Rising Demand For Sustainable And Eco-Friendly Nonresidential Green Buildings: Key Factor Driving The Growth In The Nonresidential Green Buildings Market

The Nonresidential Green Buildings Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Nonresidential Green Buildings Market Size and Its Estimated Growth Rate?
Recent years have seen a rapid expansion in the size of the nonresidential green buildings market. An anticipated growth is expected from $1160.93 billion in 2024 to $1299.61 billion in 2025, equating to a compound annual growth rate (CAGR) of 11.9%. This growth in the historic period is credited to factors such as environmental consciousness and legislation, improved energy efficiency and cost savings, corporate social responsibility (CSR), the health and productivity of occupants, and the differentiation and brand image in the market.

The market size of nonresidential green buildings is projected to experience swift expansion in the upcoming years. It is forecasted to reach $2127.25 billion in 2029, with a CAGR of 13.1%. The anticipated growth in this period can be attributed to strict green building norms, goals to mitigate global climate change, an increase in demand for healthy work environments, financial incentives and tax credits, and changing tenant preferences. The key trends for the forecast period include water saving initiatives, principles of the circular economy, carbon neutrality objectives, health and wellness-focused design, and governmental incentives and regulations.

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How Are Emerging Segments Shaping the Nonresidential Green Buildings Market Landscape?
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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Which Growth Factors Are Influencing Nonresidential Green Buildings Market Expansion?
The nonresidential green buildings market has expanded due to the escalating demand for sustainable and eco-friendly options. As per the USGBC (U.S. Green Building Council) report, green buildings have the potential to cut carbon emissions by 34% and use up 25% less energy compared to conventional buildings. To illustrate, National Association of Convenience Stores (NACS), a U.S. trade association that represents the convenience and fuel retailing sector, indicated that in April 2024, 80% of consumers were troubled by the environmental impact of their buying habits, marking a rise from 68% in 2023 and 66% in 2022. Consequently, the mounting requirement for sustainable and environmentally conscious solutions is fuelling the expansion of the nonresidential green buildings market.

Who Are the Dominant Players Across Different Nonresidential Green Buildings Market Segments?
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

What Nonresidential Green Buildings Market Trends Are Gaining Traction Across Different Segments?
Green or living roofs are becoming a more common feature of eco-friendly constructions. These roofs are characterized by having vegetation and soil or a suitable growing medium planted on top of a waterproof layer covering the roof. Not only do green roofs have a longer lifespan than traditional roofs, they also have numerous environmental benefits. These benefits include serving as a natural form of insulation and thereby reducing energy costs, absorbing and retaining heat and cold to control temperatures, decreasing storm water overflow, filtering contaminants and carbon dioxide from the air, and providing habitats for wildlife in densely constructed areas. It is estimated that the temperature of a city could be reduced by 2% if just 8% of the city's roofs were to be made green. There is an increasing push towards the adoption of green roofs in the USA, with around 25 cities already running initiatives to promote this practice. For instance, in Portland, Ore., all buildings in the city center that are larger than 20,000 square feet are legally required to have 100% of their roofs covered with vegetation, albeit with a few exceptions. As a result, green roofs are becoming a significant trend in the nonresidential green buildings market.

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Which Geographic Regions Are Expected to Dominate the Nonresidential Green Buildings Market in the Coming Years?
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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Nonresidential Green Buildings Market?
2. What is the CAGR expected in the Nonresidential Green Buildings Market?
3. What Are the Key Innovations Transforming the Nonresidential Green Buildings Industry?
4. Which Region Is Leading the Nonresidential Green Buildings Market?

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