Global Green Cement Market Garnered Around USD 24.70 Billion in 2022: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028 | Introspective Market Research

Market Overview:
Global Green Cement Market Size Was Valued at USD 24.70 Billion in 2022, and is Projected to Reach USD 48.44 Billion by 2028, Growing at a CAGR of 10.1 % from 2022 to 2028.

Green Cement is an environmentally friendly type of cement that employs a carbon-negative manufacturing approach. It predominantly utilizes waste materials generated by industries as its primary raw materials. Notably, the production of green cement makes significant use of blast furnace slag and fly ash. The manufacturing process of green cement incorporates advanced technology, ensuring high energy efficiency. As a result, the emission of carbon dioxide during production is considerably low. Studies indicate that this process reduces the carbon footprint by 40%. Green cement benefits from lower production costs due to its reliance on industrial waste as primary raw materials.

Top Key Players Covered in The Green Cement Market:
Lafarge Holcim, Heidelberg Cement AG, Anhui Conch Cement, CEMEX S.A.B. de C.V., Taiheiyo Cement Corporation, China National Building Material, Votorantim cimentos S.A., UltraTech Cement Ltd., Taiwan Cement Corporation, ACC Limited, Ecocem Ireland Ltd., Calera Corporation, Solidia Technologies, Cenin Cement, Green Island Cement Limited, and Other Major Players.

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Market Dynamics:
Driver:
The construction industry has always sought improved, more robust, and sustainable concrete solutions, making green cement an appealing choice. By utilizing industrial waste, minimizing carbon dioxide emissions, and requiring less energy in its production, green cement demonstrates its environmental friendliness. Furthermore, green cement exhibits remarkable resilience and longevity. It showcases exceptional early strength, elasticity, durability, resistance to cracking, and impermeability to chloride. In fact, it possesses three to four times greater corrosion resistance compared to regular cement. These properties make it a viable and advantageous option in the construction industry.

Opportunities:
introducing CO2 during the concrete drying process can enhance the material's strength, reduce cement consumption, and sequester captured CO2. Furthermore, advancements in carbon capture technology would make it more cost-effective to prevent process emissions from entering the atmosphere. These strategies highlight the potential for significant improvements in cement production, both in terms of environmental impact and resource efficiency. It is essential to support and accelerate these developments through increased investment, collaborative partnerships, and the application of innovative technologies.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis.

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Segmentation Analysis Of the Green Cement Market
By Product
• Fly-Ash Based
• Slag Based
• Recycled Aggregates
• Other Products

By Application
• Commercial
• Residential
• Industrial

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Regional Analysis of Green Cement Market
North America is Expected to Dominate the Market Over the Forecast period.
It is anticipated that the adoption of green construction methods in developed nations, coupled with the presence of key industry competitors, will stimulate market growth. According to data from the U.S. Green Building Council, buildings are responsible for around 40% of the nation's CO2 emissions.

By Region
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Key Industry Developments in the Green Cement Market
In July 2022, Holcim reached an agreement with Ol-Trans, the leader in ready-mix concrete in the Gdansk-Sopot-Gdynia area, to acquire its five concrete facilities.

In May 2022, Heidelberg Cement has joined the First Movers Coalition (FMC), a public-private partnership consisting of the United States Department of State, the World Economic Forum, and forward-thinking businesses from several industries.

Read More Press Release: -
https://www.whatech.com/og/markets-research/it/751940-sound-masking-market-continues-to-grow-with-243-45-million-valuation-and-4-cagr-forecasted-for-2022-2028-according-to-a-new-research-report

https://www.whatech.com/og/markets-research/industrial/751937-self-driving-car-market-research-studies-2023-2030-industry-trends-share-size-growth-opportunity-and-forecast

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