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BY Tali Aaron : December 4

Market for Green Building Materials to Grow to $571B by 2013

The US Office of the Federal Environmental Executive defines green building as the practice of
1) increasing the efficiency with which buildings and their sites use energy, water, and materials, and
2) reducing building impacts on human health and the environment through better siting, design, construction, operation, maintenance, and removal — the complete building life cycle.

Green building practices rely on techniques and products that are better for the environment than industry-standard techniques and products. Green building products may include insulation with greater energy efficiency, concrete produced in an environmentally-friendly manner, or wood products from well-managed forests. Green building products are a key market within the global environmental movement.

According to the ABI Research market study "Green Building Products: Cement, Insulation and Wood Products Help Engineer a Greener World," the global market for green building materials (the study focuses on cement, insulation and wood products) will grow from $455.3 billion in 2008 to reach $571 billion by 2013.

Explains Larry Fisher, Research Director of ABI Research’s NextGen research practice, “The most significant driver of growth in the green building materials sector is concern for the environment. While environmental preservation has been a topic of discussion for decades, only recently has the level of concern for the environment driven governments, manufacturers and consumers to respond.”

Many products classified as “green” have been on the market for many years. For example, the engineered wood product Oriented Strand Board (OSB) evolved from waferboard in the late 1970s, and has virtually replaced other building panels in new residential construction in many areas in North America. “Innovation, particularly in wood and insulation, is a key driver behind the growth of green building products,” Mr. Fisher says.

Mr. Fisher notes the growing role of government in setting environmental building standards and mandating the use of environmentally benign materials. “Regulatory agencies at the national and municipal levels increasingly require the construction of more energy-efficient and sustainable buildings. This is true across the globe, and as awareness of environmental challenges continues to grow, so will the level of governmental involvement in regulating the use of green building products.”

24 Responses to Market for Green Building Materials to Grow to $571B by 2013

  1. buildaroo on November 25, 2012 at 4:59 pm


    Market for Green Building Materials to Grow to $571B by 2013 http://t.co/fvDGzoTY #eco #cleantech #greenbuilding #renewableenergy

  2. buildaroo on June 29, 2012 at 4:16 pm


    Market for Green Building Materials to Grow to $571B by 2013 http://t.co/fvDGzoTY #eco #cleantech #greenbuilding #renewableenergy

  3. Aciron Consulting on June 8, 2012 at 3:44 pm


    RT @cleangreenpro: #GreenBuilding Materials Market to Grow to $571B by 2013 http://t.co/eEbl0Otj #eco #cleantech #renewableenergy

  4. rateitgreen on June 8, 2012 at 3:34 pm


    RT @cleangreenpro: #GreenBuilding Materials Market to Grow to $571B by 2013 http://t.co/eEbl0Otj #eco #cleantech #renewableenergy

  5. buildaroo on June 8, 2012 at 1:53 pm


    Market for Green Building Materials to Grow to $571B by 2013 http://t.co/fvDGzoTY #eco #cleantech #greenbuilding #renewableenergy

  6. buildaroo on November 10, 2011 at 6:08 am


    Market for Green Building Materials to Grow to $571B by 2013 http://t.co/fvDL6YUS #eco #cleantech #greenbuilding #renewableenergy

  7. buildaroo on September 11, 2011 at 4:01 pm


    Market for Green Building Materials to Grow to $571B by 2013 http://t.co/7jHzwuq #eco #cleantech #greenbuilding #renewableenergy

  8. buildaroo on February 18, 2011 at 10:00 am


    Market for Green Building Materials to Grow to $571B by 2013 http://bit.ly/5k2P7J #eco #cleantech #greenbuilding #renewableenergy

  9. Carter on December 10, 2009 at 8:55 am


    I think too many people make the mistake of not being selective because they dont want to be perceived as a pest. Do you agree?

  10. Carter on December 10, 2009 at 4:55 pm


    I think too many people make the mistake of not being selective because they dont want to be perceived as a pest. Do you agree?

  11. wood building materials on December 10, 2009 at 7:04 am


    This is a good sign becasue the more green materials we use the better it is for our environment

  12. wood building materials on December 10, 2009 at 3:04 pm


    This is a good sign becasue the more green materials we use the better it is for our environment

  13. Tim Wirtz on December 7, 2009 at 11:01 pm


    RT @jhunt01: Market for Green Building Materials to Grow to $571B by 2013 ... http://is.gd/5czlB

  14. Jason Hunt on December 5, 2009 at 8:00 pm


    Market for Green Building Materials to Grow to $571B by 2013 ... http://is.gd/5czlB

  15. Twitted by jhunt01 on December 5, 2009 at 12:03 pm


    [...] This post was Twitted by jhunt01 [...]

  16. Resus Consulting on December 5, 2009 at 6:45 am


    RT @buildaroo: Market for #GreenBuilding Products 2 grow to $571 Billion by 2013! http://bit.ly/5k2P7J #green #eco

  17. IDEAbuilder on December 4, 2009 at 8:01 pm


    Market for #GreenBuilding Products to grow to $571B by 2013! Hope its an accurate prediction! http://bit.ly/5k2P7J #green (via @buildaroo)

  18. Heather West on December 4, 2009 at 6:37 pm


    Green Building Products market to grow to $571B by 2013! Hope it's an accurate prediction, http://bit.ly/5k2P7J (via @Heidi61, @buildaroo)

  19. Arron on December 4, 2009 at 5:41 pm


    What a great sign that people are really starting to take the lead in building in a sustainable way. Thanks to organizations like these the word is spreading and spreading fast!

    http://www.calfinder.com/blog/windows/the-big-giant-list-of-energy-efficient-organizations/

  20. Arron on December 5, 2009 at 1:41 am


    What a great sign that people are really starting to take the lead in building in a sustainable way. Thanks to organizations like these the word is spreading and spreading fast!

    http://www.calfinder.com/blog/windows/the-big-giant-list-of-energy-efficient-organizations/

  21. Heidi Schwartz on December 4, 2009 at 4:48 pm


    RT @buildaroo: Market for #Green Building Products to grow to $571B by 2013! Hope its an accurate prediction! http://bit.ly/5k2P7J #eco

  22. AtSite GreenBuilding on December 4, 2009 at 3:18 pm


    RT @buildaroo: Market for #GreenBuilding Products to grow to $571B by 2013! Hope its an accurate prediction! http://bit.ly/5k2P7J #green ...

  23. uberVU - social comments on December 4, 2009 at 12:06 pm


    Social comments and analytics for this post...

    This post was mentioned on Twitter by AtSite GreenBuilding: RT @buildaroo: Market for #GreenBuilding Products to grow to $571B by 2013! Hope its an accurate prediction! http://bit.ly/5k2P7J #green ......

  24. Twitted by buildaroo on December 4, 2009 at 6:52 am


    [...] This post was Twitted by buildaroo [...]

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