Global Green Building Materials Market to Reach $406 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

San Jose, CA (PRWEB) June 07, 2010 -- Having originated with a few government constructions, the green building concept is set to become a global phenomenon, transforming from a niche arena to a mainstream concept. Green buildings are transforming the construction industry landscape, including both residential and commercial sectors. Owing to increased awareness of environmental concerns the world over, government mandates and voluntary standards are driving the growth of green buildings, and in parallel the demand for green building materials.

Europe represents the largest market for green building materials as stated by the new market research report on Green Building Materials (http://www.strategyr.com/Green_Building_Materials_Market_Report.asp). Much of the growth in green building materials market is expected to emanate due to increased customer willingness to adopt green practices, coupled with growing pressure to minimize energy consumption from buildings in an effort to curb carbon-dioxide emissions. The US constitutes the second largest market for green building materials. In comparison to developed markets, developing markets are poised to show faster growth. Asia-Pacific is forecasted to be the fastest growing market over the coming years. The growth in developing markets is attributed mainly to improving living standards. Costs, efficiency, and environmental safety would be the driving forces behind the surge in the use of such products.

Green floorings (http://www.strategyr.com/Green_Building_Materials_Market_Report.asp) represent the largest and fastest growing green building materials in the US, followed by green concrete and green roofs. Green floor coverings are eco-friendly green building products that are made from a variety of materials, such as cork, carpet, bamboo, linoleum, ceramic tile, and hardwood. In addition, the practice of planted green roofs (http://www.strategyr.com/Green_Building_Materials_Market_Report.asp) is gaining momentum in several cities in the US. In terms of end-use markets, residential sector constitutes the largest market for green building materials, while non-residential sector represents the fastest growing market.

Key players profiled in the report include American Standards Brands, Andersen Corp., Armstrong World Industries Inc., Bonded Logic Inc., Bridgestone Corp., Ecostar, Compagnie De Saint-Gobain, Georgia-Pacific Gypsum LLC, Johnson Controls Inc., Lafarge SA, Owens Corning, Paveloc Industries Inc., Siemens Building Technologies Ltd., Temple-Inland Inc., Universal Forest Products Inc., and USG Corp.

The report titled “Green Building Materials: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a strategic review of market trends, market drivers, overview of different green building materials available, regional market overview, product launches, corporate initiatives, profiles of major and niche players. The study analyzes market data and analytics in terms of value sales for regions including US, Europe, Asia-Pacific, and Rest of World. Analytics for the US market is broken down by material type (Green Flooring, Green Floorings, Green Concrete, Green Doors, Green Roofs, Green Windows, and others) and by end-use sectors (residential and non-residential).

For more details about this comprehensive market research report, please visit –

http://www.strategyr.com/Green_Building_Materials_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.

Telephone 408-528-9966

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Web Site http://www.StrategyR.com/

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