Green Buildings Market Share

APAC Market Forecast

Green buildings market in Asia Pacific is estimated to account for 32% of the revenue share during the forecast period. The growth of the green buildings market in the Asia Pacific is driven by a number of factors, including growing government support for sustainable buildings practices, increasing concern over climate change, and increased awareness of the advantages of environmentally friendly buildingss. The demand for green buildingss in the region is also expected to rise as a result of its rapidly expanding population and increasing disposable income. Around 2.36 billion people lived in cities in Asia in 2020. Over the next few years, urbanization in Asia is expected to remain high and has been projected to reach a population of around 3.48 billion by 2050.

North American Market Statistics

North America region is predicted to account for 28% share of the global green buildings market during the forecast period. In the region, good infrastructure, heightened awareness about pollution risks and increased disposable income are factors that have contributed to market growth. Moreover, the growing demand for roofing, insulation, framing and a number of other types of residential, industrial, commercial or infrastructure constructions is also increasing. The growing demand for eco-friendly and energy-efficient buildingss that maximize value and minimize environmental impact. Financial benefits, like lower costs of energy, can also be achieved by the use of environmentally friendly buildingss. The growth of the market has also been driven by rising government initiatives.