Market Research Report -- Demand for Green Building Materials to Grow 11% Annually Through 2017
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ROCKVILLE, MD, Mar 20 (Marketwire) -- MarketResearch.com has announced the addition of the market research report "Green Building Materials" to their product offering. Through 2017, a rebound in construction activity will propel growth in green building materials demand 11 percent annually to $86.6 billion. In addition to the lift supplied by general construction activity, continuing consumer interest in environmentally friendly products will increase the market share of most green building materials relative to non-green alternatives. Growth in residential construction will promote base demand for such products as carpeting, gypsum board, concrete, and metal building products, while products that contribute to the earning of LEED certification will see an additional boost in sales. Over the forecast period, builders and architects will increasingly opt to earn high levels of LEED certification by specifying the use of materials that earn LEED points. Residential HVAC systems, concrete made with fly ash, and lumber harvested in a sustainable manner can all contribute to LEED certification, and all are forecast to see above-average gains in demand. Solar power products saw explosive growth between 2002 and 2012, driven by increasing installation of rooftop-based solar power modules connected to electricity distribution systems. Going forward, favorable tax incentives and strong interest in the use of renewable energy sources will promote demand for LEED-eligible solar power products. Green building products such as recycled concrete, ENERGY STAR-compliant HVAC systems, and permeable pavement are forecast to see substantial gains through 2017. Recycled concrete will see rising use, as concrete made with fly ash and other additives features superior performance properties and is less costly than concrete made solely from cement and aggregates. Demand for green building systems will be spurred by strong residential demand for ENERGY STAR-compliant HVAC systems that lower utility bills. Permeable pavement demand will be supported by interest in reducing water runoff and minimizing strains on older sewer and water systems. For more information, visit http://www.marketresearch.com/land/product.asp?productid=7407898&progid=85265 Follow us on Facebook http://www.facebook.com/marketresearchdotcom Follow us on Twitter http://www.twitter.com/marketresearch_ About Freedonia Group Inc The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, market share information and profiles of the leading industry players. About MarketResearch.com MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com. Contact: Cindy Frei MarketResearch.com 240.747.3014 firstname.lastname@example.org Copyright 2013, Marketwire, All rights reserved. -0-