Green Building Materials Market size is set to grow by USD 273 billion from 2022 to 2027|Rising need for energy-efficient green buildings boost the market growth - Technavio

NEW YORK, July 3, 2023 /PRNewswire/ -- The global green building materials market size is estimated to grow by USD 273 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 13.81% during the forecast period. Europe is estimated to account for 38% of the global market growth. The region has a wide variety of green building products available on the market, which include materials such as reclaimed steel, bamboo, straw, and dirt. Such materials have proven to be effective alternatives to traditional building materials like concrete and steel. Concrete and steel have been associated with environmental damage due to their high carbon footprint. Thus, the use of sustainable insulation is increasing in the region, with products such as cellulose and wool insulation becoming more popular. Their growing popularity is due to their environmental friendliness and high-insulating properties. Furthermore, the region is home to many leading green building materials manufacturers and suppliers who are constantly developing new solutions to meet market demands. Hence, all these factors boost the regional market growth during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - buy the report!

Green building materials market - Segmentation Assessment
Segment Overview
This green building materials market report extensively covers market segmentation by application (insulation, roofing, interior finishing, framing, and exterior siding and others), end-user (residential and non-residential), and geography (Europe, North America, APAC, Middle East and Africa, and South America). 

• The market share growth by the insulation segment will be significant for market growth during the forecast period. Insulation helps in reducing energy consumption, increasing comfort, reducing noise, and preventing condensation issues in buildings. Eco-friendly insulation provides homeowners with various advantages, including economic and comfort improvements. These factors will contribute to the growth of the segment during the forecast period. 

Insights on the market contribution of various segments, including country and region wise historic data (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report

Green building materials market – Market Dynamics
Key factor driving market growth

• Rising need for energy-efficient green buildings to drive the growth of the market during the forecast period.
• Rising urban population, as well as rapid economic and industrial development, are increasing the demand for energy-efficient green buildings.
• The rise in demand for energy impacts resource availability, as non-renewable energy sources account for a majority of the global energy demand. Energy efficiency is an important aspect of green buildings.
• Various countries are focusing on enforcing energy efficiency laws for buildings.
• Hence, the demand for green building materials is also expected to increase, which will fuel market growth during the forecast period.

Leading trends influencing the market 

• Advancements in insulation materials are emerging market trends influencing the market growth.
• Over the past few years, there have been numerous advancements in the materials used for insulation in green building construction.
• Several manufacturers of foam insulations are coming up with low-emission blowing agents.
• For instance, certain spray-foam manufacturers have switched to hydro-fluoro olefins (HFO) blowing agents, which have a lower impact than hydrofluorocarbons (HFC) and XPS rigid insulation boards with lower greenhouse gases (GHGs).
• Hence, the advancements in insulation materials used for green buildings are expected to support market growth during the forecast period.

Major challenges hindering the market growth

• The high initial cost of green buildings poses a challenge to the growth of the market during the forecast period.
• A large investment is required for the initial cost of installing or modernizing a green building. High-quality, energy-efficient materials and advanced technology are used for environmentally friendly buildings, which comes at a cost.
• Moreover, procuring and installing green building equipment proves costly for small and medium-sized enterprises (SMEs) and even large construction companies.
• For example, the increased architectural and engineering (A&E) design time, modeling costs, and time required for integrating sustainable building practices increase the initial cost of green buildings.
• Thus, the high initial cost of green buildings makes them difficult to afford. 

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this green building materials market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the green building materials market between 2023 and 2027
• Precise estimation of the size of the green building materials market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the green building materials market across Europe, North America, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of green building materials market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global green building materials market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global green building materials market 2017 - 2021 ($ billion)

• 4.2 Applicaton Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Applicaton Segment 2017 - 2021 ($ billion)

• 4.3 End-user Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Insulation - Market size and forecast 2022-2027
• Exhibit 34: Chart on Insulation - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Insulation - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Insulation - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Insulation - Year-over-year growth 2022-2027 (%)

• 6.4 Roofing - Market size and forecast 2022-2027
• Exhibit 38: Chart on Roofing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Roofing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Roofing - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Roofing - Year-over-year growth 2022-2027 (%)

• 6.5 Interior finishing - Market size and forecast 2022-2027
• Exhibit 42: Chart on Interior finishing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Interior finishing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Interior finishing - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Interior finishing - Year-over-year growth 2022-2027 (%)

• 6.6 Framing - Market size and forecast 2022-2027
• Exhibit 46: Chart on Framing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Framing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Framing - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Framing - Year-over-year growth 2022-2027 (%)

• 6.7 Exterior siding and others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Exterior siding and others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on Exterior siding and others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on Exterior siding and others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Exterior siding and others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application
• Exhibit 54: Market opportunity by Application ($ billion)
• Exhibit 55: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user
• Exhibit 58: Chart on Comparison by End-user
• Exhibit 59: Data Table on Comparison by End-user

• 7.3 Residential - Market size and forecast 2022-2027
• Exhibit 60: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.4 Non-residential - Market size and forecast 2022-2027
• Exhibit 64: Chart on Non-residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Data Table on Non-residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Chart on Non-residential - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Non-residential - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user
• Exhibit 68: Market opportunity by End-user ($ billion)
• Exhibit 69: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027
• Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 France - Market size and forecast 2022-2027
• Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography
• Exhibit 115: Market opportunity by geography ($ billion)
• Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors
• Exhibit 122: Matrix on vendor position and classification

• 12.3 American Hydrotech Inc.
• Exhibit 123: American Hydrotech Inc. - Overview
• Exhibit 124: American Hydrotech Inc. - Product / Service
• Exhibit 125: American Hydrotech Inc. - Key offerings

• 12.4 BASF SE
• Exhibit 126: BASF SE - Overview
• Exhibit 127: BASF SE - Business segments
• Exhibit 128: BASF SE - Key news
• Exhibit 129: BASF SE - Key offerings
• Exhibit 130: BASF SE - Segment focus

• 12.5 Bauder Ltd.
• Exhibit 131: Bauder Ltd. - Overview
• Exhibit 132: Bauder Ltd. - Product / Service
• Exhibit 133: Bauder Ltd. - Key offerings

• 12.6 Binderholz GmbH
• Exhibit 134: Binderholz GmbH - Overview
• Exhibit 135: Binderholz GmbH - Product / Service
• Exhibit 136: Binderholz GmbH - Key offerings

• 12.7 Compagnie de Saint Gobain
• Exhibit 137: Compagnie de Saint Gobain - Overview
• Exhibit 138: Compagnie de Saint Gobain - Business segments
• Exhibit 139: Compagnie de Saint Gobain - Key news
• Exhibit 140: Compagnie de Saint Gobain - Key offerings
• Exhibit 141: Compagnie de Saint Gobain - Segment focus

• 12.8 DuPont de Nemours Inc.
• Exhibit 142: DuPont de Nemours Inc. - Overview
• Exhibit 143: DuPont de Nemours Inc. - Business segments
• Exhibit 144: DuPont de Nemours Inc. - Key news
• Exhibit 145: DuPont de Nemours Inc. - Key offerings
• Exhibit 146: DuPont de Nemours Inc. - Segment focus

• 12.9 Foam Holdings Inc.
• Exhibit 147: Foam Holdings Inc. - Overview
• Exhibit 148: Foam Holdings Inc. - Product / Service
• Exhibit 149: Foam Holdings Inc. - Key offerings

• 12.10 Forbo Management SA
• Exhibit 150: Forbo Management SA - Overview
• Exhibit 151: Forbo Management SA - Business segments
• Exhibit 152: Forbo Management SA - Key offerings
• Exhibit 153: Forbo Management SA - Segment focus

• 12.11 Holcim Ltd.
• Exhibit 154: Holcim Ltd. - Overview
• Exhibit 155: Holcim Ltd. - Business segments
• Exhibit 156: Holcim Ltd. - Key offerings
• Exhibit 157: Holcim Ltd. - Segment focus

• 12.12 Interface Inc.
• Exhibit 158: Interface Inc. - Overview
• Exhibit 159: Interface Inc. - Product / Service
• Exhibit 160: Interface Inc. - Key offerings

• 12.13 Kingspan Group Plc
• Exhibit 161: Kingspan Group Plc - Overview
• Exhibit 162: Kingspan Group Plc - Business segments
• Exhibit 163: Kingspan Group Plc - Key news
• Exhibit 164: Kingspan Group Plc - Key offerings
• Exhibit 165: Kingspan Group Plc - Segment focus

• 12.14 Owens Corning
• Exhibit 166: Owens Corning - Overview
• Exhibit 167: Owens Corning - Business segments
• Exhibit 168: Owens Corning - Key news
• Exhibit 169: Owens Corning - Key offerings
• Exhibit 170: Owens Corning - Segment focus

• 12.15 PPG Industries Inc.
• Exhibit 171: PPG Industries Inc. - Overview
• Exhibit 172: PPG Industries Inc. - Business segments
• Exhibit 173: PPG Industries Inc. - Key offerings
• Exhibit 174: PPG Industries Inc. - Segment focus

• 12.16 RedBuilt LLC
• Exhibit 175: RedBuilt LLC - Overview
• Exhibit 176: RedBuilt LLC - Product / Service
• Exhibit 177: RedBuilt LLC - Key offerings

• 12.17 The Alumasc Group plc
• Exhibit 178: The Alumasc Group plc - Overview
• Exhibit 179: The Alumasc Group plc - Business segments
• Exhibit 180: The Alumasc Group plc - Key offerings
• Exhibit 181: The Alumasc Group plc - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist
• Exhibit 182: Inclusions checklist
• Exhibit 183: Exclusions checklist

• 13.3 Currency conversion rates for US$
• Exhibit 184: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 185: Research methodology
• Exhibit 186: Validation techniques employed for market sizing
• Exhibit 187: Information sources

• 13.5 List of abbreviations
• Exhibit 188: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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