Green Building Market Growth Drivers and Opportunities by 2031
The Green Building Market is expected to register a CAGR of 11.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Product Type (Insulation, Roofing and Siding, Interior Products, Building Systems, Others); Building Type (Residential, Non-residential). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Green Building Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Green Building Market Segmentation
Product Type- Insulation
- Roofing and Siding
- Interior Products
- Building Systems
- Others
- Residential
- Non-residential
Strategic Insights
Green Building Market Growth Drivers- Growing Focus on Infrastructure Development : The increasing demand of infrastructure development is having a positive impact on the green construction and renovation activities. Studies have indicated that green projects can create asset values of more than 9%. This means investors and property developers are interested in the projects because of the high value that such projects generate.
- Increasing Social Awareness Regarding Environmental Issues: Consumers and businesses are increasing their social and environmental consciousness. Thus, demand for sustainable building technique is growing. This change is pushing the developers to practice green building standards to meet the customer's expectations and to abide by the regulatory requirements.
- Advanced technologies integration: Advanced technologies, like artificial intelligence and smart building systems, present a sound opportunity for the green building market. These technologies can encourage energy efficiency, optimize resource utilization, and mostly boost performance, making green buildings more attractive to investors.
- Investing on Sustainability: The growing demand for sustainable products and services is growing. Green bonds and loans which target funding of ecological construction works, expand the scope for financial institutions to participate in the growth process of the green building sector.
- Regulatory Support and Standards: Building sustainability becomes more regulated and standardized. Governments, as well as organizations, have been only ratcheting up green building codes as well as certification programs that build demand for more sustainable construction and encourage more developers to pursue green certifications
- Government Initiatives: The growing government initiatives and investments towards green infrastructure is anticipated to drive the growth of the green building market over the forecast period.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Green Building Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Green Building Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the Green Building Market include Turner Construction, DuPont, Interface Inc., Sika AG , BASF SE, Wienerberger, Forbo Flooring Systems, HOLCIM, Kingspan Group
Regulatory Support and Standards and Government Initiatives is the key future trend of the Green Building Market
The major factors driving the Green Building Market: Growing Focus on Infrastructure Development and Increasing Social Awareness Regarding Environmental Issues.
The Green Building Market is estimated to witness a CAGR of 11.2% from 2023 to 2031
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Green Building Market - By Product Type
1.3.2Green Building Market - By Building Type
1.3.3Green Building Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.GREEN BUILDING MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.GREEN BUILDING MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.GREEN BUILDING MARKET - GLOBAL MARKET ANALYSIS
6.1.GREEN BUILDING - GLOBAL MARKET OVERVIEW
6.2.GREEN BUILDING - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.GREEN BUILDING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.INSULATION
7.3.1.Overview
7.3.2.Insulation Market Forecast and Analysis
7.4.ROOFING AND SIDING
7.4.1.Overview
7.4.2.Roofing and Siding Market Forecast and Analysis
7.5.INTERIOR PRODUCTS
7.5.1.Overview
7.5.2.Interior Products Market Forecast and Analysis
7.6.BUILDING SYSTEMS
7.6.1.Overview
7.6.2.Building Systems Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.GREEN BUILDING MARKET - REVENUE AND FORECASTS TO 2028 - BUILDING TYPE
8.1.OVERVIEW
8.2.BUILDING TYPE MARKET FORECASTS AND ANALYSIS
8.3.RESIDENTIAL
8.3.1.Overview
8.3.2.Residential Market Forecast and Analysis
8.4.NON-RESIDENTIAL
8.4.1.Overview
8.4.2.Non-residential Market Forecast and Analysis
8.4.3.Commercial Market
8.4.3.1.Overview
8.4.3.2.Commercial Market Forecast and Analysis
8.4.4. Industrial Market
8.4.4.1.Overview
8.4.4.2. Industrial Market Forecast and Analysis
8.4.5. Institutional Market
8.4.5.1.Overview
8.4.5.2. Institutional Market Forecast and Analysis
8.4.6. Public and Utilities Market
8.4.6.1.Overview
8.4.6.2. Public and Utilities Market Forecast and Analysis
8.4.7. Others Market
8.4.7.1.Overview
8.4.7.2. Others Market Forecast and Analysis
9.GREEN BUILDING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Green Building Market Overview
9.1.2North America Green Building Market Forecasts and Analysis
9.1.3North America Green Building Market Forecasts and Analysis - By Product Type
9.1.4North America Green Building Market Forecasts and Analysis - By Building Type
9.1.5North America Green Building Market Forecasts and Analysis - By Countries
9.1.5.1United States Green Building Market
9.1.5.1.1United States Green Building Market by Product Type
9.1.5.1.2United States Green Building Market by Building Type
9.1.5.2Canada Green Building Market
9.1.5.2.1Canada Green Building Market by Product Type
9.1.5.2.2Canada Green Building Market by Building Type
9.1.5.3Mexico Green Building Market
9.1.5.3.1Mexico Green Building Market by Product Type
9.1.5.3.2Mexico Green Building Market by Building Type
9.2.EUROPE
9.2.1Europe Green Building Market Overview
9.2.2Europe Green Building Market Forecasts and Analysis
9.2.3Europe Green Building Market Forecasts and Analysis - By Product Type
9.2.4Europe Green Building Market Forecasts and Analysis - By Building Type
9.2.5Europe Green Building Market Forecasts and Analysis - By Countries
9.2.5.1Germany Green Building Market
9.2.5.1.1Germany Green Building Market by Product Type
9.2.5.1.2Germany Green Building Market by Building Type
9.2.5.2France Green Building Market
9.2.5.2.1France Green Building Market by Product Type
9.2.5.2.2France Green Building Market by Building Type
9.2.5.3Italy Green Building Market
9.2.5.3.1Italy Green Building Market by Product Type
9.2.5.3.2Italy Green Building Market by Building Type
9.2.5.4United Kingdom Green Building Market
9.2.5.4.1United Kingdom Green Building Market by Product Type
9.2.5.4.2United Kingdom Green Building Market by Building Type
9.2.5.5Russia Green Building Market
9.2.5.5.1Russia Green Building Market by Product Type
9.2.5.5.2Russia Green Building Market by Building Type
9.2.5.6Rest of Europe Green Building Market
9.2.5.6.1Rest of Europe Green Building Market by Product Type
9.2.5.6.2Rest of Europe Green Building Market by Building Type
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Green Building Market Overview
9.3.2Asia-Pacific Green Building Market Forecasts and Analysis
9.3.3Asia-Pacific Green Building Market Forecasts and Analysis - By Product Type
9.3.4Asia-Pacific Green Building Market Forecasts and Analysis - By Building Type
9.3.5Asia-Pacific Green Building Market Forecasts and Analysis - By Countries
9.3.5.1Australia Green Building Market
9.3.5.1.1Australia Green Building Market by Product Type
9.3.5.1.2Australia Green Building Market by Building Type
9.3.5.2China Green Building Market
9.3.5.2.1China Green Building Market by Product Type
9.3.5.2.2China Green Building Market by Building Type
9.3.5.3India Green Building Market
9.3.5.3.1India Green Building Market by Product Type
9.3.5.3.2India Green Building Market by Building Type
9.3.5.4Japan Green Building Market
9.3.5.4.1Japan Green Building Market by Product Type
9.3.5.4.2Japan Green Building Market by Building Type
9.3.5.5South Korea Green Building Market
9.3.5.5.1South Korea Green Building Market by Product Type
9.3.5.5.2South Korea Green Building Market by Building Type
9.3.5.6Rest of Asia-Pacific Green Building Market
9.3.5.6.1Rest of Asia-Pacific Green Building Market by Product Type
9.3.5.6.2Rest of Asia-Pacific Green Building Market by Building Type
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Green Building Market Overview
9.4.2Middle East and Africa Green Building Market Forecasts and Analysis
9.4.3Middle East and Africa Green Building Market Forecasts and Analysis - By Product Type
9.4.4Middle East and Africa Green Building Market Forecasts and Analysis - By Building Type
9.4.5Middle East and Africa Green Building Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Green Building Market
9.4.5.1.1South Africa Green Building Market by Product Type
9.4.5.1.2South Africa Green Building Market by Building Type
9.4.5.2Saudi Arabia Green Building Market
9.4.5.2.1Saudi Arabia Green Building Market by Product Type
9.4.5.2.2Saudi Arabia Green Building Market by Building Type
9.4.5.3U.A.E Green Building Market
9.4.5.3.1U.A.E Green Building Market by Product Type
9.4.5.3.2U.A.E Green Building Market by Building Type
9.4.5.4Rest of Middle East and Africa Green Building Market
9.4.5.4.1Rest of Middle East and Africa Green Building Market by Product Type
9.4.5.4.2Rest of Middle East and Africa Green Building Market by Building Type
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Green Building Market Overview
9.5.2South and Central America Green Building Market Forecasts and Analysis
9.5.3South and Central America Green Building Market Forecasts and Analysis - By Product Type
9.5.4South and Central America Green Building Market Forecasts and Analysis - By Building Type
9.5.5South and Central America Green Building Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Green Building Market
9.5.5.1.1Brazil Green Building Market by Product Type
9.5.5.1.2Brazil Green Building Market by Building Type
9.5.5.2Argentina Green Building Market
9.5.5.2.1Argentina Green Building Market by Product Type
9.5.5.2.2Argentina Green Building Market by Building Type
9.5.5.3Rest of South and Central America Green Building Market
9.5.5.3.1Rest of South and Central America Green Building Market by Product Type
9.5.5.3.2Rest of South and Central America Green Building Market by Building Type
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.GREEN BUILDING MARKET, KEY COMPANY PROFILES
11.1.AECOM
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.BAUDER LTD
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.CLARK CONSTRUCTION GROUP, LLC
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.CERTAINTEED
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.GILBANE
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.HENSEL PHELPS
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.SKANSKA
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.THE WALSH GROUP
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.TURNER CONSTRUCTION COMPANY
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.WEBCOR
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. AECOM
2. Bauder Ltd
3. Clark Construction Group, LLC
4. CERTAINTEED
5. Gilbane
6. Hensel Phelps
7. Skanska
8. The Walsh Group
9. Turner Construction Company
10. Webcor
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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