Europe building materials market is set to record 5.5% CAGR ...| MENAFN.COM

Sunday, 25 September 2022 05:50 GMT

Europe building materials market is set to record 5.5% CAGR during forecast time

(MENAFN- America News Hour) The size of Europe Building Materials Market was registered at USD 85 billion in the year 2017 and is anticipated to cross USD 125 billion by 2024. Between the period 2018 -2024, the Europe Building Materials Market is expected to register a CAGR of 5.5%.

This detailed research report was recently added by GMI, and is analysed by means of Evolving Technology, Business Competitors, Industry Strategies, Key Companies, Growth rate, and Forecast until 2024. The report includes enough details that highlight the importance of the most significant sectors of market.

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Increasing government spending on renovation projects & smart cities development are the key factors fueling Europe building materials market share. Factors such as environmental concern and rapid urbanization has surged up the need for smart infrastructure solutions. Shifting trend towards efficient construction practices with superior ability offering enhanced integration, improved planning, and advanced designing benefits will primarily drive the industry growth.

Report Growth Drivers:

  • UK: Growth of the construction sector and expansion of infrastructural renovation projects
  • Germany: Rising demand for green building material
  • France: Rising demand for prefabricated residential buildings
  • Benelux
  • Belgium: Rising demand for R & M activities
  • The Netherlands: Favorable incentive schemes supporting the construction industry
  • Luxemburg: Increasing urbanization
  • Italy: Progression in wood industry
  • Russia: Growing awareness towards green building practices
  • Rest of Europe: Preference for wood-based building products
  • Flooring market is projected to observe more than 5.4% CAGR from 2018 to 2024. The construction industry uses particle board in applications, such as interior lining, floor, web plate, the base material in door core, and furniture frame making process. Flooring products are mostly made from the particleboard sheets due to dimensionally stable benefits augmenting industry share. Modern architecture is gaining consumer attention, especially the new generation designs, shades, and textures, stimulating the Europe building materials market growth.

    UK building materials market generated sales more than USD 8.5 billion in 2017. Growing renovation activities and new residential construction owing to the rising population and increasing count of migrants are propelling the building materials market growth. Comparatively lower interest rates coupled with improved income are among the key factors that have elevated the building components demand. In addition, European Structural and Investment (ESI) funds financial support through renovation loans and grants will provide positive business outlook.

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    Europe Building Materials Market Segmentation:

    Know about Market growth in New Research and its Top growing factors by Key Companies like

    BASF, Bituline Industries SA, James Burrell, PCI Augsburg GmbH, Murdock Builders Merchants, Saint-Gobain, JSC SKV, Saint-Gobain Gyproc, Fassa Bortolo, Siniat (acquired by Etex), Thebault Group, UPM Plywood, Danzer Group, Puumerkki Oy, Mogentale A Srl, Klausner Group, Kastamonu Entegre, Lumber/Timber/Truss manufacturers, Pfeifer Holding GmbH, Ilim Nordic Timber GmbH & Co., Stora Enso Oyj, BSW Timber Group, Sodra Group, Panel manufacturers (plywood, MDF, Particleboard and OSB), Metsa Wood, AS Latvijas Finieris, SVEZA, Grupo Garnica Plywood, S.A., Glennon Brothers, Flooring manufacturers (MDF, HDF, plywood, other engineered based and solid), Svenska Cellulosa Aktiebolaget SCA, Danzer, Holz Braun, FRITZ EGGER GmbH & Co. OG, MEDITE SMARTPLY, Wooden Door Manufacturers, Viking Window AS, Baumeister EUROTECH, JOSKO Windows and doors GmbH, Pandoor Interior Doors Industries Ltd., HAUFEN, XL Joinery Limited, Wooden Interior Joinery, Intermolduras S.L., Zebrano Woodworks LLC, Interior-id, Raumplus, Rauch Group, S & T Interiors and Contracting, WEWOOD, Pronto Joinery Ltd., Helios, Poggenpohl Mobelwerke GmbH, pronorm Einbaukuchen GmbH, Nobia AB (HTH Kitchens), Nobia AB (Marbodal), Sigdal, EWE, Magnet, Nobilia, Alno, Wellmann Kitchens, Pino Kitchens GmbH & Co.KG, Impuls Kitchen GmbH, SCHMIDT Groupe, Hacker, Mobalpa, Schuller S.L., Bauformat Group, Snaidero Group, Accessories, Kohler Co., ROCA, Hansa Armaturen GmbH, Ideal Standard International, Duravit AG, Grohe, Villeroy & Boch, Steinberg GmbH, Aloys F. Dornbracht GmbH & Co. KG, Kludi GmbH & Co. KG

    Comprehensive Review of Market Growth, Applications, and Future Prospects

  • Flooring, Door and Window,
  • Kitchen,
  • Bath,
  • Vanity,
  • Toilet,
  • Roofing,
  • Outer Siding,
  • Furniture [Interior, Garden Furniture]
  •  Europe Building Materials Market Report Includes

  • An evaluation with regards to the current industry scenario as well as growth opportunities, target audience, major players, and market projection until 2024
  • A comprehensive analysis with respect to the market size, growth projection, industry valuation, and major contenders until 2024
  • An evaluation of the growth opportunities, growth forecast, returns, and Forecast 2019-202
  • Details on Primary and Secondary Research, Market Segmentation, Consumption Analysis, and Forecast until 2024
  • A detailed research pertaining to the Emerging Growth Parameters, Export Research Report, Market Dynamics, and Forecast to 202
  • Market Assessment, Strategic Developments, as well as Forecast 2024
  • Product applications, market trends, technological advancements, and ongoing demand and Forecast by 2024
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    Key Reasons to Purchase the Europe Building Materials Market Report

  • The report contains a detailed analysis of the market pertaining to the product type, end-use segmentation, regional demand, and market opportunities until 2024
  • A detailed data review in tandem with the meta-analysis of the market pertaining to the global manufacturers as well as regions – until 2024
  • An in-depth understanding of the drivers that will impact the market the most, as well as preventive strengths in the market, coupled with the influence of these factors on the global industry.
  • The report helps identify the hidden growth opportunities of the market along with the increasing CAGR forecast until 2024.
  • The report helps calculate basic problems, solutions, as well as product developments to manipulate the progress threat.
  • Global Market Insights, Inc.

    Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.



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