Inexperienced Building Market Headed?
Where will be the Worldwide Inexperienced Developing Business Headed?
Examine Finds International Inexperienced Creating is predicted to Double by 2018. The worldwide green constructing is expected to double each and every a few several years, in accordance to a Dodge Info & Analytics World Inexperienced Constructing Trends 2016 SmartMarket Report?
Conducted in 70 countries, the report found that emerging economies like China, India and Brazil will be engines of inexperienced growth, with development varying from twofold to sixfold over current environmentally friendly building levels. Increased consumer demand has also pushed the world’s inexperienced building market into a trillion-dollar market, a surge that has led into a corresponding increase in the scope and size of the environmentally friendly building materials market, which is expected to reach $234 billion by 2019.
How is LEED doing?
LEED, or Leadership in Energy and Environmental Design, is the world’s most widely used eco-friendly building rating system. The United States, where 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 single day in more than 162 countries and territories across the globe.