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.
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Graph and download economic data for Producer Price Index by Commodity: Special Indexes: Construction Materials (WPUSI012011) from Jan 1947 to May 2025 about materials, construction, commodities, PPI, inflation, price index, indexes, price, and USA.
The production price index (PPI) for construction materials and components in the United States decreased slightly in 2024. Up until 2020, construction prices had been rising fairly steadily. However, in the years after that construction producer prices have been very unstable. Production price index A PPI of *** in 2022, indicates that the real-world price has risen by *** percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, the PPI for construction machinery and equipment has also risen steadily until 2018. Like all prices, there are regional differences within the United States. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government. Common construction materials Some building materials are essential to construction work, and the decision on which to use is important for the life and the endurance of the building. Materials such as cement, steel, and sand are essential to many construction projects. The production of cement is tightly linked to the demand that comes from the construction industry. The durability and potency of steel gives it an advantage over wood and concrete, providing buildings with a higher resistance but a cheaper price tag. Sand is commonly used in buildings, but it is especially common in roads that require stones of various grades and granulation.
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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.
The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.
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The United States Construction Materials Market Report is Segmented by Material Type (Marble, Granite, Limestone, Sandstone, Sand and Gravel, Crushed Stone, Clay, and Other Material Types) and End-User Industry (Residential and Non-Residential). The Market Sizes and Forecasts are Provided in Volume (Tons) for all the Above Segments.
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Construction Materials Price Index: Electrical Wiring data was reported at 511.500 1990=100 in Aug 2018. This records an increase from the previous number of 478.600 1990=100 for Jul 2018. Construction Materials Price Index: Electrical Wiring data is updated monthly, averaging 214.400 1990=100 from Jan 1993 (Median) to Aug 2018, with 308 observations. The data reached an all-time high of 511.500 1990=100 in Aug 2018 and a record low of 76.800 1990=100 in Jun 1994. Construction Materials Price Index: Electrical Wiring 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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Indonesia Wholesale Price Index: Construction Materials (CM) data was reported at 143.260 2010=100 in Jul 2019. This records an increase from the previous number of 143.190 2010=100 for Jun 2019. Indonesia Wholesale Price Index: Construction Materials (CM) data is updated monthly, averaging 129.490 2010=100 from Jan 2013 (Median) to Jul 2019, with 79 observations. The data reached an all-time high of 143.260 2010=100 in Jul 2019 and a record low of 109.380 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Construction Materials (CM) data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Indonesia – Table ID.IB007: Wholesale Price Index: by Sector: Construction Materials.
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United States - Producer Price Index by Industry: Building Material and Supplies Dealers was 224.75400 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Building Material and Supplies Dealers reached a record high of 259.21300 in March of 2022 and a record low of 100.00000 in December of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Building Material and Supplies Dealers - last updated from the United States Federal Reserve on June of 2025.
Material costs for new non-residential construction in the United Kingdom grew by almost ** percent between 2015 and June 2022. The annual average prices of construction materials used for repairs, new housing, and other new construction work increased at a similar pace during that period. By June 2022, the aggregate prices of materials soared for all types of construction work.
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United States - Producer Price Index by Commodity: Special Indexes: Construction Materials was 343.52600 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Special Indexes: Construction Materials reached a record high of 353.01500 in May of 2022 and a record low of 22.20000 in January of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Special Indexes: Construction Materials - last updated from the United States Federal Reserve on July of 2025.
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The global construction materials market size was USD 1,320.01 Billion in 2023 and is projected to reach USD 1,867.16 Billion by 2032, expanding at a CAGR of 3.9% during 2024–2032. The market growth is attributed to the increasing urbanization and industrialization across the globe.
Growing urbanization and industrialization are expected to boost the market during the assessment years. Cities expand and industries grow and the demand for construction materials increases significantly. This is due to the need for infrastructure development, including residential, commercial, and industrial buildings. Furthermore, industrialization leads to technological advancements in construction materials, enhancing their quality, durability, and sustainability.
Artificial Intelligence (AI) significantly impacts the construction materials market by enhancing efficiency, reducing costs, and improving safety measures. AI-powered tools and software enable the industry to optimize the use of construction materials, thereby minimizing waste and reducing environmental impact.
AI algorithms accurately predict the quantity of materials required for a project, eliminating the guesswork and reducing over-ordering. AI contributes to cost reduction by automating routine tasks, such as inventory management and quality control, which traditionally require human intervention. This automation saves time and reduces the risk of human error.
In terms of safety, AI technologies, such as machine learning and computer vision, help identify potential hazards at construction sites, thereby preventing accidents and ensuring the well-being of workers. Therefore, the integration of AI in the market offers substantial benefits, transforming the way the industry operates and paving the way for sustainable and efficient construction practices.
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The global building material dealer market is experiencing robust growth, driven by the expanding construction sector and increasing home improvement activities worldwide. While the exact market size in 2025 is not provided, considering typical growth rates in this sector and the presence of major players like Home Depot and Lowe's, a reasonable estimate for the 2025 market size could be around $500 billion USD. Assuming a conservative Compound Annual Growth Rate (CAGR) of 5% over the forecast period (2025-2033), the market is projected to surpass $750 billion by 2033. This growth is fueled by several key factors, including rising disposable incomes in developing economies leading to increased housing construction, government initiatives supporting infrastructure development, and a growing trend toward home renovations and DIY projects. The market is segmented by product type (hardware and hand tools, plumbing and electrical supplies, paint and sundries, home lawn and garden tools, and other products) and application (household and commercial), allowing businesses to target specific customer needs effectively. Competitive pressures are intense, particularly among the major international players like Home Depot and Lowe's, who are continuously innovating and expanding their supply chains to maintain market share. Geographic growth varies, with North America and Europe currently dominating the market, but the Asia-Pacific region is expected to demonstrate significant expansion due to rapid urbanization and infrastructure investments in countries like China and India. Challenges include fluctuations in raw material prices, supply chain disruptions, and increasing labor costs. The success of building material dealers hinges on their ability to adapt to evolving customer preferences, embrace e-commerce solutions, and manage inventory effectively in a volatile market environment. Strategic partnerships, investments in logistics and technology, and a focus on sustainable and eco-friendly products will be crucial for growth. The increasing adoption of digital tools for online ordering and improved customer service are also changing the face of the industry. Regional differences in construction regulations, building codes, and customer preferences necessitate a nuanced approach to market penetration and localization strategies. Analyzing specific market segments – such as the growing demand for specialized tools and sustainable building materials – will be crucial for companies seeking a competitive edge. The long-term outlook for the building material dealer market remains positive, underpinned by consistent growth in global construction activities and rising consumer demand for home improvement products.
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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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The global advanced construction materials market size was valued at approximately USD 50 billion in 2023 and is expected to grow to nearly USD 95 billion by 2032, registering a CAGR of about 7.5% during the forecast period. This significant growth is driven by various factors including increasing urbanization, technological advancements in material sciences, and the growing demand for sustainable and energy-efficient construction solutions.
One of the most significant growth factors for the advanced construction materials market is the rising trend of urbanization and the consequent demand for new and improved infrastructure. As cities swell with an influx of residents, the need for durable, efficient, and sustainable building materials has never been greater. Advanced materials such as high-performance concrete and composites are being increasingly adopted to meet these demands, offering better strength, durability, and resistance to environmental factors. This rapid urbanization, especially in emerging economies, is fueling the growth of the market.
Another crucial growth factor is the technological advancements in material sciences. Innovations such as nanotechnology, self-healing materials, and 3D printing are revolutionizing the construction industry. These advanced materials not only enhance the structural integrity and longevity of buildings but also allow for more complex and innovative architectural designs. The development and adoption of these cutting-edge materials are expected to drive the market further, as they provide significant cost savings over the lifecycle of a building, reducing the need for maintenance and repairs.
The growing emphasis on sustainability and energy efficiency is also a pivotal factor propelling the advanced construction materials market. With increasing awareness of environmental impacts and the urgent need to reduce carbon footprints, both governments and private sectors are pushing for greener construction practices. Advanced materials like eco-friendly composites, energy-efficient glass, and sustainable polymers are gaining traction as they help in reducing energy consumption and enhancing the thermal performance of buildings. This shift towards sustainable construction is expected to significantly boost the market over the forecast period.
Regionally, the Asia Pacific is anticipated to dominate the advanced construction materials market, followed by North America and Europe. The rapid urbanization and industrialization in countries like China, India, and Southeast Asian nations are driving the demand for advanced construction materials. In North America and Europe, the focus on sustainable construction practices and stringent building codes are key factors supporting market growth. The regional outlook remains strong with substantial investments in infrastructure development and refurbishment projects.
The advanced construction materials market is segmented by material type into concrete, steel, wood, composites, polymers, and others. Each of these materials plays a crucial role in modern construction, offering distinct advantages and applications. Concrete remains one of the most widely used materials due to its excellent compressive strength and versatility. Innovations such as high-performance and self-healing concrete are extending its applications even further, making it indispensable in both residential and commercial construction.
Steel is another critical material in the advanced construction materials market, known for its high tensile strength and flexibility. It is extensively used in building frameworks, bridges, and industrial structures. The development of advanced steel alloys and fabrication techniques has enhanced the material's properties, making it more resistant to corrosion and environmental stressors. This has significantly contributed to the growth of the steel segment in the market.
Wood, especially engineered wood products like cross-laminated timber (CLT), is gaining popularity due to its sustainability and renewable nature. Engineered wood products offer improved strength and durability compared to traditional wood, making them suitable for a wide range of construction applications. The eco-friendly nature of wood, combined with advancements in wood treatments and manufacturing processes, is driving the growth of this segment.
Composites are increasingly being used in construction due to their high strength-to-weight ratio and corrosion r
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Nepal Construction Materials Price Index (CMI) data was reported at 118.743 2014-2015=100 in Jul 2018. This records an increase from the previous number of 118.479 2014-2015=100 for Apr 2018. Nepal Construction Materials Price Index (CMI) data is updated quarterly, averaging 115.624 2014-2015=100 from Oct 2014 (Median) to Jul 2018, with 16 observations. The data reached an all-time high of 119.526 2014-2015=100 in Jul 2017 and a record low of 100.000 2014-2015=100 in Jul 2015. Nepal Construction Materials Price Index (CMI) data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Nepal – Table NP.EA001: Construction Materials Price Index: 2014-15=100.
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Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data was reported at 138.820 2010=100 in Jul 2019. This records an increase from the previous number of 138.470 2010=100 for Jun 2019. Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools data is updated monthly, averaging 123.310 2010=100 from Jan 2013 (Median) to Jul 2019, with 79 observations. The data reached an all-time high of 138.820 2010=100 in Jul 2019 and a record low of 103.000 2010=100 in Jan 2013. Indonesia Wholesale Price Index: Construction Material: Commodities: Construction Tools 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.
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The Guatemala construction materials market reached a value of approximately USD 63.74 USD in 2024. The market is projected to grow at a CAGR of 6.60% between 2025 and 2034, reaching a value of around USD 120.78 Million by 2034.
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European Union - Construction cost index: Input prices for materials was EUR122.10 points in September of 2021, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Construction cost index: Input prices for materials - last updated from the EUROSTAT on July of 2025. Historically, European Union - Construction cost index: Input prices for materials reached a record high of EUR122.10 points in September of 2021 and a record low of EUR72.20 points in March of 2000.
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As Per BIS Industry Analysis the global construction sustainable materials market is Expected to grow 12.0% between 2017 to 2026. Know Market Forecast, Size, Trends.
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.