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Sustainable Construction Materials Market Share

Report ID: GMI12212
Published Date: Nov 2024
Report Format: PDF

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Sustainable Construction Materials Market Share

Sustainable Construction Materials Company Market Share Analysis, (2023)

In 2023, key companies like Bauder, Cemex, Kingspan, Sika and Saint-Gobain held a combined market share of 15%-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Cement manufacturers like Holcim, HeidelbergCement, and Cemex are heavily investing in green cement alternatives, including alternative fuels, carbon capture technologies, and recycled aggregates. This segment is rapidly growing as the construction industry aims to reduce its carbon footprint. In the insulation market, crucial for improving energy efficiency, companies like Kingspan, Owens Corning, Saint-Gobain, and Steico dominate. With increasing demand for passive housing and energy-efficient designs, these companies are well-positioned for continued growth.

Sustainable Construction Materials Market Companies

Major players operating in the sustainable construction materials industry are:

Amvik Systems
Bauder
Cemex
DuPont
Heidelberg Cement
Holcim
Kingspan
Owens Corning
Ramco Industries
Saint-Gobain
Siga
Sika
Steico
Titan Cement
Vulcan Materials

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of sustainable construction materials reached USD 276.2 billion in 2023 and is set to grow at a CAGR of over 11.8% from 2024 to 2032, driven by increased public awareness of environmental issues.

The bamboo segment accounted for around USD 63.2 billion in revenue in 2023 and is estimated to expand at a CAGR of around 12.2% from 2024 to 2032, as it is increasingly utilized in premium building projects.

The residential segment held around 47% of the total market share in 2023 and is anticipated to witness a 12.1% CAGR during the forecast period, led by the prioritization of energy-efficient and eco-friendly solutions in new constructions and renovations.

The U.S. market was valued at around USD 77.2 billion in 2023 and is estimated to record a CAGR of over 11.9% through 2032, propelled by stringent environmental regulations and advancements in material science.

The key players in the industry include Amvik Systems, Bauder, Cemex, DuPont, Heidelberg Cement, Holcim, Kingspan, Owens Corning, Ramco Industries, Saint-Gobain, Siga, Sika, Steico, Titan Cement, and Vulcan Materials.