Nonresidential Green Buildings Market Growth Accelerates: Strategic Forecast Predicts $2085.56 Billion by 2029

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What Will the Nonresidential Green Buildings Industry Market Size Be by 2025?
In recent times, the market size of nonresidential green buildings has witnessed rapid expansion. A leap from $1160.93 billion in 2024 to a notable $1290.83 billion in 2025, marking a compound annual growth rate (CAGR) of 11.2%, is predicted. The expansion during the historic period is primarily driven by rising environmental consciousness and regulations, enhanced energy efficiency, and potential cost savings. Other factors include corporate social responsibility (CSR) initiatives, a focus on the health and productivity of occupants, and aspects such as market differentiation and brand image.

What's the Long-Term Growth Forecast for the Nonresidential Green Buildings Market Size Through 2029?
In the foroming years, the market size of nonresidential green buildings is anticipated to experience a brisk expansion. The market is projected to reach a valuation of $2085.56 billion in 2029, progressing at a compound annual growth rate (CAGR) of 12.7%. This growth over the predicted period can be credited to factors like strict standards for green buildings, global objectives for mitigating climate change, an upsurge in demand for healthier workplace environments, financial rewards, and tax benefits, as well as evolving preferences of tenants. Dominant trends over the forecast period encompass measures for water conservation, principles of the circular economy, goals for attaining carbon neutrality, designs focused on health and wellness, and government incentives and regulations.

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What Are the Key Growth Drivers Fueling the Nonresidential Green Buildings Market Expansion?
The growth of the nonresidential green buildings market is being propelled by the rising demand for sustainable and environmentally friendly solutions. The U.S. Green Building Council's report revealed that green buildings can diminish carbon emissions by 34% while consuming 25% less energy than traditional buildings. For example, the National Association of Convenience Stores (NACS), a trade association for the convenience and fuel retailing industry in the U.S., reported in April 2024 that there was a notable increase in consumer concern regarding the environmental impact of their purchases - 80% of consumers in 2024, up from 68% in 2023 and 66% in 2022. Hence, the escalating demand for sustainable and environmentally friendly solutions is a key driver in the expansion of the nonresidential green buildings market.

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What Are the Key Trends Driving Nonresidential Green Buildings Market Growth?
The trend of incorporating green roofs, also known as living roofs, into eco-friendly buildings is on the rise. A green roof refers to the top of a building that is filled with soil and vegetation, layered over a waterproofing membrane. These types of roofs outlast traditional roofs and offer numerous benefits such as decreased energy costs due to their natural insulation properties, mitigation of hot and cold temperatures through absorption and capture, reduction of storm water runoff, air purification by filtering pollutants and carbon dioxide, and enhancement of wildlife habitats in urban areas. It's estimated that making 8% of a city's roofs green can lower the city's overall temperature by 2%. In the United States, roughly 25 cities promote the use of green roofs, while in Portland, Ore., all buildings in the city center above 20,000 square feet are required to have 100% roof vegetation coverage, with few exceptions. Thus, the use of green roofs has become a notable trend in the nonresidential green buildings market.

How Is the Nonresidential Green Buildings Market Segmented?
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, Healare, 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 Companies Are Leading the Charge in Nonresidential Green Buildings Market Innovation?
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

Which Regions Are Leading the Global Nonresidential Green Buildings Market in Revenue?
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.

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