green building materials global market 2021 Executive Summary, Segmentation Forecast to 2028
Green Building Materials Market The global green building market is predicted to develop at a 10.26% CAGR between 2022- 2030, states the recent Market Research Future (MRFR) analysis. Green building is made of materials that improve the efficiency and sustainability of the structure of a building with regard to renovation, maintenance, construction, and design. Various factors are propelling the global green building market share. As per the current MRFR report, such factors include the rising environmental concerns, strict government regulations, demand in the industrial sector for its low maintenance and operational costs, growing need for energy-efficient technologies, and rising preference in commercial & residential buildings. On the contrary, high material cost coupled with labor shortage in the construction industry, especially in the US due to the COVID-19 pandemic, may limit the Green Building Market growth during the forecast period. Market Segmentation The MRFR report