The construction industry is responsible for a significant amount of global greenhouse gas emissions. Additionally, large proportion of landfill waste is contributed by construction industry which is based on the exploitation of unsustainable materials which increases the pollution and amount of CO2 emissions. The increase in construction volumes and the amount of reconstruction and demolition of outdated buildings demand the development of promising research areas aimed at improving the efficiency of building waste management, which provides both economic and ecological benefits. Therefore, building materials and appropriate waste management strategies are important aspects to promote the achievement of sustainable development goals. Different level resource efficiency and circular economy policies stimulate the need to use environmentally friendly, reusable building materials. Authors used literature review and state-of-the-art review to discover the links among circular building materials, waste management strategies, greenhouse gas emissions, economics, logistics, stakeholders and sustainable development. Results show that transition to circular economy requires changes from product design to new business, waste management and market models, and new modes of consumer behaviour. Significant role in promoting sustainable development is given to sustainable, circular and green building materials. However, reusable material strategies depend on businesses developing effective and economic applications that can overcome many barriers to close material loops. Construction waste management is highly dependent on the coordination and efficiency of interaction among the authorities, waste processing and construction companies, investors and other stakeholders.