Home > Construction > Construction Materials > Structural Materials > Sustainable Construction Materials Market

Sustainable Construction Materials Market Trends

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

Download Free Sample

Sustainable Construction Materials Market Trends

Green building materials are at the forefront of sustainable construction trends. These materials aim to minimize the environmental footprint of construction activities and bolster the sustainability of buildings. Energy efficiency stands as a foundational principle of sustainable construction. Advanced design strategies and technologies are actively being utilized to curtail energy consumption and elevate building performance. The incorporation of renewable energy sources into architectural designs is gaining traction.

Features like solar panels, wind turbines, and geothermal systems have become staples in sustainable construction projects. Such technologies not only diminish dependence on fossil fuels but also curtail greenhouse gas emissions. Furthermore, buildings harnessing these renewable systems can attain a net-zero energy status, signifying they generate as much energy as they utilize.

Furthermore, building information modelling (BIM) serves as a pivotal digital instrument, streamlining the planning, design, and construction phases of buildings. BIM fosters enhanced collaboration among stakeholders, ensures precision in material estimation, and streamlines project management. Within the realm of sustainable construction, BIM's capabilities extend to simulating energy performance, assessing environmental repercussions, and fine-tuning resource utilization.

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.