Connect with us

Hi, what are you looking for?

Green Building Material Market to Record an Exponential CAGR by 2031

Green Building Material MarketIntroduction

The global green building material market exhibits a substantially competitive vendor landscape. The market is still in the developing stage; however, the competition is expected to intensify over the next few years, primarily due to the entry of new players in this field.

The sticking to existing norms in terms of eco-friendly packaging, rapidly adapting to any changing regulations put forth by governments, as well as aiming to achieve product differentiation are key strategies employed by most players in the global green building material market. Undertaking extensive research and innovative packaging solutions also are a couple of goals followed by businesses present in this market.

Statistically speaking, this market is expected to expand at a notable CAGR of 12.7% during the forecast period from 2021 to 2031. In this context, the green building material market was valued at US$ 264 Bn in 2020 and is further expected to reach US$ 983 Bn by 2031.

Get Brochure of the Report @

Rising Awareness about Benefits of Green Building Materials to Boost Global Market

The green building materials market is primarily driven by significant need for environmentally sustainable and energy-efficient buildings. This is majorly due to less harm caused by green building materials to the environment, thus being highly lucrative. These materials also do not pose much harm to the human health. Hence, gradual shift has been noticed among construction businesses that favor the use of such materials. These are some of the key factors propelling the global green building material market.

Favorable initiatives made by several governments to encourage the use of green building materials have also caused a rampant shift in the market to progress swiftly. Rising awareness among construction businesses and other organizations regarding the benefits of using eco-friendly building supplies is also significantly boosting the green building material market.

Enquiry Before Buying:

High Manufacturing Costs Continue to Hamper Market

High production costs associated with the manufacturing of green packaging materials might deter small-scale businesses to venture into this market, thus restraining the market. Limited awareness about the use and benefits of eco-friendly materials used for construction purposes in remote and underdeveloped regions also has hindered the green building material market. Therefore, such areas showcase limited demand from consumers, which consequently has negative affected the production rates of green building materials.

Nevertheless, extensive efforts are being taken by several governmental as well as private organizations to encourage sale and use of eco-friendly packaging respectively among business owners and consumers. Some organizations are also upcoming up with newer and cost-effective varieties of green building materials, which are expected to reduce the effects substantially.

Get Trending Report-

Competition Landscape

The nature of the global green building material market seems to be fairly fragmented with the presence of many well-entrenched enterprises. This also highlights that the competition landscape is highly intense. Alumasc Group Plc, Amvik Systems, BASF SE, Bauder Limited, Binderholz GmbH, CertainTeed Corporation, DuPont de Nemours Inc, Forbo International SA, Interface Inc., Kingspan Group PLC, Lafarge, National Fiber, Owens Corning, PPG Industries, RedBuilt, LLC, Reward Wall Systems, Structurlam Products Ltd. are some of the key participants of the global green building materials market.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision


Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: [email protected]

You may also like:


There has been a significant increase in the number of finance firms using AI to detect fraudulent business activities.


IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested.


Hong Kong stocks have rallied more than 10 percent since the turn of the year - Copyright AFP DALE DE LA REYMost Asian markets...


'This is no cause for celebration,' said the letter from climate activists - Copyright AFP Stefano RellandiniHundreds of campaign groups on Thursday condemned the...