About Green Building
Green building is a sustainable and environment-friendly construction process resulting in energy efficiency and sustainable development. It involves the entire building process right from planning, designing, construction, maintenance, and innovation of the building. Green building is becoming increasingly popular with the rising environmental concerns and regulatory guidelines. This activity is growing across the globe with the expected increase in 20 countries in five continents during the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Competition among existing players is due to the Green Building market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Green Building Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saint-Gobain (France), Interface, Inc. (United Kingdom), Alumasc Group plc (United Kingdom), Kingspan Group (Ireland), BASF SE (Germany), LafargeHolcim (France), Owens Corning (United States), Forbo Flooring Systems (Switzerland), PPG Industries (United States) and EnergyLogic Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Green Building market by Type (Net-zero Energy Ready, Net-zero Energy, Net-zero Carbon, Zero Carbon and Zero Carbon and Grid Interactive), Application (Residential, Commercial, Institutional Buildings, Retail Facilities, Healthcare Facilities and Others) and Region.
On the basis of geography, the market of Green Building has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Products, the sub-segment i.e. Exterior Products will boost the Green Building market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Techology, the sub-segment i.e. HVAC (Heating, Ventilation And Air Conditioning) will boost the Green Building market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of New Net-zero Energy Building Compliances
Market Growth Drivers:
Growing Environmental Concern with the Rising Climate Crisis and Need for the Energy Efficiency and Renewable Energy in Building Construction for Smart and Sustainable Development
Challenges:
High Cost Involved in the Green Building Technologies
Restraints:
Problems with Lack of Skilled Manpower for this Specific Practice, and Extra Clearances and Approvals Required for the Green Building
Opportunities:
Emerging Number of Sustainable Building Practices with the Stringent Regulatory Standard and Projects Investment in Developing Nations will Boost the Green Building Market
Market Leaders and their expansionary development strategies
In January 2021, LafargeHolcim has signed an agreement to acquire Firestone Building Products (FSBP). This acquisition is a milestone in LafargeHolcim’s transformation to become the global leader in innovative and sustainable building solutions. and In March 2021, EnergyLogic Inc., a Berthoud-based company engaged in applied building sciences, has acquired Green Building Hawaii, which provides energy and sustainability consulting and inspections in Hawaii. The terms of the deal were not disclosed.
In October 2020, LafargeHolcim launches its EcoLabel to transparently communicate the environmental benefits of its green building solutions. The label will apply to all its products that comply with its green criteria, including lower CO2 footprint and recycled content. Building on LafargeHolcim’s net-zero pledge, this EcoLabel supports the company’s ambition to accelerate green construction with the use of lower-footprint products such as ECOPact and Susteno.
"Carbon emissions represent the true climatic impact of buildings. Only by focusing on emissions during design, and assessing emissions once in operation, can we ensure the low-carbon outcomes Canada needs. The ZCB Standard provides pathways for both new and existing buildings to reach zero carbon, and certification offers recognition for industry leaders. With ZCB Standard v2, the focus is on the carbon balance of a building across its life-cycle, including construction and operation. It is applicable to all buildings except homes and small multi-family residential buildings."
Key Target Audience
Green Building Manufacturers, Green Building Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.