Advanced Building Materials Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Advanced Cement and Concrete, Cross-laminated timber, Sealants, Structural insulated panel, Others), By Application (Building Construction, Infrastructure, Others), By End-User (Residential, Commercial, Industrial, Others) and Region Forecast 2020-2031

Advanced Building Materials Market size was valued at US$ 28,000 million in 2024 and  is projected to reach US$ 39,500 million by 2031, growing at a 5.0% CAGR from 2025-2031. The market's growth is primarily driven by increased demand for building and infrastructure development. Roads and railways, tunnels, residential and non-residential building, and mining are all rapidly expanding industries, requiring the creation of new infrastructure. Furthermore, advanced materials including wall cladding, external wall cladding, concrete bricks and blocks, and sealant save building time.  This leads to an increase in demand for advanced building materials and elements, offering a significant potential in emerging markets. Such situations are projected to provide opportunities in the advanced building materials industry.

Key Developments

• In September 2024, Holcim launched the Holcim Sustainable Construction Academy, an open-access online training program focused on low-carbon, circular, and regenerative design concepts. This initiative aims to upskill professionals in the built environment through both online and in-person modules.
• In June 2024, Nuvoco Vistas Corp. Ltd., India’s fifth-largest cement group, unveiled its groundbreaking product, Ecodure Thermal Insulated Concrete, in celebration of World Environment Day. This innovative material offers an eco-friendly solution to combat global warming and rising indoor temperatures by significantly improving energy efficiency in buildings. By enhancing thermal insulation, Ecodure helps reduce cooling costs and supports the creation of more sustainable, comfortable living and working environments. With this launch, Nuvoco Vistas reinforces its commitment to providing advanced, environmentally conscious building materials tailored to modern construction needs.
• In December 2023, Arkema acquires Arc Building Products in Ireland, which specializes in building adhesives and sealants. Arc Building Products, an Irish producer specializing in tile adhesives, floor preparation systems, building chemicals, and sealing and bonding solutions, has established a significant presence in the Irish market by providing first-rate system solutions with a strong emphasis on customer care. It generates approximately €15 million in yearly sales and has a production facility in Arklow, County Wicklow, Ireland.
• In October 2022, Kingspan Group bought CALOSTAT, a high-performance insulating brand, to develop its specialty chemicals business in Germany. Such events increase the demand for superior building materials.

Advanced Building Materials Market Segmentation

Based on the type

• Advanced Cement and Concrete
• Cross-laminated timber
• Sealants
• Structural insulated panel
• Others

The advanced cement and concrete segment clearly leads as the primary driver of growth in the market. Advanced cement and concrete offer exceptional strength, durability, and versatility, making them critical for a wide range of construction applications, from high-rise buildings to large infrastructure projects. Innovations such as self-healing concrete, ultra-high-performance concrete (UHPC), and low-carbon formulations further enhance their appeal by addressing long-term maintenance costs and environmental concerns. As urbanization accelerates and demand rises for resilient, energy-efficient, and sustainable structures, developers increasingly prioritize these advanced materials to meet stricter performance standards and green building certifications. The segment’s proven ability to extend the lifespan of structures while reducing overall lifecycle costs solidifies its position as the dominant force propelling market expansion.

Based on the application

• Building Construction
• Infrastructure
• Others

Among the applications, the building construction segment stands out as the leading driver of growth in the market. Building construction projects, including residential, commercial, and high-rise developments, rely on advanced materials to meet modern performance, safety, and sustainability standards. These materials improve structural integrity, enhance energy efficiency, and offer innovative design flexibility, which are crucial in densely populated urban areas where space optimization and environmental impact are key concerns.

Moreover, the growing demand for green buildings and smart homes further accelerates the adoption of advanced solutions such as high-performance concrete, energy-efficient panels, and intelligent insulation systems. As urbanization continues and stricter regulatory frameworks encourage more sustainable construction practices, the building construction segment solidifies its position as the main contributor driving the market forward, shaping the future of modern architecture and urban development.

Based on the end-user

• Residential
• Commercial
• Industrial
• Others

The commercial segment emerges as the primary driver of growth in the market. Commercial projects, including office complexes, shopping malls, hospitals, hotels, and educational institutions, increasingly demand advanced materials to achieve greater energy efficiency, modern aesthetics, and long-term durability. These buildings often require high-performance insulation, smart facades, and environmentally friendly concrete to comply with strict building codes and green certification standards such as LEED and BREEAM.

Additionally, commercial developers prioritize materials that support faster construction timelines and reduced maintenance costs to maximize return on investment. As cities expand and global business hubs grow, the focus on constructing sophisticated, sustainable, and technologically integrated commercial spaces intensifies. This strong emphasis on quality, performance, and sustainability positions the commercial segment as the dominant force propelling the market, driving continuous innovation and adoption of advanced building materials worldwide.