Green Building Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2027
Green building market size – USD 264.64 billion in 2019, market growth – CAGR of 11.0%, market trends – Favorable legislative regulations.
— Emerging research
VANCOUVER, BC, CANADA, Sept. 21, 2022 /EINPresswire.com/ — The global green building market is expected to reach $610.61 billion by 2027, according to current analysis from Emergen Research. The green building market is witnessing a high demand due to the increase in demand for reducing energy consumption in buildings. The need to minimize greenhouse gas emissions and ensure that buildings are environmentally sustainable will drive the market growth. The growth of the market is fueled by the increased awareness of these products through the increase in application areas. Fiscal incentives provided by policymakers around the world to private companies for the use of environmentally friendly products are expected to boost demand during the forecast period. The government is encouraging the growth of the market product to mitigate global warming and eliminate the release of hazardous gases.
The report offers an accurate forecast estimate of the Green Construction industry based on recent research and technological advancements. It also offers valuable data to help investors formulate strategic business investment plans and capitalize on emerging growth prospects in the green building market. The study on the global green building market is the latest report covering the impact analysis of the COVID-19 pandemic currently underway. The pandemic has directly affected the market by causing disruptions in global supply chains and indirectly by causing financial hardship. The green building market has witnessed dynamic shifts in trends and demands owing to the ongoing COVID-19 pandemic.
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Leading companies in the green building industry profiled in the report are:
Alumasc Group Plc, Binderholz GmBH, Bauder Ltd., Forbo International SA, Certain Teed Corporation, The Turner Corp., Clark Group, Gilbane Building Co., Hensel Phelps and The Whiting-Turner Contracting Co., among others.
Some highlights of the report
The green roof segment is expected to grow dramatically over the forecast period owing to the increasing global alert, which in turn is driving the demand for effective natural methods to remove rising ambient heat.
The residential segment is expected to register a notable CAGR during the forecast period. Rapid urbanization in emerging countries and the growing need for environmentally friendly buildings are driving segmental growth. Moreover, the advent of eco-friendly materials by several manufacturers will also propel the adoption of the product.
The green building market in the Asia-Pacific region is expected to grow at the fastest rate over the forecast period due to rapid urbanization and growing industrial sector in developing economies.
In July 2020, DuPont announced the development of the next generation of Styrofoam™ Brand Insulation for the reduction of greenhouse gas emissions to support the design of modern high performance buildings. Styrofoam™ branded insulation products will include low GWP options and meet sustainability target regulations in the United States and Canada.
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For the purposes of this report, Emergen Research has segmented the global green building market on product, application, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Hospitality & Leisure
The report sheds light on the region expected to dominate the green building market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share that each region is expected to hold during the forecast period. The report analyzes the Green Building Market spread in key geographies covering North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The regional analysis gives an idea of production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and presence leading players in each region.
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Green Building Market Key Points:
Extensive coverage of green building market analysis
Key information on the regional breakdown of the industry in key geographies
Sweeping insights into vital market trends; current and emerging trends, and factors influencing market growth
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall Green Building Market growth
Comprehensive data of major manufacturers and vendors of Green Building Market
The report covers the key points of the market including the standards, regulations and policy changes applied by the government on the industry for the coming years. The report encompasses in-depth research conducted through the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to identify trends and growth patterns. Factors likely to influence market growth, current trends, opportunities, restraining factors, and the business landscape are thoroughly discussed in the market study.
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Thank you for reading our report. Customization of this report is available in sections by chapter or by region. Please contact us to learn more about the report, and our team will provide excellent support.
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