Research Nester published a report titled “Green Building Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalgreen building market in terms of market segmentation by product type, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global green building market is estimated to occupy a sizeable amount of revenue by growing at a CAGR of ~10% during the forecast period, i.e., 2022 – 2030, owing to the rising emphasis on use of renewable energy resources, and increasing development of green building concept in developed and developing regions. Apart from these, escalating emphasis on emission free construction, and low maintenance costs of green buildings are also expected to drive market growth in the coming years.
The market is segmented by product type and application. Based on product type, the solar products segment is anticipated to grab the largest market share during the forecast period on the back of the high cost-effectiveness and low carbon footprint of solar equipment. Additionally, by application, the non-residential buildings segment is projected to hold the largest share over the forecast period attributing to the rising urbanization around the world.
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Geographically, the global green building market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America region is evaluated to grab the largest share in the market during the forecast period attributing to the presence of good infrastructure in the region. Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the future owing to the rapid industrial growth in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rising Focus on Renewable Energy Sources Globally to Boost Market Growth
Since the last decade, the issues of environment conservation and global warming are gaining momentum, giving rise to the adoption of renewable energy resources. This can be attributed to the fact that renewable energy is highly effective in reducing energy imports and reduce fossil fuel use. These are considered to be crucial factors driving market growth in the near future.
However, market barriers associated with construction of green building is expected to operate as key restraint to the growth of the global green building market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global green building market which includes company profiling of BASF SE, Bauder Limited, Binderholz GmbH, E. I. du Pont de Nemours and Company, Forbo International SA, Alumasc Group Plc, Amvik Systems, Interface Inc., Kingspan Group plc, Interface Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global green building market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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