PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Paint and Coatings Industry News

Main News Page


Boom Foreseen for Commercial ‘Green Retrofits’

Tuesday, September 15, 2009

Comment | More

Although the institutional market for energy-efficiency retrofits is booming, higher property values should drive even greater sustained growth in green retrofits for the private commercial sector, new market research says.

Stimulus-driven strong activity in the federal building sector will continue to fuel green retrofit activity in the institutional market through 2013 and beyond, according to a new report from Pike Research, a Colorado-based market research and consulting firm that provides in-depth analysis of global clean technology markets.

 But the nation’s 70 billion square feet of private commercial space represents a $400 billion opportunity, the firm estimates. Private-sector building managers are motivated not only by energy savings, but by the lure of higher property values for green buildings.

 “As the economy recovers, the commercial building sector’s activity mix will shift away from new construction and toward more renovations,” says Pike Research managing director Clint Wheelock.

“In addition to the direct benefits of reducing energy bills, high-performance buildings command premium rental and sales prices. In a struggling and fiercely competitive market, green buildings simply move faster relative to their more conventional counterparts.”

According to the report, commercial building retrofits range from less than $1 per square foot (SF) for a simple energy efficiency program to save 10 percent of energy costs, to $10-$30/SF to save 40 percent of energy costs and enhance occupant performance, to $40/SF for a major renovation. Payback periods, particularly for simple low-cost retrofits, can range between a few months and a few years.

Pike Research’s study, Energy Efficiency Retrofits for Commercial and Public Buildings, provides an in-depth examination of the market opportunities, drivers, barriers, and best practices within the commercial building sector. The report features detailed quantitative analysis of the addressable market for green retrofits, along with forecasts for market growth over the next five years.

An Executive Summary of the report is available for free download at http://www.pikeresearch.com/research.

   

Tagged categories: Commercial Buildings; Commercial contractors; Green design

Comment Join the Conversation:

Sign in to our community to add your comments.

Polyval Coatings
Polyflex® Polyurea Linings

Polyflex ™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.
www.polyflexlinings.com


Mohawk Garnet
Mohawk Garnet™ – North American Hard Rock

Rough around the edges – which is what you want in your abrasive. More information at 1.866.642.7638 or info@mohawkgarnet.com


Thermion Inc
Buy Back Program

We are offering $5,000
credit for your old Model
This drive system is
being discontinued by
the manufacturer.
More information at
thermioninc.com
877.884.3428


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Hydro Utility Penstock Overcoated in 1997. Was power washed and overcoated with major cost saving. No environmental impact with Termarust's low LC50 of 41,007 ppm.


U.S. Zinc
Historic Reliability. Innovative Performance.

Our products are essential ingredients in many materials used around the globe every day. Historic reliability. Innovative performance. U.S. Zinc - Helping the world work™


Novetas Solutions
Number 1 Crushed Glass Abrasive in America!

6 NEW plants coast to coast! Safe for environment, 100% recycled glass. White Metal Finish! No unsafe toxins like Beryllium & Arsenic!
Call 866-775-6226


Blastox/The TDJ Group, Inc.
Blastox - One Step
Lead Abatement

Don't waste $$ on added labor steps with other methods. Don't mix, meter or apply at the job-site. Avoid strict hazardous waste rules.
Let your painters paint!


BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


Clemco Industries Corp.
Powerful Protection in a Small Package

Mounts inside blast helmet, alerts operator to dangerous breathing-air condition by audible, visual, and vibratory alarms. Easily calibrated, battery operated.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com