Skip to main content

The Business Research Company’s Green Building Materials Market research report expands on key drivers, trends, and opportunities for market growth.

LONDON, July 12, 2022 /PRNewswire/ — The search for better, stronger and more durable concrete has always been a priority for the construction industry. Green cement therefore appears to be the ideal option. Green cement is cement made with a carbon negative manufacturing technique. Most of the waste discarded by industry is one of the main raw materials used to make green cement. To produce green cement, blast furnace slag and fly ash are the main ingredients. The amount of carbon dioxide released during the manufacture of green cement is remarkably low, reducing the carbon footprint by 40%. It is a less expensive and ecological alternative to traditional cement because it uses industrial waste as a raw material.

In February 2021ACC Ltd., a Indiacement manufacturer in the capital, has launched ECOPact, its new range of low-carbon ready-mixed concrete. The introduction of ECOPact is crucial to advancing the transition to low carbon and circular building, reducing CO2 emissions by up to 100%.

The global green building materials market size should go from $238.91 billion in 2021 for $276.13 billion in 2022 at a compound annual growth rate (CAGR) of 15.6%. The growth of the green building materials market is expected to reach $421.64 billion in 2026 at a CAGR of 11.2%.

Request a Free Sample of the Green Building Materials Market Report

Types of green building materials

The main types of green building materials are structural, exterior, interior and other. The materials, equipment and elements that make up the walls, roof, foundations, stairs, associated protrusions and other external sections and features are called the exterior of the building. Bamboo, recycled steel and reclaimed wood are some of the green building materials used for outdoor purposes. It is used in framing, insulation, roofing, exterior cladding, interior finishing and others and is implemented in various sectors such as residential buildings and non-residential buildings.

Largest market share in green building materials market

According to the Green Building Materials Industry Report, North America was the largest market area and was worth $85.51 billion in 2021. The market for green building materials in North America is supported by increased awareness of the use of sustainable technologies for building construction and the presence of major players in the green building construction industry such as AECOM in the region. The market is also supported by government initiatives.

A major market constraint is the lack of awareness of green building materials

Awareness of the availability and functions of many of these new era green products is quite low. Information about their availability, cost, and function is limited, leading to misconceptions about long-term viability and cost savings. Hence, the lack of awareness about the benefits of eco-friendly materials in the construction industry has hampered the growth of the green building materials market.

Learn more about the Green Building Materials Market report

Check out similar market reports:

Global Green Cement Market Report 2022 – By Type (Fly Ash Based, Slag Based, Recycled Aggregate, Other Types), By Application (Residential, Commercial, Industrial), By End User (New Construction Activities, repair and maintenance activities) – Market size, trends and global forecasts 2022-2026

Global Multi-Family Housing Green Building Market Report 2022 – By Type (New Construction, Renovation) – Global Market Size, Trends & Forecast 2022-2026

Global Non-Residential Green Building Market Report 2022 – By Product (Indoor Products, Outdoor Products), By Application (Office, Education, Hotels & Restaurants, Retail, Institutional/Assembly, Healthcare, Warehouse) ), by Component (Roofing, Insulation, Framing, Exterior Cladding, Interior Finishing) – Global Market Size, Trends and Forecast 2022-2026

Want to know more about The Business Research Company?

The Business Research Company is a market intelligence firm that excels in business, market and consumer research. With locations around the world, it has strategic enablement specialists across a wide range of industries, including manufacturing, healthcare, financial services, chemicals and technology.

The most comprehensive database in the world

The flagship product of the Business Research Company, Global market model, is a market information platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess gaps between supply and demand.

Contact information
The Business Research Society
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
E-mail: [email protected]
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Youtube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: http://blog.tbrc.info/

Logo: https://mma.prnewswire.com/media/1751581/tbrc_logo.jpg

SOURCE The Trade Research Society