Press release
Green Cement Market to be Driven USD 46.82 billion by Increasing Adoption of Green Cement Across Globe in the Forecast Period 2022 - 2029
Green Cement Market Overview:The global Green Cement market is driven by growth in awareness related to reduction in carbon emissions and its detrimental effect on the environment. In addition, the green cement provides 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. Moreover, stringent environment regulations, government initiatives to improve tax conditions, and subsidy grants for green materials production are expected to boost the market growth.
The global Green Cement market size was valued at USD 22.10 billion in 2020, and is anticipated to reach at USD 46.82 billion by 2029, growing at a CAGR of 8.7% from 2022-2029.
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Green Cement Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are HeidelbergCement AG, LafargeHolcim Ltd., UltraTech Cement Ltd., Taiwan Cement Corporation, ACC Limited., Taiheiyo Cement Corporation, Anhui Conch Cement., CEMEX S.A.B. de C.V., Ecocem Ireland Ltd., Calera Corporation, and Green Island Cement Limited and Others
Recent Development
March, 2021: Taiheiyo Cement Corporation to set up a new production line at Taiheiyo Cement Philippines starting from April, 2021.
March, 2020: Calera Capital announced the acquisition of Thayer Power & Communication, to upgrade services for the utility and telecommunications industries.
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Green Cement Market Segmentation:
Global Green Cement Market by Product Type, 2020-2029, (USD Million), (Kilotons)
Fly-Ash Based
Slag Based
Recycled Aggregates
Others
Global Green Cement Market by Product Type, 2020-2029, (USD Million), (Kilotons)
Residential
Commercial
Industrial
Others
Growth Factors:
Increasing demand from the Green Cement industries
The growing use of Green Cement in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Green Cement Market
Green Cement Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Key Green Cement Market Trends
- The report identifies, determines, and forecasts the Global Green Cement Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Green Cement Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Green Cement Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Green Cement Market.
Frequently Asked Questions
What are the major factors driving the growth of the green cement market?
What would be the CAGR of green cement market over the forecast period?
What are the challenges affecting the green cement market growth?
Which region will provide more business opportunities for growth of green cement market in future?
Who are the major players dominating the green cement market?
How are the company profiles selected?
What are the segments in the green cement market?
Which segment captures the largest market size in end-user segment in the green cement market?
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