The manufacturing of Building Materials is now an established market in many countries.
The global construction materials market had total revenues of USD 771.1bn in 2016. The global construction materials market is forecasted to grow at a CAGR of 6.76% during the period 2017- 2021.
Amid the COVID-19 crisis, the global market for Building Materials is estimated to reach USD 1.0 trillion by the year 2020 and is projected to reach a size of USD 1.5 trillion by 2027, growing at a CAGR of 5.6% over a period 2020-2027.
Building Materials Sectors