Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC057700 | Publication Date: Nov 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 2 | |
Europe Construction Materials Market report thoroughly covers the market by countries, by product type, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The construction industry is one of the largest industries in the world, including this Europe, with a robust economy and growing population, the demand for new houses, buildings, and infrastructure has boosted in the recent years. This has resulted in increase in construction materials market growth, making it one of the most lucrative sectors for businesses in Europe. The market is segmented into various types, including cement, concrete, aggregates, bricks & blocks, and insulation materials. Cement and concrete market segments are predicted to lead the market owing to their high demand in the construction industry. The market's growth is attributed to increasing residential and commercial construction activities, government initiatives towards infrastructure development, and rising renovation activities in existing buildings.
According to 6Wresearch, the Europe Construction Materials Market size is augmented to expand at a CAGR of 3.8% during the forecast period 2024-2030. The construction materials market's growth in Europe is driven by several factors such as the growing population, economic stability, raid shift of rural population towards urban areas, and investment in infrastructure development. However, market faces some challenges that can hamper its growth are the increasing environmental concerns, high transportation costs of raw materials, and stringent regulations by government authorities are the challenges restricting the industry's growth.
Despite these challenges, market still has a huge potential to grow with some emerging trends. The Europe construction materials industry is undergoing various trends, including Sustainability, Digitalization, Lightweight Materials, and Insulation Material Demand is estimated to secure a growth of the Europe Construction Materials industry. The market is adopting innovative technologies for time-efficient and cost-effective construction that reduce the environmental footprint. Further, the increasing demand for lightweight insulation materials is due to the design trend towards energy-efficient buildings.
The Europe Construction Materials Market share is estimated to secure a double-digit rate, with the European Union has implemented several initiatives and regulations to promote energy-efficient buildings, including the Energy Performance of Buildings Directive (EPBD) and the Nearly Zero Energy Buildings (nZEBs) plan. The plan aims to reduce carbon footprint and improve energy efficiency by 2020. Also, the European Investment Bank has allocated €1 billion for funding energy-efficient building projects, providing businesses a financial boost towards sustainable construction practices.
The construction materials market in Europe is dominated by a few major players, including
These companies offer a wide range of products, from cement to insulation to roofing materials. They also have significant market share in several European countries, making them key players in the industry.
According to Ravi Bhandari, Research Head, 6Wresearch, the France is the only country witnessing considerbale growth in the European construction materials market. The country's organized construction industry and ambitious infrastructure development plan contribute to its steady growth.
Based on the product type, Cement and concrete market segments are predicted to lead the market backed by their high demand in the construction industry. Although, materials use varies on applications.
Based on the application, the commercial construction is augmented to grow on the back of various reasons, including the rise of e-commerce and digitalization. However, other sectors, including residential and industrial are also gaining traction in the market.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Construction Materials Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Construction Materials Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Construction Materials Market - Industry Life Cycle |
3.4 Europe Construction Materials Market - Porter's Five Forces |
3.5 Europe Construction Materials Market Revenues & Volume Share, By Countries, 2023 & 2030F |
3.6 Europe Construction Materials Market Revenues & Volume Share, By Product type, 2023 & 2030F |
3.7 Europe Construction Materials Market Revenues & Volume Share, By Application, 2023 & 2030F |
4 Europe Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Construction Materials Market Trends |
6 Europe Construction Materials Market, 2020 - 2030 |
6.1 Europe Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
6.2 Europe Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
7 Germany Construction Materials Market, 2020 - 2030 |
7.1 Germany Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
7.2 Germany Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
8 United Kingdom Construction Materials Market, 2020 - 2030 |
8.1 United Kingdom Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
8.2 United Kingdom Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
9 France Construction Materials Market, 2020 - 2030 |
9.1 France Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
9.2 France Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
10 Italy Construction Materials Market, 2020 - 2030 |
10.1 Italy Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
10.2 Italy Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
11 Russia Construction Materials Market, 2020 - 2030 |
11.1 Russia Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
11.2 Russia Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
12 Spain Construction Materials Market, 2020 - 2030 |
12.1 Spain Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
12.2 Spain Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
13 Rest of Europe Construction Materials Market, 2020 - 2030 |
13.1 Rest of Europe Construction Materials Market, Revenues & Volume, By Product type, 2020 - 2030 |
13.2 Rest of Europe Construction Materials Market, Revenues & Volume, By Application, 2020 - 2030 |
14 Europe Construction Materials Market Key Performance Indicators |
15 Europe Construction Materials Market - Opportunity Assessment |
15.1 Europe Construction Materials Market Opportunity Assessment, By Countries, 2023 & 2030F |
15.2 Europe Construction Materials Market Opportunity Assessment, By Product type, 2023 & 2030F |
15.3 Europe Construction Materials Market Opportunity Assessment, By Application, 2023 & 2030F |
16 Europe Construction Materials Market - Competitive Landscape |
16.1 Europe Construction Materials Market Revenue Share, By Companies, 2023 |
16.2 Europe Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |
Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC057700 | Publication Date: Feb 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Construction Materials Market is projected to grow over the coming years. Europe Construction Materials Market is a part of our various regional publications globally. 6W tracks Construction Materials Market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Construction Materials Market outlook report annually.
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Europe Construction Materials Market is expected to witness growth over the upcoming years. Increasing population, accompanied by rising disposable income has resulted in an expansion in the construction of residential and commercial projects, which is expected to fuel the Europe construction materials market. Increasing tourist arrivals in European countries including Germany, France, and Italy, owing to the prominent world’s top tourism destination in the region fuelling demand for the new hotels. Hence, these are the key drivers fuelling the growth of the construction materials market. Key challenges are faced by the whole seller, distributors and retailer include, the emergence of the e-commerce industry. Shifting a huge consumer base towards online channels is hampering the major profit share of the various distributors and retail outlets and the COVID-19 pandemic is also one of the restrain faced by the construction materials market.
According to 6Wresearch, the Europe Construction Materials Market size is anticipated to register growth during 2021-2027. The key regions of Europe are UK and Germany. UK construction materials market contributed more in recent years and construction spending in the private housing sector has recorded high figures. The UK reported a GDP growth of around 1.9% because of the construction materials market. Growing renovation activities and new residential construction due to the rising population and increasing the count of migrants is expected to influence the country growth. Germany is projected to witness substantial growth in the construction materials market revenue share during the forecasting period.
German construction companies have turned to foreign markets to compensate for losses in the past period of crises. German construction companies are strengthening their market position by capturing the international market from more than 70 countries. There is a drop-in activity in Italy, Spain, and France, where the lockdown has been longer and more restrictive than in central, Eastern and Northern Europe. This also translates into a more pronounced drop in the construction materials market. However, there is a major dropdown in Italy(9.9%), Spain(8.8%), Poland(4%) because of the ongoing COVID-19 Pandemic. Western Europe is anticipated to contribute the highest share in the market during the forecast period, due to rapid urbanization and industrialization. Europe construction materials market share is fragmented in nature due to the presence of small and large companies in the market.
The major companies are James Burrell and Saint Gobain. Other prominent companies including BASF SE, Siniat, Fassa Srl, UPM Plywood, Danzer, Kastamonu, Gyproc Iberica, PCI Augsburg. Also, on the basis of distribution channels, the Online sales channel has emerged as the fastest-growing distribution channel for construction materials across Europe.
Europe construction materials market report thoroughly covers the market by application, product type and key countries including the United Kingdom, Russia, France, Germany, Italy, Spain and the rest of Europe. Europe construction materials market outlook report provides an unbiased and detailed analysis of the ongoing Europe construction materials market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The Market Report includes the following segments: