With a focus on usability, this report equips professionals with the latest industry insights to stay ahead in the competitive green building materials market.
How Fast Is The Green Building Materials Market Growing Towards 2025?
The green building materials market size has grown strongly in recent years. It will grow from $336.46 billion in 2024 to $369.03 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased construction activities in developing regions, favorable government policies for green buildings, increase in population growth, increasing industrialization, low-interest rate environment, and technology development.
The green building materials market size is expected to see strong growth in the next few years. It will grow to $530.33 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to an increased need for sustainable and eco-friendly solutions, rising demand for energy-efficient buildings, and increasing applications of green building materials in residential and non-residential sectors. Major trends in the forecast period include focus on environment-friendly building materials, focus on mass timber technology, focus on adopting mineral wool insulation technique, focus on green cement, focus on eco-friendly paints, focus on new product launches, and focus on partnerships and collaborations.
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Green Building Materials Market Drivers And Opportunities
The increase in demand for green buildings is expected to drive the growth of the green building materials market in the coming years. Green building is the discipline of designing structures and employing procedures from site selection to design, construction, operation, service, remodeling, and deconstruction that are ecologically responsible and resource-efficient. As green building materials are utilized to produce green buildings, the demand for green building materials is also expanding. For instance, in April 2022, according to a report published by CBRE India, a commercial real estate services and investments company, green building has received a lot of attention over the past five years. During that time, the supply of green-certified buildings increased by 37%, adding 78 million square feet of certified stock. Therefore, increasing demand for green buildings is driving the growth of the green building materials market.
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
What Are The Future Trends Of The Green Building Materials Market?
Major companies operating in the green building materials market are focused on innovative extruded polystyrene insulation (XPS) products to enhance energy efficiency, reduce environmental impact, and meet growing consumer demand for sustainable construction solutions. For instance, in June 2023, according to a report by the American Chemistry Council, a US-based trade association, DuPont launched the Styrofoam Brand ST-100 XPS Insulation. This product utilizes a low-GWP (Global Warming Potential) blowing agent that reduces embodied carbon by 94% over its life cycle compared to previous versions. The new formulation retains critical properties such as mechanical strength, moisture resistance, and fire safety.
Major Companies Operating In The Green Building Materials Market Are:
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
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Regional Analysis: Opportunities And Challenges In The Green Building Materials Market
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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