Pune, India, July, 2023 /MRFR Press Release/- Market Research Future published a half cooked research report on global green building market. The global market for global green building is expected to grow at 9.50% CAGR.

Green Building Market Highlights

The Global Green Buildings Market was valued at USD 550.12 Billion in 2021 and is projected to grow from USD 634.78 Billion in 2022 to USD 1312.12 Billion by 2030, with a CAGR of 9.50% from 2024 to 2030.

The global Green Buildings market has grown in the last few years. The main aspect causing a surge in the performance of the market is the growing concerns regarding growing environmental pollution across the globe. Furthermore, the imposition of policies and regulations by various governments across the globe is also considered to be one of the vital aspects causing a surge in the global market. Moreover, the growing investments in the launch of innovative eco-friendly solutions amid the rising awareness among people, particularly across emerging economies, is also likely to positively impact the performance of the global market for green buildings over the assessment period.

Segment Analysis

The global market for Green Buildings is fragmented into various segments based on products, applications, and regions.

Based on the product, the global market for Green Buildings has been split into Exteriors and Interiors.

Based on the Service Providers, the global market for Green Buildings has been split into

Based on the application, the global market for Green Buildings has been split into Non-residential and Residential.

Regional Analysis

The global market for Green Buildings is analyzed across five major geographies: Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The MRFR analysis reports the Asia-Pacific regional Green Buildings market leading spot across the global market for Green Buildings in 2022. The region has China as the largest contributor in terms of revenue share. On the other hand, the Indian market is likely to grow at the highest pace over the coming years. The main parameter enhancing regional market development is the increasing government support for sustainable building practices across the region. Furthermore, factors such as increasing disposable incomes, the region's rapidly urbanizing population, increasing awareness of the benefits of green buildings, and growing concerns regarding environmental issues are also projected to positively influence the growth of the regional market over the coming years.

The European regional market for Green Buildings is anticipated to ensure the second position across the global market over the assessment period. The region has the German market as the largest contributor in revenue share. On the other hand, the UK market is likely to grow at the highest pace over the coming years. The main parameters enhancing regional market development are implementing policies & regulations to encourage the construction of green buildings, increasing consumer awareness & demand for sustainable buildings, improving energy efficiency in buildings, increasing the share of renewable energy, and reducing greenhouse gas emissions.

The North American region will likely demonstrate maximum growth over the coming years. The region has the US market as the largest contributor in revenue share. On the other hand, the Canadian market is likely to grow at the highest pace over the coming years. The main parameters enhancing regional market development are the number of renovation projects in the post-pandemic world and technological innovations.

Competitive Analysis

The global market for Green Buildings is known to have a strong and competitive landscape. The players across the market are focusing on investments in research & development activities to expand their product lines, which will help the Green Buildings market grow even more. They are also considering several strategic activities to expand their footprint, with vital market developments including new product launches, higher investments, mergers & acquisitions, contractual agreements, and collaboration with other organizations. The list of prominent participants across the global market for Green Buildings includes players such as Kingspan Group plc, Owens Corning, Interface Inc., Bauder Limited, BASF SE, Amvik Systems, CEMEX, Forbo International SA, E. I. du Pont de Nemours and Company, Binderholz GmbH, and Alumasc Group Plc among several others.

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