But while installations will increase 70 percent to 204 million square meters, costs and lack of validation will limit their rise.
Green roofs and green walls will grow from a $5.3 billion market in 2011 into a $7.7 billion market in 2017, driven by mandates and incentives in cities worldwide, according to Lux Research. But while installations will increase 70 percent to 204 million square meters, costs and lack of validation will limit their rise.
Green roofs will account for $7 billion of the 2017 market, presenting a $2 billion opportunity to suppliers of polymeric materials such as geosynthetic fabrics and waterproof membranes, according to Building-Integrated Vegetation: Redefining the Landscape or Chasing a Mirage?
Green walls, meanwhile, will swell to a $680 million market, using $200 million worth of materials such as self-supporting polyurethane foam growth media.
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