Glenigan has announced the launch of Building Materials Forecast, a new subscription service that forecasts future demand for construction products and materials across the UK
The Building Materials Forecast combines construction activity, building stock, replacement cycles and renovation demand to give manufacturers and suppliers a forward-looking view of UK market demand.
Unlike forecasts based primarily on new construction activity, combining project intelligence with existing building stock gives them a more complete view of where demand is expected to grow, when it will emerge, and which products will benefit.
A forecasting methodology developed over more than 30 years
The service brings together Glenigan’s UK construction intelligence with a forecasting methodology developed and applied across European construction markets for more than 30 years.
Drawing on official statistics, market research, NBS specification data and Glenigan product intelligence, Building Materials Forecast translates construction and building stock activity into product-level demand forecasts across sectors and regions.
Understanding the full picture of future demand
Christian Mjønes, vice president, construction market intelligence at Hubexo, explained: “Knowing what will be built is only part of the picture. To understand future demand for building materials, you also need to understand what is already built, when products need replacing, and how renovation activity is developing.
“Building Materials Forecast brings those dimensions together. It turns construction and building-stock data into a forward-looking view of product demand helping businesses anticipate where demand is moving, identify opportunities earlier and make better commercial decisions.”
Building Materials Forecast is available to subscribe to now.
