Top Emerging Trends Of Green Building Materials Market Progress Forecast with CAGR of 11.2% till 2022 |Grand View Research, Inc.

The global green building materials market size is expected to reach USD 364.6 billion by 2022, according to a new report by Grand View Research, Inc. Growing demand for environmental-friendly and sustainable building materials is expected to propel the growth of the market.
Green building materials prevents the usage of toxic paints containing lead, in turn improving indoor air quality. Furthermore, the products also offer plentiful natural lighting thereby reducing energy usage which thereby reduces the overall expenditure. Copious raw material availability coupled with a large number of manufacturers is expected to aid the growth of market.

Key industry participants include PPG Industries, 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 and Alumasc Group.

 Browse Research Report On green building materials Market:
https://www.grandviewresearch.com/industry-analysis/green-building-materials-market

Further key findings from the report suggest:
  • Structural product segment is expected to reach USD 239.1 billion by 2022, owing to their superior aesthetics, and durability, and ability to reduce carbon emissions.
  • Insulation is estimated to be the fastest growing application with a growth rate of 11.7% over the forecast period, on the account of its high energy efficiency coupled with heightened emphasis on the installation of interior insulation solutions
  • The demand for the product in Asia Pacific is expected to reach a value of USD 78.4 billion by 2022 in the wake of rising residential construction and growing infrastructure development.
  • Manufacturers primarily focus on the production of standard products for consumers. However, customizations as per consumer preference are expected to be the way forward which in turn is anticipated to propel demand.
Construction sector is expected exhibit high demand as the developers and consumers are putting a high emphasis on cost-saving, environmental-friendly, and energy-efficient structures. Industry growth is also aided by the recovery in construction activity as demand for residential and commercial projects rebounds.
Increasing government focus on energy-efficiency and green buildings as a stimulus against recent global crisis is expected to influence the product demand. Rising energy costs and high performance green building products are the primary industry propellants. However, uneven enforcement of energy regulation and highly price-sensitive consumers may hamper the growth of the industry.

Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-green-building-materials-market
Grand View Research has segmented the green building materials market on the basis of product, application:
Green Building Materials Product Outlook (Revenue, USD Billion; 2012 - 2022)
  • Structural
  • Exterior
  • Interior
  • Others
Green Building Materials Application Outlook (Revenue USD Billion; 2012 - 2022)
  • Framing
  • Insulation
  • Roofing
  • Exterior Siding
  • Interior Finishing
  • Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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