Global Green Building Materials
Market Report
2024
Global Green Building Materials market size will be USD 469.15 Billion by 2030. Green Building Materials Industry's Compound Annual Growth Rate will be 8.0% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Green Building Materials market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Green Building Materials Market Sales Revenue 2030 | $ 469.15 Billion |
Global Green Building Materials Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Application |
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Market Split by End User |
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Market Split by Application |
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Market Split by Conclusion | |
List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Green Building Materials industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Green Building Materials Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Green building material is a construction that primarily uses natural materials and renewable resources. These structures look good but also feature design benefits such as thermal efficiency and safety features. Growing government measures to enforce energy and environmentally friendly building requirements are predicted to propel the market. As green buildings have smaller carbon footprints, they mitigate the effects of global warming. These also consume less water and are easier to maintain. Because of the products' numerous financial and environmental benefits, it is projected that growing customer demand will drive the industry.
The utilization of environmentally friendly and sustainable building materials in construction projects is mandated by strict government rules and building codes. The industry has witnessed a notable surge in demand owing to the proliferation of green-certified buildings, as developers have adopted rating systems like LEED, GRIHA, and WELL.
According to the World Green Building Council, around 40% of the world's carbon emissions are due to the construction of buildings and the energy needed to maintain them.
(Source:https://www.rubyhome.com/blog/green-building-stats/).
Additionally, green buildings have a 9% greater asset value. Further, the United States invested over $86 billion in green projects in the year 2021. Also, green buildings can cost 1%-12% more than the similar non-green building project. Whereas green building can reduce 20%-30% of water consumption and around 35% of CO2 emissions.
(Source:https://www.rubyhome.com/blog/green-building-stats/).
Sustainable production or processing methods are also included in green construction materials. It also envisions systems and goods that can resist dampness or stop biological contaminants from growing within structures. It also uses water-saving techniques. A few examples of environmentally friendly building materials are straw bale, slate, cordwood, bamboo, earthen materials, and insulated concrete forms. This was about the overview of the market.
The International Energy Agency estimates that in 2023, energy-related emissions from infrastructure operations amounted to 26% of global emissions and 30% of global final energy consumption. Of these, 18% were indirect emissions from the generation of heat and electricity used in buildings, and 8% were direct emissions in structures.
(Source:https://www.iea.org/energy-system/buildings).
The notion of sustainable construction encompasses and incorporates diverse methodologies throughout the planning, development, and execution phases of construction activities. One important building design concept is the use of environmentally friendly products and materials. Renewable resources make up the majority of green materials. These substances don't harm the environment. Thus, employing these materials will contribute to the decrease of greenhouse gas emissions.
Materials like Wood, straw bales, bamboo rammed earth, wood concrete, grass concrete, recycled plastic, ferrock, mycelium, and straw are examples of green building materials. Using these materials is intended to assist sustain the natural ecological balance by producing energy-efficient structures. Over the course of the projection period, the market is expected to rise at a faster rate due to the increased demand for green buildings.
Green building is the practice of creating buildings and using practices that are resource-efficient and environmentally conscious, starting with site selection and continuing through construction, design, operation, maintenance, disassembly, and conversion. There is a growing need for green building materials as more sustainable resources are utilized to create green structures. Hence, people Shifting towards green building help the market to grow.
Demand for green construction materials is expected to be supported globally by rising fuel prices as well as customer demand for technically advanced cars. Green building materials contribute to a smaller carbon footprint, which lessens the effects of global warming and influences worldwide market trends. Long-term market expansion is expected to be driven by the demand because of its many financial and environmental benefits. Green building materials are expected to be used in the construction industry since they are affordable and may be used to create environmentally and economically sustainable buildings.
High-performance green building goods and rising energy costs are predicted to support the expansion of the global market. In the upcoming years, new product introductions are expected to significantly increase global market revenue. For instance, the UK-based company Lhoist, which produces green goods based on lime, introduced Tradical Hempcrete, a green building material, in the second half of 2020. As an insulating material, the novel product can be used for both new construction and renovation of existing buildings.
(Source:https://www.hempitecture.com/post/hempcrete-an-eco-friendly-building-material/).
Hence, rising environmental degradation leads the market to grow.
It is anticipated that the high cost of green building materials will impede the market's expansion. Middle-income and lower-class countries may find it more difficult to include green building materials in their construction projects due to their high cost. Additionally, the growth of the worldwide market for green building materials is probably going to be constrained by builders' and contractors' ignorance of the advantages of using green building materials, especially in developing nations. Hence, the high cost of the material can hamper the market.
In 2020, the COVID-19 pandemic significantly disrupted the supply chains of building firms and limited the movement of people and goods. Consequences for the worldwide construction industry included labor shortages, lack of workers, logistical difficulties, and uncertainty that resulted in the suspension or termination of construction activity. In a few years, nevertheless, the construction industry stabilized as a result of government measures to normalize economies and the pandemic's diminishing effects. This was about the impact of the pandemic on the green building material market.
• On 10 January 2022, with an annual production capacity of more than 1.2 million cubic meters of sawn timber and a revenue of around 700 million pounds sterling, BSW Timber Ltd. is the largest sawmill group in the United Kingdom as of 2021. By 2022, Binderholz which employs around 5,000 people and has a combined yearly revenue of more than 2.6 billion euros will surpass all other groups in Europe as the leading sawmill and solid wood processing company.
• Lafarge Egypt, a subsidiary of Lafarge Holcim, was the first company to bring Ecolabel cement to Egypt. This new product lowers the carbon impact and satisfies the company's green requirements.
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As leading companies in the market are investing extensively in research and development to extend their product lines, the market for green building materials is expected to grow even more. In addition, among many other notable market changes, market participants are attempting to increase their global presence by introducing new products, signing agreements, purchasing businesses, boosting investments, and collaborating with other organizations. To grow and thrive in a market that is getting more and more competitive, companies in the green building materials sector need to provide their products at a reasonable cost.
Top Companies Market Share in Green Building Materials Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America will dominate the worldwide market. Because of the region's well-established construction industry, there is a significant need for energy- and environmentally-efficient building materials. North America's market is growing due to the presence of many major players in the region and the increasing uptake of green building regulations and standards such as Energy Star and LEED. The market for green building materials in the area is growing as a result of increased public knowledge of the benefits of these materials for the environment and human health, as well as government regulations and laws that encourage their use. Furthermore, the U.S. market in North America held the largest market share, whilst the market in Canada grew at the fastest rate.
The Asia-Pacific region continues to have the fastest-growing market. China, Japan, and India are the primary market contributors for environmentally friendly building materials. The significant infrastructure improvements have resulted in an exceptional growth rate for this industry. Throughout the projected period, Asia Pacific is expected to grow at the quickest rate due to the region's burgeoning residential building sector. The Paris Climate Agreement, in which China and India are dealing with climate change, as well as both countries' expanding infrastructure development, is expected to fuel the region's product demand. Hence, North America will dominate the worldwide market and Asia-Pacific region continues to have the fastest-growing market.
The current report Scope analyzes Green Building Materials Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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According to Cognitive Market Research, the North America Green Building Materials market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period
According to Cognitive Market Research, the Europe Green Building Materials market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period
According to Cognitive Market Research, the Asia-Pacific Green Building Materials market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period
According to Cognitive Market Research, the South America Green Building Materials market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period
According to Cognitive Market Research, the Middle East and Africa Green Building Materials market size was valued at USD xx billion in 2024 and is expected to reach USD xx billion at a CAGR of xx% during the forecast period
Global Green Building Materials Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Green Building Materials Industry growth. Green Building Materials market has been segmented with the help of its Application, End User Application, and others. Green Building Materials market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on application, the Green Building Materials market is segmented into residential, commercial, infrastructure, and industrial segments. The residential sector accounted for the majority of market revenue. The growing usage of sustainable construction methods in the residential sector and growing public awareness of the environmental benefits of green building materials are the two main factors driving this market segment's growth. This market segment is developing because of government programs and policies that support the use of these materials in the residential sector, as well as the growing desire for homes that are environmentally friendly and energy-efficient. Hence, the residential sector accounted for the majority of market revenue.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Green Building Materials Industry. Request a Free Sample PDF!
According to their final application, the roofing, framing, insulation, exterior siding, and interior finishing segments of the green building materials industry are separated. The industry is dominated by the roofing category, which is expected to increase at the fastest rate. The increasing use of green roofing materials, such as solar roofing systems, cool roofs, and green roofs, is the main driver of the market segment's growth. The use of green roofing materials is being encouraged by laws and regulations from the government, and the market is expanding as more people become aware of the advantages green roofing materials have for the environment, including reduced carbon emissions and energy efficiency. All of these are beneficial to the growth of the green building materials industry. Hence, The industry is dominated by the roofing category.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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Based on the Green Building Materials Market study mentioned above, it can be inferred that the global market for embedded hypervisors is anticipated to grow rapidly shortly. The market dynamics, segmentations, status and trends, and major players can all be understood and inferred from the research. It offers information on a range of subjects, including market size, current trends, the competitive environment, and the likelihood of future growth. This makes it possible for the reader to comprehend and obtain trustworthy market and industry data.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Application | Framing, Insulation, Roofing, Exterior Siding, Interior Finishing, Others |
End User | Residential, Commercial, Institutional, Others |
Application | Framing, Insulation, Roofing, Exterior Siding, Interior Finishing, Others |
Conclusion | |
List of Competitors | Holcim, Lafarge company, Kingspan limited, BASF SE, Dupont, Interface Inc., Owens Corning, Bauder Ltd, Redbuilt LLC, Forb International SA, PPG Industries Inc., Sika AG |
This chapter will help you gain GLOBAL Market Analysis of Green Building Materials. Further deep in this chapter, you will be able to review Global Green Building Materials Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
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Chapter 11 Market Split by End User Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
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Chapter 13 Market Split by Conclusion Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Green Building Materials market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Framing have a significant impact on Green Building Materials market? |
What are the key factors affecting the Framing and Insulation of Green Building Materials Market? |
What is the CAGR/Growth Rate of Residential during the forecast period? |
By type, which segment accounted for largest share of the global Green Building Materials Market? |
Which region is expected to dominate the global Green Building Materials Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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