12th September 2019 – Global Building
& Construction Sheets Market is projected to reach USD 195.15
billion by 2025 owing to the increase in spending power of consumers in
construction industries across the globe. Building and construction sheets are
the widely used construction materialswith different type of industry
applications like construction, mining, catering, farming, manufacturing,
hospitality, aviation, shipping, transport and medical. Apart from industry
applications, building and construction sheets are also used for domestic
purposes like; for any home appliance, metal surround on a kitchen benchtop, and
an interior design feature.
The growing infrastructural developments
worldwide and the increasing awareness among consumers are the major drivers
for the growth of the market. Especially, the emerging nations from Asia
Pacific fuel the building & construction sheets industry in the coming
years. Increase in demand for the building and construction sheets is
anticipated to grow considerably due to the rising penetration of metal and
polymersheets in building applications.
The use of polymer and metal sheets in
sound & waterproofing, roofing, heating, ventilating and air conditioning
(HVAC) are predicted to increase the demand for sheets in near future. The
increasing population along with speedy growth of urbanization &
industrialization in emerging economies is forcing the government to accelerate
investment in the building & construction sheets market. The accelerated
investment will further satisfy infrastructural rising needs and ultimately
boost the market. Besides, the market is projected to experience significant
growth owing in construction industries due to rising disposable income in
developing countries.
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Building & Construction Sheets
industry is categorized on the basis of product type, application, function,
distribution channel, end-use and geography. On the basis of product type, the
market can be divided into rubber, polymer, bitumen, and metal. Polymer is
expected to hold larger share of building & construction sheets market
owing to its mechanical characteristics like tensile strength, high corrosion
resistance, durability, and low thermal connectivity.
In the terms of application, the market
can be segmented as flooring, walls &ceiling, windows, doors, roofing,
building envelop, electrical, HVAC (heating, ventilating and air conditioning)
and plumbing. Roofing is projected to dominate building & construction
sheets industry due to increase in demand for residential construction in both
developed and developing economies. HVAC is also predicted to grow due to
growing demand from consumers for climate-controlled environment.
On the basis of function, building &
construction sheets market can be divided into sheltering, bonding, insulation,
glazing and sound and water proofing. In terms of distribution channel, the
market can be divided into direct and third party. Third party channel is
estimated to dominate building & construction sheets industry owing to the
increase in demand for small quantities of decoration, roofing and decorative
flooring via third party channel. On the basis of end-use, building and
construction sheets market is divided into commercial, residential and
industrial.
Geographically, the building and
construction sheets market can be segmented as Central and South America, North
America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific is
predicted to dominate building and construction sheets market due to the
growing construction industry.
The prominent market players profiled
here comprise Paul Bauder GmbH & Co. KG, GAF Materials Corporation, Atlas
Roofing Corporation, CertainTeed Corporation, Owens Corning Corp., Etex,
Fletcher Building Limited, North American Roofing Services Inc., IcopalApS and
EURAMAX.
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