Green Building Materials Market Overview: Size, Share, Trends, and Forecasts

 Meticulous Research®, a prominent name in global market research, has recently published a detailed report titled ‘Green Building Materials Market by Type, Product (Exterior, Interior), Application (Roofing, Siding, Insulation, Flooring), Sector (Residential, Commercial) and Geography - Global Forecast to 2031’. According to this report, the green building materials market is projected to reach $791.8 billion by 2031, growing at a CAGR of 9.9% from 2024 to 2031.

This market’s growth is propelled by several factors, including an increasing need for energy-efficient buildings, broader acceptance of green materials across industries, and supportive government policies promoting sustainable construction practices. However, the high initial costs of green materials relative to traditional options could limit market growth.

Despite these challenges, the market offers substantial growth opportunities due to the rising emphasis on sustainability. Limited awareness of the advantages and accessibility of green materials, however, may slow market progress.

The report segments the market by type (recycled materials, natural materials, other materials), product (exterior, interior, solar, other products), application (roofing, insulation, flooring, siding, framing, other applications), and sector (residential, commercial, other sectors). It also provides a detailed analysis of competitors and market dynamics at regional and national levels.

Recycled materials are expected to dominate the market, holding over 54.0% of the share in 2024. This dominance is attributed to the growing use of recycled materials, increasing demand for sustainable solutions, and government initiatives aimed at reducing construction waste. The recycled materials segment is also expected to grow at the highest CAGR during the forecast period.

In terms of products, exterior products are forecasted to capture the largest share of over 43.0% in 2024. This growth is driven by rising demand for high-performance insulation and reflective roofing, increasing consumer awareness, and adoption of sustainable exterior products. The segment’s expansion is also due to the need for energy-efficient buildings and improved indoor air quality.

For applications, roofing is projected to hold a significant share of over 40.0% in 2024. This is due to the growing adoption of advanced roofing solutions in residential sectors, increased demand for materials that improve indoor comfort, and the push for energy-efficient roofing options. This segment is also expected to register the highest CAGR during the forecast period.

By sector, the residential segment is set to lead with over 42.0% of the market share in 2024. This is due to rising demand for energy-efficient homes, increased focus on sustainability, and stricter building regulations. The residential segment is also anticipated to grow at the highest rate over the forecast period.

Geographically, North America is expected to hold the largest share of over 35.0% in 2024. This is supported by the presence of major companies like PPG Industries, Inc., CertainTeed, LLC, Interface Inc., and DuPont de Nemours, Inc. The region's market strength is driven by a focus on energy-efficient building practices and significant investments in low-carbon construction materials.

In contrast, the Asia-Pacific region is projected to experience the highest CAGR of 11.0% during the forecast period. The region's growth is driven by increasing demand for eco-friendly materials, supportive governmental policies, and rapid development in countries such as Japan, South Korea, and India.

Key Players

The key players operating in the green building materials market are DuPont de Nemours, Inc. (U.S.), Holcim Group (Switzerland), Interface Inc. (U.S.), Kingspan Group plc (Ireland), Owens Corning (U.S.), PPG Industries, Inc. (U.S.), Sika AG (Switzerland), Bauder Ltd. (U.K.), Amvic Inc. (Canada), Binderholz GmbH (Germany), Alumasc Group Plc (U.K.), BASF SE (Germany), CertainTeed, LLC. (U.S.), Forbo International SA (Switzerland), and LG Hausys Ltd (South Korea).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5985

Key Questions Answered in the Report:

  • Which are the high-growth market segments in terms of material, product, application, and sector?
  • What was the historical market size for green building materials globally?
  • What are the market forecasts and estimates for 2024–2031?
  • What are the major drivers, restraints, opportunities, challenges, and trends in the green building materials market?
  • Who are the major players in the green building materials market, and what are their market shares?
  • What is the competitive landscape like?
  • What are the recent developments in the green building materials market?
  • What are the various growth strategies adopted by major market players?
  • What are the major market trends, and which are the high-growth countries?
  • Who are the local emerging players in the green building materials market, and how do they compete with other players?
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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