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U.S. Construction Materials Market 2024-2032 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

U.S. Construction Materials Market by Material Type (Aggregates, Cement, Bricks, Blocks, Metals, Others), by End-user (Residential, Infrastructure, Commercial, Industrial), by Forecast 2024-2032

Nov 18 2024
Base Year: 2023
180 Pages
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U.S. Construction Materials Market 2024-2032 Analysis: Trends, Competitor Dynamics, and Growth Opportunities

Key Insights

The U.S. Construction Materials Market size was valued at USD 146.8 USD Billion in 2023 and is projected to reach USD 189.31 USD Billion by 2032, exhibiting a CAGR of 3.7 % during the forecast period. The United States construction materials market is huge and supports Infrastructure and residential and commercial buildings. It deals with cement, steel, wood, and glass, among other products, and it is concerned with the products that could be used sustainably. These materials are used in various fields including the home, commerce and society at large. Among the categories are - structural - finishing - and advanced material - here changes like 3D printing and AI are taking place. It affects economic growth and urbanisation as well as connects with environmental concerns. There are some advantages such as increased strength and insulation, energy efficiency, and fuel savings. In conclusion, it is a lively sector boosting economic and infrastructural development through creativity and sustainable exploitation of resources.

U.S. Construction Materials Market Research Report - Market Size, Growth & Forecast

U.S. Construction Materials Trends

  • Increasing adoption of sustainable and environmentally friendly materials
  • Growing demand for energy-efficient buildings
  • Technological advancements in construction processes

Driving Forces: What's Propelling the U.S. Construction Materials Market

  • Surge in residential and commercial construction activities
  • Government initiatives for infrastructure development
  • Increasing investments in renewable energy projects

Challenges and Restraints in the U.S. Construction Materials Market

  • Price fluctuations of raw materials
  • Supply chain disruptions
  • Labor shortages

Emerging Trends in U.S. Construction Materials

  • Use of drones and robots in construction
  • Adoption of prefabricated construction methods
  • Integration of virtual and augmented reality

Growth Catalysts in the U.S. Construction Materials Industry

U.S. Construction Materials Market Growth
  • Focus on sustainable and energy-efficient materials
  • Technological innovations to improve construction speed and efficiency
  • Government incentives for green building initiatives

Market Segmentation: U.S. Construction Materials Analysis

Material Type:

  • Aggregates
  • Cement
  • Bricks and Blocks
  • Metals
  • Others

End-user:

  • Residential
  • Infrastructure
  • Commercial
  • Industrial

Leading Players in the U.S. Construction Materials Market

  • LafargeHolcim Ltd. ()
  • CEMEX ()
  • HeidelbergCement ()
  • Boral Limited ()
  • Buzzi Unicem ()
  • Ash Grove Cement Company ()
  • Argos S.A. ()
  • Eagle Materials Inc. ()
  • GCC SAB de ()

Significant Developments in the U.S. Construction Materials Sector

  • April 2023: Holcim US announced to acquisition of Duro-Last, a pioneer in commercial roofing systems with pro forma net sales of USD 540 million.
  • March 2023: Cemex announced a capital investment of USD 250 million to expand the Cemex facility in Comal County at the company's New Braunfels, Texas location.

Comprehensive Coverage U.S. Construction Materials Market Report

The report offers an in-depth analysis of the U.S. construction materials market, encompassing:

  • Market Overview: A comprehensive description of the market's size, growth rate, and industry dynamics.
  • Key Drivers and Challenges: An identification of the factors driving market growth, such as infrastructure investment and urbanization, as well as challenges affecting the industry, like supply chain disruptions and labor shortages.
  • Emerging Trends and Growth Opportunities: An examination of emerging trends shaping the market, such as the rise of sustainable building materials and the adoption of digital technologies, as well as identification of growth opportunities for various market segments.
  • Competitive Landscape: A detailed analysis of the competitive landscape, including market share analysis, key industry players, and their strategies.
  • Detailed Segmentation: A comprehensive breakdown of the market by material type (e.g., cement, steel, wood), application (e.g., residential, commercial, infrastructure), and region, providing granular insights into each segment's performance and growth potential.
  • Comprehensive Company Profiles: In-depth profiles of leading companies in the U.S. construction materials market, including their financial performance, business strategies, product offerings, and competitive advantages.
  • Comprehensive Analysis of Industry Developments: A thorough examination of recent industry events, such as mergers and acquisitions, technological advancements, and government regulations, and their impact on the market's growth trajectory.

U.S. Construction Materials Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 3.7% from 2018-2032
Segmentation
    • By Material Type
      • Aggregates
      • Cement
      • Bricks
      • Blocks
      • Metals
      • Others
    • By End-user
      • Residential
      • Infrastructure
      • Commercial
      • Industrial
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Government Norms Favoring a Rise in the Number of Smart Cities to Fuel Product Demand
      • 3.3. Market Restrains
        • 3.3.1. Rising Environmental Concerns for Unfavorable Construction Circumstances May Hinder Market Growth
      • 3.4. Market Trends
        • 3.4.1. Rising Consumption of Sustainable Materials and Adoption of Smart Technologies to Propel Market Expansion
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. U.S. Construction Materials Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Material Type
      • 5.1.1. Aggregates
      • 5.1.2. Cement
      • 5.1.3. Bricks
      • 5.1.4. Blocks
      • 5.1.5. Metals
      • 5.1.6. Others
    • 5.2. Market Analysis, Insights and Forecast - by End-user
      • 5.2.1. Residential
      • 5.2.2. Infrastructure
      • 5.2.3. Commercial
      • 5.2.4. Industrial
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1.
  6. 6. Northeast U.S. Construction Materials Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Material Type
        • 6.1.1 Aggregates
        • 6.1.2 Cement
        • 6.1.3 Bricks and Blocks
        • 6.1.4 Metals
        • 6.1.5 and Others
      • 6.2. Market Analysis, Insights and Forecast - By End-user
        • 6.2.1 Residential
        • 6.2.2 Infrastructure
        • 6.2.3 Commercial
        • 6.2.4 and Industrial
  7. 7. Southeast U.S. Construction Materials Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Material Type
        • 7.1.1 Aggregates
        • 7.1.2 Cement
        • 7.1.3 Bricks and Blocks
        • 7.1.4 Metals
        • 7.1.5 and Others
      • 7.2. Market Analysis, Insights and Forecast - By End-user
        • 7.2.1 Residential
        • 7.2.2 Infrastructure
        • 7.2.3 Commercial
        • 7.2.4 and Industrial
  8. 8. Midwest U.S. Construction Materials Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Material Type
        • 8.1.1 Aggregates
        • 8.1.2 Cement
        • 8.1.3 Bricks and Blocks
        • 8.1.4 Metals
        • 8.1.5 and Others
      • 8.2. Market Analysis, Insights and Forecast - By End-user
        • 8.2.1 Residential
        • 8.2.2 Infrastructure
        • 8.2.3 Commercial
        • 8.2.4 and Industrial
  9. 9. Southwest U.S. Construction Materials Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Material Type
        • 9.1.1 Aggregates
        • 9.1.2 Cement
        • 9.1.3 Bricks and Blocks
        • 9.1.4 Metals
        • 9.1.5 and Others
      • 9.2. Market Analysis, Insights and Forecast - By End-user
        • 9.2.1 Residential
        • 9.2.2 Infrastructure
        • 9.2.3 Commercial
        • 9.2.4 and Industrial
  10. 10. West U.S. Construction Materials Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Material Type
        • 10.1.1 Aggregates
        • 10.1.2 Cement
        • 10.1.3 Bricks and Blocks
        • 10.1.4 Metals
        • 10.1.5 and Others
      • 10.2. Market Analysis, Insights and Forecast - By End-user
        • 10.2.1 Residential
        • 10.2.2 Infrastructure
        • 10.2.3 Commercial
        • 10.2.4 and Industrial
  11. 11. Competitive Analysis
    • 11.1. Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 LafargeHolcim Ltd. (Switzerland)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 CEMEX (Mexico)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 HeidelbergCement (Germany)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Boral Limited (Australia)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Buzzi Unicem (Italy)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Ash Grove Cement Company (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 Argos S.A. (Colombia)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Eagle Materials Inc. (U.S.)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 GCC SAB de (Mexico)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: U.S. Construction Materials Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
  2. Figure 2: U.S. Construction Materials Market Value Share (%), by Material Type 2023 & 2031
  3. Figure 3: U.S. Construction Materials Market Value Share (%), by End-user 2023 & 2031
  4. Figure 4: U.S. Construction Materials Market Share (%) by Company 2023
List of Tables
  1. Table 1: U.S. Construction Materials Market Revenue USD Billion Forecast, by Material Type 2018 & 2031
  2. Table 2: U.S. Construction Materials Market Volume Kiloton Forecast, by Material Type 2018 & 2031
  3. Table 3: U.S. Construction Materials Market Revenue USD Billion Forecast, by End-user 2018 & 2031
  4. Table 4: U.S. Construction Materials Market Volume Kiloton Forecast, by End-user 2018 & 2031
  5. Table 5: U.S. Construction Materials Market Revenue USD Billion Forecast, by Region 2018 & 2031
  6. Table 6: U.S. Construction Materials Market Volume Kiloton Forecast, by Region 2018 & 2031
  7. Table 7: U.S. Construction Materials Market Revenue USD Billion Forecast, by Material Type 2018 & 2031
  8. Table 8: U.S. Construction Materials Market Volume Kiloton Forecast, by Material Type 2018 & 2031
  9. Table 9: U.S. Construction Materials Market Revenue USD Billion Forecast, by End-user 2018 & 2031
  10. Table 10: U.S. Construction Materials Market Volume Kiloton Forecast, by End-user 2018 & 2031
  11. Table 11: U.S. Construction Materials Market Revenue USD Billion Forecast, by Region 2018 & 2031
  12. Table 12: U.S. Construction Materials Market Volume Kiloton Forecast, by Region 2018 & 2031
  13. Table 13: U.S. Construction Materials Market Revenue USD Billion Forecast, by Material Type 2018 & 2031
  14. Table 14: U.S. Construction Materials Market Volume Kiloton Forecast, by Material Type 2018 & 2031
  15. Table 15: U.S. Construction Materials Market Revenue USD Billion Forecast, by End-user 2018 & 2031
  16. Table 16: U.S. Construction Materials Market Volume Kiloton Forecast, by End-user 2018 & 2031
  17. Table 17: U.S. Construction Materials Market Revenue USD Billion Forecast, by Country 2018 & 2031
  18. Table 18: U.S. Construction Materials Market Volume Kiloton Forecast, by Country 2018 & 2031
  19. Table 19: Northeast U.S. Construction Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  20. Table 20: Northeast U.S. Construction Materials Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  21. Table 21: Southeast U.S. Construction Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  22. Table 22: Southeast U.S. Construction Materials Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  23. Table 23: Midwest U.S. Construction Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  24. Table 24: Midwest U.S. Construction Materials Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  25. Table 25: Southwest U.S. Construction Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  26. Table 26: Southwest U.S. Construction Materials Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  27. Table 27: West U.S. Construction Materials Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: West U.S. Construction Materials Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  29. Table 29: U.S. Construction Materials Market Revenue USD Billion Forecast, by Material Type 2018 & 2031
  30. Table 30: U.S. Construction Materials Market Volume Kiloton Forecast, by Material Type 2018 & 2031
  31. Table 31: U.S. Construction Materials Market Revenue USD Billion Forecast, by End-user 2018 & 2031
  32. Table 32: U.S. Construction Materials Market Volume Kiloton Forecast, by End-user 2018 & 2031
  33. Table 33: U.S. Construction Materials Market Revenue USD Billion Forecast, by Country 2018 & 2031
  34. Table 34: U.S. Construction Materials Market Volume Kiloton Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 3.7% from 2018-2032
Segmentation
    • By Material Type
      • Aggregates
      • Cement
      • Bricks
      • Blocks
      • Metals
      • Others
    • By End-user
      • Residential
      • Infrastructure
      • Commercial
      • Industrial
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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