Posted 4/8/2024, 5:46:00 PM
Green Building Market Set for Nearly 9% Annual Growth Through 2031 Driven by Sustainability Focus and Innovations Enabling Efficiency
- Market expected to grow at 8.91% CAGR from 2024-2031 due to rising adoption of green building practices and sustainability focus
- Government regulations and consumer demand driving adoption of energy efficiency, renewable energy, waste reduction, etc.
- Technology innovations like BIM and prefab facilitating more sustainable and efficient construction
- Companies covered include Bauder, Florbo International, Clark Group, Gilbane, Turner Corp, among others
- North America leading in sustainability due to regulations and consumer awareness; APAC seeing rapid growth due to urbanization and development