Green Roofs Industry Upsurge Growth At a CAGR of 15.6% with Current Outlook by 2027

Published April 19, 2023

A green roof, also known as a living roof, is a type of roof that is covered in vegetation. Green roofs are becoming increasingly popular as a sustainable building design solution. They offer a variety of benefits, including improving air quality, reducing the urban heat island effect, and reducing stormwater runoff. According to a new report published by Allied Market Research, titled, The global green roof market size accounted for $1.45 billion in 2019, and is expected to reach $4.19 billion by 2027, registering a CAGR of 15.6% from 2020 to 2027. 

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There are two main types of green roofs: intensive and extensive. Intensive green roofs are characterized by a thick layer of soil and vegetation, similar to a traditional garden. They require a lot of maintenance and are typically found on larger buildings. Extensive green roofs, on the other hand, are characterized by a thin layer of soil and low-maintenance vegetation, such as sedums and grasses. They are more common on smaller buildings and are typically easier to install and maintain.

One of the main benefits of green roofs is that they can help to reduce the urban heat island effect. This is the phenomenon where cities are significantly warmer than surrounding rural areas due to the absorption and re-radiation of heat by buildings and other man-made surfaces. Green roofs help to mitigate this effect by providing shade and evaporative cooling, which can lower surface temperatures by several degrees.

Another benefit of green roofs is that they can help to reduce stormwater runoff. In urban areas, impermeable surfaces such as roads and buildings prevent rainwater from soaking into the ground, leading to increased runoff and the potential for flooding. Green roofs can help to absorb and retain rainwater, reducing the amount of runoff and improving water quality.

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Green roofs can also improve air quality by absorbing pollutants and filtering out particulate matter. They can also provide habitat for birds, insects, and other wildlife, helping to promote biodiversity in urban areas.

Leading Players:

The key players profiled in the global green roof market report include Axter Limited, Bauder Ltd, Green Roof Blocks, Optigrun International AG, Sempergreen Group, American Hydrotech Inc, Barrett Company, ArchiGreen Roof Ltd, Onduline Group SAS, and XeroFlor North America.

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