Green Building Materials Market to Touch Approximately USD 750.12 Billion by 2030 – Report by Market Research Future (MRFR)

Green Building Materials Market Research Report: Information By Application (Residential, Commercial, Infrastructure, Industrial) by End-use (Exterior siding, Interior Finishing, Insulation, Framing, Roofing and others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.


New York (US), May 19, 2023 (GLOBE NEWSWIRE) -- Green Building Materials Market Overview

According to a Comprehensive Research Report by Market Research Future (MRFR), “Green Building Materials Market Information by Application, End-use, and Region - Forecast till 2030”, Green Building Materials Market could thrive at a rate of 14.10% between 2021 and 2030. The market size will be reaching around USD 750.12 Billion by the end of the year 2030

Market Synopsis

Green building materials refer to environmentally friendly construction materials that are used in the construction and renovation of buildings. These materials are typically made from renewable resources, have low embodied energy, and produce minimal waste during production and disposal. They are designed to minimize the impact of construction on the environment and improve the overall energy efficiency of buildings.

Green building materials are used in a wide range of applications, including roofing, insulation, flooring, and walls. They offer several benefits over traditional building materials, such as improved energy efficiency, reduced carbon footprint, and enhanced indoor air quality.


Get Free Sample PDF Brochure:

https://www.marketresearchfuture.com/sample_request/1865


Market Competitive Landscape:

The affluent companies in the Green Building Materials industry include

  • Alumasc Group
  • Bauder Ltd
  • Wienerberger
  • Binderholz
  • Homasote Company
  • CertainTeed Corporation
  • LG Hausys Ltd
  • RedBuilt
  • PPG Industries Inc
  • Forbo International
  • Kingspan Limited
  • Lafarge
  • BASF
  • Among others.

Report Scope:

Report Attribute Details
Market Size USD 750.12 Billion
CAGR  14.10% (2022-2030)
Base Year 2021
Forecast Period 2022-2030
Historical Data  2018 & 2020
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Application, End User, and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Key Market Drivers Low maintenance cost Low operating cost and low water requirements


Browse In-depth Market Research Report (140 Pages) on Green Building Materials:

https://www.marketresearchfuture.com/reports/green-building-materials-market-1865


December 2020

Owens Corning announced the launch of a new line of eco-friendly insulation products. The company's EcoTouch insulation products are made from recycled and renewable materials, including sand and glass, and are designed to reduce energy consumption and improve indoor air quality.

Market USP Covered:

Market Drivers:

One of the key drivers of the green building materials market is the growing concern about the impact of construction on the environment. The use of traditional building materials contributes significantly to carbon emissions, pollution, and depletion of natural resources. As a result, consumers, governments, and corporations are increasingly turning to green building materials that are made from renewable resources, have lower embodied energy, and produce less waste. The demand for green building materials is also driven by the need to improve the energy efficiency of buildings, as these materials can significantly reduce energy consumption and lower greenhouse gas emissions.

In addition to environmental concerns, rising government initiatives to promote sustainable construction practices are also driving the green building materials market. Many governments have implemented policies and regulations to encourage the use of green building materials and to improve the overall sustainability of buildings. For example, some countries offer tax incentives, grants, or subsidies to encourage the use of green building materials in construction projects.

Furthermore, the growth of the construction industry, particularly in developing countries, is also fueling the demand for green building materials. As urbanization continues to accelerate, there is a growing need for sustainable construction practices to support economic growth. Green building materials offer an opportunity to construct buildings that are both environmentally friendly and cost-effective. Moreover, the use of green building materials can also enhance the aesthetic appeal of buildings, making them more attractive to consumers.

Market Restraints:

However, the high cost of green building materials remains a significant restraint on the market's growth. Green building materials are often more expensive than traditional building materials, making them less accessible to some consumers and limiting their adoption in certain markets.  


Buy Now: 

https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=1865


COVID 19 Analysis

The COVID-19 pandemic has had a significant impact on the global economy, including the construction industry and the green building materials market. The pandemic led to a slowdown in construction activity, as many projects were put on hold due to lockdowns and supply chain disruptions. This slowdown had a negative impact on the green building materials market, as demand for these materials decreased in response to reduced construction activity. However, the pandemic also increased awareness of environmental issues and the need for sustainable construction practices.

Post-COVID, the green building materials market is expected to witness steady growth. As the global economy recovers, construction activity is likely to pick up again, leading to an increase in demand for sustainable construction materials. Furthermore, growing awareness of environmental issues and the need for sustainable construction practices are expected to drive continued demand for green building materials. The market is expected to be driven by factors such as rising government initiatives to promote sustainable construction practices, the need to improve the energy efficiency of buildings, and the increasing demand for energy-efficient buildings.


Share Your Queries:


https://www.marketresearchfuture.com/enquiry/1865 


Market Segmentation

By Application

The Application in the market includes Residential, Commercial, Infrastructure, and Industrial.

By End-use

The End-use in the market includes Exterior siding, Interior Finishing, Insulation, Framing, Roofing, and others.

Regional Insights

In North America, the green building materials market is driven by strong government support for sustainable construction practices and growing demand for eco-friendly buildings. In Europe, the market is driven by strict environmental regulations and a focus on reducing carbon emissions in the construction industry. In the Asia-Pacific region, the market is driven by rapid urbanization and the need for sustainable construction practices to support economic growth.

Discover more research Reports on Construction Industry, by Market Research Future:

Cladding System Market Research Report Information by Materials (Wood, Metal, Vinyl, Brick & stone and others), by Components (Window, Doors, Wall, Roof Light, Vent and Others), by Application (Residential and Non-residential) and by Region - Forecast to 2030

Conveyor System Market, by type (Belt Conveyors, Roller, Pallet, Overhead and others), by Application (Automotive, Retail, Food & Beverages, Airport and others) - Forecast 2021-2028

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter

 

Coordonnées