No, there is no type of stringbuilder class in PHP, since strings are mutable.
That being said, there are different ways of building a string, depending on what you're doing.
echo, for example, will accept comma-separated tokens for output.
// This...
echo 'one', 'two';
// Is the same as this
echo 'one';
echo 'two';
What this means is that you can output a complex string without actually using concatenation, which would be slower
// This...
echo 'one', 'two';
// Is faster than this...
echo 'one' . 'two';
If you need to capture this output in a variable, you can do that with the output buffering functions.
Also, PHP's array performance is really good. If you want to do something like a comma-separated list of values, just use implode()
$values = array( 'one', 'two', 'three' );
$valueList = implode( ', ', $values );
Lastly, make sure you familiarize yourself with PHP's string type and it's different delimiters, and the implications of each.