money and resources.”
Hotels consume natural resourc-
es at an extraordinarily high rate
as they are occupied 24 hours a
day, seven days a week. With more than
five billion square feet of space in the U.S.
alone, there is an enormous opportunity
for the industry to transform the impact
of the built environment. A
LEED (Leadership in Energy &
Environmental Design), the world’s
most widely used green building rating
program, has a growing presence in the
hospitality industry – and the number
of LEED-certified buildings is expected
to continue at a strong pace. Currently,
there are more than 1,400 hotels par-
ticipating in LEED representing 638.7
million square feet. Of that, there are
more than 300 LEED-certified hotels
comprising nearly 109.2 million square
feet of space.
According to a recent study by
McGraw Hill Construction, green construction in the hospitality sector has
increased by 50 percent from 2011-2013
and now represents 25 percent of all new
construction in the sector today. USGBC’s
recent Green Building Economic Impact
Study also found that across industries,
green construction is outpacing that of
traditional construction and is poised to
create more than 3. 3 million U.S. jobs
and $190.3 billion in labor earnings by
2018.
The LEED in Motion: Hospitality report highlights how LEED practices and
strategies are flexible, easy to implement,
generate impressive results and can be
integrated into the hospitality industry
throughout the building’s lifecycle, leading to high-performance in human and
environmental health. Incorporating
LEED includes sustainable site development, water savings, energy efficiency,
materials selection and indoor environmental quality.
The report also features LEED-certified
projects from internationally recognized
brands from around the world. These
projects include:
• Marriott Marquis; Washington D.C.;
LEED Gold
•ITC Windsor; Bengaluru, India;
LEED Platinum
•Virgin Hotel Chicago; Chicago,
Illinois; LEED Gold
•The Nines, Pebblebrook Hotel
Trust/Starwood Hotels & Resorts
Worldwide; Portland, Oregon,
LEED Silver
•MGM City Center; Las Vegas,
Nevada - Aria Hotel, LEED Gold;
Vdara Hotel, LEED Gold; Mandarin
Oriental, LEED Gold
• Tambo del Inka Hotel; Urubamba,
Peru; LEED Certified
•Heritance Kandalama Hotel;
Dambulla, Sri Lanka; LEED
Certified
•Clark & Grand Hotels Complex
(Hyatt Place, Fairfield Inn & Suites
and Aloft Hotel); Chicago, IL; LEED
Platinum
•OXO 69/Sustainable Properties
Fund; Bogotá, Colombia; LEED
Platinum.
Global Titanium Dioxide
Market Set To Reach $17
Billion by 2020
Zion Research has published a new report titled “Titanium Dioxide Market
for Paints & Coatings, Plastic, Paper
and Other Applications: Global Industry
Perspective, Comprehensive Analysis and
Forecast, 2014 – 2020.” According to the
report, global demand for titanium dioxide was valued at $13.50 billion in 2014,
and is expected to reach $17 billion in
2020, growing at a CAGR of above 3. 5
percent between 2015 and 2020. In terms
of volume, the global titanium dioxide
market stood at 6.00 million tons in 2014.
The global titanium dioxide market
is mainly driven by increasing demand
for lightweight vehicles in the automobile industry especially in the developed
countries like U.S., Germany and France.
Secondly, growing demand for lightweight vehicles has resulted into increase
in need of paints and coatings process.
This in turn has been resulted into emergence of paints and coating industry.
Stringent environmental regulations are
a major restraint to growth of the global
titanium dioxide market.
The global titanium dioxide market
on the basis of the application is segment-
ed as paints and coating, plastics industry,
paper industry and others (including ar-
tificial fibers, inks). The paints and coat-
ings industry was the largest application
segment among the other segment. Paints
and coating application accounted over
50% of the overall share of the market in
2014. Increasing construction industry is
attributed to the paints and coating appli-
cation is projected to propel the titanium
demand during forecast period. In addi-
tion, plastic industry is one of the fastest
growing applications. The growth is at-
tributed to characteristics offered by tita-
nium dioxide such as excellent strength,
great finishing and color effects, as well as
outstanding opacity of the end-product.
Asia Pacific dominated the global titanium dioxide market and accounted for
over 40 percent of the total share of the
market, in 2014. This trend is estimated to
continue throughout the forecast period.
However, Asia Pacific is anticipated as a
fastest growing region over forecasted period as a result of high growth in several
end-use industries especially in emerging
economies like India and China. North
America was the second largest region
followed by Europe.
Some of the key players in the global titanium dioxide market include Chemours
Company, CRISTAL, Kronos Worldwide
INC., DuPont, Huntsman, Evonik, Argex
Titanium Inc, Pangang Group Vanadium
Titanium & Resources Co., Ltd., Yunnan
Dahutong Industry & Trading Co., Ltd
and Tronox limited.
Innovations in Acrylic-Based
Wood Coatings Will Drive
Global Furniture Wood
Coating Market Through
2019
According to the latest research study released by Technavio, the global acrylic-based wood coatings market is predicted
to reach close to $4 billion in revenue
by 2019.
This research report titled “Global
Furniture Wood Coatings Market 2015-
2019” provides an in-depth analysis of
market growth in terms of revenue and
emerging market trends. This market
research report also includes up to date
analysis and forecasts for various market
segments and all leading countries.