How big is the hempcrete market?

The market size of hempcrete was worth USD 26.8 billion in 2023 and is anticipated to register over 5% CAGR between 2024 and 2032, driven by increasing demand for eco-friendly building materials and governmental support and regulatory incentives.

Why is the use of wood hempcrete rising?

The wood segment in the hempcrete market held 35% revenue share in 2023, due to the versatility, familiarity, natural aesthetics of wood hempcrete and the rising demand for sustainable, eco-friendly building materials like hemp wood.

Why is the demand for hempcrete rising in Europe?

Europe hempcrete market held 30% revenue share in 2023, due to the region

Who are the major hempcrete industry players?

IsoHemp, American Lime Technology, HempEco Systems, HempFlax, Hemp Building Company, JustBioFiber, and UK Hempcrete.

Hempcrete Market Share

Report ID: GMI9951

Published Date: June 2024

Report Format: PDF

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Hempcrete Market Share

IsoHemp, American Lime Technology, and HempEco Systems hold a significant share of over 10% in the market. These companies have established themselves as leaders in the development, manufacturing, and distribution of hempcrete products, contributing to the growth and advancement of the hempcrete industry.

IsoHemp, a Belgian manufacturer of hempcrete blocks and panels, offers superior thermal insulation, moisture regulation, and fire resistance, making it ideal for sustainable construction projects. American Lime Technology, a key player in the North America hempcrete business, specializes in lime-based building materials, including hempcrete mixes and binders. HempEco Systems, based in the UK, offers a range of hempcrete products and services for residential, commercial, and industrial construction projects. Its commitment to environmental responsibility and innovations has made it a trusted partner for builders, architects, and developers seeking sustainable construction materials.

Hempcrete Market Companies

Major players operating in the hempcrete industry are:

IsoHemp
American Lime Technology
HempEco Systems
HempFlax
Hemp Building Company
JustBioFiber
UK Hempcrete

Authors: Avinash Singh, Sunita Singh

Frequently Asked Question(FAQ) :

How big is the hempcrete market?: The market size of hempcrete was worth USD 26.8 billion in 2023 and is anticipated to register over 5% CAGR between 2024 and 2032, driven by increasing demand for eco-friendly building materials and governmental support and regulatory incentives.
Why is the use of wood hempcrete rising?: The wood segment in the hempcrete market held 35% revenue share in 2023, due to the versatility, familiarity, natural aesthetics of wood hempcrete and the rising demand for sustainable, eco-friendly building materials like hemp wood.
Why is the demand for hempcrete rising in Europe?: Europe hempcrete market held 30% revenue share in 2023, due to the region
Who are the major hempcrete industry players?: IsoHemp, American Lime Technology, HempEco Systems, HempFlax, Hemp Building Company, JustBioFiber, and UK Hempcrete.

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Authors: Avinash Singh, Sunita Singh

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Premium Report Details

Base Year: 2023

Companies covered: 15

Tables & Figures: 205

Countries covered: 22

Pages: 220

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Hempcrete Market Share

Hempcrete Market Share

Hempcrete Market Companies

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