S&P Global – Building Materials Industry Credit Outlook, Jan 2025

The report by S&P Global "Building Materials Industry Credit Outlook" explores the credit quality and market dynamics for 2025. Despite challenging market conditions, the building materials sector's credit quality is expected to remain stable in 2025. Geopolitical and trade tensions could indirectly impact the sector by affecting business and consumer confidence. M&A activity is anticipated to continue, with large companies expanding in high-growth regions. While volume recovery is gradual, infrastructure construction driven by public funds supports growth. Risks include prolonged business downturns, high costs linked with climate transition, and aggressive financial policies affecting leverage.