Green Building Materials Market Size

Green Building Materials Market size was over USD 423.2 billion in 2023 and is projected to exceed USD 1889.9 billion by the end of 2036, witnessing over 12.2% CAGR during the forecast period i.e., between 2024-2036. In 2024, the industry size of green building materials is estimated at USD 474.8 billion.

The growing environmental pollution is a significant driver for the green building materials market. As concerns about climate change and environmental degradation increase, there is a stronger push towards sustainable construction practices.

Green building materials are designed to minimize environmental impact, reduce energy consumption, and improve indoor air quality. This shift is driven by both regulatory requirements and a growing awareness of the need for sustainable development. For instance, many countries have implemented green building standards such as Leadership in Energy and Environmental Design (LEED) and Building Research Establishment Environmental Assessment Method (BREEAM), which promote the use of eco-friendly materials. Additionally, advancements in technology and increased availability of eco-friendly materials are further fueling the market growth.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of green building materials was over USD 423.2 billion.

The market size for green building materials is projected to cross USD 1889.9 billion by the end of 2036 expanding at a CAGR of 12.2% during the forecast period i.e., between 2024-2036.

The major players in the market are BASF SE, PPG Industries, Inc., .I.du Pont De Nemours and Company, Sika AG, Heidelberg Materials, Lafarge Egypt, Forbo International SA, HOLCIM, Alumasc Group plc, Bauder Ltd., and others.

The roofing segment is anticipated to garner a share/size of 50% during 2024-2036.

The North America green building materials sector is poised to hold 35% share by the end of 2036.

Green Building Materials Market Size