Global Green Building Market Overview:
Green building is a sustainable and environment-friendly construction process resulting in energy efficiency and sustainable development. It involves the entire building process right from planning, designing, construction, maintenance, and innovation of the building. Green building is becoming increasingly popular with the rising environmental concerns and regulatory guidelines. This activity is growing across the globe with the expected increase in 20 countries in five continents during the forecasted period. Some of the players profiled in the study are Saint-Gobain (France), Interface, Inc. (United Kingdom), Alumasc Group plc (United Kingdom), Kingspan Group (Ireland), BASF SE (Germany), LafargeHolcim (France), Owens Corning (United States), Forbo Flooring Systems (Switzerland), PPG Industries (United States) and EnergyLogic Inc. (United States).
On the basis of geography, the market of Green Building has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. If we see Market by Products, the sub-segment i.e. Exterior Products will boost the Green Building market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Techology, the sub-segment i.e. HVAC (Heating, Ventilation And Air Conditioning) will boost the Green Building market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Environmental Concern with the Rising Climate Crisis
- Need for the Energy Efficiency and Renewable Energy in Building Construction for Smart and Sustainable Development
- Introduction of New Net-zero Energy Building Compliances
- Problems with Lack of Skilled Manpower for this Specific Practice, and Extra Clearances and Approvals Required for the Green Building
- Emerging Number of Sustainable Building Practices with the Stringent Regulatory Standard and Projects Investment in Developing Nations will Boost the Green Building Market
- High Cost Involved in the Green Building Technologies
Key Market Developments:
On 7th January 2021, LafargeHolcim has signed an agreement to acquire Firestone Building Products (FSBP). This acquisition is a milestone in LafargeHolcim’s transformation to become the global leader in innovative and sustainable building solutions. and On 9th March 2021, EnergyLogic Inc., a Berthoud-based company engaged in applied building sciences, has acquired Green Building Hawaii, which provides energy and sustainability consulting and inspections in Hawaii. The terms of the deal were not disclosed.
On 26th October 2020, LafargeHolcim launches its EcoLabel to transparently communicate the environmental benefits of its green building solutions. The label will apply to all its products that comply with its green criteria, including lower CO2 footprint and recycled content. Building on LafargeHolcim’s net-zero pledge, this EcoLabel supports the company’s ambition to accelerate green construction with the use of lower-footprint products such as ECOPact and Susteno.
"Carbon emissions represent the true climatic impact of buildings. Only by focusing on emissions during design, and assessing emissions once in operation, can we ensure the low-carbon outcomes Canada needs. The ZCB Standard provides pathways for both new and existing buildings to reach zero carbon, and certification offers recognition for industry leaders. With ZCB Standard v2, the focus is on the carbon balance of a building across its life-cycle, including construction and operation. It is applicable to all buildings except homes and small multi-family residential buildings."
Green Building Manufacturers, Green Building Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Green Building market on the basis of product [Net-zero Energy Ready, Net-zero Energy, Net-zero Carbon, Zero Carbon and Zero Carbon and Grid Interactive] , application [Residential, Commercial, Institutional Buildings, Retail Facilities, Healthcare Facilities and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Green Building market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Green Building industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Green Building market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.