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Green Building Materials Market Size, Share & Industry Analysis, By Type (Wood, Recycled Plastic, Bamboo, Bales, Ferrock, Others), By End-Use (Residential Buildings, Commercial & Offices, Institutional, Industrial, Hospitality & Leisure, Others) and Regional Forecast, 2022-2029

Region : Global | Report ID: FBI102932 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Green building materials are used to construct an eco-friendly building structure. These materials include straw hempcrete, wood, recycled plastic, bamboo, bales, and ferrock. The purpose of using these materials is to make energy-efficient structures that help in maintaining the ecological balance in nature. The use of green building materials can be a solution to numerous environmental challenges such as atmospheric pollution, contamination of freshwater resources, loss of biodiversity, anomalous climate change, and natural resource depletion. These benefits make green building materials the best alternatives to conventionally used construction materials.


The increasing preference for green building materials over traditional construction materials will surge the growth for the green building materials market. Green building materials benefit in reducing carbon footprint and thus allow reduction in the global warming. Additionally, these materials are energy-efficient, and environmental-friendly, hence, are easy to maintain and provide cost-saving features. These benefits of green building materials, make them an ideal material of choice when compared with traditional construction materials.


However, fluctuations in the prices of green building materials, owing to its availability and higher demand from end-user, is anticipated to restrain the market growth.


Key Market Driver -

Increasing preference for green building materials over traditional construction materials will surge the market growth

Key Market Restraint -

Fluctuations in the prices of green building materials to restrain the market growth


Market Segmentation:


Based on type, the green building materials market is segmented into wood, recycled plastic, bamboo, bales, ferrock, and others. Based on end-use, the market is segmented into residential buildings, commercial & offices, institutional, industrial, hospitality & leisure, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


Key Players Covered:


Some of the key players in the green building materials market includes PPG Industries, DuPont, Forbo International SA, Interface Inc., Kingspan Group plc, Lafarge, BASF SE, Owens Corning, National Fiber, RedBuilt, LLC, CertainTeed Corporation, Binderholz GmbH, Bauder Limited, and Alumasc Group.


Key Insights



  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis


Regional Analysis:


The green building materials market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the highest contributor to the green building material market. The growth is due to favorable policies regarding the use of green building materials in the construction industry. The Asia Pacific accounted for second-highest revenue share, owing to the growing residential construction sector in the region. In Europe, growth is associated with the increasing demand for green building materials in hospitality & leisure applications. Moreover, increasing emphasis to reduce operational costs and maintenance of the structure, the need for green building materials is rising in this region. The Middle East & Africa is anticipated to witness sustainable growth, due to rising residential & commercial building. 


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Segmentation






















 ATTRIBUTE


 DETAILS

By Type




  • Wood

  • Recycled Plastic

  • Bamboo

  • Bales

  • Ferrock

  • Others



By End-Use




  • Residential Buildings

  • Commercial & Offices

  • Institutional

  • Industrial

  • Hospitality & Leisure

  • Others



By Geography




  • North America (U.S., and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)



Green Building Materials Market Developments



  • In November 2018, the Health Product Declaration Collaborative (HPDC) formed a partnership with the U.S. Green Building Council (USGBC). The partnership will accelerate the global development and use of healthier materials in commercial and residential buildings.

  • In January 2018, Dow Building Solutions collaborated with the U.S. Green Building Council (USGBC). The aim of the collaboration is to reduce greenhouse gas emissions by increasing energy efficiency in buildings.


  • Ongoing
  • 2021
  • 2018-2020

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