Green Building Market Headed?
Where is the World-wide Green Building Industry Headed?
Study Finds Global Green Constructing is anticipated to Double by 2018. The global inexperienced constructing is predicted to double each a few many years, in accordance to your Dodge Info & Analytics World Eco-friendly Developing Trends 2016 SmartMarket Report?
Conducted in 70 countries, the report found that emerging economies like China, India and Brazil will be engines of green growth, with development varying from twofold to sixfold over current eco-friendly creating levels. Increased consumer demand has also pushed the world’s environmentally friendly building market to your trillion-dollar market, a surge that has led to some corresponding increase in the scope and size of the eco-friendly constructing materials market, which is expected to reach $234 billion by 2019.
How is LEED doing?
LEED, or Leadership in Energy and Environmental Design, will be the world’s most widely used environmentally friendly constructing rating system. The United States, the place LEED originated remains the world’s largest market for LEED.
Currently, there are more than 82,000 commercial projects participating in LEED, totaling more than 1.4 billion GSM of space worldwide. An additional 112,000 residential units have been certified under LEED Homes. An estimated 170,000 GSM of space achieves LEED certification every day in more than 162 countries and territories across the globe.