Clearview Midlands December 2013 - Issue 145 | Page 55
ENERGYEFFICIENCY
GREEN BUILDING MATERIALS
MARKET TO INCREASE
A compound annual growth rate (CAGR)
of 17.9% has been forecast for the green
building materials market through 2016,
driven by the need for enhanced cost
reduction and the increase in initiatives by
government bodies.
The use of green building materials has
remained relatively consistent during the global
recession, and recent figures indicate that
demand is only going up.
Solar power products saw explosive growth
between 2002 and 2012, driven by increasing
installation of rooftop-based solar power
modules connected to electricity distribution
systems.
Going forward, favourable tax incentives and
strong interest in the use of renewable energy
sources will promote demand for LEED-eligible
solar power products.
In recent years, energy efficiency has become
a major global concern, particularly as a result
of global warming and the rapid depletion
of non-renewable power resources. It is
currently estimated, that buildings account
for 40% of total global energy consumption.
This high consumption has prompted several
governments across the globe to form policies
to improve energy efficiency in buildings.
For instance, the US government offers a
tax reduction of US$1.80 per square foot to
building owners who use green materials and
????????????????????????????UL??????)?????????????????????????????????????)?????????????????????????????????)???????????????????????????????)?????????????????????????????????????)????????????????????????????????Q???????)??????????????????????????????????????)???????????????????????????????????()M????????????????)?????????????????)M]%MMA
K?e?5?????????M????)5???????Y?????
?????????????)???????????????????????????+?q?????????????????????????????????) ????????? ?????????? ???????????????)?????????????????????????????????????????)???????????????????????????????????)????????????????
??????
??????)????????????????????????????????=?)???
??????????????????????????????????)??? ??????????q??????????????????????)??????????????????t)]???????????????????????? ???)?????????????????????????????????)????????????????????????!????????)??????????????????????????????)??????????????!???????????????)??????????????? ????????e????????()????????????????????????????????????)?????????????????)??????????????????????????????)????a ???M???d????????????????????????)?????????????????????????????????)???????????????M??????????????????????)???????????????????????????
??????????)?????????]??????????????????????????)??????????????????e???????????????)A????????????????????????????????)??????????????????????????????????)???????????????????????????????????)??????????????????????????????????)Q???e???????????????????????????????)??????????????????????????????????)????????????????????????????? ??????e?)???????e?????????????????????????????????????????????????????????????()?????????????????????????????????????)?????????????]??e?????????????????)????????????e?????????????????????????)??????????????????????????????)??????????Q????e???????????????????)?????????????????????????????)??? ????????????????e???????????)???????????????????????????????????????)?????????????????????????) ????????$??????????????????????)??????????????????????????????????)??????????????????????????????????)??????????????????????????????????)????????????????????????????????????)???????t()