United States Construction Materials Market Share and Forecast Report, 2032

NEW YORK - EntSun -- According to the latest market research study published by P&S Intelligence, the U.S. construction materials market is set to experience robust expansion, with its value projected to rise from USD 145.0 billion in 2024 to USD 196.1 billion by 2032, registering a CAGR of 4.0% between 2025 and 2032. This significant growth trajectory is driven by rapid infrastructure development, a thriving housing sector, and considerable government investment in modernization efforts.

Major federal policies, notably the Infrastructure Investment and Jobs Act (IIJA), are infusing unprecedented funding into national infrastructure, with USD 1.2 trillion earmarked over five years.

A marked industry trend is the growing demand for sustainable building solutions. With the U.S. Green Building Council reporting higher rental and sales values for LEED-certified buildings, the shift toward green construction is not only environmentally significant but also economically rewarding.

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Key Insights

• Concrete dominates the U.S. construction materials market with a 30% revenue share in 2024 and is the fastest-growing category, expected to grow at a 5.3% CAGR. Its versatility and affordability make it indispensable for everything from foundations to large-scale infrastructure.
• Residential construction holds the largest and fastest-growing share of applications, accounting for 45% of the market in 2024 and projected to expand at a 4.8% CAGR. This growth is bolstered by urbanization, favorable mortgage rates, and rising demand for green housing.
• The South leads in regional growth, representing 40% of the market in 2024 and poised for a 5.2% CAGR. With nearly 133 million residents and extensive infrastructure investments, it is the largest and fastest-growing U.S. region.
• The Infrastructure Investment and Jobs Act (IIJA) and projects like the USD 16-billion Gateway rail program and USD 3.6-billion Brent Spence Bridge Corridor are catalyzing demand for construction inputs across transportation, energy, and water sectors.

Browse detailed report analysis on "U.S. Construction Materials Market Growth and Forecast Report, 2032 (https://www.psmarketresearch.com/market-analysis/us-construction-materials-market-report)"

• The shift toward modular housing and smart infrastructure is prompting investment in sustainable materials and advanced technologies, including insulated glazing units (IGUs) and Low-E glass, which help reduce energy usage by up to 50%.
• Market fragmentation is driven by regional competition, localized production, and high transport costs for bulky materials. This allows small and medium players to compete with industry giants like CRH plc, Vulcan Materials, and Martin Marietta.
• Strategic acquisitions are shaping the competitive landscape, with major moves such as James Hardie's USD 8.75-billion acquisition of AZEK and Quikrete's USD 11.5-billion purchase of Summit Materials bolstering product portfolios and regional presence.

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