Building Materials Market | Size, Share & Trend Analysis 2025

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Code: MTA4168

Publication Date: Jun 2025

What is the Building Materials Market Size?

According to 6Wresearch internal database and industry insights, the Global Building Materials Market was estimated at approximately USD 1,216 billion in 2024 and is expected to surpass USD 1,735 billion by 2031, exhibiting a CAGR of 5.2%.

This is spurred by the increased construction projects, urbanization, and need of the sustainable construction solutions that are long-lasting in both the residential and commercial sector.

Key Growth Drivers

High-paced city infrastructural development and smart cities.
Increasing demand of green and energy efficient building materials.
Growth in the real estate and affordable housing industry.
Improvement in technology in material production and design.
Investments by the government on infrastructure and public utilities.
Emerging renovation and remodeling in advanced areas.

Building Materials Market Trends

Building Materials market is expected to be shaped by emerging trends such as promoting the use of recycled and low-carbon materials, alongside the development of 3D-printed construction components. Prefabricated and modular construction techniques are gaining traction for their efficiency and reduced environmental impact. Digitization of the supply chain is enabling better inventory management and cost control across large-scale projects. These advancements collectively reflect a shift toward more sustainable, efficient, and technology-driven construction practices.