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Green Cement Market
Posted: Jan 09, 2020
The Green Cement Market study performs a detailed analysis of all the significant factors impacting the market on a global and regional scale, including drivers, constraints, threats, challenges, prospects, and industry-specific trends. Additionally, the report cites worldwide certainties and endorsements, along with a downstream and upstream evaluation of leading participants.
The Global Green Cement Market report draws accurate insights by examining the latest and prospective industry trends, helping the readers recognize the products and services that are boosting revenue growth and profitability.
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The Green Cement Market is forecasted to grow from USD 21.42 Billion in 2018 to USD 43.59 Billion by 2026, at a CAGR of 8.7%, during the forecast period. The market is primarily driven by the growing construction activities in emerging economies, increased use of alternative fuels from renewable & waste materials and increased efforts to reduce carbon emissions.
Leading Players in the Green Cement Market:
Anhui Conch Cement Company (China), CEMEX S.A.B. de C.V. (Mexico), China National Building Material Co., Ltd. (China), Italcementi (Italy), LafargeHolcim Ltd (Switzerland), CeraTech (India), Calera Corp. (USA), Kiran Global Chems Limited (India), HeidelbergCement (Germany), Navrattan Blue Crete Industries Pvt. Ltd. (India) and others.
Competitive landscape
Green cement is in its introduction stage as several companies are still carrying out research and development activities to improve the properties and capabilities of the product. Due to strict environmental regulations, government initiatives to improve tax conditions and subsidies for the production of green materials, demand is expected to rise further over the forecast period.
Due to the emergence of Limestone Calcinated Clay Cement (LC3) and Frerrocrete technologies to improve the effectiveness of green cement, the green cement market is expected to witness rapid technological developments over the forecast period.
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Glazing Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
- Fly ash based
- Class F
- Class C
- Slag based
- Geopolymer
- Others
Application (Kilo Tons) (Revenue, USD Million; 2016-2026)
- Residential
- Commercial
- Industrial
End-User (Kilo Tons) (Revenue, USD Million; 2016-2026)
- New Construction Activities
- Repair & Maintenance Activities
Further key findings from the report suggest
- The Green Cement Market is forecasted to grow from USD 21.42 Billion in 2018 to USD 43.59 Billion by 2026, at a CAGR of 8.7%, during the forecast period. The market is primarily driven by the growing construction activities in emerging economies, increased use of alternative fuels from renewable & waste materials and increased efforts to reduce carbon emissions.
- The market for fly ash based segment is expected to grow the largest at USD 14.39 Billion in 2026, at a CAGR of 9.6% during the forecast period. The fly ash market has grown as a result of growth in the construction industry, increasing focus on infrastructure and road paving, legal problems related to dumping fly ash, fly ash promotion by governments of different countries, and increasing focus on the use of environmentally friendly products.
- The market for residential segment is expected to grow the largest at USD 20.49 Billion in 2026, at a CAGR of 9.3% during the forecast period. Growing urbanization in emerging economies like India and China is expected to drive growth in this segment over the forecast period with a growing need for environmentally safe buildings. Furthermore, green roof growth due to eco-friendly materials from different manufacturers is also expected to fuel market growth over the forecast period.
Region (Kilo Tons) (Revenue, USD Million; 2016-2026)
- North America
- US
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
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