Global Green-Roof Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Green-Roof Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Green-Roof is a roof of a building that is enveloped with plants and flora. Plants are placed and fixed over a particular membrane that is waterproofing in nature. It is also popularly known as a living roof. It is said that a green-roof also incorporates extra layers including a root barrier and irrigation and drainage systems. These are a wide range of ends that are served by green roofs. It plays a very important role in soaking up rainwater, offering insulation, constructing a wildlife habitat, and raising gentleness and lessening the level of stress among the masses by offering a pleasant ambience. Besides, it also facilitates in reducing the urban air temperature levels as well as alleviating the heat island effect.

Market Overview:

The latest research study on the global Green-Roof market finds that the global Green-Roof market reached a value of USD 16591.0 million in 2022. It’s expected that the market will achieve USD 44321.98 million by 2028, exhibiting a CAGR of 17.79% during the forecast period.

Market Opportunities

The effectiveness of greenhouse roofs in reducing toxic greenhouse gas emissions from multiple sources is one of the main reasons for the growth of the greenhouse roof market during the forecast period. The construction of industrial, commercial and residential buildings is expected to increase the environmental heat, which in turn is expected to drive the growth of the green roof market.
Green roofs help reduce global warming by lowering the temperature of building roofs, lowering the ambient temperature and the greenhouse gases emitted by air conditioners. The green roof can reduce the use of air conditioning, thereby reducing the emission of Freon and other substances that destroy the ozone layer, and is of great significance for the protection of the ozone layer. Governments around the world have also recognized the benefits of green roofs, which has led to the development of supportive policies to support their development, thereby promoting the development of global markets.
The integration of green roofs and solar photovoltaic systems is an important market trend. It helps in minimizing the emissions of greenhouse gases and ensure sustainable development of buildings. The integration of green-roofs and solar photovoltaic system also ensures enhanced functions and effectiveness through cooling and Shading effects, resulting in high adaptability. This trend has strongly promoted the growth of the green roof industry market.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are SIKA, Optigreen, Hannor Corporation with the revenue market share of 5.44%, 3.57% and 3.52% in 2019.

Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 100 countries around the world and manufactures in over 300 factories. Sika employs more than 25,000 people and generated sales of CHF 8.1 billion in fiscal 2019. At the end of 2019 Sika won the Swiss Technology Award for a groundbreaking new adhesive technology.

Optigreen international AG is specialized on green roofs of all sorts and is one of the market-leading companies for roof greening. Optigreen and its partners green more than two million square meters with different system solutions a year.

Optigreen greens roofs in Germany, Europe and worldwide. Optigreen is one of the market-leading companies in the sector of roof greening in Germany and employs almost 60 people.

Segmentation Overview:

Among different product types, Extensive Green-Roof segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial Buildings segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Green-Roof market covered in Chapter 3:

American Hydrotech
Green Roof Outfitters
Sempergreen
Liveroof
Soprema
Vitaroofs
Intrinsic
Onduline
SIKA
Optigreen
Vegetal
Kuangye Green-Roof
Hannor
Tremco
TAJIMA
ZinCo
ZHEJIANG SOL
Xero Flor
Bauder
Bioroof
Rooflite

In Chapter 4 and Chapter 14.2, on the basis of types, the Green-Roof market from 2018 to 2029 is primarily split into:

Extensive Green-Roof
Semi-intensive Green-Roof
Intensive Green-Roof
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Green-Roof market from 2018 to 2029 covers:

Residential Buildings
Commercial Buildings
Industrial Buildings
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)