Global Green Building Materials Market is expected to project a notable CAGR of 10.16% in 2030.
Global Green Building Materials Market to surpass USD 711.06 billion by 2030 from USD 270.26 billion in 2020 at a CAGR of 10.16% in the coming years, i.e., 2021-30. The market is estimated to grow owing to escalating constriction activities, growing government regulations, and initiatives to implement environmentally sustainable and energy-efficient building standards. Green building materials help in reducing global warming as they offer a lower carbon footprint. Additionally, rising consumer awareness towards health and energy efficiency is driving the market growth. The demand for green building materials is also increasing due to various monetary and environmental benefits. It improves the indoor air quality by eliminating the use of toxic paints which contain lead.