Global Green Cement Market Growth 2023-2029
Green cement is considered as a sustainable construction material owing to significant reduction in carbon footprint associated with manufacturing and use of green cement. Green cement is a class of cements comprising varieties of cement that exhibit functional properties which are at par with conventional cement and do not involve adverse impact on the environment. Green concrete manufacturing process is characterized by relatively lower carbon dioxide emissions as compared to ordinary cement manufacturing. Moreover, with the use of green cement, significant reduction in water consumption to the level of about 20% can be effected. Green cement and concrete market is in its emerging stage and is currently limited to developed countries.
LPI (LP Information)' newest research report, the “Green Cement Industry Forecast” looks at past sales and reviews total world Green Cement sales in 2022, providing a comprehensive analysis by region and market sector of projected Green Cement sales for 2023 through 2029. With Green Cement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Green Cement industry.
This Insight Report provides a comprehensive analysis of the global Green Cement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Green Cement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Green Cement market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Green Cement and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Green Cement.
The global Green Cement market size is projected to grow from US$ 21290 million in 2022 to US$ 48090 million in 2029; it is expected to grow at a CAGR of 48090 from 2023 to 2029.
The demand for green cement is anticipated to witness a spike due to its own benefits. This type of cement is known for reducing the carbon footprint by about 40-50% during its production process. The main reason for the rising uptake of green cement in growing number of construction activities is the fact that it uses less water. Additionally, it provides excellent thermal insulation and superior fire resistance, which enables structures built with green cement to withstand temperatures up to 2400F. As green cement is known to offer unmatched insulation, it also makes the building resistant to moisture, thereby offering it a good protection against corrosion as well.
This report presents a comprehensive overview, market shares, and growth opportunities of Green Cement market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fly-Ash Based
Slag Based
Recycled Aggregates
Others
Segmentation by application
Residential
Commercial
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Anhui Conch Cement
CEMEX
CNBM
LafargeHolcim
Calera
Key Questions Addressed in this Report
What is the 10-year outlook for the global Green Cement market?
What factors are driving Green Cement market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Green Cement market opportunities vary by end market size?
How does Green Cement break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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