Green Building Materials Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel

 

MarkNtel Advisors recently published a detailed industry analysis of the Green Building Materials Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Green Building Materials Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028

The Green Building Materials Market is projected to grow at a CAGR of around 12.37% during the forecast period, i.e., 2023-28.

What are the major Driver the Green Building Materials industry?

Ever-Increasing Focus on Sustainability & Environmental Conservation - Rising global concerns about climate change, depletion of natural resources, and environmental pollution are resulting in an increased awareness among individuals, businesses, & governments of the significance of sustainable practices, owing to which eco-friendly building materials are gaining traction as a way to reduce the environmental impact of buildings & construction activities. Many governments worldwide are implementing regulations & incentives toward promoting sustainable construction practices, such as building codes that require or incentivize the use of green building materials, tax credits for energy-efficient buildings, and grants for sustainable construction projects. As a result, green building materials are witnessing high demand as they offer energy-efficient features that can help reduce energy consumption in buildings, i.e., the prime aspect projected to drive the Global Green Building Materials Market through 2028.

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What segments define the Green Building Materials market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

·       By Application

o   Framing - Market Size & Forecast 2018-2028, (USD Million)

o   Insulation - Market Size & Forecast 2018-2028, (USD Million)

o   Roofing - Market Size & Forecast 2018-2028, (USD Million)

o   Exterior Siding- Market Size & Forecast 2018-2028, (USD Million)

o   Interior Finishing- Market Size & Forecast 2018-2028, (USD Million)

o   Others - Market Size & Forecast 2018-2028, (USD Million)

According to report, Among all, insulation holds a prominent share of the Global Green Building Materials Market.

·       By End-User

o   Residential- Market Size & Forecast 2018-2028, (USD Million)

o   Commercial- Market Size & Forecast 2018-2028, (USD Million)

o   Industrial- Market Size & Forecast 2018-2028, (USD Million)

o   Public Infrastructure- Market Size & Forecast 2018-2028, (USD Million)

o   Others- Market Size & Forecast 2018-2028, (USD Million)

According to report, Here, the residential sector is projected to attain a notable market share during 2023-28.

Explore the Complete Green Building Materials Market Analysis Report – https://www.marknteladvisors.com/research-library/green-building-materials-market.html

Geographical Analysis: Green Building Materials Market

o   North America

o   South America

o   Europe

o   Middle East & Africa

o   Asia-Pacific

Green Building Materials Market Share & Competitive Landscape:

The Green Building Materials Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Green Building Materials Market are:

• BASF SE
• PPG Industries, Inc.
• E. I. du Pont de Nemours and Company
• Sika AG
• Owens Corning
• Forbo International SA
• Redbuilt
• Certainteed
• Kingspan Group
• Holcim
• Bauder Ltd
• Alumasc Group plc.
• Interface, Inc
• Binderholz GmbH

Green Building Materials Industry Recent Development:

• On 24 May 2023, Holcim acquired Besblock Ltd., a leading supplier of precast materials to the UK Midlands construction industry. The Besblock technology platform is dedicated to producing sustainable building blocks, with a capacity of around 2.5 million m² blocks per year.
• On 5 December 2022, BSW Timber Ltd., the largest integrated timber & forestry business in the UK and a member of Binderholz, acquired Scott Group, an award-winning, sustainable manufacturer of new, bespoke, & reconditioned timber pallets, producing over 30 million pallets per year. 

 Questions Addressed in this Study

1.What factors are driving the Green Building Materials Market growth?

2.How is the Green Building Materials Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Green Building Materials Market?

4.What is the current size of the Green Building Materials Market, and how is it projected to change in the future?

6.What is the future outlook for the Green Building Materials Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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-Green Solvents Market size was valued at around USD 1.34 billion in 2023 & is projected to reach USD 1.87 billion by 2028 with a CAGR of around 5.7%.

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