With 14% CAGR, GCC Green Cement Market Size US$ 1,869 Million by 2027

IMARC Group's latest report, titled "GCC Green Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the GCC green cement market size reached US$ 847 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,869 Million by 2027, exhibiting a growth rate (CAGR) of 14% during 2022-2027.

Green cement refers to a cleaner alternative to traditional cement produced with the help of a carbon-negative manufacturing process. This cement is produced with technologically advanced processes in which emissions during unit operations are minimized. Green cement is manufactured using various industrial by-products like fly ash, blast furnace slag, aluminosilicates, and recycled industrial waste. With the growing concerns about environmental pollution and climate change, GCC countries are rapidly opting for green cement.

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GCC Green Cement Market Growth:

The GCC region represents one of the leading markets for green cement, which is driven by the various initiatives undertaken by the governments promoting low-cost rural and urban housing schemes. Besides this, with the growing environmental concerns and increasing awareness about the detrimental effects of pollution and carbon emissions, there has been a shift toward eco-friendly resources, like green cement. It is extensively used for constructing structural columns, bridges, dams, and buildings, which are a part of sustainable architectural programs. Additionally, the rising population and rapid urbanization have led to the escalated demand for green cement to enhance the durability and strength of the residential, commercial and infrastructural complexes.

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Breakup by Product Type:

• Fly Ash-Based
• Slag-Based
• Limestone-Based
• Silica Fume-Based
• Others

Breakup by End Use Industry:

• Residential
• Non-Residential
• Infrastructure

Breakup by Country:

• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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