Asia-Pacific Building and Construction Sheets Market Size (2024 - 2029)

The Asia-Pacific building and construction sheets market is anticipated to experience growth driven by expanding infrastructural development and increased consumer awareness in emerging nations. Despite challenges posed by the COVID-19 pandemic, which initially dampened demand, the market is expected to benefit from rising government spending on construction and the growing use of polymer and metal sheets, particularly in roofing and waterproofing applications. The market size is further influenced by rapid urbanization, industrialization, and increased disposable income in developing economies, prompting governments to invest in infrastructure to meet rising demands.

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Market Size of Asia-Pacific Building and Construction Sheets Industry

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asia pacific building construction sheets market share
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 6.00 %
Market Concentration Low

Major Players

Asia-Pacific Building and Construction Sheets Market Major Players

*Disclaimer: Major Players sorted in no particular order

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APAC Building Construction Sheets Market Analysis

The Asia-Pacific building and construction sheets market is expected to register a CAGR of approximately 6% during the forecast period, 2022 to 2027.

The COVID-19 pandemic has adversely affected the demand for construction sheets in the construction sector. With the increasing number of COVID-19 cases, the demand for construction products has declined, but on the other hand, the demand for daily use products and essential goods increased. Several companies engaged in roofing manufacturing have faced numerous challenges in the sale of roofing material products.

Expanding infrastructural development activities and rising consumer awareness of the benefits of sheets, particularly in Asia-Pacific's emerging nations, are likely to drive the market expansion. Furthermore, rising government building spending is expected to boost demand in the concerned industry. Because of the rising use of polymer and metal sheets in construction, the demand for sheets is likely to increase significantly. Over the forecast period, demand for metal and polymer sheets is likely to be driven by their use in roofing, sound and waterproofing, and HVAC applications.

The growing population in developing economies, combined with fast urbanization and industrialization, has prompted the government to expand investment in the relevant industry to meet the growing infrastructural needs. Furthermore, due to rising disposable income in developing economies, the construction sector is predicted to grow significantly.

APAC Building Construction Sheets Industry Segmentation

Building and construction sheets are used for the designing of buildings and fulfill spatial, enviornmental, and visual requirements. This report provides an analysis of the market insights, dynamics, technological innovations, new trends, initiatives taken by the government in this sector, and the impact of COVID-19 on the market.

The Asia-Pacific building and construction sheets market is segmented by material (bitumen, rubber, metal, and polymer), application (flooring, walls and ceiling, windows, doors, roofing, and other applications), end user (residential, commercial, and industrial), and geography (China, India, Japan, and Rest of Asia-Pacific). The report offers the market size and forecasts in value (USD billion) for all the above segments. The report also covers the impact of COVID-19 on the market.

Material
Bitumen
Rubber
Metal
Polymer
Application
Flooring
Walls and Ceiling
Windows
Doors
Roofing
Other Applications
End User
Residential
Commercial
Industrial
Geography
China
India
Japan
Rest of Asia-Pacific
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Asia-Pacific Building and Construction Sheets Market Size Summary

The Asia-Pacific building and construction sheets market is poised for significant growth, driven by expanding infrastructural development and increasing consumer awareness of the benefits of sheets, particularly in emerging nations. The market is expected to experience a steady growth trajectory, supported by rising government spending on construction and the growing use of polymer and metal sheets in various applications such as roofing, sound and waterproofing, and HVAC systems. The region's rapid urbanization and industrialization, coupled with a growing population, have prompted increased government investment to meet infrastructural demands, further fueling market expansion. The demand for construction sheets is also bolstered by the rising disposable income in developing economies, which is anticipated to contribute to the sector's growth.

The Asia-Pacific region holds a dominant position in the global roofing market, with a significant share attributed to the increasing demand for construction activities and the presence of numerous manufacturers. The market is characterized by its fragmented nature, with key players like Asia Poly Industrial Sdn Bhd, Hindalco Ind Ltd, Mitsubishi Chemical, Ray Chung Acrylic, and Shen Chuen Acrylic playing pivotal roles. The applicability of polycarbonate sheets is expanding across various end-user industries, driven by their superior physical and chemical properties. This growth is further supported by government investments in infrastructure development in countries like China and India, leading to a rise in construction activities and, consequently, an increased demand for roofing solutions. The market's growth is also reflected in strategic acquisitions, such as Hindalco Industries Limited's acquisition of Hydro's aluminum extrusions business in India, which enhances its capabilities in serving a robust customer portfolio.

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Asia-Pacific Building and Construction Sheets Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Technological Innovations in Building and Construction Sheets

    3. 1.3 Industry Value Chain/Supply Chain Analysis

    4. 1.4 Impact of Government Regulations and Initiatives in Building and Construction Sheets Industry

    5. 1.5 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Material

      1. 2.1.1 Bitumen

      2. 2.1.2 Rubber

      3. 2.1.3 Metal

      4. 2.1.4 Polymer

    2. 2.2 Application

      1. 2.2.1 Flooring

      2. 2.2.2 Walls and Ceiling

      3. 2.2.3 Windows

      4. 2.2.4 Doors

      5. 2.2.5 Roofing

      6. 2.2.6 Other Applications

    3. 2.3 End User

      1. 2.3.1 Residential

      2. 2.3.2 Commercial

      3. 2.3.3 Industrial

    4. 2.4 Geography

      1. 2.4.1 China

      2. 2.4.2 India

      3. 2.4.3 Japan

      4. 2.4.4 Rest of Asia-Pacific

Asia-Pacific Building and Construction Sheets Market Size FAQs

The Asia-Pacific Building and Construction Sheets Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)

Asia Poly Industrial Sdn Bhd, Hindalco Ind Ltd, Mitsubishi Chemical, Raychung Acrylic and Shen Chuen Acrylic are the major companies operating in the Asia-Pacific Building and Construction Sheets Market.

Asia-Pacific Building and Construction Sheets Report Snapshots

Asia-Pacific Building and Construction Sheets Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)