Top Green Building Materials Companies

Green Building Materials Market size was valued at USD 425.12 Billion in 2023 and is poised to grow from USD 476.13 Billion in 2024 to USD 1178.89 Billion by 2032, growing at a CAGR of 12% during the forecast period (2025-2032).

The global green building materials market is fragmented by the presence of key players include BASF SE, PPG Industries, Inc., Sika AG, and Forbo International SA. There is very aggressive competition from local and international players with far-reaching supply chains, regulatory know-how, and wide distribution networks. Besides that, strategic partnerships are formed by the companies, mergers and acquisitions, license agreements for the purpose of expanding within existing markets. 'Kingspan Limited', 'Lafarge Company', 'BASF SE', 'Sika AG', 'PPG Industries, Inc.', 'Wienerberger AG', 'Alumasc Group plc.', 'RedBuilt LLC', 'Forbo International SA', 'Homasote Company', 'Owens Corning', 'HOLCIM', 'Binderholz GmbH', 'CertainTeed Corporation', 'Bauder Ltd.'

Climate change and environmental degradation have been a cause for raising the realization of sustainable building materials. Governments and other institutions are laying down for stricter environmental regulations and giving incentives in the form of monetary advantages for using greener building practices. These promote the use of environmentally friendly materials within the building sector to provide further sustainability and reduction of carbon footprints. 

Three billion tons, or a quarter, of the world's raw material consumption are used annually in building and construction activities. Using sustainable building products and materials promotes the conservation of limited, non-renewable resources on a global scale. By utilizing sustainable building materials in construction projects, the environmental impact of shipping, extracting, processing, installing, manufacturing, disposing of, recycling, and reusing these feedstocks used in the industry can also be reduced. The market growth is attributed to an increased demand for such materials in building and construction projects.

In 2023, North America dominated the global green building materials market share due to roofing material demand and insulation framing for residential, commercial, industrial, and infrastructure applications. The growing need for structures that maximize value, are ecologically benign, and use less energy. One cost-effective benefit of green buildings is lower energy costs. Expanding government programs have driven the market's growth even faster. In addition, the Canadian market increased at the fastest rate, while the U.S. market in North America had the highest market share.