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Last edited 01 Jun 2017
Green building materials market
The global green building materials market was valued at around USD 127.5 billion in 2014 and is expected to reach USD 255 billion in 2020, growing at a CAGR of around 12%. In terms of volume, the global green building materials market stood at 5,500.0 kilo tons in 2014.
Green building materials are contribute to the efficiency and sustainability of building's fabric in terms of design, construction, maintenance, renovation, and demolition. Leadership in Energy and Environmental Design (LEED), Green Building Evaluation Labeling (GBEL) and Building Research Establishment Environmental Assessment Method (BREEAM) are some of the leading rating systems for green buildings. In order to achieve green building certification, a green building project needs to fulfill a number of criteria, including energy and resource-efficiency and the use of sustainable building materials.
The green building sector is one of the fastest growing industries worldwide. Green building systems like LEED, the ICC 700 National Green Building Standard, BREEAM, etc. are likely to drive further demand for green building projects. Regulations, retrofitting and renovation are also driving demand for green building materials.
The key application categories are:
Insulation accounted for 23% of the total green building materials by volume consumed in the year 2014. This trend is expected to continue for the duration of the forecast period. Interior finishing is expected to be the fastest growing segment, where green building materials such as wood, recycled carpet tiles, and volatile compound-free paints are replacing conventional materials. Increasing demand for VOC-free glue and paints and solar tiles manufactured from recycled materials is expected to drive this segment of the market.
Key end-user categories are:
North America and Europe are witnessing the robust growth due to environmental concerns, growing awareness about environmental sustainability and national, state and municipal regulations and policies. North America was the largest regional market in 2014, accounting for more than 40% of the total green building materials volume consumed in 2014.
Alumasc Group Plc, Amvik Systems, BASF SE, Bauder Limited, Binderholz GmbH, CertainTeed Corporation, E. I. du Pont de Nemours and Company, Forbo International SA, Interface Inc., Kingspan Group plc, Lafarge, Lhoist UK Ltd/Tradical, National Fiber, Owens Corning, PPG Industries, RedBuilt, LLC, Reward Wall Systems, Structurlam Products Ltd are some of the key participants in the green building materials market.
 Find out more
 Related articles on Designing Buildings Wiki
- Chain of custody.
- Code for Sustainable Homes.
- Deleterious materials.
- Design for deconstruction.
- Embodied energy.
- End of life potential.
- Environmental Impact Assessment.
- Environmental legislation.
- Environmental plan.
- Life cycle assessment.
- Recyclable construction materials.
- Site waste management plan.
- Ska rating.
- Sustainable development.
- Sustainable materials.
- Whole life costs.
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