WELLESLEY, MA — A new technical market research report from BCC Research, The U.S. Market for Green Building Materials (ENV007B), says the U.S. market for green building materials was worth an estimated $9.6 billion in 2009, but is expected to increase to nearly $31.4 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 26.7%, according to AZoBuild.com.
The largest segment of the market, structural materials, was estimated to be worth $5.8 billion in 2009, but is projected to rise at a healthy CAGR of 29.2% to reach $21 billion in 2014.
The second-largest segment in 2009, interior materials, is expected to increase in value over the next 5 years at a CAGR of 24%, from $2 billion in 2009 to $5.8 billion in 2014.
The next-largest segment, exterior materials, is projected to rise at a CAGR of 20.6%, from an estimated value in 2009 of $1.9 billion to $4.7 billion in 2014.
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