Advanced Building Materials Market Forecasts to 2032 – Global Analysis By Material (Advanced Cement and Concrete, Cross-Laminated Timber (CLT), Structural Insulated Panels (SIPs), Smart Glass and Coatings, Phase Change Materials (PCMs) and Other Materials
Description
According to Stratistics MRC, the Global Advanced Building Materials Market is accounted for $325.2 billion in 2025 and is expected to reach $483.9 billion by 2032 growing at a CAGR of 5.84% during the forecast period. Advanced building materials refer to innovative construction substances engineered to improve performance, sustainability, and efficiency compared to traditional materials. These include composites, smart materials, nanomaterials, high-performance concrete, self-healing substances, and energy-efficient insulation. Designed to address modern architectural challenges, they enhance durability, strength, thermal regulation, and resistance to environmental stresses. Many advanced materials integrate eco-friendly features, promoting reduced carbon emissions and sustainable construction practices. Their adaptability supports smart buildings, energy conservation, and resilient infrastructure. By merging technology with functionality, advanced building materials enable cost-effectiveness, long life cycles, and enhanced safety, meeting the evolving needs of urbanization and green construction trends.
Market Dynamics:
Driver:
Growing demand for sustainable construction
Builders and developers are increasingly prioritizing eco-friendly and energy-efficient materials. This trend encourages innovation in materials with low carbon footprints and high durability. Governments and regulatory bodies are promoting green building certifications, further boosting demand. Sustainable materials help reduce operational costs and environmental impact, attracting more investment. Overall, the shift toward greener construction practices propels market growth and adoption of advanced building solutions.
Restraint:
Complex manufacturing processes
Manufacturing complex advanced building materials demands specialized equipment and skilled labour, which reduces the number of capable producers. Lengthy production schedules can postpone project timelines and decrease market agility. Significant energy usage and material waste during fabrication contribute to environmental challenges. Smaller firms often face difficulties competing because of technical and financial constraints. The intricate nature of production limits overall market expansion and slows the adoption of innovative materials.
Opportunity:
Rising consumer awareness
Growing consumer knowledge of sustainability and energy efficiency boosts demand for durable, eco-friendly building materials. Recognition of long-term cost benefits encourages investment in high-performance construction solutions. Online platforms and social media spread awareness of innovative materials and modern building techniques. Greater understanding of environmental impact shifts preferences toward low-carbon-footprint products. Manufacturers respond by developing advanced, consumer-oriented materials. Overall, heightened awareness drives market growth and fosters innovation in the building sector.
Threat:
Low awareness in developing regions
Builders and consumers often stick to traditional materials due to familiarity and perceived lower costs. Lack of knowledge about energy efficiency, durability, and sustainability reduces demand for innovative solutions. Educational gaps prevent proper adoption of modern construction technologies. This slows market penetration and discourages manufacturers from expanding in these regions. Consequently, overall growth of the advanced building materials market remains hindered.
Covid-19 Impact
The Covid-19 pandemic significantly disrupted the Advanced Building Materials Market by causing supply chain interruptions, raw material shortages, and delays in construction activities. Restrictions on manufacturing and transportation slowed production, impacting timely delivery of projects. Reduced demand in commercial and residential construction further restrained growth during the crisis. However, the pandemic also accelerated interest in sustainable and innovative materials as industries sought cost-effective and resilient solutions. Post-pandemic recovery initiatives and infrastructure investments are expected to strengthen demand for advanced building materials globally.
The advanced cement and concrete segment is expected to be the largest during the forecast period
The advanced cement and concrete segment is expected to account for the largest market share during the forecast period by offering higher strength and durability for modern construction. Innovative formulations improve resistance to environmental stresses, reducing maintenance costs. Rapid urbanization and infrastructure development increase demand for high-performance materials. Sustainable and eco-friendly variants attract environmentally conscious builders. Overall, these innovations enhance construction efficiency, quality, and long-term value, propelling market growth.
The thermal insulation segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the thermal insulation segment is predicted to witness the highest growth rate, due to improved energy efficiency in buildings, reducing heating and cooling costs. High-performance insulation materials enhance indoor comfort and sustainability, attracting environmentally conscious consumers. Increasing government regulations and green building certifications boost demand for effective thermal solutions. Innovations in lightweight and durable insulation materials expand application across residential and commercial projects. Growing awareness of energy conservation and rising construction activities further propel the segment’s market growth.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share due to demand for energy-efficient constructions. Innovations in lightweight composites, insulation, and fire-resistant materials are prominent. Growing investment in renovation and retrofit projects supports market expansion, along with a shift toward smart homes and resilient infrastructure. Environmental consciousness and focus on reducing carbon footprints drive consumer preference for sustainable materials. The United States and Canada lead adoption, emphasizing high-performance, long-lasting products that align with safety standards, environmental compliance, and advanced construction technologies.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, owing to infrastructure expansion, and government initiatives promoting sustainable construction. Adoption of eco-friendly, energy-efficient materials is rising, fuelled by technological innovations and smart building trends. Key players are investing in research and development to introduce high-performance products suitable for diverse climatic conditions. Emerging construction techniques, growing industrialization, and increasing awareness of environmental impact further propel demand. Countries like China, India, and Japan are leading in adoption, focusing on durability, cost-efficiency, and green building certifications.
Key players in the market
Some of the key players profiled in the Advanced Building Materials Market include Saint-Gobain, BASF SE, 3M Company, DuPont de Nemours, Inc., Owens Corning, , Sika AG, Huntsman Corporation, Covestro AG, USG Corporation, Kingspan Group plc, CRH plc, Nippon Electric Glass Co., Ltd., PPG Industries, Inc., Akzo Nobel N.V., CEMEX S.A.B. de C.V., Georgia-Pacific LLC and Ferro Corporation.
Key Developments:
In May 2025, BASF signed an agreement with Domo to acquire the remaining 49% stake in their French joint venture Alsachimie, located in Chalampé. This move strengthens BASF’s position in the polyamide 6.6 value chain, which is critical for high-performance construction materials like insulation and structural components.
In April 2024, BASF acquired a 49% stake in Vattenfall’s Nordlicht 1 and 2 wind farm projects. While not directly a building material investment, this supports BASF’s sustainability goals and energy sourcing for its advanced materials production.
In March 2024, Saint-Gobain entered two strategic partnerships to accelerate low-carbon cement technologies. Through its venture arm NOVA, it invested in Fortera, a U.S. startup developing CO₂-recycling cement, and partnered with Ecocem, a European leader in low-carbon cement.
Materials Covered:
• Advanced Cement and Concrete
• Cross-Laminated Timber (CLT)
• Structural Insulated Panels (SIPs)
• Smart Glass and Coatings
• Phase Change Materials (PCMs)
• Other Materials
Functionalities Covered:
• Structural
• Thermal Insulation
• Waterproofing
• Fire Resistance
• Other Functionalities
Applications Covered:
• Roofing
• Flooring
• Walls
• Doors and Windows
• Other Applications
End Users Covered:
• Residential
• Commercial
• Industrial
• Infrastructure
• Hospitality & Entertainment
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Market Dynamics:
Driver:
Growing demand for sustainable construction
Builders and developers are increasingly prioritizing eco-friendly and energy-efficient materials. This trend encourages innovation in materials with low carbon footprints and high durability. Governments and regulatory bodies are promoting green building certifications, further boosting demand. Sustainable materials help reduce operational costs and environmental impact, attracting more investment. Overall, the shift toward greener construction practices propels market growth and adoption of advanced building solutions.
Restraint:
Complex manufacturing processes
Manufacturing complex advanced building materials demands specialized equipment and skilled labour, which reduces the number of capable producers. Lengthy production schedules can postpone project timelines and decrease market agility. Significant energy usage and material waste during fabrication contribute to environmental challenges. Smaller firms often face difficulties competing because of technical and financial constraints. The intricate nature of production limits overall market expansion and slows the adoption of innovative materials.
Opportunity:
Rising consumer awareness
Growing consumer knowledge of sustainability and energy efficiency boosts demand for durable, eco-friendly building materials. Recognition of long-term cost benefits encourages investment in high-performance construction solutions. Online platforms and social media spread awareness of innovative materials and modern building techniques. Greater understanding of environmental impact shifts preferences toward low-carbon-footprint products. Manufacturers respond by developing advanced, consumer-oriented materials. Overall, heightened awareness drives market growth and fosters innovation in the building sector.
Threat:
Low awareness in developing regions
Builders and consumers often stick to traditional materials due to familiarity and perceived lower costs. Lack of knowledge about energy efficiency, durability, and sustainability reduces demand for innovative solutions. Educational gaps prevent proper adoption of modern construction technologies. This slows market penetration and discourages manufacturers from expanding in these regions. Consequently, overall growth of the advanced building materials market remains hindered.
Covid-19 Impact
The Covid-19 pandemic significantly disrupted the Advanced Building Materials Market by causing supply chain interruptions, raw material shortages, and delays in construction activities. Restrictions on manufacturing and transportation slowed production, impacting timely delivery of projects. Reduced demand in commercial and residential construction further restrained growth during the crisis. However, the pandemic also accelerated interest in sustainable and innovative materials as industries sought cost-effective and resilient solutions. Post-pandemic recovery initiatives and infrastructure investments are expected to strengthen demand for advanced building materials globally.
The advanced cement and concrete segment is expected to be the largest during the forecast period
The advanced cement and concrete segment is expected to account for the largest market share during the forecast period by offering higher strength and durability for modern construction. Innovative formulations improve resistance to environmental stresses, reducing maintenance costs. Rapid urbanization and infrastructure development increase demand for high-performance materials. Sustainable and eco-friendly variants attract environmentally conscious builders. Overall, these innovations enhance construction efficiency, quality, and long-term value, propelling market growth.
The thermal insulation segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the thermal insulation segment is predicted to witness the highest growth rate, due to improved energy efficiency in buildings, reducing heating and cooling costs. High-performance insulation materials enhance indoor comfort and sustainability, attracting environmentally conscious consumers. Increasing government regulations and green building certifications boost demand for effective thermal solutions. Innovations in lightweight and durable insulation materials expand application across residential and commercial projects. Growing awareness of energy conservation and rising construction activities further propel the segment’s market growth.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share due to demand for energy-efficient constructions. Innovations in lightweight composites, insulation, and fire-resistant materials are prominent. Growing investment in renovation and retrofit projects supports market expansion, along with a shift toward smart homes and resilient infrastructure. Environmental consciousness and focus on reducing carbon footprints drive consumer preference for sustainable materials. The United States and Canada lead adoption, emphasizing high-performance, long-lasting products that align with safety standards, environmental compliance, and advanced construction technologies.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, owing to infrastructure expansion, and government initiatives promoting sustainable construction. Adoption of eco-friendly, energy-efficient materials is rising, fuelled by technological innovations and smart building trends. Key players are investing in research and development to introduce high-performance products suitable for diverse climatic conditions. Emerging construction techniques, growing industrialization, and increasing awareness of environmental impact further propel demand. Countries like China, India, and Japan are leading in adoption, focusing on durability, cost-efficiency, and green building certifications.
Key players in the market
Some of the key players profiled in the Advanced Building Materials Market include Saint-Gobain, BASF SE, 3M Company, DuPont de Nemours, Inc., Owens Corning, , Sika AG, Huntsman Corporation, Covestro AG, USG Corporation, Kingspan Group plc, CRH plc, Nippon Electric Glass Co., Ltd., PPG Industries, Inc., Akzo Nobel N.V., CEMEX S.A.B. de C.V., Georgia-Pacific LLC and Ferro Corporation.
Key Developments:
In May 2025, BASF signed an agreement with Domo to acquire the remaining 49% stake in their French joint venture Alsachimie, located in Chalampé. This move strengthens BASF’s position in the polyamide 6.6 value chain, which is critical for high-performance construction materials like insulation and structural components.
In April 2024, BASF acquired a 49% stake in Vattenfall’s Nordlicht 1 and 2 wind farm projects. While not directly a building material investment, this supports BASF’s sustainability goals and energy sourcing for its advanced materials production.
In March 2024, Saint-Gobain entered two strategic partnerships to accelerate low-carbon cement technologies. Through its venture arm NOVA, it invested in Fortera, a U.S. startup developing CO₂-recycling cement, and partnered with Ecocem, a European leader in low-carbon cement.
Materials Covered:
• Advanced Cement and Concrete
• Cross-Laminated Timber (CLT)
• Structural Insulated Panels (SIPs)
• Smart Glass and Coatings
• Phase Change Materials (PCMs)
• Other Materials
Functionalities Covered:
• Structural
• Thermal Insulation
• Waterproofing
• Fire Resistance
• Other Functionalities
Applications Covered:
• Roofing
• Flooring
• Walls
• Doors and Windows
• Other Applications
End Users Covered:
• Residential
• Commercial
• Industrial
• Infrastructure
• Hospitality & Entertainment
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Advanced Building Materials Market, By Material
- 5.1 Introduction
- 5.2 Advanced Cement and Concrete
- 5.3 Cross-Laminated Timber (CLT)
- 5.4 Structural Insulated Panels (SIPs)
- 5.5 Smart Glass and Coatings
- 5.5 Phase Change Materials (PCMs)
- 5.7 Other Materials
- 6 Global Advanced Building Materials Market, By Functionality
- 6.1 Introduction
- 6.2 Structural
- 6.3 Thermal Insulation
- 6.4 Waterproofing
- 6.5 Fire Resistance
- 6.6 Other Functionalities
- 7 Global Advanced Building Materials Market, By Application
- 7.1 Introduction
- 7.2 Roofing
- 7.3 Flooring
- 7.4 Walls
- 7.5 Doors and Windows
- 7.6 Other Applications
- 8 Global Advanced Building Materials Market, By End User
- 8.1 Introduction
- 8.2 Residential
- 8.3 Commercial
- 8.4 Industrial
- 8.5 Infrastructure
- 8.6 Hospitality & Entertainment
- 8.7 Other End Users
- 9 Global Advanced Building Materials Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 Saint-Gobain
- 11.2 BASF SE
- 11.3 3M Company
- 11.4 DuPont de Nemours, Inc.
- 11.5 Owens Corning
- 11.6 Sika AG
- 11.7 Huntsman Corporation
- 11.8 Covestro AG
- 11.9 USG Corporation
- 11.10 Kingspan Group plc
- 11.11 CRH plc
- 11.12 Nippon Electric Glass Co., Ltd.
- 11.13 PPG Industries, Inc.
- 11.14 Akzo Nobel N.V.
- 11.15 CEMEX S.A.B. de C.V.
- 11.16 Georgia-Pacific LLC
- 11.17 Ferro Corporation
- List of Tables
- Table 1 Global Advanced Building Materials Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Advanced Building Materials Market Outlook, By Material (2024-2032) ($MN)
- Table 3 Global Advanced Building Materials Market Outlook, By Advanced Cement and Concrete (2024-2032) ($MN)
- Table 4 Global Advanced Building Materials Market Outlook, By Cross-Laminated Timber (CLT) (2024-2032) ($MN)
- Table 5 Global Advanced Building Materials Market Outlook, By Structural Insulated Panels (SIPs) (2024-2032) ($MN)
- Table 6 Global Advanced Building Materials Market Outlook, By Smart Glass and Coatings (2024-2032) ($MN)
- Table 7 Global Advanced Building Materials Market Outlook, By Phase Change Materials (PCMs) (2024-2032) ($MN)
- Table 8 Global Advanced Building Materials Market Outlook, By Other Materials (2024-2032) ($MN)
- Table 9 Global Advanced Building Materials Market Outlook, By Functionality (2024-2032) ($MN)
- Table 10 Global Advanced Building Materials Market Outlook, By Structural (2024-2032) ($MN)
- Table 11 Global Advanced Building Materials Market Outlook, By Thermal Insulation (2024-2032) ($MN)
- Table 12 Global Advanced Building Materials Market Outlook, By Waterproofing (2024-2032) ($MN)
- Table 13 Global Advanced Building Materials Market Outlook, By Fire Resistance (2024-2032) ($MN)
- Table 14 Global Advanced Building Materials Market Outlook, By Other Functionalities (2024-2032) ($MN)
- Table 15 Global Advanced Building Materials Market Outlook, By Application (2024-2032) ($MN)
- Table 16 Global Advanced Building Materials Market Outlook, By Roofing (2024-2032) ($MN)
- Table 17 Global Advanced Building Materials Market Outlook, By Flooring (2024-2032) ($MN)
- Table 18 Global Advanced Building Materials Market Outlook, By Walls (2024-2032) ($MN)
- Table 19 Global Advanced Building Materials Market Outlook, By Doors and Windows (2024-2032) ($MN)
- Table 20 Global Advanced Building Materials Market Outlook, By Other Applications (2024-2032) ($MN)
- Table 21 Global Advanced Building Materials Market Outlook, By End User (2024-2032) ($MN)
- Table 22 Global Advanced Building Materials Market Outlook, By Residential (2024-2032) ($MN)
- Table 23 Global Advanced Building Materials Market Outlook, By Commercial (2024-2032) ($MN)
- Table 24 Global Advanced Building Materials Market Outlook, By Industrial (2024-2032) ($MN)
- Table 25 Global Advanced Building Materials Market Outlook, By Infrastructure (2024-2032) ($MN)
- Table 26 Global Advanced Building Materials Market Outlook, By Hospitality & Entertainment (2024-2032) ($MN)
- Table 27 Global Advanced Building Materials Market Outlook, By Other End Users (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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