Size of the green building materials market worth USD 711.06 billion, globally, by 2030 at a CAGR of 10.16%: Fatpos Global

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The green building materials market is expected to exceed USD 711.06 billion by 2030, from USD 270.26 billion in 2020 at a CAGR of 10.16% in the coming years i.e. 2021- 30.

PHILADELPHIA, USA, January 26, 2022 /EINPresswire.com/ — Fatpos Global released a report titled “Global green building materials market – Market Size, Share & Trend Analysis 2014-2020 and Forecast to 2030” which is expected to reach USD 711.06 Billion by 2030. According to a study by Fatpos Global, the market is expected to show a CAGR of 10.16% from 2021 to 2030. According to the report, the market is expected to grow owing to increasing restriction activities, rising government regulations, and initiatives to implement green building standards sustainable and energy efficient. Green building materials help reduce global warming as they provide a lower carbon footprint. Additionally, growing consumer awareness about health and energy efficiency is driving the growth of the market. The demand for green building materials is also increasing due to various monetary and environmental benefits. It improves indoor air quality by eliminating the use of toxic lead-containing paints.

“Increasing government policies and investments and pressure from environmental regulations regarding emissions are the major factors fueling the growth of the market. To promote the construction of green buildings, the government of various countries, especially the developed ones, has launched programs and incentives that drive the growth of the market. In addition, high-performance green construction, such as the US Recovery and Reinvestment Act, is also facilitated by governments of different developed countries. The advent of new technologies and the increase in research and development activities to analyze efficient construction methods and construction procedures are expected to further drive the demand for green building materials,” said a senior analyst at Fatpos Global.

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Global Green Building Materials Market: Key Players
• PPG Industries
• EI du Pont de Nemours and Company
• Forbo International SA
• Interface inc.
• Kingspan Group plc
• Lafarge
• BASF SE
• Owen’s Corning
• National fiber
• RedBuilt, LLC
• CertainTeed Company
• Binderholz GmbH
• Bauder Limited
• Alumasc Group
• Other top players

Green building is a technology for creating environmentally friendly infrastructure. The goal of these designs is to reduce the negative impacts of residential and commercial buildings on human health and the environment by choosing, constructing, designing, maintaining and disposing of building materials that are as environmentally friendly as possible over the entire life cycle. . Green building construction includes materials such as straw bales, dirt, grass maintenance, bamboo, wood, and recycled plastic. Green building materials are made from renewable sources and recycled materials. Using green building materials offers various benefits, including easy maintenance, reduced waste, temperature regulation, high return on investment, and better air quality.

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In the new report, Fatpos Global strives to present an unbiased analysis of the Global Green Building Materials Market which covers historical demand data as well as forecast figures for the period, i.e., 2021-2030 . The study includes compelling information about the growth seen in the market. The market is segmented by product into structural, interior, exterior, solar and other products. By application, the market is divided into insulation, roofing, framing, interior finishing, exterior cladding and others. By end user, the market is segmented into commercial, residential and institutional. Geographically, the market is segmented into North America, Latin America, Europe, Asia-Pacific, Middle East and Africa.

Market regions
• North America: (United States and Canada)
• Latin America: (Brazil, Mexico, Argentina, rest of Latin America)
• Europe: (Germany, United Kingdom, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, rest of Asia-Pacific)
• Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

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Green Building Materials Market Segments:

By product
• Structural
• Interior
• Exterior
• Solar products
• Others
By request
• Insulation
• Roof
• Framing
• Interior finish
• Siding
Per end user
• Commercial
• Residential
• Institutional

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