The growing awareness about the benefits and introduction of government policies are driving the need for the market.
The global Europe Green Roof Market is forecast to reach USD 3.79 Billion by 2027, according to a new report by Reports and Data. The Europe Green Roof market is projected to increase dramatically over the forecast timeframe as a result of the rising global alert, which in turn stimulates demand for successful natural methods to mitigate rising ambient heat. The effectiveness of Europe Green Roofing in reducing emissions of toxic greenhouse gases in the atmosphere generated by multiple sources is one of the main reasons for Europe Green Roof significant growth during the forecast period. Increasing the development of industrial, commercial, and residential buildings is anticipated to accelerate the heat from the atmosphere, which in turn is supposed to propel Europe Green Roof demand growth. Additionally, government encouragement to the Europe Green Roof to mitigate global warming and release of hazardous greenhouse gasses will help expand the Europe Green Roof market in the coming years. Another factor for success for the Europe Green Roof sector is the job prospects for professional people who can effectively produce Europe Green Roofing.
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Top Lading Players: ZinCo GmbH, Bauder Ltd., Europe Green Roof Blocks, SOPREMA Group, XeroFlor, Bender GmbH Co. KG, Europe Green Roof Technology, Sempergreen, Axter Limited, and Optigreen International AG, among others.
Some Key Highlights from the Report:
- The commercial segment dominated the world industry in 2019, with a record of about 62.43%. The section is expected to expand at a CAGR of 16.7% from 2020 to 2027 further and can be expected to create lucrative opportunities for Europe Green Roofs in malls and office spaces.
- Owing to its fully advanced distribution network industries, powerful analysis capabilities, coupled with a highly qualified workforce and increasing RD initiatives, the U.S. is one of the prominent market nations. Developing applications and strong demand are encouraging producers to focus on new technologies for market expansion.
- The Asia Pacific driven by China, India, and Japan's production may record improvements in revenue with a CAGR of 17.5% by 2027 related to the growing infrastructure and increasing demands for high-quality concrete mix in the region. Rapid urbanization along with raw material availability and cheap labor has led to considerable expansion in the construction of buildings, which is the main driving factor.
- Manufacturers make the distinction of their products based on quality and price, taking into account characteristics such as quality and level of purity. The players are focusing on developing multifunctional applications.
Segments covered in the report:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Extensive
- Intensive
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Retail Distribution Channel
- Wholesale Distributor Business Trend
Application Outlook (Revenue, USD Billion; 2017-2027)
- Residential
- Commercial
- Industrial
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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