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
Revenue from Energy Efficient Buildings in Europe Is Expected to Reach $109 Billion Annually by 2023
November 21, 2014The EU aims for nearly zero energy buildings by 2019, report finds • A recent report from Navigant Research analyzes the European market for residential and commercial…
Read More »
IBM, Cisco Score Highest in Navigant Research Assessment of Smart City Technology Providers
November 19, 2014Successful companies are adapting to the market’s evolution, report finds • A new Leaderboard Report from Navigant Research examines the strategy and execution of 16…
Read More »
Revenue from Smart Grid Technologies is Expected to Reach $70.2 Billion Annually by 2023
November 17, 2014 Deregulation and increased competition are helping to drive smart grid deployments, report finds • A recent report from Navigant Research analyzes the global market for smart grid technologies,…
Read More »
Revenue from High Voltage Transmission Systems is Expected to Reach $31 Billion by 2023
November 13, 2014Economic growth and electrification in China and India are powering demand for HVTSs, report finds • A recent report from Navigant Research analyzes the global market for high-voltage transmission systems…
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?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PikeResearchNewsroom+%28Navigant+Research+%C2%BB+Newsroom%29&utm_content=Yahoo!+Mail","date":"11\/24\/2014"}