Building Insulation Materials Global Market Report 2023 – By Material (Fiberglass, Mineral Wool, Cellulose, Polyurethane Foam, Polyisocyanurate Foam, Polystyrene, Aerogels, Other materials), By Insulation (Bulk, Reflective), By Application (Wall Insulation, Underfloor Insulation, Ceiling or Roof Insulation, Window Insulation, Other Applications), By End User (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2023-2032

The exterior insulation and finish system is a cladding system, which provides an insulated finished surface and waterproofing to the exterior walls. It is the facade insulation, or energy-efficient thermal wrapping, that is applied to the external surfaces of the building. The main types of exterior insulation and finish systems are polymer-based and polymer-modified. Materials used for exterior insulation and finish systems includes mineral wool, expanded polystyrene, and others. Mineral wool is an inorganic non-metallic product manufactured from silica or stone that is heated to a high temperature until it becomes molten. The high-temperature molten stone or glass is spun and formed into a fibrous and flexible mat, forming the mineral wool. Mineral wool has good thermal insulation, fire safety, and soundproofing characteristics. Components of exterior insulation and finish systems include adhesive, insulation board, base coat, reinforcement, and finish coat. Exterior insulation and finish systems are mainly used in residential and non-residential applications. The global exterior insulation and finish system market is segmented - 1) By Material: Mineral Wool, Expanded Polystyrene, Other Materials 2) By Application: Residential, Non-Residential 3) By Type: Polymer-Based, Polymer-Modified 4) By Component: Adhesive, Insulation Board, Base Coat, Reinforcement, Finish Coat The global exterior insulation and finish system market size grew from $84.39 billion in 2022 to $92.16 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global exterior insulation and finish system is expected to grow to $132.04 billion in 2027 at a CAGR of 9.4%. The growing adoption of green building protocols is expected to propel the growth of the exterior insulation and finish system market. Green buildings are the buildings that contribute towards eliminating or reducing the negative impacts on the climate and environment and create a positive impact through their design, operation, or construction. Green buildings make efficient use of water, energy, and various other renewable resources. Exterior insulation and finish systems produce negligible waste, which is reusable and recyclable, contributing to environmental waste management. According to the World Green Building Council, a global non-profit organization in the building and construction industry, the global green building market has the potential to reduce energy consumption by 50% or more by 2050. Therefore, the growing adoption of green building protocols is driving the exterior insulation and finish system market. Major players in the exterior insulation and finish system market are Adex Systems Inc., Aliva UK Ltd., Allana Buick & Bers Inc., Amvic Inc., BASF SE, Dryvit Systems Inc., Durabond Products Ltd., Durock Alfacing International Limited, Foundation Building Materials LLC, Knauf Insulation GmbH, Master Wall Inc., Omega Products International Inc., Owens Corning, Saint-Gobain Group, Shingobee Builders Inc., Sika AG, Simpson Gumpertz & Heger Incorporated, STO SE & Co. KGaA, Terraco Group, Wacker Chemie AG, Virginia Stucco Co, and Lafargeholcim Ltd. Product innovations are a key trend gaining popularity in the exterior insulation and finish system market. For instance, in June 2022, DuPont, a US-based chemical company, launched DuPont™ Thermax™ NH Insulation with innovative glass fiber-reinforced foam core and high R-value It is specifically made to be used as interior finish systems for walls and ceilings as well as outside continuous insulation. Its distinctive qualities include being able to be left exposed on interior walls and ceilings without a thermal barrier and providing consistent, high performance R-value at both 75 °F and 40 °F (UL 1715), Zero ODP, HFC-free, and low VOC. In September 2020, Saint-Gobain, a France-based manufacturer of building materials, acquired Strikolith for an undisclosed amount. Through this acquisition, Saint-Gobain aims at strengthening its offering in the construction chemicals and external thermal insulation composite systems market in the Netherlands. Strikolith is a Netherlands-based company engaged in the manufacturing of wall, front, and ceiling finishes. Western Europe was the largest region in the exterior insulation and finish system market in 2022. The regions covered in the global exterior insulation and finish system market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the exterior insulation and Finish System market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The exterior insulation and finish system market consists of sales of stiff and rigid insulation boards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The exterior insulation and finish system market research report is one of a series of new reports from The Business Research Company that provides exterior insulation and finish system market statistics, including exterior insulation and finish system industry global market size, regional shares, competitors with a exterior insulation and finish system market share, detailed exterior insulation and finish system market segments, market trends and opportunities, and any further data you may need to thrive in the exterior insulation and finish system industry. This exterior insulation and finish system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Structural insulated panels are high-performance insulating panels used to construct walls, ceilings, and floors for residential and light commercial construction. They consist of a super-strong construction panel having an insulating foam between two structural facings. Structural insulated panels have superior strength against natural disasters, high energy efficiency, and are cost-effective for construction purposes. The main structural insulated panels products include EPS (expanded polystyrene) panels, rigid polyurethane (PUR) and rigid polyisocyanurate (PIR) panels, glass wool panels, and other products. EPS (expanded polystyrene) panel refers to a white foam plastic material produced from solid beads of polystyrene. It is used in insulated panel systems for use in floors, walls and roofs of domestic as well as commercial buildings. The structural insulated panels facing materials include oriented strand board (OSB) structural insulated panels and magnesium oxide (MgO) board structural insulated panels. The different applications of structural insulated panels are for walls and floors, roofs and cold storage which are used by residential and non-residential end-users. The global structural insulated panels market is segmented - 1) By Product: EPS (Expanded Polystyrene) Panel, Rigid Polyurethane (PUR) and Rigid Polyisocyanurate (PIR) Panel, Glass Wool Panel, Other Products 2) By Facing Material: Oriented Strand Board (OSB) Structural Insulated Panels, Magnesium Oxide (MgO) Board Structural Insulated Panels 3) By Application: Walls And Floors, Roofs, Cold Storage 4) By End User: Residential, Nonresidential The global structural insulated panels market size grew from $0.41 billion in 2022 to $0.43 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of structural insulated panels market is expected to grow to $0.55 billion in 2027 at a CAGR of 6.3%. The increase in emphasis on green buildings is expected to propel the growth of the structural insulated panels market. The structural insulated panel system has superior thermal resistance and, insulation capabilities, which enables the building envelope to regulate the heating, cooling, and humidity using less energy to heat or cool. For instance, according to the World Green Building Trends, 47% of industry respondents would make the majority of their projects green by 2021. Also, according to the World Green Building Council, the global green building industry has the potential to cut energy consumption by 50% or more by 2050. Therefore, increasing emphasis on green buildings is driving the growth of the structural insulated panels market. Major players in the structural insulated panels market is Kingspan Group, PFB Corporation, Isopan, Structural Panels Inc., Ingreen Systems Corp., Owens Corning, Premier Building Systems, Inc., T. Clear Corporation, ACME Panels, Eagle Panel Systems, Inc., Future Building of America, Isopan, Korwall Industries, M-sips, Inc., and Porter Corp. Growing collaborations and strategic partnerships among structural insulated panels companies is a key trend gaining popularity in the market. Structural insulated panel companies are focusing on manufacturing sustainable products and reducing emissions. For instance, in April 2021, Kingspan Group, an Ireland-based building materials company that produces structural insulated panels partnered with Sweden based fossil-free steel manufacturer, H2 Green Steel. The partnership would help in reducing embodied carbon in Kingspan’s insulated panel products by over 45% and aid towards net zero carbon manufacturing by 2030 with the intent of minimizing emissions to the lowest possible level. In August 2021, Owens Corning, a US-based producer of residential and commercial building materials, acquired Vliepa GmbH for an undisclosed amount. The acquisition is expected to broaden Owens Corning’s global nonwovens portfolio to better serve European customers and accelerate the growth of building and construction market applications in the region. Vliepa GmbH is a Germany-based building materials company that produces structural insulated panels. North America was the largest region in the structural insulated panels market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global structural insulated panels market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the structural insulated panels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA The structural insulated panels market consists of sales of polystyrene panel, polyurethane panel & polyisocyanurate panel, glass wool, and other structural insulated panels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The structural insulated panels market research report is one of a series of new reports from The Business Research Company that provides structural insulated panels market statistics, including structural insulated panels industry global market size, regional shares, competitors with a structural insulated panels market share, detailed structural insulated panels market segments, market trends and opportunities, and any further data you may need to thrive in the structural insulated panels industry. This structural insulated panels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Vacuum insulation panel refers to thermal insulation that consists of a gas-tight shell enclosing a rigid core that has been evacuated of air. They are manufactured with microporous core encapsulated and vacuum sealed in impermeable high gas barrier film under vacuum. The advantages of vacuum insulation panels are good thermal efficiency, reliable long-term performance, and fit in tight spaces in new buildings. The main types of vacuum insulation panel are flat and special shape. Flat vacuum insulation panels refers to vacuum insulation panels that are flat in shape and they are widely used in logistics, construction, and cooling and freezing industry as they have high thermal insulation properties. The materials used in vacuum insulation panels are silica, fiberglass, plastic, metal, other raw materials. The vacuum insulation panels are used in construction, cooling and freezing devices, logistics, other applications. The global vacuum insulation panel market is segmented - 1) By Type: Flat, Special shape 2) By Raw Material: Silica, Fiberglass, Plastic, Metal, Other Raw Materials 3) By Application: Construction, Cooling and Freezing Devices, Logistics, Other Applications The global vacuum insulation panel market size grew from $7.33 billion in 2022 to $7.7 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market siz e of global vacuum insulation panel market is expected to grow to $9.29 billion in 2027 at a CAGR of 4.8%. The growth in the construction industry is expected to drive the growth of the vacuum insulation panel in the forecast period. The growth in the construction industry is due to rapid urbanization and a rise in income. The vacuum insulation panels are used during the construction as they help in reducing the consumption of energy in commercial and residential buildings. According to the Building and Construction Authority (BCA), Singapore the demand for total construction in 2022 is anticipated to be between S$27 billion and S$32 billion. Therefore, the growth in the construction industry helps in the growth of the vacuum insulation panel market. Innovation is a key trend in the vacuum insulation panel market. Innovation in the product is crucial to remain competitive in the market. Self-healing films are an innovation that is gaining traction. The thermal resistance of vacuum insulation panels (VIPs) is around R40/inch. During shipment and installation, the barrier film, that maintains the panel's vacuum and thermal performance can be readily broken. The Oak Ridge National Laboratory is developing a self-healing barrier coating for VIPs that will instantaneously fix puncture damage. The self-healing barrier coating will prevent vacuum loss, allowing the VIPs to maintain thermal performance. In January 2022, Kingspan Group, an Ireland-based building materials company that provides high-performance insulation and building envelope solutions, acquired Thermal Visions for an undisclosed amount. This acquisition will benefit Kingspan's fast-developing vacuum insulation panel business in North America, focused on the re-roofing industry. Thermal Visions will bring a durable fiberglass vacuum insulation panel solution to assist Kingspan's packaging expansion in the United States and Europe. Thermal Visions Inc is a US-based developer and manufacturer of vacuum insulation panels. Major players in the vacuum insulation panel market are Evonik Industries AG, Panasonic, DOW Corning, Kevothermal LLC, Microtherm Sentronic GmbH, Va Q Tec AG, Kevothermal, Porextherm Dammstoffe GmbH, Kingspan, Knauf Insulation, Thermal Visions Inc., Rockwool International, NanoPore, Qingdao Jinko VIP, and Thermal Conservation. Asia-Pacific was the largest region in the vacuum insulation panel market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in global vacuum insulation panels market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the vacuum insulation panel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The vacuum insulation panel market consists of sales of fumed silica, aerogel and silica panels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The vacuum insulation panels market research report is one of a series of new reports from The Business Research Company that provides vacuum insulation panels market statistics, including vacuum insulation panels industry global market size, regional shares, competitors with a vacuum insulation panels market share, detailed vacuum insulation panels market segments, market trends and opportunities, and any further data you may need to thrive in the vacuum insulation panels industry. This vacuum insulation panels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Technical insulation includes products that are specially used for various industrial purposes, such as to inhibit heat, fire, and electricity, as well as sound transmission in or out of the materials. Technical insulation provides a cost-effective way to protect industrial equipment and systems. The main product types in the technical insulation market are flexible foam, rigid foam, and man-made mineral fiber. Flexible foams are mostly used in gasket materials, padding or cushion materials, and others. Rigid foam sheathing insulation is one of the innovative construction materials that is mostly used to control the temperature in specific areas. Man-made mineral fibres are mostly used in high-tech products such as high-efficiency air filters, mostly in aerospace insulation. By application, the market is segmented into heating and plumbing, HVAC, refrigeration, and industrial processes. By end user, the market is segmented into industrial and OEM, energy, transportation, and commercial buildings. The global technical insulation market is segmented - 1) By Product: Flexible Foam, Rigid Foam, Man-made Mineral Fiber 2) By Application: Heating & Plumbing, HVAC, Refrigeration, Industrial Processes 3) By End User: Industrial & OEM, Energy, Transportation, Commercial Buildings The global technical insulation market size grew from $6.64 billion in 2022 to $7.95 billion in 2023 at a compound annual growth rate (CAGR) of 19.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The technical insulation market size is expected to grow to $9.58 billion in 2027 at a CAGR of 4.8%. Rapid industrialization is significantly contributing to the growth of the technical insulation market. Technical insulation is used in various industries to inhibit the loss of heat and electricity. Major end-user industries for technical insulation include heating and plumbing systems; HVAC systems; refrigeration; industrial pipes; and electric utilities. Growth in these end-user industries is driving the global technical insulation market. Major players in the technical insulation market are Zotefoams PLC., Unifrax I LLC, Saint-Gobain, Rockwool International A/S, Recticel NV, Palziv Inc., Owens Corning, NMC SA, Morgan Advanced Materials PLC, L'isolante K-Flex S.P.A., Knauf Insulation, Kingspan Group PLC, Johns Manville, Aspen Aerogels Inc., and Armacell International S.A. New product launches by companies are a key trend gaining popularity in the technical insulation market. Companies are launching new, innovative technical insulation products to improve their product portfolio and cater to fast-growing markets. For instance, in November 2021, 3M, a US-based industrial manufacturing company, launched 3M™ Thinsulate™ Xerogel Insulation, a Xerogel Technology Insulation for textiles. Xerogel is an extremely porous material that is more than 99% air and can actually prevent airflow, making it a superior thermal insulator. In 2021, Kingspan, an Ireland-based manufacturer of high-performance insulation materials, acquired Logstor for €253 million. This acquisition helps Kingspan to develop its technical insulation business. Logstor is a European technical insulation solution provider for energy and other associated applications. Asia-Pacific was the largest region in the technical insulation market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global technical insulation market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the technical insulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The technical insulation market consists of sales of technical insulation equipment and their maintenance services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The technical insulation research report is one of a series of new reports from The Business Research Company that provides technical insulation statistics, including technical insulation industry global market size, regional shares, competitors with technical insulation shares, detailed technical insulation segments, market trends and opportunities, and any further data you may need to thrive in the technical insulation industry. This technical insulation research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Building finishing is specialized construction work related to the plastering, pointing, painting, varnishing, white and colour washing, or distempering in a building. The main types of building finishing contractors are drywall and insulation contractors; painting and wall-covering contractors; flooring contractors; tile and terrazzo contractors; finish carpentry contractors; and other building finishing contractors. Drywall and insulation contractors specialise in drywall, plaster, and building insulation. The building finishing services are provided by large chain companies and independent contractors and are available in various modes, such as online and offline. The building finishing contractors are involved in various applications, such as residential construction, non-residential building construction, utility system construction, and others. The global building finishing contractors market is segmented - 1) By Type: Drywall And Insulation Contractors, Painting And Wall Covering Contractors, Flooring Contractors, Tile And Terrazzo Contractors, Finish Carpentry Contractors, Other Building Finishing Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Other Applications 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline The global building finishing contractors market grew from $1,297.59 billion in 2022 to $1,380.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building finishing contractors market is expected to grow to $1730.32 billion in 2027 at a CAGR of 5.8%. The population profile of most countries is becoming older, which is increasing the demand for elderly-friendly infrastructure. For instance, according to World Health Organization (WHO), an specialized government agency, between 2020 to 2050, the number of people with 80 years of age or older is expected to triple and reach to 426 million and by 2050, the number of people aged 60 and over will double to reach 2.1 billion. Houses and the wider surroundings had to be adapted to be made safer and more inclusive. Local shops and town centres had to be made more accessible and had to be made accessible to the elderly. Public transport facilities also had to be revised based on the increased demand from the elderly. This will result in increased demand for building finishing contractors activity during the forecast period. Major companies in the building finishing contractors market include Fletcher Building Ltd., NCI Building Systems Inc., Interserve Plc. Health and safety issues have always been a major concern in the building finishing contractors industry. Construction activities always face worker safety issues with them working at height, working in confined spaces, working underground and close proximity to falling materials; handling loads manually; handling hazardous substances; using plant and equipment; fire and exposure to live cables. For instance, according to 25 Construction Safety Statistics for 2021, the American construction industry comprises 6% of the US workers but witnesses around 20% of the fatalities, the highest number of fatalities compared to any other industry. Inadequate safety and health measures have a negative impact on both the construction and built environments, resulting in fatalities, injuries, and diseases. Predictive analytics is playing a prominent role in the building finishing contractors market to simplify risk management, manage financials and resources, and allocate budgets. Predictive analytics refers to a technique used to process large data sets and infer actionable information and behavioural patterns. The software analyses data collected from subcontractors, materials suppliers, and design plans to examine and control risk factors. Predictive analytics helps the project manager to predict and avoid delays in manpower availability and equipment shortages; collects weather data; and predicts the conditions for the company to take preventive actions against weather changes to avoid loss of material and labour costs. Some of the software tools used by building finishing contractors include GanttPRO, Acculynx, Jonas Premier, CoConstruct, Buildertrend, Knowify, Procore, PlanGrid, ProCOntractor, and BIM 360. Asia-Pacific was the largest region in the building finishing contractors market in 2022. Western Europe was the second-largest region in the building finishing contractors market. The regions covered in the building finishing contractors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the building finishing contractors market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building finishing contractors market includes revenues earned by entities by drywall and insulation contractors, painting and wall covering contractors, flooring contractors, tile and terrazzo contractors, finish carpentry contractors, and other building finishing contractors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The building finishing contractors market research report is one of a series of new reports from The Business Research Company that provides building finishing contractors market statistics, including building finishing contractors industry global market size, regional shares, competitors with a building finishing contractors market share, detailed building finishing contractors market segments, market trends and opportunities, and any further data you may need to thrive in the building finishing contractors industry. This building finishing contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Building materials and garden equipment and supplies dealers are sellers that are engaged in retailing specialized lines of new building materials, such as lumber, fencing, glass, doors, plumbing fixtures and supplies, electrical supplies, prefabricated buildings and kits, and kitchen and bath cabinets and countertops to be installed. The main types of building materials and garden equipment and supplies dealers are building materials and supplies dealers, lawn and garden equipment, and supplies stores. Lawn and garden equipment and supplies stores sell products that include lawn and garden equipment, furniture, and products related to the cultivation of flowers, vegetables, and so on. The main ownership types are retail chains and independent retailers, each having different types of stores that include exclusive retailers/showrooms and inclusive retailers/dealer stores. The global building material and garden equipment and supplies dealers market is segmented - 1) By Type: Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store The global building material and garden equipment and supplies dealers market size will grow from $1,427.99 billion in 2022 to $1,546.1 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of building material and garden equipment and supplies dealers market is expected to grow to $2,036.98 billion in 2027 at a CAGR of 7.1%. The building materials and garden equipment and supplies dealers market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the building material and garden equipment and supplies dealers market include the home depot, Lowe's Companies Inc., Wesfarmers Ltd., Falabella S.A., Rewe Group, Steinhoff International Holdings N.V., Ace Hardware Corporation, and Beijing Easyhome Investment Holding Group Co.Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the building materials and garden equipment and supplies market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the building materials and garden equipment and supplies dealers market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. With rising awareness regarding environmental pollution, the demand for green building materials is increasing. Green building materials are sustainable, have a low carbon footprint, and help reduce exposure to toxic chemicals in residences and workplaces. These materials are moisture-resistant, energy-efficient, easy to maintain and create less production waste. As people become aware of polluting and hazardous construction materials, the industry accommodates organic architecture and biodegradable materials in the design of homes and commercial spaces. Consumers now demand safer products. For instance, American consumers are increasingly opting for sustainable building materials that are locally made, refurbished or remanufactured, and resilient to natural disasters. North America was the largest region in the building material and garden equipment and supplies dealers market in 2022. Asia-Pacific was the second-largest region in the building material and garden equipment and supplies dealers market. The regions covered in the building material and garden equipment and supplies dealers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building material and garden equipment and supplies dealers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building materials and garden equipment and supplies dealers market include revenues earned by entities by providing services through producers and wholesale distributors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The building material and garden equipment and supplies dealers market research report is one of a series of new reports from The Business Research Company that provides building material and garden equipment and supplies dealers market statistics, including building material and garden equipment and supplies dealers industry global market size, regional shares, competitors with a building material and garden equipment and supplies dealers market share, detailed building material and garden equipment and supplies dealers market segments, market trends and opportunities, and any further data you may need to thrive in the building material and garden equipment and supplies dealers industry. This building materials and garden equipment and supplies dealers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Green building materials are those that are both locally sourced and renewable. Green building materials use less water and are easier to maintain than comparable products, and they improve a building's sustainability and efficiency because they emit less carbon pollution. The main types of green building materials are structural, exterior, interior, and others. The materials, equipment, and elements that make up the walls, roof, foundation, stairs, associated projections, and other external sections and features are referred to as the building exterior. Bamboo, recycled steel, and reclaimed wood are some of the green building materials used for exterior purposes. It is used in framing, insulation, roofing, exterior siding, interior finishing, and others and is implemented in various sectors such as residential buildings, and non-residential buildings. The global green building materials market is segmented - 1) By Type: Structural, Exterior, Interior, Other Types 2) By Application: Framing, Insulation, Roofing, Exterior Siding, Interior Finishing, Other Applications 3) By End Use: Residential Buildings, Non-Residential Buildings The global green building materials market size grew from $274.18 billion in 2022 to $302.43 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the green building materials market is expected to grow to $435.08 billion in 2027 at a CAGR of 9.5%. The increase in demand for green buildings is expected to drive the growth of the green building materials market in the coming years. Green building is the discipline of designing structures and employing procedures from site selection to design, construction, operation, service, remodelling, and deconstruction that are ecologically responsible and resource-efficient. As green building materials are utilized to produce green buildings, the demand for green building materials is also expanding. For instance, in April 2022, according to a report published by CBRE India, a commercial real estate services and investments company, green building has received a lot of attention over the past five years. During that time, the supply of green certified buildings increased by 37%, adding 78 million square feet of certified stock. Therefore, increasing demand for green buildings is driving the growth of the green building materials market Major players in the green building materials market are CertainTeed Corporation, Amvic Building Systems, Forbo International SA, Homasote Company, Interface Inc., Bauder Ltd., Binderholz GmbH, Kingspan Group plc, LG Hausys Ltd., Owens Corning, RedBuilt LLC, Andersen Corporation, Armstrong World Industries Inc., Cemex, Chengdu Onekin Green building materials Co. Ltd., Ecostar LLC, Firestone Building Products Company LLC, Fletcher Insulation Pty Limited, Johns Manville Corporation, Knauf Insulation Ltd., LIXIL Group Corporation, and Marvin Windows and Doors Inc. The introduction to environment-friendly products is gaining significant popularity in the green building materials market. Major participants in the green building materials industry are concentrating on launching new product lines that minimize the global warming potential (GWP) without compromising product quality. For instance, in August 2020, Owens Corning, a US-based building and industrial materials company introduced a new product line FOAMULAR NGX (Next Generation Extruded) in the USA and Canada. This innovative range of extruded polystyrene (XPS) foam products in the new product line uses a patented blowing agent that reduces the global warming potential (GWP) by 90% without and affecting product quality. FOAMULAR NGX's environmental benefits will be documented in a new Environmental Product Declaration (EPD), which will provide independent and verified proof of the material's environmental impact over its full life cycle. In December 2020, Armstrong World Industries, a US-based designer and manufacturer of walls and ceilings company acquired Arktura for an undisclosed amount. Through this acquisition, Armstrong World Industries further strengthens its robust portfolio of architectural speciality solutions, as well as its design capabilities across its entire enterprise. Arktura is a US-based manufacturer of architectural systems and custom solutions with a strong emphasis on green practices and sustainability. North America was the largest region in the green building materials market in 2022. Asia-Pacific was expected to be the fastest region in the forecast period. The regions covered in the green building materials market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the green building materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The green building materials market consists of sales of green building materials such as bamboo, wood, and earthen materials. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The green building materials market research report is one of a series of new reports from The Business Research Company that provides green building materials market statistics, including green building materials industry global market size, regional shares, competitors with a green building materials market share, detailed green building materials market segments, market trends and opportunities, and any further data you may need to thrive in the green building materials industry. This green building materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Construction is the process of building, altering, repairing, improving, or demolishing any structures or buildings using a detailed design and plan. The different types of construction are buildings construction, heavy and civil engineering construction, specialty trade contractors, land planning and development. Building construction includes the dismantling of existing structures, the construction of new structures, the addition of latest structures to existing structures, and the required modifications to existing structures to correspond to any recent additions. The different sectors include private and public. These type of services are provided by large contractors and small contractors. The global construction market is segmented - 1) By Type: Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development 2) By End User: Private, Public 3) By Type of Contractor: Large Contractors, Small Contractors Subsegments Covered: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Highway, Street, And Bridge Construction, Other Heavy And Civil Engineering Construction, Foundation, Structure, And Building Exterior Contractors, Building Equipment Contractors, Building Finishing Contractors, Other Specialty Trade Contractors, Residential Land Planning And Development, Commercial And Institutional Land Planning And Development, Industrial Land Planning And Development The global construction market grew from $14503.87 billion in 2022 to $15461.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction market is expected to grow to $19519.26 billion in 2027 at a CAGR of 6.0%. The increasing construction activities in emerging markets are expected to propel the growth of the construction market over the coming years. Emerging markets which registered robust construction activity included China, Brazil, India, Saudi Arabia and Indonesia. For instance, according to the National Bureau of Statistics, construction output contributed for 25.9% of China's GDP in 2020, up from 6.2% in 2019. This rapid growth in construction activity contributed to the growth of the construction market. Major companies in the market include China State Construction Engineering Corporation Ltd., China Railway Group Ltd., China Railway Construction Corporation Limited, China Communications Construction Co Ltd., China Evergrande Group. Construction costs have increased steadily due to rising material costs in the historic period. Companies in the industry experienced subdued growth in their profits with rising prices of materials such as crude oil, a key component of asphalt reached $41.96 per barrel in 2020, softwood lumber, a major component used for buildings construction, rose by 112% in February 2021 compared to 2020. Therefore, high material prices adversely affected the construction market during historic period. Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs. Green construction refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. According to World Green Building Trends Survey, about 60% of construction firms across the globe were involved in green construction projects . Certifications such as Leadership in Energy and Environmental Design (LEED) help construction companies to develop high-performance, sustainable residential and commercial buildings, and also offer a variety of benefits, from tax deductions to marketing opportunities. Sustainable construction materials such as natural paints and steel beams made from recycled material are being widely used in the UK. Other green construction techniques such as cross-ventilation for more natural environment, green construction software such as Construction Suite to ensure green compliance, and Green Globes management tool are also being used in the construction industry. For instance, some, Major companies using green construction techniques include Turner Construction Co, Clark Group, AECOM, Hensel Phelps and Holder Construction. Asia-Pacific was the largest region in the construction market in 2022. North America was the second-largest region in the construction market. The regions covered in the construction report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the construction market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The construction market includes revenues earned by entities by constructing buildings or engineering projects (such as highways and utility systems). Establishments that prepare sites for new construction and those that subdivide land for sale as building sites are included in this market. The construction market includes new work, additions, alterations, maintenance, and repairs. The market also includes modular building construction, prefabricated building construction, 3D building construction and green building construction The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The construction market research report is one of a series of new reports from The Business Research Company that provides construction market statistics, including construction industry global market size, regional shares, competitors with a construction market share, detailed construction market segments, market trends and opportunities, and any further data you may need to thrive in the construction industry. This construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.