Sustainable Building Material Manufacturing in the US
Over much of the past decade, environmental concerns have shed light on the importance of developing and using sustainable materials for the construction of homes, buildings and structures. States, counties and cities have tightened building codes to promote the use of energy-efficient products and sustainable materials, which has driven growth for the Sustainable Building Material Manufacturing industry. Tax subsidies and operating cost savings have also supported this trend. Over the five years to 2022, the industry is anticipated to experience exceptional growth, albeit a slower rate than during the previous period as the construction market recovers to prior levels. Demand from residential and commercial construction projects to produce LEED-certified buildings will drive the use of sustainable materials. Moreover, technology will continue improving the performance and relative cost of sustainable materials, further spurring demand.
This industry produces building materials used during the construction and renovation of Leadership in Energy and Environmental Design (LEED)-certified building structures. Such buildings use sustainable materials that reduce building water, energy and other resource needs. Sustainable materials are more efficient than traditional products because they reduce pollution, waste and environmental degradation.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.