Construction Industry Today

Global Green Cement Market: Expanding at a CAGR of more than 8.7% during 2024-2030

The rapid expansion of green cement production is one of the key trends shaping the growth of the Green Cement Market.
Published 10 September 2024

Market Insights

As per recent research by MarkNtel Advisors, The Global Green Cement Market is estimated to grow at a CAGR of around 8.7% during the forecast period, i.e., 2024-30.

Global Green Cement Market Driver:

Growing Construction of Green Buildings to Amplify Market Growth – The increase in sustainability drive and climate change adaptation across the world is resulting in the rising construction of green buildings, which has created a favorable environment for green cement growth. In healthy and efficient green buildings, integrated and comprehensive processes and approaches are implemented during the planning, design, and construction phases of a building’s lifecycle to satisfy this holistic perspective. The utilization of green cement in green buildings exemplifies a sustainable construction approach. Green cement, produced with reduced carbon emissions and environmentally friendly raw materials, aligns with the eco-conscious principles of green buildings. This eco-friendly alternative contributes to lower environmental impact, improved energy efficiency, and a reduced carbon footprint in the construction industry. These factors lead to the increased adoption of green cement in the construction of green buildings.

Moreover, the national governments in the UK, India, the US, China, etc., are increasingly promoting the construction of green buildings to reduce carbon emissions from the construction sector by providing incentives, tax credits, and regulatory support. This heightened support from the authorities would result in the increased construction of green buildings in the world in the coming years, resulting in a surging requirement for green cement, thus in turn augmenting the size & volume of the Global Green Cement Market.

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Market Segmentation and Consumer Behavior:

By Type

  • Ekkomaxx Cement - Market Size & Forecast 2021-2030F, USD Million
  • Geopolymer Cement - Market Size & Forecast 2021-2030F, USD Million
  • Others (Sequestrated Carbon Cement, Superheated Steam Cement, etc.)- Market Size & Forecast 2021-2030F, USD Million

By Raw Material

  • Fly Ash- Market Size & Forecast 2021-2030F, USD Million
  • Slag- Market Size & Forecast 2021-2030F, USD Million
  • Recycled Glass- Market Size & Forecast 2021-2030F, USD Million
  • Silica Fumes- Market Size & Forecast 2021-2030F, USD Million
  • Recycled Concrete Aggregates- Market Size & Forecast 2021-2030F, USD Million
  • Others (Bamboo Leaf Ash, Aluminium Sand)- Market Size & Forecast 2021-2030F, USD Million

By End User

  • Residential- Market Size & Forecast 2021-2030F, USD Million
  • Commercial & Industrial- Market Size & Forecast 2021-2030F, USD Million
  • Public Infrastructures (Roads, Bridges, etc.)- Market Size & Forecast 2021-2030F, USD Million

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Green Cement Market Geographical Analysis:

By Region:

  • The Americas
  • Europe
  • The Middle East and Africa
  • Asia-Pacific

Key Players and Competitive Strategies in the Green Cement Market

Several prominent players dominate the Green Cement Market, including:

  • HOLCIM
  • CEMEX, S.A.B. de C.V.
  • Heidelberg Materials
  • Hallett Group
  • SCG (Siam Cement Group)
  • Ecocem
  • Green Cement Inc.
  • Taiheiyo Cement
  • Taiwan Cement Ltd.
  • Euro Cement Group
  • JSW Cement
  • Navrattan Group
  • UltraTech Cement Ltd.
  • Brimstone Energy

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Questions Addressed in this Study

1.What factors are driving the Green Cement Market growth?

2.How is the Green Cement Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Green Cement Market?

4.What is the current size of the Green Cement Market, and how is it projected to change in the future?

5.What is the future outlook for the Green Cement Market in terms of technological advancements and market expansion?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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