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Summary and extracts
1 Market Overview
1.1 Definition and scope of the study
The building materials market refers to the market in which products for structural construction work (cement, concrete, sand, brick, wood or glass panels, etc.) and products for finishing work (insulation, glass wool, mortar, clay tiles, ceilings, etc.) are traded. In the course of the study, we will focus on and distinguish the following product families:
- Raw wood;
- Products of primary and secondary wood processing;
- Building materials (cement, sand, gravel, gypsum, etc.).
However, in reality, the materials that are used in construction are virtually endless, with many innovations and new trends, as well as new construction standards being put in place to address climate hazards and natural disasters.
Globally, the market is growing, and is expected to have a CAGR (compound annual growth rate) of 5.6 percent between 2020 and 2027 according to experts. In fact, Italian companies operating abroad are experiencing significant revenue growth in recent years.
The Italian construction market is also growing at a rate of 2.3 percent between 2018 and 2019 for example. However, this growth has slowed in 2020 due to the health crisis caused by the coronavirus.
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the building materials market | Italy
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