The Global Modular Building Material Market was valued at US$ 102,980 Million in 2025 and is projected to reach US$ 156,160 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024–2034). This robust growth is fueled by the urgent need for faster, more cost-effective, and sustainable construction methods globally, alongside significant advancements in material science and digital fabrication technologies.

As the construction industry accelerates its shift towards off-site manufacturing and sustainable practices, the focus intensifies on the key material suppliers and modular builders driving this transformation. In this blog, we profile the Top 10 Companies in the Modular Building Material Industry—a diverse group of manufacturers, construction giants, and innovative specialists shaping the future of the built environment.

---

🔟 1. ATCO Group

Headquarters: Calgary, Alberta, Canada
Key Offering: Modular buildings, complex workforce accommodations, and permanent modular structures

ATCO Group is a global leader in modular solutions, providing a wide array of structures for residential, commercial, and industrial applications. Their expertise spans from temporary workforce camps to sophisticated, multi-story permanent buildings, leveraging high-quality steel and composite materials for durability and efficiency.

Innovation & Sustainability Initiatives:

• Pioneering digital design and manufacturing for complex modular projects
• Commitment to incorporating recycled steel and sustainable materials
• Development of energy-efficient modular units with integrated smart technologies

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/304282/modular-building-material-market-2026-2034-16

---

9️⃣ 2. Algeco

Headquarters: London, United Kingdom
Key Offering: Modular space solutions for education, healthcare, and commercial sectors

Algeco operates one of the largest fleets of modular buildings worldwide, serving diverse sectors with flexible and scalable solutions. The company focuses on high-quality, relocatable structures that meet stringent building codes and sustainability standards across Europe and other key markets.

Innovation & Sustainability Initiatives:

• Investment in circular economy models for building reuse and material recycling
• Integration of low-carbon materials and energy-saving systems in modules

---

8️⃣ 3. Red Sea International (RSI)

Headquarters: Riyadh, Saudi Arabia
Key Offering: Engineered modular buildings for harsh environments and large-scale projects

Red Sea International is a major player in the Middle East, specializing in modular construction for the oil & gas, mining, and infrastructure sectors. Their buildings are renowned for their robustness, designed to withstand extreme climates while offering rapid deployment.

Innovation & Sustainability Initiatives:

• Focus on developing fire-resistant and thermally efficient modular materials
• Expansion into green building certifications for modular projects

---

7️⃣ 4. Skanska

Headquarters: Stockholm, Sweden
Key Offering: Commercial and public sector modular construction, Volumetric Modular solutions

Skanska, a global construction and development giant, is a strong advocate for industrialized construction. Their modular division focuses on volumetric modules for sectors like healthcare and education, prioritizing quality, speed, and reduced on-site waste.

Innovation & Sustainability Initiatives:

• Heavy investment in fossil-free steel and low-carbon concrete for modules
• Pilot projects for net-zero carbon modular buildings

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/304282/modular-building-material-market-2026-2034-16

---

6️⃣ 5. Guerdon Enterprises

Headquarters: Boise, Idaho, USA
Key Offering: Prefabricated building systems, multi-family residential modules

Guerdon Enterprises is a leading manufacturer of large-scale volumetric modular buildings in North America, particularly for the multi-family housing and hospitality sectors. They utilize advanced factory production lines to ensure precision and consistency in their steel-framed modules.

Innovation & Sustainability Initiatives:

• Advanced BIM (Building Information Modeling) integration for design accuracy
• Use of sustainable interior finishes and high-efficiency building envelopes

---

5️⃣ 6. Champion Homes

Headquarters: Troy, Michigan, USA
Key Offering: Factory-built housing, modular homes, and commercial structures

As one of the largest modular and manufactured home builders, Champion Homes offers a wide range of affordable housing solutions. Their extensive network of factories across the U.S. produces wood-framed and steel-framed homes with custom design options.

Innovation & Sustainability Initiatives:

• Development of energy-star rated modular homes
• Implementation of waste-reduction practices in factory production

---

4️⃣ 7. Clayton Homes

Headquarters: Maryville, Tennessee, USA
Key Offering: Manufactured and modular homes, site-built elements

A subsidiary of Berkshire Hathaway, Clayton Homes is a powerhouse in the off-site built housing market. They combine traditional building materials with modern factory techniques to deliver quality, affordable single-family and multi-family homes across the United States.

Innovation & Sustainability Initiatives:

• Focus on durable, low-maintenance siding and roofing materials
• Initiatives to improve indoor air quality and energy efficiency in home designs

---

3️⃣ 8. Laing O’Rourke

Headquarters: Dartford, United Kingdom
Key Offering: Design for Manufacture and Assembly (DfMA), precast concrete and steel modules

Laing O’Rourke is a leading international engineering enterprise with a strong focus on modern methods of construction (MMC). Their Explore Manufacturing plant is one of Europe’s most advanced facilities for producing precast concrete and steel modules for major infrastructure projects.

Innovation & Sustainability Initiatives:

• Leadership in using low-carbon concrete formulations
• Digital twin technology for module fabrication and project management

---

2️⃣ 9. NRB Inc.

Headquarters: Grimsby, Ontario, Canada
Key Offering: Permanent modular construction for healthcare, education, and multi-residential

NRB Inc. is a top Canadian specialist in permanent modular construction, delivering turnkey solutions for complex projects. They excel in producing high-quality, steel-framed modules that meet the stringent requirements of institutional and commercial clients.

Innovation & Sustainability Initiatives:

• Development of highly insulated building panels for extreme climates
• Commitment to achieving high environmental performance standards (LEED, etc.)

---

1️⃣ 10. Bouygues Construction

Headquarters: Paris, France
Key Offering: Modular construction services, innovative building materials via subsidiary Algeco

While Algeco handles its modular space division, Bouygues Construction drives innovation in modular techniques for large-scale civil engineering and building projects. They are at the forefront of integrating new, sustainable materials into their off-site construction processes.

Innovation & Sustainability Initiatives:

• R&D into bio-sourced and recycled content building materials
• Large-scale deployment of modular solutions for sustainable urban development

Get Full Report Here: https://www.24chemicalresearch.com/reports/304282/modular-building-material-market-2026-2034-16

---

🏗️ Outlook: The Future of Construction Is Modular and Sustainable

The modular building material market is undergoing a fundamental transformation. While traditional construction still dominates, the industry is rapidly embracing off-site manufacturing, digitalization, and sustainable material innovation to meet the demands for speed, affordability, and environmental responsibility.

📈 Key Trends Shaping the Market:

• Accelerated adoption of volumetric modular construction for multi-story residential and commercial buildings
• Stringent government regulations and incentives promoting sustainable and resilient construction
• Rise of smart modular buildings with integrated IoT and building management systems
• Growing investments in advanced materials like cross-laminated timber (CLT) and fiber-reinforced polymers

Get Full Report Here: https://www.24chemicalresearch.com/reports/304282/modular-building-material-market-2026-2034-16

The companies listed above are not only supplying the materials for modern construction—they are fundamentally redesigning the process of building itself for a faster, smarter, and greener future.