Sustainability Emerges as Key Focus in Architectural Coatings Market
BOSTON - Architectural coatings protect and beautify buildings but use tremendous amounts of petroleum, water and energy. Environmental imperatives mean that sustainability of architectural coatings is increasingly vital, and their role in building energy efficiency is growing with the widespread acceptance of building standards such as LEED and NZEB, according to a Lux Research report.
Lux Research designed a proprietary Lux Sustainability Grid that defines sustainability along three dimensions - environmental impact, energy efficiency and resource efficiency - to create a simple "Sustainability Value." Comparing this metric with "Technical Value," Lux analysts mapped out the technologies that will impact the architectural coatings market.