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Green Building Materials Market Share

Report ID: GMI4990
Published Date: Feb 2022
Report Format: PDF

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Green Building Materials Market Share

Key players engaged in the market include:

BASF SE
Sika AG
PPG Industries, Inc
Owens Corning
Kingspan Group
Dupont de Nemours, Inc.

Companies are engaged in strategic collaborations, mergers & acquisitions, and product launches, to enhance their market shares. In November 2021, Sika AG signed a definitive agreement to acquire MBCC Group, formerly known as BASF Construction Chemicals, from Lone Star Funds, a global private equity firm, for USD 5.95 billion. This move will help the company to foster its growth strategy and further reinforce its position in the construction industry.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of green building materials crossed USD 320.7 billion in 2023 and is expected to exhibit a CAGR of 12.1% between 2023 and 2032 owing to an increase in construction activities in North America and the Asia Pacific regions.

Structural green building materials segment is estimated to grow at 12% gains through 2028 driven by the increasing private investments in product adoption across both commercial & residential spaces.

North America green building market is poised to surpass USD 200 billion by 2028 owing to the rising presence of a matured construction industry in the region.

Leading companies in the industry comprise Dupont de Nemours, Inc., BASF SE, Owens Corning, Sika AG, Kingspan Group, PPG Industries, Inc., and others.