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Green Cement Market Research Report to 2025 | CEMEX, Italcementi, Calera, LafargeHolcim, Heidelberg Cement
Green Cement Market
Residential sector will lead the global green cement market due to rising population density in urban regions. Demand for residential projects increased substantially which, in turn, has propelled the product market growth. Furthermore, the upward trend in infrastructural development will likely to add to the demand for green cement industry in forecasted timeframe.
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Australia cement industry produces over 10m tons of cementitious materials and in process release around 7.2m tons of greenhouse gas emissions .Increasing population and mounting pressure on housing stock will surge the application of concrete in forecasted time frame. Australian cement manufacturing companies are investing heavily in green cement market owing to rise in environmental concern associated with traditional cement.
North America green cement market is going to witness significant rise due to stringent rules and guidelines by the Environmental Protection Agency (EPA) to support environment-friendly raw materials along with growing consumer demand for a clean source of energy will drive green cement industry growth. With rising concerns over climate change, environmental activists and regional agencies continue to put pressure on the major companies to adopt an eco-friendly approach in the production of cement.
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Globally, cement industries shifted their focus to overcome challenges related to CO2 emissions using best alternative measures. The major participants of green cement market are CEMEX, Italcementi, Calera, LafargeHolcim, Heidelberg Cement, Manufacturers and China National Building Material Company. These companies are also capitalizing heavily on research and development for better and low-cost product development. Government regulations and norms to control pollution and necessity for promoting green construction, are differentiating and integrating the companies’ role across the value chain.
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