The Business Research Company Global Green Building Materials Market Report 2021: Growth and Change Linked to COVID-19
LONDON, GREATER LONDON, UK, July 28, 2021 /EINPresswire.com/ – The size of the global green building materials market is expected to grow from $ 216.99 billion in 2020 to $ 238.91 billion in 2021 at a compound annual growth rate (CAGR) of 10.1%. The growth of the green building materials market is mainly due to the growing awareness of environmental sustainability which is driving the demand for green building materials. The market is expected to reach $ 383.85 billion in 2025 at a CAGR of 12.6%.
The increasing demand for green buildings is expected to drive this growth of green building materials market in the coming years. Green building is the discipline of designing structures and using procedures ranging from site selection to design, construction, operation, maintenance, remodeling and deconstruction that are environmentally friendly. responsible and resource efficient. As green building materials are used to produce green buildings, the demand for green building materials is also increasing. For example, according to a 2019 global survey conducted by the World Green Building Trends Smart Market Study, almost half of all respondents intend to construct more than 60% of their buildings in green buildings by 2021. According to the same The survey shows that building green is also gaining popularity among building owners, with 57% expecting to make the bulk of their buildings green by 2021.
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The global green building materials market is segmented by type into structure, exterior, interior, others, by application in framing, insulation, roofing, exterior cladding, interior finishing, etc., and by end use in residential buildings, non-residential buildings.
North America was the largest region of the green building materials market in 2020. Asia-Pacific is expected to be the fastest growing region during the forecast period. The regions covered by the Green Building Materials Market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The major players in the sustainable building materials market are CertainTeed Corporation, Amvic Building Systems, Forbo International SA, Homasote Company, Interface Inc., Bauder Ltd., Binderholz GmbH, Kingspan Group plc, LG Hausys Ltd., Owens Corning, RedBuilt LLC , Andersen Corporation, Armstrong World Industries Inc., Cemex, Chengdu Onekin Green building materials Co. Ltd., Ecostar LLC, Firestone Building Products Company LLC, Fletcher Insulation Pty Limited, Johns Manville Corporation, Knauf Insulation Ltd., LIXIL Group Corporation and Marvin Windows and Doors Inc.
Global Green Building Materials Market Report 2021: Growth and Change COVID-19 is part of a series of new reports from The Business Research Company that provides an overview of the global green building materials market, forecast the size and location Global green building materials market growth for the whole market, segments and geographies of the global green building materials market, global green building materials market trends, global green building materials market drivers, restraints , revenues, profiles and market shares of the main competitors.
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