The global Green Construction Market is forecasted to be worth USD 610.61 Billion by 2027, according to a current analysis by Emergen Research. The green construction market is witnessing high demand due to the rise in demand for reduced energy consumption in buildings. The need to minimize greenhouse gas emissions and focus on ensuring buildings have environmental sustainability will foster market growth.
In addition, the study on the Green Construction market for the forecast period, 2020 – 2027 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others. All vital statistics are presented with the help of charts, tables and graphic images, which can be easily incorporated into any business presentation.
The market growth is fueled by the increased awareness of these products through rising application areas. Tax incentives provided by the policymakers all over the world to private businesses for the usage of environment-friendly products are expected to propel 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.
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Key Highlights From The Report
In July 2020, DuPont announced the development of the Next Generation of Styrofoam™ Brand Insulation for the reduction of greenhouse gas emissions to sustain high-performance modern building design. The Styrofoam™ Brand Insulation products will include lower GWP options, and it follows sustainability goals regulations throughout the United States and Canada.
The green roof segment is expected to grow dramatically over the forecast timeframe due to the rising global alert, which in turn fosters the demand for successful natural methods to eliminate the rising ambient heat.
The residential segment is anticipated to register a notable CAGR during the forecast period. The rapid urbanization in emerging nations and a growing need for environmentally safe buildings are propelling the segmental growth. Furthermore, the advent of eco-friendly materials by several manufacturers will also propel the adoption of the product.
The green construction market in the Asia Pacific region is likely to grow at the fastest rate in the forecast period owing to swift urbanization and growth of the industrial sector in the developing economies.
Key participants include 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.
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Product Outlook (Revenue, USD Billion; 2017-2027)
Exterior Products
Roofing
Windows
Siding
Doors
Interior Products
Insulation
Floorings
Solar Products
Building Systems
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Residential Buildings
Non-Residential Buildings
Commercial & Office
Institutional
Industrial
Hospitality & Leisure Others
Regional Outlook (Revenue, USD Billion; 2017-2027
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. Green Construction Market Definition
1.2. Green Construction Market Research Scope
1.3. Green Construction Market Methodology
1.4. Green Construction Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Green Construction Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Green Construction Market Segmentation & Impact Analysis
Continued…
