Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 430 Billion | USD 1241 Billion | 12.5% | 2023 |
FrequentlyAsked Questions
Sustainable construction materials are defined as construction materials that have a lower environmental impact throughout their life cycle. These materials are developed to minimize resource consumption, lower carbon emissions, and enhance energy efficiency.
Sustainable construction materials are expanding rapidly due to the growing environmental consciousness and increasing urbanization.
According to the report, the global sustainable construction materials market size was worth around USD 430 billion in 2023 and is predicted to grow to around USD 1241 billion by 2032.
The global sustainable construction materials market is expected to grow at a CAGR of 12.5% during the forecast period.
The global sustainable construction materials market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the stringent regulations and the rising product launches.
The global sustainable construction materials market is dominated by players like Alumasc Group Plc, 3M, BASF SE, Bauder Limited, Binderholz GmbH, CertainTeed, DuPont, Forbo Group, Interface Inc., Kingspan Group, Lafarge, National Fiber, Owens Corning, PPG Industries, RedBuil, LLC, Redware Wall Systems and Structurlam Mass Timber Corporation among others.
The sustainable construction materials market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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