Green buildings which is also popularly known as green construction or sustainable buildings are buildings which make utilization of resource-efficient and environment-friendly processes to design, construct, maintain, renovate and operate all through the lifecycle. The best part is these materials does not harm the environment as it does not cause pollution. Green building materials are largely used in the construction industry for addressing numerous environment challenges such as loss of biodiversity, contamination of water resources, atmospheric pollution, natural resource depletion and anomalous climate change. Various forms of green building materials are accessible in the market namely fiber-cement composites, galvalume panels, and linoleum. This material offers specific perks to building occupants and building owners such as greater design flexibility, lower costs related to changing space configurations, productivity and improved occupant health, energy conservation and reduced replacement/maintenance costs of the building. In comparison to conventional buildings, green buildings have an upper hand due to its wonderful features namely high ROI, energy and water efficiency, easy maintenance and efficient technology. These buildings will also ensure improved mental and physical health of inhabitants, waste reduction and temperature moderation.
There are plentiful factors that is boosting the growth of the green building materials market. These factors include favorable government policies, the materials’ emission reduction potential, high asset value, growing awareness about green materials, increase in market and client demand for green building materials, improved worker productivity on account of healthier indoor environment, drop in operating costs and alluring features such as low water requirements and low maintenance cost. On the contrary, scarcity of skilled professionals, time-consuming construction process, scarcity of raw materials and higher initial costs are factors that may impede the growth of the green building materials market over the assessment period.
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Key Players
Leading players profiled in the green building materials market include –
- Owens Corning
- BASF SE
- Lafarge Company
- Kingspan Limited
- Forbo International SA
- E. I. du Pont de Nemours and Company
- PPG Industries Inc.
- RedBuilt LLC
- LG Hausys Ltd.
- CertainTeed Corporation
- Homasote Company
- Wienerberger AG
- Binderholz GmbH
- Wienerberger AG
- Bauder Ltd.
- Alumasc Group plc.
The global green building materials market size was valued at around USD 158 Billion in 2015 and is expected to cross USD 245 Billion at CAGR of 17% by 2022.
Industry Update
May 2019- Bodega Garzon is the First Winery to attain LEED Silver Certification for its entire facility. It uses regional materials of the highest percentage and with regards to green power has exemplary performance thereby reducing emissions considerably. This winery has created a biodiverse environment along with optimizing energy efficiency having the largest green roof.
Market Segmentation
MRFR report provides an extensive segmental analysis of the green building materials market on the basis of application and end-use.
Based on application, it is segmented into industrial, infrastructure, commercial and residential.
Based on end-use, the green building materials market is segmented into roofing, framing, insulation, interior finishing, exterior siding and others. Of these, insulation will have the largest share in the market over the assessment period.
Regional Analysis
By region, the green building materials market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. Of these, North America will account for the largest share in the market over the assessment period. This is owing to growing demand for energy saving construction buildings, growing consumer awareness about economic and environmental benefits and non-government and government regulations for energy efficiency practices. North America is predicted to hold its position in the future due to the favorable policies and building codes concerning the use of green building materials in the construction industry and growing renovation activities. The green building materials market in the Asia Pacific region is predicted to grow at the fastest pace over the assessment period. This is owing to the increasing residential construction sector here. Climate agreement signed by China and India for restraining the climate change and growing infrastructure development is predicted to fuel the market growth in this region.
Target Audience
- Manufactures
- Raw Materials Suppliers
- Aftermarket supplier
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Scope of Report
The report for Global Green Building Materials Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Study Objectives of Global Green Building Materials Market
- To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Green Building Materials Market
- To provide insights about factors affecting the market growth
- To Analyze the Global Green Building Materials Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by Application, End-use and by Region.
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Green Building Materials Market
List of Tables
Table 1 World Population by Major Regions (2015 to 2030) (Million)
Table 2 Global Green Building Materials Market: by Region, 2014-2022 (Usd Million)
Table 3 Global Green Building Materials Market: by Region, 2014-2022 (Kt)
Table 4 North America Green Building Materials Market: by Country, 2014-2022 (Usd Million)
Table 5 Europe Green Building Materials Market: by Country, 2014-2022 (Usd Million)
Table 6 Asia-pacific Green Building Materials Market: by Country, 2014-2022 (Usd Million)
Table 7 Row Green Building Materials Market: by Country, 2014-2022 (Usd Million)
Table 8 Global Green Building Materials Market: by Regions, 2014-2022 (Usd Million)
Continued……..
List of Figures
Figure 1 Global Green Building Materials Market Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Green Building Materials Market
Figure 4 Value Chain of Global Green Building Materials Market
Figure 5 Share of Global Green Building Materials Market in 2014, by Country (in %)
Figure 6 Global Green Building Materials Market, 2015-2022, (Usd Billion)
Figure 7 Sub-segments of Global Green Building Materials Market
Figure 8 Global Green Building Materials Market Size by Application
Continued……
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