Building & Construction Materials Market Size to Cross USD 3.90 Trillion by 2034

According to Towards Chemical and Materials, the global building and construction materials market size is calculated at USD 2.32 trillion in 2025 and is expected to be worth around USD 3.90 trillion by 2034, growing at a compound annual growth rate (CAGR) of 5.95% over the forecast period 2025 to 2034.

Ottawa, Oct. 08, 2025 (GLOBE NEWSWIRE) — The global building and construction materials market size was estimated at USD 2.19 trillion in 2024 and is projected to reach USD 3.90 trillion by 2034, growing at a CAGR of 5.95% from 2025 to 2034. A study published by Towards Chemical and Materials a sister firm of Precedence Research.

The Rising urbanization and infrastructure development worldwide is driving increased demand for construction materials, fueling market growth.