Market Snapshot
| Study Period: | 2018-2027 |
| Base Year: | 2021 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Asia-Pacific |
| CAGR: | >4 % |
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Market Overview
The building and construction sheets market is poised to register a CAGR of more than 4% during the forecast period.
A large volume of building and construction sheet companies felt the impact of the COVID-19 pandemic in multiple dimensions, and they are now emphasizing sustained growth over the long-term future. As the global building and construction sheet and other chemical industries play a vital role in the economic recovery of countries, such companies are likely to witness potential opportunities in the short term period.
The use of polymer and metal sheets in sound and waterproofing, roofing, heating, ventilating, and air conditioning (HVAC) is predicted to increase the demand for sheets in the near future. The increasing population and speedy growth of urbanization and industrialization in emerging economies are forcing the government to accelerate investment in the building and construction sheets market. The accelerated investment will further satisfy infrastructural rising needs and ultimately boost the market. Besides, the market is projected to experience significant growth in the construction industry due to the rising disposable income in developing countries.
The growing construction industry across the world, coupled with rising population, rapid urbanization, and industrialization in emerging economies, is expected to drive market growth over the forecast period.
Increasing construction spending by governments in various countries, especially in China and India, to meet rising industrial and public infrastructure requirements is expected to be a major factor driving the demand for the product in construction applications over the forecast period. As a result, Asia-Pacific is expected to remain the fastest-growing construction market.
Scope of the Report
Building and construction sheets are used for the designing of buildings that fulfill spatial, environmental, and visual requirements. The report covers a complete background analysis of the building and construction sheets market, which includes an assessment of the economy, market overview, market size estimation for key segments, emerging trends in the market, market dynamics, and key company profiles. The market is segmented by the type of material (bitumen, rubber, polymer, and metal) and geography. The report also covers the impact of COVID-19 on the market.
| Material | |
| Bitumen | |
| Rubber | |
| Metal | |
| Polymer |
| Application | |
| Flooring | |
| Walls and Ceiling | |
| Windows | |
| Doors | |
| Roofing | |
| Building Envelop | |
| Electrical | |
| HVAC | |
| Plumbing |
| Geography | |||||||||
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Key Market Trends
The Asia-Pacific Region Leads in Demand for Polycarbonate Sheets
The Asia-Pacific market is anticipated to be a leader for polyolefins with respect to demand. The region has the presence of many global leaders in polymer sheet manufacturing. The region has a relatively high growth rate as a result of its continuously increasing demand. The demand in the region is mainly due to the increasing appetite for polymer sheets in China. The Middle East, being the second fastest-growing polyolefins market globally, is witnessing high industrial growth, which hints at increasing demand for polyolefins for their diverse applications.
India’s polymer demand is likely to bounce back with a robust growth due to a sharp recovery in economic activity on account of a sustained fall in new COVID-19 cases in the country.
The market for extruded polymer for signage and interior partition applications in Asia-Pacific is dominated by PMMA resin. However, ongoing refinement of formulations by key players along with cost benefits and superior mechanical, thermal, and chemical properties exhibited by the product may enhance its application scope in the construction sector.
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Steel Sheets Leads the Building and Construction Sheets Industry
Steel is projected to be the largest segment of the global sheet metal market. The key factor driving the growth of the segment is the high tensile strength of the material that is offered at a low cost. Steel sheet metal is widely used in multiple end-user industries. For instance, the construction sector accounts for around 50% of global steel consumption.
The increasing demand for HVAC systems in the commercial sector for energy conservation is expected to boost the market growth during the forecast period. Asia-Pacific is expected to be the largest and fastest-growing regional market during the forecast period. The growth is attributed to rapid industrialization and urbanization in the region. Moreover, the continuously growing population is further expected to boost the production and consumption of sheet metal during the forecast period.
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Competitive Landscape
The market is quite fragmented but highly competitive, with large players catering to the international market and local players to the regional demand. Also, the availability of a large number of product suppliers across the regions is likely to restrain the entry of new players into the industry.
The major players in the market mostly offer a wide range of construction products as opposed to manufacturing only a single type of product. As a result, these companies mostly compete based on pricing and product portfolios. The companies strive to gain market share by providing specialized and installation services.
Recent Developments
- July 2021: Owens Corning, an American company that develops and produces insulation, roofing, and fiberglass composites and related materials and products, announced that it had acquired vliepa GmbH, which specializes in the coating, printing, and finishing of nonwovens, paper, and film for the building materials industry. The acquisition broadens Owens Corning’s significant global nonwovens portfolio to better serve European customers and accelerate the growth of building and construction market applications in the region.
- April 2021: GAF, a Standard Industries company and the largest roofing and waterproofing manufacturer in North America, announced a new patented shingle recycling process that has successfully produced the industry’s first asphalt roofing shingles containing recycled materials from post-consumer and post-manufacture waste shingles that may have otherwise been landfilled.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Industry Attractiveness - Porter's Five Forces Analysis
4.2.4.1 Bargaining Power of Suppliers
4.2.4.2 Bargaining Power of Consumers
4.2.4.3 Threat of New Entrants
4.2.4.4 Threat of Substitutes
4.2.4.5 Intensity of Competitive Rivalry
4.3 Technological Trends
4.4 Government Regulations
4.5 Value Chain/Supply Chain Analysis
4.6 Impact of COVID-19 on Building and Construction
5. MARKET SEGMENTATION
5.1 Material
5.1.1 Bitumen
5.1.2 Rubber
5.1.3 Metal
5.1.4 Polymer
5.2 Application
5.2.1 Flooring
5.2.2 Walls and Ceiling
5.2.3 Windows
5.2.4 Doors
5.2.5 Roofing
5.2.6 Building Envelop
5.2.7 Electrical
5.2.8 HVAC
5.2.9 Plumbing
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Italy
5.3.2.4 Spain
5.3.2.5 Germany
5.3.2.6 Russia
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Southeast Asia
5.3.3.6 Australia
5.3.3.7 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 Saudi Arabia
5.3.4.2 United Arab Emirates
5.3.4.3 Qatar
5.3.4.4 South Africa
5.3.4.5 Rest of Middle-East and Africa
5.3.5 South America
5.3.5.1 Argentina
5.3.5.2 Brazil
5.3.5.3 Chile
5.3.5.4 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Overview (Overall Market Share, Market Concentration and Major Players, and Companies' Comparison Analysis)
6.2 Company Profiles
6.2.1 Paul Bauder GmbH & Co. KG
6.2.2 GAF Materials Corporation
6.2.3 Atlas Roofing Corporation
6.2.4 CertainTeed Corporation
6.2.5 Owens Corning Corp.
6.2.6 Etex
6.2.7 North American Roofing Services Inc.
6.2.8 Fletcher Building Limited
6.2.9 Icopal ApS
6.2.10 EURAMAX
6.3 Other Companies (Overview/Key Information)
*List Not Exhaustive7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
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Frequently Asked Questions
What is the study period of this market?
The Building and Construction Sheets Market market is studied from 2018 - 2027.
What is the growth rate of Building and Construction Sheets Market?
The Building and Construction Sheets Market is growing at a CAGR of >4% over the next 5 years.
Which region has highest growth rate in Building and Construction Sheets Market?
Asia-Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Building and Construction Sheets Market?
Asia-Pacific holds highest share in 2021.
Who are the key players in Building and Construction Sheets Market?
Paul Bauder GmbH & Co. KG, GAF Materials Corporation, Atlas Roofing Corporation, CertainTeed Corporation, Owens Corning Corp. are the major companies operating in Building and Construction Sheets Market.
