Green Roof Market is expected to rise at annual rate 15.00% in the forecast period of 2021 to 2028 due to the rise in awareness regarding these systems.
On the other hand, lack of proper designing layout and guidelines for the installation of living roofs and low maintenance facilities is expected to obstruct the market growth in the above mentioned forecast period. Unfavorable climatic conditions such as extreme heat are projected to challenge the green roof market.
According to Data Bridge Market Research the market for green roof is hastening because of the rising infrastructure in the city undergoing major roof renovations activities, growing awareness regarding these systems across various application areas and increase in the acceptance of green roofing materials particularly in the residential areas and tax benefits offered to private companies by governments globally. Additionally, the application of regulations on installing solar photovoltaic systems and expansion of residential construction sector, the improved standard of living and increasing investment in the infrastructural development by private and public sectors.
Furthermore, direct product distribution channels merging with third-party maintenance service providers and new product launches extend profitable opportunities to the market players.
Now the question is which are the other regions that green roof market targeting? Data Bridge Market Research has estimated a large growth in Europe because of the research and innovation policies by the European Commission for implementation of nature-based solutions and the funding program for greening measures implemented in the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the rising number of construction activities in countries such as China, Japan and India and rapid urbanization in the region.
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Plant growth regulators market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of green roof companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-green-roof-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Green Roof Market – Industry Trends and Forecast to 2028