Global Green Cement Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global green cement market in its upcoming report titled, “Global Green Cement Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global green cement market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global green cement market report has been segmented on the basis of product, application and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Cement that uses less energy in its production and produces less carbon emissions is referred as ecofriendly or green cement. It is a form of environmentally-friendly concrete which is made up of concrete wastes such as slag, power plant wastes, recycled concrete, mining and quarrying wastes. Green cement has a lower shrinkage rate and also becomes stronger than traditional cement. Compared with traditional cement, green cement requires less natural materials for production and also releases less carbon dioxide. Structures built by using green cement are fire resistance and also features greater corrosion resistance, substantially higher fire resistance (up to 2400°F).
Growing construction activities owing to increasing population and urbanization, is expected to drive growth of the green cement market. Moreover, availability of raw materials and increasing adoption of the green building concept are key factors expected to drive growth of the global market over the forecast period. In addition, increasing requirement and efforts towards reduction of carbon emissions, owing to current environmental problems acting as a factor expected to further fuel growth of the target market. Furthermore, innovative product development and launch of new flavors by manufacturers is another factor expected to propel growth of this market in the near future. Major players such as CEMEX, LafargeHolcim, Heidelberg Cement are investing heavily on research and development for better and new product development. Additionally, government regulations and norms to control pollution and requirement for supporting green construction, pushing the market towards growth. Recent trend shows that cement manufacturers are continuously trying to achieve more efficient and environmentally-friendly production methods. In 2016, Kiran Global Chems Ltd., launched an environment-friendly cement using patented technology.
Rise in cost of product than ordinary Portland cement is a key factor expected to restrain growth of the global market over the forecast period. The market in North America is expected to dominate the target market in terms of revenue over the forecast period, owing to stringent regulations from government agencies like US Environmental protection agency, Environmental Protection Agency (EPA) to support environment-friendly raw materials. This trend is expected to continue during the forecast period due to the increasing demand for sustainable product. In addition, product improvement and exploration of new technology continue to provide ample number of opportunities to grow.
Global green cement market segmentation:
Segmentation by Product type:
- Fly ash based
- Slag based
Segmentation by Application:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- LafargeHolcim Ltd
- CEMEX S.A.B. de C.V.
- Ecocem Ireland Ltd
- China National Building Material Co., Ltd
- CarbonCure Technologies Inc.
- Anhui Conch Cement Co., Ltd.
- The Siam Cement Group Public Company Limited
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