Green Building Materials Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Application (Roofing, Flooring, Insulation and Others), By End-User (Industry, Residential, Non-residential and Others), By Region & Competition, 2019-2029F

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 503.19 billion

CAGR (2024-2029)

13.25%

Fastest Growing Segment

Non-residential

Largest Market

North America

Market Size (2029)

USD 1,071.16 billion





Market Overview

Global Green Building Materials Market was valued at USD 503.19 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 13.25% through 2029. The increasing awareness of climate change and the urgent need to reduce carbon emissions have led to a global commitment to sustainable development. International agreements, such as the Paris Agreement, set targets to limit global warming and promote environmentally responsible practices. As a result, governments worldwide are implementing stringent regulations and building codes that encourage or mandate the use of green building materials. This regulatory environment creates a strong market driver for manufacturers and suppliers of sustainable construction materials.

Key Market Drivers

Growing Environmental Concerns and Regulatory Initiatives

The increasing awareness of environmental issues, coupled with a rising sense of responsibility towards sustainable practices, has become a significant driver for the global green building materials market. Governments worldwide are implementing stringent regulations and standards to curb carbon emissions, promote energy efficiency, and reduce the overall environmental impact of construction activities. The construction industry is a major contributor to carbon emissions, energy consumption, and waste generation. In response to this, various countries have introduced green building codes and certifications, encouraging the use of eco-friendly construction materials.

In recent years, global initiatives such as the United Nations Sustainable Development Goals (SDGs) have also played a pivotal role in shaping the industry's direction. Goals like affordable and clean energy, sustainable cities and communities, and climate action have prompted increased adoption of green building materials. The push towards net-zero energy buildings and the incorporation of renewable energy sources in construction projects have further fueled the demand for materials that contribute to environmental sustainability.

As more countries recognize the urgency of addressing climate change and commit to reducing their carbon footprint, the demand for green building materials is expected to grow significantly. Market players are likely to benefit from aligning their product offerings with these evolving regulations and consumer preferences.

Cost Savings and Energy Efficiency

Another key driver for the global green building materials market is the growing emphasis on cost savings and energy efficiency in the construction industry. Green building materials, such as energy-efficient insulation, solar panels, and high-performance windows, contribute to reduced energy consumption and operational costs over the lifetime of a building. These materials often have higher upfront costs, but the long-term economic benefits, including lower utility bills and maintenance expenses, make them an attractive investment for builders and property owners.

Governments and organizations worldwide are promoting energy-efficient buildings through financial incentives, tax credits, and subsidies. This further encourages the adoption of green building materials as builders seek to capitalize on these economic advantages. Additionally, the rising awareness among consumers about the long-term cost benefits of green buildings has led to increased demand for sustainable construction practices.

Innovations in green building materials, such as the development of smart windows, advanced insulation materials, and energy-efficient HVAC systems, are continually enhancing the overall energy performance of buildings. As the construction industry continues to prioritize cost-effective and sustainable solutions, the global market for green building materials is poised for significant growth.

Increasing Consumer Awareness and Demand for Sustainable Living

A shifting societal mindset towards sustainability and environmental responsibility has led to a surge in consumer awareness and demand for green building materials. Homebuyers and tenants are increasingly seeking eco-friendly and energy-efficient properties, driving real estate developers and builders to incorporate green construction practices. The desire for healthier living environments, reduced carbon footprints, and sustainable lifestyles has become a crucial factor influencing purchasing decisions in the real estate sector.

Consumers are more informed than ever about the environmental impact of traditional construction materials, and this knowledge is steering them towards greener alternatives. Green building materials, such as recycled steel, bamboo, and low-VOC (volatile organic compound) paints, are gaining popularity as consumers prioritize sustainable and non-toxic options for their homes and workplaces.

The rise of green building certifications, such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method), further underscores the increasing demand for sustainable construction. These certifications provide assurance to consumers that a building meets specific environmental performance criteria, encouraging builders to use green materials to attain certification and differentiate their properties in the market.

As consumer preferences continue to shift towards environmentally conscious choices, the global green building materials market is expected to witness sustained growth. Manufacturers and suppliers in the construction industry are likely to benefit from aligning their product portfolios with the evolving demands of an environmentally conscious consumer base.


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Key Market Challenges

High Initial Costs and Perception of Affordability

One of the significant challenges facing the global green building materials market is the perceived high initial costs associated with adopting sustainable construction practices. Green building materials often come with a premium price tag compared to conventional alternatives, making it challenging for some builders and developers to justify the upfront investment. This challenge is particularly pronounced in emerging economies where construction budgets are tight, and there is a strong emphasis on minimizing initial expenses.

Despite the long-term cost savings associated with energy-efficient and durable green building materials, many stakeholders in the construction industry focus on short-term financial considerations. Builders and developers may be hesitant to invest in green technologies, fearing that higher upfront costs could affect their competitiveness in the real estate market. Overcoming this challenge requires a shift in mindset, coupled with effective communication strategies to highlight the economic benefits, such as reduced energy bills and maintenance expenses, that green building materials offer over the building's lifecycle.

Governments and industry stakeholders can play a crucial role in addressing this challenge by providing financial incentives, tax breaks, and subsidies for projects incorporating green building materials. Additionally, advancements in technology and increased market competition may contribute to the gradual reduction of the costs associated with manufacturing and installing green building materials, making them more accessible to a broader range of construction projects.

Limited Availability and Standardization of Green Materials

The availability and standardization of green building materials pose another significant challenge for the global market. While there is a growing demand for sustainable construction materials, the supply chain for these materials can be limited, especially in regions with less developed infrastructure or regulatory support for green building practices. The availability of specific materials may vary depending on geographical location, resulting in logistical challenges and increased costs for transporting materials to construction sites.

The lack of standardized definitions and certification processes for green building materials can lead to confusion and uncertainty among industry stakeholders. Different countries may have their own sets of standards and certifications, making it challenging for manufacturers to navigate the global market. This lack of standardization can also hinder the scalability and interoperability of green building materials, limiting their widespread adoption.

To address this challenge, there is a need for increased collaboration among industry players, governments, and international organizations to establish common standards for green building materials. This would facilitate a more streamlined supply chain, reduce costs, and enhance market transparency. Additionally, research and development efforts should focus on creating innovative and sustainable materials that can meet both regional and global construction needs.

Resistance to Change and Limited Awareness

Resistance to change within the construction industry, coupled with limited awareness among key stakeholders, poses a significant hurdle for the global green building materials market. Traditional construction methods and materials have deep-rooted practices, and convincing builders, architects, and contractors to adopt new and sustainable approaches can be met with resistance.

Industry professionals may be hesitant to deviate from familiar practices, fearing potential disruptions to project timelines, increased training requirements, and uncertainties regarding the performance of green building materials. Overcoming this challenge requires targeted education and awareness campaigns to inform stakeholders about the benefits of green building materials, dispel myths, and showcase successful case studies.

Incorporating sustainable construction practices into academic curricula for architects, engineers, and construction professionals can contribute to a future workforce that is well-versed in green building methods. Government initiatives, industry associations, and non-profit organizations can collaborate to organize training programs, workshops, and seminars to bridge the knowledge gap and promote a more sustainable mindset within the construction sector.

Addressing the challenges facing the global green building materials market requires a multi-faceted approach involving collaboration among governments, industry players, and educational institutions. By overcoming these challenges, the construction industry can accelerate the adoption of sustainable practices and contribute to a more environmentally friendly and resilient built environment.

Key Market Trends

Circular Economy Integration in Green Building Materials

A prominent trend in the global green building materials market is the increasing integration of the circular economy principles into the manufacturing and usage of construction materials. The circular economy aims to minimize waste, promote resource efficiency, and extend the lifespan of products by emphasizing recycling, reuse, and sustainable sourcing. This trend is particularly relevant in the construction sector, where traditional practices generate substantial waste and consume vast amounts of resources.

In response to the growing focus on sustainability, many manufacturers are adopting circular economy principles to design and produce green building materials. This involves using recycled content, salvaged materials from demolished structures, and implementing closed-loop systems that facilitate the recovery and reuse of materials at the end of a building's life. For example, recycled steel, reclaimed wood, and recycled glass are gaining popularity as primary components in green building materials.

Circular economy integration offers several advantages for the industry. It helps reduce the environmental impact of construction by decreasing the demand for virgin raw materials, lowering energy consumption in manufacturing processes, and diverting waste from landfills. Additionally, circular practices contribute to a more resilient and resource-efficient construction sector, aligning with global sustainability goals.

As the demand for circular and sustainable building practices continues to rise, it is expected that manufacturers will increasingly invest in research and development to create innovative green building materials that adhere to circular economy principles. Governments and industry organizations are likely to play a crucial role by incentivizing circular practices and establishing regulations that promote the use of recycled and repurposed materials in construction projects. This trend not only addresses environmental concerns but also positions the green building materials market as a key player in fostering a more sustainable and circular construction industry.

Technological Advancements and Smart Green Building Materials

Another notable trend in the global green building materials market is the integration of advanced technologies and smart features into sustainable construction materials. As the construction industry embraces the concept of smart buildings and the Internet of Things (IoT), green building materials are evolving to meet the demand for enhanced performance, energy efficiency, and occupant comfort.

Smart green building materials encompass a range of innovations, including energy-efficient sensors, responsive facades, and materials with self-healing properties. For instance, smart windows equipped with sensors can adjust their transparency based on external conditions, optimizing natural light and reducing the need for artificial lighting and heating. Additionally, the development of materials with self-healing capabilities, such as concrete that can repair its own cracks, contributes to the longevity and durability of structures.

The integration of technology not only enhances the performance of green building materials but also aligns with the broader trend of creating intelligent and sustainable buildings. These innovations not only contribute to energy efficiency but also improve the overall functionality and comfort of buildings, addressing the evolving needs of both commercial and residential spaces.

As the demand for smart buildings continues to rise, the market for technologically advanced green building materials is expected to expand. Manufacturers will likely invest in research and development to create materials that seamlessly integrate with building automation systems, enabling a more connected and efficient built environment. Government incentives and regulations promoting energy-efficient and smart construction practices will further accelerate the adoption of these advanced green building materials. The convergence of sustainability and technology represents a transformative trend that is reshaping the future of the construction industry.

Segmental Insights

End-User Insights

The Residential segment dominated the Global Green Building Materials in 2023. The residential sector is a significant contributor to the global green building materials market, as homeowners increasingly prioritize sustainability, energy efficiency, and eco-friendly practices. The adoption of green building materials in residential construction is influenced by factors such as environmental consciousness, government regulations, and the desire for energy savings.

In the residential segment, a key trend is the increasing demand for high-performance insulation materials. Green insulation options, such as recycled fiberglass, cellulose, and foam boards, are gaining popularity due to their energy efficiency and reduced environmental impact. These materials enhance the thermal performance of homes, reducing energy consumption for heating and cooling. As energy efficiency becomes a priority for homeowners, builders are incorporating these green insulation materials to meet stringent standards and certifications.

Ongoing research and development in insulation technologies are driving innovations in the residential sector. Advanced insulation materials with properties such as aerogels or phase-change materials are gaining attention for their ability to provide superior insulation while minimizing material usage. As homeowners seek to improve the comfort of their homes and reduce energy bills, the residential market for green insulation materials is expected to witness sustained growth.

The residential segment of the global green building materials market is witnessing significant growth driven by the increasing awareness of sustainability, energy efficiency, and eco-friendly living. Insulation materials, sustainable flooring options, and eco-friendly paints and finishes are among the key contributors to this growth.


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Regional Insights

North America emerged as the dominating region in 2023, holding the largest market share. North America has been a key region in driving the adoption of green building materials, reflecting a growing awareness of environmental sustainability, stringent building codes, and a commitment to reducing the carbon footprint in the construction industry.

Energy efficiency is a significant focus in North America, given the region's commitment to reducing energy consumption and carbon emissions. Green building materials that contribute to improved insulation, energy-efficient lighting, and solar technologies align with energy efficiency standards. As a result, there is a growing demand for materials that comply with these standards, providing opportunities for manufacturers and suppliers in the green building materials market.

In North America, there is a heightened awareness among consumers about the environmental impact of construction activities. Homeowners and businesses increasingly prefer sustainable and eco-friendly building materials for new construction and renovation projects. This shift in consumer preferences is driving the market for green building materials, as individuals seek energy-efficient homes, healthier indoor environments, and reduced long-term operational costs.

Large corporations and businesses in North America are incorporating sustainability into their real estate strategies. Many companies are committing to constructing or retrofitting their buildings with green materials to align with corporate social responsibility goals and demonstrate environmental leadership. This trend is not only influencing the commercial building sector but is also contributing to the overall growth of the green building materials market in the region.

North America is a hub for research and development in green building technologies. Innovations in materials science, sustainable manufacturing processes, and the development of advanced green building materials are driving market growth. Investments in research facilities and collaborations between academia, government agencies, and private industries contribute to the continuous evolution of green building materials, ensuring that North America remains at the forefront of sustainable construction practices.

The integration of smart building technologies with green building materials is gaining momentum in North America. The use of sensors, automation, and energy management systems enhances the performance and efficiency of buildings. For example, smart windows that adjust transparency based on external conditions contribute to energy savings. The convergence of smart technologies with green building materials aligns with the region's focus on technological innovation and sustainability, creating opportunities for market players to offer cutting-edge solutions.

The North American market for green building materials is characterized by stringent regulations, a growing demand for sustainability, ongoing technological advancements, and a focus on innovation.

Recent Developments.

  • In April 2024, Navrattan Group announced plans to introduce 'Green cement' to the Indian market in the near future. Positioned as a game-changing innovation, this product aims to meet the increasing need for sustainable building materials without compromising on quality, performance, or longevity.

Key Market Players

  • Acoustical Surfaces, Inc.
  • Cemex S.A.B. de C.V.
  • Forbo Managemement SA
  • Henkel Corporation
  • SIKA AG
  • Magicrete Building Solutions Pvt. Ltd.
  • Momentive Performance Materials, Inc.
  • National Fiber Technology, LLC
  • Novagard Solutions, Inc.
  • BASF SE

By Application

By End-User

By Region
  • Roofing
  • Flooring
  • Insulation
  • Others
  • Industry
  • Residential
  • Non-residential
  • Others
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Green Building Materials Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Green Building Materials Market, By Application:

o   Roofing

o   Flooring

o   Insulation

o   Others

  • Green Building Materials Market, By End-User:

o   Industry

o   Residential

o   Non-residential

o   Others                     

  • Green Building Materials Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Netherlands

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Thailand

§  Malaysia

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Green Building Materials Market.

Available Customizations:

Global Green Building Materials Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Green Building Materials Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.         Product Overview

1.1.    Market Definition

1.2.    Scope of the Market

1.2.1.Markets Covered

1.2.2.Years Considered for Study

1.2.3.Key Market Segmentations

2.         Research Methodology

2.1.    Objective of the Study

2.2.    Baseline Methodology

2.3.    Formulation of the Scope

2.4.    Assumptions and Limitations

2.5.    Sources of Research

2.5.1.Secondary Research

2.5.2.Primary Research

2.6.    Approach for the Market Study

2.6.1.The Bottom-Up Approach

2.6.2.The Top-Down Approach

2.7.    Methodology Followed for Calculation of Market Size & Market Shares

2.8.    Forecasting Methodology

2.8.1.Data Triangulation & Validation

3.         Executive Summary

4.         Impact of COVID-19 on Global Green Building Materials Market

5.         Voice of Customer

6.         Global Green Building Materials Market Overview

7.         Global Green Building Materials Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.2.    Market Share & Forecast

7.2.1.By Application (Roofing, Flooring, Insulation and Others)

7.2.2.By End-User (Industry, Residential, Non-residential and Others)

7.2.3.By Region (North America, Europe, South America, Middle East & Africa, Asia-Pacific)

7.3.    By Company (2023)

7.4.    Market Map

8.         North America Green Building Materials Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.2.    Market Share & Forecast

8.2.1.By Application

8.2.2.By End-User

8.2.3.By Country

8.3.    North America: Country Analysis

8.3.1.United States Green Building Materials Market Outlook

8.3.1.1.      Market Size & Forecast

8.3.1.1.1.    By Value

8.3.1.2.      Market Share & Forecast

8.3.1.2.1.    By Application

8.3.1.2.2.    By End-User

8.3.2.Canada Green Building Materials Market Outlook

8.3.2.1.      Market Size & Forecast

8.3.2.1.1.    By Value

8.3.2.2.      Market Share & Forecast

8.3.2.2.1.    By Application

8.3.2.2.2.    By End-User

8.3.3.Mexico Green Building Materials Market Outlook

8.3.3.1.      Market Size & Forecast

8.3.3.1.1.    By Value

8.3.3.2.      Market Share & Forecast

8.3.3.2.1.    By Application

8.3.3.2.2.    By End-User

9.         Europe Green Building Materials Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.2.    Market Share & Forecast

9.2.1.By Application

9.2.2.By End-User

9.2.3.By Country

9.3.    Europe: Country Analysis

9.3.1.Germany Green Building Materials Market Outlook

9.3.1.1.      Market Size & Forecast

9.3.1.1.1.    By Value

9.3.1.2.      Market Share & Forecast

9.3.1.2.1.    By Application

9.3.1.2.2.    By End-User

9.3.2.France Green Building Materials Market Outlook

9.3.2.1.      Market Size & Forecast

9.3.2.1.1.    By Value

9.3.2.2.      Market Share & Forecast

9.3.2.2.1.    By Application

9.3.2.2.2.    By End-User

9.3.3.United Kingdom Green Building Materials Market Outlook

9.3.3.1.      Market Size & Forecast

9.3.3.1.1.    By Value

9.3.3.2.      Market Share & Forecast

9.3.3.2.1.    By Application

9.3.3.2.2.    By End-User

9.3.4.Italy Green Building Materials Market Outlook

9.3.4.1.      Market Size & Forecast

9.3.4.1.1.    By Value

9.3.4.2.      Market Share & Forecast

9.3.4.2.1.    By Application

9.3.4.2.2.    By End-User

9.3.5.Spain Green Building Materials Market Outlook

9.3.5.1.      Market Size & Forecast

9.3.5.1.1.    By Value

9.3.5.2.      Market Share & Forecast

9.3.5.2.1.    By Application

9.3.5.2.2.    By End-User

9.3.6.Netherlands Green Building Materials Market Outlook

9.3.6.1.      Market Size & Forecast

9.3.6.1.1.    By Value

9.3.6.2.      Market Share & Forecast

9.3.6.2.1.    By Application

9.3.6.2.2.    By End-User

9.3.7.Belgium Green Building Materials Market Outlook

9.3.7.1.      Market Size & Forecast

9.3.7.1.1.    By Value

9.3.7.2.      Market Share & Forecast

9.3.7.2.1.    By Application

9.3.7.2.2.    By End-User

10.      South America Green Building Materials Market Outlook

10.1. Market Size & Forecast

10.1.1.     By Value

10.2. Market Share & Forecast

10.2.1.     By Application

10.2.2.     By End-User

10.2.3.     By Country

10.3. South America: Country Analysis

10.3.1.     Brazil Green Building Materials Market Outlook

10.3.1.1.   Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2.   Market Share & Forecast

10.3.1.2.1. By Application

10.3.1.2.2. By End-User

10.3.2.     Colombia Green Building Materials Market Outlook

10.3.2.1.   Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2.   Market Share & Forecast

10.3.2.2.1. By Application

10.3.2.2.2. By End-User

10.3.3.     Argentina Green Building Materials Market Outlook

10.3.3.1.   Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2.   Market Share & Forecast

10.3.3.2.1. By Application

10.3.3.2.2. By End-User

10.3.4.     Chile Green Building Materials Market Outlook

10.3.4.1.   Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2.   Market Share & Forecast

10.3.4.2.1. By Application

10.3.4.2.2. By End-User

11.      Middle East & Africa Green Building Materials Market Outlook

11.1. Market Size & Forecast

11.1.1.     By Value

11.2. Market Share & Forecast

11.2.1.     By Application

11.2.2.     By End-User

11.2.3.     By Country

11.3. Middle East & Africa: Country Analysis

11.3.1.     Saudi Arabia Green Building Materials Market Outlook

11.3.1.1.   Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2.   Market Share & Forecast

11.3.1.2.1. By Application

11.3.1.2.2. By End-User

11.3.2.     UAE Green Building Materials Market Outlook

11.3.2.1.   Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2.   Market Share & Forecast

11.3.2.2.1. By Application

11.3.2.2.2. By End-User

11.3.3.     South Africa Green Building Materials Market Outlook

11.3.3.1.   Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2.   Market Share & Forecast

11.3.3.2.1. By Application

11.3.3.2.2. By End-User

11.3.4.     Turkey Green Building Materials Market Outlook

11.3.4.1.   Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2.   Market Share & Forecast

11.3.4.2.1. By Application

11.3.4.2.2. By End-User

12.      Asia-Pacific Green Building Materials Market Outlook

12.1. Market Size & Forecast

12.1.1.     By Value

12.2. Market Share & Forecast

12.2.1.     By Application

12.2.2.     By End-User

12.2.3.     By Country

12.3. Asia-Pacific: Country Analysis

12.3.1.     China Green Building Materials Market Outlook

12.3.1.1.   Market Size & Forecast

12.3.1.1.1. By Value

12.3.1.2.   Market Share & Forecast

12.3.1.2.1. By Application

12.3.1.2.2. By End-User

12.3.2.     India Green Building Materials Market Outlook

12.3.2.1.   Market Size & Forecast

12.3.2.1.1. By Value

12.3.2.2.   Market Share & Forecast

12.3.2.2.1. By Application

12.3.2.2.2. By End-User

12.3.3.     Japan Green Building Materials Market Outlook

12.3.3.1.   Market Size & Forecast

12.3.3.1.1. By Value

12.3.3.2.   Market Share & Forecast

12.3.3.2.1. By Application

12.3.3.2.2. By End-User

12.3.4.     South Korea Green Building Materials Market Outlook

12.3.4.1.   Market Size & Forecast

12.3.4.1.1. By Value

12.3.4.2.   Market Share & Forecast

12.3.4.2.1. By Application

12.3.4.2.2. By End-User

12.3.5.     Australia Green Building Materials Market Outlook

12.3.5.1.   Market Size & Forecast

12.3.5.1.1. By Value

12.3.5.2.   Market Share & Forecast

12.3.5.2.1. By Application

12.3.5.2.2. By End-User

12.3.6.     Thailand Green Building Materials Market Outlook

12.3.6.1.   Market Size & Forecast

12.3.6.1.1. By Value

12.3.6.2.   Market Share & Forecast

12.3.6.2.1. By Application

12.3.6.2.2. By End-User

12.3.7.     Malaysia Green Building Materials Market Outlook

12.3.7.1.   Market Size & Forecast

12.3.7.1.1. By Value

12.3.7.2.   Market Share & Forecast

12.3.7.2.1. By Application

12.3.7.2.2. By End-User

13.      Market Dynamics

13.1. Drivers

13.2. Challenges

14.      Market Trends and Developments

15.      Company Profiles

15.1.  Acoustical Surfaces, Inc.

15.1.1.     Business Overview

15.1.2.     Key Revenue and Financials  

15.1.3.     Recent Developments

15.1.4.     Key Personnel/Key Contact Person

15.1.5.     Key Product/Services Offered

15.2.  Cemex S.A.B. de C.V.

15.2.1.     Business Overview

15.2.2.     Key Revenue and Financials  

15.2.3.     Recent Developments

15.2.4.     Key Personnel/Key Contact Person

15.2.5.     Key Product/Services Offered

15.3.  Forbo Management SA

15.3.1.     Business Overview

15.3.2.     Key Revenue and Financials  

15.3.3.     Recent Developments

15.3.4.     Key Personnel/Key Contact Person

15.3.5.     Key Product/Services Offered

15.4.  Henkel Corporation

15.4.1.     Business Overview

15.4.2.     Key Revenue and Financials  

15.4.3.     Recent Developments

15.4.4.     Key Personnel/Key Contact Person

15.4.5.     Key Product/Services Offered

15.5.  SIKA AG

15.5.1.     Business Overview

15.5.2.     Key Revenue and Financials  

15.5.3.     Recent Developments

15.5.4.     Key Personnel/Key Contact Person

15.5.5.     Key Product/Services Offered

15.6.  Magicrete Building Solutions Pvt. Ltd.

15.6.1.     Business Overview

15.6.2.     Key Revenue and Financials  

15.6.3.     Recent Developments

15.6.4.     Key Personnel/Key Contact Person

15.6.5.     Key Product/Services Offered

15.7.  Momentive Performance Materials Inc.

15.7.1.     Business Overview

15.7.2.     Key Revenue and Financials  

15.7.3.     Recent Developments

15.7.4.     Key Personnel/Key Contact Person

15.7.5.     Key Product/Services Offered

15.8.  National Fiber Technology, LLC

15.8.1.     Business Overview

15.8.2.     Key Revenue and Financials  

15.8.3.     Recent Developments

15.8.4.     Key Personnel/Key Contact Person

15.8.5.     Key Product/Services Offered

15.9.  Novagard Solutions, Inc.

15.9.1.     Business Overview

15.9.2.     Key Revenue and Financials  

15.9.3.     Recent Developments

15.9.4.     Key Personnel/Key Contact Person

15.9.5.     Key Product/Services Offered

15.10.   BASF SE

15.10.1.   Business Overview

15.10.2.   Key Revenue and Financials  

15.10.3.   Recent Developments

15.10.4.   Key Personnel/Key Contact Person

15.10.5.   Key Product/Services Offered

16.      Strategic Recommendations

17.      About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Green Building Materials Market was USD 503.19 billion in 2023.

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The Residential segment demonstrated significant dominance in 2023. The residential segment plays a vital role in driving the global green building materials market, as homeowners place greater emphasis on sustainability, energy efficiency, and environmentally friendly practices. Factors such as growing environmental awareness, regulatory measures by governments, and the quest for energy conservation influence the uptake of green building materials in residential construction.

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North America dominated the market in 2023. North America, particularly the United States and Canada, has implemented strict regulations and building codes to promote sustainable construction practices. These regulations mandate the use of eco-friendly building materials, driving the demand for green building materials in the region.

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Increasing Consumer Awareness, Cost Savings and Long-Term Benefits and Demand for Sustainable Living are some of the major drivers for the Global Green Building Materials Market.

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Srishti Verma

Business Consultant
Press Release

Green Building Materials Market is expected to grow at a CAGR of 13.25% through 2029

Sep, 2024

Global Green Building Materials Market is expected to grow owing to escalating awareness of environmental sustainability and stringent regulations promoting eco-friendly construction practices throug

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