Sustainability is the Future of the Chemical Industry - Executive Summary Report
• As of 2020 the green technology and sustainability market stands at $11.2 billion. It is expected to grow with a CAGR of ~27% and reach ~$74 billion by 2028.
• USA accounts for the largest market share as of 2020 majorly because of its broad base in green technology and sustainability vendors in the region. The adoption of high-end technology is expected to boost the growth of green technology solutions in North America.
• The APAC is expected to be a favorable market for investments and has the highest CAGR during the forecast period. The APAC economies are expected to offer new market opportunities to the vendors operating in green technology and sustainability market, leading to adoption of green technology solution in the region. This growth can be attributed to the focus of developing countries, such as China, India, and Singapore, on the integration of advanced technologies to enhance business processes.
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