The cannabis industry is worth a whopping $16.9 billion and a large portion of that is for more than just recreational use. The use of hemp as an industrial building material may not occur to many at first, however, the strength in comparison to steel cannot be ignored. It’s also on par with fiberglass when it comes to sustainability. Products such as hempcrete pave the way for builders and developers to ease sustainable building practices into their projects and opens the door for other sustainable products too.
Sustainability Gains New Heights
Green Village in Bali epitomizes green living of the future, as the structures are all natural but provide modern amenities such as electricity and air conditioning. Green Village is the perfect showcase of what can be done with bamboo, one of the most sustainable resources on the planet. Although bamboo might be lightweight, it can carry a heavy load and responds to natural conditions quite well thanks to its flexibility. Not only does it grow faster than wood, but bamboo also has other natural qualities that make it a good choice when developing a community of homes or buildings, such as its hypo-allergenic nature.
Industrial Hemp Gets the Legal Nod
As the benefits of industrial hemp become more apparent, regulations are lifting and farmers are finding ways to expand on their current farming operations. The benefits of industrial hemp in property developments are apparent too, as it’s not only products such as hempcrete that provide a sustainable base. These will prove valuable on the interior, as hemp can produce anything from batteries and rope through to textiles and furniture. Not only does hemp require less water and bleach to process, it also grows faster than cotton. Furthermore, hemp has far less of an impact on the environment than plastic, and hemp plastic seems to be making its own splash.
The Rise of Thermochromics
One of the biggest stars in property developments of late is the use of smart glass. The multi-layered glass and low emissivity allow the glass to maintain temperatures, which drastically reduce the need for temperature control. Thermochromics allow homeowners to manage their properties without having to use electricity or anything that is not environmentally friendly. The recent push in eco developments has seen an increase in demand for smart glass, and the market is expected to reach its prediction of a 14.7% CAGR growth over the period 2015 to 2021. Strong new favorites are lining up as the building materials of the future as eco-friendly property developments become the new normal.