Product Overview

Green building is a technology to create an infrastructure that is environmentally friendly. The aim of these designs is to reduce the negative impacts of residential and commercial buildings on human health and the environment by choosing, constructing, designing, maintaining, and disposing of green building materials at most over the entire life cycle. The construction of green buildings includes the materials such as straw bales, rammed earth, grass Crete, bamboo, wood, and recycled plastic. Green building materials are made up of renewable sources and recycled materials. Using green building materials provide various benefits including easy maintenance, waste reduction, temperature regulation, high return on investment, and improved air quality.

Market Highlights

Global Green Building Materials Market is expected to project a notable CAGR of 10.16% in 2030.

Global Green Building Materials Market to surpass USD 711.06 billion by 2030 from USD 270.26 billion in 2020 at a CAGR of 10.16% in the coming years, i.e., 2021-30. The market is estimated to grow owing to escalating constriction activities, growing government regulations, and initiatives to implement environmentally sustainable and energy-efficient building standards. Green building materials help in reducing global warming as they offer a lower carbon footprint. Additionally, rising consumer awareness towards health and energy efficiency is driving the market growth. The demand for green building materials is also increasing due to various monetary and environmental benefits. It improves the indoor air quality by eliminating the use of toxic paints which contain lead.

Recent highlights in the Global Green Building Materials Market

In August 2019, Owens Corning announced to invest $445mn in a green bond, substantial project.

In August 2019, CertainTeed launched CertaSeal INT, a new water-based, liquid acrylic, spray-on air sealing solution that offers code-compliant airtightness for homes. No air supply is required as it has no VOCs or off-gassing during installation.

Global Green Building Materials Market: Segments

Insulation segment to grow with the highest CAGR during 2021-30

Global Green Building Materials Market is segmented by Application into insulation, roofing, framing, interior finishing, exterior siding, and others. Insulation segment held the largest market share in the year 2020 owing to its ability to conserve energy. Insulation lowers the energy consumption, reduces noise, increases comfort, and averts condensation issues in buildings. Properly fitted green insulation provides several benefits including financial and improvements in comfort to homeowners.

Residential segment to grow with the highest CAGR during 2021-30

Global Green Building Materials Market is divided by End User into commercial, residential and institutional. Residential segment held the largest market share in the year 2020 and will continue to dominate the market in the coming years. With the increasing health concerns among populace regarding the energy efficiency and rising disposable income, the construction of green buildings in residential sector is increasing. Besides, due to the growing number of building regulations and policies mandating energy-efficient sustainable structures, the green building construction is rising.

Market Dynamics

Drivers

Growing government regulations for energy saving and environmental emissions

Increasing government policies and investments and pressure from environmental regulations regarding emissions are the major factors fueling the market growth. To promote green building construction, the government of various countries especially developed countries has started the programs and incentives which is spurring market growth. Furthermore, high-performance green construction, such as the U.S. Recovery and Reinvestment Act, is also facilitated by governments in different developed countries. Advent of new technology and rising research and development activities to analyze efficient construction methods and building procedures is projected to further drive the demand for green building materials.

Increasing awareness among consumers regarding energy efficiency

Growing health concerns and responsibility towards environmental safety and rising demand for efficient energy usage is estimated to surge the demand for green building materials in the coming years. Over the last few years, a significant increase has been seen in stress levels and associated health concerns among the populace. Home and work environments have a significant effect on an individual's well-being, contributing to an increased consumer tendency towards esthetically pleasing green buildings that look desirable and help relieve physical and mental issues at the same time. In addition, construction of green building provides various financial and economic advantages including low construction costs, cost savings on utility bills for households or occupants and high value of property.

Restraint

Dearth of raw materials

Lack of raw material, requirement of high initial cost and time-consuming process of construction is likely to restrict the market growth. The materials used in the construction of green buildings such as grass Crete, hempcrete, bamboo, rammed earth and wood are not usually available. The method of using these materials in construction entails exorbitant investment and requires skilled professional, which makes the process of construction green projects capital intensive.

Global Green Building Materials Market: Key Players

PPG Industries

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

E. I. du Pont de Nemours and Company

Forbo International SA

Interface Inc.

Kingspan Group plc

Lafarge

BASF SE

Owens Corning

National Fiber

RedBuilt, LLC

CertainTeed Corporation

Binderholz GmbH

Bauder Limited

Alumasc Group

Other prominent players

Global Green Building Materials Market: Regions

Global Green Building Materials Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Green Building Materials Market in North America held the largest market share in the year 2020. North America will continue to dominate the global Green Building Materials Market because of the favorable government policies regarding the usage of green building materials in construction activities along with renovation activities. The construction industry in the region is expanding due to the growing population and increased demand for houses. Mexico has been witnessing high demand for housing, for which, the region is attracting noticeable investment into construction. Hence all these favorable trends in the regional construction sector is anticipated to drive the demand for green building materials.

Global Green Building Materials Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global Green Building Materials Market report also contains analysis on:

Green Building Materials Market Segments:

By Product

Structural

Interior

Exterior

Solar Products

Others

By Application

Insulation

Roofing

Framing

Interior Finishing

Exterior Siding

By End User

Commercial

Residential

Institutional

Green Building Materials Market Dynamics

Green Building Materials Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Green Building Materials Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Green Building Materials Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Green Building Materials Market

11.1. Market Size & forecast, 2020A-2030F

11.1.1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

11.1.2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Green Building Materials Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2. By Product: Market Share (2020-2030F)

12.2.1. Structural, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2.2. Interior, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2.3. Exterior, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2.4. Solar Products, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.2.5. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3. By Application: Market Share (2020-2030F)

12.3.1. Insulation, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.2. Roofing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.3. Framing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.4. Interior Finishing, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.5. Exterior Siding, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.3.6. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.4. By End User: Market Share (2020-2030F)

12.4.1. Commercial, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.4.2. Residential, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12.4.3. Institutional, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

13 Company Profile

13.1. PPG Industries

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. E. I. du Pont de Nemours and Company

13.3. Forbo International SA

13.4. Interface Inc.

13.5. Kingspan Group plc

13.6. Lafarge

13.7. BASF SE

13.8. Owens Corning

13.9. National Fiber

13.10. RedBuilt, LLC

13.11. CertainTeed Corporation

13.12. Binderholz GmbH

13.13. Bauder Limited

13.14. Alumasc Group

13.15. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)