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Global Green Building Material Market 2012-2016: Lafarge, Owens Corning, and Saint-Gobain S.A. Among Top Vendors
M2 - Thu Nov 07, 6:43AM CST
Research and Markets (http://www.researchandmarkets.com/research/qnc5lt/global_green) has announced the addition of the "Global Green Building Material Market 2012-2016" report to their offering. The analysts forecast the Global Green Building Material market to grow at a CAGR of 17.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for enhanced cost reduction. The Global Green Building Material market has also been witnessing the increase in initiatives by government bodies. However, the lack of awareness of benefits of green building material could pose a challenge to the growth of this market. The key vendors dominating this market space are E.I. du Pont de Nemours and Co. (DuPont), Lafarge, Owens Corning, and Saint-Gobain S.A. Other vendors mentioned in the report are American Standards Brands, Andersen Corp., Armstrong World Industries Inc., Bonded Logic Inc., Bridgestone Corp., CEMEX S.A.B De C.V, Ceratech, Inc., Clean Concrete Technologies, Ecostar LLC, Forbo Holding, A.G, GAF Materials Corp., Georgia-Pacific Gypsum, LLC, Glen Eden Wool Carpet, Inc., Georgia-Pacific Gypsum LLC, HeidelbergCement AG, Holcim Group Support Ltd. , Homasote Co., Marvin Windows and Doors, Mannington Mills Inc, Masco Corp., Mohawk Industries, Inc., Monier Group GmbH, Nichiha Corp. , Norbord, Inc., Novacem Ltd., Paveloc Industries Inc., Pella Corp., PPG Industries, Inc., Rodda Paint Co., Roseburg Forest Products Co., Silver Line Building Products Corp., Serious Materials, Inc., Siemens Building Technologies Ltd., Temple-Inland Inc., Universal Forest Products Inc., and USG Corp. Commenting on the report, an analyst from the team said: 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 percent 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 techniques such as building envelopes, interior lighting, and hot water systems that reduce the energy consumption of buildings up to 50 percent. Also, many states in the US offer incentives for the usage of recyclable items such as windows, doors, roofs, and insulation. These factors are expected to contribute to the growth of the Global Green Building Material market during the forecast period. According to the report, one of the major drivers in this market is the growing need for cost reduction. The increasing use of green building materials can reduce maintenance and replacement cost of buildings. Moreover, using green building materials can also reduce energy consumption, which is a huge benefit for residential and commercial building owners. For more information visit http://www.researchandmarkets.com/research/qn...obal_green About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.