Global Construction Sustainable Materials Market: Overview

One of the major activities that cause maximum pollution across the globe is construction activities. That’s why several sustainable materials have been developed to replace the existing conventional materials. These new materials help in saving water, energy, and other different non-renewable resources. Shift to use of construction sustainable materials is profitable for builders so as to be compliant with future environmental regulations.

Global Construction Sustainable Materials Market: Notable Developments

Some of the notable developments in the global construction sustainable materials market are listed below:

• In August 2019, DuPont, a global leader in the construction sustainable materials market, announced a new partnership with Habitat for Humanity International. This partnership will allow DuPont to help Habitat for Humanity in building sustainable home projects that are highly energy efficient. This partnership will also allow employees of the company with ample opportunities for volunteering.
• In July 2019, BASF announced that it is planning to invest in a production plant for production of tert-Butylamine (tBA). This will be the second production plant in China and will be based in Nanjing. With this production plant, the annual tBA production capacity of BASF will grow by over 30%. The plant is expected to be active by 2020 and will get help from the cutting edge technology provide by BASF to produce the desired products.
• Bauder, a leader in the global construction sustainable materials recently announced that it has been awarded by Woodland Trust Certificate from the Woodlands Trust, the UK’s biggest woodland conservation charitable organization.

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Global Construction Sustainable Materials Market: Drivers and Restraints

There has been a growing trend across the globe of constructing green buildings with LEED (Leadership in Energy and Environmental Design) certification. To get this certification, builders are complying with stricter norms and using sustainable materials. Additionally, such green buildings are gaining massive popularity among consumers. This has been seen to drive the global construction sustainable materials market.

Another key driving factor for the growth of the construction sustainable materials market is ill effects of traditional building materials on the environment as well as on people. This has encouraged the uptake of more environment-friendly materials and thus helped in the development of the market.

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