The green roof industry has also suffered a certain impact but still maintained a relatively optimistic growth the past four years green roof market size to maintain the average annual growth rate of xx from 2014 market size xx million in 2014 to 2019 market size xx million in 2019 our analysts believe that in the next few years green roof market size will be further expanded we.
Green roof industry trends.
The global green roof market is being driven by the rising demand for manufacturing sustainable products and adopting a greener approach to tackle climate change.
The global green roof market size was valued at usd 1 1 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 17 from 2020 to 2027.
Rise in construction industry rapid urbanization and innovations in technology are the key factors that drive the growth of the roofing market.
The demand for the green roof has risen owing to its advantages which include co2 emissions reduced noise pollution increased lifetime of roofs improved employee health and.
The european federation of green roof associations has collected data about green roofs within europe.
The overall green roof and wall market attained a value of nearly usd 8 billion in 2019.
In addition technological innovations such as green roofing eco friendly roofing materials and drones for roof inspections have increased the demand for roofing products.
According to their 2015 report there was a green roof stock of 86 million square metres in germany in 2014 and about another 8 million square metres were added every year.
Aug 19 2020 super market research via comtex the new report by expert market research titled global green roof market size share price trends.
Global green roof market by type extensive green roof semi intensive green roof and others by application residential buildings commercial buildings and industrial buildings by region and key companies industry segment outlook market assessment competition scenario trends and forecast 2019 2028.
The global green roof market size was worth usd 7 2 billion in the year 2018 and is predicted to grow at a cagr of 17 1 for the period 2019 to 2025.
Pdf march 2019 pages.
Green roof also known as living or vegetated roof incorporates multiple layers such as waterproofing membrane and protective layer on the traditional roof.
The green roof and wall market is further expected to witness a healthy growth in the forecast period of 2020 2025 growing at a cagr of 9 7 to.