Green Building Materials Will Reach $254 Billion in Annual Market Value by 2020, Forecasts Navigant Research

  Green Building Materials Will Reach $254 Billion in Annual Market Value by
  2020, Forecasts Navigant Research

Business Wire

BOULDER, Colo. -- 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.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market
research and benchmarking services for rapidly changing and often highly
regulated industries. In the energy sector, Navigant Research focuses on
in-depth analysis and reporting about global clean technology markets. The
team’s research methodology combines supply-side industry analysis, end-user
primary research and demand assessment, and deep examination of technology
trends to provide a comprehensive view of the Smart Energy, Smart Utilities,
Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional
information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated
to assisting clients in creating and protecting value in the face of critical
business risks and opportunities. Through senior level engagement with
clients, Navigant professionals combine technical expertise in Disputes and
Investigations, Economics, Financial Advisory and Management Consulting, with
business pragmatism in the highly regulated Construction, Energy, Financial
Services and Healthcare industries to support clients in addressing their most
critical business needs. More information about Navigant can be found at
www.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.

Contact:

Navigant Research
Richard Martin, +1-303-493-5483
richard.martin@navigant.com
or
Laverne Murach, +1-202-481-7336
laverne.murach@navigant.com