Title: Europe building materials market share by applications and regions for 2018- 2024
1Europe building materials market trends research
and projections for 2018- 2024
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2- Global Market Scenario of Construction Industry
- Flooring application is expected to witness over
5.5 growth up to 2024. Europe Building Materials
Market size is estimated to exceed USD 125
billion by 2024. Timber or wooden floors capture
the attention of visitors owing to their
lucrative natural appearance, fueling product
applications. - Wooden floorings are manufactured in various
styles, colors, shades, and cuts using various
species of timber and high-quality lacquer
coating finishing products. The specific types
of wood including softwood flooring and hardwood
flooring in the portfolio are boosting the
industry growth. - Increasing government expenditure on
infrastructure development coupled with surging
demand for affordable houses are the key factors
boosting Europe building materials market growth.
Rapid urbanization and increasing migrant
population in the region have led to the
construction of new residential structures.
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- Growing inclination towards remodeling
renovation, premium interiors, along with rising
disposable income are projected to stimulate the
regional industry growth. - Effective insulation, enhanced material safety,
protection against climatic change, and improved
health, safety benefits are fueling the demand
for eco-friendly building materials demand in
Europe. - Rapid population growth across several nations in
Europe has enhanced the demand for the
development renovations of existing buildings. - Rising consumer inclination toward applications
such as vanity, modular kitchens, and laundry
rooms will further fuel the Europe building
materials market growth. Eco-friendly materials
have been the primary preference of consumers
owing to the long durability, stimulating market
expansion
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5- Europe building materials market share is
non-consolidated and highly competitive. Presence
of numerous industry players having an existence
across the value chain increased the business
competition. BASF, Saint Gobain, and James
Burrell are among the key identified players.
Other key companies are Siniat, Gyproc Iberica,
Fassa Srl, Danzer, UPM Plywood, Puumerkki, PCI
Augsburg, Murdock Builders Merchants, Kastamonu,
and Bituline Industries S.A.
- The major manufacturers of lumber in Europe are
Stora Enso, Ilim Timber, Pfeifer Holz, Sodra
Timber, Binderholz Klenk Holz, SCA Timber and
BSW Timber. Stora Enso is the largest softwood
lumber producer among them in terms of softwood
production and have 19 dedicated sawmills across
Europe.
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