Europe Building Materials Market: Gypsum Segment is Projected to Record CAGR of 6.5% by 2027

Europe building materials market share from gypsum is expected to grow at 6.5% CAGR up to 2027. Gypsum has numerous applications in the construction sector. It is used to construct walls and ceilings, as well as, to produce wallboard, Plaster of Paris (POP), and retarder in Portland cement. Building gypsum is a highly adopted material in the making of residential and commercial spaces owing to its moisture preserving, heating resistance, fire proofing, and sound-absorbing characteristics.

Consumer are increasingly inclining towards wooden furniture that exhibits a premium and architectural interior design. Materials like plywood, oriented strand board, and particle board are extensively adopted for roofing structures and other furniture work. Hotels, resorts, and tourist locations are spending heavily on acquiring outdoor furniture to give a rich look to the surroundings and attract more visitors.

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Rising trends of balcony gardening and roof-top farming are fueling the demand for boards, logs, timber, and different kinds of other materials to provide strength and a luxurious look. The furniture segment is predicted to generate around US$60 billion revenue share for Europe building materials market by 2027.

Europe building materials market is expected to witness remarkable growth over the next few years motioned by rise in residential and commercial construction activities in the region. Demand for new housing apartments has led to extensive investment in various construction projects in recent times.  

According to the European Construction Industry Federation (FIEC), construction expenditure across EU27 countries was around €1,324 billion in 2019, which was dominated by the investment in new house building, refurbishment, maintenance activities.

Consumer preference for strong and durable building structures for resisting erratic climatic conditions is likely to propel the demand for long-lasting building materials in the region. Europe building materials market size is slated to cross over US$145 billion by 2027.

France held around 8.5% revenue share of Europe building materials market in 2020 and is anticipated to proceed at a notable pace. Soaring residential construction activities owing to rapid increase in demographics is influencing strong demand for prefabricated structures, such as partition panels, metallic roof systems, frames, doors, and windows.

In the likes of Le Grand plan d’investissement, a substantial rise in government initiatives to boost residential construction projects should complement building materials business in Europe.  

Leading firms operating in Europe building materials industry include Murdock Builders Merchant, UPM Plywood, Saint Gobain, Klausner Group, Danzer Group, PCI Augsburg GmbH, and BASF SE, among others. These building material manufacturers are emphasizing on R&D activities to develop eco-friendly materials to fall in-line with stringent government norms for emission from construction activities.

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Some Point from Table of Contents:

Data Table

TABLE 1.    Europe building materials industry 3600 synopsis, 2017 – 2027

TABLE 2.    Europe building materials market volume and revenue, 2017 – 2027, (Thousand Cubic Meters) (USD Million)

TABLE 3.    Europe building materials industry volume and revenue, 2017 – 2027, (Thousand Cubic Meters) (USD Million)

TABLE 4.    Europe building materials industry volume by material, 2017 – 2027 (Thousand Cubic Meters)

TABLE 5.    Europe building materials industry volume by material, 2017 – 2027 (Thousand Cubic Meters)

TABLE 6.    Europe building materials industry revenue by material, 2017 – 2027 (USD Million)

TABLE 7.    Europe building materials industry revenue by material, 2017 – 2027 (USD Million)

TABLE 8.    Europe building materials industry estimates & forecast by application for lumber and wood panel products, 2017 – 2027 (Thousand Cubic Meters)

TABLE 9.    Europe building materials industry estimates & forecast by application for lumber and wood panel products, 2017 – 2027 (Thousand Cubic Meters)

TABLE 10.    Europe building materials market estimates & forecast by application for lumber and wood panel products, 2017 – 2027, (USD Million)

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