Top 10 Largest Building Materials Companies in the World 2020 - BizVibe
largest building materials companies

The world’s top 10 largest building materials companies are some of the major contributors to the booming construction industry around the world. The growing global construction and building materials industry is mainly driven by the rising demand in housing, commercial building and infrastructures across many emerging markets including China, India, Brazil, Thailand, Mexico, Saudi Arabia and Nigeria. As the steady growth of the global construction industry continues in 2020, the world’s top 10 largest building materials companies are also forecast to further increase their sales and revenues over the next few years.

This industry fact sheet is to assist industry professionals, investors, and people in general that are interested in gaining insights into the global building materials industry including:

  • What is the global building materials market size?
  • What are the driving factors for the global building materials industry growth?
  • Who is the largest building materials manufacturer in the world?
  • Who are the top 10 largest building materials companies?
  • What are the building materials industry trends for future?

Bizvibe’s smart B2B marketplace solution helps buyers and suppliers in the global building materials industry to find and connect with each other, shorten sourcing and purchasing cycles, and maximise profit growth. Join today to see how BizVibe can help your business grow!

Global Building Materials Industry Overview

The global construction industry output is expected to reach $15.5 trillion worldwide by 2030, with three countries, China, US and India, leading the way and accounting for 57% of all global growth. Materials such as cement, sand and gravel, clay, concrete, and marble are widely used in this industry, known as construction and building materials industry. The rapid growth of the global construction industry is the major catalyst to drive the growth of the global construction and building materials industry. According to the recent market report listed on Research and Market, the global construction and building materials market is forecast to grow by US$476.1 billion by 2025, with a strong CAGR of nearly 5% during the forecast period. The construction aggregates, one of the largest segments in the global construction materials market, is forecast to grow at over 4.9% and reach a market size of US$547.2 billion by the end of 2025.

Global construction and building materials market by key regions:

  • The construction materials market in the United States is forecast to grow with a CAGR of 4.5% over the next five years.
  • The construction and building material market in Germany, the largest one in Europe, will grow by US$14.4 billion over the next 7 to 8 years.
  • Rest of European markets will see US$14.3 Billion worth of projected demand in the region’s building materials market.
  • In Japan, the construction aggregates segment will reach a market size of $26.7 billion by 2025.
  • China, currently the largest building material market in the world, is projected to grow by $125.5 billion in the country’s construction and building material market over the next five years
  • Asia Pacific will be the major revenue contributor to the global market over the next few years, mainly attributed to the increasing construction activities for both commercial and residential buildings.

Some of the major factors that are driving the growth of the global building materials industry include the growing world economy coupled with increasing construction projects for housing, commercial buildings and the infrastructures around the world. Rapid urbanization across many emerging countries such as China, India, Japan, and Brazils etc also adds significant demand for construction and building materials over the recent years.

Top 10 Largest Building Materials Companies in the World 2020

Saint Gobain

Saint Gobain is the largest building materials company in the world. Headquartered in Paris, France, Saint Gobain designs, manufactures and supplies materials and solutions for constructions of building, transportation, infrastructure and various of industrial applications. Saint-Gobain operates through several leading constructions and building materials brands, including Saint-Gobain Glass, Saint-Gobain Performance Plastics, Weber, British Gypsum, Glassolutions, Gyproc, Artex, Isover, CTD, Jewson, Ecophon, Pasquill and PAM. In 2019, Saint Gobain generated the total sales of $49.3 billion.

LafargeHolcim

LafargeHolcim is a world’s leading building materials manufacturer and construction solutions provider based in Jona, Switzerland. LafargeHolcim operates through four major business segments: Cement, Aggregates, Ready-Mix Concrete and Solutions & Products. LafargeHolcim employs over 70,000 employees in over 70 countries and has a portfolio that is equally balanced between developing and mature markets.

CEMEX

Cemex is a Mexican multinational building materials company headquartered in San Pedro, Mexico. The company is specialized in manufacturing and selling cement, ready-mix concrete and aggregates. CEMEX currently operates through 66 cement plants, 2,000 ready-mix-concrete facilities, 400 quarries, 260 distribution centres and 80 marine terminals across over 50 countries around the world, making it one of the top 10 largest building materials companies in the world.

China National Building Material Company

China National Building Material is a Beijing-based public traded company that mainly engages in manufacturing and suppling cement, lightweight building materials, glass fiber and fibre-reinforced plastic products and engineering services. It is one of the world’s largest cement and gypsum board manufacturers. It is also the largest glass fiber producer in Asia. The company’s total assets exceed US$65 billion, its cement production capacity is 521 million tons, the mixed production capacity is 460 million square meters, the gypsum board production capacity is 2.47 billion square meters, the glass fiber production capacity is 2.5 million tons.

Heidelberg Cement

Heidelberg Cement is a one of the world’s largest building materials companies headquartered in Heidelberg, Germany. The company is a well-known as one of the world’s top suppliers for aggregates, cement, and ready-mixed concrete. Today, HeidelbergCement has around 55,000 employees work at more than 3,000 production sites in more than 50 countries on five continents.

Knauf

Knauf Gips KG is a world’s leading building materials company based in Iphofen, Germany. Its key products include construction materials for drywall construction, plasterboard, cement boards, mineral fibre acoustic boards, dry mortars with gypsum for internal plaster and cement-based external plaster and insulating materials, glass wool, stone wool and other insulation materials. The company employs more than 26,500 people across the world.

BaoWu

China Baowu Steel Group Corp., Ltd., also known as Baowu, is one of the largest iron and steel manufacturing companies headquartered in Shanghai, China. It is one of the world’s largest construction and building materials companies with key offerings being steel, flat steel products, long steel products, wire products, plates. It is also a world’s leading provider of carbon steel, special steel and stainless-steel premium products for the global construction and building industry.

ArcelorMittal

ArcelorMittal is another world’s leading steel manufacturing corporation headquartered in Luxembourg City. ArcelorMittal generates annual revenues of $56.8 billion and crude steel production of over 90 million tonnes per year. It is a leading supplier of quality steel in the global construction industry. Its key building materials products include long and flat-rolled steel, automotive steel, tubular products, high-strength steel for the construction and building purposes.

USG

USG Corporation is one of the world’s leading building materials companies based in Chicago, the US. It is a world’s leading supplier of drywall and joint compound. The company is also the largest supplier of wallboard in the US and the largest manufacturer of gypsum products in North America. Its key construction and building materials products include walls, ceilings, floors, sheathing and roofing products.

CSR

CSR Limited is an Australian building materials company that specialized in producing plasterboard, bricks, insulation, and aluminium products. The company also produces fibre cement sheeting, aerated concrete products, bricks, and glass. CSR operates through several leading building products brands in Australia and New Zealand, such as AFS, Bradford, Himmel, CEMINTEL, GYPROCK, hebel etc. It is one of the top 10 largest building materials companies in the world as of 2020.

Global Building Materials Market Trends for Future

The increasing adoption of new technologies and materials has become one of the major construction materials market trends over the recent years. More and more world’s largest building materials companies have started to offer new materials and prefabricated modular building blocks technique to the construction industries around the world. Some of these technologically advanced building materials such as durable concrete, high-performance concrete, mineral admixtures, condensed silica fume, high-volume fly ash concrete are becoming increasingly popular. These new materials are expected to further enhance the products performance and cost-effectiveness, thus facilitate the growth of the construction materials industry in the near future.

Read more:

Top 10 Largest Construction Companies in the World
Top 10 Construction Companies in Singapore
Top 10 Construction Companies in Dubai

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