The global green building materials market size was valued at USD 422.27 billion in 2023 and is projected to grow from USD 474.21 billion in 2024 to USD 1,199.52 billion by 2032, exhibiting a CAGR of 12.3% during the forecast period. North America dominated the gree n building materials market with a market share of 32.05% in 2023. Moreover, the green building materials market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 289.50 billion by 2032, driven by increasing demand for roofing, insulation, framing, and various other residential, industrial, commercial, and infrastructure applications.

An environment-friendly building structure is made from green building materials. Straw, hempcrete, wood, bamboo, bales, recycled plastic, and ferrock are some of these materials. They are used to create structures that are low-energy and support the ecological balance of the environment. Fortune Business Insights presents this information in their report titled "Green Building Materials Market, 2024–2032."

Tariff Impact Analysis for Green Building Materials Market: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/green-building-materials-market-102932

List of Key Players Profiled in the Report

• BASF SE (Germany)
• PPG Industries, Inc. (U.S.)
• I. du Pont de Nemours and Company (U.S.)
• Sika AG (Switzerland)
• Forbo International SA (Switzerland)
• Owens Corning (U.S.)
• REDBUILT (U.S.)
• CERTAINTEED (U.S.)
• HOLCIM (Switzerland)
• Kingspan Group (Ireland)

Segments:

Roofing Segment to Grow Due to its Growing Product Usage in Construction

Based on application, the market is segmented into roofing, flooring, insulation, and others.

Due to the growing popularity of green roofing materials, it is predicted that the roofing segment will continue to be the largest over the projection period. As Nature-based Solutions (NBS) address a number of environmental and socioeconomic issues brought on by climate change, green roofs are becoming more and more important. Given that urban areas already house 55% of the world's population and are expected to grow by as much as 68% by 2050, urban areas are garnering attention in terms of global development. Suburbs, cities, and towns are all part of urban settlements. Urban growth is necessary for urban settlements to flourish sustainably. The New Urban Agenda and the Sustainable Development Goals for 2030 promote cities' commitment to sustainability.

High Preference for Green Buildings will Dominate the Residential Segment