Green building materials are composed of renewable resources instead of non-renewable resources. The construction of sustainable building involves several strategies during the operation of building projects and designing. Currently, there has been an increase in the usage of green building materials for designing of a building. The green building materials are beneficial to both building occupants and building owners. Some of its advantages are low maintenance and replacement cost, converses energy, reduces expense related to the changing space configurations, provides greater design flexibility, and improves occupant health and productivity.

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The major factors contributing to the growth of the global green building materials market include the increasing number of government initiatives to utilize environment-friendly & energy-efficient building standards and expansion in the construction activities. Green building materials decrease the impact of global warming and offer lower carbon emissions. These materials consume less water and are easy to maintain as compared to other building materials. The demand for these products is drastically increasing due to the various environmental benefits offered by them. Consumers and developers are emphasizing on using environment-friendly, energy-efficient, and cost-saving building materials. Moreover, the expansion in the construction activities due to the increasing demand for commercial and residential projects is further aiding the growth of the green building materials industry.

The U.S. Green Building Council (USGBC) has certified China, Brazil, South Korea, India, and Canada for green building codes. Other countries are also getting influenced by the European and U.S. Union to adopt for the green building codes in order to reduce the carbon footprint in the construction activities. However, the highly price sensitive consumers and uneven enforcement of energy regulation might restrain the industry’s growth.

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Based on the product, the market is segmented into structural, exterior, interior, and others. The Structural segment is projected to dominate the market over the forecast period. The Structural segment provide superior durability at low cost and decreases the carbon emissions, which in turn, improves the construction industry growth specifically in developing economies. All these factors are responsible for the growth of the segment in the coming years. On the other hand, the interior segment is expected to grow at a higher CAGR in the global green building materials market during the forecast period. Interior materials offer enhanced lighting, improved indoor air quality, and superior aesthetics. It also provides better control over air quality and humidity. All these properties are anticipated to increase the demand of the interior segment.

Based on the application, the market is segmented into framing, insulation, roofing, exterior siding, interior finishing, and others. Among these, the Insulation segment is projected to witness faster CAGR in the global green building materials market. The growth of insulation segment is aided by the rise in the construction activities, especially in the commercial and residential sector. The roofing segment is anticipated to lead the market over the forecast period. The increasing popularity of non-toxic recycled rubber as they are manufactured from recycled materials such as sludge, corrugated mixed paper, rubber, stone granules, and slag, will drive the demand for the roofing segment.

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Based on the region, the Europe region is anticipated to lead the global green building materials market during the forecast period. In Europe, stringent regulations to reduce GHG emissions and rapid climate changes have positively impacted the growth of the green building materials market. By 2030, countries have aimed to ensure zero energy building emission which will increase the market growth. On the other edge, the Asia-Pacific region is expected to grow at a higher CAGR over the forecast period as India and China have signed Paris climate agreement in order to prevent the climate change, which in turn, requires these countries to opt for green building materials. It is also due to the rising infrastructure development in the Asian countries, increasing population rate, and rapid industrialization in the Asia-Pacific region.

Various notable players operating in the global green building materials market include Alumasc Group plc, Bauder Ltd., Binderholz GmbH, CertainTeed, Redbuilt, PPG Industries, DuPont, Forbo International SA, Interface Inc., and Kingspan Group, among others.

Key Developments:

• • In 2020, DuPont developed the Next Generation of Styrofoam brand Insulation to decrease greenhouse (GHG) Emissions and Advance 2030 Sustainability Goals. The new, reduced GWP product is first launched in Canada and U.S., that have adopted 2021 HFC regulation as of April 1, 2020.

The global green building materials market has been segmented on basis of product, application, and regions. Based on product, the market is segmented into structural, exterior, interior and others. Based on Application, the market is segmented into framing, insulation, roofing, exterior siding, interior finishing, and others. Based on the region, the global green building materials market has been segmented into Asia-Pacific, Europe, North America, and RoW.

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Key questions answered in this research report:

• • At what pace is global green building materials market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global green building materials market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global green building materials market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various applications of global green building materials market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Alumasc Group plc, Bauder Ltd., Binderholz GmbH, CertainTeed, Redbuilt, PPG Industries, DuPont, Forbo International SA, Interface Inc., Kingspan Group, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Green Building Materials Market by Product

• • Structural
  • Exterior
  • Interior
  • Others

Global Green Building Materials Market by Application

• • Framing
  • Insulation
  • Roofing
  • Exterior Siding
  • Interior Finishing
  • Others

Global Green Building Materials Market by Region

• • North America Green Building Materials Market (Option 1: As a part of the free 25% customization)
    • North America Green Building Materials Market by Product
    • North America Green Building Materials Market by Application
    • US Green Building Materials Market All-Up
    • Canada Green Building Materials Market All-Up
  • Europe Green Building Materials Market (Option 2: As a part of the free 25% customization)
    • Europe Green Building Materials Market by Product
    • Europe Green Building Materials Market by Application
    • UK Green Building Materials Market All-Up
    • Germany Green Building Materials Market All-Up
    • France Green Building Materials Market All-Up
    • Spain Green Building Materials Market All-Up
    • Rest of Europe Green Building Materials Market All-Up
  • Asia-Pacific Green Building Materials Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Green Building Materials Market by Product
    • Asia-Pacific Green Building Materials Market by Application
    • China Green Building Materials Market All-Up
    • India Green Building Materials Market All-Up
    • Japan Green Building Materials Market All-Up
    • Rest of APAC Green Building Materials Market All-Up
  • RoW Green Building Materials Market (Option 4: As a part of the free 25% customization)
    • RoW Green Building Materials Market by Product
    • RoW Green Building Materials Market by Application
    • Brazil Green Building Materials Market All-Up
    • South Africa Green Building Materials Market All-Up
    • Saudi Arabia Green Building Materials Market All-Up
    • UAE Green Building Materials Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Green Building Materials Market All-Up

Global Green Building Materials Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Alumasc Group plc
  • Bauder Ltd.
  • Binderholz GmbH
  • CertainTeed
  • Redbuilt
  • PPG Industries
  • DuPont
  • Forbo International SA
  • Interface Inc.
  • Kingspan Group