Dublin, July 26, 2024 (GLOBE NEWSWIRE) -- The "Green Building Materials - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Green Building Materials is estimated at US$436.9 Billion in 2023 and is projected to reach US$786.1 Billion by 2030, growing at a CAGR of 8.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the green building materials market is driven by several factors, including increasing consumer awareness of environmental issues, regulatory pressures, and advancements in sustainable technologies. As consumers become more conscious of the environmental impact of their choices, there is a growing demand for eco-friendly building materials that support sustainable living.
Regulatory frameworks and government incentives aimed at reducing carbon emissions and promoting energy efficiency are also propelling the market forward. For instance, tax credits and grants for green construction projects encourage the use of sustainable materials. Advancements in sustainable technologies, such as the development of new bio-based materials and improvements in recycling processes, are expanding the range of available green building materials.
Furthermore, the rise of green building certifications and standards is driving the adoption of these materials, as builders and developers seek to achieve higher levels of sustainability in their projects. Overall, the green building materials market is set for substantial growth, fueled by a combination of environmental, regulatory, and technological factors that underscore the importance of sustainable construction practices.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Green Building Materials Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Green Building Materials Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Structural Building Materials segment, which is expected to reach US$564.4 Billion by 2030 with a CAGR of a 9.4%. The Interior Building Materials segment is also set to grow at 7.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $114.3 Billion in 2023, and China, forecasted to grow at an impressive 13.0% CAGR to reach $201.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as American Hydrotech, Inc., Amvic, Inc., Andersen Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 203 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $436.9 Billion |
Forecasted Market Value (USD) by 2030 | $786.1 Billion |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Green Building Materials - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Consumer Awareness of Environmental Issues Throws the Spotlight on Green Building Materials
- Technological Advancements in Material Science Propel Growth in Sustainable Construction
- Rise of Green Building Certifications and Standards Strengthens Business Case for Sustainable Materials
- Innovations in Nanotechnology and Smart Materials Drives Adoption of Advanced Building Solutions
- Development of Bio-Based and Recycled Materials Generates Demand for Eco-Friendly Alternatives
- Adoption of Building Information Modeling (BIM) Optimizes Resource Utilization
- Integration of 3D Printing Technology Spurs Growth in Customized and Efficient Construction
- Improvements in Recycling Processes Expands Addressable Market Opportunity for Reclaimed Materials
- Demand for Energy-Efficient Insulation and Advanced Coatings Drives Adoption of Green Technologies
- Impact of Climate Change Awareness Sustains Growth in Eco-Conscious Building Practices
- Consumer Preference for Healthier Living Environments Boosts Demand for Low-VOC Products
- Increased Urbanization and Sustainable Urban Development Expands Addressable Market Opportunity
- Evolution of Green Building Practices and Design Trends Market Demand
- Social and Economic Impact of Sustainable Building Materials Generates Awareness and Adoption
- Future Outlook and Emerging Trends in Green Building Materials Fuel Innovation and Market Growth
FOCUS ON SELECT PLAYERS (Total 61 Featured)
- American Hydrotech, Inc.
- Amvic, Inc.
- Andersen Corporation
- BASF SE
- Bauder Ltd.
- CertainTeed Corporation
- Chengdu Onekin Green Building Materials Co., Ltd.
- Dow Inc.
- Firestone Building Products Company, LLC
- Fletcher Insulation Pty Limited
- Georgia-Pacific LLC
- Johns Manville Corporation
- Kingspan Group Plc
- Knauf Insulation Ltd.
- LafargeHolcim Ltd.
- LG Hausys, Ltd.
- LIXIL Group Corporation
- Norbord Inc.
- Owens Corning
- Rockwool International A/S
- Sika AG
- Standard Industries Inc.
- USG Corporation
- Xtratherm Limited
For more information about this report visit https://www.researchandmarkets.com/r/nagajs
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