When we talk about construction materials or building materials we are referring to materials used in the construction of buildings or structures. Included in this definition are concrete and cement, aggregates, iron and steel, insulation materials,construction chemicals, HVAC (heating, ventilation and air conditioning) supplies, timber products and interior fixtures and fittings.
The US Bureau of Labour statistics which produces the PPI (producer price index) of goods has shown an increase in the price of construction materials for 2013 of 1.3%. The highest increase in prices has been for gypsum products, lumber and plywood and insulation materials. Concrete products and construction machinery and equipment also showed price increases.
UK government statistics on building materials have shown an annual increase of 1.1% in the price of construction materials. Deliveries of bricks rose by 51.2% year on year to December 2013 and deliveries of blocks rose by 7%.
In the UK, imported sawn or planed wood (up 6.2%), particle board (up 4.8%) and rigid pipes and fittings (up 4.0%) experienced the largest price increases of all building materials in the twelve months to December 2013.
Research and Markets provide market research reports which examine leading companies in this sector, market trends and market forecasts. Use our reports to help identify the market size, key growth areas, new markets and future trends in the construction materials global marketplace.
US Construction Materials Outlook
Bureau of Labour Statistics (PPI)