Green cement is a cementitious material that satisfies the characteristics of ordinary Portland cement by incorporating and optimizing recycled materials, thereby reducing consumption of natural raw materials, water, and energy, resulting in a more sustainable construction material. Moreover, the increase in use of fly ash and limestone in various cement compositions is expected to reduce carbon emissions and the overall cost of production. Green cement is majorly utilized among the residential and commercial construction industries owing to its characteristic to provide protection against extreme weather conditions, high durability, and high compressive strength.
This report projects the trends and opportunities of the global green cement market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.
The market witnessed significant growth opportunities globally, owing to increase in the demand for green cements among the manufacturing and power sector companies. Furthermore, growth in use of green cement in the construction industry as it solidifies, stabilizes, and encapsulates radioactive & metallic wastes is another factor that augments the market growth. In addition, longer life and abrasion resistance properties of green cement are expected to promote the demand in the industrial sector during the forecast period. Moreover, Environment Protection Agency (EPA) promoting Renewable Fuel Standard Program aims to safeguard the environment and maintain the ecological balance. This boosts the requirement of green cement during the forecast period. Furthermore, high adoption rates in developed economies owing to strict regulations will promote product market during the forecast period.
The global green cement market is segmented based on product type, application, and geography. On the basis of product type, it is classified into fly ash based, slag based, and geopolymer. On the basis of application, the market can be segmented into residential, non-residential, industrial, and infrastructure. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key market players in this sector include Cemex, Anhui Conch Cement Company, Ceratech, Siam, Cement Public Company, Heidelberg Cement AG, Kiran Global Chems, Calera Corporation, LafargeHolcim, Italcementi, and Navrattan Blue Crete Industries Pvt., Ltd.
Key Benefits for Stakeholders:
- This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017-2023, which assists to identify the prevailing market opportunities.
- Major countries in each region are mapped as per key trends and opportunities of the market and presence of major players.
- Region-wise and country-wise market conditions are comprehensively analyzed in the report.
- Key players of the green cement market are also listed.
- This study evaluates value chain to understand the competitive environment across geographies.
- An in-depth analysis of segmentation is provide to elucidate the dominant opportunities.
Green Cement Market Key Segments:
By Product Type
- Fly Ash Based
- Slag based
- North America
- Rest of Europe
- Rest of Asia-Pacific
- South Africa
- Rest of LAMEA