Green Cement Market To Witness Growth At A CAGR Of 12.5% During The Forecast Period Of 2022 To 2030

It is estimated for the global green cement market to witness growth at a CAGR of 12.5% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 9.8% during the previous forecast period of 2018 to 2021.

This report on the green cement market details recent developments, trade laws, production analysis, value chain optimisation, market share, and the effects of domestic and regional market participants. It also examines opportunities for new revenue streams, regulatory changes, strategic market growth analysis, market size, category market expansions, application niches and dominance, product approvals, product launches, and geographic trends. Contact We Market Research for an Analyst Brief to learn more about the green cement market. Our staff will assist you in making an informed choice to build your market.

Market Overview:

An important driver of the increase in green cement production is the growing awareness of greenhouse gas emissions associated with cement manufacture, which can reduce such emissions by up to 40%. The production of green cement uses almost 60% less thermal energy than that of ordinary Portland cement (OPC), which results in a greater than 60% reduction in GHG emissions for every tonne of OPC. Additionally, the green cement lowers the "heat island effect" by making concrete more reflective.

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In comparison to OPC, green cement has a 3-4 times stronger corrosion resistance property. Some examples of green cement are sequestrated carbon cement, geopolymer cement, calcium sulfoaluminate cement, ferrocrete, magnesium oxychloride cement, and Ekkomaxx cement. Many businesses involved in the cement industry are investing more money in research and development operations in an effort to enhance the capabilities and qualities of their products.

Global Green Cement Market- Segmentation
The global green cement market is segmented on the basis of product type and application type.

Based on product type, the market is segmented into,
• Fly Ash Based
• Slag Based
• Geopolymer
• Others

Based on application type, the market is segmented into,
• Residential
• Non-residential
• Industrial
• Infrastructure

Global Green Cement Market - Regional Analysis
It is estimated for the region of Asia Pacific to drive the growth of the market during the forecast period. The growing in the technological advancements in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The US region is also estimated to witness a notable growth rate in the market.

Global Green Cement Market - Key Market players
CEMEX S.A.B. de C.V., HeidelbergCement AG, LafargeHolcim, Taiheiyo Cement Corporation, Votorantim cimentos S.A., China National Building Material Company Limited (CNBM), Taiwan Cement Corporation, and Ecocem Ireland Ltd are some of the major players that are driving the growth of the market during the forecast period.

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Among the key elements fueling market expansion are the booming building sector and rising environmental concerns. In comparison to Portland cement that is typically used, green cement dramatically lowers carbon emissions, offers higher functionality, and uses less natural resources in manufacture. There has been a move towards eco-friendly supplies as environmental damage from carbon emissions is becoming more widely recognised. As a result, green cement is widely used in residential, commercial, and industrial building. Furthermore, strict laws and regulations enacted by governments of both developed and developing countries have promoted the use of green cement and the building of eco-friendly structures.

The nation part of the research also lists specific market-impacting variables and domestic market regulation changes that have an affect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

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