Green Building Materials Market Overview:
Low operational & maintenance costs and pressure of environmental regulations pertaining emissions are the major factors that drive the green building materials market across the globe. In addition, government in developed countries has introduced policies and incentives to encourage green construction, which supplements the growth of this market. Leadership in Energy and Environmental Design (LEED), Building Research Establishment Environmental Assessment Method (BREEAM), and Green Building Evaluation Labeling (GBEL) are some of the rating systems for green buildings in U.S., UK, and China, respectively. Innovation of new advanced technologies and increase in R&D activities to study effective design procedures and construction techniques will boost the green building materials market demand. Cost concerns and market barriers though hinder the market growth, rise in growth of construction industry provides a great potential for market expansion of green building materials.
Green building materials market is segmented on the basis of product type, application, and geography. Based on product type, the market is categorized into exterior products, interior products, building systems, solar products, and others. Others include structural products and permeable pavement. According to application, the green building materials market is classified into residential buildings and non-residential buildings. Non-residential segment includes commercial & office, institutional, industrial, hospitality, and leisure. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Porter’s Five Forces Analysis:
Green building employs pollution free production technology and low energy manufacturing processes, which helps control expenses and environmental hazards. The demand for raw materials used in green building materials market has increased considerably over the years, whereas the sources from which these raw materials are derived are limited in nature. The raw material differentiation is less in the market. Majority content employed in production of advanced green building materials constitute of tailings, garbage, and waste materials. Switching cost is moderate due to significant number of suppliers in the green construction materials industry. Raw material suppliers have decent distributing networks through which they supply raw materials across the globe. Thus, considering all aforementioned factors and their overall impact, the bargaining power of supplier is average in this market.
Emission Reduction Potential of Green Building Materials
Building and construction sector accounts for more than two-thirds of total greenhouse gas emissions across the globe. Thus, there is a great potential for reducing greenhouse emissions by enhancing the energy efficiency of buildings and communities. Reductions in greenhouse emissions can be accomplished by construction of new green buildings with low energy consumption and retrofitting of existing buildings.
Cost Concerns and Market Barriers
A wide variety of cost concerns and market barriers exist in the green building construction market including “split incentive” barrier, i.e., owners of the houses don’t make effective investments in their properties as the occupants reap benefits from these investments and not owners. A total of 40% of commercial buildings and 32% of households are rented or leased.
Top Winning Strategies
To withstand the competition, the key players in the global green construction materials industry have adopted different key business strategies, such as acquisitions, expansions, product launch, and collaboration. The key market players profiled in this report are green building material manufacturers and suppliers, who serve the product globally to several end-user industries. Data pertaining the market players and their strategic moves are gathered through press releases of respective companies, various blogs available on the website, and primary calls made to the experts in the green construction materials industry.
Global Green Building Materials Market Top Winning Strategies, 2012-2016* (%)
Major players that operate in green building materials market are Alumasc Group Plc (UK), Amvik Systems (Canada), BASF SE (Germany), Bauder Limited (UK), Binderholz GmbH (Germany), E. I. du Pont de Nemours and Company (U.S.), Forbo International SA (Switzerland), Interface Inc. (U.S.), Kingspan Group plc (Ireland), and Owens Corning (U.S.).
Other key players in the global green building materials industry value chain include, Acoustical Surfaces, Inc. (U.S.), Cemex S.A.B. de C.V. (Germany), Cold Mix Manufacturing Corp. (U.S.), GE Sealants and Adhesives, Inc. (U.S.), Green Build Products (I) Pvt. Ltd. (India), Green Fiber, LLC (U.S.), Magicrete Building Solutions Pvt. Ltd. (India), Momentive Performance Materials Inc. (U.S.), National Fiber Technology, LLC (U.S.), Novagard Solutions, Inc. (U.S.), Onekin Green Building Materials Co. Ltd. (China), PPG Industries, Inc. (U.S.), RedBuilt, LLC (U.S), Reward Wall Systems, Inc. (U.S.), Sika AG (Switzerland), Soben International Eco Ltd. (China), Structurlam Products Ltd. (Canada), Sunlight Electrical Pte Ltd. (Singapore), Techno Green PVC Pvt. Ltd. (India), and ZinCo USA, Inc. (U.S.).
GREEN BUILDING MATERIALS MARKET KEY BENEFITS:
- The green construction materials market research provides a quantitative and qualitative analysis of the current market trends, estimations, and dynamics through 2014‐2022, which assist in identifying the prevailing market opportunities in different product and application segments.
- Market trends of major countries in each region are mapped according to forecasted green construction materials market revenue.
- Top investment pockets which showcase the opportunity in the most lucrative product segment is part of the study.
- Focused study of the factors that drive and restrict the growth of green building materials market is provided.
- An in-depth analysis of different green building products within the market is provided with key factors that highlight the market behavior, and analyses green building materials market share by type, application and region.
- Key manufactures of green building material are profiled and their recent developments are listed.
GREEN BUILDING MATERIALS MARKET KEY SEGMENTS:
By Product Type
- Exterior Products
- Interior Products
- Building Systems
- Solar Products
- Residential Buildings
- Non-residential Buildings
- Commercial & Office
- Hospitality & Leisure
- North America
- Rest of Europe
- South Korea
- Hong Kong
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA