The global green building industry is eyeing for a momentous growth at 10.12% CAGR over the predicted years (2018-2023).
Some of the common materials utilized in the construction of such buildings include recycled plastic, grasscrete, timbercrete, rammed earth, wood, mycelium, straw bales, hempcrete and bamboo.
These factors as per the Market Research Future (MRFR) report include focus on superior quality products, rising need for renewable resources, consumers changing lifestyle, technological innovation, increasing funds for the development and commercialization of refueling infrastructure, and benefits over conventional technologies such as consumes less energy, reduces waste, conserves water and reduces emissions.
On the contrary, limited awareness regarding the utilization and advantages of eco-friendly materials used in construction in underdeveloped and remote regions and high production cost related to manufacturing packaging materials that are green may hamper the growth of the green building market over the predicted years.Key PlayersLeading players profiled in the green building market include Green Building Store (U.K.), Weinerberger AG (Austria), E. I. du Pont de Nemours and Company (U.S.), SGS (Switzerland), Saint Gobain S.A. (Germany), Green Build Products (I) Pvt Ltd (India), Kingspan Group plc (Ireland), Ginkgo Sustainability (Canada), Bauder Limited (U.K.), NATiVE (U.S.), and others.May 2019- The Williams Parkway Operations Centre has attained LEED Gold certification from the Green Building Council in Canada.
This is an administrative building having public and staff parking, green space, event terrace and a garden.
Exterior products are further segmented into building systems, solar products, HVAC systems, smart lighting and others.