Demystifying the Demand Dynamics of the Global Sustainable Building Materials Market | Insights and Projections by 2027

Posted 2023-06-20 10:12:32

Introducing the Global Sustainable Building Materials Market: An Insightful Research Report

A recently published research report by MarkNtel Advisors reveals compelling findings on the growth potential of the Global Sustainable Building Materials Market Size, Share, Growth, Demand, And Future FY2028. The report projects a robust expansion of approximately 11% CAGR during the period of 2022-27. Employing comprehensive analytical techniques, the researchers have meticulously examined market dynamics, presenting an array of statistical data spanning historic years 2017-20 and the base year 2021. The findings are thoughtfully illustrated through graphs, diagrams, tables, and pie charts, offering stakeholders a clear understanding of the industry's trajectory and empowering them to make well-informed decisions.

In addition to providing an overarching industry overview, the report also encompasses business-oriented tactics, strategies, and revenue generation plans set forth by prominent players within the projected timeline. Furthermore, it conducts an assessment of the leading companies that hold the highest stakes in the market.

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Key Aspects Covered in the Global Sustainable Building Materials Market Report -

The report highlights significant developments, trends, the introduction of new services, expansions in product portfolios, revenue generation, stakeholder investments, growth strategies, and the influence of governments. These parameters collectively aim to enlighten stakeholders and enable them to make informed decisions.

Key Driver: Rising Government Initiatives Towards Sustainable Building Materials

The rising push by the government to adopt sustainable buildings for limiting & reducing greenhouse gas emissions has accelerated the demand for sustainable building materials. Further, the governments of several countries, including the US, China, Spain, and India, have enacted various initiatives that provide upfront discounts & tax exemptions, among other benefits. Consequently, this has resulted in the establishment of new green buildings globally, which has propagated the demand for sustainable building materials across the globe.

In 2020, the European Commission launched the Climate Target Plan 2030 to cut net greenhouse gas emissions in the European Union (EU) by at least 55% by 2030. To achieve this, the EU has identified the construction sector as one of the crucial parts of the plan. The plan involves the reduction of buildings' greenhouse gas emissions by 60%, their final energy consumption by 14%, and energy consumption for heating and cooling by 18%. In addition, the EU has promoted the utilization of sustainable building materials to scale this optimum sustainability of the buildings in the region.

Possible Restraint: High Capital Investment as Compared to Conventional Buildings

In comparison to conventional building materials, sustainable building materials have a higher upfront cost, which has discouraged many buyers from switching. Furthermore, these materials don't provide any immediate financial benefits, yet their costs can be recovered over the long run. Due to this, the end-users have not been investing in buying sustainable building materials. Consequently, this has led to low adoption of sustainable building materials by real estate developers, individual builders, homeowners, among others.

Segmentation Analysis of Global Sustainable Building Materials Market –

The report features a comprehensive analysis of all segments profiled in the Global Sustainable Building Materials Market research report, highlighting their expansion across different geographic regions. It provides in-depth insights into the overall size and volume of products/services, along with an examination of their demand and industry fluctuations. Furthermore, the report familiarizes stakeholders with demand, production, and distribution mapping, providing valuable insights into potential growth opportunities in the coming years.

The segmentation analysis is as follows -

By Product Type

- Exterior

-- Windows

-- Roofing

-- Others (Doors, Sidings, etc.)

- Interior

-- Floorings

-- Insulation

-- Building Systems

- Solar Systems

- Others

-- Composites

-- Coatings

-- Others (Finishing, Framing, etc.)

By End User

- Residential

- Non-Residential

-- Commercial

-- Institutional

-- Others (Industrial, Hospitality, etc.)

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Top Companies in Global Sustainable Building Materials Market

- Kingspan Group plc

- Amvic Inc.

- BASF SE

- Alumasc Group plc

- Bauder Ltd.

- Binderholz GmbH

- E. I. du Pont de Nemours and Company (DuPont)

- Forbo Holding Ltd

- Interface Inc.

- Owens Corning

- Sika AG

- Nexii Building Solutions Inc.

- Saint-Gobain (CERTAINTEED)

- Chengdu Onekin Green Building Materials Co. Ltd

- Soben International (Asia Pacific) Ltd

Recent Developments in the Global Market

In 2021, Sika acquired American Hydrotech Inc., based in the US, and its associate Hydrotech Membrane Corporation, based in Canada. With these acquisitions, Sika would benefit from Hydrotech’s experience in providing green roofs with the use of liquid membranes. It would help Sika to extend its portfolio of full-system roofing & waterproofing solutions.

In 2021, Sika signed an agreement to acquire MBCC Group, one of the leading suppliers of construction chemicals globally. Through this acquisition, the company aims to expand its product portfolio of sustainable construction products.

Geographical Coverage –

The Global Sustainable Building Materials Market spans across the following regions/countries:

- North America

- South America

- Europe

- Middle East & Africa

- Asia-Pacific

Reasons to Buy the Global Sustainable Building Materials Market Report :

The Global Sustainable Building Materials Market research report offers unbiased and accurate insights into the ever-evolving industry landscape. It equips stakeholders with the necessary understanding of key trends shaping the market, enabling them to develop effective business strategies. This study serves as a valuable tool for gauging the market's growth potential and understanding the competitive landscape, aiding strategic investments.
In conclusion, the research report by MarkNtel Advisors presents a compelling and insightful analysis of the Global Sustainable Building Materials Market. With its meticulous research methodology, comprehensive data representation, and in-depth examination of key market dynamics, the report serves as a valuable resource for industry stakeholders.
By providing a detailed overview of the market's historical performance and projecting its future growth, the report equips stakeholders with a solid foundation for decision-making. The comprehensive analysis of revenue generation across different geographical segments offers a nuanced understanding of market trends and consumer behaviours, enabling businesses to align their strategies accordingly.
The research report's credibility stems from the unbiased and accurate data gathered using robust analytical tools such as SWOT and PESTLE analysis. These methodologies ensure that the information presented is objective and reliable, and enable stakeholders to make well-informed decisions.

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Explore the Report's Framework: Get Oriented with the Table of Contents for a Clear Understanding

- Market Segmentation
- Introduction
- Executive Summary
- Market Porters Five Forces Analysis
- Market Technological Changes
- Market Trends & Insights
- Market Dynamics

In summary, the research report by MarkNtel Advisors offers an in-depth and comprehensive analysis of the Global Sustainable Building Materials Market. By providing valuable insights into market dynamics, trends, and competitive landscape, the report empowers stakeholders to make informed decisions, seize opportunities, and stay ahead in this dynamic industry.

About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

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