Crystal Research Associates has released the first exclusive research report titled ‘Nanotechnology & the Built Environment: the Transition to Green Infrastructure’ for the clients of Livingston Securities as part of a partnership between the two companies.
Unstable energy prices, climate change issues, persistent geopolitical clashes in oil-producing countries and ever-increasing population are driving the demand for energy efficiency, especially for products that can reduce oil dependence, energy costs and consumption and greenhouse gas emissions.
Residential and commercial buildings represent roughly 40% of the total energy consumption in the United States and are responsible for nearly 52% of total CO2 emissions, according to the Inc. Magazine. Hence, ‘greening up’ of the roads, buildings and other infrastructure in the US will be a major challenge as well as a big opportunity.
The report addresses the role of nanotechnology in greening up infrastructure and retrofitting the currently built environment in the United States. The novel technology provides new methods to resolve most of the current environmental, economic, social and infrastructure issues and changes the scenario of almost all the characteristics of the built environment.
The nanomaterials offer significant benefits in terms of environmental footprint and energy consumption. Driven by a widespread new technology and VC-backed startups, the value of the worldwide market for green building materials has attained $156 billion per year.
Jeffrey Kraws, Crystal Research Associates’ Chief Executive Officer stated that the 76-page report discusses the advancements in HVAC systems, water, sensors, smart grid technologies, steel, building-integrated photovoltaics, LED lighting, windows, insulation, bricks and cement. The report features the profiles of more than 100 major investors, research institutions and companies, he added.