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By 2031, the Green Building Materials Market is forecasted to attain $791.8 billion, reflecting a CAGR of 9.9% from 2024 to 2031.<br><br>
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1Green Building Materials Market to be Worth $791.8 Billion by 2031
Global Green Building Materials Market – 2024-2031 According to a new report from Meticulous Research® titled “Green Building Materials Market by Type, Product, Application, Sector, and Geography –Global Forecast to 2031,” the green building materials market is expected to reach $791.8 billion by 2031, growing at a CAGR of 9.9% from 2024 to 2031. Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5985 This growth is attributed to the increasing demand for energy-efficient buildings, greater adoption of sustainable materials, and supportive governmental policies. However, the higher initial costs associated with green building materials compared to traditional options may hinder growth. Despite this, the growing focus on environmental sustainability will present significant opportunities for market players. One major challenge is the limited awareness regarding the benefits and availability of green building materials. The market is divided by type into recycled materials, natural materials, and other materials. Recycled materials are projected to hold more than 54.0% of the market share in 2024, driven by increased recycling initiatives and government incentives. The product categories in the market include exterior products, interior products, solar products, and others. Exterior products are expected to dominate with over 43.0% of the market share in 2024, fueled by rising demand for energy-efficient insulation and roofing solutions. By application, roofing is anticipated to lead the market with over 40.0% share in 2024. This growth is driven by the increasing demand for sustainable roofing solutions in residential buildings. In terms of sector, the residential segment is projected to capture the largest share of 42.0% in 2024, driven by rising demand for energy-efficient homes and insulation. This sector is also expected to grow at the highest CAGR during the forecast period. Geographically, North America is expected to hold a 35.0% share of the market in 2024, due to the presence of major industry players and supportive policies. However, the Asia-Pacific region is set to grow at the highest CAGR of 11.0%, driven by rapid infrastructure development and supportive government policies in countries like Japan, South Korea, and India. Key Players The key players operating in the green building materials market are DuPont de Nemours, Inc. (U.S.), Holcim Group (Switzerland), Interface Inc. (U.S.), Kingspan Group plc (Ireland), Owens Corning (U.S.), PPG Industries, Inc. (U.S.), Sika AG (Switzerland), Bauder Ltd. (U.K.), Amvic Inc. (Canada), Binderholz GmbH (Germany), Alumasc Group Plc (U.K.), BASF SE (Germany), CertainTeed, LLC. (U.S.), Forbo International SA (Switzerland), and LG Hausys Ltd (South Korea). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/green-building-materials-market-5985 Key Questions Answered in the Report: Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com
Global Green Building Materials Market – 2024-2031 • Which are the high-growth market segments in terms of material, product, application, and sector? • What was the historical market size for green building materials globally? • What are the market forecasts and estimates for 2024–2031? • What are the major drivers, restraints, opportunities, challenges, and trends in the green building materials market? • Who are the major players in the green building materials market, and what are their market shares? • What is the competitive landscape like? • What are the recent developments in the green building materials market? • What are the various growth strategies adopted by major market players? • What are the major market trends, and which are the high-growth countries? • Who are the local emerging players in the green building materials market, and how do they compete with other players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com