Global Green Cement Market was alued at $14,947 million in 2016, and is anticipated to reach at $36,481 million by 2023, growing at a CAGR of 14.1% from 2017 to 2023. At present, the global cement industry is facing certain challenges related to growth in enironmental concerns, scarcity of raw materials, and depletion of fossil fuel reseres. It is estimated that, on aerage, a single ton of Portland cement releases approximately 6% of the total global man-made carbon emissions, significantly contributing to the current enironmental issues. This leads to emission of high olume of carbon dioxide and greenhouse gasses, which has enforced seeral builders, goernments, and architects to opt for greener solutions such as deelopment and use of green cement.
The global green cement market is drien by growth in awareness related to reduction in carbon emissions and its detrimental effect on the enironment. In addition, the green cement proides better functionality, requires less natural materials during production, and releases less carbon dioxide than the traditional cement, resulting in higher market penetration during the forecast period. Moreoer, stringent enironment regulations, goernment initiaties to improe tax conditions, and subsidy grants for green materials production are expected to boost the market growth.
The report emphasizes on the different product types of green cement in the market, which include fly-ash based, slag based, recycled aggregates, and others. Based on application, the market is classified into residential, commercial, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, the report highlights arious factors that impact the market growth, such as key driers, restraints, growth opportunities, and the role of key players. It presents the quantitatie data, in terms of both alue and olume, which are obtained from secondary sources, such as company publications, Factia, Hooers, OneSource, and others.
Key Benefits
This report proides an extensie analysis of the current & emerging market trends and dynamics of the global green cement market.
The green cement market trend analysis for all the regions is done by constructing estimations for key segments from 2017 to 2023 to identify the preailing opportunities.
The report assists to understand the strategies adopted by the leading companies in the industry.
This study ealuates competitie landscape of the industry to understand the global market scenario.
Extensie analysis is conducted by key player positioning and monitoring the top competitors in the global market.
Green Cement Market Key Segments:
By Product
Fly-ash Based
Slag Based
Recycled Aggregates
Others
By Application
Residential
Commercial
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
UK
Russia
France
Rest of Europe
CCCCCAsia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
South Africa
Rest of LAMEA