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Building and Construction Material

The building and construction material sector includes the raw materials used for the development of residential, commercial, industrial and infrastructural units. The materials are manufactured using naturally occurring substances, such as clay, rocks, sand and wood, can also be produced synthetically. The construction materials include structural and reinforcement steel, cement, ready-to-mix concrete, aggregates, binding wires, bricks and blocks. They are processed with additives to enhance the corrosion-, fracture- and moisture resistant properties and increase the tensile strength. They exhibit high strength-to-weight and strength-to-size ratios and are widely used in the structural framework of high-rise buildings and industrial facilities. There are several factors that are positively impacting the sector, including the development of sustainable building and construction materials, along with extensive infrastructural development. Product manufacturers are developing geopolymer concrete, foam concrete and efflorescence materials that are biodegradable and have a lower carbon footprint.

IMARC Group continuously monitors and analyzes the market dynamics of the building and construction materials industry to develop comprehensive reports on the underlying sectors. These reports offer detailed insights regarding the market dynamics, leading players and current and future trends. They also include market sizes, revenue forecasts, value chains, product and price trends, feasibility analysis, opportunities for growth and challenges faced by the end-use organizations.