United Nation estimates world’s population to reach over 9 billion by 2050. Increasing population increases consumption of natural resources. Building & construction are amongst the leading resource intensive sectors in the world today. Performance of infrastructure sector is often used to measure, performance of a nation’s economy. Building & construction sector directly or indirectly impacts environment and society. Since 1997, regulators and policy makers across the globe have been stressing on use of high performance advanced materials in building & construction that are not only economical but also sustainable. Regulatory institutions have laid down targets for sustainable building and construction for example EU parliament’s Energy Efficiency Directives for 2030. Through policies, public administrations are trying to impart new advanced materials such as non-ferrous metals, glass, advanced ceramics, high performance sustainable concrete, non-ferrous metals etc. At OBRC, our analysts are constantly monitoring developments in new policies and regulations from competent authorities of the leading countries within infrastructure sector. Our regulatory framework in reports offers insight on new policies that would impact market environment for the forecasted period. Focus on advanced materials in building & constructions are mainly in areas of ceramics, insulation, binders, polymers, steel etc. Some of the trends include development of high performance concrete, sprayed concrete, vacuum thermal insulations, graphene mixed ultra-high performance concrete, condensed silica fumes, translucent concrete and so on.
Factors such as smart city development, population with high disposable income, expanding urban environment are driving investments in construction industry across the globe. In real terms the global building & construction industry according to OBRC analysis is projected to grow at an average 3.2% per annum till 2025, and its valuation is bound to reach over $6trillion during the same period. At OBRC our reports on advanced materials within building & construction industry is focused on products and services. Segmentation within reports is determined after consultation with experts within the industry. The market valuation for each of the niche advanced materials within construction industry is calculated via primary and secondary research. For primary research, our analysts consult industry experts, certified trade & industry association members and researchers. Secondary research data are gathered from company reports, online publications & articles. The estimated values of the market are verified through primary research. Our reports offer company profiling on top performing market players advanced materials within building & construction industry. For each company we provide strategic initiatives, SWOT analysis, research & innovations and product portfolios. Regionally our reports cover industrial applications, investments, product demand, top product and leading players within each region (& countries within it).
OBRC analysis anticipates global construction industry to grow at CAGR 2.8% for the forecasted period 2016-2023. Asia Pacific accounted for the largest share of global construction industry, driven by emerging economies like India & China and ASEAN countries like Philippines, Malaysia and Indonesia. Followed by Asia Pacific performance wise, Middle East and Africa offer lucrative investment opportunity in construction sector. New regulatory reforms, expanding urban population, and steady economic growth would drive construction industry in Middle East & North Africa for the forecasted period. Germany, UK, Austria, Poland etc are offer lucrative markets for construction industry in Europe. The construction industry in Europe is expected to be driven by increasing consumer confidence, increasing influx of immigrants, and regulatory reforms with respect to sustainable low carbon structures. In North America, positive economic vibes will drive construction industry in residential sector. Although, renovation will be given major emphasis rather than new projects.
Recent reports on advanced materials market in building & construction sector include, global plastic decking market, global heavy construction market, global waterproofing membranes market, global fibre reinforced concrete market, global building thermal insulation market and so on. OBRC analysts are constantly updating and researching niche market for advanced materials for building & construction sector. Some of the recent reports on advanced materials market in building & construction sector include, global advanced glazing materials market, global advanced ceramics market, global transparent ceramics market, global green building materials market, global high-performance insulation materials market and so on.