Advanced building materials market to grow by USD 17,001.89 million from 2022 to 2027; Growth driven by increase in number of smart cities - Technavio

NEW YORK, Aug. 9, 2023 /PRNewswire/ -- The advanced building materials market is set to grow by USD 17,001.89 million from 2022 to 2027. However, the growth momentum will progress at a CAGR of 5.34% during the forecast period, according to Technavio. The advanced building materials market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market.  3M Co., Aditya Birla Management Corp. Pvt. Ltd., APV Engineered Coatings LLC, BASF SE, Boral Ltd., CEMEX SAB de CV, Compagnie de Saint Gobain, CRH Plc, Daikin Industries Ltd., DuPont de Nemours Inc., Heidelberg Materials AG, Holcim Ltd., Huntsman International LLC, Kingspan Group Plc, Knauf Digital GmbH, OC Oerlikon Corp. AG, Owens Corning, PPG Industries Inc., Sika AG, and The Sherwin Williams Co. are some of the major market participants -. To know about the vendor offerings - Request a sample report

Advanced Building Materials Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The advanced building materials market report covers the following areas:

• Advanced Building Materials Market Size
• Advanced Building Materials Market Trends
• Advanced Building Materials Market Industry Analysis
• Porter's Five Forces Analysis
• Customer Landscape

The advanced building materials market is fragmented, and the degree of fragmentation will accelerate. The increase in the number of smart cities will offer immense growth opportunities. However, the uncertain macroeconomic conditions will hamper the market growth.

Advanced Building Materials Market 2023-2027: Drivers & Challenges

Key Drivers

The increase in the number of smart cities drives the advanced building materials market growth. Currently, countries focus on creating new smart cities to accommodate the increasing urban population, and these cities provide smarter solutions that can be deployed to reduce the straining effects of the increasing urban population and introduce energy-efficient road networks.

Such expansion and development of cities and infrastructure pose strong demand for advanced building materials. Hence, the growing smart cities boost the growth of the advanced building materials market during the forecast period.

Major Challenges

Uncertain macroeconomic conditions challenge the advanced building materials market growth. Global and regional macroeconomic conditions such as interest rates, GDP growth, inflation, and government spending highly affect the construction industry.

Furthermore, the global and regional economies have been undergoing a period of moderate to slow growth and unprecedented volatility, which harms the industry. But growing uncertainty regarding economic growth has depressed FDIs and delayed government subsidies. This leads to delayed or canceled projects. Hence, such challenges impede the growth of the advanced building materials market during the forecast period.

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Advanced Building Materials Market 2023-2027: Segment Analysis

• Type 
• Advanced Cement And Concrete
• Cross-laminated Timber
• Sealants
• Structural Insulated Panel
• Others
• End-user 
• Commercial
• Industrial
• Residential
• Geography 
• APAC
• Europe
• North America
• Middle East And Africa
• South America

Advanced Building Materials Market 2023-2027: Segmentation Highlights

The market share growth by the advanced cement and concrete segment will be significant during the forecast period. In order to save carbon emissions and increase the durability of infrastructure, governments and organizations across the world support the use of modern cement and concrete. Moreover, the introduction of innovative cement and concrete products has been prompted by the demand for high-performance, sustainable construction solutions. Hence, such factors boost the advanced cement and concrete segment of the advanced building materials market during the forecast period.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report

Advanced Building Materials Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist advanced building materials market growth during the next five years
• Estimation of the advanced building materials market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the advanced building materials market across APAC, Europe, North America, Middle East and Africa, and South America
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of advanced building materials market vendors

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The green building materials market size is estimated to grow at a CAGR of 13.81% between 2022 and 2027. The market size is forecast to increase by USD 273 billion. This green building materials market report extensively covers market segmentation by application (insulation, roofing, interior finishing, framing, and exterior siding and others), end-user (residential and non-residential), and geography (Europe, North America, APAC, Middle East and Africa, and South America). The rising need for energy-efficient green buildings is notably driving market growth.

Global Precast Concrete Market size is estimated to grow by USD 19.61 billion between 2022 and 2027 accelerating at a compound annual growth rate (CAGR) of 3.83%. This precast concrete market research report extensively covers market segmentation by end-user (non-residential and residential), product (building components, transportation, water and water handling, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). Growing urbanization and industrialization is the key factor driving the global precast concrete market growth.

Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global advanced building materials market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global advanced building materials market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Advanced cement and concrete - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Advanced cement and concrete - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Advanced cement and concrete - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Advanced cement and concrete - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Advanced cement and concrete - Year-over-year growth 2022-2027 (%)

• 6.4 Cross-laminated timber - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Cross-laminated timber - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Cross-laminated timber - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Cross-laminated timber - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Cross-laminated timber - Year-over-year growth 2022-2027 (%)

• 6.5 Sealants - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Sealants - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Sealants - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Sealants - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Sealants - Year-over-year growth 2022-2027 (%)

• 6.6 Structural insulated panel - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Structural insulated panel - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Structural insulated panel - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Structural insulated panel - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Structural insulated panel - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Type 
• Exhibit 54: Market opportunity by Type ($ million)
• Exhibit 55: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 58: Chart on Comparison by End-user
• Exhibit 59: Data Table on Comparison by End-user

• 7.3 Commercial - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 7.4 Industrial - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Industrial - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

• 7.5 Residential - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 72: Market opportunity by End-user ($ million)
• Exhibit 73: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027 
• Exhibit 115: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 3M Co.
• Exhibit 127: 3M Co. - Overview
• Exhibit 128: 3M Co. - Business segments
• Exhibit 129: 3M Co. - Key news
• Exhibit 130: 3M Co. - Key offerings
• Exhibit 131: 3M Co. - Segment focus

• 12.4 APV Engineered Coatings LLC 
• Exhibit 132: APV Engineered Coatings LLC - Overview
• Exhibit 133: APV Engineered Coatings LLC - Product / Service
• Exhibit 134: APV Engineered Coatings LLC - Key offerings

• 12.5 BASF SE
• Exhibit 135: BASF SE - Overview
• Exhibit 136: BASF SE - Business segments
• Exhibit 137: BASF SE - Key news
• Exhibit 138: BASF SE - Key offerings
• Exhibit 139: BASF SE - Segment focus

• 12.6 Boral Ltd.
• Exhibit 140: Boral Ltd. - Overview
• Exhibit 141: Boral Ltd. - Product / Service
• Exhibit 142: Boral Ltd. - Key offerings

• 12.7 CEMEX SAB de CV
• Exhibit 143: CEMEX SAB de CV - Overview
• Exhibit 144: CEMEX SAB de CV - Business segments
• Exhibit 145: CEMEX SAB de CV - Key news
• Exhibit 146: CEMEX SAB de CV - Key offerings
• Exhibit 147: CEMEX SAB de CV - Segment focus

• 12.8 Compagnie de Saint Gobain 
• Exhibit 148: Compagnie de Saint Gobain - Overview
• Exhibit 149: Compagnie de Saint Gobain - Business segments
• Exhibit 150: Compagnie de Saint Gobain - Key news
• Exhibit 151: Compagnie de Saint Gobain - Key offerings
• Exhibit 152: Compagnie de Saint Gobain - Segment focus

• 12.9 DuPont de Nemours Inc. 
• Exhibit 153: DuPont de Nemours Inc. - Overview
• Exhibit 154: DuPont de Nemours Inc. - Business segments
• Exhibit 155: DuPont de Nemours Inc. - Key news
• Exhibit 156: DuPont de Nemours Inc. - Key offerings
• Exhibit 157: DuPont de Nemours Inc. - Segment focus

• 12.10 Holcim Ltd.
• Exhibit 158: Holcim Ltd. - Overview
• Exhibit 159: Holcim Ltd. - Business segments
• Exhibit 160: Holcim Ltd. - Key offerings
• Exhibit 161: Holcim Ltd. - Segment focus

• 12.11 Huntsman International LLC 
• Exhibit 162: Huntsman International LLC - Overview
• Exhibit 163: Huntsman International LLC - Business segments
• Exhibit 164: Huntsman International LLC - Key news
• Exhibit 165: Huntsman International LLC - Key offerings
• Exhibit 166: Huntsman International LLC - Segment focus

• 12.12 Kingspan Group Plc
• Exhibit 167: Kingspan Group Plc - Overview
• Exhibit 168: Kingspan Group Plc - Business segments
• Exhibit 169: Kingspan Group Plc - Key news
• Exhibit 170: Kingspan Group Plc - Key offerings
• Exhibit 171: Kingspan Group Plc - Segment focus

• 12.13 Knauf Digital GmbH
• Exhibit 172: Knauf Digital GmbH - Overview
• Exhibit 173: Knauf Digital GmbH - Product / Service
• Exhibit 174: Knauf Digital GmbH - Key offerings

• 12.14 OC Oerlikon Corp. AG
• Exhibit 175: OC Oerlikon Corp. AG - Overview
• Exhibit 176: OC Oerlikon Corp. AG - Business segments
• Exhibit 177: OC Oerlikon Corp. AG - Key offerings
• Exhibit 178: OC Oerlikon Corp. AG - Segment focus

• 12.15 Owens Corning
• Exhibit 179: Owens Corning - Overview
• Exhibit 180: Owens Corning - Business segments
• Exhibit 181: Owens Corning - Key news
• Exhibit 182: Owens Corning - Key offerings
• Exhibit 183: Owens Corning - Segment focus

• 12.16 PPG Industries Inc.
• Exhibit 184: PPG Industries Inc. - Overview
• Exhibit 185: PPG Industries Inc. - Business segments
• Exhibit 186: PPG Industries Inc. - Key offerings
• Exhibit 187: PPG Industries Inc. - Segment focus

• 12.17 The Sherwin Williams Co. 
• Exhibit 188: The Sherwin Williams Co. - Overview
• Exhibit 189: The Sherwin Williams Co. - Business segments
• Exhibit 190: The Sherwin Williams Co. - Key news
• Exhibit 191: The Sherwin Williams Co. - Key offerings
• Exhibit 192: The Sherwin Williams Co. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 193: Inclusions checklist
• Exhibit 194: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 195: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 196: Research methodology
• Exhibit 197: Validation techniques employed for market sizing
• Exhibit 198: Information sources

• 13.5 List of abbreviations 
• Exhibit 199: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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