Europe Building Materials Market Forecasts | 125 Billion-Dollar Mark by 2024, 603 pages report
Global Market Insights, Inc. has recently added a new report on europe building materials market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of construction industry.
Selbyville, United States – July 28, 2019 /MarketersMedia/ —
Europe building materials market is fragmented in nature due to the presence of numerous domestic manufacturing companies catering wide product portfolio. The key companies including BASF SE, James Burrell, and Saint Gobain. Other prominent manufacturers are UPM Plywood, Kastamonu, Danzer, Gyproc Iberica, Siniat and Bituline Industries S.A. The industry exhibits a low bargaining power for suppliers owing to the presence of a large number of suppliers and dealers in the market.
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Innovative energy saving building designs coupled with new product developments will offer lucrative business opportunities for future construction projects. Europe commercial construction industry have experienced strong revenue growth rate with more than 9.4% from 2013 to 2016 and projected to grow at a faster pace during the forecast time frame.
Changing consumer preference towards high performance, superior quality, and low material cost will accelerate the industry growth. Manufacturing companies are continuously focusing on development of affordable, durable and attractive product portfolio which will further fuel the business expansion. Increasing penetration of premium windows and door designs will positively impact the Europe building materials market growth.
Browse key industry insights report, “Europe Building Materials Market Size By Material (Lumber, Panel Products [Plywood, MDF, Particle Board, OSB, HDF], Gypsum), By Application (Flooring, Door and Window, Kitchen, Bath, Vanity, Toilet, Roofing, Outer Siding, Furniture [Interior, Garden Furniture]), Industry Analysis Report, Country Outlook (UK, Germany, France, Benelux, Italy, Russia), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/europe-building-materials-market
Roofing segment was accounted for more than USD 560 million in 2017. European roof framing is mainly built from timber, logs, boards, and different types of wood species that provide excellent mechanical strength. Increasing requirement for high quality materials including wood components to provide strong structural support will foster demand for the Europe building materials.
Flooring market is projected to observe more than 5.4% CAGR from 2018 to 2024. The construction industry uses particle board in applications, such as interior lining, floor, web plate, the base material in door core, and furniture frame making process. Flooring products are mostly made from the particleboard sheets due to dimensionally stable benefits augmenting industry share. Modern architecture is gaining consumer attention, especially the new generation designs, shades, and textures, stimulating the Europe building materials market growth.
UK building materials market generated sales more than USD 8.5 billion in 2017. Growing renovation activities and new residential construction owing to the rising population and increasing count of migrants are propelling the building materials market growth. Comparatively lower interest rates coupled with improved income are among the key factors that have elevated the building components demand. In addition, European Structural and Investment (ESI) funds financial support through renovation loans and grants will provide positive business outlook.
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Europe building materials market is fragmented in nature due to the presence of numerous domestic manufacturing companies catering wide product portfolio. The key companies including BASF SE, James Burrell, and Saint Gobain. Other prominent manufacturers are UPM Plywood, Kastamonu, Danzer, Gyproc Iberica, Siniat and Bituline Industries S.A. The industry exhibits a low bargaining power for suppliers owing to the presence of a large number of suppliers and dealers in the market.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
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Organization: Global Market Insights
Phone: 1-888-689-0688
Website: https://www.gminsights.com/industry-analysis/europe-building-materials-market
Source: MarketersMedia
Release ID: 88901506
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