Market Overview:
The global core building materials market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for lightweight and energy-efficient construction materials across the globe. In terms of type, the PU foam segment is projected to witness highest growth during the forecast period owing to its superior properties such as thermal insulation, acoustic insulation, and fire resistance. In terms of application, the roofing segment is projected to witness highest growth during the forecast period owing to increasing demand for roofing systems that offer better thermal insulation and acoustic performance. Regionally, North America dominates the global core building materials market followed by Europe and Asia Pacific.
Product Definition:
A core building material is a material that is used to form the central structural elements of a building or other large structure. These materials are typically strong and durable, and can be used to create beams, columns, and other supporting elements. Core building materials are often used in conjunction with other construction materials such as metal or concrete, and can be adapted to fit a wide variety of applications.
Balsa:
Balsa is a tropical hardwood tree, native to the South American and Caribbean region. The balsa wood has been used for making musical instruments such as guitars and mandolins owing to its superior tonal qualities. Balsas are also used in the construction of houses due to their high durability, low maintenance & repair cost, resistance towards insects & fungus and easy availability at affordable prices.
The global balsa core building materials market size was valued at USD 573.
PVC Foam:
PVC foam is a closed-cellular polyurethane foam. It has high thermal resistance, sound absorption, and low density. PVC foams are used in various end-use industries including building & construction, automotive industry and marine among others owing to its properties such as lightweight, durability & strength along with ease of fabrication and recyclability.
Application Insights:
Dome application dominated the global core building materials market in 2017, accounting for over 45.0% share of the overall volume. The growing construction industry in emerging economies such as China, India and Brazil is expected to drive demand for core building materials over the forecast period. Dome structures are widely used to cover sports grounds, playgrounds and gardens on account of their durability and lightweight characteristics which enhance energy efficiency.
The facades segment is projected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to increasing consumer disposable income levels coupled with rising awareness regarding environmental protection measures such as green buildings constructed using recycled material has resulted in increased consumption of fiber cement products including cement blocks, slabs & shakes among others across the globe especially in North America and Europe regions since past few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid urbanization, increasing disposable income, and growing construction industry across emerging economies including China, India, Indonesia, Vietnam among others.
China is one of the largest producers as well as consumers of core building materials globally owing to presence of a large number of manufacturers in this country. Rapidly expanding residential sector coupled with government initiatives such as “Housing for All†program by 2022 aims at providing decent housing facilities to all citizens is also likely boost demand for these products over next eight years.
Europe accounted for more than 20% share in global revenue in 2017 on account that it has been experiencing strong economic growth since past few years along with rising population density which has resulted into increased demand for new constructions including residential buildings.
Growth Factors:
- Increasing demand from the construction sector: The global construction industry is expected to grow at a CAGR of 4.5% during the forecast period, owing to the increasing urbanization and infrastructure development across the world. This is expected to result in an increase in demand for core building materials, such as cement, steel, and aluminum.
- Rising disposable income of consumers: The growth of the middle-class population across emerging economies is leading to an increase in their purchasing power. This is resulting in an increase in demand for high-quality housing and commercial buildings, which will drive the growth of the core building materials market during the forecast period.
- Technological advancements: The core building materials market is witnessing rapid technological advancements that are helping manufacturers reduce production costs and improve product quality. These advancements are also helping manufacturers expand their product portfolios with innovative products that cater to specific needs of different end-use segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Core Building Materials Market Research Report
By Type
Balsa, PVC Foam, PET Foam, PU Foam, PMI Foam, Other
By Application
Dome, Bridge, Roof, Canopie, Cladding, Facade, Other
By Companies
Diab, 3A Composite, Gurit, Evonik, CoreLite, Nomaco, Polyumac, Amorim Cork Composites, Armacell, General Plastics, I-Core Composites, Changzhou Tiansheng Composite Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Core Building Materials Market Report Segments:
The global Core Building Materials market is segmented on the basis of:
Types
Balsa, PVC Foam, PET Foam, PU Foam, PMI Foam, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dome, Bridge, Roof, Canopie, Cladding, Facade, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Diab
- 3A Composite
- Gurit
- Evonik
- CoreLite
- Nomaco
- Polyumac
- Amorim Cork Composites
- Armacell
- General Plastics
- I-Core Composites
- Changzhou Tiansheng Composite Materials
Highlights of The Core Building Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Balsa
- PVC Foam
- PET Foam
- PU Foam
- PMI Foam
- Other
- By Application:
- Dome
- Bridge
- Roof
- Canopie
- Cladding
- Facade
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Core Building Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Core building materials are the most important and essential components of a home. These materials include the framing, insulation, roofing, and windows.
Some of the major companies in the core building materials market are Diab, 3A Composite, Gurit, Evonik, CoreLite, Nomaco, Polyumac, Amorim Cork Composites, Armacell, General Plastics, I-Core Composites, Changzhou Tiansheng Composite Materials.
The core building materials market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Core Building Materials Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Core Building Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Core Building Materials Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Core Building Materials Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Core Building Materials Market Size & Forecast, 2018-2028
4.5.1 Core Building Materials Market Size and Y-o-Y Growth
4.5.2 Core Building Materials Market Absolute $ Opportunity
Chapter 5 Global Core Building Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Core Building Materials Market Size Forecast by Type
5.2.1 Balsa
5.2.2 PVC Foam
5.2.3 PET Foam
5.2.4 PU Foam
5.2.5 PMI Foam
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Core Building Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Core Building Materials Market Size Forecast by Applications
6.2.1 Dome
6.2.2 Bridge
6.2.3 Roof
6.2.4 Canopie
6.2.5 Cladding
6.2.6 Facade
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Core Building Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Core Building Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Core Building Materials Analysis and Forecast
9.1 Introduction
9.2 North America Core Building Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Core Building Materials Market Size Forecast by Type
9.6.1 Balsa
9.6.2 PVC Foam
9.6.3 PET Foam
9.6.4 PU Foam
9.6.5 PMI Foam
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Core Building Materials Market Size Forecast by Applications
9.10.1 Dome
9.10.2 Bridge
9.10.3 Roof
9.10.4 Canopie
9.10.5 Cladding
9.10.6 Facade
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Core Building Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Core Building Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Core Building Materials Market Size Forecast by Type
10.6.1 Balsa
10.6.2 PVC Foam
10.6.3 PET Foam
10.6.4 PU Foam
10.6.5 PMI Foam
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Core Building Materials Market Size Forecast by Applications
10.10.1 Dome
10.10.2 Bridge
10.10.3 Roof
10.10.4 Canopie
10.10.5 Cladding
10.10.6 Facade
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Core Building Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Core Building Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Core Building Materials Market Size Forecast by Type
11.6.1 Balsa
11.6.2 PVC Foam
11.6.3 PET Foam
11.6.4 PU Foam
11.6.5 PMI Foam
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Core Building Materials Market Size Forecast by Applications
11.10.1 Dome
11.10.2 Bridge
11.10.3 Roof
11.10.4 Canopie
11.10.5 Cladding
11.10.6 Facade
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Core Building Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Core Building Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Core Building Materials Market Size Forecast by Type
12.6.1 Balsa
12.6.2 PVC Foam
12.6.3 PET Foam
12.6.4 PU Foam
12.6.5 PMI Foam
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Core Building Materials Market Size Forecast by Applications
12.10.1 Dome
12.10.2 Bridge
12.10.3 Roof
12.10.4 Canopie
12.10.5 Cladding
12.10.6 Facade
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Core Building Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Core Building Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Core Building Materials Market Size Forecast by Type
13.6.1 Balsa
13.6.2 PVC Foam
13.6.3 PET Foam
13.6.4 PU Foam
13.6.5 PMI Foam
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Core Building Materials Market Size Forecast by Applications
13.10.1 Dome
13.10.2 Bridge
13.10.3 Roof
13.10.4 Canopie
13.10.5 Cladding
13.10.6 Facade
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Core Building Materials Market: Competitive Dashboard
14.2 Global Core Building Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diab
14.3.2 3A Composite
14.3.3 Gurit
14.3.4 Evonik
14.3.5 CoreLite
14.3.6 Nomaco
14.3.7 Polyumac
14.3.8 Amorim Cork Composites
14.3.9 Armacell
14.3.10 General Plastics
14.3.11 I-Core Composites
14.3.12 Changzhou Tiansheng Composite Materials
