Market Overview:
The China green building materials market size reached US$ 180.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 408.7 Billion by 2032, exhibiting a growth rate (CAGR) of 9.48% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 180.9 Billion |
Market Forecast in 2032
|
US$ 408.7 Billion |
Market Growth Rate (2024-2032) |
9.48% |
Green building materials refer to substances that enhance the sustainability and efficiency of a building structure in terms of design, construction, maintenance, and repair. Hempcrete, straw bales, recycled plastic, bamboo, wood, rammed earth, timbercrete, etc., are some of the common materials utilized in the construction of green buildings. These materials are widely adopted for insulation, framing, roofing, exterior siding, interior finishing, etc. Green building materials aid in reducing the adverse environmental impact related to installation, fabrication, transportation, processing, and disposal of traditional building components. Furthermore, these materials are durable, energy-efficient, and incur minimal operational costs. As a result, green building materials are extensively used in both residential and non-residential sectors.
China Green Building Materials Market Trends:
The growing environmental concerns towards the high carbon emissions from conventional building materials are primarily driving the China green building materials market. In line with this, the increasing awareness regarding numerous health hazards associated with concrete, clay, heavy metals, etc., is also propelling the demand for safer and cleaner alternatives. Additionally, the emerging popularity of smart cities along with the continuous renovations of the existing infrastructures with sustainable and green building materials are further augmenting the regional market. Moreover, the rising consumer inclination towards superior aesthetics, enhanced lighting, and improved indoor air quality is significantly impacting the demand for green building materials in the country. Besides this, the introduction of specialized organizations, such as the China Green Building Council (China GBC), to promote green building development in China is also catalyzing the product demand. Furthermore, the increasing penetration of innovative technologies to produce energy-efficient and improved product variants, such as ultra-high-strength concrete, eco-friendly sheetrock, moisture-resistant drywall joint compounds, etc., is anticipated to propel the growth of the China green building materials market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the China green building materials market report, along with forecasts at the country and province levels from 2024-2032. Our report has categorized the market based on product type and end user.
Breakup by Product Type:
- Interior Products
- Exterior Products
- Windows
- Roofing
- Doors
- Siding
- Building Systems
- Solar Products
- Others
Breakup by End User:
- Residential
- Non-Residential
- Commercial and Office
- Institutional
- Industrial
- Hospitality and Leisure
- Others
Breakup by Province:
- Guangdong
- Jiangsu
- Shandong
- Zhejiang
- Henan
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Guangdong Matsumoto Green New Materials Co., Ltd., Shanghai Building Materials (Group) Corporation (Shanghai Land Group Co., Ltd), Soben International (Asia Pacific) Limited (Soben International Group Limited), and Wang Mingde Import & Export Ltd.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product Type, End User, Province |
Province Covered |
Guangdong, Jiangsu, Shandong, Zhejiang, Henan, Others |
Companies Covered |
Guangdong Matsumoto Green New Materials Co., Ltd., Shanghai Building Materials (Group) Corporation (Shanghai Land Group Co., Ltd), Soben International (Asia Pacific) Limited (Soben International Group Limited), and Wang Mingde Import & Export Ltd. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the China green building materials market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the China green building materials market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the China green building materials market and who are the key players?
- What is the degree of competition in the industry?