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Report Overview

The global alternative building materials market attained a value of nearly USD 221.44 Billion in 2024. The market is projected to grow at a CAGR of 5.90% between 2025 and 2034 to reach a value of around USD 392.84 Billion by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

Compound Annual Growth Rate

5.9%

Value in USD Billion

2025-2034


Alternative Building Materials Market Outlook

*this image is indicative*

Key Trends in the Market

Alternative building materials refer to different types of construction materials which are used as substitutes for conventional building materials. Alternative building materials are eco-friendly and are generally made from waste products.

  • The thriving building and construction sector across emerging economies, owing to the rising standards of living and growing government expenditure towards infrastructure development, is driving the alternative building materials market growth.
  • Rapid transition from conventional construction materials towards low-cost and eco-friendly construction alternatives is a key market trend. Rising awareness pertaining to issues such as climate change is further propelling the market growth.
  • Rising investments towards the development of green buildings across developing countries, especially in the Asia Pacific, are generating a significant demand for alternative building materials.
  • High tensile strength, low production cost, and aesthetically pleasing properties offered by some alternative building materials, such as wood and bamboo, are further favouring the alternative building materials market growth.

Market Segmentation

Global Alternative Building Materials Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Breakup by Material

  • Bamboo
  • Recycled Plastic
  • Wood
  • Others

Breakup by Application

  • Construction
  • Furniture
  • Flooring

Breakup by End User

  • Residential
  • Non-Residential

Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Share by Material

Wood accounts for a significant share of the alternative building materials market. Wood is a renewable source of energy with a low carbon impact on the environment. In addition, the energy required to produce wood is lower as compared to its counterparts.

Increasing applications of wood to construct walls, ceilings and floors, doors, furniture, and window frames, among others, are fuelling the growth of this segment. Moreover, wood can be used in several non-residential projects, such as shipbuilding, and library and theatre development, among others.

In the forecast period, wood is expected to witness an escalated demand to develop aesthetically pleasing commercial structures and furniture, thereby adding to the growth of this segment.

Market Share by End User

The non-residential sector holds a significant share in the market. Heightening demand for alternative building materials, such as bamboo and recycled plastics, to develop bridges, driveways, and sidewalks, among other commercial construction activities, is driving the segment’s growth.

Meanwhile, the demand for alternative building materials in residential applications is expected to surge amid the rising housing demand, rapid urbanisation, and the introduction of favourable government initiatives aimed at developing affordable housing.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global alternative building materials market report, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

Bauder Ltd

Bauder Ltd is a prominent multinational manufacturer of building construction materials, offering products such as eco-friendly building materials. It was founded in 1857 and is headquartered in Suffolk, the United Kingdom.

BYFUSION GLOBAL INC

BYFUSION GLOBAL INC is a company which turns waste into useful materials for infrastructure development. Founded in 2017 and headquartered in California, the United States, the company has been dedicated to offering solutions to combat the plastic crisis.

JD Composites

JD Composites is a prominent construction company which specialises in developing building and housing materials using recycled plastic bottles. The company is currently headquartered in Nova Scotia, Canada.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Kirei USA, LLC, Neular OÜ, Plasticiet, and Takataka Plastics, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of nearly USD 221.44 Billion in 2024.

The market is estimated to grow at a CAGR of 5.90% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of around USD 392.84 Billion by 2034.

The thriving building and construction sector, rising standards of living, growing government expenditure towards infrastructure development, and rapid transition from conventional construction materials towards low-cost and eco-friendly construction alternatives are the major drivers of the market.

The key trends in the market include the rising investments towards the development of green buildings across developing countries of the Asia Pacific and favourable policies of multiple governments aimed towards encouraging sustainable construction solutions.

Bamboo, recycled plastic, and wood, among others, are the different materials considered in the market report.

Construction, furniture, and flooring are the major applications of alternative building materials.

Bauder Ltd, BYFUSION GLOBAL INC, JD Composites, Kirei USA, LLC, Neular OÜ, Plasticiet, and Takataka Plastics, among others, are the key alternative building materials market players.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • Application
  • End User
  • Region
Breakup by Material
  • Bamboo
  • Recycled Plastic
  • Wood
  • Others
Breakup by Application
  • Construction
  • Furniture
  • Flooring
Breakup by End User
  • Residential
  • Non-Residential
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Bauder Ltd
  • BYFUSION GLOBAL INC
  • JD Composites
  • Kirei USA, LLC
  • Neular OÜ
  • Plasticiet
  • Takataka Plastics
  • Others

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