Global green construction market is estimated to be valued at US$ 338.53 Billion in 2024 and is expected to reach US$ 692.28 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.

Green construction refers to the practice of using sustainable building materials and construction processes to create energy efficient buildings with minimal environmental impact. Growing demand for environmentally-friendly construction and the implementation of stringent regulations regarding carbon emissions can drive the green construction market growth. Governments across the world are promoting green building practices through incentives and policies in order to reduce their carbon footprint. Rising awareness about climate change and its impact is compelling builders and developers to incorporate sustainable techniques in new residential and commercial projects. Green construction materials offer several benefits such as reduced water consumption, optimized energy performance, lower air pollution levels, and decreased carbon footprint. With its potential to address sustainability challenges, green construction approach is expected to become mainstream in the near future.

Market Dynamics:

Global green construction market growth is driven by growing environmental consciousness and stringent energy efficiency mandates by regulatory bodies. Rising need for sustainability in the construction sector along with the implementation of green building codes by national governments across the world can offer opportunities for manufacturers of green building materials and green construction professionals. However, high initial costs as compared to conventional construction methods can hamper the adoption of green construction technologies, especially in developing economies. Ongoing research & development in green building insulation, energy-efficient glass, permeable concrete, and recycled aggregates expands the product options for builders, helping overcome pricing barriers. Growing consumer preference for eco-friendly buildings coupled with incentives for green construction are strengthening the business case for sustainability in the sector.

Key features of the study:

• This report provides in-depth analysis of the global green construction market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global green construction market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Balfour Beatty plc, BASF SE, Clark Construction Group, DPR Construction, Gilbane Building Company, Johnson Controls International plc, Kingspan Group plc, LafargeHolcim, Lend Lease Group, Lendlease Corporation, Lennar Corporation, Saint-Gobain, Schneider Electric SE, Siemens AG, Skanska AB, Tetra Tech, Inc., Turner & Townsend, Turner Construction Company, USG Corporation, Webcor Builders are the major players.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global green construction market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global green construction market.

Detailed Segmentation-

• By Product Type
  • Exterior Product
    • Roofing
    • Windows
    • Siding
    • Doors
  • Interior Product
    • Insulation
    • Flooring
  • Solar Products
  • Building Systems
  • Others
• By Application
  • Residential
  • Non-Residential
    • Commercial & Office
    • Institutional
    • Industrial
    • Hospitality
    • Leisure
  • Others
• By Regional
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Key Players Insights
  • Balfour Beatty plc
  • BASF SE
  • Clark Construction Group
  • DPR Construction
  • Gilbane Building Company
  • Johnson Controls International plc
  • Kingspan Group plc
  • LafargeHolcim
  • Lend Lease Group
  • Lendlease Corporation
  • Lennar Corporation
  • Saint-Gobain
  • Schneider Electric SE
  • Siemens AG
  • Skanska AB
  • Tetra Tech, Inc.
  • Turner & Townsend
  • Turner Construction Company
  • USG Corporation
  • Webcor Builders