Green Building Materials Market Introduction and Overview
According to SPER Market Research, the Global Green Building Materials Market is estimated to reach USD 1,204.01 billion by 2033 with a CAGR of 12.51%.
The report includes an in-depth analysis of the Global Green Building Materials Market, including market size and trends, product mix, distribution channels, and supplier analysis. Green building materials are materials that enhance the sustainability and efficiency of building structures throughout their lifecycle, including design, construction, maintenance, and renovation. These materials are characterized by their high energy efficiency and utilization of renewable waste sources. Examples of such materials include mycelium, hempcrete, recycled plastic, straw bales, bamboo, wood, rammed earth, timbercrete, and grasscrete. They are used to construct buildings that prioritize energy efficiency and contribute to the ecological balance of the environment. By utilizing green building materials, the aim is to create structures that are environmentally friendly and promote sustainable practices.
- October 2022: Holcim has completed the acquisition of Wiltshire Heavy Building Materials, a prominent company known for its building solutions and focus on material circularity in the United Kingdom. This strategic move by Holcim will enhance its position in the green building materials market of the United Kingdom.
- In August 2022: Saint-Gobain completed the acquisition of Kaycan, a renowned manufacturer and distributor of exterior building materials operating in Canada and the United States. This acquisition bolstered Saint-Gobain's position as a global leader in lightweight and sustainable construction. It enabled the company to become the dominant player in the Canadian siding market and expand its vinyl product offerings in the United States. Additionally, the acquisition provided Saint-Gobain with complementary solutions in aluminum and engineered wood.
Market Opportunities and Challenges
The market for green construction products has enormous potential for expansion and beneficial environmental effects. One significant possibility is the rising demand for eco-friendly and energy-efficient structures brought on by worries about climate change and resource depletion. Green building materials have advantages over conventional ones, including lower energy use, less carbon emissions, better indoor air quality, and increased occupant comfort. Additionally, technological and innovative developments are opening up possibilities for the creation of brand-new and enhanced green building materials. There are now more opportunities for market expansion thanks to the introduction of environmentally friendly substitutes for conventional building materials including hempcrete, bamboo, and recycled plastic. The demand for green construction materials is also influenced by customers' increased preferences for and awareness of sustainable products.
The market for green building materials does, however, nevertheless confront some difficulties. The more expensive upfront cost as compared to traditional building materials is one of the main difficulties. Although energy efficiency and durability may result in long-term cost benefits using green construction materials, the upfront outlay may discourage some builders and developers. Additionally, the expansion of the market may be hampered by the low accessibility and availability of green building materials in some areas. Furthermore, customers and builders may become perplexed due to the lack of uniform certifications and rules for green construction products.
Market Competitive Landscape
The global market for green building materials is characterized by a fragmented landscape, with major players including BASF SE, E. I. du Pont de Nemours and Company, etc. These industry leaders face intense competition from both global and regional players who possess extensive distribution networks, regulatory expertise, and supplier relationships. To strengthen their market position, companies engage in contract agreements, acquisitions, and strategic partnerships with other key players, allowing them to expand their presence in existing markets. The key players in the Global Green Building Materials market include Alumasc Group Plc, Amvik Systems, BASF SE, Bauder Limited, Binderholz GmbH, E. I. du Pont de Nemours and Company, Forbo International SA, Interface Inc., Kingspan Group plc, Owens Corning, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Product Type, By Application, By End User
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Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | Alumasc Group Plc, Amvik Systems, BASF SE, Bauder Limited, Binderholz GmbH, E. I. du Pont de Nemours and Company, Forbo International SA, Interface Inc., Kingspan Group plc, Owens Corning, Others
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COVID-19 Impact on Global Green Building Materials Market
The COVID-19 pandemic has rapidly spread worldwide, causing significant disruptions to supply chains at all levels. Since March 2020, numerous countries and regions implemented lockdown measures, which restricted the movement of people and materials and had a severe impact on construction manufacturers' supply chains. The construction industry, in particular, experienced substantial setbacks as a result of the pandemic, marking one of its most challenging periods in recent decades. The global construction sector encountered various consequences, including material shortages, logistical difficulties, a shortage of skilled workers, and uncertainty, ultimately leading to the suspension or cancellation of construction projects.
Key Target Audience:
- Architects and Designers
- Building Owners and Facility Managers
- Developers and Construction Companies
- Environmental Organizations and Advocacy Groups
- Homeowners and Tenants
- Suppliers and Manufacturers of Green Building Materials
- Others
Our in-depth analysis of the Green Building Materials Market includes the following segments:
By Product Type:
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Building Systems
Exterior Products
Interior Products
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By Application:
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Exterior Siding
Framing
Insulation
Interior Finishing
Roofing
Other Applications
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By End User:
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Commercial & Office
Hospitality & Leisure
Industrial
Institutional
Residential
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Key Topics Covered in the Report:
- Global Green Building Materials Market Size (FY’2020-FY’2032)
- Overview of Global Green Building Materials Market
- Segmentation of Global Green Building Materials Market By Product Type (Building Systems, Exterior Products, Interior Products, Solar Products, Others)
- Segmentation of Global Green Building Materials Market By Application (Exterior Siding, Framing, Insulation, Interior Finishing, Roofing, Other Applications)
- Segmentation of Global Green Building Materials Market By End User (Commercial & Office, Hospitality & Leisure, Industrial, Institutional, Residential, Other)
- Statistical Snap of Global Green Building Materials Market
- Global Green Building Materials Market Expansion Analysis
- Problems and Challenges in Global Green Building Materials Market
- Competitive Landscape in the Global Green Building Materials Market
- Effects of COVID-19 and demonetization on the Global Green Building Materials Market
- Details on Current Investment in Global Green Building Materials Market
- Competitive Analysis of Global Green Building Materials Market
- Prominent Players in the Global Green Building Materials Market
- SWOT Analysis of Global Green Building Materials Market
- Global Green Building Materials Market Future Outlook and Projections (FY’2020-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Green Building Materials Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Green Building Materials Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Green Building Materials Market
7. Global Green Building Materials Market, By Product Type (USD Million)
7.1. Global Green Building Materials Market Value Share and Forecast, By Product Type, 2020-2032
7.2. Building Systems
7.3. Exterior Products
7.3.1. Doors
7.3.2. Roofing
7.3.3. Siding
7.3.4. Windows
7.4. Interior Products
7.4.1. Floorings
7.4.2. Insulation
7.5. Solar Products
7.6. Others
8. Global Green Building Materials Market, By Application (USD Million)
8.1. Global Green Building Materials Market Value Share and Forecast, By Application, 2020-2032
8.2. Exterior Siding
8.3. Framing
8.4. Insulation
8.5. Interior Finishing
8.6. Roofing
8.7. Other Applications
9. Global Green Building Materials Market, By End User (USD Million)
9.1. Global Green Building Materials Market Value Share and Forecast, By End User, 2020-2032
9.2. Commercial & Office
9.3. Hospitality & Leisure
9.4. Industrial
9.5. Institutional
9.6. Residential
9.7. Other
10. Global Green Building Materials Market Forecast, 2020-2032 (USD Million)
10.1. Global Green Building Materials Market Size and Market Share
11. Global Green Building Materials Market, By Product Type, 2020-2032 (USD Million)
11.1. Global Green Building Materials Market Size and Market Share By Product Type (2019-2026)
11.2. Global Green Building Materials Market Size and Market Share By Product Type (2020-2032)
12. Global Green Building Materials Market, By Application, 2020-2032 (USD Million)
12.1. Global Green Building Materials Market Size and Market Share By Application (2019-2026)
12.2. Global Green Building Materials Market Size and Market Share By Application (2020-2032)
13. Global Green Building Materials Market, By End User, 2020-2032 (USD Million)
13.1. Global Green Building Materials Market Size and Market Share By End User (2019-2026)
13.2. Global Green Building Materials Market Size and Market Share By End User (2020-2032)
14. Global Green Building Materials Market, By Region, 2019-2033 (USD Million)
14.1. Global Green Building Materials Market Size and Market Share By Region (2019-2026)
14.2. Global Green Building Materials Market Size and Market Share By Region (2020-2032)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Alumasc Group Plc
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Amvik Systems
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. BASF SE
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Bauder Limited
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. E. I. du Pont de Nemours and Company
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Forbo International SA
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Interface Inc.
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Kingspan Group plc
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Owens Corning
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope