Green Roof Market Overview:
According to the latest report by IMARC Group, titled “Green Roof Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global green roof market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global green roof market reached a value of US$ 1.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2027, exhibiting a CAGR of 15.4% during 2022-2027.
A green roof, or vegetated roof, incorporates multiple layers on the traditional roof, such as a waterproofing membrane and protective coating. It helps retain and modify rainwater’s temperature and acts as a natural filter. It is beneficial for homeowners in improving the aesthetic features and air quality. It promotes the usage of recycled materials as a growing medium. It offers several benefits, such as reducing energy and greenhouse gas emissions, enhancing stormwater management, and decreasing heat by regulating the temperature of the roof and the surrounding areas.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The global market is majorly driven by the increasing awareness regarding these systems across various application areas. In line with this, the rising adoption of green roofing materials, especially in residential areas, is significantly contributing to the market across the globe. Furthermore, the global tax benefits offered by various governments to private companies are positively influencing the market.
Apart from this, the implementation of regulations on installing solar photovoltaic systems, living roof systems, or a combination of both are creating a positive outlook for the market. Besides this, the rapid expansion of the residential construction sector and increasing investments in the infrastructural development projects by private and public sectors are strengthening the market growth.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these 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
Key Market Segmentation Breakup by:
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Also Read: Green Cement Market Research Report 2022-2027: https://www.imarcgroup.com/request?type=report&id=4540&flag=C
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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Also Read: Green Roof Market Research Report 2022-2027: https://techycons.com/green-cement-market-analysis-share-size-report-2022-2027/