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Demand For Green Building Materials To Grow 13% Annually Through 2015
Demand For Green Building Materials To Grow 13% Annually Through 2015
Source: Builder | May 4, 2011
Demand for green building products - buoyed by increased availability, environmental concerns, stricter building codes, and a rebounding construction industry - is expected to increase by 13% annually to create a $71 billion market in 2015, states to a forecast by the Freedonia Group, a Cleveland-based research firm. According to the study, concrete made from recycled materials is expected to soar by 24% annually between 2010 and 2015. Meanwhile, green floor coverings, which include Green Label Plus-certified carpets and products made from fast-growing natural resources such as bamboo and cork, are expected to grow by nearly 12% annually through 2015. [Read this article]
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