Global Green Building Materials Market to surpass USD 260 billion by 2019, says Technavio

Renewable energy

 

The global green building materials market is segmented by application (insulation, roofing, framing, interior finishing, and exterior siding) and by geography (APAC, North America, Europe, and others).

Technavio’s market research analyst has estimated the global green building materials market to post a healthy CAGR of around 13% by 2019. The rising global demand for sustainable buildings or energy-efficient buildings is a critical factor that impels the prospects for growth in this region during the forecast period.

The new market research report from Technavio provides a detailed breakdown and analysis of the global green building materials market by application.

“During the forecast period, the insulation segment is envisaged to dominate over all the other segments owing to the advent of strict building regulations, which acts as a catalyst for the growth of this market. This segment is expected to exhibit rapid growth during the forecast period and is positively influenced by factors like the augmented investment in green commercial buildings and green healthcare facilities,” says Navin Rajendra, Lead Analyst, Engineering and Equipment, Technavio research. 

The report also offers a breakdown of the market shares by geographical locations and includes regions like the APAC, North America, Europe, and others. The European region is envisaged to account for the largest market share during the forecast period and is heavily influenced by factors like the large-scale energy-efficient renovation of retrofit buildings by the European Green Building Council.

The global market for green building materials is estimated to be in its nascent stage and, therefore, is expected to offer tremendous growth opportunities to vendors during the period of 2014 and 2019. Key vendors analyzed in this global market research report are Du Pont, Homasote, LG Hausys, Pittsburgh Corning, and Wienerberger. The report provides an overview of these companies, their financial overview, business strategies, and recent developments, as well as an in-depth discussion of the main market drivers, challenges, and trends. 

A more detailed analysis is available in the Technavio report Global Green Building Materials Market 2015-2019 – Industry Analysis.

We can customize reports by other regions and specific segments upon request.

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