Press release
Alternative Building Materials Market to See Huge Growth by 2030 | Players CarbonCure Technologies Inc., JD Composites, Kirei, Neular, Plasticiet
The alternative building materials market consists of revenue generated by sales for environment friendly building material such as wood, bamboo, recycled plastic and other eco-friendly material. These material are used to construct walls, windows, doors and roofs of residential and non-residential infrastructures. The alternative material are introduced to with a view to build sustainable buildings and to minimize pollution generated while manufacturing traditional building material.The alternative building materials market size was valued at $189.8 billion in 2020, and is expected to reach $330.3 billion by 2030, registering a CAGR of 5.8% from 2021 to 2030.
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Top Key Manufacturers:
The major players profiled in the alternative building materials market include Bauder Ltd., ByFusion Global Inc., CarbonCure Technologies Inc., JD Composites, Kirei, Neular, Plasticiet, Rammed Earth Enterprises, Rammed Earth Works and Takataka Plastics. Major companies in the market have adopted strategies such as product launch, business expansion and partnership, to offer better products and services to customers in the alternative building materials market
These players have implemented various strategies such as expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to strengthen their position in the industry.
Alternative Building Materials By Region:
• North America
• Europe
• Asia-Pacific
• LAMEA
Key Findings Of The Study:
• By material, the wood segment was the highest revenue contributor in 2020.
• By end user, the residential segment generated the highest revenue in 2020.
• By application, the flooring segment generated the highest revenue in 2020.
• By region, the Asia-Pacific generated the highest revenue in 2020.
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Alternative Building Materials Market Segmentation:
By Material
• Bamboo
• Recycled Plastic
• Wood
• Others
By Application
• Construction
• Furniture
• Flooring
Why To Select This Report:
• Complete analysis on market dynamics, market status and competitive Alternative building materials view is offered.
• Forecast Global Alternative building materials Industry trends will present the market drivers, constraints and growth opportunities.
• The five-year forecast view shows how the market is expected to grow in coming years.
• All vital Global Alternative building materials Industry verticals are presented in this study like Product Type, Applications and Geographical Regions.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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