Sustainable Building Materials Market Key Findings by 2031
Sustainable building materials are also called green building materials that are energy efficient and durable. Sustainable building materials helps in providing comfortable, healthy environmental conditions throughout the building life cycle. The major objective of sustainable building materials is to achieve efficient use of energy, water, raw material and minimum impact on the environment of buildings. However, due to the complexity of implementation of sustainability and fragmented industry, the implementation level of sustainable building materials is still at the budding stage.
Rising demand for sustainable cities and infrastructure due to the evolution of the construction sector is anticipated to boost the sustainable building materials market. Large construction companies aim to deliver certified sustainable buildings at a reduced financial and environmental cost. In the US, The Green Building Council’s Leadership in Energy and Environmental Design (LEED) has introduced a new way for building materials and products that expand their role in the certification process from point-of manufacture to end-of-life of building. Due to the advent of digitalization and automation in most the industries, the construction industry can transform by integrating digital technology and advanced automation into building and infrastructure. With 30-40% of solid waste generated from the built environment, sustainable building materials provide a significant opportunity to the construction industry to reduce cost, conserve resources, and protect the environment.
The major materials used as sustainable building materials include green thermal insulation, recycled metal, reclaimed wood, bamboo, insulated foam concrete, recycled glass, etc. These are ecofriendly materials and has low environmental impact during production, implementation and maintenance. Mostly they are recyclable and locally sourced materials. Companies are pursuing zero-carbon buildings and optimizing the performance of the building cycle by using these sustainable building materials. Continuously greener materials are introduced in the market, which significantly reduces the energy cost in residential and commercial construction.
North America and Europe are major users of green or sustainable building materials. More than half of the construction companies have implemented green building in their projects. However, developing countries like India lacks incentives for sustainable buildings. Slowly and steadily, consumers are moving towards green homes helping promoting sustainable building materials. In India, Green Building Code has laid codes and standards in the State by-laws and norms set by the ratings programmes, such as (LEED-India), the Indian Green Building Council (IGBC), TERI-GRIHA and other such certifications. It is important that the implementation of these policies is effective and commercial builders get tax benefits and quick permits in the form of incentives.
Impact of construction lasts for decades and affects current as well as future generation; hence, it is the need of the hour to adopt sustainable building materials that have a positive impact on the environment during the construction and after the life cycle of the building.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GREEN BUILDING MATERIALS MARKET LANDSCAPE
4.1. GREEN BUILDING MATERIALS OVERVIEW
4.2 LIFE CYCLE DESIGN
4.2. PATENT ANALYSIS
4.3. GREEN INITIATIVES AND REGULATORY OUTLOOK
4.4. CERTIFICATIONS
4.4.1 LEED
4.4.2 IGCC
4.4.3 OTHERS
4.5. PATENT ANALYSIS
4.6. EXPERT OPINIONS
5. GREEN BUILDING MATERIALS 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. CASE STUDIES
7. GREEN BUILDING MATERIALS MARKET - GLOBAL MARKET ANALYSIS
7.1. GREEN BUILDING MATERIALS - GLOBAL MARKET OVERVIEW
7.2. GREEN BUILDING MATERIALS - GLOBAL MARKET AND FORECAST TO 2028
7.3. MARKET POSITIONING
8. GREEN BUILDING MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 – MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. FLY ASH
8.3.1. Overview
8.3.2. Fly ash Market Forecast and Analysis
8.4. RECYCLED CONCRETE
8.4.1. Overview
8.4.2. Recycled concrete Market Forecast and Analysis
8.5. RECLAIMED WOOD
8.5.1. Overview
8.5.2. Reclaimed Wood Forecast and Analysis
8.6. RECYCLED METAL
8.6.1. Overview
8.6.2. Recycled Metal Market Forecast and Analysis
8.7. SMART GLASS
8.7.1. Overview
8.7.2. Smart Glass Market Forecast and Analysis
8.8. INSULATED CONCRETE FOAM
7.8.1. Overview
7.8.2. Insulated Concrete Foam Market Forecast and Analysis
8.9. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
9. GREEN BUILDING MATERIALS MARKET - REVENUE AND FORECASTS TO 2028 – END-USE
9.1. OVERVIEW
9.2. END-USE MARKET FORECASTS AND ANALYSIS
9.3. RESIDENTIAL
9.3.1. Overview
9.3.2. Residential Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. INDUSTRIAL
9.4.1. Overview
9.4.2. Industrial Market Forecast and Analysis
9.6. INFRASTRUCTURE
9.4.1. Overview
9.4.2. Infrastructure Market Forecast and Analysis
10. GREEN BUILDING MATERIALS MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Green Building Materials Market Overview
10.1.2 North America Green Building Materials Market Forecasts and Analysis
10.1.3 North America Green Building Materials Market Forecasts and Analysis - By Material
10.1.4 North America Green Building Materials Market Forecasts and Analysis - By End-use
10.1.5 North America Green Building Materials Market Forecasts and Analysis - By Countries
10.1.5.1 United States Green Building Materials Market
10.1.5.1.1 United States Green Building Materials Market by Material
10.1.5.1.2 United States Green Building Materials Market by End-use
10.1.5.2 Canada Green Building Materials Market
10.1.5.2.1 Canada Green Building Materials Market by Material
10.1.5.2.2 Canada Green Building Materials Market by End-use
10.1.5.3 Mexico Green Building Materials Market
10.1.5.3.1 Mexico Green Building Materials Market by Material
10.1.5.3.2 Mexico Green Building Materials Market by End-use
10.2. EUROPE
10.2.1 Europe Green Building Materials Market Overview
10.2.2 Europe Green Building Materials Market Forecasts and Analysis
10.2.3 Europe Green Building Materials Market Forecasts and Analysis - By Material
10.2.4 Europe Green Building Materials Market Forecasts and Analysis - By End-use
10.2.5 Europe Green Building Materials Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Green Building Materials Market
9.2.5.1.1 Germany Green Building Materials Market by Material
9.2.5.1.2 Germany Green Building Materials Market by End-use
10.2.5.2 France Green Building Materials Market
10.2.5.2.1 France Green Building Materials Market by Material
10.2.5.2.2 France Green Building Materials Market by End-use
10.2.5.3 Italy Green Building Materials Market
10.2.5.3.1 Italy Green Building Materials Market by Material
10.2.5.3.2 Italy Green Building Materials Market by End-use
10.2.5.4 United Kingdom Green Building Materials Market
10.2.5.4.1 United Kingdom Green Building Materials Market by Material
10.2.5.4.2 United Kingdom Green Building Materials Market by End-use
10.2.5.5 Russia Green Building Materials Market
10.2.5.5.1 Russia Green Building Materials Market by Material
10.2.5.5.2 Russia Green Building Materials Market by End-use
10.2.5.6 Rest of Europe Green Building Materials Market
10.2.5.6.1 Rest of Europe Green Building Materials Market by Material
10.2.5.6.2 Rest of Europe Green Building Materials Market by End-use
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Green Building Materials Market Overview
10.3.2 Asia-Pacific Green Building Materials Market Forecasts and Analysis
10.3.3 Asia-Pacific Green Building Materials Market Forecasts and Analysis - By Material
10.3.4 Asia-Pacific Green Building Materials Market Forecasts and Analysis - By End-use
10.3.5 Asia-Pacific Green Building Materials Market Forecasts and Analysis - By Countries
10.3.5.1 Australia Green Building Materials Market
10.3.5.1.1 Australia Green Building Materials Market by Material
10.3.5.1.2 Australia Green Building Materials Market by End-use
10.3.5.2 China Green Building Materials Market
10.3.5.2.1 China Green Building Materials Market by Material
10.3.5.2.2 China Green Building Materials Market by End-use
10.3.5.3 India Green Building Materials Market
10.3.5.3.1 India Green Building Materials Market by Material
10.3.5.3.2 India Green Building Materials Market by End-use
10.3.5.4 Japan Green Building Materials Market
10.3.5.4.1 Japan Green Building Materials Market by Material
10.3.5.4.2 Japan Green Building Materials Market by End-use
10.3.5.5 South Korea Green Building Materials Market
10.3.5.5.1 South Korea Green Building Materials Market by Material
10.3.5.5.2 South Korea Green Building Materials Market by End-use
10.3.5.6 Rest of Asia-Pacific Green Building Materials Market
10.3.5.6.1 Rest of Asia-Pacific Green Building Materials Market by Material
10.3.5.6.2 Rest of Asia-Pacific Green Building Materials Market by End-use
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Green Building Materials Market Overview
10.4.2 Middle East and Africa Green Building Materials Market Forecasts and Analysis
10.4.3 Middle East and Africa Green Building Materials Market Forecasts and Analysis - By Material
10.4.4 Middle East and Africa Green Building Materials Market Forecasts and Analysis - By End-use
10.4.5 Middle East and Africa Green Building Materials Market Forecasts and Analysis - By Countries
10.4.5.1 South Africa Green Building Materials Market
10.4.5.1.1 South Africa Green Building Materials Market by Material
10.4.5.1.2 South Africa Green Building Materials Market by End-use
10.4.5.2 Saudi Arabia Green Building Materials Market
10.4.5.2.1 Saudi Arabia Green Building Materials Market by Material
10.4.5.2.2 Saudi Arabia Green Building Materials Market by End-use
10.4.5.3 U.A.E Green Building Materials Market
10.4.5.3.1 U.A.E Green Building Materials Market by Material
10.4.5.3.2 U.A.E Green Building Materials Market by End-use
10.4.5.4 Rest of Middle East and Africa Green Building Materials Market
10.4.5.4.1 Rest of Middle East and Africa Green Building Materials Market by Material
10.4.5.4.2 Rest of Middle East and Africa Green Building Materials Market by End-use
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Green Building Materials Market Overview
10.5.2 South and Central America Green Building Materials Market Forecasts and Analysis
10.5.3 South and Central America Green Building Materials Market Forecasts and Analysis - By Material
10.5.4 South and Central America Green Building Materials Market Forecasts and Analysis - By End-use
10.5.5 South and Central America Green Building Materials Market Forecasts and Analysis - By Countries
10.5.5.1 Brazil Green Building Materials Market
10.5.5.1.1 Brazil Green Building Materials Market by Material
10.5.5.1.2 Brazil Green Building Materials Market by End-use
10.5.5.2 Argentina Green Building Materials Market
10.5.5.2.1 Argentina Green Building Materials Market by Material
10.5.5.2.2 Argentina Green Building Materials Market by End-use
10.5.5.3 Rest of South and Central America Green Building Materials Market
10.5.5.3.1 Rest of South and Central America Green Building Materials Market by Material
10.5.5.3.2 Rest of South and Central America Green Building Materials Market by End-use
11. IMPACT OF COVID-110 PANDEMIC ON GLOBAL GREEN BUILDING MATERIALS MARKET
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. GREEN BUILDING MATERIALS MARKET, KEY COMPANY PROFILES
13.1. ALUMASC GROUP PLC.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BASF SE
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. BINDERHOLZ GMBH
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DUPONT DE NEMOURS, INC
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. HOMASOTE COMPANY
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. KINGSPAN GROUP
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. OWENS CORNING
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PPG INDUSTRIES INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. WIENERBERGER AG
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. ECONAUR
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
- American Standard Brands
- Andersen Corporation
- Alumasc Group plc
- Armstrong World Industries Incorporated
- Berkshire Hathaway Incorporated
- Bluescope Steel Limited
- Bauder Limited
- Binderholz GmbH
- Boral Limited
- Bridgestone Corporation
- Building Materials Corporation Of America
- Carlisle Companies Incorporated
- Cemex Sab De Cv
- CertainTeed Corporation
- Collins Companies Incorporated
- Holcim Limited
- Heidelbergcement Ag
- Homasote Company
- International Paper Company
- Kohler Company
- Kingspan Group plc
- Kyocera Corporation
- Lafarge Sa
- Louisiana-Pacific Corporation
- Mannington Mills Incorporated
- Masco Corporation
- Mohawk Industries Incorporated
- Nucor Corporation
- National Fiber
- Owens Corning
- PPG Industries Incorporated
- RedBuilt, LLC
- Saint-Gobain
- Sika AG
- Wienerberger AG,
- Universal Forest Products Incorporated
- USG CORPORATION
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.