Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Building Materials Market Procurement Intelligence Report | Forecasts of over USD 200 Billion Spend Growth in the Building Materials Market


SpendEdge has been monitoring the global building materials market and the market is poised to experience spend growth of more than USD 200 billion between 2018-2023 at a CAGR of over 5% during the forecast period. Request Free Sample Pages.

Read the 127-page research report with TOC and LOE on “The Global Building Materials Market “ Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.

The rapid phase of industrialization in developing countries will result in a steep rise in construction activities. This will act as one of the primary growth drivers in the building materials market. The pressing necessity to adhere to the global environmental regulatory framework will drive enterprises to procure green building materials which will contribute to spend growth in the building materials market.

In terms of regional spend growth, APAC has the largest share to claim in the global building materials market. The increase in the construction of commercial spaces in India, China, Indonesia, and South Korea will contribute to spend momentum of this market. The unveiling of a series of infrastructure construction projects such as the Newark liberty international airport “ regional plan association, and the Plaquemines project, among others, will create massive requirements and will drive spend growth in this market to a significant extent. Out of the market segments, cement held a significant share in the overall spend growth in the building materials market in the US last year owing to the Making it In America initiative. This initiative will lead to an increase in the construction of manufacturing facilities, which will further drive the demand for cement during the forecast period.

Subscribe to our procurement platform to get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment.

Insights into the market pricing trends

  • An increase in the mining of gypsum will result in a steady decline in the price of this commodity which will also impact the price of building materials. The price growth was lesser in the first quarter of this year than compared to the last years growth.
  • The prevalence of protectionist trade policies pertaining to a majority of raw materials will propel the manufacturing costs of building materials that include costs of raw materials such as silica, pet coke, and limestone. This will have an inflationary impact on the procurement price for buyers.

Insights into the supply market that will have potential impacts on your procurement strategy

  • Countries like China, India, and the US have a higher concentration of building materials suppliers, particularly of the cement suppliers. Such a high concentration is attributed to the significant availability of raw materials, such as limestone, chalk, and clay, and companies with high annual production capacity.
  • Buyers tend to segregate the supply pool based on annual production capacity, type of materials, supplier location, ability to provide dedicated production capacity, and logistical capabilities, among other factors. This rationalization of the supply base will allow buyers to minimize a significant amount of transaction costs and reduce management efforts toward supplier management.

Some of the top building materials suppliers enlisted in this report

  • Compagnie de Saint-Gobain SA
  • CRH Plc
  • Sika AG
  • HeidelbergCement AG
  • LafargeHolcim Ltd.

Buy 1 report and get the second for 50% off. Buy 2 reports and get the third for free. Download the free sample of this report on the building materials market.

Some of the key topics covered in this report are:

  • Building materials market spend segmentation by region
  • Building materials supply market analysis
  • Regional spend opportunity for building materials suppliers
  • Building materials suppliers cost structure
  • Total cost of ownership analysis in the building materials market
  • Building materials pricing models analysis
  • Category management objectives
  • Cost saving opportunities in the building materials market

Free sample of reports that you may like:

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,


Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

Editorial & Advertiser disclosure

Call for Entries

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate

Newsletters with Secrets & Analysis. Subscribe Now


Global Banking & Finance Review® is a leading financial portal and Print Magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management. Copyright © 2010-2021 GBAF Publications Ltd - All Rights Reserved.