Amid the COVID-19 crisis, the global market for Green Building Materials estimated at US$238 Billion in the year 2020, is projected to reach a revised size of US$425.4 Billion by 2027, growing at a CAGR of 8.6% over the analysis period 2020-2027. Insulation, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$71.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Exterior Siding segment is readjusted to a revised 7.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $64.6 Billion, While China is Forecast to Grow at 11.1% CAGR
The Green Building Materials market in the U.S. is estimated at US$64.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$84.8 Billion by the year 2027 trailing a CAGR of 11% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.
Framing Segment to Record 11.5% CAGR
In the global Framing segment, USA, Canada, Japan, China and Europe will drive the 10.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$34.8 Billion in the year 2020 will reach a projected size of US$71.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$60.8 Billion by the year 2027, while Latin America will expand at a 13% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 388-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- American Hydrotech, Inc.
- Amvic, Inc.
- Andersen Corporation
- BASF SE
- Bauder Ltd.
- CertainTeed Corporation
- Chengdu Onekin Green Building Materials Co., Ltd.
- Dow Inc.
- Firestone Building Products Company, LLC
- Fletcher Insulation Pty Limited
- Georgia-Pacific LLC
- Johns Manville Corporation
- Kingspan Group Plc
- Knauf Insulation Ltd.
- LafargeHolcim Ltd.
- LG Hausys, Ltd.
- LIXIL Group Corporation
- Norbord Inc.
- Owens Corning
- Rockwool International A/S
- Sika AG
- Standard Industries Inc.
- USG Corporation
- Xtratherm Limited
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Climate Change and Spiraling Energy Prices Transform Green Buildings from Niche to Mainstream
Growth Drivers in a Nutshell
Market Challenges in a Nutshell
Recent Market Activity
Green Building Materials: Future of Sustainable & Green Building Construction
Major Green Building Trends & Drivers Summarized
LEED Rated Buildings
Net Zero Energy (NZE) Buildings
Urbanization
Adoption of Solar
Passive Design
Green Retrofits and Re-Modeling
Sustainable Materials
Water Conservation
Smart or Intelligent Buildings
Healthier Buildings
Green Path to Future
Traditional Materials
Other Evolving Trends in the Green Buildings Market
Green Building Products and Technologies: An Overview
HVACR Systems
Lighting Solutions
Plumbing Products
Wood Products
Insulation
Doors and Windows
Glass
Rising Energy Consumption and Growing Environmental Consciousness Drive Widespread Adoption of Green Building Materials
Global Market Outlook
Developed Countries are Traditional Revenue Generators, while Developing Economies Offer Growth Potential
Global Competitor Market Shares
Green Building Materials Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
American Hydrotech, Inc. (USA)
Amvic, Inc. (Canada)
Andersen Corporation (USA)
Armstrong World Industries, Inc. (USA)
BASF SE (Germany)
Bauder Ltd. (UK)
CEMEX S.A.B. DE C.V. (Mexico)
Chengdu Onekin Green Building Materials Co., Ltd. (China)
DowDuPont Inc. (USA)
Ecostar LLC (USA)
Firestone Building Products Company, LLC (USA)
Fletcher Insulation Pty Limited (Australia)
Georgia-Pacific LLC (USA)
Homasote Company (USA)
Johns Manville Corporation (USA)
Kingspan Group Plc (Ireland)
Knauf Insulation Ltd. (UK)
LafargeHolcim Ltd. (Switzerland)
LG Hausys, Ltd. (South Korea)
LIXIL Group Corporation (Japan)
Marvin Windows and Doors, Inc. (USA)
Mohawk Industries, Inc. (USA)
Xtratherm Limited (Ireland)
Nichiha Corporation (Japan)
Norbord Inc. (Canada)
Owens Corning (USA)
Pella Corporation (USA)
RedBuilt LLC (USA)
Rockwool International A/S (Denmark)
Roseburg Forest Products Company, Inc. (USA)
Saint-Gobain SA (France)
CertainTeed Corporation (USA)
Sika AG (Switzerland)
Sika Sarnafil, Inc. (USA)
Standard Industries Inc. (USA)
GAF Materials Corp. (USA)
BMI Group (UK)
The Alumasc Group PLC (UK)
The Garland Company, Inc. (USA)
USG Corporation (USA)
Wienerberger AG (Austria)
3. MARKET TRENDS & DRIVERS
Growing Prominence of Energy Efficient Smart and Green Buildings Drive Strong Demand for Green Building Materials
Recovery in Construction Activity Worldwide Boosts Market Prospects for Green Building Materials
Residential Construction Sector: Trend Favors Small & Green Homes
Rising Investments in Infrastructure Projects Benefit Market Prospects
Greening of Corporate Real Estate: Facing Hurdles in Achieving Green Building Certification
Sustainability in Warehouse Designs: Immense Benefits
Stringent Regulatory Standards and Building Codes Favor Demand for Green Concrete
Reduced CO2 Emissions and Enhanced Strength Drive Steady Penetration of Green Cement in Sustainable Construction
Rising Awareness of Green Buildings and Need for Energy Conservation Drive Focus on Green and Smart Windows
Consumers Recognize Energy Saving Properties of Low-E Glass
Energy-Saving Glass in Windows to Deliver Favorable Economic Returns
Growing Need to Achieve Sustainability and Cost Savings Propels Demand for Green Roofing
Green Roofing Technologies Offer Huge Untapped Market Potential
Critical Need to Prevent Energy Loss and Raise Energy Efficiency Drives Demand for Insulation Technologies
Passive House Standards: The Future of Building Insulation
Aerogels: A Green Insulation Material for Creating Multifunctional Insulation Products
Usage of Recycled Raw Materials in Insulation Products Surges
Insulation Market to Gain from Greenhouse Gas Emission Targets
Green Building Construction and Retrofit Activities Offer Growth Opportunities for Energy-Efficient Lighting Fixtures
Rising Environmental Concerns Drive Demand for Recyclable Options
Green Flooring Made of Renewable Resources Garner Significant Interest
The 'Green' Image of Wood Flooring Drives Demand Growth
Building Resilience: The Next Big Thing in Sustainable Building Construction
Key Considerations in Building Resilient Homes
The 'Go Green' Trend Benefit Demand for Green Panelized Housing
Growing Demand for Rapidly Renewable Materials
Chemical Producers Gain from Green Concept
Favorable Demographic & Economic Trends Strengthen Market Prospects
Exponential Increase in Urbanization
Population Growth
Burgeoning Middle Class Population
Cool Concrete: A Means to Mitigate Urban Heat Island Effect
Innovations that Increase Sustainability Quotient of Ceramic Tiles
Top "Greening" Innovations: A Review
A Glance at Promising Green Building Material Technologies & Products
Green Building Materials for Indoors: A Review of Innovative Products
Other Noteworthy Green Building Technology Innovations
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Green Building Materials Market Share (in %) by Company: 2018 & 2025
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
European Green Building Materials Market: Competitor Market Share Scenario (in %) for 2018 & 2025
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Total Companies Profiled: 145
