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Hempcrete Market Share

Report ID: GMI9951
Published Date: Jun 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 Questions (FAQ) :

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.

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.

Europe hempcrete market held 30% revenue share in 2023, due to the region’s commitment to sustainable building practices and environmental stewardship, supported by a robust regulatory framework.

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