PUBLISHER: Grand View Research | PRODUCT CODE: 1771659
PUBLISHER: Grand View Research | PRODUCT CODE: 1771659
The global recycled plastics in green building materials market size is anticipated to reach USD 11.04 billion by 2033, growing at a CAGR of 8.68% during the forecast period, according to a new report by Grand View Research, Inc. The recycled plastics segment within the green building materials market is quickly gaining traction as a cornerstone of sustainable construction, utilizing post-consumer polymers such as rPET, rPVC, and rPP to produce high-performance panels, decking, insulation, and roofing tiles. These composites are valued for their excellent moisture resistance, dimensional stability, and extended service life, which leads to lower maintenance costs and improved asset longevity.
By integrating recycled plastics into prefabricated modules and cladding systems, manufacturers can streamline on-site assembly, reduce material waste, and enhance project efficiency. As the construction industry shifts toward circular economy principles, recycled plastic products are increasingly seen not only as eco-friendly alternatives but also as economically viable solutions that align with long-term value objectives.
One of the main drivers propelling this market is the convergence of stringent sustainability mandates and burgeoning green financing mechanisms. Regulatory bodies and rating schemes, such as LEED, BREEAM, and regional embodied-carbon procurement policies, now prioritize materials with high recycled content, incentivizing developers through tax credits and expedited permitting.
Parallel advancements in polymer reclamation and additive technologies have enhanced the mechanical strength, fire resistance, and UV stability of recycled composites, bridging performance gaps with virgin materials. Alongside corporate ESG commitments and the rising consumer demand for low-carbon buildings, these factors are collectively speeding up adoption and investment in both public and private construction portfolios.
The market players are focusing on various strategic initiatives such as mergers, acquisitions, and collaborations. For instance, in May 2025, Fiberon, a prominent manufacturer of composite decking, was recognized with a Green GOOD DESIGN Award for its Astir Collection, part of the Concordia line. The Astir Collection consists of 94% recycled materials, including recycled wood and plastic, helping to divert over 70,000 tons of waste from landfills and incinerators each year.