Global Green Technology and Sustainability Market: Regional Insights
North America among other regions, is projected to gain significant growth in the global green technology and sustainability market over the forecast period. The region is witnessing growing number of green building initiatives due to which the GHG emissions and fossil fuel demand are reducing in this region. Moreover, the markets for exquisite products, technologies, and practices in North America is seeing competitiveness. The advancements in these markets such as high efficiency appliances, advanced building materials, water-reclamation systems, and advanced insulation systems among others are further supporting growth of the global green technology and sustainability market in the region.
Europe is likely to show robust growth in the global green technology and sustainability market over the forecast period. This is attributed to growing focus of government in the region toward improvement of the standard of living, and mobilization of massive resources across the region. Significant progress in transitioning economies are improving production efficiency and strengthening the economic reconstruction. With adapatative measures, infrastructures are becoming more climate resilience. Thus, the aforementioned factors are expected to aid in growth of the global green technology and sustainability market over the forecast period.
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