Global Green Building Materials Market research report
Product Overview
Green building is a technology tcreate an infrastructure that is environmentally friendly. The aim of these designs is treduce the negative impacts of residential and commercial buildings on human health and the environment by choosing, constructing, designing, maintaining, and disposing of green building materials at most over the entire life cycle. The construction of green buildings includes the materials such as straw bales, rammed earth, grass Crete, bamboo, wood, and recycled plastic. Green building materials are made up of renewable sources and recycled materials. Using green building materials provide various benefits including easy maintenance, waste reduction, temperature regulation, high return on investment, and improved air quality.
Market Highlights
Global Green Building Materials Market is expected tproject a notable CAGR of 10.16% in 2030.
Global Green Building Materials Market tsurpass USD 711.06 billion by 2030 from USD 270.26 billion in 2020 at a CAGR of 10.16% in the coming years, i.e., 2021-30. The market is estimated tgrow owing tescalating constriction activities, growing government regulations, and initiatives timplement environmentally sustainable and energy-efficient building standards. Green building materials help in reducing global warming as they offer a lower carbon footprint. Additionally, rising consumer awareness towards health and energy efficiency is driving the market growth. The demand for green building materials is alsincreasing due tvarious monetary and environmental benefits. It improves the indoor air quality by eliminating the use of toxic paints which contain lead.
Recent highlights in the Global Green Building Materials Market
In August 2019, Owens Corning announced tinvest $445mn in a green bond, substantial project.
In August 2019, CertainTeed launched CertaSeal INT, a new water-based, liquid acrylic, spray-on air sealing solution that offers code-compliant airtightness for homes. Nair supply is required as it has nVOCs or off-gassing during installation.
Global Green Building Materials Market: Segments
Insulation segment tgrow with the highest CAGR during 2021-30
Global Green Building Materials Market is segmented by Application intinsulation, roofing, framing, interior finishing, exterior siding, and others. Insulation segment held the largest market share in the year 2020 owing tits ability tconserve energy. Insulation lowers the energy consumption, reduces noise, increases comfort, and averts condensation issues in buildings. Properly fitted green insulation provides several benefits including financial and improvements in comfort thomeowners.
Residential segment tgrow with the highest CAGR during 2021-30
Global Green Building Materials Market is divided by End User intcommercial, residential and institutional. Residential segment held the largest market share in the year 2020 and will continue tdominate the market in the coming years. With the increasing health concerns among populace regarding the energy efficiency and rising disposable income, the construction of green buildings in residential sector is increasing. Besides, due tthe growing number of building regulations and policies mandating energy-efficient sustainable structures, the green building construction is rising.
Market Dynamics
Drivers
Growing government regulations for energy saving and environmental emissions
Increasing government policies and investments and pressure from environmental regulations regarding emissions are the major factors fueling the market growth. Tpromote green building construction, the government of various countries especially developed countries has started the programs and incentives which is spurring market growth. Furthermore, high-performance green construction, such as the U.S. Recovery and Reinvestment Act, is alsfacilitated by governments in different developed countries. Advent of new technology and rising research and development activities tanalyze efficient construction methods and building procedures is projected tfurther drive the demand for green building materials.
Increasing awareness among consumers regarding energy efficiency
Growing health concerns and responsibility towards environmental safety and rising demand for efficient energy usage is estimated tsurge the demand for green building materials in the coming years. Over the last few years, a significant increase has been seen in stress levels and associated health concerns among the populace. Home and work environments have a significant effect on an individual's well-being, contributing tan increased consumer tendency towards esthetically pleasing green buildings that look desirable and help relieve physical and mental issues at the same time. In addition, construction of green building provides various financial and economic advantages including low construction costs, cost savings on utility bills for households or occupants and high value of property.
Restraint
Dearth of raw materials
Lack of raw material, requirement of high initial cost and time-consuming process of construction is likely trestrict the market growth. The materials used in the construction of green buildings such as grass Crete, hempcrete, bamboo, rammed earth and wood are not usually available. The method of using these materials in construction entails exorbitant investment and requires skilled professional, which makes the process of construction green projects capital intensive.
Global Green Building Materials Market: Key Players
PPG Industries
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
E. I. du Pont de Nemours and Company
ForbInternational SA
Interface Inc.
Kingspan Group plc
Lafarge
BASF SE
Owens Corning
National Fiber
RedBuilt, LLC
CertainTeed Corporation
Binderholz GmbH
Bauder Limited
Alumasc Group
Other prominent players
Global Green Building Materials Market: Regions
Global Green Building Materials Market is segmented based on regional analysis intfive major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Green Building Materials Market in North America held the largest market share in the year 2020. North America will continue tdominate the global Green Building Materials Market because of the favorable government policies regarding the usage of green building materials in construction activities along with renovation activities. The construction industry in the region is expanding due tthe growing population and increased demand for houses. Mexichas been witnessing high demand for housing, for which, the region is attracting noticeable investment intconstruction. Hence all these favorable trends in the regional construction sector is anticipated tdrive the demand for green building materials.
Global Green Building Materials Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Green Building Materials Market report alscontains analysis on:
Green Building Materials Market Segments:
By Product
Structural
Interior
Exterior
Solar Products
Others
By Application
Insulation
Roofing
Framing
Interior Finishing
Exterior Siding
By End User
Commercial
Residential
Institutional
Green Building Materials Market Dynamics
Green Building Materials Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Green building is a technology tcreate an infrastructure that is environmentally friendly. The aim of these designs is treduce the negative impacts of residential and commercial buildings on human health and the environment by choosing, constructing, designing, maintaining, and disposing of green building materials at most over the entire life cycle. The construction of green buildings includes the materials such as straw bales, rammed earth, grass Crete, bamboo, wood, and recycled plastic. Green building materials are made up of renewable sources and recycled materials. Using green building materials provide various benefits including easy maintenance, waste reduction, temperature regulation, high return on investment, and improved air quality.
Market Highlights
Global Green Building Materials Market is expected tproject a notable CAGR of 10.16% in 2030.
Global Green Building Materials Market tsurpass USD 711.06 billion by 2030 from USD 270.26 billion in 2020 at a CAGR of 10.16% in the coming years, i.e., 2021-30. The market is estimated tgrow owing tescalating constriction activities, growing government regulations, and initiatives timplement environmentally sustainable and energy-efficient building standards. Green building materials help in reducing global warming as they offer a lower carbon footprint. Additionally, rising consumer awareness towards health and energy efficiency is driving the market growth. The demand for green building materials is alsincreasing due tvarious monetary and environmental benefits. It improves the indoor air quality by eliminating the use of toxic paints which contain lead.
Recent highlights in the Global Green Building Materials Market
In August 2019, Owens Corning announced tinvest $445mn in a green bond, substantial project.
In August 2019, CertainTeed launched CertaSeal INT, a new water-based, liquid acrylic, spray-on air sealing solution that offers code-compliant airtightness for homes. Nair supply is required as it has nVOCs or off-gassing during installation.
Global Green Building Materials Market: Segments
Insulation segment tgrow with the highest CAGR during 2021-30
Global Green Building Materials Market is segmented by Application intinsulation, roofing, framing, interior finishing, exterior siding, and others. Insulation segment held the largest market share in the year 2020 owing tits ability tconserve energy. Insulation lowers the energy consumption, reduces noise, increases comfort, and averts condensation issues in buildings. Properly fitted green insulation provides several benefits including financial and improvements in comfort thomeowners.
Residential segment tgrow with the highest CAGR during 2021-30
Global Green Building Materials Market is divided by End User intcommercial, residential and institutional. Residential segment held the largest market share in the year 2020 and will continue tdominate the market in the coming years. With the increasing health concerns among populace regarding the energy efficiency and rising disposable income, the construction of green buildings in residential sector is increasing. Besides, due tthe growing number of building regulations and policies mandating energy-efficient sustainable structures, the green building construction is rising.
Market Dynamics
Drivers
Growing government regulations for energy saving and environmental emissions
Increasing government policies and investments and pressure from environmental regulations regarding emissions are the major factors fueling the market growth. Tpromote green building construction, the government of various countries especially developed countries has started the programs and incentives which is spurring market growth. Furthermore, high-performance green construction, such as the U.S. Recovery and Reinvestment Act, is alsfacilitated by governments in different developed countries. Advent of new technology and rising research and development activities tanalyze efficient construction methods and building procedures is projected tfurther drive the demand for green building materials.
Increasing awareness among consumers regarding energy efficiency
Growing health concerns and responsibility towards environmental safety and rising demand for efficient energy usage is estimated tsurge the demand for green building materials in the coming years. Over the last few years, a significant increase has been seen in stress levels and associated health concerns among the populace. Home and work environments have a significant effect on an individual's well-being, contributing tan increased consumer tendency towards esthetically pleasing green buildings that look desirable and help relieve physical and mental issues at the same time. In addition, construction of green building provides various financial and economic advantages including low construction costs, cost savings on utility bills for households or occupants and high value of property.
Restraint
Dearth of raw materials
Lack of raw material, requirement of high initial cost and time-consuming process of construction is likely trestrict the market growth. The materials used in the construction of green buildings such as grass Crete, hempcrete, bamboo, rammed earth and wood are not usually available. The method of using these materials in construction entails exorbitant investment and requires skilled professional, which makes the process of construction green projects capital intensive.
Global Green Building Materials Market: Key Players
PPG Industries
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
E. I. du Pont de Nemours and Company
ForbInternational SA
Interface Inc.
Kingspan Group plc
Lafarge
BASF SE
Owens Corning
National Fiber
RedBuilt, LLC
CertainTeed Corporation
Binderholz GmbH
Bauder Limited
Alumasc Group
Other prominent players
Global Green Building Materials Market: Regions
Global Green Building Materials Market is segmented based on regional analysis intfive major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Green Building Materials Market in North America held the largest market share in the year 2020. North America will continue tdominate the global Green Building Materials Market because of the favorable government policies regarding the usage of green building materials in construction activities along with renovation activities. The construction industry in the region is expanding due tthe growing population and increased demand for houses. Mexichas been witnessing high demand for housing, for which, the region is attracting noticeable investment intconstruction. Hence all these favorable trends in the regional construction sector is anticipated tdrive the demand for green building materials.
Global Green Building Materials Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Green Building Materials Market report alscontains analysis on:
Green Building Materials Market Segments:
By Product
Structural
Interior
Exterior
Solar Products
Others
By Application
Insulation
Roofing
Framing
Interior Finishing
Exterior Siding
By End User
Commercial
Residential
Institutional
Green Building Materials Market Dynamics
Green Building Materials Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
1. EXECUTIVE SUMMARY
2. GLOBAL GREEN BUILDING MATERIALS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL GREEN BUILDING MATERIALS MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL GREEN BUILDING MATERIALS MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL GREEN BUILDING MATERIALS MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Product: Market Share (2020-2030F)
12.2.1. Structural, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Interior, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Exterior, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Solar Products, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Insulation, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Roofing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Framing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Interior Finishing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.5. Exterior Siding, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.6. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By End User: Market Share (2020-2030F)
12.4.1. Commercial, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Residential, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Institutional, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
14. PPG INDUSTRIES
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. E. I. DU PONT DE NEMOURS AND COMPANY
16. FORBO INTERNATIONAL SA
17. INTERFACE INC.
18. KINGSPAN GROUP PLC
19. LAFARGE
20. BASF SE
21. OWENS CORNING
22. NATIONAL FIBER
23. REDBUILT, LLC
24. CERTAINTEED CORPORATION
25. BINDERHOLZ GMBH
26. BAUDER LIMITED
27. ALUMASC GROUP
28. OTHER PROMINENT PLAYERS
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. GLOBAL GREEN BUILDING MATERIALS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL GREEN BUILDING MATERIALS MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL GREEN BUILDING MATERIALS MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL GREEN BUILDING MATERIALS MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Product: Market Share (2020-2030F)
12.2.1. Structural, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Interior, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Exterior, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.4. Solar Products, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.5. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Application: Market Share (2020-2030F)
12.3.1. Insulation, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Roofing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Framing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Interior Finishing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.5. Exterior Siding, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.6. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By End User: Market Share (2020-2030F)
12.4.1. Commercial, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Residential, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Institutional, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
14. PPG INDUSTRIES
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. E. I. DU PONT DE NEMOURS AND COMPANY
16. FORBO INTERNATIONAL SA
17. INTERFACE INC.
18. KINGSPAN GROUP PLC
19. LAFARGE
20. BASF SE
21. OWENS CORNING
22. NATIONAL FIBER
23. REDBUILT, LLC
24. CERTAINTEED CORPORATION
25. BINDERHOLZ GMBH
26. BAUDER LIMITED
27. ALUMASC GROUP
28. OTHER PROMINENT PLAYERS
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.