Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in early 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to May 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.

Singapore Construction Materials Price: Cement data was reported at 79.100 SGD/Ton in Sep 2018. This records an increase from the previous number of 77.800 SGD/Ton for Jun 2018. Singapore Construction Materials Price: Cement data is updated quarterly, averaging 92.400 SGD/Ton from Mar 2004 (Median) to Sep 2018, with 59 observations. The data reached an all-time high of 126.300 SGD/Ton in Sep 2008 and a record low of 75.170 SGD/Ton in Mar 2004. Singapore Construction Materials Price: Cement data remains active status in CEIC and is reported by Building and Construction Authority . The data is categorized under Global Database’s Singapore – Table SG.EA002: Construction Materials: Demand and Prices.

United Kingdom Construction Material Price Index: New Housing data was reported at 122.200 2010=100 in Oct 2018. This records an increase from the previous number of 122.000 2010=100 for Sep 2018. United Kingdom Construction Material Price Index: New Housing data is updated monthly, averaging 107.950 2010=100 from Jan 2008 (Median) to Oct 2018, with 130 observations. The data reached an all-time high of 122.200 2010=100 in Oct 2018 and a record low of 90.600 2010=100 in Jan 2008. United Kingdom Construction Material Price Index: New Housing data remains active status in CEIC and is reported by Department for Business, Innovation and Skills. The data is categorized under Global Database’s United Kingdom – Table UK.I028: Construction Material Price Index: 2010=100.

Thailand's retail trade in construction materials was forecasted to contract by **** percent in 2020. This forecast was made on the worst-case scenario assumption, in which ** percent of construction material retailers would have to be closed-down until the end of June 2020 due to the COVID-19 pandemic.

The costs of construction Labor and materials are the main components of construction costs in Thailand, with construction materials taking the highest proportion of costs followed by labor. The price of construction materials has risen in recent years in Thailand, increasing costs for businesses in the industry. Despite this increase, there is still potential for the construction industry to counter these costs, specifically in Bangkok, from increasing demand of condominiums. In the first half of 2019 alone, Bangkok had more than 27 thousand of new condominiums.

Construction materials suppliers In recent years, Home Product Center was the leader in construction material trading in Thailand. Other leading construction material traders also include CRC Thai Watsadu, Siam Global House and Dohome. Home Product Center, stylized as HomePro, is a major retail chain in Thailand which specializes in home products for home refurbishments and renovations. Additionally, the company also provides construction, installation and maintenance services of home products.

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Turkey Construction Market Size 2024-2028

The turkey construction market size is forecast to increase by USD 68.3 billion, at a CAGR of 5.96% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for real estate properties. This trend is fueled by both domestic and foreign investors seeking opportunities in Turkey's thriving economy. Another key driver is the government's focus on building earthquake-resilient structures, which is leading to increased investment in advanced construction technologies and materials. However, the market faces challenges as well. The rising cost of construction materials, particularly steel and cement, poses a significant obstacle for construction firms, potentially increasing project costs and impacting profitability. To capitalize on market opportunities and navigate these challenges effectively, companies must stay informed of the latest construction trends and technologies, while also exploring cost-effective solutions for sourcing construction materials. Additionally, collaborating with local partners and suppliers can help mitigate risks and ensure regulatory compliance, ultimately positioning firms for long-term success in Turkey's dynamic construction market.

What will be the size of the Turkey Construction Market during the forecast period?

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The construction industry in Turkey is experiencing dynamic changes, driven by various factors. Research indicates that maintenance and supervision are critical challenges, necessitating innovative solutions. Construction technology adoption, including data analytics and testing, is transforming project management and inspection processes. Building retrofit and adaptive reuse are gaining traction, contributing to the industry's future growth. Sustainable construction practices, green building design, and infrastructure maintenance are key trends, driven by policy and regulatory requirements. Specialty contracting and consulting services are essential for addressing complex projects. Construction economic outlook remains positive, with opportunities in general contracting, repair, and demolition. The industry's future hinges on workforce development, innovation, and compliance with regulations. Construction services, from project management to inspection, are evolving to meet these challenges and opportunities.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. SectorPrivatePublicEnd-userResidentialInfrastructureCommercialGeographyMiddle East and AfricaTurkey

By Sector Insights

The private segment is estimated to witness significant growth during the forecast period.

The Turkish construction market witnesses dynamic activity and trends, driven largely by the private sector. This segment plays a pivotal role in shaping the industry's landscape, offering various services and projects throughout the country. Employment generation and economic growth are significant outcomes of this sector's growth. High-rise buildings, a notable contribution, are increasingly popular in major cities like Istanbul, Ankara, and Izmir. Sustainable and energy-efficient practices, such as LEED certification and green building, are gaining traction in residential and commercial construction. Construction automation, project management, and digital transformation are key trends, with the adoption of construction management software, building information modeling, and robotics in construction. Real estate development, infrastructure projects, and industrial construction are other thriving sectors, with safety regulations, building codes, and quality control ensuring the highest standards. Construction audits, waste management, and recycling initiatives contribute to cost savings and sustainability. Construction financing, permits, and contracts are streamlined through innovative methods, enabling efficient and effective project execution. The market is characterized by continuous innovation, with precast concrete, structural steel, and 3D modeling being widely used. Skilled labor and workforce management are essential components of the industry, with quality assurance and safety regulations ensuring the delivery of top-notch projects. Infrastructure development, including bridge construction and highway construction, is ongoing, driving the demand for heavy equipment and construction machinery. Environmental regulations and sustainability are increasingly important, with the use of sustainable construction materials and a focus on energy efficiency. Construction risk

Indonesia Wholesale Price Index: Construction Materials: Commodities: Concrete Brick data was reported at 100.240 2018=100 in Apr 2020. This stayed constant from the previous number of 100.240 2018=100 for Mar 2020. Indonesia Wholesale Price Index: Construction Materials: Commodities: Concrete Brick data is updated monthly, averaging 100.240 2018=100 from Dec 2019 (Median) to Apr 2020, with 5 observations. The data reached an all-time high of 101.290 2018=100 in Feb 2020 and a record low of 99.350 2018=100 in Dec 2019. Indonesia Wholesale Price Index: Construction Materials: Commodities: Concrete Brick data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.

Construction Output Price Indices (OPIs) from January 2014 to December 2024, UK. Summary.

The global construction aggregate market is expected to reach a value of $415.05 million by 2033, expanding at a CAGR of 6.36% from 2025 to 2033. The market is primarily driven by the growing demand for infrastructure development, residential and commercial construction, and industrial expansion. The increasing population and urbanization, coupled with government initiatives for infrastructure development, are contributing to the market growth. Emerging economies, such as China and India, are witnessing significant growth in construction activities, further propelling market demand. Key trends shaping the market include the adoption of sustainable practices, technological advancements in construction, and the increasing use of recycled aggregates. Stringent environmental regulations and the need to reduce carbon footprint are pushing manufacturers towards adopting sustainable practices and producing eco-friendly aggregates. Technological advancements, such as the use of automation and digital tools, are enhancing productivity and efficiency in the construction process. The use of recycled aggregates is gaining traction due to environmental concerns and the need to conserve natural resources. Key players in the market include Adelaide Brighton Ltd., CEMEX S.A.B. de C.V., CRH, Heidelberg Cement AG, Holcim Ltd., Martin Marietta Materials Inc., Rogers Group Inc., SIKA group, Vicat SA, and Vulcan Materials Company. Value: USD 520 Billion (2023) Projection: USD 810 Billion by 2030 Growth Rate: 6.5% CAGR Recent developments include: January 2018: the London-based construction transport firm S Walsh & Sons was purchased by GRS Roadstone, a provider of bulk and bagged aggregates. The two businesses manage about 20 million tons of building aggregate and various other commodities each year at 50 new facilities., June 2021: HeidelbergCement AG made plans to develop a carbon-neutral facility in Sweden. The company will be able to cut carbon emissions by 1.8 million tons of carbon dioxide annually thanks to the new facility, which is anticipated to be the first carbon-neutral cement plant in the entire globe., June 2023: Vulcan Materials Company was recognized by United States News and World Report as among the top 200 Best Companies to Work. The business was also listed in American corporations' 2023 Fortune 500 index. The quality of salary and benefits, work/life balance and flexibility, job and business stability, physical and psychological comfort, a sense of belonging and self-worth, career prospects, and professional development are all factors considered by U.S. News in its analysis.March 2023: The construction aggregate industry faced significant challenges due to rising fuel costs and ongoing supply chain disruptions caused by the pandemic and the war in Ukraine. These factors contributed to price hikes for construction materials, impacting project budgets and timelines.May 2023: The industry witnessed a growing focus on sustainable alternatives for traditional construction aggregates. Recycled materials, such as crushed concrete and demolition debris, gained traction as companies aimed to reduce their environmental footprint and meet sustainability goals.. Key drivers for this market are: . Driver 1, . Driver 2. Potential restraints include: . Restraint 1. Notable trends are: The growing construction activities to aid the market growth.

Sri Lanka Construction Materials Price Index: General Timber data was reported at 1,108.600 1990=100 in Aug 2018. This records an increase from the previous number of 1,104.100 1990=100 for Jul 2018. Sri Lanka Construction Materials Price Index: General Timber data is updated monthly, averaging 510.900 1990=100 from Jan 1993 (Median) to Aug 2018, with 308 observations. The data reached an all-time high of 1,108.600 1990=100 in Aug 2018 and a record low of 151.300 1990=100 in Feb 1993. Sri Lanka Construction Materials Price Index: General Timber data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database’s Sri Lanka – Table LK.I016: Construction Materials Price Index.

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Reclaimed Lumber Market Size 2024-2028

The reclaimed lumber market size is forecast to increase by USD 8.2 mn at a CAGR of 3% between 2023 and 2028.

The market is experiencing significant growth due to increasing residential and commercial construction activities in North America. This trend is driven by the rising demand for sustainable and eco-friendly building materials. Additionally, the high wages in manufacturing hubs have led to an increase In the production and availability of reclaimed lumber. However, the market faces challenges such as the volatility in raw material prices and the availability of low-cost alternatives. Producers must navigate these factors to maintain profitability and meet the growing demand for reclaimed lumber. Overall, the market is expected to continue its growth trajectory, driven by the increasing focus on sustainability and the availability of ample supply from various sources.

What will be the Size of the Reclaimed Lumber Market during the Forecast Period?

Request Free SampleThe market experiences robust growth driven by the increasing demand for sustainable and eco-friendly construction materials. Reclaimed lumber, sourced from deconstructed buildings, infrastructure modernization projects, and FDI inflows, offers unique aesthetic appeal and authenticity, making it a popular choice for green homes, residential and commercial construction, flooring, furniture, and custom furniture. The market's size is significant, with applications spanning various sectors, including paneling and siding, cross-laminated timber (CLT), and wood-based construction. Environmental awareness and recycling initiatives fuel market expansion. Reclaimed lumber's use in sustainable construction practices, such as energy conservation, seismic performance, and landfill reduction, contribute to its popularity.Product innovation In the sector, including the development of new manufacturing techniques and treatments, further boosts demand. The trend toward sustainable building materials and eco-friendly practices continues to gain momentum, positioning reclaimed lumber as a preferred choice for construction activities.

How is this Reclaimed Lumber Industry segmented and which is the largest segment?

The reclaimed lumber industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userCommercialResidentialIndustrialGeographyEuropeGermanyUKNorth AmericaCanadaUSAPACChinaMiddle East and AfricaSouth America

By End-user Insights

The commercial segment is estimated to witness significant growth during the forecast period. Reclaimed lumber, sourced from deconstruction activities and waste management, holds substantial demand in developed countries for commercial applications. Composite reclaimed lumber is popularly utilized in developing countries due to its cost-effectiveness and versatility. The expansion of commercial building construction activities, driven by the growing service sector in countries like India, fuels the demand for reclaimed lumber. IT, telecommunications, and BPO industries' growth in cities such as Bengaluru and Delhi necessitates increased investments in commercial real estate, primarily in office and retail spaces and the hospitality sector. Wooden reclaimed lumber, including oak wood, longleaf, mountain pine, and steel, is used extensively for paneling, beams, and boards, contributing to sustainable building materials and eco-friendly practices.The adoption of green construction principles, LEED certification, and seismic performance requirements further boosts the market's growth. Wood-based construction materials, such as cross-laminated timber (CLT), offer energy conservation benefits and reduce environmental pollution and landfill reduction. DIY projects, artisanal crafts, antique furniture, and custom-manufactured furniture also utilize reclaimed lumber for its aesthetic appeal and authenticity.

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The Commercial segment was valued at USD 30.40 mn in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European the market is poised for growth due to several factors. These include the rising emphasis on recycling, the superior structural properties of reclaimed lumber, and the increasing demand from industries such as construction, furniture manufacturing, and green building initiatives. Additionally

In 2020, the U.S. clay building material market decreased by -X% to $X, falling for the second consecutive year after twelve years of growth. Overall, consumption, however, showed a moderate expansion. The growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Market Overview:

The global Pre-engineered Buildings market is expected to grow from $24.5 billion in 2022 to $36.8 billion by 2030, at a CAGR of 7.4%. The market is driven by the increasing demand for sustainable and energy-efficient buildings, as well as the growing trend of green building initiatives. Prefabricated steel structure construction is the largest type of Pre-engineered Building, accounting for more than two-thirds of the total market volume in 2018. Prefabricated reinforced concrete construction is the second largest type of pre-engineered building and is expected to grow at a higher rate than prefabricated steel structure construction during the forecast period. Public Buildings accounted for the largest share of the overall pre-engineered buildings market in 2018, followed by residential construction. North America was the leading region in terms of revenue generation in 2018, followed by Europe and the Asia Pacific.

Product Definition:

Pre-engineered buildings are buildings that have been designed and manufactured in a factory setting, as opposed to being constructed on site. They tend to be made from metal or other modular materials, which can make them quicker and easier to assemble than traditional construction methods.

Prefabricated Steel Structure Construction:

Prefabricated steel structure construction is a building process where the structural framework is already there in the form of I-beams, columns, and floor plates. The pre-engineered parts are transported to the site and then assembled by using bolts and screws with little or no welding involved. This method provides numerous advantages over traditional methods such as concrete foundations, labor & cost-intensive erection time along with less land requirement.

Prefabricated Reinforced Concrete Construction:

Prefabricated reinforced concrete construction is a building method that employs prefabricated reinforced concrete. The method is used to build structures using short-circuit methods, which are both efficient and cost-effective. It has the ability to produce buildings with reduced site costs and faster time on construction while also producing higher quality buildings in less time than traditional methods.

Application Insights:

The global market is segmented by application into residential construction and public buildings. The public buildings segment dominated the overall industry in 2014, accounting for over 60% of the total revenue share. This can be attributed to growing government expenditure on infrastructure development across various regions including the Asia Pacific and Middle East & Africa. In addition, rapid urbanization coupled with increasing disposable income levels in developing countries such as India and China is expected to drive demand for pre-engineered structures in this application sector over the forecast period. The residential construction segment is expected to witness above average growth rate during the forecast period owing to rising consumer preference toward modular home constructions which are lighter compared to conventional houses thereby reducing transportation costs significantly.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2022 to 2030. The region has been witnessing rapid urbanization and increasing construction activities owing to the growing population, which in turn is anticipated to boost the product demand over the forecast period. Europe accounted for more than 25% of global pre-engineered buildings sales in 2015 and was followed by North America, which accounted for around 20%. The growth can be attributed mainly to Germany where Prefabricated Buildings are used extensively for commercial purposes such as offices, hotels, restaurants, and factories among others. The Middle East & Africa region is expected to register a high growth rate during the forecast period owing to rising investments in infrastructure development projects across various sectors such as transportation, healthcare, and retailing.

Growth Factors:

• Increasing demand for pre-engineered buildings in the construction industry as it offers speed, accuracy, and cost-effective solutions.
• Rising awareness about the benefits of using pre-engineered buildings among architects, builders, and consumers.
• Technological advancements in the manufacturing of pre-engineered buildings are helping to reduce construction time and costs.
• The growing popularity of prefabricated homes as an eco-friendly and affordable housi

Commercial building construction contractors have endured declines. Interest rate hikes plunged business sentiment, decreasing expansion projects and hindering new commercial construction. Also, the transition to remote and hybrid work environments has hampered demand for office building construction, with office rental vacancies reaching a 30-year high in the fourth quarter of 2024. Industry revenue has been declining at a CAGR of 0.2% over the past five years to total an estimated $40.0 billion in 2025, including an estimated gain of 1.5% in 2025 as interest rate cuts begin to encourage new construction. Contractors have managed to expand profit from lows in 2020 but surging wage costs have strained considerable profit growth. Some of the growth for commercial building construction contractors has been price-based because of rising material costs for commercial buildings. This trend has been particularly true with office building construction, which increased as a share of revenue despite square footage under construction being at its lowest point in twenty years in the fourth quarter of 2024. Still, growth in additions and improvements spending, particularly from hotels, restaurants and bars, have buoyed the performance of contractors. Also, new construction in markets like warehouses, indoor recreational buildings and retail and wholesale outlets has provided contractors with avenues for growth. Commercial building construction contractors will enjoy solid growth. Continued rate cuts through 2025 will incentivize new construction. One market that will greatly benefit contractors is new hotel construction. While other markets will improve, office building construction may lag as vacancy rates remain high and 90.0% of active office building construction is set to be complete in 2025. Contractors will struggle to expand profit as labour shortages persist and push up wage costs. Tariffs may hike construction material prices, particularly HVAC equipment, potentially disincentivizing downstream construction expenditures. Also, contractors will have to adapt to some evolving trends, like the increased use of modular construction and changing building codes to improve commercial building sustainability. Modular construction techniques will help contractors combat labour shortages and higher wage costs because they are less labour-intensive. Overall, industry revenue is forecast to expand at a CAGR of 1.9% to total an estimated $44.0 billion through the end of 2030.

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Concrete Contractor Market Size 2024-2028

The concrete contractor market size is forecast to increase by USD 536 billion at a CAGR of 0.7% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. Firstly, the increasing urbanization and industrial development in various regions are driving the demand for concrete structures. Secondly, the focus on eco-friendly buildings and construction is leading to the adoption of sustainable concrete solutions. Lastly, automation and digitization of production processes are improving efficiency and reducing costs for concrete contractors. These trends are expected to continue shaping the market In the coming years. Additionally, the use of advanced technologies such as Building Information Modeling (BIM) and 3D printing in concrete construction is gaining popularity and is expected to revolutionize the industry.Overall, these factors are contributing to the growth and innovation In the market.

What will be the Size of the Concrete Contractor Market During the Forecast Period?

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The market In the United States is experiencing significant growth due to increased infrastructural developments and modern building techniques. Building contractors are increasingly utilizing civil engineering materials such as gelling materials, granular aggregates, and admixtures to enhance the compressive strength and durability of concrete structures. Modern construction methods, including modular constructions and offsite construction, are gaining popularity for their eco-friendly and sustainable development benefits. Advancements in technology are also driving market growth. Eco-friendly building practices, such as the use of recycled materials and low-carbon concrete, are becoming more prevalent. Innovations like 3D printing, drones, and prefabricated components are streamlining construction processes and reducing costs.Additionally, specialized concrete mixes, smart construction techniques, and forensic services are ensuring the longevity and safety of structures. The adoption of building information modeling and off-site construction further enhances efficiency and productivity In the market. Robotics and high-performance concrete are also gaining traction for their ability to produce structures with exceptional strength and precision. Overall, the market is experiencing a period of innovation and growth, driven by a focus on sustainability, efficiency, and advanced construction techniques.

How is this Concrete Contractor Industry segmented and which is the largest segment?

The concrete contractor industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userBuilding constructionBuilding renovationOthersGeographyNorth AmericaCanadaUSEuropeGermanyUKFranceAPACChinaIndiaJapanSouth AmericaBrazilMiddle East and Africa

By End-user Insights

The building construction segment is estimated to witness significant growth during the forecast period.

The market experiences significant demand due to concrete's widespread use in various infrastructure projects and real estate development. Concrete is the most commonly used man-made material, found in buildings, bridges, roadways, and other structures. In 2022, over 70% of the world's population resides in structures containing concrete. The US infrastructure package worth USD1 trillion passed in 2022 has further increased the demand for concrete contractors in road, bridge, and tunnel upgrades. Green building projects also contribute to the market's growth, utilizing low-cost raw materials like cement, aggregates, and concrete additives. Environmental issues drive the development of lightweight and heavyweight concrete types.The concrete industry continues to evolve, with advancements in technology and sustainable practices.

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The Building construction segment was valued at USD 6.07 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 68% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America, with a significant focus on the United States, is experiencing growth due to increasing government initiatives towards energy efficiency in building construction. For instance, the Canadian government is working towards adopting net-zero energy-ready building codes by 2030, w

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Construction Market in EMEA Size 2024-2028

The construction market in emea size is forecast to increase by USD 382.8 billion at a CAGR of 5.34% between 2023 and 2028. The market (Europe, Middle East, and Africa) is experiencing significant changes, driven by various factors. One key trend is the increasing adoption of green buildings, which are in the Innovator's stage in some regions and the Early Majority in others, leading to varying adoption rates and penetration levels. Another trend is the implementation of new technologies and materials, such as Building Information Modeling (BIM) and precast concrete, which are altering purchase criteria for construction projects. The market also faces challenges, including the rising cost of construction, particularly in heavy & civil engineering and specialty trade contracting sectors. These trends and challenges are shaping the future of the construction industry in EMEA, with a focus on sustainability, efficiency, and cost-effectiveness.

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The construction industry in Europe, the Middle East, and Africa (EMEA) is experiencing a significant rebound, fueled by the real GDP recovery and increased economic activity. This resurgence is evident in various sectors, including residential and non-residential building construction. Construction sheets, such as flooring, walls & ceilings, roofing, and HVAC systems, are in high demand as the end-user industry continues to recover. The urban population growth and immigration trends are driving the demand for new residential buildings, leading to a surge in residential building permits. Infrastructure building is another sector witnessing a resurgence, with public investments in roads, electricity and power, water and sewage, ports, and airports contributing to the growth.

Concrete machinery and other construction equipment sales are experiencing a corresponding increase due to the heightened infrastructure development activities. The construction industry's recovery is also influenced by energy prices and material prices. While lower energy prices have reduced production costs, material prices have been on the rise due to increased demand and supply chain disruptions. The EU-backed investment in green initiatives, such as carbon neutrality and reducing greenhouse gas emissions, is also impacting the construction market. This trend is leading to an increased focus on sustainable building materials and energy-efficient HVAC systems. Commercial and industrial construction sectors are also experiencing growth, driven by the economic recovery and the need for new facilities to accommodate expanding businesses.

The demand for new offices, warehouses, and factories is expected to continue, leading to increased sales of construction equipment and materials. In conclusion, the market is experiencing a robust recovery, driven by the real GDP growth, increased economic activity, and public investments in infrastructure. The demand for construction sheets, concrete machinery, and other equipment is expected to remain strong, with flooring, walls & ceilings, roofing, HVAC, and infrastructure building sectors leading the growth. The focus on sustainability and carbon neutrality is also influencing the market trends, with a growing emphasis on green building materials and energy-efficient systems.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Private sector
  Public sector


Type

  Commercial
  Residential


Geography

  EMEA

By End-user Insights

The private sector segment is estimated to witness significant growth during the forecast period.In the EMEA region, the construction industry has witnessed significant activity in the private sector, with a focus on residential and commercial projects. The need for maintaining and renovating existing buildings is on the rise due to the increasing population and the presence of aging structures. This trend is particularly noticeable in the residential sector, where the demand for energy-efficient and modernized homes is driving the need for retrofitting and renovation. Government regulations have also played a role in this trend, with stricter policies being implemented to ensure that building contractors and property owners adhere to energy-efficient building norms.

As a result, there is a growing emphasis on optimizing heating and cooling systems, as well as other energy-saving measures, within buildings. Construction sheets and equipment sales are expected to benefit from this increased demand for renovation and retrofitting activities. End-user industries, including the residential and commercial sectors, are expected to drive the growth in this market. According to recent economic data

Steel fell to 3,086 CNY/T on July 11, 2025, down 0.61% from the previous day. Over the past month, Steel's price has risen 5.22%, but it is still 6.46% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.

The global market size of Construction in Philippines is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Construction in Philippines Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Construction in Philippines industry. The key insights of the report:
1.The report provides key statistics on the market status of the Construction in Philippines manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Construction in Philippines industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Construction in Philippines Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Construction in Philippines as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Construction in Philippines market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

The revenue of the railway construction market in Iceland amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when the market value increased by X% year-to-year. Over the period under review, the railway construction market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

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Construction Estimation Software Market Size 2024-2028

The construction estimation software market size is forecast to increase by USD 663.1 million, at a CAGR of 7.54% between 2023 and 2028. Modern construction professionals in the US are increasingly relying on estimation software to streamline project management and ensure successful project outcomes. The market for construction estimation software is experiencing significant growth due to the demand for cost-effective and efficient solutions. One trend driving this growth is the integration of advanced technologies such as 3D modeling and Building Information Modeling (BIM) into estimation software. This enables estimators and construction managers to access project specifications and communicate seamlessly, leading to improved accuracy and productivity. Additionally, the software's ability to interface with existing legacy systems and construction equipment is a major advantage for contractors. An internet connection is essential for the effective use of these solutions, making them an indispensable tool for the construction industry. By implementing estimation software, US construction companies can enhance their project management capabilities and ultimately improve their bottom line.

Market Analysis

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The market is a significant contributor to the US economy, encompassing infrastructure development projects for houses, commercial buildings, bridges, and more. Traditional estimating methods, such as the use of spreadsheets and statistics, have long been the standard for cost projections. However, these methods come with challenges, including high initial costs, human error, and digital threats. To address these challenges, construction companies are increasingly turning to advanced estimation software solutions. These tools offer a structured framework for resource allocation, job costs, engineering costs, payment tracking, and more. By automating the estimation process, construction firms can gain a competitive edge, enabling them to submit more accurate and timely competitive bids.

The demand for construction estimation software is driven by several factors. First, owners, contractors, subcontractors, and consultants require precise cost projections to make informed decisions. Second, real-time adjustments to construction work schedules and labor and equipment requirements are essential for maintaining project efficiency. Construction estimation software offers several advantages over traditional methods. It streamlines the estimation process, reducing the likelihood of errors and increasing accuracy. Additionally, it provides real-time data on job costs, enabling project managers to make informed decisions and adjust budgets as needed. The software also offers features such as cost projections, labor and equipment tracking, and payment tracking.

These features help construction firms to manage their resources effectively, ensuring that projects are completed on time and within budget. Furthermore, the software can integrate with other project management tools, providing a comprehensive solution for managing construction projects. Despite the benefits, the adoption of construction estimation software is not without challenges. The initial costs can be high, and some firms may be hesitant to invest in new technology. Additionally, there is a risk of human error in the implementation and use of the software. To mitigate these challenges, construction firms should carefully evaluate the software options available and choose a solution that meets their specific needs.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Architects and builders
  Construction managers
  Contractors
  Others


Deployment

  Cloud-based
  On-premises


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  APAC

    China


  Middle East and Africa



  South America

By End-user Insights

The architects and builders segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to the increasing need for accurate job costing and payment tracking in the construction industry. Architects and builders are the primary consumers of this software, as they seek efficient solutions for managing construction projects and estimating engineering costs. The market's expansion is driven by the widespread adoption of digital construction methods and cloud-based software, enabling real-time collaboration between contractors and architects. Taxation policies and digital threats have not deterred the industry's growth, with the market expected to continue expanding. Major