The global demand for Green Building Materials Market is presumed to reach the market size of nearly USD 9.45 MN by 2028 from USD 6.2 MN in 2021 with a CAGR of 8.2% under the study period 2022 - 2028.
Green building materials include those that are non-toxic, promote occupant health, are less expensive, and save energy. Green building materials are used in the construction industry to address various environmental issues like typical climate change, natural resource depletion, air pollution, contamination of freshwater resources, and biodiversity loss. The materials utilized are recyclable, which improves the manufacturing environment and overall quality of life. These materials help conserve nonrenewable resources while also reducing the environmental impact of manufacturing, processing, installation, transportation, disposal, and recycling of construction materials. Green building materials are appropriate for use in the construction of residential and non-residential structures because of their environmentally friendly nature, durability, and energy efficiency.
Market Dynamics
The green building materials industry is driven by low operational and maintenance costs and the pressure of environmental rules pertaining to emissions. Furthermore, governments in developed nations have implemented regulations and incentives to encourage green construction, which has aided the market's growth. New advanced technologies and increased R&D activities will boost green building materials market demand to investigate effective design procedures and construction approaches. In addition, the growing construction industry presents a significant opportunity for the market expansion of green building materials. On the other hand, considerable capital investment in comparison to conventional buildings is likely to stifle expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of green building materials. The growth and trends of green building materials industry provide a holistic approach to this study.
Market Segmentation
This section of the green building materials market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Residential Buildings
- Non-Residential Buildings
- Commercial & Office
- Institutional
- Industrial
- Hospitality & Leisure
- Others
By Product Type
- Exterior Products
- Windows
- Roofing
- Doors
- Sidings
- Interior Products
- Floorings
- Insulation
- Building Systems
- Solar Products
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Green Building Materials market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Green Building Materials Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the green building materials market include ALUMASC GROUP PLC, Binderholz gmbh, AMVIC Building Systems, BAUDER ltd., BASF SE, INTERFACE, INC., owens corning corporation, forbo international s.a., Kingspan group plc, E. I. du Pont de Nemours and Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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