An Overview of the Europe Advanced Building Materials Market from 2023 to 2032

The report provides both quantitative and qualitative analysis of the Europe advanced building materials market from 2023 to 2032, offering shareholders a clear understanding of the industry's current state. All information related to the industry is sourced from highly reliable sources and thoroughly reviewed and verified by our experts. As per the report by Allied Market Research, the sector is predicted to generate $17,735.6 million with an impressive CAGR of 5.8% by 2032.  

The report offers a thorough analysis of the sector, covering key factors such as sales estimates, market size and share, as well as major growth drivers. The industry is projected to experience significant expansion during the forecast period. Additionally, the report offers detailed statistics on the drivers, restraints, and opportunities that directly influence the market. The Europe advanced building materials industry is gaining momentum due to superiority of advanced building materials, need for cost-effective products and lowered construction time, and surge in government expenditure for infrastructure.  

However, high initial investment hampers the growth to some extent. Nevertheless, a rise in demand for sustainable buildings is projected to offer lucrative opportunities for the sector in the upcoming years.  

Latest trends transforming the future of the market 

Trend analysis in the report provides businesses with data-driven insights, helping to minimize uncertainty in strategic planning and decision-making. By analyzing past trends, organizations can make better-informed decisions about product development, marketing strategies, and resource allocation. Here are the recent trends in the market: 

Advanced insulating materials: Energy efficiency has become a crucial factor in today’s construction industry, that makes the selection of effective building insulation a top priority. Owing to this, researchers are discovering new super insulating materials (SIM) with high efficiency. Although fiberglass is still the commonly utilized insulation material because of its favorable insulating properties, low cost, and fire-resistant qualities, advancements in SIM are estimated to offer even more effective alternatives. 

Emergence of advanced composites: Advanced composites are high-performance materials made from polymers, fibers, and various additives. In the construction sector, they provide exceptional durability and corrosion resistance, making them well-suited for harsh environmental conditions. Their resistance to weathering and pests helps maintain the integrity of structures over time, leading to lower maintenance costs and extended building lifespans. 

Competitive analysis 

The competitive landscape in the study also details the strategic initiatives of top players, including acquisitions and mergers, new agreements, collaborations, product launches, joint ventures, research and development investments, and regional growth of them in the industry at both global and regional levels. The study clearly outlines their company profiles, market share, product offerings, business strategies, and revenue distribution. The top entities covered in the report include Kingspan Group plc, HeidelbergCement AG, Holcim Ltd., DuPont de Nemours, Inc., PPG Industries Inc., BASF SE, CEMEX, S.A.B. DE C.V., Knauf Gips KG, Saint-Gobain Group, and SIPEUROPE s.r.o. 

Industry highlights 

In November 2021, HOLCIM launched DYNAMax, a high-performance concrete that offers impressive compressive strength, durability, and rigidity while providing design flexibility and sustainability across a wide variety of applications, including complex infrastructure projects and high-rise buildings. 

In May 2023, CEMEX acquired a mortar plant near Madrid. This acquisition was a part of CEMEX’s strategy to boost EBITDA. This new facility features advanced technology that allows the production of both traditional and specialty mortars with improved sustainability characteristics. 

In summary, the AMR report on the Europe advanced building materials market provides a comprehensive analysis of the competitive landscape within the industry. It empowers investors, businesses, stakeholders, and new entrants to take advantage of opportunities arising from recent trends, while also assisting in strategic planning for sustained long-term success.