Green Cement Market 2023: Price Analysis (Indicators, Structure, Margin), Value Chain, Size, Share, Report 2028
According to the latest report by IMARC Group, titled “Green Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global green cement market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global green cement market size reached US$ 31.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 63.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.3% during 2023-2028.
Green cement refers to a cleaner substitute for conventional cement that is manufactured by using industrial by-products, including blast fly ash, furnace slag, aluminosilicates, recycled industrial waste, etc. In line with this, it aids in reducing carbon emissions, improving functionality, minimizing the dependency on raw materials during the production process, etc. As such, green cement is generally used in the construction of structural columns, dams, offices, bridges, buildings, etc., that form a part of sustainable architectural programs in numerous countries.
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Global Green Cement Market Trends:
The expanding construction sector and the rising consumer environmental concerns towards the detrimental effect of carbon emissions are among the key factors stimulating the green cement market. Moreover, the growing utilization of eco-friendly resources is acting as another significant growth-inducing factor. Apart from this, the implementation of several stringent regulations by government bodies is propelling the adoption of green cement and the construction of environment-friendly buildings, which is positively influencing the global market. Furthermore, the inflating urbanization levels and the increasing requirement for infrastructures, such as office spaces, shopping malls, theatres, hospitals, etc., are bolstering the market growth.
Besides this, various classes of green cement offer superior features, including better workability, excellent thermal and fire resistance, improved flexural strength, etc., as compared to OPC, which is also augmenting the global market. Additionally, the widespread adoption of recycled materials, locally available minerals, and domestic, agricultural, and industrial wastes by key market players in the manufacturing process is anticipated to fuel the green cement market over the forecasted period.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product Type, End-Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | CarbonCure Technologies Inc., CEMEX S.A.B. de C.V., CRH plc, LafargeHolcim Ltd, Calera Corporation, HeidelbergCement AG, Siam Cement Public Company (SCG), Kiran Global Chem Limited, CeraTech, Taiheiyo Cement Corporation, Anhui Conch Cement Company Limited, Votorantim Cimentos S.A., UltraTech Cement Ltd. and ACC Ltd. |
Competitive Landscape with Top Green Cement Company:
Some of these key players include:
- CarbonCure Technologies Inc.
- CEMEX S.A.B. de C.V.
- CRH plc
- LafargeHolcim Ltd
- Calera Corporation
- HeidelbergCement AG
- Siam Cement Public Company (SCG)
- Kiran Global Chem Limited
- CeraTech
- Taiheiyo Cement Corporation
- Anhui Conch Cement Company Limited
- Votorantim Cimentos S.A.
- UltraTech Cement Ltd.
- ACC Ltd.
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Key Market Segmentation:
Breakup by End-Use Industry:
- Residential
- Non-Residential
- Infrastructure
Breakup by Product Type:
- Fly Ash-Based
- Slag-Based
- Limestone-Based
- Silica Fume-Based
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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