Green Building Materials Global Markets, 2022

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31 Aug, 2023, 05:45 ET

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DUBLIN, Aug. 31, 2023 /PRNewswire/ -- The "Green Building Materials: Global Markets" report has been added to ResearchAndMarkets.com's offering.

Global market for green building materials will increase from $184.1 billion in 2023 to $347.7 billion in 2028, representing a 13.6% CAGR.

The report will provide insights into the current market scenario, its growth potential, and the competitive landscape for green building materials. The report will also discuss emerging technologies.

The total Leadership in Energy and Environmental Design (LEED)-certified building area in 2022 was approximately 11 billion sq. ft. This was only 4.5% of the entire building area, which was 242 billion sq. ft. Therefore, green buildings currently comprise a small share of the global construction market, but the investment opportunities in the green building sector are enormous.The Americas (including Latin American countries) accounted for 50% of all market revenue in 2022, followed by Asia-Pacific with 27%. With a CAGR of 16.1% over the forecast period, Asia-Pacific will be the fastest-growing region, due to population growth in countries like India, leading to a housing boom. Europe was the next largest market for green building materials in 2022, while the Middle East and African countries represented just 3% of the market. The residential sector will dominate the market in emerging countries due to increasing population growth and rapid urbanization. The commercial sector will dominate in developed regions such as the U.S. and Europe. Insulation will be the most prominent application sector, especially in the Americas and the Europe.

Regional forecasts are broken down by building type (i.e., commercial, residential, institutional and infrastructure) and by application (i.e., framing, insulation, roofing, exterior siding, and interior finishes). Economic, environmental, regulatory, and technological factors influencing demand are also discussed.

Report Includes

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Chapter 4 Market Dynamics

Chapter 5 Green Building Materials Market by Building Type

Chapter 6 Green Building Materials Market by Application

Chapter 7 Green Building Materials Market by Region

Chapter 8 Sustainability in Green Building Materials: An Esg Perspective

Chapter 9 Emerging Technologies and Developments

Chapter 10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/6lyv2f

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SOURCE Research and Markets