Report Highlights
The U.S. market for green building materials reached nearly $40.0 billion and $43.8 billion in 2013 and 2014, respectively. This market is expected to grow at a compound annual growth rate (CAGR) of 9.5% to nearly $69.0 billion over the period 2014-2019.
Report Includes
- An overview of the U.S. market for green building materials.
- Analyses of global market trends, with data from 2013 and 2014, and projections of CAGRs through 2019.
- Information on green building materials which include those originating from salvaged, recycled, or agricultural waste content; those materials manufactured with the goal of resource-efficiency or environmentally friendliness, as well as materials meant to benefit the environment or that will be recyclable after their lifetime.
- Analysis of technical, commercial, and other prerequisites need to succeed in the green building materials market.
- Details pertaining to the market's drivers, inhibitors, and opportunities for growth.
- Profiles of major players in the industry
Report Scope
The scope of this report includes the U.S. market for building products that meet its definition of green, that is, those that are:
Made from salvaged, recycled or agricultural waste content.
- Manufactured with resource-efficient, environmentally friendly processes (e.g., conserve water/energy, minimize pollutants and process wastes).
- Derived from rapidly renewable resources (e.g., fast-growth wood).
- Beneficial to the built environment (e.g., conserve energy, remove indoor pollutants).
- Recyclable at the end of their life.
In general, coverage is limited to building products that meet one of these criteria and are at least neutral with respect to the other three (e.g., wood particle board is generally not included because it is made from recycled/waste materials but is subject to potentially harmful outgassing).
The report format includes the following major elements:
- Executive summary.
- Types of green building technologies.
- End users and applications.
- Manufacturers and related service providers.
- Patent analysis.
- Public policy dimensions and green initiatives.
- Market drivers.
- U.S. trends in the market for green building technologies by technology, product type, application and geographical region, 2013 to 2019.
Analyst Credentials
Erik Vickstrom is a senior management consultant with a U.S.-based boutique management consulting firm. He has experience working with both small engineering firms and Fortune 200 companies on the commercial verification of emerging technologies; on business model development and commercialization plans with technologies in the energy, materials, electronics, manufacturing and environmental markets; and assisting private equity firms with acquisitions in the industrials space. Prior to his current role, Erik worked with small- to large-size companies, focusing on new enterprise development and business strategy in various stages. Erik received his degrees (MBA, M.A., and B.S.) from the University of Illinois at Urbana-Champaign, Ill., where he also conducted his postgraduate work and studies.
Report Highlights
- U.S. market for green building materials was approximately $12.8 billion in 2008. This market declined to $9.6 billion in 2009 under the impact of the recession. It is projected to grow to nearly $31.4 billion between 2009 and 2014, at a CAGR of 26.7% over the 5-year period
- Structural materials market was nearly $8.0 billion in 2008; this further decreased to $5.7 billion in 2009, this is projected to reach $20.8 billion in 2014, for a 5-year CAGR of 29.2%.
- Interior materials market was $2.5 billion in 2008; this further decreased to approx $2 billion in 2009, this is projected to reach $5.8 billion in 2014, for a 5-year CAGR of 24%.
Report Highlights
-
BCC estimates the value of the U.S. green building materials market at $21.1 billion in 2005. This figure is expected to rise to $21.9 billion in 2006 and to $27.9 billion by 2011, an AAGR of 4.9% over the next five years.
-
Structural building materials accounted for nearly three-quarters of the U.S. green building materials market in 2005, followed by interior materials (13.8%), exterior materials (11.2%) and plumbing/wiring/fixtures (0.1%). Exterior building materials are growing at a faster rate (i.e., an AAGR of 10% through 2011) than any other product segment, and as a result are expected to increase their market share to 15.7% by 2011.
-
Turning to individual products, oriented strand board (OSBO) had by far the largest sales of any green building product in 2005 and is expected to remain in first place through 2011, despite price erosion, which will reduce the value of sales over time. Other top-selling green building materials included i-joists, glue laminated timber and fiber cement.
Related Reports
The U.S. Market for Home Automation and Security Technologies
The U.S. market for home automation systems and devices was valued at $6.5 billion in 2013 and almost $6.9 billion in 2014. This market is expected to reach nearly $10.3 billion in 2019, a compound annual growth rate (CAGR) of 8.3% between 2014 and 2019.
Smart Materials and Their Applications: Technologies and Global Markets
The global market for smart materials totaled about $26.0 billion in 2014 and is expected to reach $42.2 billion in 2019, registering a compound annual growth rate (CAGR) of 10.2% for the period 2014-2019.
Light-Emitting Diodes (LEDs) for Lighting Applications
Global shipments of high-brightness LEDs were worth an estimated $38.2 billion in 2013. The market is projected to reach nearly $46.4 billion in 2014 and $105.5 billion in 2019, a compound annual growth rate (CAGR) of 17.9% between 2014 and 2019.
Zero Net Energy Buildings: Global Markets
The global market for zero net energy (ZNE) commercial buildings was valued at $30.9 million in 2013, increasing to $44.5 million in 2014. The market should total $239.7 million by 2018, with a compound annual growth rate (CAGR) of 50.6% between 2013 and 2018.
Recent Reports
Water Meters, Water Quality Sensors and Water Leak Detection: Global Markets
The global market for water meters is estimated to increase from $15.0 billion in 2023 to reach $19.3 billion by 2029, at a compound annual growth rate (CAGR) of 4.5% from 2024 through 2029.
Circular Economy: A Global Outlook
This report provides an in-thorough analysis of the circular economy market, highlighting its current and future potential. It provides a detailed examination of market drivers, restraints, challenges, and opportunities, along with market projections for 2029 and rankings of key market players.
Green Mining: Global Market
The global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2029.
Green Tires Market
The global market for green tires is expected to grow from $88.2 billion in 2024 and is projected to reach $152.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Global Water and Wastewater Pipes Market
This report provides an overview of the global water and wastewater pipes market. The study discusses the status on how industry works and what future holds for industrial growth considering government initiatives and product advancements considering rising growth of Plastic pipes in the industry.
Top Trending Reports
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Oncology Pharmaceuticals Market
The global market for oncology pharmaceuticals is estimated to increase from $196.4 billion in 2023 to reach $401.4 billion by 2029, at a compound annual growth rate (CAGR) of 12.7% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More