Green Building Materials Market to Reach USD 480.84 Billion by 2028, Says Stratview Research

The green building materials market consists of environmentally friendly materials made from renewable or recyclable sources used in construction to reduce energy consumption and carbon footprint. According to Stratview Research, the global market is projected to reach USD 480.84 billion by 2028, expanding at a CAGR of 9.85 % during 2023-2028. This rapid growth is primarily driven by increasing awareness of environmental sustainability, as manufacturers and construction firms shift to energy-efficient materials to meet stricter environmental standards and reduce long-term operational costs.

Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

Request a free sample report: https://www.stratviewresearch.com/1160/green-building-materials-market.html

Market Statistics

• Market size (2022): USD 269.51 billion
• Forecast value (2028): USD 480.84 billion
• CAGR: 9.85%
• Forecast period: 2023-2028
• Base year: 2022
• Total number of segments: 4 segmentation categories with multiple sub-segments
• Country-Level Market Assessment: 20

Market Segmentation

By Material Type
• Structural
• Exterior
• Interior
• Others

By Application Type
• Framing
• Insulation
• Roofing
• Exterior Siding
• Interior Finishing
• Others

By End-User Industry Type
• Residential
• Commercial
• Institutional
• Others

By Region
• North America (the USA, Canada, and Mexico)
• Europe (Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Latin America, the Middle East, and Others)

Segment Analysis

For end-user industry type, the residential segment is both dominant and fastest growing during the forecast period, driven by rising per-capita incomes and the shift from traditional buildings to energy-efficient homes that appeal to environmentally conscious homeowners and developers; companies targeting residential construction can benefit from aligning their offerings with sustainability certification programs and green building incentives.

Regional Insights

North America is the largest market for green building materials over the forecast period, supported by strong construction activity, high per-capita income, and the presence of a large number of green building material manufacturers; businesses operating in or entering this region should prioritize compliance with stringent environmental codes and leverage the mature green certification ecosystem to gain competitive advantage.

Market Drivers

• Growing awareness toward environmental sustainability drives widespread adoption of green materials to reduce energy consumption and carbon emissions.
• Government incentives promoting eco-friendly construction boost demand through financial support and regulatory encouragement.
• Increasing awareness about health benefits from green materials enhances demand for low-toxicity building solutions.
• Rising residential and non-residential construction activities increase material uptake as builders integrate sustainable solutions.
• Enhanced focus on energy efficiency by stakeholders requires advanced material technologies that support long-term operational savings.

Competitive Landscape

Top Companies in the Market
• BASF SE
• Binderholz GmbH
• Black Mountain Insulation Limited
• CERTAINTEED
• Chengdu Onekin Green Building Materials Co. Ltd
• DuPont
• ElementalGreen
• Interface Inc
• IsoHemp
• Kingspan Group

FAQs

1.What is the current value of the green building materials market and how is it expected to grow?
The green building materials market was valued at USD 269.51 billion in 2022 and is projected to reach USD 480.84 billion by 2028 at a CAGR of 9.85 %.

2.Which end-user industry segment leads the demand for green building materials?
The residential segment is expected to remain the dominant and fastest-growing end-use industry segment during the forecast period.

3.What are green building materials and why are they gaining traction?
Green building materials are made from renewable sources that can be recycled or reused and are gaining traction due to environmental sustainability and health benefits.

4.Who are some of the key players in the green building materials market?
Key companies include BASF SE, Binderholz GmbH, Black Mountain Insulation Limited, CERTAINTEED, DuPont, Interface Inc, and Kingspan Group.

5.Which region represents the largest market for green building materials?
North America is expected to be the largest green building materials market during the forecast period.

Related Links:

Polyurethane coatings market; https://vintfint.com/blogs/131307/Polyurethane-Coatings-Market-Outlook-Performance-Driven-and-Sustainable-Solutions
Professional service robots market: https://researchnews16.amebaownd.com/posts/58186124
Propanol market: https://network.musicdiffusion.com/read-blog/69442
Range hood market: https://www.ganjingworld.com/news/1i6h1e5jb8t4NFny7lSMWS9Ma1gl1c/range-hood-market-steady-growth-driven-by-indoor-air-quality-and-modern-kitchen-designs
Reactive diluents market: https://ivebo.co.uk/read-blog/254502

400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America

Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.