Global Green Cement Market Expected to Grow at a CAGR of 12.00% During the Forecast Period From 2020 To 2025 - Axiom MRC

Although the cement industry in booming, it faces a number of challenges that include depleting of fossil fuel reserves, scarcity of raw materials, perpetually increasing demand for cements and concretes and growing environmental concerns linked to climate change. With the world production of cement estimated to reach 5 billion tonnes by 2030, there seems to be an alarming situation in the future. Nowadays, cement industries and buildings professionals are advocating for the use of industrial by-products and friendly environmental materials that could mitigate the negative impacts that threaten sustainable development.

Green cement offers greater resistance when compared to OPC and thus rising number of bridges and pavements, nuclear power plants, and other infrastructure projects are being established using green cement. Also, the strength of the green cement rests on the type of industrial waste utilized for the manufacturing processes and therefore differs. Producers of green cement are constantly focusing on advancing technology and engineering processes by means of substantial investments in research and development efforts.

Green Cement Market Key Players:

The major players involved in this market are LafargeHolcim, HeidelbergCement AG, Anhui Conch Cement, CEMEX S.A.B. de C.V., Taiheiyo Cement Corporation, China National Building Material, Votorantim Cimentos S.A., UltraTech Cement Ltd., Taiwan Cement Corporation and ACC Ltd. among others.

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Green Cement Market Outlook:

Rising need for and mounting efforts towards lessening of carbon emissions is inspiring the usage of the fuels derived from renewable materials. The market is also gaining a desire from the government, which is encouraging green architecture to guarantee ecological buildings. The greater resistance to weathering and environmental forces imparted by green cement is also likely to play a vital role in the progress of global green cement market over the forecast period.

In Japan, Portland cement accounts for about 75% of all cement used, and blended cements or green cements account for about 25%. Green cements help control CO2 emissions because some of the Ordinary Portland Cement is replaced with industrial by-products, such as ground granulated blast-furnace slag and fly ash. Moreover, proactive use of blended cement will be important in the future to help control CO2 emissions and ensure effective utilization of resources.

Green Cement Market Segmental Overview:

The global Green Cement market is segmented based on product type, application and geography.

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Green Cement Market by Product Type:

By type, this market is classified into Fly ash, Slag based, Geopolymer and others.

Green Cement Market by Application:

The market finds applications in Residential, Non-residential, Industrial and Infrastructure.

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Green Cement Market by Geography:

Geographically Green Cement Market is studies across North America, Europe, APAC & Rest of the World.

 North America
• United States
• Canada
• Mexico

 Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Rest of the Europe

 Asia-Pacific
• China
• Japan
• India
• Rest of the APAC

 Rest of the World
• Latin America
• Middle East & Africa

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This release was published on openPR.