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Green Building Materials Market 2023, Industry Analysis, Top Manufacturers Forecast To 2032
Green Building Materials Market Analysis
The Business Research Company's Green Building Materials Global Market Report 2023 identifies increase in demand for green buildings as the major driver for the Green Building Materials market's growth in the forecast period. Green building is the discipline of designing structures and employing procedures from site selection to design, construction, operation, service, remodelling, and deconstruction that are ecologically responsible and resource-efficient. As green building materials are utilized to produce green buildings, the demand for green building materials is also expanding.
The global green building materials market size grew from $274.18 billion in 2022 to $302.43 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The green building materials market size is expected to grow to $435.08 billion in 2027 at a CAGR of 9.5%.
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Major competitors in the Green Building Materials market are CertainTeed Corporation, Amvic Building Systems, Forbo International SA, Homasote Company, Interface Inc., Bauder Ltd., Binderholz GmbH, Kingspan Group plc, LG Hausys Ltd., Owens Corning, RedBuilt LLC, Andersen Corporation.
A key trend in the Green Building Materials market includes introduction to environment-friendly products. Major participants in the green building materials industry are concentrating on launching new product lines that minimize the global warming potential (GWP) without compromising product quality.
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The Green Building Materials market is segmented -
1) By Type: Structural, Exterior, Interior, Other Types
2) By Application: Framing, Insulation, Roofing, Exterior Siding, Interior Finishing, Other Applications
3) By End Use: Residential Buildings, Non-Residential Buildings
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Green Building Materials market.
The Business Research Company's "Global Green Building Materials Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Green Building Materials Market Include:
1. Executive Summary
2. Green Building Materials Market Characteristics
3. Green Building Materials Market Trends And Strategies
4. Green Building Materials Market - Macro Economic Scenario
5. Green Building Materials Market Size And Growth
……
27. Green Building Materials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Green Building Materials Market
29. Green Building Materials Market Future Outlook And Potential Analysis
30. Appendix
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