The Global Market for Green Building Materials is Projected to Exceed US$395 Billion by 2024
Growing Prominence of Energy Efficient Smart & Eco-Friendly Buildings Drives Strong Demand for Green Building Materials, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Green Building Materials market. The global market for Green Building Materials is projected to exceed US$395 billion by 2024 , driven by focus on energy efficient and sustainable buildings due to climate change and spiraling energy prices and the resulting demand for green building materials. Buildings presently account for a third of worldwide emissions, and green buildings and projects are an important part of the fight for environmental sustainability. Green building refers to the next-generation construction technology intended to reduce carbon emissions at no or very little cost. The concept focuses on preserving the natural environment around a site, whi...