How Global Nonresidential Green Buildings Market Players Should Strategize For 2022-2031

The global non-residential green buildings market size is expected to grow from $859.52 billion in 2021 to $951.77 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth in the non-residential green buildings market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The non-residential green buildings market is expected to reach $1354.59 billion in 2026 at a CAGR of 9.2%.

What is the Global Nonresidential Green Buildings Market?

The non-residential green buildings market consists of sales of non-residential green buildings. Green Buildings, in their design, construction or operation, have minimal or no negative impacts on environment and climate but have positive impacts by preserving precious natural resources and improve the quality of life. This practice creates and uses healthier and more resource-efficient models of construction, renovation, operation, maintenance and demolition. The market consists of revenue generated by the companies and people by the sale of non-residential green buildings.

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What drives the Global Nonresidential Green Buildings Market?

Increased need for sustainable and eco-friendly solutions contributed to the growth of the non-residential green building market. According to the USGBC (U.S. Green Building Council) report, green buildings can reduce carbon emission by 34% and consume 25% less energy than the conventional buildings. It has now become essential for commercial construction companies to give priority to sustainable design and construction techniques to utilize our planets finite resources in a sensible way. Encouraging sustainable business practices is an important reason for building green in most countries for conservation of energy and protecting natural resources. Moreover, increased concerns of global warming resulted in sustainable and eco-friendly activities increased the demand for Non-residential green building market.

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Global Nonresidential Green Buildings Market Segments
The global nonresidential green buildings market is segmented:
By Product: Interior Products, Exterior Products
By Application: Office, Education, Hotels and Restaurants, Retail, Institutional/ Assembly, Healthcare, Warehouse
By Component: Roofing, Insulation, Framing, Exterior Siding, Interior Finishing, Others
By Geography: The regions covered in the green building market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest share in the global nonresidential green buildings market.

Nonresidential Green Buildings Global Market Report 2022provides market size and growth forecasts for the global nonresidential green buildings market, global nonresidential green buildings market share, nonresidential green buildings market segments and geographies, nonresidential green buildings market competitive landscape including leading competitors’ revenues, profiles and market shares. The nonresidential green buildings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Nonresidential Green Buildings Industry Playersinclude Turner Corp., Clark Construction, AECOM, Swinerton, Hensel Phelps, Skanska, Whiting-Turner Contracting Co., Holder Construction, Webcor, Walsh Group. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.