August 7, 2020

Green Cement Market Size, Growth, Trends | Industry Analysis Report, 2020-2025

The latest report pertaining to Green Cement Market provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.

Green Cement Market was valued at USD xx million in 2019 and is projected to reach around USD xx million by 2025, at a CAGR of xx during the forecast period. The base year considered for the study is 2017 and the forecast period is 2019-2025.

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Rising Preference of Innovative Building Solutions that Offer Good Environmental Benefits and Conserve Non-Renewable Resources is boosting the growth of global green concrete market

Scope of Global Green cement Market

Nowadays the application of green concrete has become popular in many countries due to growing awareness regarding sustainable and eco-friendly construction materials. The green concrete can be produced using waste materials as one of its components. It can also be developed using various production processes that are not harmful to the environment. The criteria for green concrete is that the materials used for making it should be sourced from sustainable or “green materials” rather than non-sustainable resources. The use of recycled or waste materials can be considered sustainable as they can lower costs and raw materials as well as reduce landfills. Recently there have been rapid innovations and developments in production of sustainable and eco-friendly construction materials. Due to growing interest in sustainable development and various initiatives ran by the Government bodies many key players in the construction industry are motivated more than ever to use materials that are sustainable or in such a way that their environmental impact is minimal.

Some major key players for global green cement market are Gammon, Wagners, Hanson, Bonded Hudson NY, Metromix, The QUIKRETE Companies, Sika Corporation U.S., Holcim, Hanson Australia Pty Ltd, CeraTech Inc, Eco Green Co., CICO Technologies Ltd., Chryso SAS, BASF, Cemex C.B., Pidilite Industries, The Dow Chemical Company, Rpm International Inc. and Maipei Ltd, among others.

The regions covered in this green cement market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Green cement is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Green cement is a cementitious material made from the industrial excess, which help to reduce the carbon footprint of construction activities. The production of traditional portland cement results in production of several greenhouse gases. In response to growing environmental and economic concerns, engineers, architects, developers and owners are seeking highly efficient, innovative building solutions that offer good environmental benefits and conserve non-renewable resources.

Green Cement Market Segmentation

By Product Type:

Fly Ash Based

Blast Furnace Slag Based, Recycled aggregate, Other

By Application:

Residential, Commercial, Industrial

For instance some green cement manufacturers use 25 to 100 percent fly ash instead of a 100 percent Portland cement mixture. Fly ash is a byproduct of coal combustion and is collected from the funnels of industrial plants that use coal as a power source. It also reduces carbon emission, up to 80 percent less CO2 emissions. Ongoing research in product innovation, untapped markets and government initiatives in environment protection activities may offer lucrative opportunities in forecast period. However, contradictions over strength and other characteristics over conventional concrete may restrain the market growth.

Asia Pacific is Expected to Account a Promising Share of Green Cement Market in Forecast Period

Asia Pacific region is demonstrating a strong growth to the market due to government support in emerging country such as India and China to develop the domestic infrastructure. Many government initiatives are complementing the growth of green cement market in Asia Pacific region. For instance in 2009, the Malaysian government launched the green building index (GBI) to encourage the construction of buildings using green technology, and introduced incentives for owners to obtain the GBI certificate for new or existing buildings.

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