Latest News- Green-Roofs Market: Residential is expected to lead the Application segment during 2025-2029

The Green-Roofs Market is being driven by Reduction in global warming due to green roofs

The Green-Roofs Market is expected to grow at a CAGR of 11.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 8572.9 million. Green-roofs, an eco-friendly building solution, can be enhanced with the integration of solar photovoltaic (PV) arrays, creating bio-solar roofs. This fusion offers a renewable energy component, reducing greenhouse gas emissions and promoting sustainable development. The synergy of these systems offers cooling and shading benefits. Photovoltaic panels protect plants from excessive sunlight and water evaporation, boosting plant growth and facilitating evapotranspiration, which in turn, improves the efficiency of PV panels. However, the integration may result in shaded areas on rooftops. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Residential
  • Commercial
  • Industrial
• Product
  • Extensive
  • Intensive
• Type
  • Sedum and succulents
  • Native grasses and wildflowers
  • Vegetable and herb gardens
• Geography
  • North America
    • Canada
    • Mexico
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • India
    • Japan
    • Singapore
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Reduction in global warming due to green roofs
• Better management of rainwater runoff flow
• Supporting policies

However, the market also witnesses some limitations, which are as follows:

• Increased initial costs and long payback periods
• Competition from alternative products
• Issues due to improper installation of green-roofs

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Market Scope in Green-Roofs Market Research Report

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Research Analysis Overview

The Green-Roofs Market encompasses various eco-friendly rooftop innovations, including hydroponic systems, vertical gardens, and green walls. These systems promote water retention and harvesting, complemented by rooftop solar panels and green building certifications. Urban agriculture and green infrastructure design are integral, reducing stormwater runoff and mitigating heat islands. Carbon sequestration, air pollution control, habitat creation, and native plant selection further enhance their benefits. Green roof policies and regulations ensure their implementation and integration into the built environment.

Market Research Overview

In the global building products market, green roof systems, including vegetative roofs, living roofs, roof gardens, extensive, and intensive variants, represent a significant segment. This market encompasses companies producing building components such as windows and doors, flooring, ceiling and wall fixtures, roofing and gutter materials, insulation materials, cabinets, plumbing fixtures, and home improvement products and equipment. According to Technavio, market size is determined by the combined revenue generated by manufacturers of these building and home improvement solutions. The construction sector's growth, driven by urbanization and infrastructure development in both developed and developing economies, is a primary factor fueling the expansion of the global building products market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/