Materials
Lowe’s Lands $8.8 Billion Blockbuster: Foundation Building Materials Acquisition to Power Its Pro Builder Strategy
In a strategic move unveiled on August 20, 2025, Lowe’s Companies Inc. agreed to acquire Foundation Building Materials (FBM) for approximately $8.8 billion, marking...
Eco Materials Launches First Low-Carbon Cement Plant in Pacific Northwest
Eco Material Technologies has inaugurated its first sustainably-built manufacturing hub in the Pacific Northwest: the Lakeview Plant in southern Oregon. Strategically located adjacent to...
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,...
