Green Building Materials Will Reach $254 Billion in Annual Market Value by 2020

May 2, 2013

Demand for green buildings, and the materials that go into them, has remained relatively buoyant during the global recession.  Future market growth for green buildings and the commensurate use of green materials will be driven by a combination of policies and regulations that prioritize energy efficiency and green design, the expansion of voluntary certification programs for green buildings, cost reductions for green materials, consumer demand, and growing evidence that green buildings confer quantifiable market advantages.  According to a new report from Navigant Research, the worldwide market for green construction materials will grow from $116 billion in 2013 to greater than $254 billion in 2020.

“Green building materials range from traditional materials that are being revalued for their minimal impacts to advanced technologies that are enabling better passive and active building performance,” says Eric Bloom, senior research analyst with Navigant Research.  “Incremental improvements in materials science, production efficiency within mature product classes, and changes in design and construction practices are all helping to reduce the impacts from the buildings and materials sectors.”

The use of product standards and environmental assessments, along with product and company reporting, will be significant in shaping the green materials market.  Though it can be argued that the current green product labeling landscape is overpopulated, a more select class of standards and tools is emerging, making environmental performance more measurable and more transparent, according to the report.

The report, “Materials in Green Buildings”, reviews the key market and regulatory trends that are contributing to the growing green building market, along with the commensurate growth in green building materials.  Market forecasts, segmented by material element and material type and broken down by world region, are provided through 2020.  The report includes profiles of more than 35 key industry players, along with detailed examinations of worldwide market drivers and barriers and technology issues.  An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Richard Martin

+1.303.493.5483

richard.martin@navigant.com

* The information contained in this press release concerning the report, “Materials in Green Buildings,” is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Register to Receive Updates

Sign up or login to receive free newsletters, research updates, access to webinars, and other analyst content from Navigant Research.

Research News

Rss
The Rise of the Energy Cloud Signals a Fundamental Shift in the Power Sector
The spread of distributed generation offers both challenges and opportunities for incumbent utilities, white paper finds • April 16, 2015 A new white paper from Navigant Research analyzes the emerging energy cloud,…
Read More »
Smart Grid Protective Relay Revenue is Expected to Reach $9.7 Billion Annually by 2024
April 14, 2015Aging infrastructure and workforce shifts are driving the adoption of new protective relay technologies, report finds • A new report from Navigant Research analyzes the global market for advanced protective relays…
Read More »
Stop-Start Vehicles Are Expected to Account for 55 Percent of Vehicles Sold by 2024
April 13, 2015Smoother and faster operation is key to gaining acceptance for stop-start systems in North America, report concludes • A new report from Navigant Research analyzes the opportunities and challenges present in the…
Read More »
Building Commissioning Services are Expected to Reach Nearly $6.6 Billion in Annual Revenue by 2024
April 9, 2015Monitoring-based commissioning is expected to appear in many new buildings over the next 10 years, report finds • A new report from Navigant Research examines the global market for building optimization and…
Read More »
View All News

{"userID":"","pageName":"Green Building Materials Will Reach $254 Billion in Annual Market Value by 2020","path":"\/newsroom\/green-building-materials-will-reach-254-billion-in-annual-market-value-by-2020","date":"4\/19\/2015"}