About Green Building Materials
Green building materials are environmentally friendly alternatives to conventional construction materials. They prioritize sustainability throughout their lifecycle, minimizing their impact on the planet from extraction and processing to disposal. Green building materials come from readily renewable resources like bamboo, wood (with proper certification), or recycled materials like fly ash from power plants or post-consumer plastics. This reduces reliance on virgin resources and minimizes waste. The Green Building Materials market is expected to continue to grow at a significant pace in the coming years. This is driven by a combination of environmental and economic factors, as well as the increasing demand for sustainable construction practices.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 11.0% |
The green building materials market is expected to experience significant growth in the coming decades, driven by factors like climate change concerns, declining costs, and increasing government support. The competitive landscape is likely to evolve as new technologies emerge, and collaboration and partnerships will play a key role in shaping the future of this promising market. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Green Building Materials market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mannington Mills (United States), Saint-Gobain (France), Dow (United States), LafargeHolcim (Switzerland), HeidelbergCement (Germany), DuPont (United States), BASF SE (Germany), Armstrong World Industries (United States), Shaw Industries (United States) and Mohawk Industries (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are CRH (Ireland), Cemex (Mexico), Lumber Liquidators (United States), Etex (Switzerland) and Sekisui Chemical (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Green Building Materials market by , Application (Flooring, Roofing, Insulation and Others) and Region.
On the basis of geography, the market of Green Building Materials 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). If we see Market by Material Type, the sub-segment i.e. Bamboo will boost the Green Building Materials market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Residential will boost the Green Building Materials market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Exploring New Sustainable Materials Derived from Renewable Resources or Recycled Waste
Market Growth Drivers:
Growing Adoption Towards Green Buildings, Increasing Renovation and Construction of New Infrastructure and Increasing Demand for Interior Green Building Materials
Challenges:
High Competition from Established Traditional Market
Restraints:
High Cost of Green Building Materials and Limited Production of Some Green Building Materials due to Specific Storage Condition
Opportunities:
Several European Countries have Mandatory Green Building Certification Schemes Like Breeam in the UK and DGNB in Germany
Market Leaders and their expansionary development strategies
In December 2023, BASF SE (Germany) unveiled its "Neopor Advance," a new generation of expanded polystyrene insulation with enhanced thermal performance and reduced carbon footprint. This innovation aims to contribute to energy-efficient buildings.
On December 19, 2023, Holcim introduced ECOPact ZERO, the world's first net-zero concrete solution. This revolutionary product achieves carbon neutrality through carbon capture and offsets, paving the way for sustainable construction practices.
The EU has implemented the Green Buildings Pact which aims to create and make more climate-friendly buildings by improving insulation and energy efficiency. The pact's overall goal is to double the rate of building renovations by 2030, meaning 35 million buildings will be renovated across the EU.
Key Target Audience
Raw Material Providers, Suppliers & Distributors, Manufacturer, Potential Investors 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.