The global market for low-carbon construction materials reached about US$259.42 billion in 2024 and is projected to grow to US$394.38 billion by 2029, with a compound annual growth rate (CAGR) of roughly 8.8%. This growth is driven by rising demand for sustainable building products, stricter environmental regulations and greater emphasis on lowering the carbon footprint of new construction. Key material types in this space include green concrete, mass timber, low-carbon bricks, recycled metals, green tiles and plastics (recycled or bio-based). The market is segmented by application (residential, commercial, industrial) and by end-user (new construction vs. repair and maintenance) across world regions. Asia-Pacific is the largest and fastest-growing region.
However, there are headwinds. Trade tensions and tariffs, especially between the U.S. and countries supplying low-carbon cement alternatives and recycled steel, are adding cost pressures and could delay or reduce material availability. Despite this, the report finds opportunities in technological innovation (improved material compositions, better recycling, new bio-based alternatives), supply chain diversification, local sourcing and alignment with green building standards. Major global players include companies like ArcelorMittal, POSCO, Holcim and CEMEX, among others.
