Sustainable Construction Materials Market Size, Share, By Construction Type (Structural, and Non-structural), By Material Type (Green Cement, Bamboo, Recycled Glass, Hempcrete, Recycled Tires, Reclaimed Wood, and Others), By Application (Exterior, Interior, Structural, and Others), By End-user (Residential, Commercial, and Industrial), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI562724 | Publish Date: September 2024 | No. of Pages: 172

Sustainable Construction Materials Market Overview

Sustainable construction materials market size was valued at USD 240 Billion in 2024 and is expected to reach USD 645.11 Billion by 2034, growing at a CAGR of 11.5%.

Sustainable construction material is one of the fastest-booming industries that deals with researching and operating 'green' or friendly-to-nature materials within the construction industry. The demand for building materials that can be less harmful to the planet is increasing due to rising concerns about climate change, resource depletion, and environmental degradation around the globe. This would involve everything from materials emanating from recycled materials and renewable resources to new technologies promoting energy efficiency and reducing waste. The main factors contributing to the growth of the sustainable construction materials market include increased awareness and demand for green buildings. Green buildings are designed and constructed with minimum environmental impact by considering energy efficiency, water conservation, and using sustainable materials. With an increased commitment towards sustainability from governments, corporations, and individuals, the demand for sustainable construction materials is expected to see a high surge in growth. A popular trend in the sustainable construction materials market is the rising popularity of recycled and reclaimed materials. Materials include recycled steel, aluminum, and wood, which are more environmentally benign than virgin materials. Secondly, using such materials can significantly reduce a project's environmental footprint. Often, such materials prove economically viable as they emerge cheaper than new materials.

Another area for growth is the use of renewable resources in construction. Renewable materials, including timber, bamboo, and cork, can be used for structural elements, insulation, and flooring. These materials have a lower carbon footprint than conventional materials and can contribute to a more sustainable built environment. Another major driving force of the sustainable construction materials market is innovative technologies. For example, the development of insulation materials contributes a great amount to energy efficiency in buildings. Advanced insulation technologies, aerogel, and vacuum-insulated panels boast higher thermal performance with fewer environmental impacts. In addition, self-healing concretes and developing materials with improved durability reduce maintenance and repair works, increasing the service life of buildings. Challenges remain to be overcome with sustainable construction materials market growth. Among the significant challenges that need resolution is the higher cost that sustainable materials suggest at the initial application stage compared to traditional ones. However, the long-term economic advantages of sustainable construction, such as reduced energy use and maintenance costs, might offset the initial investment in these materials. There is further an emerging need for awareness and education on the benefits accruing from the use of sustainable construction materials to architects, engineers, and building owners. The sustainable construction materials marketplace is an exciting and fast-changing segment. It is a great hope that answers the environmental concerns of the building industry. Recycled materials, renewable resources, and new technologies will provide future generations a sustainable and durable environment. With an increasing demand for sustainable construction, its development and adaptation need support from governments, companies, and people.

Sustainable Construction Materials Market Share

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Sustainable Construction Materials Market Dynamics

Key Drivers of Target Market:

Government Regulations and Incentives

  • Many governments worldwide have taken steps toward imposing strict environmental regulations and building codes, making using sustainable materials in construction mandatory. These regulations aim to reduce greenhouse gas emissions to support energy efficiency and sustainable development. Furthermore, various incentives, such as tax credits, grants, and subsidiaries toward green building projects, are giving impetus to the application of sustainable construction materials.

Urbanization and Infrastructure Development

  • Most of the world's developing economies are experiencing a very rapid urbanization process. This quick process of urbanization increases demand for new infrastructure along with housing. With rising cities, there is greater pressure toward sustainable building to improve the environment. This, in turn, increases demand for sustainable construction materials in residential and, commercial or industrial projects, mainly in the regions of Asia-Pacific, Latin America, and Africa.

Restrains:

High Initial Cost

  • One of the major obstacles in the sustainable construction materials market is indeed high initial costs. While such materials may offer potential long-term savings through energy efficiency and durability, their high up-front cost inhibits many developers and builders, especially in price-sensitive markets. This may be resisted and reduce the speed of adoption, particularly in regions with scarce financial resources.

Opportunities:

Retrofitting and Renovation Projects

  • There is an increasing chance of retrofitting and renovating existing buildings to make them more sustainable. As governments and building owners race to upgrade the energy efficiency and environmental performance of older buildings, demand will continually rise for insulation, green roofing, and energy-efficient windows. Retrofitted projects can offer great opportunities for sustainable construction materials in both residential and commercial sectors.

Sustainable Construction Materials Market Segmentation

The market is segmented based on Construction Type, Material Type, Application, End-User, and Region.

Construction Type Insights:

  • Structural: Portions of sustainable materials used in load-transferring parts of a building such as beams, columns, walls, and foundations. Materials used should be solid, long-lasting, and friendly to nature to ensure that less damage will occur to the structure and the environment. Examples include green concrete, which reduces carbon emissions, and reclaimed wood, which repurposes existing materials rather than using new resources. Structural materials are crucial in ensuring safety and longevity in a building while contributing to the fulfillment of sustainability aims by reducing the carbon footprint.
  • Non-structural: Non-structural materials are those that are not load-bearing but are considered important and, nevertheless, needed for other purposes in construction, such as insulation, finishes, and ornamental purposes. Such materials include recycled glass in windows, bamboo flooring, and eco-friendly insulation made from recycled products. Energy efficiency, elimination of waste, and enhancement of the overall sustainability of the building without aesthetic or functional compromise are emphasized here.

Material Type insights:

  • Green Cement: Green cement is a type of cement that reduces environmental damage from construction through its preparation and ingredients. It contains industrial by-products such as fly ash, slag, or silica fume in its composition, which considerably reduce the use of virgin materials and, additionally, carbon emissions. This product is essential to the decrease in the carbon footprint within the construction industry since traditional cement production is responsible for a very high level of global CO2 emissions.
  • Bamboo: this is a very popular, renewable resource for building. It has many advantages regarding its growth rate and sustainability for new and traditional construction methods. It is strong and lightweight and can easily adapt to flooring, furniture, and structural elements. Bamboo's fast growth cycle and very low environmental impact make it highly applicable for sustainable development.
  • Recycled Glass: Recycled glass is a popular material in many construction applications, such as countertops, tiles, insulation, etc. This material reduces waste and saves natural resources by reusing glass that otherwise would end up in landfills. Recycled glass is durable, pleasing to the eyes, and energy-efficient; therefore, it is one of the main priorities in different sustainable construction projects.
  • Hempcrete: Hempcrete is a bio-composite material manufactured from the inner woody core of the hemp plant mixed with a lime-based binder. It is lightweight and insulating, and it is used for walling, insulation, and flooring. Its great thermal performance and low carbon footprint further support environmental sustainability, with the possibility of long-term carbon sequestration.
  • Recycled Tires: Recycled tires are used in many sustainable building applications, from rubberized asphalt to playground surfaces and insulation. This material is made from reusing old, discarded tires and is a way to divert part of a large ecological problem of waste tires into a useful form. Materials from recycled tires generally represent durability and weathering resistance and give effective sound and thermal insulation.
  • Reclaimed Wood: Reclaimed wood is composed of timbers recovered from old buildings, barns, and other structures and put into new construction projects. Being an environmentally friendly construction material, reclaimed wood minimizes the demand for new timbers and saves many forests in the process. The option also gives new life to materials that would otherwise go into the dustbin. Reclaimed wood is in demand by most because it provides character and history to every project that it's used in.
  • Others: This category includes other emerging sustainable materials like recycled plastic, rammed earth, and mycelium-based materials. These materials are being studied to investigate their potential for reducing environmental impact, enhancing energy efficiency, and bringing novelty to sustainable construction.

Application insights:

  • Exterior: Some sustainable materials used on building exteriors include green roofing materials, energy-efficient windows, and environmentally friendly cladding. These materials aid the environment in enhancing a building's performance through better insulation, reducing energy consumption, and minimizing the heat island effect. Exterior applications also include permeable paving material, allowing water infiltration, reducing stormwater runoff, and promoting sustainable water management.
  • Interior: Applications related to sustainable construction materials in interiors will include eco-friendly flooring, wall finishes, and insulation. Examples are bamboo or cork flooring, low-VOC paints, and countertops made of recycled glass. Here, the focus is on creating healthy indoor environments that limit harmful chemicals, improve air quality, and encourage renewable and recyclable materials.
  • Structural: This application concerns the structural core of the building, such as its foundation, frames, and load-carrying walls. Sustainable structural materials include green concrete, reclaimed steel, and timbers from sustainably managed forests. Selection criteria include durable, high-performance materials with low environmental effects that bring stability to a building and also fulfill sustainability goals.
  • Others: This includes all other applications of sustainable materials that would not be suitably placed in the above exterior, interior, or structural categories. Suitable examples include landscaping materials, eco-friendly fencing, and lighting systems that efficiently operate at low energy usage. About everything, from the building to its surroundings and overall energy usage, will be targeted to achieve sustainability.

End-use insights:

  • Residential: This includes sustainable building materials for houses, apartments, and other living spaces. The main area of concentration in this sector is the provision of energy-efficient, healthy, and ecologically friendly living spaces. The most commonly used materials for residential building construction are green cement, reclaimed wood, and bamboo, which ensure energy consumption is lower, indoor air quality improves, and can be sustained further.
  • Commercial: The construction of office buildings, retail, hotels, and other buildings for non-residential purposes falls under this category. Materials being used in this sector aim at durability, efficiency in energy utilization, and the long-term reduction of operational costs. The green cement, recycled glass, and eco-friendly insulation needed in constructing such commercial buildings help with several sustainability certifications as they reduce the overall environmental impact.
  • Industrial: In the industrial segment, sustainable materials will be manufactured and used in factories, warehouses, and other industrial facilities. Thus, it pays close attention to the materials that provide excellent durability, strength, and environmental performance. Recycled materials, like those made from rubberized asphalt and reclaimed steel, would be much used in industrial construction due to their ability to reduce waste at construction sites and offer minimal large-project carbon footprints.

Regional insights:

  • North America: Strict environmental laws, increased focus on green building certifications such as LEED, and growing awareness of climate change are some of the factors driving the market for sustainable construction materials in North America. Some of these material types include green cement, reclaimed wood, and energy-efficient materials, which have a wide range of applications in residential and commercial sectors.
  • Europe: It is one of the leading regions in sustainable construction, due to staunch support by government policy for building green. Demand for materials such as bamboo, recycled glass, and green cement is robust, mainly because of policy measures and ambitious reduction targets on carbon emissions and sustainable development. Various European residential and commercial projects stress energy efficiency, low-carbon materials, and circular economy principles.
  • Asia-Pacific: Rapid urbanization in this region has increased the demand for sustainable construction materials. Consequently, demand for green building materials has largely shifted towards China, India, and Japan due to rapidly growing environmental and resource consumption concerns. There is significant growth in the market regarding the usage of materials such as green cement, bamboo, and waste materials in substantial infrastructure and residential constructions.
  • Latin America: The sustainably constructed building or infrastructure is gaining ground as governments and private sectors realize that natural environmental challenges must be faced. The region is also witnessing the usage of eco-friendly materials such as reclaimed wood, recycled tires, and green cement in both residential and commercial buildings. Economic development and urbanization are driving the demand for sustainable materials in the region.
  • Middle East & Africa: The urgent need to address climate change and resource scarcity is the major driver for sustainable construction in the Middle East and Africa. There is increasing interest in using materials such as recycled glass, green cement, and bamboo, especially in commercial and industrial construction. Governments and developers in these regions increasingly implement sustainable practices in their projects to lessen energy consumption and promote environmental stewardship.

Sustainable Construction Materials Market Report Scope:

Attribute

Details

Market Size 2024

USD 240 Billion  

Projected Market Size 2034

USD 645.11 Billion

CAGR Growth Rate

11.5%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

Construction Type- Structural, and Non-structural

Material Type- Green Cement, Bamboo, Recycled Glass, Hempcrete, Recycled Tires, Reclaimed Wood, and Others

By Application- Exterior, Interior, Structural, and Others

By End-use- Residential, Commercial, and Industrial

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Construction Type, Material Type, Application, End-User, and Region.

Segmentation:

By Construction Type:

  • Structural
  • Non-structural

By Material Type:

  • Green Cement
  • Bamboo
  • Recycled Glass
  • Hempcrete
  • Recycled Tires
  • Reclaimed Wood
  • Others

By Application:

  • Exterior
  • Interior
  • Structural
  • Others

By End-User:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Sustainable Construction Materials Market Key Players

The key players operating the Sustainable Construction Materials Market include LafargeHolcim Ltd., CEMEX S.A.B. de C.V., Boral Limited, Interface, Inc., BASF SE, Saint-Gobain, Kingspan Group, CarbonCure Technologies, Armstrong World Industries, Inc., Forbo Flooring Systems, Ecovative Design, The Green Building Center, Heidelberg Materials, Novelis Inc., Skanska AB.

Sustainable Construction Materials Market Key Players

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Sustainable Construction Materials Market Key Issues Addressed

  • In July 2024, A US-based start-up developed carbon-negative concrete capable of absorbing much CO2 during curing time, which could reduce the carbon footprint from larger construction projects. This innovation is starting to grab the construction industry's attention because it would have massive cuts in emissions in large-scale infrastructural projects.
  • In June 2024, Partnership for Bamboo-Based Materials The joint efforts of different construction firms located within Southeast Asia, along with NGOs concerned with sustainability issues, gave rise to a supply chain network in bamboo-based construction materials. It specifically aimed at scaling up bamboo use in urban projects, mainly in Indonesia and the Philippines, as bamboo is plentiful in those countries.
  • In May 2024, A European firm unveiled a new line of bricks made wholly from recycled plastic waste. The bricks are lightweight yet strong and easy to fabricate, hence proving to be an environmentally friendly alternative to traditional clay bricks. This development is part of a wider trend for reducing plastic waste through its integration into construction materials.

Sustainable Construction Materials Market Company Profile

  • LafargeHolcim Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CEMEX S.A.B. de C.V.
  • Boral Limited
  • Interface, Inc.
  • BASF SE
  • Saint-Gobain
  • Kingspan Group
  • CarbonCure Technologies
  • Armstrong World Industries, Inc.
  • Forbo Flooring Systems
  • Ecovative Design
  • The Green Building Center
  • Heidelberg Materials
  • Novelis Inc.
  • Skanska AB

“*” marked represents similar segmentation in other categories in the respective section.

Sustainable Construction Materials Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Construction Type
    • Market Snippet, By Material Type
    • Market Snippet, By Application
    • Market Snippet, By End-User
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, By Construction Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Structural
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Non-structural
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Material Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Green Cement
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Bamboo
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Recycled Glass
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Hempcrete
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Recycled Tires
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Reclaimed Wood
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Exterior
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Interior
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Structural
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By End-User, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Residential
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Commercial
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Industrial
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Construction Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Construction Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Construction Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Construction Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Construction Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Material Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • LafargeHolcim Ltd.
  • CEMEX S.A.B. de C.V.
  • Boral Limited
  • Interface, Inc.
  • BASF SE
  • Saint-Gobain
  • Kingspan Group
  • CarbonCure Technologies
  • Armstrong World Industries, Inc.
  • Forbo Flooring Systems
  • Ecovative Design
  • The Green Building Center
  • Heidelberg Materials
  • Novelis Inc.
  • Skanska AB

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Sustainable Construction Materials Market Size was valued at USD 240 Billion in 2024 and is expected to reach USD 645.11 Billion by 2034, growing at a CAGR of 11.5%

The Sustainable Construction Materials Market is segmented into Construction Type, Material Type, Application, End-User, and Region.

The market is being driven by factors such as government regulations and incentives, as well as urbanization and infrastructure development.

The restraints of the Sustainable Construction Materials market include the high initial cost.

The Sustainable Construction Materials Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Sustainable Construction Materials Market include LafargeHolcim Ltd., CEMEX S.A.B. de C.V., Boral Limited, Interface, Inc., BASF SE, Saint-Gobain, Kingspan Group, CarbonCure Technologies, Armstrong World Industries, Inc., Forbo Flooring Systems, Ecovative Design, The Green Building Center, Heidelberg Materials, Novelis Inc., Skanska AB.