Materials

Building Material Prices Surge to Two-Year High, Adding Pressure to the Construction Sector

Building material costs have climbed sharply, hitting their highest levels in nearly two years—signaling growing strain on the construction and housing industries. According to the...

Modular Momentum: Global Prefab & Structural Steel Market to Hit $396 Billion by 2033

According to a recent IMARC Group analysis, the global prefabricated building and structural steel market was valued at USD 248 billion in 2024 and is projected...

Tower Hamlets Joins Innovative Reuse Pilot to Transform Construction Waste

Tower Hamlets Council has joined the ROMULUS (Reuse Of Materials Using Local Unitary Stakeholders) pilot scheme, expanding a sustainable initiative originally launched in the...

Indian Construction Major Enters Retail-Tech Space with Launch of Matelio

In a strategic diversification move, an Indian construction firm has unveiled Matelio, a new retail-tech platform aimed at transforming the way building materials are...

Green Boom: Sustainable Construction Materials Market to Soar from USD 346.8 Billion in 2024 to USD 842.5 Billion in 2034

The global construction sustainable materials market is on track for rapid expansion, nearly doubling from an estimated USD 346.8 billion in 2024 to USD 842.5 billion by 2034,...

Latest Building Materials & Components Statistics Reveal Market Size, Price Trends, and Sustainability Gains

Robust Global Market Size The global building materials market was valued at approximately USD 1.41 trillion in 2025, with projections to reach USD 2 trillion by 2034,...

India Must Decarbonise Construction as USD 70 Billion Green Materials Market Emerges: New Report by Villgro & Habitat for Humanity

India’s construction sector—a key economic driver yet responsible for roughly 25% of the nation’s total emissions—faces an urgent need to decarbonise ahead of a...

NAREDCO President Urges Government to Cap GST on Building Materials at 18% to Boost Affordable Housing

The National Real Estate Development Council (NAREDCO) has called on the Central Government to rationalise the Goods and Services Tax (GST) on building materials,...

Construction Costs in Odisha to Soar as Crucial Material Prices Spike up to Sixfold

Construction costs across Odisha are set to spike, with materials like crushed stone, metal chips, and crusher dust projected to become five to six...

New AI Method Maps Façade Materials & Colors to Aid Urban Conservation

A study published July 30, 2025 in npj Heritage Science introduces a breakthrough in automated façade mapping that promises to transform urban conservation efforts. Building...

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