Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016718 | Publication Date: Oct 2020 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Romania Construction Materials market currently, in 2023, has witnessed an HHI of 1698, Which has decreased slightly as compared to the HHI of 2064 in 2017. The market is moving towards moderately 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.
Romania Construction Materials Market report thoroughly covers the market by application, and by product type. 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.
Romania Construction Materials Market has been growing influenced by private infrastructure investments, an increase in the construction of the residential and commercial sectors. As the country looks to build for the future, there is expected to be a significant demand for construction materials. The Romania Construction Materials industry is gaining momentum due to the government's focus on infrastructure development, housing construction, and the rising use of sustainable and eco-friendly materials.
According to 6Wresearch, the Romania Construction Materials Market size is projected to grow at a CAGR of 6.8% during the forecast periodย 2025-2031. The Romanian government has been investing in the infrastructure projects include new highway constructions, railway links, and water treatment facilities, among others. Further, the country is focusing to grow tourism sector, and this will increase the construction of hotel and leisure projects, boosting the construction materials demand. Additionally, sustainable materials are gaining traction and leaving a positive impact on the Romania Construction Materials industry by reducing GHG level.
However, market has some challenges such as the high cost, which impacts the overall construction budget negatively. With the construction industry expanding, construction companies prefer lower pricing, which could a pose a challenge for the producers. It impairs the quality of materials produced as companies seek to reduce production costs; hence, it leads to sub-standard materials used in construction. Despite these challenges, market is still expanding as increasing use of sustainable materials in the construction materials. There is a growing trend towards the use of recycled materials to maintain the ecological balance. There is also an increasing preference for renewable energy in constructions to reduce carbon footprint and save on energy consumption.
Romania Construction Materials Market share is estimated to increase with the Romanian government support through the introduction of policies and incentives such as tax breaks for sustainable construction, and waste management. The government has launched policies that promote the use of sustainable materials in the construction industry boosting the growth of green buildings in the country. The country's National Plan for Energy Efficiency targets a 50% reduction in energy consumption in buildings by 2030, further encouraging to use sustainable materials. The government also provides tax incentives and subsidies for using eco-friendly construction materials and investing in green building technologies.
The construction materials sector has numerous significant players that has many small players. Major players in the market include companies like
These companies have significant market shares, with LafargeHolcim leading the market due to its immense experience and strong brand recognition.
According to Dhaval, Research Manager, 6Wresearch, the residential sector being the most significant application driving the growth. The growth is influenced by the growing population rate and urbanization.
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 Romania Construction Materials Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Construction Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Romania Construction Materials Market - Industry Life Cycle |
3.4 Romania Construction Materials Market - Porter's Five Forces |
3.5 Romania Construction Materials Market Revenues & Volume Share, By Product type 2021 & 2031F |
3.6 Romania Construction Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Romania Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romania Construction Materials Market Trends |
6 Romania Construction Materials Market, By Types |
6.1 Romania Construction Materials Market, By Product typeย |
6.1.1 Overview and Analysis |
6.1.2 Romania Construction Materials Market Revenues & Volume, By Product type 2021 - 2031F |
6.1.3 Romania Construction Materials Market Revenues & Volume, By Construction aggregates, 2021 - 2031F |
6.1.4 Romania Construction Materials Market Revenues & Volume, By Concrete bricks, 2021 - 2031F |
6.1.5 Romania Construction Materials Market Revenues & Volume, By Cement, 2021 - 2031F |
6.1.6 Romania Construction Materials Market Revenues & Volume, By Construction metals, 2021 - 2031F |
6.2 Romania Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Romania Construction Materials Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Romania Construction Materials Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Romania Construction Materials Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Romania Construction Materials Market Import-Export Trade Statistics |
7.1 Romania Construction Materials Market Export to Major Countries |
7.2 Romania Construction Materials Market Imports from Major Countries |
8 Romania Construction Materials Market Key Performance Indicators |
9 Romania Construction Materials Market - Opportunity Assessment |
9.1 Romania Construction Materials Market Opportunity Assessment, By Product type 2021 & 2031F |
9.2 Romania Construction Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Romania Construction Materials Market - Competitive Landscape |
10.1 Romania Construction Materials Market Revenue Share, By Companies, 2024 |
10.2 Romania Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |