Over the past few years, the global green building market has been witnessing a healthy growth. This can be accredited to the benefits of green building materials such as durability, sustainability and energy-efficiency. Along with this, progress in technology and multiple initiatives is also strengthening the market growth.

Request for a free sample copy of this report: https://www.imarcgroup.com/green-building-materials-market/requestsample

green building materials market size

green building materials market size

IMARC Group, entitled " Green Building Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 ", the global green building materials market reached a value of around US $ 200 Billion in 2017. Green building refers to the construction of structures using processes which are eco-friendly and resource-efficient. These structures are built using green building materials that help reduce the emissions of greenhouse gases and the impact of manufacturing processes. Some of the world's most important materials include aluminum, thatch, mud, clay, fabric, glass, steel, wood, durisol, ceramic, limestone and rammed earth. As these materials are procured from renewable waste products,

View Report TOC, Figures and Tables: https://www.imarcgroup.com/green-building-materials-market

On account of their various advantages, green building materials are considered ideal for the construction of residential and non-residential buildings. Over the past few years, the construction industry has witnessed a rapid pace of change with the use of green building materials, particularly in the emerging economies. Apart from this, the government is encouraged to use green building materials. For instance, China has a national rating system, namely Green Building Label (GBEL), which is managed by the Ministry of Housing and Urban-Rural Develop (MOHURD). Moreover, the presence of a large number of manufacturers is aiding the sourcing of materials. Further,The oversupply of green building materials coupled with advancements is expected to lower their prices, in turn, contributing to the growth of the market. Looking forward, the market value is projected to reach US $ 388 Billion by 2023, expanding at a CAGR of 11.7% during 2018-2023.

Insights on Market Segmentation:

Market Breakup by Application:

1. Insulation

2. Roofing

3. Framing

4. Interior Finishing

5. Exterior Siding

6. Others

Based on application, insulation represents the largest segment which is followed by roofing, framing, interior finishing, exterior siding and others. Insulation helps in providing resistance to heat flow.

Market Breakup by Region:

1. Europe

2. North America

3. Asia Pacific

4. Middle East and Africa

5. Latin America

North America, Asia Pacific, Middle East and Africa, and Latin America. Presently, Europe is the biggest market, holding the majority of the global share.

Competitive Landscape:

The competitive landscape of the market has been reviewed by Alumasc Group Plc, Bauder Limited, Binderholz GmbH and CertainTeed Corporation; RedBuilt, LLC; PPG Industries, DuPont, Forbo International SA, Interface Inc., Kingspan Group plc, Lafarge, BASF SE, Owens Corning and National Fiber.

About Us

IMARC Group is a leading market research firm that offers management strategy and market research worldwide. We partner with customers in their sectors to identify their highest-value opportunities, their most critical challenges, and their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, nanotechnology and novel processing methods are at the top of the company's expertise.

Contact us

IMARC Group
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: + 1-631-791-1145
Follow us on twitter: @imarcglobal

Retour à l'accueil