Sustainable Building Materials Market is Projected to Grow at a CAGR of 11% from 2022-2027 | MarkNtel Advisors

Sustainable Building Materials Market is Projected to Grow at a CAGR of 11% from 2022-2027 | MarkNtel Advisors

Sustainable Building Materials Market is Projected to Grow at a CAGR of 11% from 2022-2027 | MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Sustainable Building Materials Market, The Global Sustainable Building Materials Market is projected to grow at a CAGR of around 11% during the forecast period, i.e., 2022-27. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Sustainable Building Materials Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

  • Forecast Period: 2022-2027
  • CAGR (2022-2027): 11%

Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

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Global Sustainable Building Materials Market Segmentation Breakdown:

The Sustainable Building Materials Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

  • By Product Type
    • Exterior
      • Windows
      • Roofing
      • Others (Doors, Sidings, etc.)
    • Interior
      • Floorings
      • Insulation
      • Building Systems
    • Solar Systems
    • Others
      • Composites
      • Coatings
      • Others (Finishing, Framing, etc.)

Of them all, Solar Systems accumulated a notable market share in the global sustainable building material market during the historical period.

  • By End User
    • Residential
    • Non-Residential
      • Commercial
      • Institutional
      • Others (Industrial, Hospitality, etc.)

Among these, the Residential end-user acquired a significant market share in the Global Sustainable Building Material market during the historical period.

Geographical Growth Insights:

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Geographically, North America witnessed a sizeable growth in the Sustainable Building Material market, owing to its proactive efforts to mitigate adverse environmental effects by the construction industry.

MarkNtel Advisors Highlights Key Market Drivers for Sustainable Building Materials Market:

Rising Government Initiatives Towards Sustainable Building Materials

The rising push by the government to adopt sustainable buildings for limiting & reducing greenhouse gas emissions has accelerated the demand for sustainable building materials. Further, the governments of several countries, including the US, China, Spain, and India, have enacted various initiatives that provide upfront discounts & tax exemptions, among other benefits. Consequently, this has resulted in the establishment of new green buildings globally, which has propagated the demand for sustainable building materials across the globe.

  • In 2020, the European Commission launched the Climate Target Plan 2030 to cut net greenhouse gas emissions in the European Union (EU) by at least 55% by 2030. To achieve this, the EU has identified the construction sector as one of the crucial parts of the plan. The plan involves the reduction of buildings' greenhouse gas emissions by 60%, their final energy consumption by 14%, and energy consumption for heating and cooling by 18%. In addition, the EU has promoted the utilization of sustainable building materials to scale this optimum sustainability of the buildings in the region.

A Comprehensive Analysis of Leading Companies in Global Sustainable Building Materials Market

  • Kingspan Group plc
  • Amvic Inc.
  • BASF SE
  • Alumasc Group plc
  • Bauder Ltd.
  • Binderholz GmbH
  • I. du Pont de Nemours and Company (DuPont)
  • Forbo Holding Ltd
  • Interface Inc.
  • Owens Corning
  • Sika AG
  • Nexii Building Solutions Inc.
  • Saint-Gobain (CERTAINTEED)
  • Chengdu Onekin Green Building Materials Co. Ltd
  • Soben International (Asia Pacific) Ltd

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/sustainable-building-materials-market.html

Global Sustainable Building Materials Market Possible Restraint:

  • High Capital Investment as Compared to Conventional Buildings

In comparison to conventional building materials, sustainable building materials have a higher upfront cost, which has discouraged many buyers from switching. Furthermore, these materials don't provide any immediate financial benefits, yet their costs can be recovered over the long run. Due to this, the end-users have not been investing in buying sustainable building materials. Consequently, this has led to low adoption of sustainable building materials by real estate developers, individual builders, homeowners, among others.

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Note: If you need additional information not included in the report, we can customize it to suit your requirements.

Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/sustainable-building-materials-market.html

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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