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Global Green Building Materials Market Report to 2027: Residential Segment to Witness Strong Growth

Global Green Building Materials Market Report to 2027: Residential Segment to Witness Strong Growth

PR Newswire

DUBLIN, March 30, 2023 /PRNewswire/ -- The "Green Building Materials Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to's offering.


The green building materials market was estimated at more than USD 190 billion in 2021, and the market is projected to register a CAGR of over 8.8% during the forecast period.

Companies Mentioned 

  • Black Mountain Insulation Limited
  • Binderholz GmbH
  • Saint-Gobain (CERTAINTEED)
  • IsoHemp
  • DuPont
  • Interface Inc.
  • Kingspan Group
  • Nexii Building Solutions
  • Chengdu Onekin Green Building Materials Co. Ltd
  • Owens Corning
  • Sika AG
  • Soben International (Asia Pacific) Ltd

Key Market Trends

Residential Segment to Witness Strong Growth

  • Green building construction in the residential sector is increasing due to the rising number of building regulations and policies mandating energy-efficient structures. This has created a market for environment-friendly and energy-conserving materials used in residential construction.
  • In the Asia-Pacific region, countries such as China and India have already been facing environmental pollution-related problems, which has grasped the attention of governments to take the initiative in this regard.
  • The Indian government has provided initiatives like the Green Rating for Integrated Habitat Assessment (GRIHA) to promote green buildings. It has mandated for all central government and PSU buildings to get at least 3-star ratings under GRIHA, thus boosting the demand for market studied.
  • Green building materials are majorly becoming popular in Germany, the United States, and other western European and Scandinavian countries such as Austria, Switzerland etc..
  • According to Green Building Information Gateway (GBIG), in Austria, there are more than 229 green buildings, where 138 are certified by BREEAM, 89 by LEED, 40 by DGNB and rest among others. Furthermore, the government is encouraging more investments and subsidiaries for development of more such buildings.
  • Furthermore, the U.S. Green Building Council (USGBC) has named Hesse as the top state in Germany with the highest number of LEED certified green buildings. Hesse is home to nearly 3 million GSM (grams per square meters) of building space comprising 95 LEED certified projects. Following very closely is Bavaria with 66 LEED certified projects comprising 1.3 million GSM of building space.
  • All such factors are likely to increase the demand for green building materials over the forecast period.

North America Region to Dominate the Market

  • The North American region dominated the global market share. The construction sector has been witnessing growth in the region due to increased demand for houses and a rise in renovation projects.
  • Various government efforts and regulation mandates, such as Leadership in Energy and Environmental Design (LEED), Green Building Certification, subsidies for green housing projects, etc., have been driving the construction of green buildings in the region.
  • In 2020, according to the U.S. Green Building Council (USGBC), 1,171 projects have been certified with LEED certification for green buildings in United States with 281.05 million GSF land.
  • Similarly, in Canada, Toronto and Vancouver have become a hotspot for construction, propelled by a hot real estate market. Developers have been looking forward to good returns on investment in the country, particularly with high-density residential projects.
  • According to Canada Green Building Council (CaGBC) report, with the government investment and proactive policy, green building could achieve 1.5 million jobs, eliminate 53 million tonnes of carbon, and grow the economy by USD 150 billion in GDP by 2030.
  • Within a decade, green buildings have resulted into 4.9 million CO2e tonne reduction in greenhouse gas emissions along with energy savings of 25.5 million eMWh which is enough to power 867,000 homes in Canada for a full year.
  • Hence, such favorable trends in the North American construction industry are expected to continue driving the demand in the green building materials market over the forecast period.

Key Topics Covered:





4.1 Drivers

4.1.1 Increasing Demand for Insulation and Energy-efficient Buildings

4.1.2 Favorable Government Policies for Green Buildings

4.2 Restraints

4.2.1 High Capital Investment Compared to Conventional Buildings

4.2.2 Impact of COVID-19 on the Market

4.3 Industry Value Chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION (Market Size by Value)

5.1 Application

5.1.1 Framing

5.1.2 Insulation

5.1.3 Roofing

5.1.4 Exterior Siding

5.1.5 Interior Finishing

5.1.6 Other Applications

5.2 End-user Industry

5.2.1 Residential

5.2.2 Commercial

5.2.3 Institutional

5.2.4 Other End-user Industries

5.3 Geography


6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Share (%)**/Ranking Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles


7.1 Declining Cost of Green Buildings Over Time

7.2 Increasing Awareness About Recycled Construction

For more information about this report visit

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