Market Size of Building and Construction Sheets Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Building & Construction Sheets Market Analysis
During the time frame of the forecast, the building and construction sheet market is expected to register a CAGR of more than 4% per year.
- The COVID-19 pandemic had a significant impact on many people who work for building and construction sheet companies, and they are now concentrating on steady, long-term growth.As the global building and construction materials industry and other chemical industries are important to the economic recovery of countries, these companies are likely to see opportunities in the near future.
- Increasing construction spending by governments in different countries, especially China and India, to meet rising industrial and public infrastructure needs is expected to be a major factor driving demand for the product in construction applications over the forecast period. As a result, Asia-Pacific is expected to remain the fastest-growing construction market. For instance, India's construction industry was valued at over three trillion Indian rupees (USD 36.60 billion) in the fourth quarter of 2022. This was a significant increase compared to 2020, when the value shrank due to the coronavirus (COVID-19) pandemic.
- In industrial buildings, metal and polymer sheets are mostly used for roofing, electrical, heating, ventilation, and air conditioning (HVAC) purposes to protect and insulate workers and machines. As developing economies become more industrialized, the number of industrial buildings that need the product is likely to grow. The market for metal sheets in residential air handling and ventilation systems is likely to grow because more modern heating, cooling, and ventilation systems are being put into new buildings. Also, the demand for bio-based polymer sheets in the residential sector is growing because of the trend toward green building.
- In building and construction, polycarbonate sheets are used for things like skylight lenses and safety and security glazing. Architectural glazing has better light diffusion, which helps reduce glare and spread light more evenly across the glazed surface. Polymer sheets are used in a wide range of applications, including greenhouses, sound barriers, furniture, and window glazing in the building and construction sector. Also, the growing popularity of interior design and architecture is likely to increase the demand for polymer sheets and their raw materials, like polyester, PVC, polyamides, and polyurethanes.
But things like price changes and a lack of raw materials needed to make the product for waterproofing and roofing applications are likely to slow the growth of the market. Polyurethane is being used more and more in cars to make rigid and flexible sheets. This reduces the amount of polymer that can be used in building applications, which is likely to slow market growth.
Building & Construction Sheets Industry Segmentation
Building and construction sheets are used to design buildings that meet requirements for space, the environment, and how they look.The choice of materials and manner in which they are put together to form building elements such as walls, roofs, and floors
The Building and Construction Sheets Market is divided by type of material (bitumen, rubber, polymer, and metal), application (flooring, walls and ceilings, windows, doors, roofing, and others), end-user (residential, commercial, and industrial), and geography (North America, Europe, Asia-Pacific, the Middle East and Africa, and South America).The report offers the market size and forecasts in dollars (USD billion) for all the above segments and the impact of COVID-19 on the market.
The report gives a thorough background analysis of the Building and Construction Sheets market, including current market trends, barriers, technological updates, and detailed information on different market segments and the competitive landscape of the industry.
By Material | |
Bitumen | |
Rubber | |
Metal | |
Polymer |
By Application | |
Flooring | |
Walls and Ceiling | |
Windows | |
Doors | |
Roofing | |
Other Applications |
By End-Users | |
Residential | |
Commercial | |
Industrial |
Geography | |||||||||
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Building and Construction Sheets Market Size Summary
The building and construction sheets market is poised for steady growth, driven by increasing construction activities and infrastructure development globally. The market is expected to expand at a robust pace, with significant contributions from the Asia-Pacific region, where rapid industrialization and urbanization are prevalent. Governments in countries like China, India, and the United States are ramping up investments in public and industrial infrastructure, which is anticipated to bolster the demand for building and construction sheets. The market is characterized by a competitive landscape, with both large multinational corporations and smaller local firms vying for market share. Key players are focusing on diversifying their product portfolios and offering specialized services to maintain a competitive edge.
The demand for building and construction sheets is further fueled by the growing popularity of green building practices and the increasing use of advanced materials in construction applications. Polycarbonate and polymer sheets are gaining traction for their applications in skylights, safety glazing, and interior design, while metal and polymer sheets are extensively used in industrial buildings for roofing and HVAC systems. Despite challenges such as fluctuating raw material prices and competition from other industries like automotive, the market is expected to benefit from the rising disposable incomes in developing countries and the ongoing recovery of the construction sector in Europe. The market's growth trajectory is supported by strategic expansions and acquisitions by major companies, aiming to enhance their production capabilities and tap into emerging markets.
Building and Construction Sheets Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Current Market Scenario
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1.2 Market Dynamics
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1.2.1 Drivers
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1.2.2 Restraints
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1.2.3 Opportunities
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1.2.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.4.1 Bargaining Power of Suppliers
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1.2.4.2 Bargaining Power of Consumers
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1.2.4.3 Threat of New Entrants
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1.2.4.4 Threat of Substitutes
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1.2.4.5 Intensity of Competitive Rivalry
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1.3 Technological Trends
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1.4 Government Regulations
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1.5 Value Chain/Supply Chain Analysis
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1.6 Impact of COVID-19 on Building and Construction
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Bitumen
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2.1.2 Rubber
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2.1.3 Metal
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2.1.4 Polymer
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2.2 By Application
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2.2.1 Flooring
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2.2.2 Walls and Ceiling
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2.2.3 Windows
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2.2.4 Doors
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2.2.5 Roofing
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2.2.6 Other Applications
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2.3 By End-Users
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2.3.1 Residential
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2.3.2 Commercial
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2.3.3 Industrial
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 United Kingdom
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2.4.2.2 France
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2.4.2.3 Italy
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2.4.2.4 Spain
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2.4.2.5 Germany
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Japan
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2.4.3.4 South Korea
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2.4.3.5 Southeast Asia
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2.4.3.6 Australia
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2.4.3.7 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 Saudi Arabia
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2.4.4.2 United Arab Emirates
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2.4.4.3 Qatar
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2.4.4.4 South Africa
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2.4.4.5 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Argentina
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2.4.5.2 Brazil
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2.4.5.3 Chile
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2.4.5.4 Rest of South America
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Building and Construction Sheets Market Size FAQs
What is the current Building and Construction Sheets Market size?
The Building and Construction Sheets Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Building and Construction Sheets Market?
Paul Bauder GmbH & Co. KG, GAF Materials Corporation, Atlas Roofing Corporation, CertainTeed Corporation and Owens Corning Corp. are the major companies operating in the Building and Construction Sheets Market.