Increased use of green building materials in public facilities as a result of government support is a major growth factor for these products around the globe, according to Transparency Market Research.
The global green building materials market is projected to grow 12.5% annually between 2013 and 2019, the firm says. Insulation accounted for the largest product segment with 21% share of the green building materials market in 2012.
Other findings from the report include:
— Green roofs will drive demand for roofing application materials
— Growing demand for glue and paints that are free from volatile organic compounds (VOCs) and carpet tiles manufactured with recycled material will drive the interior finishing application segment
— Non-conventional construction material such as engineered lumber, structural insulated panel, steel with recycled material, and autoclaved aerated concrete will also experience significant growth
Related Stories
Codes and Standards | Apr 17, 2018
Contractor charged with fraud in winning $200 million in federal contracts
Accused of falsely claiming veteran- and minority-owned business status.
Codes and Standards | Apr 16, 2018
Wide variations in adoption of National Electric Code could jeopardize safety
An NFPA report found that code adoption is under heavier political scrutiny, leading to delays and decisions motivated by factors other than safety concerns.
Codes and Standards | Apr 12, 2018
Corruption in New York City construction industry is common
Scale of projects, number of players involved contributes to problem.
Codes and Standards | Apr 11, 2018
Urgent need for government to make communities, infrastructure more resilient
More than 350 people died from extreme weather events in 2017.
Codes and Standards | Apr 10, 2018
Boosting energy efficiency helps reduce health risks
Cleaner air results in fewer heart attacks, respiratory disease, and premature deaths.
Codes and Standards | Apr 9, 2018
U.K. business leaders call for zero-carbon buildings by 2030
Real estate, construction industry executives among those supporting the goal.
Codes and Standards | Apr 5, 2018
In Houston, proposed rules would require building above 500-year flood level
Change would impact 85,739 pieces of property.
Codes and Standards | Apr 4, 2018
New ASTM standard supports stucco use in construction
Provides way to measure tensile strength in vertical applications.
Codes and Standards | Apr 3, 2018
LEED v4.1 O+M for Existing Buildings available for beta testing
Update said to be most inclusive and transparent platform to date.
Codes and Standards | Apr 2, 2018
Experts chosen for ICC, ANCR buildings resilience benchmarks project
Specialists to focus on community preparedness for disasters.
