Green Building Materials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Transparency Market Research’s in its new report, titled “Green Building Materials Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”, states that the global green buildings materials market was valued at US$106.32 billion in 2012. This market is expected to observe growth at a compound annual growth rate of 12.5% between 2013 and 2019 to reach a market value of US$234.77 billion by 2019.
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The key application segments analyzed by the report include framing, roofing, interior siding, exterior siding, insulation, and other nominal market segments.
Amongst these major application areas, the report states that the market garnered its major share of revenues from the segment of insulation applications. Additionally, this segment is one of the most mature segments of the global green buildings materials market, and is expected to observe healthy growth over the forecast period. Market shares of roofing and other applications are expected to observe a decline. However, market segments exterior siding, interior finishing, and framing would also observe growth.
The major end-user applications of the green building materials market analyzed in the report include education, public facilities, healthcare, residential commercial and industrial, and R&D centers.
Amongst these major end-user applications of the green building materials market, the commercial and industrial sectors held majority of shares, nearly 22%, of the market in 2012. Growth of these segments was supported by development in the industrial sector coupled with development of commercial infrastructure in emerging economies.
This segment is expected to continue its leading position throughout the forecast period, growing at a CAGR of 12.4% between 2013 and 2019. The segments R&D centers and residential buildings accounted for a lower market share in the past, but could witness healthy growth during the forecast period.
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Amongst the major regional markets, the market of North America dominated the green building materials market in 2012, and held nearly 35% market shares. Europe closely followed this and acquired nearly 32% shares of the market in the same year. The report states that the market of Asia Pacific presents huge potential for growth, and is expected to grow at the highest rate during the forecast period.
The top five players of the global green buildings materials market include Owens Corning, E. I. du Pont de Nemours Company, BASF SE, Kingspan Group Plc., and CertainTeed Corporation. These organizations accounted for nearly 12% share of the global green building materials market in 2012, and are expected to maintain their lead positions during the forecast periods as well.
Other major market players that account for a substantial portion of revenues of the green building materials market include Forbo International SA, PPG Industries, Alumasc Group Plc., and Lafarge.
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