Hempcrete

Global Hempcrete Market to Reach US$34.8 Billion by 2030

The global market for Hempcrete estimated at US$27.3 Billion in the year 2024, is expected to reach US$34.8 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2024-2030. Wood Type, one of the segments analyzed in the report, is expected to record a 4.3% CAGR and reach US$19.5 Billion by the end of the analysis period. Growth in the Hempcrete Type segment is estimated at 4.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$7.4 Billion While China is Forecast to Grow at 7.6% CAGR

The Hempcrete market in the U.S. is estimated at US$7.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.7% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Global Hempcrete Market – Key Trends & Drivers Summarized

Why Is Hempcrete Revolutionizing Sustainable Construction?

Hempcrete is emerging as a game-changing material in the sustainable construction industry, offering an eco-friendly alternative to traditional concrete. Made from hemp hurds, lime, and water, this bio-composite material is lightweight, highly insulating, and carbon-negative, making it an attractive option for green building projects. Unlike conventional concrete, hempcrete does not require high-energy processing, reducing its overall carbon footprint. Additionally, hempcrete has excellent thermal and moisture-regulating properties, enhancing indoor air quality and energy efficiency in buildings. As climate change concerns and green building initiatives gain momentum, the demand for hempcrete is increasing among architects, developers, and environmentally conscious homeowners. The push for circular economy practices and net-zero energy buildings further strengthens the market potential of hempcrete as a sustainable construction material.

How Is Innovation Improving the Usability of Hempcrete?

The hempcrete industry is benefiting from continuous research and innovation, making the material more durable, cost-effective, and scalable for commercial construction. One of the key advancements is the development of pre-cast hempcrete blocks, which simplify construction processes and improve structural integrity. Additionally, improvements in binder formulations have enhanced the setting time and compressive strength of hempcrete, addressing one of its primary limitations compared to traditional concrete. The integration of 3D printing technology is also revolutionizing hempcrete applications, allowing for precise, sustainable, and cost-efficient building solutions. These innovations are making hempcrete a viable option for larger-scale residential and commercial projects, expanding its adoption beyond niche sustainable housing initiatives.

Why Is Demand for Hempcrete Growing in the Construction Industry?

The demand for hempcrete is rising due to increasing regulatory support for sustainable building materials, rising consumer preference for eco-friendly housing, and growing awareness of hemp-based products. Governments and policymakers are promoting green construction through incentives, subsidies, and updated building codes that encourage the use of carbon-neutral materials like hempcrete. Additionally, the rising cost of energy and the need for more efficient insulation materials are driving builders toward hempcrete’s natural thermal-regulating capabilities. The home renovation and restoration sector is also adopting hempcrete as an ideal material for retrofitting older buildings, improving energy efficiency, and reducing environmental impact. These factors are collectively fueling the expansion of the hempcrete market.

What Are the Key Factors Driving the Growth of the Hempcrete Market?

The growth in the hempcrete market is driven by increasing sustainability regulations, advancements in material science, and the expanding hemp cultivation industry. The construction sector’s shift toward carbon-negative materials is creating new opportunities for hempcrete suppliers and manufacturers. Additionally, the growing availability of industrial hemp due to legislative support is reducing raw material costs, making hempcrete more competitive with traditional building materials. Investments in research and innovation aimed at improving hempcrete’s load-bearing capacity and production efficiency are further contributing to market expansion. As sustainable construction gains mainstream acceptance, the demand for hempcrete is expected to witness significant growth, positioning it as a key player in the future of green architecture.

SCOPE OF STUDY:

The report analyzes the Hempcrete market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Wood Type, Hempcrete Type, Rammed Earth Type, Other Types); Application (Residential Construction Application, Commercial Construction Application, Industrial Construction Application, Other Applications); Distribution Channel (Direct Sales Distribution Channel, Distributors & Wholesalers Distribution Channel, Retail Distribution Channel, Online Sales Distribution Channel); Construction Phase (New Construction Phase, Retrofit & Renovation Construction Phase); Function (Structural Function, Insulation Function, Plaster & Render Function)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• Americhanvre Cast Hemp
• Arbio SA
• ArtCan
• Baumer - Ereasy
• Block-It
• Bootz Natural Materials
• Cannatektum
• Hemp Block USA
• Hemp Building Company
• Hemp Eco Systems
• Hempcrete Natural Building Ltd
• HempFlax Group B.V.
• Hempire USA
• HempStone
• Homeland Hempcrete
• International Hemp Building Association
• IsoHemp
• Sativa Building Systems
• UK Hempcrete
• X-Hemp

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.