Press release
Sustainable Construction Materials Market Poised to Reach USD 702.3 Billion by 2034 with 11.2% CAGR: Exclusive Report by Transparency Market Research Inc.
Sustainable Construction Materials Market
The global sustainable construction materials market is projected to witness strong growth due to increasing demand for energy-efficient buildings, growing urbanization, and the rise of eco-friendly materials such as recycled steel, bamboo, cross-laminated timber (CLT), and insulated concrete forms (ICF). It is estimated to advance at a CAGR of 11.2% from 2024 to 2034 and reach US$ 702.3 Bn by the end of 2034.
Request a PDF Sample of this Report Now!
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85374
Top Companies:
Alumasc Group plc
Binderholz GmbH
AMVIC Building Systems
BAUDER Ltd.
ILLOVO SUGAR (PTY) LTD
Greenfiber
TransFurans Chemicals bvba
Interface, Inc.
Owens Corning Corporation
Forbo Group
Kingspan Group
DuPont
ElementalGreen
BASF SE
Key Market Drivers:
Growing Demand for Green Buildings: The construction industry is one of the largest contributors to global CO2 emissions, prompting a shift toward green buildings that minimize environmental impact. Sustainable construction materials are essential for creating energy-efficient, water-conserving, and waste-reducing buildings. With the increasing number of green building certification programs, such as LEED and BREEAM, there is a growing emphasis on using materials that are eco-friendly, renewable, and recyclable.
The push for net-zero energy buildings, which produce as much energy as they consume, is also fueling the demand for materials like solar panels, energy-efficient windows, and advanced insulation products.
Government Regulations and Incentives: Governments around the world are implementing strict regulations and offering incentives to promote sustainable construction practices. For example, the European Union's Green Deal, China's Green Building Evaluation Standard, and the U.S. Green Building Council's LEED certification system are all driving the adoption of sustainable construction materials. Tax breaks, grants, and subsidies for green building projects are encouraging developers and contractors to choose eco-friendly materials, further boosting the market.
In addition, international commitments to reduce greenhouse gas emissions, such as the Paris Agreement, have prompted governments to mandate the use of low-carbon materials and energy-efficient technologies in construction projects.
Urbanization and Infrastructure Development: Rapid urbanization, particularly in developing countries, is creating significant demand for sustainable infrastructure. As cities expand, there is a growing need for construction materials that minimize environmental impact and enhance the long-term sustainability of urban environments. The focus on smart cities and sustainable urban infrastructure has driven the demand for innovative materials that can support the construction of energy-efficient buildings, green spaces, and eco-friendly transportation systems.
Technological Advancements in Sustainable Materials: Technological innovations in construction materials are enabling the development of more sustainable options that offer enhanced performance and durability. For instance, the use of carbon-capturing concrete, recycled materials such as steel and plastic, and advanced insulation materials are becoming more prevalent. Cross-laminated timber (CLT) is gaining popularity as an alternative to steel and concrete in building high-rise structures due to its lower carbon footprint.
Similarly, advancements in modular construction and 3D printing are allowing for more efficient use of materials and reducing construction waste, further supporting the growth of the sustainable materials market.
Focus on Circular Economy and Recycling: The concept of the circular economy is gaining momentum in the construction industry, emphasizing the need to recycle and reuse materials to minimize waste. Sustainable construction materials, such as recycled steel, reclaimed wood, and recycled plastic composites, play a key role in this shift. As more companies adopt circular economy practices, the demand for recycled and repurposed materials is expected to rise, reducing the reliance on virgin resources and lowering the overall environmental impact of construction activities.
Recent Developments:
Increased Adoption of Bio-based Materials: The use of bio-based materials, such as bamboo, hempcrete, and mycelium-based composites, is gaining traction in sustainable construction. These materials offer a renewable and biodegradable alternative to traditional building materials while also providing superior thermal insulation and structural benefits. Research and development into bio-based materials are ongoing, with the potential to create new, innovative materials for construction.
Smart Materials for Energy Efficiency: The development of smart materials that enhance energy efficiency is another key trend in the market. Materials such as phase-change materials (PCMs), which can store and release thermal energy, are being incorporated into building designs to improve temperature regulation and reduce the need for heating and cooling systems. Similarly, electrochromic glass that adjusts its tint in response to sunlight is being used in sustainable buildings to optimize natural lighting and reduce energy consumption.
Recycling and Repurposing Initiatives: Companies in the construction sector are increasingly focusing on waste reduction and recycling initiatives. The use of recycled aggregates in concrete and reclaimed wood in construction projects is helping to reduce the demand for new raw materials. Additionally, closed-loop systems for recycling construction waste are being implemented in some regions, allowing for the reuse of materials like glass, metals, and plastics in new construction projects.
Unlock Growth Potential in Your Industry! Download PDF Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85374
Key Segmentation:
By Material Type
Green Cement
Bamboo
Recycled Glass
Hempcrete
Recycled Tires
Reclaimed Wood
Cork
Mycelium
Ferrock
Sheep Wool
Recycled Metal
Recycled Plastic
Ashcrete
Timbercrete
Cellulose Fiber
Stone
Others (Straw Bales, Natural Clay, etc.)
By Application
Exterior
Windows
Roofing
Doors
Sidings
Others
Interior
Floorings
Insulation
Building Systems
Others
Structural
Others
By End-use
Residential
Commercial
Industrial
By Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=85374<ype=S
Conclusion: The sustainable construction materials market is poised for significant growth as industries and governments place greater emphasis on reducing the environmental impact of construction. With technological advancements, increasing adoption of green building practices, and growing awareness of sustainability, the demand for materials that offer energy efficiency, recyclability, and reduced carbon emissions will continue to rise.
Explore More Trending Report:
Desiccant Market: https://www.prnewswire.co.uk/news-releases/desiccant-market-poised-to-reach-usd-1-0-billion-by-2034-with-5-7-cagr-driven-by-e-commerce-and-sustainable-packaging-trends--states-tmr-302197081.html
UV-Absorbing Chemicals for Cosmetics Market: https://www.prnewswire.co.uk/news-releases/uv-absorbing-chemicals-for-cosmetics-market-to-reach-us-1-1-billion-by-2034-rd-in-sustainable-products-drives-growth-and-promotes-organic-alternatives--exclusive-research-report-by-tmr-302212250.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sustainable Construction Materials Market Poised to Reach USD 702.3 Billion by 2034 with 11.2% CAGR: Exclusive Report by Transparency Market Research Inc. here
News-ID: 3734387 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Material
Firestop Material Market
LOS ANGELES, United States: The global Firestop Material market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Firestop Material market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
New Material Direction for Electric Toothbrushes - Si-TPV Soft Over Molded Mater …
When it comes to factors such as consumer experience or ergonomics, Si-TPV Soft Over Molded Material has had a huge impact on the improvement of various products such as electric toothbrushes, etc. Si-TPV is a Silicone Combine TPU developed and produced by SILIKE, a Thermoplastic Elastomer Manufacturer (Thermoplastic Elastomer Suppliers). Si-TPV material adopts Innovative Soft Slip Technology and Sustainable Overmolding Techniques, which can be used to make Stain Resistance Soft…
A new light on a misjudged material - Plastic waste: material for art
Used plastic bottles are not waste, but a valuable resource. They can be reprocessed in a variety of ways and transformed into new products or fresh energy. And into art. This is exactly what Ve-ronika Richterová does. The Czech artist creates fascinating sculp-tures made out of old PET bottles.
Plastic has inspired artists from the very beginning. The reason: plas-tic meets almost all technical and aesthetic requirements. It is a uni-versal…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments…
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts.
This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Integra Life Sciences Corporation
Mylan N.V
Johnson & Johnson…
