Various factors are propelling the global green building market share. As per the current MRFR report, such factors include the rising environmental concerns, strict government regulations, demand in the industrial sector for its low maintenance and operational costs, growing need for energy-efficient technologies, and rising preference in commercial residential buildings.

On the contrary, high material cost coupled with labor shortage in the construction industry, especially in the US due to the COVID-19 pandemic, may limit the global green building market growth during the forecast period.

Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global green building market based on products and application.

By products, the global green building market is segmented into exterior and interior products. Of these, the exterior products segment will lead the market over the forecast period for its increasing use in the construction sector owing to its excellent properties such as low maintenance, low operation cost, energy efficiency, durability, no waste reduction in comparison to traditional construction methods.

By application, the global green building market is segmented into non-residential and residential. Of these, the residential segment will dominate the market over the forecast period for the growing concerns about the rising energy prices, accelerating climate change, storm water runoff polluting rivers and lakes, and the negative effect on the health of traditional building materials.

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Regional Analysis

The global green building market in Europe is predicted to have the second-largest share over the forecast period. Availability of technical expertise, strict government regulations, rapid climatic changes, aim for zero energy building emission, low operating cost, low payback period, and favorable government policies are adding to the global green building market growth in the region.

The global green building market in the APAC region is predicted to have healthy growth over the forecast period. Rapid industrialization, growing population, rising environmental concerns, measures to promote clean energy, rising research and development activities, and environmental regulations for supporting health building, reducing pollution, and energy conservation are adding to the global green building market growth in the region.

The global green building market in the MEA is predicted to have sound growth over the forecast period for the growing need for green buildings for the region's extreme climate conditions.

Key Players

Eminent players profiled in the global Green Building Materials Industry report include Weinerberger AG (Austria), Green Build Products (I) Pvt Ltd (India), Green Building Store (U.K.), E. I. du Pont de Nemours and Company (U.S.), SGS (Switzerland), Saint Gobain S.A. (Germany), Ginkgo Sustainability (Canada), Kingspan Group plc (Ireland), Bauder Limited (U.K.), and NATiVE (U.S.).

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