How big is the Commonwealth Of Independent States Building & Construction Sheets Market?

The Commonwealth Of Independent States Building & Construction Sheets Market size is expected to reach USD 5.60 billion in 2024 and grow at a CAGR of 5.26% to reach USD 7.30 billion by 2029. Read More

What is the current Commonwealth Of Independent States Building & Construction Sheets Market size?

In 2024, the Commonwealth Of Independent States Building & Construction Sheets Market size is expected to reach USD 5.60 billion. Read More

Who are the key players in Commonwealth Of Independent States Building & Construction Sheets Market?

SafPlast Innovative, Prominvest, Sumitomo Corporation, Plastmass Group and Ug Oil Plast are the major companies operating in the Commonwealth Of Independent States Building & Construction Sheets Market. Read More

What years does this Commonwealth Of Independent States Building & Construction Sheets Market cover, and what was the market size in 2023?

In 2023, the Commonwealth Of Independent States Building & Construction Sheets Market size was estimated at USD 5.31 billion. The report covers the Commonwealth Of Independent States Building & Construction Sheets Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Commonwealth Of Independent States Building & Construction Sheets Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Commonwealth Of Independent States (CIS) Building & Construction Sheets Market Trends

Statistics for the 2023 & 2024 Commonwealth Of Independent States (CIS) Building & Construction Sheets market trends, created by Mordor Intelligence™ Industry Reports. Commonwealth Of Independent States (CIS) Building & Construction Sheets trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Commonwealth Of Independent States (CIS) Building & Construction Sheets Industry

Uzbekistan Dominating the CIS Region in the Construction Sector

The building industry is considered a priority economic sector in Uzbekistan. One of the most important national economic sectors in the Republic of Uzbekistan is the modern building industry, which consistently experiences annual growth.
The primary driver of increased construction volume is the affordability of pre-made items achieved through cost-cutting measures. These measures, however, often involve sacrificing the use of contemporary, high-quality building materials and products. Additionally, there is a shift towards reduced energy consumption during production, improved characteristics, and the potential integration of robotics. Constructive solutions focus on increased assembly efficiency and reduced material consumption, all of which naturally have a positive impact on the cost of the finished product.
The building industry, identified as a priority economic sector, continues to play a significant role in the Republic of Uzbekistan. The contemporary building industry within the country exhibits steady annual growth. An analysis conducted by sections of the construction industry revealed the following: the construction of buildings and structures accounted for 56.7%, and the construction of civil facilities remained stable at 11.5%, with a growth rate reaching 122.1%. Specialized construction works constituted 31.8%, with growth rates at 99.9%.

Commonwealth Of Independent States (CIS) Building & Construction Sheets Market: New Construction, In Regions, Uzbekistan, In Trillion soums, 2022 (January-June)

Understand The Key Trends Shaping This Market

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Growing Demand from Residential Construction

The governments of several developing nations, such as Belarus and Ukraine, are increasing their spending on residential construction, leading to a surge in building activity in these regions. With the expansion of construction projects in the residential development sectors, there is a corresponding rise in the demand for roofing solutions.
Consequently, the market for construction sheets is expected to grow, driven by increased demand for transparent roofing products within the building and construction sector. The building and construction industry is projected to dominate the market for construction sheets owing to their positive physical characteristics, including enhanced ductility, high strength, and exceptional uniformity.
As of November 2022, the North Caucasian federal district of Russia boasted the highest average flat size among other areas, measuring nearly 60 square meters. In comparison, the Siberian federal district had an average flat size of about 52 square meters, while the Northwestern federal district had the smallest average size at 44.06 square meters.