Global Green Building Materials Market (2021 to 2026) - Featuring Kingspan, Interface and DuPont Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Green Building Materials Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

The global green building materials market is expected to grow at a compound annual growth rate of 11.25% over the forecast period.

The market is expected to be driven by the increase in residential housing construction, rising demand for energy-efficient buildings, and favourable government regulations and policies for green building houses and other structures.

Moreover, with the aftershocks of the COVID-19 Pandemic, individuals have been taking effective measures to protect themselves from various diseases. According to the WHO, lung, and respiratory diseases, which had been associated with a poor environment, are major causes of death. Green Buildings provide ample daylight, a better ventilation system, and freshwater availability. Various research studies have shown that natural daylight reduces stress levels and surges productivity by approx. 15% in individuals.

Reducing Carbon Emissions

The reduction or achieving carbon neutrality would be a major factor in the overall market growth, during the forecast period. The United Nations recently stated that green buildings hold a key to achieve net-zero carbon goal. According to the UN report, buildings account for approx. 38% of the planet's C02 emissions from energy. The emission from the building has surged due to the increasing use of fossil fuels for energy or electricity generation. The report also stated that green buildings would be a major factor in combating climate change and reducing carbon emissions from the environment. There has been a surge in spending on energy-efficient buildings in recent years.

Major countries have been planning and taking measures to reduce or achieve carbon neutrality in the coming decades. In 2017, Sweden stated its goal to achieve carbon neutrality by the year 2045, which had made it the first nation to put into law a given and expected timeline, intending to achieve Paris Agreement Target. The country had planned to reduce absolute emissions by approx. 85%, as compared to 1990 levels. The remaining 15% would be completed through investments and spending on projects such as building greenhouses and other environmentally friendly projects. In June 2019, The United Kingdom also stated that it had set a target to reach carbon neutrality by the year 2050. The country's carbon emissions had reduced by 29% over the last ten years. Other countries have also been making major efforts to reduce or become carbon neutral in the coming decades. In June 2019, France announced legislation to achieve net-zero greenhouse emissions by the year 2050.

The country had been taking measures to enhance around 7.2 million poorly insulated households, as its housing sector produces around 25% of the carbon emissions. China, which has been the world's biggest emitter of greenhouse gases, announced its plans to become carbon neutral by the year 2060, in September 2020. The country also has a significant share in the clean energy market, as it is one of the biggest investors in the clean and green energy sectors. In October 2020, Japan, one of the biggest economies in the world, announced its ambitions to achieve net carbon neutrality by the year 2050. In October 2020, South Korea also announced its ambitions and plans to achieve carbon neutrality by the year 2050. The country had been spending major capital on green projects. In July 2020, South Korea launched a novel Korean Deal for USD 135 Billion, which would focus on investments in digital and green technology. This is expected to be a major development in the green building materials market, during the forecast period.

Companies Mentioned

• IsoHemp
• Binderholz GmbH
• BASF SE
• Black Mountains Insulation Limited
• Elemental Green
• Kingspan Group
• Interface Inc.
• DuPont
• Sika AG
• Soben International

 

Key Topics Covered:

 

1. Introduction

 

2. Research Methodology

 

3. Executive Summary

 

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.4. Industry Value Chain Analysis

 

5. Global Green Building Materials Market Analysis, By Type

5.1. Introduction

5.2. Interior

5.3. Exterior

5.4. Structural

5.5. Others

 

6. Global Green Building Materials Market Analysis, By Application

6.1. Introduction

6.2. Roofing

6.3. Insulation

6.4. Framing

6.5. Others

 

7. Global Green Building Materials Market Analysis, By End-User

7.1. Introduction

7.2. Residential

7.3. Non-Residential

 

8. Global Green Building Materials Market Analysis, by Geography

8.1. Introduction

8.2. North America

8.3. South America

8.4. Europe

8.5. The Middle East and Africa

8.6. Asia Pacific

 

9. Competitive Environment and Analysis

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

 

10. Company Profiles

 

For more information about this report visit https://www.researchandmarkets.com/r/qxcgww.