Canada Green Building Materials Market Trends, Growth & Future Outlook 2033
The Canada green building materials market size reached USD 7.53 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 14.94 Billion by 2033, exhibiting a growth rate (CAGR) of 7.90% during 2025-2033.

IMARC Group has recently released a new research study titled “Canada Green Building Materials Market Size, Share, Trends and Forecast by Application and Region, 2025-2033,” which offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Canada Green Building Materials Market Overview

The Canada green building materials market size reached USD 7.53 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 14.94 Billion by 2033, exhibiting a growth rate (CAGR) of 7.90% during 2025-2033.

Market Size and Growth

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

​Market Size in 2024: USD 7.53 Billion

​Market Forecast in 2033: USD 14.94 Billion

Market Growth Rate 2025-2033: 7.90%

Request for a sample copy of the report: https://www.imarcgroup.com/canada-green-building-materials-market/requestsample

Key Market Highlights:

✔️ Strong market growth driven by rising focus on energy efficiency and sustainable construction practices

✔️ Increasing demand for eco-friendly materials like recycled steel, low-VOC paints, and insulated panels

✔️ Expanding government initiatives and green certification programs promoting environmentally responsible building solutions

Canada Green Building Materials Market Trends

The Canada Green Building Materials Market is experiencing rapid growth, supported by stricter environmental policies, evolving construction standards, and growing awareness of sustainable practices. Federal measures such as the Net-Zero Emissions Accountability Act and updates to the National Building Code of Canada are reinforcing the use of eco-friendly materials across new construction and retrofits.

With carbon pricing projected to reach C$170 per ton by 2030, builders are under increased pressure to reduce emissions. Provincial regulations, such as British Columbia’s Zero Carbon Step Code, have driven a sharp increase in the adoption of low-carbon products. Since 2024, the use of materials such as mass timber, low-carbon concrete, and advanced insulation has grown by more than 78%.

Leading Producers and Capacity Expansion

Industry leaders are scaling operations to meet rising demand. Companies including Nexii Building Solutions, Structurlam, and EllisDon Circular have invested heavily in production facilities to expand supply. Nexii alone increased output capacity by over 200% within two years.

In Ontario and Quebec, the introduction of new Tiered Energy Standards has boosted demand for retrofits, with commercial upgrades growing at a rate of 14% annually. However, supply chain challenges persist. High-demand products such as hempcrete and mycelium-based composites continue to carry a price premium of more than 20% due to limited local manufacturing.

Circular Construction and Digital Tracking

Circular building practices are reshaping the Canada Green Building Materials Market Outlook. More than 65% of construction waste is now being recycled, with materials such as steel and gypsum re-entering the supply chain.

Digital platforms are also enhancing transparency. Companies like Circular Materials Canada are supporting blockchain-based Environmental Product Declarations (EPDs), which have grown by 300% in the past year. These tools are improving compliance with LEED and TRUE Zero Waste certifications and providing stronger data for sustainable procurement.

Growth of Prefabrication and Modular Systems

Prefabrication is becoming central to the Canada Green Building Materials Market Forecast, offering cost and time savings for large-scale projects. In 2024, sales of reclaimed timber exceeded C$800 million, while modular systems helped reduce on-site labor needs and construction delays.

Indigenous-led initiatives are also expanding their presence. First Nations-owned businesses supplied 19% of sustainable building materials in 2024, with major projects such as the Heiltsuk Big House and Cree-operated timber facilities leading the way. Federal procurement rules requiring materials to be sourced within 50 kilometers of projects have further encouraged regional supply, including flax-based composites from the Prairies and seaweed insulation from Atlantic Canada.

Key Trends in the Canada Green Building Materials Market

  • Decarbonization Initiatives: Use of carbon-cured concrete increased by 28% in 2024.

  • Digital Tracking: Blockchain-enabled EPDs expanded by 300%, strengthening transparency.

  • Climate-Resilient Solutions: Demand for flood-resistant bio-cement rose by 67%, reflecting the impact of recent wildfires and floods.

  • Local Procurement: Tariffs on imported low-carbon steel have shifted sourcing toward Canadian suppliers, reducing costs and lead times.

Despite strong growth, the sector faces labor shortages in the installation of high-performance materials. A C$1.2 billion national upskilling program launched in 2024 is helping to build capacity, but demand for skilled workers still outpaces supply. Meanwhile, consolidation is accelerating. Fourteen major mergers and acquisitions took place in the past year, strengthening the competitive position of leading firms such as EllisDon Circular.

Canada Green Building Materials Market Forecast

The Canada Green Building Materials Market Forecast indicates continued expansion, supported by public and private investment in sustainable infrastructure. Market growth will be driven by innovative materials, circular practices, and regional sourcing strategies.

The Canada Green Building Materials Market Outlook suggests that community-led projects, digital transparency, and low-carbon construction will define the sector in the years ahead. With strong policy support and increasing consumer demand, the market is positioned for long-term growth while helping Canada progress toward its climate goals.

Canada Green Building Materials Market Segmentation:

The market report segments the market based on product type, distribution channel, and region:

Breakup by Application:

  • Insulation

  • Roofing

  • Framing

  • Interior Finishing

  • Exterior Siding

  • Others

Breakup by Region:

  • Ontario

  • Quebec

  • Alberta

  • British Columbia

  • Others

Ask Analyst & Browse Full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=29927&flag=C

Competitive Landscape:

The market research report offers an in-depth analysis of the competitive landscape, covering market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant. Additionally, detailed profiles of all major companies are included.

Key Highlights of the Report

  1. Market Performance (2019-2024)

  2. Market Outlook (2025-2033)

  3. COVID-19 Impact on the Market

  4. Porter’s Five Forces Analysis

  5. Strategic Recommendations

  6. Historical, Current and Future Market Trends

  7. Market Drivers and Success Factors

  8. SWOT Analysis

  9. Structure of the Market

  10. Value Chain Analysis

  11. Comprehensive Mapping of the Competitive Landscape

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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