Press release
Role Of Sustainable Manufacturing In Reducing Environmental Impact: A Significant Driver Propelling The Sustainable Manufacturing Market In 2025
Sustainable Manufacturing Market Size
What Is the Sustainable Manufacturing Market Size and Projected Growth Rate?
The sustainable manufacturing market size will grow from $189.11 billion in 2024 to $211.37 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period is due to the shift towards decarbonization, increasing environmental regulations, awareness of sustainability, cost savings, and enhanced brand reputation.
The sustainable manufacturing market size is expected to grow to $325.37 billion in 2029, at a CAGR of 11.4%. The growth is driven by resource-efficient manufacturing, industrialization, sustainable packaging, the circular economy, and increasing investments. Trends include technological advancements in electrolyzers, green technologies, recycling innovations, and waste reduction processes.
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What Are the Major Segments in the Sustainable Manufacturing Market?
The sustainable manufacturingmarket covered in this report is segmented -
1) By Offering: Recycled Lithium Ion Battery, Water Reuse And Recycling, Recycled Plastics, Green Hydrogen, Recycled Steel, Recycled Aluminum, Recycled Carbon Fiber, Bioplastics And Biopolymers, Natural Fiber Composites
2) By Enterprise Type: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Applications: Automotive, Energy, Electrical And Electronics, Packaging, Building And Construction, Marine, Aerospace, Power, Chemicals, Other Applications
Subsegments:
1) By Recycled Lithium-Ion Battery: Reclaimed Lithium, Recycled Cobalt, Recycled Nickel, Battery Pack Recycling
2) By Water Reuse And Recycling: Industrial Water Reuse, Municipal Water Recycling, Desalination Technologies, Greywater Reuse Systems
3) By Recycled Plastics: Post-Consumer Recycled Plastics, Post-Industrial Recycled Plastics, Biodegradable Plastics, Plastic Lumber
4) By Green Hydrogen: Electrolytic Hydrogen Production, Biomass Gasification, Hydrogen From Natural Gas With Carbon Capture, Storage And Transportation Solutions
5) By Recycled Steel: S Steel Processing, Steel Re-Melting And Recasting, Upcycled Steel Products
6) By Recycled Aluminum: Post-Consumer Aluminum Recycling, Post-Industrial Aluminum Recycling, Aluminum Remelting Processes
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What Are The Driving Sustainable Manufacturing Market Evolution?
The growing demand for eco-friendly products is expected to drive the sustainable manufacturing market. Consumers are increasingly concerned about the environmental impact of their purchases and are seeking sustainable products. Sustainable manufacturing practices reduce waste and resource consumption while minimizing environmental impact. A survey by the National Association of Convenience Stores in April 2024 found that 80% of consumers are concerned about the environmental impact of their purchases, fueling the growth of the sustainable manufacturing market.
Which Firms Dominate The Sustainable Manufacturing Market Segments?
Major companies operating in the sustainable manufacturing market are ArcelorMittal S.A., Siemens AG, Unilever PLC, Panasonic Holdings Corporation, Caterpillar Inc., Dow Inc., Veolia Environnement S.A., Schneider Electric SE, Honeywell International Inc., 3M Company, ABB Ltd., Umicore S.A., Braskem S.A., Indorama Ventures Public Company Limited, Novelis Inc., Vestas Wind Systems A/S, Berry Global Group Inc., Biffa plc, European Metal Recycling Ltd., Unifi Inc., Manufacturing Technology Centre Limited, NatureWorks LLC, Cirba Solutions LLC
What Are the Latest Developing Trends in the Sustainable Manufacturing Market?
In the sustainable manufacturing market, companies are developing products like green briquettes to promote eco-friendly energy solutions. Green briquettes are made from biomass materials and serve as a sustainable alternative to fossil fuels. For instance, in December 2022, Runaya Group, an India-based sustainability-focused company, launched RubiQ and RucaL Green, 100% green briquettes made from compressed organic waste. These products offer lower emissions and contribute to a circular economy by utilizing waste materials and supporting resource efficiency.
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Which Is The Largest Region In The Sustainable Manufacturing Market?
North America was the largest region in the sustainable manufacturing market in 2024. The regions covered in the sustainable manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Sustainable Manufacturing Market?
2. What is the CAGR expected in the Sustainable Manufacturing Market?
3. What Are the Key Innovations Transforming the Sustainable Manufacturing Industry?
4. Which Region Is Leading the Sustainable Manufacturing Market?
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