PUBLISHER: The Business Research Company | PRODUCT CODE: 1678164
PUBLISHER: The Business Research Company | PRODUCT CODE: 1678164
The construction of non-residential green buildings involves the process of constructing, modifying, repairing, enhancing, or demolishing any non-residential structure intended to be environmentally sustainable, utilizing a comprehensive design and plan.
The primary product categories for non-residential green buildings comprise interior and exterior products. Interior products encompass environmentally friendly materials with minimal impact, such as natural clay plaster, natural fiber flooring, paperless drywall, and low-VOC content paints and coatings. These materials serve as alternatives to synthetic counterparts in the interior finishes of green buildings. Key elements include roofing, insulation, framing, exterior siding, interior finishing, among others, and find applications in various sectors such as offices, education, hotels and restaurants, retail, institutional/assembly, healthcare, and warehouses.
The nonresidential green buildings market research report is one of a series of new reports from The Business Research Company that provides nonresidential green buildings market statistics, including nonresidential green buildings industry global market size, regional shares, competitors with a nonresidential green buildings market share, detailed nonresidential green buildings market segments, market trends and opportunities, and any further data you may need to thrive in the nonresidential green buildings industry. This nonresidential green buildings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The nonresidential green buildings market size has grown rapidly in recent years. It will grow from $1160.93 billion in 2024 to $1299.61 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to environmental awareness and regulations, energy efficiency and cost savings, corporate social responsibility (CSR), occupant health and productivity, market differentiation and brand image.
The nonresidential green buildings market size is expected to see rapid growth in the next few years. It will grow to $2127.25 billion in 2029 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to stringent green building standards, global climate change mitigation goals, rising demand for healthy workspaces, financial incentives and tax credits, evolving tenant preferences. Major trends in the forecast period include water conservation measures, circular economy principles, carbon neutrality targets, health and wellness-centric design, government incentives and regulations.
The growing demand for sustainable and eco-friendly solutions has fueled the growth of the nonresidential green buildings market. According to a report by the U.S. Green Building Council (USGBC), green buildings can reduce carbon emissions by 34% and use 25% less energy compared to conventional buildings. For example, in April 2024, the National Association of Convenience Stores (NACS), a U.S.-based trade association representing the convenience and fuel retailing industry, reported that 80% of consumers expressed concern about the environmental impact of their purchases in 2024, an increase from 68% in 2023 and 66% in 2022. Consequently, the rising need for sustainable and eco-friendly solutions is driving the growth of the nonresidential green buildings market.
The growth of the nonresidential green buildings market is expected to be driven by government mandates on incorporating green technology. Governments worldwide are mandating the use of green technology to address environmental concerns, reduce carbon emissions, conserve resources, enhance energy efficiency, and promote sustainability. For example, in June 2023, Israel took a significant step by making it mandatory for all new non-residential structures to install rooftop solar panels to address electricity demands and achieve its renewable energy objectives. Such regulations are designed to mitigate climate change, improve public health, and foster innovation in the green technology sector. Consequently, government mandates on incorporating green technology are poised to drive the growth of the nonresidential green buildings market in the forecast period.
The adoption of living roofs, also known as green roofs, is on the rise in green buildings. A green roof involves covering the roof of a building with vegetation and soil or a growing medium planted over a waterproofing membrane. Not only do green roofs have a longer lifespan compared to conventional roofs, but they also offer various benefits. These include natural insulation that reduces energy costs, absorption and trapping of temperatures (both heat and cold), decreased stormwater runoff, air purification by filtering pollutants and carbon dioxide, and the creation of wildlife habitats in urban areas. It is estimated that to lower the city's ambient temperature by 2%, 8% of roofs in the city need to be green. In the USA, approximately 25 cities have programs encouraging green roofs, with Portland, Ore., making it mandatory for buildings in the central city over 20,000 square feet (with exceptions) to have 100% vegetation cover on their roofs. Consequently, green roofs are emerging as a trend in the nonresidential green buildings market.
In April 2023, Kohlberg Kravis Roberts & Co (KKR), a US-based investment firm, completed the acquisition of Namsan Green Building for $186.7 million. This strategic move by KKR aims to enhance its portfolio by leveraging Namsan Green Building's expertise in green building projects. Namsan Green Building, based in South Korea, specializes in executing green building projects, particularly for premium commercial buildings.
Major companies operating in the nonresidential green buildings market include Turner Construction Company, AECOM Technical Services Inc., Balfour Beatty Construction Inc., Whiting-Turner Contracting Company, The Whiting-Turner Contracting Company, Lendlease Americas Inc., Gilbane Building Company, PCL Construction Enterprises Inc., Hensel Phelps Construction Co., DPR Construction Inc., HITT Contracting Inc., The Walsh Group LLC, Clark Construction Group, Holder Construction Company, JE Dunn Construction Group Inc., Swinerton Builders, McCarthy Holdings Inc., Suffolk Construction Company Inc., Consigli Construction Company Inc., The Haskell Company, Ryan Companies US Inc., Austin Industries Inc., Skanska USA Civil Inc., The Beck Group Inc., The Weitz Company Inc., Mortenson Inc., The Boldt Company, Webcor Builders Inc., The Opus Group, The Korte Company, The Christman Company, The Barton Malow Company
Asia-Pacific was the largest region in the nonresidential green buildings market in 2024. Eastern Europe is expected to be the fastest-growing region in the global nonresidential green buildings market share during the forecast period. The regions covered in the nonresidential green buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the nonresidential green buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The nonresidential green buildings market construction market includes revenues earned by entities by constructing non-residential green buildings such as offices, sports, college buildings, and other commercial buildings. The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The non-residential green building construction work performed includes new work, additions, alterations, maintenance, and repairs. A Green building is an environment sustainable building which is designed, constructed and operated to minimize the environmental impacts. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Nonresidential Green Buildings Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on nonresidential green buildings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for nonresidential green buildings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The nonresidential green buildings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.