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The global bio-based building materials market was valued at USD 24.2 billion in 2023 and is estimated to grow at a CAGR of over 19% from 2024 to 2032.
As governments and the private sector increasingly advocate for sustainable construction methods, the demand for green building materials is on the rise. With a heightened emphasis on energy efficiency, carbon neutrality, and minimizing environmental footprints, bio-based materials—such as hempcrete, bamboo, straw bale, and cork are gaining traction as preferred alternatives to conventional materials like concrete and steel.
Report Attribute | Details |
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Base Year: | 2023 |
Bio-Based Building Materials Market Size in 2023: | USD 24.2 Billion |
Forecast Period: | 2024 – 2033 |
Forecast Period 2024 – 2033 CAGR: | 19% |
2024 – 2033 Value Projection: | USD 112.3 Billion |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 180 |
Segments covered: | Material Type, Construction Type, Application, End Use, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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