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Environmental News>

Demand for green building materials increased by 11% annually until 2017.

2013-09-12

Green building has gradually shifted from a niche market to the mainstream. Management systems, government initiatives and financial support mechanisms, coupled with rising consumer awareness, have created pressure in the construction market that compels builders and designers to adopt more environmentally friendly measures.

The resurgence of the construction industry, coupled with increasing consumer focus on environmentally friendly products, will drive demand for green building materials in the United States to grow by about 11% annually to $86.6 billion between now and 2017.

The U.S. construction industry suffered a severe downturn between 2007 and 2012, but the demand for green building materials remained strong. This was because consumers increased their demand for energy-efficient products, most of which are designed to save on water and electricity bills. The benefits of energy saving are directly passed on to end consumers, while also promoting environmental awareness.

Sources: Green Trade Information Network (2013-03-12)

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