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Market Research Report

Construction Sustainable Materials Market - Global Industry Trends, Size, Share, Demand, Opportunity Assessment & Forecast 2016-2024

Published On : 2018-03-20 Report Page : 280 Category: Chemicals Minerals & Materials

Global Construction Sustainable Material Market 

Market Overview

Globally construction is regarded as one of the major source of generating pollution. Various sustainable materials have been identified to replace the existing construction materials in order to save energy, water and various non-renewable resources. Quick shift towards the sustainable construction is profitable for the companies in order to avoid imposition of any regulations in future. Construction industry uses more than 500 million tons of materials causing adverse impact on the environment. Construction industry causes 23.0% of air pollution, 40.0% of the water pollution, 50.0% of the landfill wastes and 50.0% of the climate change. To this impact, many construction companies have changed their methods that globally there are 230,000 buildings in harmony with the environment. For instance, use of bamboo as a construction material has proved to be very strong and durable material for flooring as well as making walls and roof along with various other applications.

Goldstein Research analyst forecast that the global construction sustainable material market size is set to reach USD 474.7 billion by 2024, growing at a CAGR of 11.76% over the forecast years. The technological advancement, easy and cheap availability of materials, construction company adoption rate of sustainable materials, government regulations and investments are some of factors contributing towards the growth of global construction sustainable material market.  

Covered in This Construction Sustainable Material Market Report

The report covers the present ground scenario and the future growth prospects of the construction sustainable material market for 2016-2024 along with the sales and revenue of the construction sustainable material. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. We have forecast the market on the basis of inventions in the area of construction sustainable materials, conversion rate of existing materials into sustainable materials, production of sustainable materials in value and volume for the construction industry.

Global Construction Sustainable Material Market Segmentation

By Construction

  • Residential construction
  • Commercial construction
  • Industrial construction

By Materials

  • Finishes materials (floor, wall roof finishes)
  • Building materials (bricks, concrete, sand, cement)
  • Thermal and Moisture materials
  • Paints
  • Others

Based on Geography

  • North America (U.S. & Canada)  construction sustainable material market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America)  construction sustainable material market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden &RoE)  construction sustainable material market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia)  construction sustainable material market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA)  construction sustainable material market {Market Share (%), Market Size (USD Billion)}

On the basis of construction, commercial construction segment accounted for largest market share of 38.7% in 2016. Major environmental concerns are from commercial building for emitting greenhouse gas emissions and wastes produced while building them. Commercial sector has been diverted towards using construction sustainable materials. The building material segment is growing at a rate of 9.4% annually by replacing the existing construction materials with sustainable materials such as fly ash, fabrics, wood products and more. Concrete construction accounted for 45.0% in 2016 of the world total construction materials, which perhaps has the huge opportunity to be replaced with sustainable materials. 

Construction sustainable material market outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the construction sustainable material market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global construction sustainable material market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Market Trends, Drivers and Challenges

There is a rising trend of green building certification, provided by LEED (Leadership in Energy and Environmental Design). To attain the certificate there is rising number of green buildings to attain higher ratings and demand from the people. Such trend has been raising the global construction sustainable material market.

According to the report, major driving factor for the growth of construction sustainable material market is adverse impact on the environment posed by construction materials, which is and will be causing harm to the people. Therefore, it will reduce the demand for instance the commercial and residential buildings having tradition construction materials will be excluded from the people preference.

Further, the major challenge for the global construction sustainable material is the high cost of sustainable materials that is impacting the total operational costs of the construction industry. Along with the high cost of the materials, there still lacks the actual achievement of sustainability.

Global Construction Sustainable Material Market Analysis

Based on geography, North America has the largest market share of 33.4% in 2016 in global construction sustainable material market. North America construction industry has maximum conversion rate from using traditional materials to sustainable materials in order to combat climate change and other environmental issues through LEED certified plans. Asia-Pacific is growing at a fastest rate of 8.3% CAGR on the back of rapid growth of construction activities to replace the traditional materials with sustainable materials at affordable prices.

Key Players & Market Competition Analysis 

Global construction sustainable material market report comprises of the following companies as the key players in the construction sustainable material market: BASF SE, Bauder Ltd., E.I. Du Pont de Nemours and Company, Forbo International SA, Interface Inc., Kingspan Group Plc., LafargeHolcim, National Fiber, PPG Industries Inc, Alumasc Group Plc., Amvic Systems

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Construction Sustainable Material Market Report

  • What is the total market size by 2024 and what would be the expected growth rate?
  • What is the revenue of global construction sustainable material market in 2015-16 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who all are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Construction Sustainable Materials Market - Global Industry Trends, Size, Share, Demand, Opportunity Assessment & Forecast 2016-2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements