Europe construction products market reflects impressive growth rate between 2021 and 2031 – Construction News Portal
The report includes the analysis of the impact of the COVID-19 lockdown on the revenue of market leaders, followers and disruptors. Since the lockdown has been implemented differently in different regions and countries, its impact is also different in different regions and segments. The report has covered the current short and long term impact on the market, it will also help decision makers to prepare the outline of short and long term strategies for businesses by region. The European building products market is expected to reach US$157.97 billion by 2026, from US$90.77 billion in 2017 at a CAGR of 6.35%.
The major driving factors for the European building products market are increasing demand for new buildings and renovations of existing buildings, increasing technological advancements, increasing construction activities and projects in the commercial sector and non-commercial, increased investment in road construction and housing projects, increased investment. in R&D, increasing trend of automation, increasing demand protection for outdoor and indoor infrastructure, increase in construction industries, the government is focusing on globalization and industrialization. On the other hand, poor quality materials, high cost of materials and lack of skilled labor for installation will hamper the growth of the European construction products market.
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On the basis of product type, the European building products market is divided into coatings, trims and structural subfloors. The slippage is estimated to boost the market over the forecast period through rising construction activities and projects in both commercial and non-commercial sectors. The trim segment is expected to register the highest CAGR of XX% during the forecast period owing to its ability to transform the appearance of infrastructure at low cost.
On the basis of end user, the European construction products market is categorized by commercial buildings and residential buildings. Commercial building is estimated to hold the largest market share during the forecast period owing to increased industrialization, growing demand for improved infrastructure, increase in migration and rising technological advancements.
At country level, the European construction products market is segmented by Germany, UK, France, Italy, Spain and Rest of Europe. Germany is estimated to hold the largest market share over the forecast period, owing to the presence of key players and the growing industrialization of this country.
The objective of the report is to present a comprehensive analysis of the European construction products market, including all industry stakeholders. The past and current status of the industry along with the forecasted market size and trends are presented in the report with complex data analysis in plain language.
The report covers all aspects of the industry with a dedicated study of major players which includes market leaders, followers and new entrants by application. The analysis of PORTER, SVOR, PESTEL with the potential impact of micro economic factors by application in the market has been presented in the report. Both external and internal factors believed to positively or negatively affect the business have been analyzed which will give decision makers a clear futuristic view of the industry.
The report also aids in understanding the Europe Building Products market dynamics and structure by analyzing market segments and projecting the Europe Building Products market size. A clear representation of the competitive analysis of major players by type, price, financial status, product portfolio, growth strategies and regional presence in the European construction products market makes the report an investor’s guide.
The studies of the main players analyzed and compared in the European construction products market are Wienerberger Baustoffindustrie AG, Holzplast LLC, U-Kon System, Royal Europa Sp. z oo, Hanson Building Products Limited, Hekim Construction Inc., Kingspan Group, Leier International and RHEINZINK
Construction products market in Europe, by product type
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• Coating
o Plastic
o Brick
o Wood
o Others
• Accompaniement
o Wood
o Fiber Cement
o Brick
o Others
• Structural subfloors
European construction products market, by end user
• Commercial building
• Residential building
Construction products market in Europe, by distribution channel
• In line
• Offline
Construction products market in Europe, by geography
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe
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Key players, European construction products market
• Wienerberger Baustoffindustrie AG
• Holzplast LLC
• U-Kon system
• Royal Europa Sp.zoo
• Hanson Building Products Limited
• Hekim Construction inc.
• Kingspan Group
• Leier International
• RHEINZINK
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