According to IMARC Group latest report titled “Green Roof Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on green roof market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global green roof market size reached US$ 2.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.8 Billion by 2032, exhibiting a growth rate (CAGR) of 13.3% during 2024-2032.
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A green roof, also known as a living roof or vegetated roof, is a sustainable roofing system designed to support the growth of vegetation, such as plants, grass, or even trees, on the top of a building or structure. These roofs are manufactured by layering various materials, starting with a waterproof membrane to prevent water leakage. On top of the membrane, a drainage layer is added to manage excess water, followed by a filter fabric to prevent soil from clogging the drainage system. The importance of green roofs lies in their numerous benefits. They contribute to environmental sustainability by reducing the urban heat island effect and mitigating stormwater runoff, thus alleviating strain on drainage systems.
Market Trends:
The global market is primarily driven by the increasing focus on environmental sustainability and green building practices. Additionally, rapid urbanization and limited space in densely populated areas have fueled the demand for green roofs as a means to optimize available space while enhancing the urban landscape. Moreover, government regulations and incentives in various regions are promoting the adoption of green roofs, which is augmenting the demand for this product in the market. Furthermore, air pollution has become a growing concern in urban areas, the installation of green roofs is seen as a proactive measure to combat air pollution and promote healthier living environments. In line with this, the rising cost of energy and increasing concerns about climate change have led to a growing demand for energy-efficient buildings, impelling the market growth.
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Key Market Segmentation:
Our report has categorized the market based on region, type, distribution channel, and application.
‘Breakup by Type:
- Extensive
- Intensive
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Application:
- Residential
- Commercial
- Industrial
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape:
The report also examines the competitive landscape within the market and offers comprehensive profiles of major key players. Some key players include:
- American Hydrotech Inc. (Sika AG)
- ArchiGreen Roof Ltd
- Axter Limited
- Barrett Company
- Bauder Ltd
- Columbia Green Technologies
- Green Roof Blocks
- Optigrün international AG
- Sempergreen B.V.,
- XeroFlor North America
- ZinCo GmbH.
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IMARC Group is a leading market research firm that provides management strategy and market research worldwide. We work with clients in every sector and geography to identify their most valuable opportunities, address their most important challenges and transform their businesses.
The IMARC Group's information offerings include key market trends, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high technology sectors. Market forecasts and industry analysis in biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and innovative processing methods are among the company's top areas of expertise.
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