Sustainable Building Material Manufacturing in the US - Industry Market Research Report

Sustainable Building Material Manufacturing in the US - Industry Market Research Report

Sustainable Building Material Manufacturing in the US

The industry produces building materials used to create structures certified by the Leadership in Energy and Environmental Design (LEED). These buildings adhere to specific standards related to energy savings, water efficiency, carbon emissions reduction and indoor environment quality. LEED buildings are also evaluated on the materials used during construction, with an emphasis on sustainable products and meeting renewable energy goals. States, counties and cities have tightened building codes to promote the use of energy-efficient products and sustainable materials, which has supported the industry. Tax subsidies and operating cost savings have also emboldened this trend, especially in light of the rapid expansion of LEED buildings. These boons to the industry have been offset recently struggling construction markets, with nonresidential construction disrupted by the pandemic and residential markets hampered by high interest rates.

The Sustainable Building Material Manufacturing industry produces building materials used during the construction and renovation of Leadership in Energy and Environmental Design (LEED)-certified building structures. Such buildings use sustainable materials that reduce building water, energy and other resource needs. Sustainable materials are more efficient than traditional products because they reduce pollution, waste and environmental degradation.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.