Update python bindings build script

[christian7007]

Description Python binding build script shows the warning below while installing the library:

SetuptoolsDeprecationWarning: setup.py install is deprecated. Use build and pip and other standards-based tools.

It would be nice to update the script to avoid using deprecated tools.

Additional Context Error shown when building for Ubuntu 22.04.

Progress Status

• [ ] Code commited
• [ ] Testing - QA
• [ ] Documentation (Release notes - resolved issues, compatibility, known issues)