Nonresidential Green Buildings Market Set to Reach $2127.25 Billion by 2029 with 13.1% Yearly Growth

Which drivers are expected to have the greatest impact on the over the nonresidential green buildings market's growth?
The escalating demand for sustainable and environmentally conscious solutions has bolstered the expansion of the nonresidential green buildings market. As the USGBC (U.S. Green Building Council) report indicates, green buildings have the potential to curtail carbon emissions by 34% and use 25% less energy compared to traditional buildings. To exemplify, in April 2024, data from the National Association of Convenience Stores (NACS), an American trade group representing the convenience and fuel retailing sector, showed that 80% of consumers were uneasy about the environmental ramifications of their purchases in 2024. This was an increase from the previous years, with 68% expressing concern in 2023 and 66% doing so in 2022. Hence, the upward demand for sustainable and environmentally friendly solutions is propelling the nonresidential green buildings market's growth.

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What growth opportunities are expected to drive the nonresidential green buildings market's CAGR through 2034?
In recent years, there has been a swift expansion in the size of the nonresidential green buildings market. The market is forecasted to evolve from a worth of $1160.93 billion in 2024 to a value of $1299.61 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.9%. The augmentation experienced in the preceding period can be credited to heightened environmental consciousness and regulations, enhanced energy efficiency and cost savings, corporate social responsibility (CSR), occupant health and productivity, market variation, and brand image.

In the coming years, the market size for nonresidential green buildings is projected to undergo swift expansion. The market is predicted to reach $2127.25 billion by 2029, with a compound annual growth rate (CAGR) of 13.1%. Factors contributing to this growth during the forecast period include stricter green building regulations, targets for mitigating global climate change, an increased desire for healthier workplaces, financial rewards, and tax benefits, as well as changing tenant choices. Significant developments during the forecast period will encompass efforts towards water preservation, the adoption of circular economy concepts, targets for carbon neutrality, designs centered around health and wellness, and regulatory measures and rewards from government entities.

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What are the most significant trends transforming the nonresidential green buildings market today?
The use of live, or green, roofs is a rising trend in the construction of eco-friendly structures. A green roof is essentially a rooftop that is adorned with plants, soil, or other growth mediums, which is situated above a waterproof layer. These eco-friendly alternatives are renowned for their longevity in comparison to conventional roofing options, and they offer several other benefits. For instance, they naturally insulate buildings which results in lower energy costs, absorb and trap fluctuating temperatures, minimize rainwater runoff, filter air pollutants and carbon dioxide, and provide habitats for wildlife in urban areas. It's estimated that making 8% of a city's roofs greener could lower the city's overall temperature by 2%. In the US, approximately 25 cities have introduced initiatives to promote green roofs, while in Portland, Oregon, buildings with an area exceeding 20,000 square feet in the downtown district are required by law to have a 100% green roof cover (with a few exceptions). As a result, green roofs are fast becoming a popular trend in the non-residential green buildings sector.

Which key market segments comprise the nonresidential green buildings market and drive its revenue growth?
The nonresidential green buildings market covered in this report is segmented -

1) By Product: Interior Products, Exterior Products
2) By Component: Roofing, Insulation, Framing, Exterior Siding, Interior Finishing, Other Components
3) By Application: Office, Education, Hotels and Restaurants, Retail, Institutional/ Assembly, Healthcare , Warehouse

Subsegments:
1) By Interior Products: Sustainable Flooring, Eco-Friendly Paints And Finishes, Energy-Efficient Lighting Fixtures, Green Insulation Materials, Low-VOC (Volatile Organic Compounds) Products
2) By Exterior Products: Green Roofing Systems, Sustainable Siding Materials, Energy-Efficient Windows And Doors, Rainwater Harvesting Systems, Solar Panels And Renewable Energy Solutions

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What regions are at the forefront of nonresidential green buildings market expansion?
Asia-Pacific was the largest region in the nonresidential green buildings market in 2024. Eastern Europe is expected to be the fastest-growing region in the global nonresidential green buildings market share during the forecast period. The regions covered in the nonresidential green buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the nonresidential green buildings market?
Major companies operating in the nonresidential green buildings market include Turner Construction Company, AECOM Technical Services Inc., Balfour Beatty Construction Inc., Whiting-Turner Contracting Company, The Whiting-Turner Contracting Company, Lendlease Americas Inc., Gilbane Building Company, PCL Construction Enterprises Inc., Hensel Phelps Construction Co., DPR Construction Inc., HITT Contracting Inc., The Walsh Group LLC, Clark Construction Group, Holder Construction Company, JE Dunn Construction Group Inc., Swinerton Builders, McCarthy Holdings Inc., Suffolk Construction Company Inc., Consigli Construction Company Inc., The Haskell Company, Ryan Companies US Inc., Austin Industries Inc., Skanska USA Civil Inc., The Beck Group Inc., The Weitz Company Inc., Mortenson Inc., The Boldt Company, Webcor Builders Inc., The Opus Group, The Korte Company, The Christman Company, The Barton Malow Company

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What Is Covered In The Nonresidential Green Buildings Global Market Report?

•Market Size Forecast: Examine the nonresidential green buildings market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the nonresidential green buildings market for a structured understanding.
•Key Players Overview: Analyze major players in the nonresidential green buildings market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nonresidential green buildings market.
•Segment Contributions: Evaluate how different segments drive overall growth in the nonresidential green buildings market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nonresidential green buildings market.
•Industry Challenges: Identify potential risks and obstacles affecting the nonresidential green buildings market.
•Competitive Landscape: Review strategic developments in the nonresidential green buildings market, including expansions, agreements, and new product launches.

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