Sustainable Manufacturing Market Size, Share & Trends Analysis Report By Offering (Recycled Plastics, Green Hydrogen), By Vertical (Automotive, Energy), By Region, And Segment Forecasts, 2024 - 2030
Sustainable Manufacturing Market Trends
The global sustainable manufacturing market size was estimated at USD 203.65 billion in 2023 and is expected to grow at a CAGR of 11.6% from 2024 to 2030. Increasing environmental regulations and policies aimed at reducing carbon emissions and waste are pushing manufacturers to adopt more sustainable practices. Growing consumer awareness and preference for environmentally friendly products are driving companies to adopt sustainable manufacturing practices to meet market expectations. Sustainable manufacturing often leads to cost savings through improved resource efficiency, reduced waste, and lower energy consumption. Innovations in technologies, such as renewable energy, energy-efficient machinery, and recycling technologies, are enabling more sustainable manufacturing processes.
Companies are increasingly integrating sustainability into their Corporate Social Responsibility (CSR) strategies to enhance their brand reputation and meet investor expectations. As global supply chains become more complex, there is a growing emphasis on ensuring that manufacturing processes are sustainable and ethical across the entire supply chain. Increased investment in sustainable technologies and practices by governments, private investors, and venture capitalists is driving growth in the sustainable manufacturing market.
The need to address climate change and reduce greenhouse gas emissions is prompting manufacturers to adopt sustainable practices to minimize their environmental impact. The need to manage and conserve finite resources, such as raw materials and water, is encouraging the adoption of sustainable practices to ensure long-term availability. Ongoing research and development in sustainable materials, processes, and technologies are creating new opportunities for growth and efficiency in the manufacturing sector.
Global Sustainable Manufacturing Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global sustainable manufacturing market report based on offering, vertical, and region.
Offering Outlook (Revenue, USD Billion, 2017 - 2030)
Recycled Lithium Ion Battery
Water Reuse and Recycling
Recycled Plastics
Green Hydrogen
Recycled Steel
Recycled Aluminium
Recycled Carbon Fibre
Bioplastics & Biopolymers
Natural Fibre Composites
Vertical Outlook (Revenue, USD Billion, 2017 - 2030)
Automotive
Energy
Electrical & Electronics
Packaging
Building & Construction
Marine
Aerospace
Power
Chemicals
Others
Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
MEA
UAE
South Africa
KSA
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