Green Cement Market Leading Companies are Holcim Ltd., Jaypee Group, Cemex, Eurocement group, Sinoma International Engineering Co., Ltd, and Lafarge Cement Company.

Global green cement market size was valued at US$ 21.43 billion in 2018 and is expected to witness a CAGR of 8.75% during the forecast period (2019-2027), reaching US$ 43.58 by 2026. Increasing demand for an eco-friendly substitute for traditional cement is expected to boost the global green cement market in the near future. Green cement reduces the carbon emission at construction sites by 40%, which is increasing its demand and subsequently driving the market growth.

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Cement is one of the most crucial materials in modern construction industry. It works as the binding material, which keeps other materials such as bricks, steel together intact. Green cement is a relatively new concept yet it has been used widely in the construction industry. As an initiative to reduce environmental threats produced by manufacturing of cement, green cement has opted for construction.

Market Regional Analysis

Among regions, North America is expected to hold a significant market share in the global green cement market, exhibiting CAGR of 9.12% and reaching US$ 15.68 billion by 2026. This is owing to large presence of key players in the region. However, the construction industry in North America is mature, which may hamper the market growth. Asia Pacific is expected to witness significant market growth, owing to increasing demand for green cement from emerging economies such as India and China.

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Market Key Players

Key players operating the global green cement market include Holcim Ltd., Jaypee Group, Cemex, Eurocement group, Sinoma International Engineering Co., Ltd, and Lafarge Cement Company.

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