PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1355042
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1355042
European Union Green Building Materials Market Assessment, By Product Type, By Application, By End-user, By Region, Opportunities and Forecast, 2016-2030F
European Union green building materials market size was valued at USD 31.4 billion in 2022, which is expected to grow to USD 63 billion in 2030, with a CAGR of 9.1% during the forecast period between 2023 and 2030. The rising government aid to foster the development of energy-efficient buildings and the increasing utilization of green building materials in residential construction projects to ensure minimized maintenance or replacement costs, superior insulation, and air-sealing quality are expected to be the prominent drivers accelerating the market growth.
Governments in various European Union countries are implementing strategies such as incentives, government aid, and others to increase the utilization of green building materials to reduce the carbon footprints related to the built environment and minimize the effects of climate change. Furthermore, the rise in residential construction activities is attributed to factors, including increasing demand for larger living spaces, the development of new residential complexes, and others. Thus, the bolstering of residential construction activities is propelling the demand for highly sustainable materials to enhance energy efficiency, fostering the European Union green building materials market growth.
Government Subsidies in the European Union to Foster the Development
Governments in the European Union countries are implementing subsidies in the form of tax benefits, low-interest rate loans, public procurement, fast-track approvals, and promotion of renewable energy to boost the development of new green building projects.
For instance, in August 2022, the government of Germany implemented an aid of USD 19.9 billion (EURO 18.9 billion) for the development of new green buildings and renovation subsidies. Financial aid is fostering the development of new green building projects. Thus, government subsidies for green building projects augment the demand for green building materials in the European Union, thereby driving market growth.
Increase in the Development of New Building Projects
Green building materials, including earthen materials, fiberglass, etc., are often deployed in green building projects to maintain superior indoor air quality, water conservation, and resource efficiency. The increasing measures to improve human health and minimize greenhouse gas emissions bolstered the development of new green building projects in the European Union.
For instance, according to Green Business Certification Inc., in 2022, Spain held the 8th largest green building market at the global level. In 2021, Spain's green building projects were 16,107,100.54 square feet; in 2022, it was 16,851,697.75 square feet, an increase of 4.6%. Therefore, the rise in green building projects is driving the demand for green building materials such as cellulose, polyurethane, fiber cement, etc. in the European Union to ensure the superior durability of structures is, in turn, spurring the European Union green building materials market growth.
Rising Adoption of Green Building Materials in Sweden is Augmenting the Market Growth
Green building materials offers exclusive benefits, including minimum costs related to changing space configurations and superior design flexibility for construction companies which have their regional presence in Sweden. As a result, the adoption of green building materials is increasing in the country.
For instance, according to Green Business Certification Inc., in 2022, Sweden held the 5th position in the global green building ranking. In 2021, green building projects in Sweden with 52 projects, covering an area of 24,419,164.67 square feet. Hence, the increase in green building projects in Sweden is accelerating the demand for materials such as earthen materials, fiber glass, cellulose, and others to ensure easy maintenance, which is driving the market growth in the country.
Future Market Scenario
The plans for the development of new mixed-use construction projects are increasing in the European Union to achieve long-term sustainability goals. For instance, in June 2023, Atrium Ljungberg, a Sweden-based real estate company announced the plans for the development of Stockholm Wood City. The floor area of the city will be 250,000 square meters, comprising 2,000 houses and 7,000 offices. Thus, the future projects for the development of green building projects in the European Union will accelerate the demand for green building materials, thereby creating a lucrative opportunity for market growth.
The targets of the European Union are increasing for the renovation of substandard building structures with green building materials so that optimum energy efficiency is achieved. For instance, the European Union countries have implemented the EU Green Buildings Pact to make commercial and residential buildings eco-friendly by enhancing insulation and energy efficiency. The primary aim of the pact is to double renovation rates to 35 million buildings across the European Union by 2030. Hence, the increase in the rate of renovation with green building materials such as cellulose and polyurethane will create a favorable growth outlook for the market in the coming years.
The building and construction industry in the European Union is among the major sectors contributing to a higher carbon emission rate. As a result, governments in the European Union are implementing carbon-neutral targets. For instance, the intermediate target of the European Green Deal is to reduce carbon emissions by 55% in 2030 and become carbon neutral by 2050. Therefore, the long-term sustainability targets are expected to reduce carbon generation which will accelerate the deployment of green building materials across the European Union, thereby creating a prominent potential for market growth during the forecast period.
Key Players Landscape and Outlook
The prominent European Union green building materials industry market players include: Sika AG, HOLCIM, BASF SE, Binderholz GmbH, and others. The above-listed major players involved in the manufacturing and supply of green building materials, such as earthen materials, fiber glass, cellulose, etc., are investing in strategies such as new product innovation, acquisitions, and facility expansion, to increase their market revenue and volume share in the European Union green building materials market.
In July 2022, HOLCIM, a Switzerland-based manufacturer of green building materials launched ECOPlanet cement, a new range of green building materials. ECOPlanet cement product range has a 30% less carbon footprint. Thus, the development of a new range of products will increase the supply of green building materials in the European Union, thereby spurring market growth in the coming years.
Table of Contents
1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19 on European Union Green Building Materials Market
4. Impact of Russia-Ukraine War
5. Executive Summary
6. Voice of Customer
- 6.1. Market Awareness and Product Information
- 6.2. Brand Awareness and Loyalty
- 6.3. Factors Considered in Purchase Decision
- 6.3.1. Brand Name
- 6.3.2. Quality
- 6.3.3. Quantity
- 6.3.4. Price
- 6.3.5. Product Specification
- 6.3.6. Application Specification
- 6.3.7. Shelf-Life
- 6.3.8. Availability of Product
- 6.4. Frequency of Purchase
- 6.5. Medium of Purchase
7. European Union Green Building Materials Market Outlook, 2016-2030F
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.1.2. By Volume
- 7.2. By Product Type
- 7.2.1. Earthen Materials
- 7.2.2. Structural Insulated Panels (SIPS)
- 7.2.3. Straw Bale
- 7.2.4. Wood
- 7.2.5. Insulated Concrete Forms
- 7.2.6. Fiber Glass
- 7.2.7. Cellulose
- 7.2.8. Natural Fiber
- 7.2.9. Polystyrene & Isocyanurate
- 7.2.10. Polyurethane
- 7.2.11. Steel
- 7.2.12. Slate/stone
- 7.2.13. Composites
- 7.2.14. Fiber Cement
- 7.2.15. Natural Clay
- 7.2.16. Others
- 7.3. By Application
- 7.3.1. Roofing
- 7.3.2. Flooring
- 7.3.3. Insulation
- 7.3.4. Interior Finishing
- 7.3.5. Others
- 7.4. By End-user
- 7.4.1. Residential
- 7.4.1.1. Row Houses
- 7.4.1.2. Independent Houses
- 7.4.1.3. Apartments
- 7.4.2. Commercial
- 7.4.2.1. Office Buildings
- 7.4.2.2. Healthcare Facilities
- 7.4.2.3. Retail Stores
- 7.4.2.4. Banks
- 7.4.2.5. Hotels and Restaurants
- 7.4.2.6. Concert Halls and Museums
- 7.4.2.7. Sports Arena
- 7.4.2.8. Educational Institutes
- 7.4.2.9. Others
- 7.4.3. Industrial
- 7.4.4. Infrastructure
- 7.4.4.1. Airports
- 7.4.4.2. Parking Spaces
- 7.4.4.3. Railways
- 7.4.4.4. Others
- 7.4.1. Residential
- 7.5. By Region
- 7.5.1. Germany
- 7.5.2. France
- 7.5.3. Italy
- 7.5.4. Netherlands
- 7.5.5. Spain
- 7.5.6. Poland
- 7.5.7. Rest of the European Union
8. European Union Green Building Materials Market Outlook, By Region, 2016-2030F
- 8.1.1. Germany*
- 8.1.1.1. Market Size & Forecast
- 8.1.1.1.1. By Value
- 8.1.1.1.2. By Volume
- 8.1.1.2. By Product Type
- 8.1.1.2.1. Earthen Materials
- 8.1.1.2.2. Structural Insulated Panels (SIPS)
- 8.1.1.2.3. Straw Bale
- 8.1.1.2.4. Wood
- 8.1.1.2.5. Insulated Concrete Forms
- 8.1.1.2.6. Fiber Glass
- 8.1.1.2.7. Cellulose
- 8.1.1.2.8. Natural Fiber
- 8.1.1.2.9. Polystyrene & Isocyanurate
- 8.1.1.2.10. Polyurethane
- 8.1.1.2.11. Steel
- 8.1.1.2.12. Slate/stone
- 8.1.1.2.13. Composites
- 8.1.1.2.14. Fiber Cement
- 8.1.1.2.15. Natural Clay
- 8.1.1.2.16. Others
- 8.1.1.3. By Application
- 8.1.1.3.1. Roofing
- 8.1.1.3.2. Flooring
- 8.1.1.3.3. Insulation
- 8.1.1.3.4. Interior Finishing
- 8.1.1.3.5. Others
- 8.1.1.4. By End-user
- 8.1.1.4.1. Residential
- 8.1.1.4.1.1. Row Houses
- 8.1.1.4.1.2. Independent Houses
- 8.1.1.4.1.3. Apartments
- 8.1.1.4.2. Commercial
- 8.1.1.4.2.1. Office Buildings
- 8.1.1.4.2.2. Healthcare Facilities
- 8.1.1.4.2.3. Retail Stores
- 8.1.1.4.2.4. Banks
- 8.1.1.4.2.5. Hotels and Restaurants
- 8.1.1.4.2.6. Concert Halls and Museums
- 8.1.1.4.2.7. Sports Arena
- 8.1.1.4.2.8. Educational Institutes
- 8.1.1.4.2.9. Others
- 8.1.1.4.3. Industrial
- 8.1.1.4.4. Infrastructure
- 8.1.1.4.4.1. Airports
- 8.1.1.4.4.2. Parking Spaces
- 8.1.1.4.4.3. Railways
- 8.1.1.4.4.4. Others
- 8.1.2. France
- 8.1.3. Italy
- 8.1.4. Netherlands
- 8.1.5. Spain
- 8.1.6. Poland
- 8.1.7. Rest of the European Union
All segments will be provided for all countries covered
9. Supply Side Analysis
- 9.1. Capacity, By Company
- 9.2. Production, By Company
- 9.3. Operating Efficiency, By Company
- 9.4. Key Plant Locations (Up to 25)
10. Market Mapping, 2022
- 10.1. By Product Type
- 10.2. By Application
- 10.3. By End-user
- 10.4. By Region
11. Macro Environment and Industry Structure
- 11.1. Supply Demand Analysis
- 11.2. Import Export Analysis - Volume and Value
- 11.3. Supply/Value Chain Analysis
- 11.4. PESTEL Analysis
- 11.4.1. Political Factors
- 11.4.2. Economic System
- 11.4.3. Social Implications
- 11.4.4. Technological Advancements
- 11.4.5. Environmental Impacts
- 11.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
- 11.5. Porter's Five Forces Analysis
- 11.5.1. Supplier Power
- 11.5.2. Buyer Power
- 11.5.3. Substitution Threat
- 11.5.4. Threat from New Entrant
- 11.5.5. Competitive Rivalry
12. Market Dynamics
- 12.1. Growth Drivers
- 12.2. Growth Inhibitors (Challenges, Restraints)
13. Key Players Landscape
- 13.1. Competition Matrix of Top Five Market Leaders
- 13.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2022)
- 13.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
- 13.4. SWOT Analysis (For Five Market Players)
- 13.5. Patent Analysis (If Applicable)
14. Pricing Analysis
15. Case Studies
16. Key Players Outlook
- 16.1. Sika AG
- 16.1.1. Company Details
- 16.1.2. Key Management Personnel
- 16.1.3. Products & Services
- 16.1.4. Financials (As reported)
- 16.1.5. Key Market Focus & Geographical Presence
- 16.1.6. Recent Developments
- 16.2. HOLCIM
- 16.3. BASF SE
- 16.4. Binderholz GmbH
- 16.5. Wienerberger AG
- 16.6. Kerakoll SpA
- 16.7. Alubel SpA
- 16.8. ITALPANNELLI SRL
- 16.9. Flogen Swiss
- 16.10. VARIANT-HAUS-GROUP.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
17. Strategic Recommendations
18. About Us & Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. European Union Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 2. European Union Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 3. European Union Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 4. European Union Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 5. European Union Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 6. European Union Green Building Materials Market Share, By Region, In USD Billion, 2016-2030F
- Figure 7. Germany Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 8. Germany Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 9. Germany Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 10. Germany Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 11. Germany Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 12. France Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 13. France Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 14. France Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 15. France Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 16. France Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 17. Italy Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 18. Italy Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 19. Italy Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 20. Italy Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 21. Italy Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 22. Netherlands Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 23. Netherlands Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 24. Netherlands Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 25. Netherlands Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 26. Netherlands Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 27. Spain Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 28. Spain Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 29. Spain Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 30. Spain Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 31. Spain Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 32. Poland Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 33. Poland Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 34. Poland Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 35. Poland Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 36. Poland Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 37. Rest of European Union Green Building Materials Market, By Value, In USD Billion, 2016-2030F
- Figure 38. Rest of European Union Green Building Materials Market, By Volume, In Kilotons, 2016-2030F
- Figure 39. Rest of European Union Green Building Materials Market Share, By Product Type, In USD Billion, 2016-2030F
- Figure 40. Rest of European Union Green Building Materials Market Share, By Application, In USD Billion, 2016-2030F
- Figure 41. Rest of European Union Green Building Materials Market Share, By End-user, In USD Billion, 2016-2030F
- Figure 42. By Product Type Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 43. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 44. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 45. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2022
