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Global Construction Materials Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Construction material refers to any material used to build infrastructure. Numerous naturally occurring materials, such as pebbles, clay, wood, sand, twigs, and leaves, have been used to construct buildings. The construction industry uses a variety of materials, including bricks, concrete, cement, corrosion inhibitors, wood, ceramics, polymers, steel, recycled materials, glass fibers, rammed earth, bamboo, bituminous materials, and advanced building materials. They provide building and ecosystem building blocks, including houses.
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Due to the presence of countries with good economic policies, high GDP, early adoption of cutting-edge infrastructure, and a thriving ecosystem of the construction industry, North America is estimated to have the highest CAGR over the forecast period. In Canada, the number of immigrants has significantly increased in recent years. Population growth in Canada is almost twice as fast as it is in the other G7 nations. Additionally, a lot of the copper, aluminum, steel, stone, and fixtures used in the construction industry in the United States are imported from other countries, particularly China and other developing countries. This is anticipated to accelerate industry expansion in the North American region.
Some of the key players profiled in the Construction Materials Market include Adbri Ltd., Anhui Conch Cement Co., Ltd., Asahi Glass, BBMG Corporation Ltd, BGC Australia PTY Ltd., Birla Corp. Ltd., Boral Limited, Cementir Holding NV, CEMEX SAB de CV, China National Building Material Co., Ltd., CRH PLC, Daikin Industries, Fletcher Building Ltd., Fujairah Cement Industries, Grasim Industries, HeidelbergCement AG, Holcim Ltd., JK Cement Ltd, JMH International Ltd., Knauf Gips KG, LafargeHolcim Ltd., Lixil Group Corporation, Masco Corporation, Nippon Steel Corp., PPC Ltd., Saint-Gobain and Sika AG.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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