Green building materials refer to construction materials that are beneficial to environmental protection and human health by using cleaner production technologies, using fewer natural resources and energy, and making heavy use of industrial or urban solid waste. Such building materials refer to the production process; it is possible to significantly reduce traditional energy and resource consumption of the product’s human body functions. The use of new technology in the building materials industry, new technologies, and other industrial wastes to be generated or after use and safe disposal of human garbage production of the building materials.
The global Green building material market expected to grow at a substantial CAGR in the forecast period from 2020-2027. Due to widely used architecture and decoration, the use of construction materials that promote clean production technology and industrial or municipal solid waste.
Moreover, the green building materials include fiber-reinforced gypsum boards, ceramics, glass, pipes, composite floors, carpets, coatings, and wallpaper. Such as “anti-mildew wallpaper,” after chemical treatment, the phenomenon of mold and bubbling breeding mold is eliminated. The exterior and interior wall latex paint is not only odorless and pollution-free, but also emits fragrance, and washed and repainted.
Furthermore, environment-friendly carpet can prevent corrosion and insects, as well as prevent smoldering. Similarly, the composite floor is made of natural wood and treated with the imported paint surface. It has the characteristics of anti-moth, mildew, anti-corrosion, anti-flammability, and non-deformation. Therefore, green building materials are a kind of decorative element that is pollution-free and does not cause harm to the human body.
Additionally, the main features of green building material, such as use of little natural resources as possible, the raw materials used in its production, and a large amount of waste such as tailings, garbage, and waste liquid used. Adopt a low-energy-consumption manufacturing process and non-polluting production technology. Thus, these features also derive the global green building material market.
In the application of green building materials and home furnishings, it is necessary to improve performance and prolong life and actively combined with new energy and new materials. Thus, it helps in reducing the carbon emission, and with organic raw material used in making green buildings improve the infrastructure and maximize the ability to sustain development and dissolve the carrying capacity of natural resources.
The technology up-gradation in the real estate sector has helped in evolving the people and helps in controlling pollution, with low energy consumption, and enhance the building and community by accomplishing the greenhouse effect. Moreover, continuous improvement in technologies has processes to achieve the requirements of sustainable development. It is necessary to fully express the scientific and technological content of the building materials industry through the source of technology, technical routes, and material innovation.
Based on product form, the global Green building material market segmented into Exterior Products, Interior Products, Building Systems, Solar Products, and Others. The building system segment has dominated the market share of the worldwide green building material market. Due to new energy-saving, environmental protection building materials will even usher in explosive growth opportunities. The main reason is the condition of maintaining high-speed growth in the building materials industry. The shrinkage of traditional building materials has given a relatively broad space for the development of green building materials.
Additionally, the availability of resources, energy saving, environmental pollution, and the public and environmental protection awareness have dramatically improved. The green building materials will gradually change from a subordinate position to a dominant position in the future period.
Based on the Application, the global Green building material market bifurcated into Residential Buildings and Non-residential Buildings. The non-residential segment has bolstered the market share for the global Green building material market. Due to the rising demand for insulation and roofing as the recycled material used in the making such as rubber, stone granules, corrugated mixed paper, sludge, and slag have improved the market demand of the global green building material market.
Moreover, traditional building materials are mature in technology, which are fixed, and there is limited space for innovation. Green building materials belong to emerging industries, and there is a vast innovation space in products, technologies, processes, and equipment. Therefore, commercial buildings and residential buildings are capturing the market share as well as fueling the demand for the green building material in the worldwide market.
Based on geography, the global Green building material market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The North American region has dominated the demand for the Green building material. Owing to rising disposable income and new plastic-wood materials replacing traditional wood will continue to penetrate the building materials market and grow at a faster rate, especially in the field of building decoration. Moreover, North American consumers’ awareness of building energy-saving has increased, and the government’s building energy efficiency regulations have tightened. Thus, the market demand for green building material has bolstered. Also, with the continuous reduction of non-renewable energy reserves and long-term bullish energy prices, consumers in North America prefer to choose green building materials to reduce the cost of construction.
Companies such as Alumasc Group Plc, Amvik Systems, BASF SE, Bauder Limited, Binderholz GmbH, Forbo International SA, Kingspan Group plc, E. I. du Pont de Nemours and Company, Interface Inc., and Owens Corning, and others are the key players in global Green building material market.
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