Global Construction Sustainable Materials Market to Expand at A CAGR of 10.3% and Reach USD 574.93 Billion by 2027
Research Reports
Jan 06, 2021
Construction Sustainable Materials Market
The global construction sustainable materials market is predicted to reach a value of USD 574.93 Billion by 2027 with a CAGR of 10.3%, according to a recent report published by Emergen Research. The construction sustainable materials have witnessed increasing applications in industrial, commercial, and residential constructions. The stringent government policies regarding energy conservation and environment protection will drive the market growth during the forecast period as the construction sustainable materials reduce the carbon footprint and are eco-friendly. Sustainable buildings diminish the waste with the usage of renewable sources and products.
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List of the leading companies that are operating in the global Construction Sustainable Materials market: Bauder Limited, RedBuilt LLC, DuPont, Lafarge, Alumasc Group PLC, CertainTeed Corporation, PPG Industries, BASF SE, Forbo International SA, and BinderHolz GmbH, among others.
Market Drivers
Structural products, a type of construction sustainable material, help reduce the carbon footprint and offer excellent durability at a cost-effective price. The growth of the construction industry, especially in developing countries, is expected to boost market growth during the forecast period. Glass, being an inefficient and costly insulator for roofs, attics, walls, and foundations, the demand for the sustainable materials is expected to rise over the forecast period, owing to the efficient and cost-effective price of the materials and prevents the buildings from corrosion, freezing, and deformation.
- Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Structural
- Interior
- Exterior
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Insulation
- Roofing
- Framing
- Interior Finishing
- Exterior Siding
- Others
- End Users Outlook (Revenue, USD Billion; 2017-2027)
- Residential
- Commercial
- Industrial
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Regional Outlook
The North American regional market is predicted to hold the highest market share during the forecast period, owing to the huge investments made in the residential constructions due to the high demand for residential buildings in the region. Due to the swift urbanisation and industrialisation in the region, the Asia Pacific regional market is projected to grow at the fastest rate during the forecasted timeframe.
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Get detailed COVID-19 impact analysis on the Construction Sustainable Materials Market @ https://www.emergenresearch.com/industry-report/construction-sustainable-materials-market
KEY QUESTIONS ANSWERED IN THE REPORT:
Q1. At what CAGR, the Global Construction Sustainable Materials Market will expand from 2021 – 2027?
Q2. What will be the revenue of Global industry by the end of 2027?
Q3. How can I get sample report of Construction Sustainable Materials Market?
Q4. Which are the factors that drives global industry Growth?
Q5. Who are the leading players in Construction Sustainable Materials Market?
Q6. How can I get company profiles of top ten players of Global Market?
Q7. What are the segments of Construction Sustainable Materials Market?
Q8. What are the key growth strategies of Construction Sustainable Materials Market Players?
Q9. By Application, which segment is expected to exhibit the highest CAGR during 2021 – 2027?
Q10. By Region, which segment holds a dominant position in 2020 and would maintain the lead over the forecast period?
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