The China green building market is expected to grow due to the government's increased incentives for sustainable construction, growing consciousness regarding environmental issues, increasing company investment in sustainable buildings, and stringent government regulations on climate change.
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China's green building market is projected to witness a CAGR of 9.94% during the forecast period 2025-2032, growing from USD 69.13 billion in 2024 to USD 147.86 billion in 2032. The China green building industry has developed strongly over the past decade, driven by China's ambition for green development and sustainability. As urbanization sped up and the environment remained a challenge, China emphasized energy conservation, resource conservation, and green building. Green buildings with less energy consumption, water use, and low carbon dioxide emissions have ever since been the icon of China's urbanization drive. Government initiatives like the "Three-Star" green building rating system and developer incentives have also contributed to the rise in the use of green building standards.
Technologies such as smart building systems, renewable energy integration, and green materials are also attractive to China's green building industry. Beijing, Shanghai, and Shenzhen, the capital and major metropolitan cities of China, have led the way with cutting-edge green buildings that achieve global sustainability goals.
For instance, in February of 2023, the United States Green Building Council (USGBC) announced that China was listed as the leading country across the globe on its list of Top 10 Countries and Regions for LEED in 2023 each year. This recognition was underscored by the certification of 1,563 LEED green building projects, representing more than 24 million gross square meters (GSM) of space in Mainland China. China's leadership is highlighted again as a leader in the global green-building movement with this recognition once again.
China's rapid urbanization and environmental awareness have brought the green building market to new heights. With China's government's resolve to be carbon neutral by 2060, there has been huge demand for sustainable and eco-friendly building practices. Companies like GoodWe are leading the charge by incorporating state-of-the-art green technologies into their operations and facilities. The launch of GoodWe’s eco-friendly global headquarters in Suzhou represents this trend, showcasing cutting-edge solutions such as Building-Integrated Photovoltaics (BIPV) and smart energy management systems. This project not only highlights the potential of green buildings to reduce carbon footprints but also sets a benchmark for sustainable corporate infrastructure.
Government incentives, ranging from subsidies on renewable energy schemes to new building codes play a driving factor in this market. Furthermore, accelerating demand from consumers and the commercial sector for energy-efficient buildings is also creating the demand for green buildings in China. Moreover, technological leaps, particularly in solar power and intelligent building management systems, are also driving market expansion. Companies that put their money into green building technology like GoodWe stand to gain much from this trend while protecting the environment as well.
For instance, in October 2024, GoodWe launched its new eco-friendly global headquarters in Suzhou, China. The 16,000-square-meter, 21-story building incorporates solar energy solutions, including BIPV, and utilizes GoodWe’s photovoltaic systems. It features smart energy management and other green technologies to ensure energy efficiency. The headquarters also prioritizes employee well-being with comfortable workspaces, collaborative areas, and amenities. This project underscores GoodWe’s commitment to sustainability and serves as a model for green building design in China.
China's green building market is on the edge of revolutionary growth, driven by the National Development and Reform Commission's (NDRC) ambitious 2027 target for low-carbon and green building. The shift will send energy efficiency soaring and reduce the carbon footprint of the building sector by extraordinary amounts, creating a huge demand for green building materials and techniques. As a driving policy, this will increase the adoption of green technology, such as energy-efficient models, renewable power integration, and improved insulation systems, and spur innovation in low-carbon construction techniques.
The construction industry, the largest user of steel, will be leading the way in decarbonizing the country's steel industry. By advancing the target date to 2027, steelmakers are urged to adopt cleaner production technology, such as EAFs and hydrogen steelmaking, to become part of the green building rush. Not only does this reduce the carbon content of steel but will also make China a world leader in green building materials.
China's 2027 green construction goal is a powerful driver of the green building industry since it calls for collaboration between the construction and steel industries to achieve decarbonization objectives. The initiative is an indicator of China's commitment to sustainable development and is a global green building practice model.
The residential sector accounts for the largest market share of China's green buildings market, fueled by accelerating urbanization, strict environmental regulations, and increased focus on sustainable development. As China seeks to meet its goal of carbon neutrality by 2060, the building construction industry is increasingly embracing green building methods to conserve energy and minimize environmental footprint. Residential projects, specifically, are leading this revolution, and developers are incorporating energy-efficient technologies, green energy sources, and environmentally friendly materials in their projects. Government policies in the form of subsidies, tax credits, and mandatory building codes have also prompted developers to adopt green building methodologies in residential projects. Apart from this, higher public awareness of sustainable living's pros, such as reduced utility payments and cleaner air indoors, boosted demand for eco-friendly homes.
For instance, in October 2024, the Chinese government issued new measures for the struggling real estate market to boost economic development. These actions include taking credit for "whitelisting" projects to USD 562 billion at the end of the year and upgrading one million dwellings. The "whitelist" mechanism, launched earlier this year, incentivizes city officials to identify and finance worthy housing projects. The program will provide the funding necessary for all worthy real estate developments, such as green residential construction, to further construct the Chinese market for green buildings.
Future Market Scenario (2025-2032F)
Report Scope
“China Green Building Market Assessment, Opportunities and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of China green building market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecasts between 2025 and 2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
Report Attribute |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2018-2023 |
Forecast Period |
2025-2032 |
Projected Growth Rate |
CAGR of 9.94% between 2025 and 2032 |
Revenue Forecast in 2032 |
USD 147.86 billion |
Segments Covered |
Product Type, Building Type, Application |
Regions Covered |
South, East, North, Northeast, Central, Southwest, Northwest |
Key Companies Profile |
China National Building Material Group Co., Ltd. (CNBM), China Conch Venture Holdings Co., Ltd., Beijing New Building Materials Public Limited Company (BNBM), Shanghai Building Materials (Group) Co., Ltd., Soben International (Asia Pacific) Ltd., BASF (China) Co. Ltd. , Siemens Ltd, China, ROCKWOOL Firesafe Insulation (Guangdong) Co., Ltd, China, Schneider Electric (China) Company Limited, Owens Corning (Nanjing) Building Materials Co., Ltd. |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfill your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In the report, China green building market has been segmented into the following categories:
Key Players Landscape and Outlook
The Chinese green building market is growing rapidly, driven by government policies aimed at stimulating sustainability and carbon reduction. Key participants like China National Building Material Group Co., Ltd. (CNBM), China Conch Venture Holdings Co., Ltd., and Guangdong Matsumoto Green New Materials Co., Ltd. are leading the use of green building codes and technologies. These participants are integrating energy-efficient architecture, renewable energy systems, and green materials in their buildings. In addition, businesses like Broad Group are leading the way in prefabricated building methods to reduce waste and emissions. The market is positive, with increased investment in green infrastructure and intelligent buildings.
For instance, in January 2025, China Conch Venture Holdings introduced new framework agreements that focus on sustainable development and innovation. The agreements aim to enhance green energy projects, waste management, and technology. The strategic move aligns with China's carbon-neutrality target, and the action proves the company's commitment to being an environmental steward. With collaboration and investment in innovative solutions, Conch Venture is well positioned to drive long-term development while driving the greener world. The program solidifies its position as a green industrial pioneer.
Key Players Operating in China Green Building Market are:
Markets and Data’s reports answer the following questions:
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