Green Building Materials Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2024
Green Building Materials Market size is forecast to reach $504 billion by 2025, after growing at a CAGR of 11.4% during 2020-2025, owning to expanding construction activities and growing government initiatives to enforce environmentally sustainable and energy-efficient building standards. Green building materials offer lower carbon footprint, thereby reducing the impact of global warming. In addition, these are easy to maintain and consume less water as compared to its counterparts. Therefore, owning to various monetary and environmental benefits the demand for green building materials is increasing. Green building materials eliminates the use of toxic paints containing lead, thus improving indoor air quality. In addition, the products also offer plenty of natural lighting, thus reducing energy usage and thus reducing total expenditure. Hence, owning to these benefits the demand for green building material is increasing. Key Takeaways North America dominated the green building mar...