A new report by Reports and Data estimates that the Global Green Cement Market will reach USD 43.59 billion from USD 21.42 billion in 2019, delivering a CAGR of 8.7% through 2027. A significant rise in the construction activities in emerging economies, shifting focus towards the adoption of alternative fuels from waste or renewable materials, and growth in initiatives to reduce carbon emissions are the factors driving green cement market growth.
Green cement is gaining massive popularity, as it is an environmentally friendly alternative to the traditionally used Portland cement. The green cement also offers various benefits, such as better functionality, lesser carbon dioxide release than the traditional cement, and requires very few natural materials during the production process.
The green cement industry is at a nascent stage as several companies are still carrying out R&D activities to enhance the capabilities and properties of the product. With strict environmental regulations, subsidies for the production of green materials, and government initiatives to improve tax conditions for the product will supplement green cement market share through 2027. Moreover, the emergence of Frerrocrete and Limestone Calcinated Clay Cement technologies to improve the effectiveness of green cement and other technological developments will also boost industry growth over the forecast period.
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Key companies operating in the market:
Anhui Conch Cement Company (China), China National Building Material Co., Ltd. (China), CEMEX S.A.B. de C.V. (Mexico), Italcementi (Italy), CeraTech (India), Calera Corp. (U.S.), LafargeHolcim Ltd (Switzerland), Kiran Global Chems Limited (India), Navrattan Blue Crete Industries Pvt. Ltd. (India), HeidelbergCement (Germany), Calera Cement, LafargeHolcim Ltd, Solidia Technologies, Inc., Novacem Limited, CeraTech Concrete, and Thomas Concrete, among others.
Type Outlook (Revenue: USD Billion; 2017-2027)
Fly ash based
Slag based
Geopolymer
Others
Application Outlook (Revenue: USD Billion; 2017-2027)
Residential
Commercial
Industrial
End-User Outlook (Revenue: USD Billion; 2017-2027)
New Construction Activities
Repair & Maintenance Activities.
Market Segmentation by Region:
- North America (U.S.A., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Regional analysis covers in-depth assessment of import/export, consumption and production rate, demand and supply dynamics, current and emerging trends, market share, market size, market growth, revenue growth, and strategic initiatives taken by key players in each region. It also provides details about the key factors influencing the market growth in the region such as government regulations, reimbursement scenarios, technological developments, and research and development activities. This provides beneficial information to companies and new players to make strategic business decisions. The market estimates and forecast data have been thoroughly verified through exhaustive primary research.
Key Aspects of the Report:
- Global and region forecast of the Green Cement market from 2021-2027
- In-depth analysis of market dynamics, industry outlook, market size based on types and applications
- Details of value chain analysis, supply and demand ratio, production and consumption patterns
- SWOT Analysis, Porter’s Five Forces Analysis, Feasibility Analysis, and Investment return analysis to provide better understanding of market and competitive players
- Detailed insights on competitive landscape and emerging market trends
- Comprehensive analysis of key market players along with their company overview, product portfolio, business expansion plans, production and manufacturing capacity, and global position
- Regional and country-wise analysis to offer clear understanding of the market growth and revenue growth over the forecast period
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