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

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Key Findings of the Study: Green Building Materials market

Global Green Building Market Key Driver:

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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Scope of the Report and Green Building Materials Market Segmentation:

By Application

  • Framing - Market Size & Forecast 2018-2028, (USD Million)
  • Insulation - Market Size & Forecast 2018-2028, (USD Million)
  • Roofing - Market Size & Forecast 2018-2028, (USD Million)
  • Exterior Siding- Market Size & Forecast 2018-2028, (USD Million)
  • Interior Finishing- Market Size & Forecast 2018-2028, (USD Million)
  • Others - Market Size & Forecast 2018-2028, (USD Million)

By End-User

  • Residential- Market Size & Forecast 2018-2028, (USD Million)
  • Commercial- Market Size & Forecast 2018-2028, (USD Million)
  • Industrial- Market Size & Forecast 2018-2028, (USD Million)
  • Public Infrastructure- Market Size & Forecast 2018-2028, (USD Million)
  • Others- Market Size & Forecast 2018-2028, (USD Million)

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

Green Building Materials Market 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.

Geographical Analysis:

By Region

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • The Middle East and Africa

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

Note: If you require specific information not covered in the current report, we can provide it through customized option

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