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

 

Paint and Coatings Industry News

Main News Page


Green Building Programs Forecast to Skyrocket

Friday, May 21, 2010

Comment | More

Space covered by green building certification programs will increase from 6 billion square feet worldwide in 2010 to 53 billion square feet by 2020, a new market forecast says.

About 80% of green-certified building space will be in the commercial building sector by 2020, up from 73% today, reports Pike Research, of Boulder, Colo.

For commercial space, most green certifications will go to existing buildings, rather than new construction. In contrast, most of the residential focus will be on green certification of new properties, the company forecasts.

“Green building techniques are increasingly becoming the standard within the architecture and construction industries,” says research analyst Eric Bloom. “There are three major drivers behind green building certifications: environmental responsibility, reducing operating expenses through energy efficiency, and regulatory requirements that mandate energy efficiency and certifications.”

Green building certification programs are becoming increasingly important tools to verify that a building meets a set of “green” criteria, including energy efficiency, sustainable materials selection, site location and indoor environmental quality. In addition to their environmental benefits, certified green buildings can sometimes command higher property values and rents, and green building certification can distinguish certain properties in highly competitive real estate markets, Pike notes.

In addition to the well-known Leadership in Energy and Environmental Design (LEED) program in the United States and the Building Research Establishment Environmental Assessment Method (BREEAM) program in the United Kingdom, there are more than 20 established green building councils around the world, with more than 40 other national-scale groups seeking similar status in the next few years. While LEED and BREEAM will continue to dominate the North American and European green building markets, respectively, Pike Research anticipates that newly developed programs in China and India will represent about 30% of all certified green new construction by 2020.

Pike Research’s study, “Green Building Certification Programs,” analyzes the current market and regulatory conditions related to green building certification programs and provides forecasts for the growth of this industry.

The report includes an examination of green building drivers, barriers, and likely shifts in the underlying construction market. It also features profiles of major industry players,  including detailed descriptions of dozens of green building certification programs around the world. An Executive Summary of the report is available for free download at www.pikeresearch.com.

   

Tagged categories: Green building; Market research

Comment Join the Conversation:

Sign in to our community to add your comments.

Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


CHLOR*RID International Inc.
Free Webinar

Learn about soluble salts, along with a discussion on allowable levels.
More information at
www.chlor-rid.com,

800-422-3217


SAFE Systems, Inc.
Portable Blast &
Recovery Equipment

Trailer or skid mounted blast and recovery equipment. Systems designed for maximum versatility, environmental compliance
and overall cost savings.
Call 1-800-634-7278


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


Sherwin-Williams
Sherwin-Williams Protective & Marine Coatings

With 4,000 distribution points and 3,700+ years of experience, Sherwin-Williams delivers the products, support and expertise you need, right where you need it.


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.


Advanced Recycling Systems
ADVANCED RECYCLING SYSTEMS (ARS)

Recycling Machines, Dust Collectors, Rapid Deployment units are time-tested and approved for the rugged industrial environment. Contact ARS today!
(330)536-8210


Fischer Technology Inc.
MP0R with rotating display screen

Automatic rotating display screen just like your smart phone. Click for Video
Call 800-243-8417


NLB Corporation
VacLance cleans up as you do surface preparation

Add vacuum recovery to any NLB rotating water jet lance with a VacLance attachment and vacuum source. Model DM32283 works vertically, horizontally and in corners.

 
 
 
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