GLOBAL USE OF GREEN BUILDING PRODUCTS SKYROCKETING
January 25, 2010 on 12:37 am | In Experts Say, Fascinating Information, Investment Opportunities, Problem Solving, Statistics, Trends, Uncategorized, all, green |GLOBAL USE OF GREEN BUILDING PRODUCTS SKYROCKETING
By Jodi Summers
Keep studying those lists of top rated green building products, because global purchasing of green building products will grow to $571 billion by 2013. This growth is more than tenfold from the $455.3 billion spent on green materials in 2008, notes the study by Allied Business Intelligence Research.
“Innovation, particularly in wood and insulation, is a key driver behind the growth of green building products,” observes Larry Fisher, research director of ABI Research’s next generation practice.
“The most significant driver of growth in the green building materials sector is concern for the environment. While environmental preservation has been a topic of discussion for decades, only recently has the level of concern for the environment driven governments, manufacturers and consumers to respond.”
The study notes that businessmen and builders will look toward products with greater energy efficiency produced in an environmentally-friendly manner. Preferred lumber and wood products will come from well-managed forests.
Now if we can only figure out an efficient way to make drinkable ocean water.
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http://www.purchasing.com/article/439362-Buying_of_green_building_products_to_increase.php
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Green buildings will make up about half of the non-residential building stock by 2015, up from about 15% currently, according to a new study from venture capital firm Good Energies Inc.
http://blogs.wsj.com/venturecapital/2010/01/06/half-of-non-residential-buildings-will-be-green-by-2015-study/
Comment by Sari Krieger — January 25, 2010 #