Green Cement Market Key Vendors, Topographical Regions And Industry Segments By 2025

The global Green Cement market was valued at USD 23.14 billion in 2019 and now is projected to reach USD 40.96 billion by 2026, growing at a CAGR of 8.5%, during the forecast period, 2020–2026. Growing awareness related to reduction in carbon emissions and its detrimental effect on the environment is the key factor responsible for growth of the market during the forecast period.

Currently, the cement industry is encountering significant challenges that comprises depletion of fossil fuels and raw materials. The cement industry is also witnessing rise in demand for cement and concretes owing to rise in construction activities in the residential and commercial space. As the urbanization grows, environmental concerns have given a heads up and is linked with climate change and turmoil in world economy. Cement production averagely releases tonnes of carbon into the atmosphere subsequently rising the rate of pollution on annual basis. As a countermeasure, the concept of green cement is gaining traction.

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