Europe Building Materials Market Analysis

Europe Building Materials Market Analysis

Lumber accounted for around 80% of the Europe building materials market revenue share in 2020. Lumber or timber is among the primary construction materials with FSC-certified products available that demonstrate excellent rigid structural results. It is widely used due to its two basic components, hardwood and softwood, which serves in making and framing structures of housing roofs and the outer basic structure of buildings. Timber offers a naturally appealing look with mechanical strength and a suitable living environment, which is fueling segment demand.

The European doors and windows materials market valued at USD 20 billion in 2020. These structural elements can be designed in a wide range of customizable options in terms of the design, laminates, and patterns, enhancing the segmental growth.

The rising demand for weather & termite proof and high impact products will boost the industry size. Increasing infrastructural developments are the key factors that will drive the residential window and door market through 2027.
 

The Germany building materials market revenue is set to reach more than USD 24 billion by 2027 owing to government initiatives to encourage consumer spending on housing facilities. German construction companies turned to foreign markets to compensate for the losses incurred during the past decade. Moreover, Germany has offered high-performance wood panel products in Europe and is poised to stimulate the market share at a significant pace led by the growing demand for modern furniture and decorative applications.