Hempcrete is a bio-composite construction material made of the inner woody core of the hemp plant combined with a lime-based binder. It is commonly used for non-load-bearing purposes, such as for insulating or filling spaces during building construction.
The benefits of using hempcrete in construction are numerous, including but not limited to:
- Made from a fast-growing, renewable resource
- Excellent thermal properties
- Humidity regulation
- Naturally fire resistant
- Resistant to mold and pests
- Sequesters carbon
International demand for hempcrete is increasing, with economic analysts affiliated with Research and Markets finding that “the hempcrete market was valued at USD 1.55 billion in 2024 and is expected to reach USD 2.79 billion by 2030, rising at a CAGR of 10.10%.”
“The global hempcrete market is rapidly gaining momentum as the construction industry shifts toward sustainable, eco-friendly materials.” the market analysts also stated. “With the global push toward carbon-neutral buildings and the increasing influence of green certifications such as LEED and BREEAM, hempcrete is becoming a preferred alternative for both residential and commercial developers.”
The hempcrete sector is part of a wider international hemp industry that is experiencing tremendous growth, thanks to governments around the world modernizing their laws and regulations to permit hemp research and development.
During his presentation at the International Cannabis Business Conference in Berlin, Germany, in April 2025, leading international cannabis economist Beau Whitney, founder of Whitney Economics, projected that the value of the wider global industrial hemp industry could be as much as $456.2 billion if mainstream industries harnessed hemp as a production input.