Green Building Materials Market, by Application (Framing Insulation, Roofing, Exterior siding, Interior fin, and Other), by End User (Public facilities, Education, Commercial and Industrial, Healthcare, R&D centers Residential, and Others) by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Green construction is an environment-friendly building method that reduces waste, protects the environment, and promotes healthy living. Green buildings are constructed with recyclable materials, minimizing waste and increasing energy efficiency. Using recycled materials is not only better for the environment, it also makes homes and offices more attractive to buyers. Bamboo floors are a popular choice to use in green buildings because they are fast-growing natural resource that can provide a natural touch to any space. Available in an array of colors and styles, bamboo flooring is an eco-friendly way to boost the beauty of any room.
Market Dynamics
Rapid growth in the construction sector across developing regions coupled with the growing adoption of advanced building materials is fostering the green building materials market growth. Growing environmental concerns is encouraging the adoption of innovative green construction material, which is also augmenting the market growth. For instance, in April 2021, Lafarge Egypt, a member of LafargeHolcim Group, introduced EcoLabel cement for the first time in Egypt.
The growing use of composite materials in green buildings is expected to bring new market opportunities over the forecast period. Composites are naturally-occurring materials produced from two or more constituent materials that differ in different chemical or physical properties. Composite materials have excellent properties such as energy-saving, lightweight, flexible, and are also LEED-certified. Thus, the growing use of composite materials in green buildings is projected to foster the market growth.
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