Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016709 | Publication Date: Dec 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Kingdom (UK) Construction Materials market currently, in 2023, has witnessed an HHI of 1405, Which has decreased slightly as compared to the HHI of 2138 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
United Kingdom (UK) Construction Materials Market report thoroughly covers the market by product type and application. 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 United Kingdom (UK) construction materials market size covers all materials used for the construction of buildings, residential and non-residential buildings, bridges, roads, and other infrastructure projects. It is one of the largest construction markets in Europe and has been experiencing substantial growth in the past few years. The market size is projected to reach unprecedented levels in the coming years
According to 6Wresearch, the United Kingdom (UK) Construction Materials Market size is projected to grow at a CAGR of 5.1% during the forecast period 2025-2031. The market growth is driven by the increasing demand for construction materials. The UK government has been improving infrastructure, investing in affordable housing projects, and building up new commercial spaces, which has created a high demand for construction materials. These initiatives have caused an overall increase in the volume of the construction market and, in turn, the need for more construction materials. On the other hand, major challenges such as the high cost of construction materials.
The production of construction materials involves high energy costs, raw material exploration, extraction, and transportation, all of which lead to increased production costs. The cost of sustaining existing buildings and infrastructure is also high, resulting in increased demand for repair and maintenance materials. However, the growth of the United Kingdom (UK) Construction Materials industry is still emerging with the rising trends. There has been growing sustainable building practices and the use of eco-friendly construction materials. Green building has become increasingly popular as property owners seek to reduce their carbon footprint and mitigate environmental risks. Additionally, there has been a growing preference for niche construction products such as precast concrete, which is known to be versatile, durable, and cost-effective.
The UK government has implemented several initiatives aimed at bolstering growth in the construction industry. For example, the introduction of the Help to Buy Scheme has facilitated affordable homeownership, leading to increased demand for construction materials. Additionally, the government supports initiatives aimed at achieving environmental goals like the Net Zero Carbon Emissions target by 2050. These are several favourable policies & programmes supporting the United Kingdom (UK) Construction Materials Market growth.
The UK construction materials market has many leading players operating massively by offering high quality construction materials. Some of the are mentioned below:
These companies use various strategies to maintain a competitive edge, including product development, acquisition, and mergers with smaller companies.
According to Dhaval, Research Manager, 6Wresearch, the industrial sector is experiencing significant growth due to innovation-driven technologies, automation, and robotics. The growth trajectory of the residential and industrial sectors is predicted to continue.
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 United Kingdom (UK) Construction Materials Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Construction Materials Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Construction Materials Market - Industry Life Cycle |
3.4 United Kingdom (UK) Construction Materials Market - Porter's Five Forces |
3.5 United Kingdom (UK) Construction Materials Market Revenues & Volume Share, By Product type 2021 & 2031F |
3.6 United Kingdom (UK) Construction Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Kingdom (UK) Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Construction Materials Market Trends |
6 United Kingdom (UK) Construction Materials Market, By Types |
6.1 United Kingdom (UK) Construction Materials Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Product type 2021 - 2031F |
6.1.3 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Construction aggregates, 2021 - 2031F |
6.1.4 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Concrete bricks, 2021 - 2031F |
6.1.5 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Cement, 2021 - 2031F |
6.1.6 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Construction metals, 2021 - 2031F |
6.2 United Kingdom (UK) Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 United Kingdom (UK) Construction Materials Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 United Kingdom (UK) Construction Materials Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Construction Materials Market Export to Major Countries |
7.2 United Kingdom (UK) Construction Materials Market Imports from Major Countries |
8 United Kingdom (UK) Construction Materials Market Key Performance Indicators |
9 United Kingdom (UK) Construction Materials Market - Opportunity Assessment |
9.1 United Kingdom (UK) Construction Materials Market Opportunity Assessment, By Product type 2021 & 2031F |
9.2 United Kingdom (UK) Construction Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Kingdom (UK) Construction Materials Market - Competitive Landscape |
10.1 United Kingdom (UK) Construction Materials Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016709 | Publication Date: Oct 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Kingdom (UK) Construction Materials Market is projected to grow over the coming years. United Kingdom (UK) Construction Materials Market report is a part of our periodical regional publication Europe Construction Materials Market outlook report. 6W tracks Construction Materials market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Construction Materials Market outlook report annually.
United Kingdom (UK) Construction Materials Market report thoroughly covers market by Product Type and Application. The market report provides an unbiased and detailed analysis of the on-going 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.
United Kingdom (UK) Construction Materials Market Synopsis
United Kingdom (UK) Construction Materials Market is anticipated to gain momentum during the upcoming years owing to surging population. Expansion of residential sector coupled with rising number of high-rise buildings are driving the UK Construction Materials Market Growth. Additionally, the rising establishment of hotels, restaurants, buildings and commercial offices are also adding to the UK Construction Materials Industry.
According to 6Wresearch, United Kingdom (UK) Construction Materials Market size is projected to register growth during 2020-2026. Increasing government efforts, I order to develop the infrastructure in driving the UK Construction Materials Market Share. Additionally, the rising disposable income backed by increasing infrastructure activities is driving the demand for Construction Materials. However, the market suffered a major setback owing to the outburst of COVID-19 that led to the pause on construction activities. Nationwide restrictions led to disruption in supply chain further hampered the UK Construction Materials Market Revenue.
Market Analysis by Application
On the basis of application, residential segment accounted the substantial share and is expected to lead the market during the forthcoming years owing to rising construction activities.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments: