Construction Green Cement To Become Billion Dollar Industry in Next Few Years
The industries across the globe are continuously engaging themselves in enhancing environmental sustainability and maintain a pollution free zone in the vicinity. The cement industry is one of the major industries in CO2 emission, accounting for more than 5% of global CO2 emission. The key reason behind the emission is the decarbonation of limestone as well as the enormous amount of energy needed to heat the raw materials.
The global green cement market accounted to US$ 15.55 Bn in 2017 and is expected to grow at a CAGR of 13.3% during the forecast period 2018 - 2025, to account to US$ 42.73 Bn by 2025.
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in commercial sector is foreseen to bolster during the forecast period from 2018 - 2025. Industrial sector on the hand is witnessing a fair demand of green cement as the fly ash cement or slag cement or recycled cements have the capabilities of improving workability, reducing permeability of water as well as various chemicals, and also prevents the infrastructure from acid attacks. These benefits of different types of green cement is expected to drive the green cement market in the industrial sector over the years.
Company Profiles
- LafargeHolcim
- Heidelberg Cement AG
- Anhui Conch Cement Company Limited
- Cemex S.A.B DE C.V
- Votorantim Group, China Resources (Holdings) Co. Ltd.
- Taiwan Cement Corporation
- China National Building Material Co., Ltd.
- Taiheiyo Cement Corporation
- Ecocem
The industries across the globe are continuously engaging themselves in enhancing environmental sustainability and maintain a pollution free zone in the vicinity. The cement industry is one of the major industries in CO2 emission, accounting for more than 5% of global CO2 emission. The key reason behind the emission is the decarbonation of limestone as well as the enormous amount of energy needed to heat the raw materials.