The demand for the green roof has risen owing to its advantages which include co2 emissions reduced nois.
Green roof markets.
The global green roof market is segmented on the basis of type application and geography.
The green roof market is growing but there are hurdles facing this promising form of architectural sustainability.
The worldwide market for green roof market is expected to grow at a cagr of roughly 7 0 over the next ten years and will reach us 1 380 4 mn in 2028 from us 699 6 mn in 2018 according to a new market us prudour research study.
Although the market has witnessed a negative impact due to the covid 19 situation the research analysts at technavio expects the green roofs market to recover and grow by usd 8 82 billion during the forecast period.
The overall green roof and wall market attained a value of nearly usd 8 billion in 2019.
The green roofs market research report examines the key questions around the implications of covid 19 and provides a recovery analysis and outlook for the market in focus.
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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.
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.
Green roof also known as living or vegetated roof incorporates multiple layers such as waterproofing membrane and protective layer on the traditional roof.
The market is further projected to grow at a cagr of 9 7 in the forecast period of 2020 2025 to attain usd 13 7 billion by 2025.
A green roof or living roof is a roof of a building that is partially or completely covered with vegetation and a growing medium planted over a waterproofing membrane it may also include additional layers such as a root barrier and drainage and irrigation systems.
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.
The global green roofs market research report by technavio predicts the market to post a cagr of more than 19 during the period 2018 2022.
According to a new report by emr titled global green roof market report and forecast 2020 2025 the global green roof market reached a value of nearly usd 8 billion in 2019.
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