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[March 2008]
Global Market for Building Materials to Exceed US$391 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.
A sluggish demand scenario is expected for US with decline in housing starts, bulk inventories of unsold homes and strict economic regulations. The construction demand is gradually shifting towards emerging markets with relative decline in US and European markets. Building materials
industry is marked by the presence of a large number of small local players taking a lion's share in most regional markets. While the world's leading producers have a sizeable presence in many countries their global presence does not reflect these numbers.San Jose, CA (PRWeb) March 11, 2008 -- The global building materials industry is highly fragmented. While the top 3 consuming nations account for more than 50% of the global consumption, the top 3 suppliers together account for less than 20% of the global output. The industry is marked by the presence of a large number of small local players taking a lion's share in most of the markets. As such there is no clear leader in any of the markets.
While the world's leading producers have a sizeable presence in many countries their global presence does not reflect these numbers. This distortion can be attributed to the weak presence of international majors in China, a country, which accounts for a significant percentage of the global output and consumption. Global market for building materials is projected to exceed US$391 billion by the end of the year 2010.
Asia-Pacific is the largest market for building materials with an estimated share of 35.24% in 2007 while cement is the largest product segment globally, in terms of sales value. European market for aggregates totaled an estimated US$12.15 billion in 2006, while Latin America is poised to emerge as the fastest growing regional market for crushed rock, with sales projected to grow at a compounded annual rate of 3.54%.
Ready-Mixed Concrete is the largest product segment in the United States, accounting for about 24.88% of total sales of building materials. Germany is the largest regional market for building materials in Europe, with sales projected to exceed US$16.8 billion in 2009.
Key players listed in the report include Aditya Birla Group, Asahi Glass Company Limited, Boral Limited, CEMEX S.A.B. DE C.V., CSR Limited, Daiken Corporation, Dal-Tile International, Inc., Hanson Limited, HeidelbergCement AG, Holcim Ltd., Lafarge North America, Inc., Lafarge SA, Pilkington, Rinker Group Limited, Saint-Gobain, Sumitomo Osaka Cement Co. Ltd., US Clay Tile, White River Hardwoods-Woodworks,
and Wienerberger Baustoffindustrie AG among others."Building Materials: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the global market with hard-to-find data and analytics for key regional markets such as the United States, Asia-Pacific, Europe and others, alongside up and coming markets such as Latin America and the Middle East. The report provides a comprehensive review of market trends and issues, drivers, business profile, players,
competitive landscape, recent developments, mergers, acquisitions, alliances, product launches and other strategic
industry activities.Analytical estimates and projections are presented in terms of annual sales in US$ over the years 2000 through 2010. Long-term projections are provided over the period 2011-2015. Product segments independently analyzed PRWeb eBooks - Another online visibility tool from PRWeb
include Aggregates (Sand and Gravel, and Crushed Rock), Cement and Concrete (Cement, Concrete Products, and Ready-Mixed Concrete), Bricks, Tiles, Glass, Metal, Timber and Other Building Materials.For more details about this research report, please visit
http://www.strategyr.com/Building_Materials_Market_Report.aspAbout Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company
reports, market trend reports, and industry reports encompassing all major industries worldwide.Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site www.StrategyR.com
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