The ‘go green’ trend is becoming mainstream now with several companies from various industries hopping on to this bandwagon. Consequently, the availability of sustainable materials is on a rise, with new innovations in sourcing and creating materials that aren’t detrimental to the environment. Furthermore, growing investments by governments worldwide for the development of smart cities will also be a major contributor to accelerating the growth of the sustainable materials market. Based on product type, the global construction sustainable materials market can be classified into interior products, building systems, exterior products, and structural products. (Source: Global Sustainable Materials Procurement Market Intelligence Report) . Here is the list of some of the top sustainable materials suppliers in the world:
BASF is a 153-year-old German chemical company. In fact, the company is the largest chemical producer in the world. They are committed to combining economic success with environmental protection and social responsibility. 27.3% of BASF products analyzed (in terms of sales) today have already proven to make a particular contribution towards sustainability. The company comprises of subsidiaries and joint ventures in over 80 countries. Some of the key products that BASF deals with include chemicals, performance chemicals, plastics, catalysts, coatings, crude oil, crop technology, and natural gas exploration and production.
DowDuPont Inc. is an American company formed after two popular companies merged- Dow Chemical and DuPont in the year 2017. Both the companies – Dow and DuPont have a strong legacy of sustainability leadership and action. DowDuPont plans to carry forward this legacy to drive sustainable innovation that helps to bring progress and prosperity for future generations. Furthermore, the company plans to introduce companies in industries agriculture, materials science, and specialty products will develop sustainable materials and sustainability strategies.
PPG Industries Inc. is an US-based company that was founded in the year 1883. It is a Fortune 500 company dealing with the supply of paints, coatings, and specialty materials. The company has long been committed to developing sustainable materials and technologies, such as chromate-free, waterborne liquid, powder, high-solids coatings formulations, and low-VOC. PPG’s goal is to achieve 30% of yearly sales from sustainable products by 2020.
Owens Corning is a global producer and supplier of insulation, roofing, and fiberglass composites. The company was formed in the year 1935 as a partnership between two major companies- Corning Glass Works and Owens-Illinois. Sustainability and promoting sustainable materials is one of the core business strategies of this company. The company is also known for considering the economic, social, and environmental impacts of all their products with great precaution.
Alumasc is a is the supplier of building and engineering products and specializes in sustainable building products that are designed to conserve energy and water use in the built environment. The company is headquartered in the UK. Alumasc was founded in the year 1983 and currently employs over 511 employees.
Get more insights on the market outlook of the sustainable materials market along with procurement best practices, pricing strategies, supply market insights, and market innovations in SpendEdge’s report on the global sustainable materials market.