Construction Materials Market Fueled by Booming Residential and Commercial Construction

Construction Materials Market Fueled by Booming Residential and Commercial Construction

Investments in both residential and commercial buildings are expected to bolster the market. The global construction materials market is expected to have a compound annual growth rate (CAGR) of 6.7% from 2025 to 2032 to a valuation of USD 2.45 trillion, up from the current estimated USD 1.57 trillion. Residential construction accounts for a global market share of 43.9% of construction materials usage, making it an especially desirable field as green building trends and sustainable practices mold the trajectory of the industry towards a higher market value.

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Author: MediaNews