Press release
Green Building Materials Market Size is Estimated to USD 1,199.52 billion by 2032 | Companies- BASF SE (Germany), PPG Industries, Inc. (U.S.), Owens Corning (U.S.)
Green Building Materials Market
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
โถ BASF SE (Germany)
โถ PPG Industries, Inc. (U.S.)
โถ I. du Pont de Nemours and Company (U.S.)
โถ Sika AG (Switzerland)
โถ Forbo International SA (Switzerland)
โถ Owens Corning (U.S.)
โถ REDBUILT (U.S.)
โถ CERTAINTEED (U.S.)
โถ HOLCIM (Switzerland)
โถ Kingspan Group (Ireland)
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/sample/green-building-materials-market-102932
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐จ๐จ๐๐ข๐ง๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐ซ๐จ๐ฐ ๐๐ฎ๐ ๐ญ๐จ ๐ข๐ญ๐ฌ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฌ๐๐ ๐ ๐ข๐ง ๐๐จ๐ง๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ข๐จ๐ง
Based on application, the market is segmented into roofing, flooring, insulation, and others.
Due to the growing popularity of green roofing materials, it is predicted that the roofing segment will continue to be the largest over the projection period. As Nature-based Solutions (NBS) address a number of environmental and socioeconomic issues brought on by climate change, green roofs are becoming more and more important. Given that urban areas already house 55% of the world's population and are expected to grow by as much as 68% by 2050, urban areas are garnering attention in terms of global development. Suburbs, cities, and towns are all part of urban settlements. Urban growth is necessary for urban settlements to flourish sustainably. The New Urban Agenda and the Sustainable Development Goals for 2030 promote cities' commitment to sustainability.
๐๐ข๐ ๐ก ๐๐ซ๐๐๐๐ซ๐๐ง๐๐ ๐๐จ๐ซ ๐๐ซ๐๐๐ง ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐ฐ๐ข๐ฅ๐ฅ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐ข๐๐๐ง๐ญ๐ข๐๐ฅ ๐๐๐ ๐ฆ๐๐ง๐ญ
Based on end-use industry, the market is segmented into residential and non-residential.
Due to increase in regulations and rules requiring energy-efficient buildings, the residential segment is anticipated to dominate during the projection period. In the residential sector, green buildings are becoming more popular. Building materials that are both eco-friendly and energy-efficient are now in demand. The main factors driving the market expansion of this category are the growing awareness of the environmental advantages of sustainable building materials and the expanding use of sustainable building methods in the residential sector. Additionally, government regulations and initiatives to encourage the use of eco-friendly building materials in the residential sector, as well as the rising demand for energy-efficient and environment-friendly homes, are likely to propel the green building materials market growth.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐- https://www.fortunebusinessinsights.com/enquiry/get-a-quote/green-building-materials-market-102932
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report offers:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐๐๐ง ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ
Wood, straw hemp concrete, recycled plastic, ferrock, straw bales, bamboo rammed earth, wood concrete, and grass concrete are examples of green building materials. The purpose of using these materials is to build structures that are energy-efficient and support the ecological balance of the environment. During construction, design, repair, and maintenance, these materials increase a building's sustainability and efficiency. These materials are made from renewable waste sources and are particularly energy-efficient. Environmental issues including freshwater resource contamination, air pollution, resource depletion, biodiversity loss, and atypical climate change can all be resolved by using environment-friendly building materials. Green building materials are ideal replacements for conventional construction materials, and due to these benefits, the green building materials market share will increase in the coming years.
On the contrary, high demand, fluctuation in price of materials, and declining per capita income in some countries are few factors which may impede the market growth.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง- https://www.fortunebusinessinsights.com/green-building-materials-market-102932
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐๐ฌ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐ข๐ ๐ก ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
Due to its rising demand for roofing, insulation, framing, and numerous other residential, industrial, commercial, and infrastructure applications, North America held the biggest market share in 2022. There is expanding need for buildings that are both energy and value-efficient and reduce their negative effects on the environment. Reduced energy expenses are economic advantages of green buildings. Increased government initiatives have accelerated the market's expansion.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ๐๐ฌ ๐๐ฌ๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ฅ๐๐ง๐ง๐ข๐ง๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐๐ซ๐
Market players face severe competition from national and regional firms that have vast supply chains, regulatory expertise, and suppliers. In order to grow their present markets, businesses also enter into agreements, make purchases, and form strategic alliances with other industry leaders.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
October 2022 - Wiltshire Heavy Building Materials was acquired by Holcim. This acquisition strengthens Holcim's market presence in the U.K. market for green building materials.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ-
Construction Chemicals Market- https://www.fortunebusinessinsights.com/construction-chemicals-market-102539
Zeolite Market- https://www.fortunebusinessinsights.com/industry-reports/zeolite-market-101921
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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