Press release
Green Roof Market: Rapid Growth, Key Players, and Future Trends
Green Roof Market
What Is The Projected Market Size Of The Global Green Roof Market And Its Growth Rate?
The Green Roof Market is witnessing notable growth, with market size expected to evolve significantly.
•The market size which was $2.1 billion in 2024 is expected to reach $2.46 billion in 2025, demonstrating a CAGR of 17.1% due to environmental awareness, regulatory support, and urbanization trends.
•The market is anticipated to escalate rapidly in the future, attaining a value of $4.53 billion by 2029, at a CAGR of 16.5%. The growth drivers include climate change mitigation, urban planning policies, rising energy costs, health and wellness trends, and global sustainability goals.
What Is Driving The Growth In The Green Roof Market?
The upsurge in the construction of industrial, commercial, and residential buildings is fueling the growth of the green roof market. Companies in the construction sector deliver building designs, development, and construction using construction materials. Increased construction activities contribute to heat generation and air pollution, which can be mitigated by the installation of green roofs. For instance, in July 2024, the value of construction operations reportedly increased from $2.01 trillion in May 2023 to $2.14 trillion in May 2024, according to the US Census Bureau. Therefore, the growing demand for construction & infrastructure developments is a key driver of the green roof market.
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Who Are the Key Players Driving Green Roof Market Growth?
The major players heavily impacting the green roof market are:
•Sika AG
•ArchiGreen Roof Ltd.
•Axter Ltd.
•Barrett Company LLC
•Columbia Green Technologies
•Bauder Flat Roofs Limited
•Optigreen International AG
•Green Roof Blocks LLC
•Sempergreen BV
•XeroFlor North America LLC
•ZinCo GmbH, Soprema SAS
•Onduline Group, Geo Green Power Limited
•Q-BOT Ltd., Dow Chemicals International Private Limited
•Plant-e BV, ICAX Ltd., Optigrun International
•Tremco Inc., Bioroof Systems Inc., Vitaroofs
•Tajima Industries Ltd., Liveroof LLC
•Roofing Superstore Inc., Eco Green Roofs Ltd.
What Are The Key Trends In The Green Roof Market?
The Green Roof Market observes the following major trends:
•Technological advancements
•Biodiversity and habitat creation
•Energy efficiency and insulation
•Collaboration in the industry
•Government incentives and regulations
What Are The Segments Of The Global Green Roof Market?
The global Green Roof Market can be segmented as follows:
1)By Type: Extensive, Intensive
2)By Distribution Channel: Online, Offline
3)By Application: Residential, Commercial, Industrial
Which Region Leads The Green Roof Market?
In 2024, Europe dominated the green roof market share, maintaining the lead over regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Green Roof Market Global Market Report?
- Market Size Analysis: Analyze the Green Roof Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Green Roof Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Green Roof Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Green Roof Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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