IMARC of Digital Journal writes:
Latin American Green Roof Market 2022-2027 Report has been released by Type (Extensive, Semi-Intensive and Intensive); by Application (Residential, Commercial and Industrial); by Region (Brazil, Mexico, Argentina, Chile, Others); and by Market Dynamics, Manufacturing Process, Cost Analysis, Competitive Landscape.
The market study report by Informes de Expertos titled, “Latin America Green Roof Market 2022-2027“, gives structured insights into the market, examining its diverse segments and key variables such as type, application, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.
El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado Latinoamericano de Techo Verde, Informe y Pronóstico 2022-2027′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tipo, aplicación y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.
A green roof, also known as vegetated roof, is topped with flora to improve its environmental friendliness. It also acts as an insulator for structures, absorbing rainfall and regulating stormwater. Green roofing in buildings improves energy efficiency and thermal insulation, resulting in significantly lower building temperatures.
The Latin American green roof market is constantly expanding, owing to increased urbanization and the need to cut carbon emissions, battle urban heat islands, and minimize urban waterlogging. The Latin American green roof market is being driven by government engagement via various policies that favors green building, incentives, restrictions, and so on. International institutions and development institutions are also increasing their federal aid for green building schemes in Latin America.
Key regional markets include Brazil, Mexico, Chile, Argentina and others. Brazil, Mexico and Chile are among the top 10 countries in the world list of buildings registered in LEED – other markets also include Colombia and Peru.
However, constraints such as greater start-up costs when compared to conventional buildings, as well as a scarcity of green building professionals, impede expansion. Green roofs are also becoming more popular in Cordoba, Argentina, where legislation was established in 2016 forcing all rooftops above 1,300 square feet. These all factors are driving the market towards growth progressions in the projected period.
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Read more: Latin America Green Roof Market To Move Towards Expansion Significantly During 2022-2027, Driven By Rise In Biodegradable Goods And Sustainability