Construction Industry journals like constructiondive.com are tracking just how much “Green” Building materials are being used throughout America’s construction activity. It’s going well, apparently. “Burgeoning green building materials market set to reach $255B by 2020”
- The global green building materials market is on pace to hit $255 billion by 2020, growing at an annual CAGR of approximately 12%, according to a report from Zion Research.
- Zion found the green materials market was valued at $127.5 billion in 2014, with the public facilities, education, commercial and industrial sectors dominating market demand. Public facilities alone represented more than 20% of the total green building materials market in 2014.
- North America and Europe are the two global regions seeing the strongest growth in demand for green building products. In 2014, North America accounted for more than 40% of the total green building materials market, according to the report.
It’s important for us, living in an eco-conscious city like Austin TX, to keep up to date on building materials, and make sure we are using the right tools, adhesives, and materials. If you have a question about “Green” materials or anything else that has you curious about the technological edge in flooring.
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