Future of Building Materials Market
Introduction The Future of building materials market is set for dynamic growth, fueled by urbanization, sustainability goals, and technology adoption. According to, the market is projected to expand from USD 1.69 trillion in 2025 to USD 2.24 trillion by 2030, growing at a CAGR of 5.8%. This makes the Future of the Building Materials Market highly relevant for industry stakeholders. Market Growth Drivers Urbanization & Infrastructure Expansion: By 2050, over 80% of the global population will live in cities, increasing demand for housing, commercial, and industrial projects. Technology Integration: Building Information Modeling (BIM) is revolutionizing workflows by reducing waste, cutting costs, and enhancing efficiency. Economic Contribution: Construction already contributes over 10% of global GDP , with industry value expected to reach USD 14.8 trillion by 2030 . Regional Outlook Asia-Pacific Leading the Way Asia-Pacific remains the fastest-growing region, holdi...