Green building materials demand to expand 13%

Demand for certified lumber, recycled content concrete, green floor coverings, and other efficient fixtures will see double-digit growth through 2015.

05/02/2011


International business research company The Freedonia Group released an industry forecast detailing the growth of demand for green building materials through 2015. According to the report, U.S. demand for green building materials (products which can contribute to LEED credits) will expand 13% annually through 2015, generating sales of more than $70 billion.

The report is entitled “Green Building Materials,” and is available for purchase on the company’s website. It predicts that the demand for green building materials will outpace the growth of building construction expenditures. While this demand will support gains in the construction market, a bigger driver will be the expected rebound in the construction market after low 2010 levels.

Among green building materials, the fastest growing product will be Forest Stewardship Council (FSC)-certified lumber and wood panels. The largest value gains will be seen in concrete products with recycled content, not only because their use will reduce the volume of waste sent to landfills, but because the concrete itself often performs better than traditional concrete. Green floor coverings (including Green Label Plus-certified) account for almost 25% of total market in 2010 and are expected to increase at a double-digit rate annually through 2015.

Efficient plumbing and lighting fixtures are also expected to post double-digit gains through 2015. This is due to improved efficiency, environmental concern, increases in building codes, and the rebound in the construction market.

The report analyzes historical market demand and forecasts for 2015 and 2020 by product, market, and region. The study also considers market environment factors, assesses the industry structure, evaluates company market share, and profiles 39 U.S. companies.

View a summary of the study (PDF).



Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
Exploring fire pumps and systems; Lighting energy codes; Salary survey; Changes to NFPA 20
How to use IPD; 2017 Commissioning Giants; CFDs and harmonic mitigation; Eight steps to determine plumbing system requirements
2017 MEP Giants; Mergers and acquisitions report; ASHRAE 62.1; LEED v4 updates and tips; Understanding overcurrent protection
Power system design for high-performance buildings; mitigating arc flash hazards
Transformers; Electrical system design; Selecting and sizing transformers; Grounded and ungrounded system design, Paralleling generator systems
Commissioning electrical systems; Designing emergency and standby generator systems; VFDs in high-performance buildings
As brand protection manager for Eaton’s Electrical Sector, Tom Grace oversees counterfeit awareness...
Amara Rozgus is chief editor and content manager of Consulting-Specifier Engineer magazine.
IEEE power industry experts bring their combined experience in the electrical power industry...
Michael Heinsdorf, P.E., LEED AP, CDT is an Engineering Specification Writer at ARCOM MasterSpec.
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me