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 Market for Communications Subscription Services and Equipment for Upstream Oil & Gas Is Expected to Total Nearly $2.3 Billion in 2025
Exploration and production firms are expected to make more upfront capital investments in privately owned solutions • A recent report from Navigant Research examines communications infrastructure and services for digital oilfield…
Read More »
Navigant Predicts a $1.3 Trillion Market Opportunity Across the Energy Cloud Ecosystem by 2030
A more agile strategic planning approach is needed to help utilities navigate disruption and position for long-term success • CHICAGO – August 25, 2016 – Today, Navigant released Navigating the Energy Transformation, the…
Read More »
Light Duty Plug-in Electric Vehicles Are Expected to Make Up Half of the Global Electric Vehicle Market by 2024
Major automakers are developing plug-in electric vehicles with cost points under $40,000 and increasing drive ranges • A recent report from Navigant Research details the global market for light duty vehicles,…
Read More »
Building Energy Management System Revenue Is Expected to Total Nearly $55 Billion from 2015 to 2024
The transition to the Energy Cloud will redefine the relationship between buildings and energy • A recent report from Navigant Research examines the major trends and market issues expected…
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":"8\/30\/2016"}