GLOBAL GREEN BUILDING MATERIALS MARKET WORTH USD 378.53 BILLION BY 2024

Mourya
Mourya
The report "Global Green Building Materials Material”: Market Segmentation By Type (Exterior Finishes, Roofing, Siding, Windows, Doors, Interior Finishes, Insulation, Flooring, Solar Products And Building Systems); By End-User (Residential, Commercial, Infrastructural And Industrial) & By Geography (Asia Pacific, North America, Europe, Middle East And Africa, South America) - Forecast And Estimation (2018-2024). The Global Green Building Materials market size is estimated to be USD 180.26 Billion in 2017 and is expected to reach USD 378.53 Billion by 2024 at a CAGR of 12.5%. Green building materials reduce the environmental impact associated with processing, fabrication, installation, recycling of building materials. Eco-friendly nature and energy efficiency. Download a free sample report @ https://www.envisioninteligence.com/industry-report/global-green-building-materials-market/ Exterior Finishes by type in green building material market is accounted for almost one-third of the market share. Green building material industry statistics reveal exterior products segment is accounted to have a major share in the market. Green building exterior products in construction industry offer energy efficiency, durability, low maintenance, operation costs and waste reduction over traditional construction techniques. Roofing segment in exterior products holds the maximum share as many buyers are implementing green roofing technology to preserve building temperature and store rainwater owing to the speedy climatic change. These products are manufactured using recycled materials and it is contributing to over XX% of the market share. Residential segment is accounted for the largest share in the market in 2017 and is expected to boost the green building industry growth. Green Building material market is segmented into residential, commercial, infrastructural and industrial segments based on end users. Among which Residential segment is accounted for the largest share and is expected to grow at a CAGR of XX % owing to the Increase in concerns regarding rising in energy prices accelerating climate change, negative health impact associated with building materials and stormwater runoff polluting rivers and lakes have reinforced the need for green building construction in residential sector. North America is expected to be dominant market during the forecast period North America is expected to be the major market during the forecast period and the factors boosting the market in North America mainly includes supportive regulatory policies and building codes favoring use of these products and economic benefit coupled with consumer awareness towards environmental benefits are expected to drive the market in this region. The prominent players in the Green building material market include Alumasc Group Plc, AMVIC Building Systems, Binderholz GmBH, Bauder Ltd, BASF SE, and Interface and others.