Press release
Transformative Trends Impacting the Green Roof Market Landscape: Enhancing Urban Sustainability Innovative Green Roof Projects By Leading Companies
Green Roof Market
How Large Will the Green Roof Market Size By 2025?
The size of the green roof market has seen significant expansion in the recent past. It's projected to escalate from a value of $2.1 billion in 2024, swelling to $2.46 billion in 2025, manifesting a compound annual growth rate (CAGR) of 17.1%. The surge in growth during this historic period can be accredited to increasing environmental consciousness, supportive regulatory environment, urbanization trends, established building codes and standards, as well as concerns regarding energy efficiency.
How Big Is the Green Roof Market Size Expected to Grow by 2029?
The market size for green roofs is projected to experience significant expansion in the upcoming years, with an expected valuation of $4.53 billion by 2029 and a compound annual growth rate (CAGR) of 16.5%. Factors contributing to this projected growth throughout the forecast period include initiatives to combat climate change, strategic urban planning, increasing energy prices, wellness and health movements, and worldwide sustainability objectives. The forecast period is also expected to witness major trends such as technological progress, creation of diverse habitats and ecosystems, improvements in energy efficiency and insulation, increased industry collaboration, and implementation of government incentives and regulations.
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Which Key Market Drivers Powering Green Roof Market Expansion and Growth?
The growth of the green roof market is projected to be fuelled by the surge in the construction of industrial, commercial, and residential buildings. The business involved in designing, developing, and building structures using construction materials defines the construction of these types of buildings. An increase in such constructions may result in heat production and air pollution, which can be inhibited by equipping buildings with green roofs. For example, the US Census Bureau, a governmental body in the US, reported that the construction operations' value escalated from $2.01 trillion in May 2023 to $2.14 trillion in May 2024. Therefore, the escalating demand for construction and infrastructure developments is set to bolster the green roof market.
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Which Fast-Growing Trends Are Poised to Disrupt the Green Roof Market?
Leading firms active in the green roof sector are initiating groundbreaking green roof ventures to boost urban biodiversity, enhance air quality, cut down on energy usage, and encourage eco-friendly architecture. The plan is set to upgrade urban sustainability by employing green roofs, which are useful for stormwater management, air quality improvement, and in mitigating urban heat island effect. For example, Applied Mulch & Soil Inc, which is based in the USA, successfully introduced a groundbreaking green roof project in the Bronx in March 2024, which was a significant contribution to efforts for urban sustainability. The green roof, by offering insulation, can reduce energy expenses related to the heating and cooling of buildings. The project combats the urban heat island effect by cooling the surrounding environment through plant evapotranspiration. The program could also engage local communities in upkeep tasks and learning opportunities connected to green infrastructure.
What Are the Emerging Segments in the Green Roof Market?
The green roof market covered in this report is segmented -
1) By Type: Extensive, Intensive
2) By Distribution Channel: Online, Offline
3) By Application: Residential, Commercial, Industrial
Subsegments:
1) By Extensive: Sedum Green Roofs, Herbaceous Plant Green Roofs, Low-Growing Vegetation
2) By Intensive: Garden Green Roofs, Flowering Plant Green Roofs, Edible Plant Green Roofs
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Who Are the Global Leaders in the Green Roof Market?
Major companies operating in 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.
Which are the Top Profitable Regional Markets for the Green Roof Industry?
Europe was the largest region in the green roof market share in 2024. The regions covered in the green roof market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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