Green Roof Market to Reach US$ 3.8 Billion By 2027 | CAGR of 15.4%

Green Roof Market Report 2022-2027

The latest report by IMARC Group, titled "Green Roof Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global green roof market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global green roof market reached a value of US$ 1.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2027, exhibiting a CAGR of 15.4% during 2022-2027.

A green roof, also called vegetative or an eco-roof, refers to a man-made vegetated roofing system comprising a high-quality root repellant system, drainage system, waterproofing, filter cloth, lightweight growing medium, and plants. It is also functionally integrated into a roof area and offers a variation, natural color, and stimulation to the roof of a building. A green roof assists in reducing waste, improving aesthetics, managing stormwater, moderating the urban heat island effect, enhancing the air quality, etc. Consequently, it finds wide-ranging applications in several sectors, such as industrial, residential, and commercial.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The inflating need for effective methods of minimizing heat in the atmosphere is primarily driving the green roof market. Additionally, the growing product utilization in sustainable construction projects is further catalyzing the market growth. Besides this, green roofs have a high retention capacity and aid in mitigating the pluvial flood risk by improving the thermal insulation of a building and ensuring energy saving, which is augmenting the global market.

Moreover, the increasing consumer awareness towards the various associated benefits of green roofs, including enhancing the efficiency of mechanical equipment and reducing greenhouse gas (GHG) emissions from fossil fuel combustion, is acting as another significant growth-inducing factor. Apart from this, the rising investments in R&D activities to develop cost-effective product variants are anticipated to fuel the green roof market over the forecasted period.

Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/green-roof-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:
• American Hydrotech Inc. (Sika AG)
• ArchiGreen Roof Ltd
• Axter Limited
• Barrett Company
• Bauder Ltd
• Columbia Green Technologies
• Green Roof Blocks
• Optigrün international AG
• Sempergreen B.V.
• XeroFlor North America
• ZinCo GmbH

Key Market Segmentation:

Breakup by Type:
• Extensive
• Intensive

Breakup by Distribution Channel:
• Online
• Offline

Breakup by Application:
• Residential
• Commercial
• Industrial

Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.