, the Non-Residential Building Materials Market is expected to evolve even further, influenced by global trends in sustainability, green building practices, and new construction technologies. The demand for eco-friendly materials and energy-efficient building solutions is projected to increase as governments and private sector players focus more on reducing carbon footprints. Additionally, the rise in smart buildings and the adoption of building automation systems will drive demand for advanced materials such as smart glass, solar panels, and high-performance insulation.
The demand for steel and concrete is anticipated to remain robust through 2033, especially in regions witnessing rapid infrastructure development. However, the market dynamics will shift towards high-quality, sustainable building materials, which will create new growth opportunities for innovative product manufacturers. A particular focus on reducing construction waste, improving material recyclability, and enhancing material performance will shape future market demand.
The market will also be shaped by factors like global supply chain disruptions, geopolitical tensions, and labor shortages, which could affect material availability and cost. Manufacturers will need to adopt more efficient production methods and streamline logistics to stay competitive. Furthermore, construction companies are likely to explore new materials that offer better durability and performance while also being cost-effective in the long run.
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The Non-Residential Building Materials Market from 2018 to 2022 experienced significant shifts due to various factors, including economic changes, technological advancements, and fluctuating demand. The market saw steady growth driven by the increasing number of commercial projects, infrastructure development, and urbanization trends globally. Non-residential buildings, including office spaces, industrial buildings, and retail spaces, contributed substantially to the construction sector's overall demand. Key materials such as steel, concrete, glass, and insulation witnessed high demand, driven by the growing construction activities in both emerging and developed markets.
Who are the largest Global manufacturers in the Non-Residential Building Materials industry?
- Leviat
- DuPont de Nemours
- Inc.
- Nordson Corporation
- Zeon Corporation
- Lafarge Holcim
- Cemex
- Lafarge
- CRH
- Buzzi Unicem
- Italcementi
- Argos
- Votorantim
- Vicat
- Cimpor
- CNBM
- Vulcan Materials Company
- STRONGLASAS
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Non-Residential Building Materials Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Non-Residential Building Materials Market
- School
- Hospital
- Office
- Parking Lot
- Shopping Center
- Other
What are the types of Non-Residential Building Materials available in the Market?
Based on Types the Market is categorized into Below types that held the largest Non-Residential Building Materials market share In 2023.
- Rebar
- Steel Frame
- Glass
- Brick
- Cement
- Aggregate
- Iron
- Other
Which regions are leading the Global Non-Residential Building Materials Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Non-Residential Building Materials Market Research Report, 2024-2032
1. Introduction of the Global Non-Residential Building Materials Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Non-Residential Building Materials Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Non-Residential Building Materials Market, By Type
6. Global Non-Residential Building Materials Market, By Application
7. Global Non-Residential Building Materials Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Non-Residential Building Materials Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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