The Green Building Materials Market Report is Segmented by Material Type (Low-Carbon Concrete and Cement, Recycled Metals, and More), Application (Framing, Insulation, and More), End-Use Industry (Residential, Commercial, Industrial and Institutional, and Infrastructure), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Learn more about the Building Materials Market Report by Market Research Intellect, which stood at USD 1,200 billion in 2024 and is forecast to expand to USD 1,800 billion by 2033, growing at a CAGR of 5.5%.Discover how new strategies, rising investments, and top players are shaping the future.

Global green building materials market size was $275.23 Billion in 2024 and projections indicate it will to be worth $1200.62 Billion by 2034 with a CAGR of 15.87%.

The global Building Materials Market size is expected to grow from USD 140 million in 2019 to USD 480 million by 2026, at a CAGR of 18% from 2020-2026

Building Materials Software Market size was valued at USD 343.56 Billion in 2024 and is projected to reach USD 730.11 Billion by 2032, growing at a CAGR of 10.90% from 2026 to 2032.

Building Materials Software Market Drivers

Construction Industry Growth: The global construction industry is expanding, driving demand for software solutions to manage materials, projects, and supply chains. Increased Project Complexity: Modern construction projects are becoming more complex, requiring advanced software to manage materials effectively. Need for Efficiency and Cost Reduction: Software solutions can help optimize material usage, reduce waste, and improve overall project efficiency.

The Europe Advanced Building Materials Market report segments the industry into By Application (Building Construction, Infrastructure), By Type (Green Materials, Technically Advanced), By Material (Advanced Cement And Concrete, Cross-Laminated Timber, Structural Insulated Panel, Sealants, Other Materials), and Geography (Europe). Get five years of historical data alongside five-year market forecasts.

The global green building materials market was valued at USD 316.94 billion in 2024 and is expected to reach USD 524.17 billion by 2030, growing at a CAGR of 8.75% during the forecast period.

The size of the Building Materials market was valued at USD 221960 million in 2023 and is projected to reach USD 265647.81 million by 2032, with an expected CAGR of 2.6% during the forecast period.

The Global Advanced Building Material market size was USD 57.21 million in 2022. Advanced Building Material Industry's Compound Annual Growth Rate will be 7.2% from 2023 to 2030. Market Dynamics of Advanced Building Material

Key Drivers of Advanced Building Material Market

Growing Government Expenditure to Provide Viable Market Output

Rising government expenditures in infrastructural development projects have become a key driver for the Advanced Building Material market. Increased funding for projects such as roads, bridges, and urban development demands innovative and durable materials that offer enhanced performance and sustainability.

In May 2021, Saint-Gobain invested around $320 million in India to establish manufacturing facilities for advanced building materials like advanced concrete and 3D printing. This strategic move aims to expedite construction timelines and enable timely project completion. Such initiatives play a pivotal role in boosting the growth of the advanced building materials market.

(Source:timesofindia.indiatimes.com/city/chennai/saint-gobain-to-invest-6k-cr-to-8k-cr-by-cy2025/articleshow/99858754.cms?from=mdr)

This trend not only stimulates demand for advanced materials but also encourages industry research and development, further propelling market growth and innovation.

Key restraints in Advanced Building Material Market

High Initial Investments Challenging the Hinder Market Growth

High initial investments pose a significant challenge in the market. Adopting advanced building materials often requires substantial upfront research, development, production setup, and specialized equipment costs. This can deter some businesses, particularly smaller ones, from entering the market. Additionally, construction projects with budget constraints might shy away from these materials, impacting their widespread adoption. Overcoming this challenge requires demonstrating the long-term benefits, such as energy savings, durability, and reduced maintenance, to justify the initial investments and encourage more widespread use of advanced building materials.

Impact Of COVID-19 on the Advanced Building Material Market

COVID-19 disrupted the Advanced Building Material Market by causing supply chain disruptions, labor shortages, and project delays. Lockdowns and restrictions halted construction activities, leading to reduced demand. Uncertainty prompted cautious spending on new materials. However, the pandemic highlighted the importance of resilient and sustainable materials, accelerating innovation interest. Remote work trends influenced building designs, boosting demand for technology-integrated materials. Introduction of Advanced Building Material

The Advanced Building Material Market is experiencing growth due to several factors. Increasing construction and infrastructure projects, urbanization, and population growth drive demand. Technological advancements lead to innovative materials and sustainable solutions, attracting investment. Additionally, rising awareness about energy efficiency and environmental concerns promotes the adoption of eco-friendly materials. These factors collectively contribute to the expansion of the Advanced Building Material Market.

In April 2022, Sherwin-Williams Co. purchased Sika AG's European industrial coatings business to expand its coating solutions. This acquisition is expected to enhance the company's customer outreach significantly.

(Source:www.pcimag.com/articles/109982-sherwin-williams-completes-acquisition-of-sikas-european-industrial-coatings-business)

The Green Building Materials Market will grow from USD 561.69 Billion in 2025 to USD 1002.14 Billion by 2031 at a 10.13% CAGR.

The global green building materials market size reached USD 374.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 739.9 Billion by 2033, exhibiting a growth rate (CAGR) of 7.85% during 2025-2033. The growing environmental awareness among the masses, rising construction of various smart cities around the world, and increasing awareness about the importance of maintaining indoor air quality are some of the major factors propelling the market.

The Building Products (Including Drywall) market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

Advanced Construction Materials Market Outlook

The global advanced construction materials market size was valued at approximately USD 50 billion in 2023 and is expected to grow to nearly USD 95 billion by 2032, registering a CAGR of about 7.5% during the forecast period. This significant growth is driven by various factors including increasing urbanization, technological advancements in material sciences, and the growing demand for sustainable and energy-efficient construction solutions.

One of the most significant growth factors for the advanced construction materials market is the rising trend of urbanization and the consequent demand for new and improved infrastructure. As cities swell with an influx of residents, the need for durable, efficient, and sustainable building materials has never been greater. Advanced materials such as high-performance concrete and composites are being increasingly adopted to meet these demands, offering better strength, durability, and resistance to environmental factors. This rapid urbanization, especially in emerging economies, is fueling the growth of the market.

Another crucial growth factor is the technological advancements in material sciences. Innovations such as nanotechnology, self-healing materials, and 3D printing are revolutionizing the construction industry. These advanced materials not only enhance the structural integrity and longevity of buildings but also allow for more complex and innovative architectural designs. The development and adoption of these cutting-edge materials are expected to drive the market further, as they provide significant cost savings over the lifecycle of a building, reducing the need for maintenance and repairs.

The growing emphasis on sustainability and energy efficiency is also a pivotal factor propelling the advanced construction materials market. With increasing awareness of environmental impacts and the urgent need to reduce carbon footprints, both governments and private sectors are pushing for greener construction practices. Advanced materials like eco-friendly composites, energy-efficient glass, and sustainable polymers are gaining traction as they help in reducing energy consumption and enhancing the thermal performance of buildings. This shift towards sustainable construction is expected to significantly boost the market over the forecast period.

Regionally, the Asia Pacific is anticipated to dominate the advanced construction materials market, followed by North America and Europe. The rapid urbanization and industrialization in countries like China, India, and Southeast Asian nations are driving the demand for advanced construction materials. In North America and Europe, the focus on sustainable construction practices and stringent building codes are key factors supporting market growth. The regional outlook remains strong with substantial investments in infrastructure development and refurbishment projects.

Material Type Analysis

The advanced construction materials market is segmented by material type into concrete, steel, wood, composites, polymers, and others. Each of these materials plays a crucial role in modern construction, offering distinct advantages and applications. Concrete remains one of the most widely used materials due to its excellent compressive strength and versatility. Innovations such as high-performance and self-healing concrete are extending its applications even further, making it indispensable in both residential and commercial construction.

Steel is another critical material in the advanced construction materials market, known for its high tensile strength and flexibility. It is extensively used in building frameworks, bridges, and industrial structures. The development of advanced steel alloys and fabrication techniques has enhanced the material's properties, making it more resistant to corrosion and environmental stressors. This has significantly contributed to the growth of the steel segment in the market.

Wood, especially engineered wood products like cross-laminated timber (CLT), is gaining popularity due to its sustainability and renewable nature. Engineered wood products offer improved strength and durability compared to traditional wood, making them suitable for a wide range of construction applications. The eco-friendly nature of wood, combined with advancements in wood treatments and manufacturing processes, is driving the growth of this segment.

Composites are increasingly being used in construction due to their high strength-to-weight ratio and corrosion r

As Per BIS Industry Analysis the global construction sustainable materials market is Expected to grow 12.0% between 2017 to 2026. Know Market Forecast, Size, Trends.

Snapshot img

Green Building Materials Market Size 2025-2029

The green building materials market size is valued to increase by USD 499.6 billion, at a CAGR of 18.1% from 2024 to 2029. Rising need for energy-efficient green buildings will drive the green building materials market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 34% growth during the forecast period.
By Application - Insulation segment was valued at USD 48.70 billion in 2023
By End-user - Residential segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 305.54 billion
Market Future Opportunities: USD 499.60 billion
CAGR from 2024 to 2029 : 18.1%

Market Summary

The market is experiencing significant growth due to the increasing awareness and demand for energy-efficient structures. According to recent studies, the energy savings from green buildings can range from 20% to 30% compared to traditional buildings, making it a worthwhile investment for businesses and organizations. This trend is driven by various factors, including stringent energy regulations, increasing environmental concerns, and the desire for operational efficiency. Advancements in insulation materials, such as spray foam insulation and insulated concrete forms, have played a crucial role in the growth of the market. These materials offer superior insulation properties, reducing energy consumption and improving indoor air quality.
However, the high initial cost of green buildings remains a challenge for many businesses. For instance, a large construction firm may face higher upfront costs when building a green office complex. However, the long-term benefits, such as reduced energy bills, tax incentives, and improved employee productivity, can outweigh the initial investment. A study conducted by the U.S. Department of Energy found that green buildings have 11% higher asset value and 35% lower operating costs than traditional buildings. This demonstrates the potential for significant cost savings and operational efficiency gains for businesses that invest in green building materials.

What will be the Size of the Green Building Materials Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Green Building Materials Market Segmented ?

The green building materials industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Insulation
  Roofing
  Interior finishing
  Framing
  Others


End-user

  Residential
  Non-residential


Product Type

  Interior
  Exterior
  Building systems
  Solar


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The insulation segment is estimated to witness significant growth during the forecast period.

Green building materials continue to gain traction in the construction industry, with insulation leading the charge in energy savings, comfort, and noise reduction. Properly installed insulation made from eco-friendly materials, such as cellulose, spray foam, rock wool, and fiberglass, contributes significantly to meeting the energy efficiency requirements of various green building rating systems, including Northwest ENERGY STAR Homes, Built Green, and LEED for homes. This segment's growth is further fueled by the numerous benefits of green insulation, including financial savings, improved comfort, and reduced carbon footprint. For instance, insulated concrete forms, hempcrete construction, and straw bale construction offer impressive thermal performance, while geothermal heating and solar panel integration harness renewable energy sources.

Additionally, materials like reclaimed wood, bamboo flooring, and low-VOC paints prioritize sustainability and minimize material toxicity. The market for green building materials is expected to grow at a robust rate during the forecast period, with a focus on reducing embodied carbon, improving acoustic performance, and implementing daylighting strategies.

Request Free Sample

The Insulation segment was valued at USD 48.70 billion in 2019 and showed a gradual increase during the forecast period.

Request Free Sample

Regional Analysis

APAC is estimated to contribute 34% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Green Building Materials Market Demand is Rising in APA

Brazil Construction Materials Market expected to register strong growth in upcoming years owing to the rising investment on residential and commercial projects.

Base Year 2023 Forecast Period 2024-2028 Market Growth X.XX%*

Discover the booming Global Green Building Materials Market, set to grow at 12.37% CAGR from 2023-28. Environmental consciousness drives sustainable practices, supported by government policies and infrastructure development worldwide.

Comprehensive dataset containing 42 verified Building materials market businesses in BA with complete contact information, ratings, reviews, and location data.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period