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2025-2034 Green Building Materials Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Green Building Materials Industry Market Size Be by 2025?
In recent times, the green building materials market size has seen accelerated expansion. The predicted growth from $336.46 billion in 2024 to $372.68 billion in 2025, with a compound annual growth rate (CAGR) of 10.8%, is due to various factors. These include robust economic development in emerging markets, a rise in construction undertakings in developing areas, encouraging governmental regulations for green structures, an expanding population, growing industrialization, a low-interest rate climate, and advancements in technology.
What's the Long-Term Growth Forecast for the Green Building Materials Market Size Through 2029?
An uptick in the green building materials market is anticipated in the coming years, with it being projected to reach $543.01 billion by 2029, boasting a compound annual growth rate (CAGR) of 9.9%. Fueling this projected growth in the future are factors such as the growing awareness of sustainable, environment-friendly solutions, heightened demand for energy-efficient constructions, and the elevated usage of green building materials in both residential and non-residential sectors. Key trends expected to shape this forecast period include an emphasis on earth-friendly construction materials, a growing interest in mass timber technology, a trend towards mineral wool insulation technique, a renewed interest in green cement, the rise of eco-friendly paints, an surge in new product launches as well as increased partnerships and collaborations.
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What Are the Key Growth Drivers Fueling the Green Building Materials Market Expansion?
The predicted uptick in the demand for environmentally-friendly structures is anticipated to propel the expansion of the green building materials market in the forthcoming years. Green building refers to the practice of conceptualizing structures and applying methodologies, from location picking to creation, operation, service, revamping, and eventual teardown, which are eco-conscious and efficient when it comes to resource use. The need for green building materials, used in constructing green buildings, is simultaneously swelling. As an illustration, a study issued by the commercial real estate services and investment firm CBRE India in April 2022 divulged that environmentally friendly building has gathered significant momentum over the preceding five years. In this span, the availability of buildings with green certification grew by 37%, leading to the addition of 78 million square feet of certified inventory. Therefore, the escalating demand for green structures is fueling the advancement of the green building materials market.
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What Are the Key Trends Driving Green Building Materials Market Growth?
Major players in the market for green building materials are concentrating on the invention of new extruded polystyrene insulation (XPS) products to improve energy efficiency, decrease environmental harm, and address the escalating consumer desire for eco-friendly construction solutions. An instance of this trend is the launch of Styrofoam Brand ST-100 XPS Insulation by DuPont, a report stated by the American Chemistry Council, a trade organization based in the US, in June 2023. This revolutionary product deploys a low-GWP (Global Warming Potential) blowing agent which cuts embodied carbon down by 94% throughout its lifespan compared to its predecessors. The updated blend maintains vital characteristics like mechanical robustness, resistance to moisture, and fire safety.
How Is the Green Building Materials Market Segmented?
The green building materials market covered in this report is segmented -
1) By Type: Structural, Exterior, Interior, Other Types
2) By Application: Framing, Insulation, Roofing, Exterior Siding, Interior Finishing, Other Application
3) By End-Use: Residential Buildings, Non-Residential Buildings
Subsegments:
1) By Structural: Recycled Steel, Bamboo, Engineered Wood Products, Insulated Concrete Forms (ICFs)
2) By Exterior: Green Roof Systems, Sustainable Siding Materials, Solar Panels, Low-Emission Windows
3) By Interior: Recycled Flooring, Low-VOC Paints And Coatings, Sustainable Insulation Materials, Non-Toxic Adhesives
4) By Other Types: Water-Efficient Fixtures, Energy-Efficient HVAC Systems, Renewable Energy Systems, Sustainable Landscaping Materials
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Which Companies Are Leading the Charge in Green Building Materials Market Innovation?
Major companies operating in the green building materials market include Owens Corning, BASF SE, Kingspan Group Plc, E. I. du Pont de Nemours And Company Co. Ltd., Interface Inc., Saint-Gobain (CertainTeed Corporation), Forbo International SA, Amvik Systems, Alumasc Group Plc, Bauder Limited, China State Construction Engineering Corporation (CSCEC), China Communications Construction Company Limited (CCCC), Shanghai Construction Group (SCG), SGS Group, Larsen & Toubro, GMR Group, Hindustan Construction Company, Kajima Corporation, GVK Group, Shimizu Corporation, Sika AG, Välinge Flooring, HeidelbergCement, LafargeHolcim, Aerzener Maschinenfabrik GmbH, SCHMIDT Technology GmbH, Colt International Licensing Limited, Gsky Plant Systems, Hachler GmbH, Sensor spol. s r.o, Norsonic AS, Internationale Geotextil GmbH, GreenKeys, Mastal Sp zo.o, Grudnik Sp. Z O. O., KONTUR SP. Z O.O., ATT Sp. Z. O.O., Departysh D Ltd., Macon Group, Somaco, Supertech Q Materials SRL, Iridex Group, Matcons, Turner Corp, Aecom, Clark Group, Swinerton, Hensel Phelps, Skanska USA, Lendlease, Gilbane Building Co, Battle Lake Design Group, Alberta, EDGE Colombia, Electro Aco Altona, Suzano, Votorantim Cimentos Brasil, Klabin, Cielo Brazil, TUPY, BR Metals Fundições Ltda, Middle East Building Materials LLC
Which Regions Are Leading the Global Green Building Materials Market in Revenue?
North America was the largest region in the green building materials market in 2024. Asia-Pacific was expected to be the fastest region in the forecast period. The regions covered in the green building materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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