Green building materials refer to material which increases the
sustainability & efficiency of a building construction in terms of design,
construction, maintenance and renovation. The materials also known as green
construction & sustainable buildings. They are derived from renewable waste
products and are highly energy efficient. The materials
are employed in construction industry to address several environment challenges
such as anomalous climate change, contamination of fresh water resources, atmospheric
pollution, natural resource depletion, and loss of biodiversity. The key features
are low operating cost, included low maintenance cost, and low water
requirements.
According to study,
“Global Green Building Materials Market Information by
Application (Residential, Commercial, Infrastructure, Industrial) by End-use
(Exterior siding, Interior Finishing, Insulation, Framing, Roofing and others)
and Region - Forecast to 2022” the key companies operating
in the global green building materials market are Alumasc Group plc.,
Wienerberger AG, Bauder Ltd., Binderholz GmbH, CertainTeed Corporation,
Homasote Company, LG Hausys Ltd., PPG Industries, Inc., RedBuilt LLC, E. I. du
Pont de Nemours and Company, Kingspan Limited, Forbo International SA, Lafarge
Company, Owens Corning, BASF SE, American Hydrotech, Inc., Rockwool
International A/S, Amvic, Inc., Sika Sarnafil, Inc., Roseburg Forest Products
Company, Inc., Sika AG, Saint-Gobain SA (France), BMI Group, The Garland
Company, Inc., Standard Industries Inc., USG Corporation, GAF Materials Corp.,
Wienerberger AG, Andersen Corporation, DowDuPont Inc., Mohawk Industries, Inc.,
Ecostar LLC, Johns Manville Corporation, Norbord Inc., Nichiha Corporation,
Firestone Building Products Company, LLC, Armstrong World Industries, Inc., Knauf
Insulation Ltd., Marvin Windows and Doors, Inc., Fletcher Insulation Pty
Limited.
Based on product
type, green building materials market
is segmented into interior products, exterior products, solar products,
building systems and others. Interior products include flooring and insulation.
Exterior products include siding, doors, roofing and windows. Based on sources
type, market is segmented into recycles materials and renewable sources. Based
on material type, market is segmented into bamboo, mycelium, hempcrete, and
straw bales, wood, rammed earth, grasscrete, timbercrete, recycled plastic. Based
on application, market is segmented into framing, exterior siding, interior
siding, roofing and insulation. Insulation
segment holds major share in market owing to its ability of energy
conservation. Based on end-user industry, market is segmented into residential
and non-residential (industrial, commercial & office, hospitality &
leisure, institutional).
The green building materials industry is
driven by rise in national commitments to preserve resources, followed by favorable
government policies for green buildings, growth in demand for low-emission
buildings, increase in urbanization and reduce greenhouse gas emissions. However,
lack of awareness among consumers, high capital investment compared to
conventional buildings, lack of availability of this material and potential
risk of indoor air pollution in green buildings may impact the market.
Moreover, rise in awareness of recycled construction and reduce in cost of
green buildings over time are key opportunities for market.
Based on geography,
the North-American region dominates the green building materials market owing
to rise in need of energy saving construction buildings, growth in consumer
awareness regarding environmental & economic benefits and government &
non-government regulations for energy efficiency practices in the region. The
Asian-Pacific region is anticipated to witness higher growth rate due to increase
in availability of technical expertise, growth in residential construction
sector and rise in renovation activities over the forecast period.
For more information on the research report,
refer to below link:-
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