Low Carbon Construction Materials Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033

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The new report published by The Business Research Company, titled Low Carbon Construction Materials Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the low carbon construction material market size has grown strongly in recent years. It will grow from $238.58 billion in 2023 to $259.42 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The low carbon construction material market size is expected to see strong growth in the next few years. It will grow to $367.32 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.

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What Is Driving The Growth Of The Global Low Carbon Construction Materials Market?

Growing Demand For New Homes Spurs Expansion In Low-Carbon Construction Materials Market
The increase in demand for new homes is expected to propel the growth of the low-carbon construction materials market going forward. The demand for new homes is driven by increased population growth, urbanization, and a desire for modern amenities and personalized living spaces. Low-carbon construction materials are required for new homes to reduce greenhouse gas emissions, minimize environmental impact, and support sustainable building practices. For instance, in July 2023, according to the Australian Bureau of Statistics, an Australian-based government agency, the number of dwellings under construction rose by 1.3% to 240,813 in the March quarter, compared to 195,201 in March 2021. New houses represented 103,778 of the dwellings currently under construction. Therefore, the increase in demand for new homes is driving the growth of the low-carbon construction materials market.

What Is The Key Trend In The Global Low Carbon Construction Materials Market?

Technological Advancements In Low-Carbon Construction Materials
Major companies operating in the low-carbon construction material market are focused on developing technologically advanced products, such as energy-efficient glasses, to reduce environmental impact while maintaining high performance. Energy-efficient glass is a glazing design that minimizes heat loss or gain, enhances thermal insulation, and improves energy conservation in buildings. For instance, in June 2023, Saint-Gobain India, an India-based construction company, launched low-carbon glass. This innovative glass substrate from Saint Gobain Glass India is designed to cut carbon emissions by about 40% compared to their existing products. Despite its reduced carbon footprint, it maintains the same high technical, quality, and aesthetic standards as traditional glass. Soon to be added to the energy-efficient glass portfolio, this new product will significantly lower embodied carbon in buildings and improve operational energy efficiency.

How Is The Global Low Carbon Construction Materials Market Segmented?
The low carbon construction materials market covered in this report is segmented -

1) By Material: Plastic, Metal, Mass Timber, Green Concrete, Green Tiles, Low-Carbon Bricks, Other Materials
2) By Application: Residential, Commercial, Industrial, Other Applications
3) By End-User: Repair And Maintenance Activities, New Construction Activities

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How Is The Competitive Landscape Of The Global Low Carbon Construction Materials Market?
Major companies operating in the low carbon construction materials market are ArcelorMittal S.A., POSCO, Nippon Steel Corporation, Rio Tinto Group, Nucor Corporation, Holcim Limited, Tata Steel Limited, Hesteel Group Company Limited, Steel Dynamics Inc., China Hongqiao Group Limited, Norsk Hydro ASA, CEMEX S.A.B. de C.V., Vedanta Limited, Gerdau S/A, EN+ Group plc, Stora Enso Oyj, Commercial Metals Company, LIBERTY Steel Group, CelsaGroup, Kenoteq Ltd., CarbonCure Technologies Inc., Roca Tile USA, Mercer Mass Timber LLC, Plantd Inc., CarbiCrete

Contents Of The Global Low Carbon Construction Materials Market
1. Executive Summary
2. Low Carbon Construction Materials Market Report Structure
3. Low Carbon Construction Materials Market Trends And Strategies
4. Low Carbon Construction Materials Market - Macro Economic Scenario
5. Low Carbon Construction Materials Market Size And Growth
…..
27. Low Carbon Construction Materials Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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