Blueweave
South East Asia And Australia Green Building Materials Market

South East Asia and Australia Green Building Materials Market, By Product Type (Exterior Products, Interior Products, Building Systems, Solar Products, Others), By Country (Singapore, Malaysia, Philippines, Indonesia, Thailand, Vietnam, Australia) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: September 2021
  • Report ID: BWC2179
  • Available Format: PDF
  • Page: 112

Report Overview

Several factors such as increasing emphasis on sustainable development and expanding public and private investment in green building materials are boosting the South East Asia and Australia green building materials market

South East Asia and Australia Green Building Materials Market- Industry Trends & Forecast Report 2027

South East Asia and Australia green building materials market was worth USD 15.4 billion in 2020 and is further projected to reach USD 28.8 billion by the year 2027, growing at a CAGR of 9.4% in the forecast period. The market is gaining traction as a result of factors such as increased long-term investment in energy optimization, as well as growing concern for the environment and sustainability. In addition, the increasing development of eco-friendly materials by manufacturers are also driving the growth of green building materials in South East Asia and Australia.

South East Asia and Australia Green Building Materials Market

Source: BlueWeave Consulting

South East Asia and Australia Green Building Materials Market- Overview

Green building materials are building construction materials made up of eco-friendly products that have a low impact on the environment. These materials are produced by renewable resources which can sustain heat, cold, and other climatic conditions. Some of the most commonly used raw materials used in green building materials are bamboo, straw, dimension stone, recycled metal, etc. Green building materials are good for the environment. Still, they also benefit the people who live in them, minimizing human health concerns. A green building promotes health and comfort by improving the quality of the indoor air. Moreover, they also reduce utility costs.

South East Asia and Australia Green Building Materials Market Forecast and Trends

Growth Drivers

Steadily increasing Green Building Construction

Both private and public institutions have increased investment in green buildings because of their growing importance in various spheres. Green buildings are environmentally friendly as they reduce carbon footprint and limit energy, water, and other materials. The use of natural ventilation through wind circulation and building orientation maintains a comfortable temperature during the hot summer months, besides reducing the use of air conditioning. As a result, the health and wellness of the residents and employees is positively impacted. Therefore, the demand for green buildings for residential and commercial use is expanding, propelling its market growth.

Expanding Government Investment and Initiatives Towards Sustainable Development

With expanding green building construction in South East Asian countries, the focus on sustainability and renewable materials is also increasing. Therefore, the governments of these countries are increasingly investing and taking various initiatives to promote the use of renewable building materials. For instance, the BCA Green Mark Scheme launched in 2005 significantly fueled Singapore's first green building initiative by encouraging construction companies to adoptgreen buildings by construction companies. Such initiatives are boosting the growth of the South East Asia and Australia green building construction materials market.

Restraints

High Cost and Limited Awareness Towards Renewable Building Materials

Southeast Asia and Australia green building materials market is restrictive because of the lack of awareness regarding green building materials and high capital investment involved. Green building materials are more expensive than traditional building materials; therefore, most contractors avoid using them. Moreover, the use of green building materials in construction eventually increases the price of the residential or commercial building, which may impact its profit margin in the future.

Impact of COVID-19 on South East Asia and Australia Green Building Materials Market

With the sudden outbreak of the COVID-19-induced pandemic, several countries worldwide had to impose a lockdown to curb the spread of the virus. Because China was the source of the virus's spread, Asian countries were more vulnerable to the COVID-19 effect. Therefore, the governments of various South East Asian countries had to take drastic measures and impose a lockdown which significantly halted the construction of green buildings. As a result, the demand for green building materials declined significantly. However, this slump is expected to last only temporarily. The market is likely to flourish in the post-COVID-19 period.

Southeast Asia and Australia Green Building Materials Market - By Product Type

Based on product type, the South East Asia and Australia Green Building Materials market is categorized into exterior products, interior products, building systems, solar products, and others. Among these, the exterior product segment accounted for the largest market share. The availability of a diverse range of eco-friendly and renewable products for exterior building construction, such as composite lumber, fiber cement, lime, concrete slabs, slates, and so on, contributes to the growth of this market segment. These products offer lightweight and textured materials, because of which its demand is increasing at a high rate.

Southeast Asia and Australia Green Building Materials Market –Country Insights

Geographically, South East Asia and Australia green building materials market is segmented into Singapore, Malaysia, Philippines, Indonesia, Thailand, Vietnam, Australia. Singapore country dominates the market because of its strong financial foothold and economic background of this country. The high per capita income of the people as well as government initiatives and investment towards the adoption of sustainable options and resources are also significantly influencing the growth of the green building materials market in this region.

Competitive Landscape

The leading market players in the South East Asia and Australia green building materials market are GreenPan, PT Bakrie & Brothers Tbk, Siam Cement Group, CSR Limited, Kee Kiong (A2Z) SDN BHD, James Hardie Australia Pty Ltd., AathaworldSdnBhd, Brickworks Building Products Ltd., PT Modern Panels Indonesia, Interface Inc., Holcim Vietnam, and other prominent players.

The industry participants engaged in offering a wide range of products to cater to the climatic needs of various regions. They invest significantly in R&D activities as well as product launches along with focusing on strengthening their distribution channel to improve their product penetration in the market. Furthermore, the adoption of competitive strategies like partnerships, mergers, acquisitions, collaborations is also very prominent in this market.

Recent Developments

In August 2021, property giants City Development Ltd. (CDL) and MCL Land announced to have secured USD 847 million green load package to support a joint venture for the development of two sustainable housing developments in Singapore.

 

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

Singapore, Malaysia, Philippines, Indonesia, Thailand, Vietnam, Australia

Product Service/Segmentation

By Product, By Country

Key Players

GreenPan, PT Bakrie & Brothers Tbk, Siam Cement Group, CSR Limited, Kee Kiong (A2Z) SDN BHD, James Hardie Australia Pty Ltd., AathaworldSdnBhd, Brickworks Building Products Ltd., PT Modern Panels Indonesia, Interface Inc., Holcim Vietnam, and other prominent players.

 

By Product Type

  • Exterior Products
  • Interior Products
  • Building Systems
  • Solar Products
  • Others

By Country

  • Singapore
  • Malaysia
  • Philippines
  • Indonesia
  • Thailand
  • Vietnam
  • Australia
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Key Market Segments
  2. Research Methodology
    1. Qualitative Research
    2. Methodology
    3. Regional Split of Primary & Secondary Research
    4. Secondary Research
    5. Primary Research
      1. Breakdown of Primary Research Respondents, By Country
      2. Breakdown of Primary Research Respondents, By Industry Participants
    6. Market Size Estimation
    7. Assumptions for the Study
    8. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. Industry Insight and Growth Strategy
    1. Value Chain Analysis
    2. DROC Analysis
      1. Market Drivers
        1. Increasing Construction of Green Buildings
        2. Expanding Government Investment and Initiatives Towards Sustainable Development
      2. Market Restraints
        1. High Cost and Limited Awareness Towards Renewable Building Materials
      3. Market Challenges
        1. Negative Influence of the COVID-19 Pandemic
      4. Market Opportunity
        1. Increasing Focus Towards Sustainable Development
        2. Growing Demand for Commercial Green Buildings
    3. Recent Developments
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
  5. South East Asia and Australia Green Building Materials Market Overview
    1. Market Size & Forecast, 2017-2027
    2. Market Size and Forecast, By Segment
      1. By Product Type
        1. Exterior Products
        2. Interior Products
        3. Building Systems
        4. Solar Products
        5. Others
      2. By Country
        1. Singapore
        2. Malaysia
        3. Philippines
        4. Indonesia
        5. Thailand
        6. Vietnam
        7. Australia
  6. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking By Operating Parameters
  7. Impact of COVID-19 on South East Asia and Australia Green Building Materials Market
  8. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. GreenPan
    2. PT Bakrie & Brothers Tbk
    3. Siam Cement Group
    4. CSR Limited
    5. Kee Kiong (A2Z) SDN BHD
    6. James Hardie Australia Pty Ltd.
    7. Aathaworld Sdn Bhd
    8. Brickworks Building Products Ltd.
    9. PT Modern Panels Indonesia
    10. Interface Inc.
    11. Holcim Vietnam
    12. Other Prominent Players
  9. Key Strategic Recommendations

 

List of Figures

 

 

Figure 1: South East Asia and Australia Green Building Materials Market Segmentation

 

Figure 2: South East Asia and Australia Green Building Materials Market Value Chain Analysis,

 

Figure 3: Company Market Share Analysis, 2020

 

Figure 4: South East Asia and Australia Green Building Materials Market Size, By Value (USD Billion), 2020-2027

 

Figure 5: South East Asia and Australia Green Building Materials Market Share (%), By Product Type, By Value, 2020-2027

 

Figure 6: South East Asia and Australia Green Building Materials Market Share (%), By Country, By Value, 2020-2027

 

 

List of Tables

 

 

Table 1: South East Asia and Australia Green Building Materials Market Size, By Product Type, By Value, 2020-2027

 

Table 2: South East Asia and Australia Green Building Materials Market Size, By Country, By Value(USD Billion), 2020-2027

 

Table 3: GreenPan Financial Analysis

Table 4: GreenPan Business Overview

Table 5: PT Bakrie & Brothers Tbk Financial Analysis

Table 6: PT Bakrie & Brothers TbkBusiness Overview

Table 7: Siam Cement Group Corporation Financial Analysis

Table 8: Siam Cement Group Corporation Business Overview

Table 9: CSR Limited Financial Analysis

Table 10: CSR Limited Business Overview

Table 11: Kee Kiong (A2Z) SDN BHDFinancial Analysis

Table 12: Kee Kiong (A2Z) SDN BHDBusiness Overview

Table 13: James Hardie Australia Pty Ltd. Financial Analysis

Table 14: James Hardie Australia Pty Ltd. Business Overview

Table 15: Aathaworld Sdn Bhd Financial Analysis

Table 16: Aathaworld Sdn Bhd Business Overview

Table 17: Brickworks Building Products Ltd. Financial Analysis

Table 18:Brickworks Building Products Ltd. Business Overview

Table 19: PT Modern Panels IndonesiaFinancial Analysis

Table 20: PT Modern Panels IndonesiaBusiness Overview

Table 21: Interface Inc.Financial Analysis

Table 22: Interface Inc. Business Overview

Table 23: Bosch Rexroth AGFinancial Analysis

Table 24: Bosch Rexroth AG Financial Analysis

Market Segmentation

By Product Type

  • Exterior Products
  • Interior Products
  • Building Systems
  • Solar Products
  • Others

By Country

  • Singapore
  • Malaysia
  • Philippines
  • Indonesia
  • Thailand
  • Vietnam
  • Australia
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