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Bio-Based Building Materials Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 – 2032

Publisher Global Market Insights
Published Dec 05, 2024
Length 220 Pages
SKU # GMI19650335

Description

The Global Bio-Based Building Materials Market reached USD 24.2 billion in 2023 and is projected to grow at an impressive CAGR of 19% from 2024 to 2032. This growth is fueled by increasing sustainability initiatives and the rising demand for eco-friendly construction materials. Bio-based materials have become highly sought after due to their renewable nature, low carbon footprint, and ability to enhance indoor air quality, making them a cornerstone of modern, sustainable building practices.

By material type, the market is segmented into natural fibers, wood-based products, agro-waste-based products, bio-polymers, bio-insulation materials, bio-concrete, and others. Among these, wood-based products led the market with a valuation of USD 8.2 billion in 2023, and they are expected to grow at a CAGR of 19.5% from 2024 to 2032. Wood’s sustainability, renewability, and biodegradability make it a standout choice over traditional materials. Its versatility, strength, and reduced environmental impact position it as a go-to option for both structural and aesthetic applications in construction and infrastructure projects.

The market is categorized into residential, commercial, industrial, and infrastructure sectors based on end-use. The residential segment dominated in 2023, capturing 37% of the market share, and is projected to grow at a CAGR of 19.3% through 2032. Homeowners are increasingly prioritizing materials that improve indoor air quality and minimize environmental impact. Bio-based alternatives, free from harmful chemicals and emissions, align with the growing demand for sustainable, healthier living spaces, driving their adoption in the residential sector.

The U.S. bio-based building materials market generated USD 5.1 billion in 2023 and is set to expand at a CAGR of 19.2% from 2024 to 2032. Growth in the U.S. is primarily driven by government incentives, tax benefits, and certification programs promoting green construction practices. Policies focused on sustainable infrastructure and energy-efficient buildings have further accelerated the adoption of bio-based materials, solidifying the U.S. as a global leader in this market.

Table of Contents

220 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry synopsis, 2021-2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing demand for sustainable construction
3.6.1.2 Technological advancements
3.6.2 Industry pitfalls & challenges
3.6.2.1 Higher initial costs
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Material Type, 2021-2032 (USD Billion)
5.1 Key trends
5.2 Natural fibers
5.3 Wood-based products
5.4 Agro-waste-based products
5.5 Bio-polymers
5.6 Bio-insulation materials
5.7 Bio-concrete
5.8 Others (bio-adhesives and binders, Etc)
Chapter 6 Market Estimates & Forecast, By Construction Type, 2021-2032 (USD Billion)
6.1 Key trends
6.2 New construction
6.3 Renovation and retrofit
Chapter 7 Market Estimates & Forecast, By Application, 2021-2032 (USD Billion)
7.1 Key trends
7.2 Structural components
7.3 Insulation
7.4 Flooring
7.5 Wall panels and cladding
7.6 Roofing
7.7 Others (decorative materials, Etc)
Chapter 8 Market Estimates & Forecast, By End Use, 2021-2032 (USD Billion)
8.1 Key trends
8.2 Residential
8.3 Commercial
8.4 Industrial
8.5 Infrastructure
Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021-2032 (USD Billion)
9.1 Key trends
9.2 Direct
9.3 Indirect
Chapter 10 Market Estimates & Forecast, By Region, 2021-2032 (USD Billion)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 South Africa
Chapter 11 Company Profiles
11.1 BASF SE
11.2 Clayworks Ltd.
11.3 Cork House
11.4 Durisol
11.5 EcoCocon
11.6 ECOR Global
11.7 Forbo Flooring Systems
11.8 Green Building Supply
11.9 Hempitecture Inc.
11.10 Interface, Inc.
11.11 Kirei
11.12 MycoWorks
11.13 NatureWorks LLC
11.14 Novamont S.p.A.
11.15 Plantd
 

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