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.

KTA-Tator, Inc. - Corporate Office
KTA-TATOR LABORATORY SERVICES

• Coating failure analysis
• Independent
  comparative testing
• Accelerated
  weathering testing
• Toxic metals testing
• A2LA Accredited
800-245-6379


Dampney Co., Inc.
High Temperature
Stove Paint

• Multiple Colors.
• Prevents rust and corrosion.
• Wood Burning stoves,
fire pits, smokers.
• Aerosol, Quarts,
Gallons, 5 Gallons.


Atlantic Design, Inc.
GOING PLACES YOU ONLY DREAM ABOUT!

We custom design.
We sell new & used.
We upgrade.
We retrofit.
We rent.
What are your equipment needs?
Cleverly simple. Clearly ADI. 866.Call.ADI


Armorthane
Polyurethane and Polyurea Sprayed-On Protection

Buy POLYURETHANE or POLYUREA coatings and spray equipment for years of proven chemical resistance, water- and weather-proofing, and structural improvements.


Trelawny Surface Preparation Technology
Surface Preparation Equipment

Manufacturer of needle scalers, grinders, scarifiers and scabblers. Pneumatic tools for Marine and Construction. US distributor CS Unitec: 800-700-5919


Armakleen Company, The
ARMEX when nondestructive cleaning is critical

The gentle physical propriety of baking soda but yet aggressive cleaning ability is what makes ARMEX the only choice for nondestructive abrasive blasting.


Atlas Material Testing Technology

Helping You Put Your Products To The Test

• Outdoor Accelerated
Weathering
• Laboratory Testing
Services
• Accelerated Weathering
Instruments

www.atlas-mts.com atlas.info@ametek.com


DRYCO
Environmental Controls
Equipment & Service

Temporary climate control equipment. Dehumidifiers,
Heaters, A/C, Power, More…
Toll Free: 866-379-2600

 
 
 
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