Nov 25 2010
Research and Markets has announced the addition of the "The Future of the Construction Materials Market in US to 2015" report to their offering.
During the review period the US construction materials market recorded a CAGR of 4.98%. The technology utilized for the production of construction materials has improved according to advancements in the market, for example the increased reuse and reprocessing of construction and demolition waste materials, such as timber, steel, and concrete, and improvements to traditional products such as fiber-reinforced concrete and plastic-reinforced wood. As a result of increased focus on the development of environmentally friendly and energy efficient construction materials, innovative building materials such as engineered wood are now widely employed in construction. A current trend in the construction materials market is the increased mechanization and off-site manufacture of components, which reduces waste material, and the inclusion of nanotechnology in the construction materials market has increased the capacity to reuse materials.
The American Recovery and Reinvestment Act (ARRA) has provided a total of US$26.8 billion in stimulus investment for highway and bridge improvements, and a further US$7.5 billion for the upgrade of public transport across the US, and this is expected to stimulate growth in the construction materials market during the forecast period. In addition, state and community programs that aim to increase the energy efficiency of new homes through the employment of green building techniques have also helped to facilitate a significant change in the construction materials market. As a result of factors such as government stimulus expenditure, WMI expects the construction materials market to register a CAGR of 3.48% throughout the duration of the forecast period.
Key Topics Covered:
- Introduction
- Executive Summary
- Construction Industry Analysis
- Construction Materials Market Analysis
- Construction Materials Market: Category Analysis
- Company Profile: Alcoa Inc.
- Company Profile: The Sherwin-Williams Company
- Company Profile: USG Corporation
- Company Profile: The Valspar Corporation
- Company Profile: Steel Dynamics, Inc.
- Appendix
Companies Mentioned:
- Alcoa Inc.
- The Sherwin-Williams Company
- USG Corporation
- The Valspar Corporation
- Steel Dynamics, Inc.