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Green Cement Market Growth Fueled By Climate Awareness And Carbon Emissions Reduction Efforts Driving Market Acceleration in the Green Cement Industry, 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Green Cement Market Size By 2025?
In recent times, the market size of green cement has remarkably increased. The market is projected to escalate from $32.57 billion in 2024 to $35.51 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The historic growth can be credited to heightened awareness of sustainability, increased demand for materials with lower carbon footprints, supportive governmental policies for green buildings, rising worry regarding greenhouse gas (GHG) emissions, and growing demand from the residential construction sector.
How Big Is the Green Cement Market Size Expected to Grow by 2029?
Over the upcoming years, the green cement market size is projected to witness swift expansion, with a valuation of $52.15 billion anticipated by 2029, marking a compound annual growth rate (CAGR) of 10.1%. This growth during the projected period can be linked to accelerated urbanization in emerging economies, escalating industrial actions, booming infrastructural developments as well as enhanced consumer inclination towards eco-friendly constructions, along with the escalating demands within the residential building sector. The forecast period is going to be characterized by significant trends such as breakthroughs in green cement technologies, the implementation of carbon capture and utilization (CCU) in cement fabrication, the adoption of circular economy methodologies, the application of carbon labelling in building materials, and joint research and development endeavors.
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Which Key Market Drivers Powering Green Cement Market Expansion and Growth?
The surge in understanding about the need to lower carbon emissions and its harmful consequences is likely to drive the expansion of the green cement market. The considerable contribution of the cement sector to CO2 emissions and its negative impact on human health have fueled the trend towards utilizing green cement. For example, a study released by the International Energy Agency in 2022 revealed that worldwide energy-related carbon dioxide (CO2) emissions grew by 0.9%, equating to 321 million metric tons, reaching a new peak of over 36.8 gigatons. Furthermore, in February 2022, per the Environmental Protection Agency, a US government body, the total increase in greenhouse gas emissions had surged by roughly 78%, with the burning of fossil fuels and industrial activities contributing to roughly 90% of the rise globally. Around the world, communities are investing in green cement to lessen their emissions contribution and increase their use of sustainable building materials, hence this is anticipated to spur the demand for green cement in the coming years.
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Which Fast-Growing Trends Are Poised to Disrupt the Green Cement Market?
Leading firms in the green construction market are committed to creating innovative products that boost sustainability, minimize environmental harm, and increase energy efficiency. This is part of a wider plan to aid in the construction industry's decarbonization within the region. Hoffmann Green Cement Technologies, a cement company based in France, for example, revealed in June 2024, its plan to build H-KSA 1, its maiden production unit in Saudi Arabia. This undertaking symbolizes an important growth for Hoffmann Green as it broadens its global footprint and solidifies its pledge to supply innovative and eco-friendly building materials.
What Are the Emerging Segments in the Green Cement Market?
The green cement market covered in this report is segmented -
1) By Type: Fly-Ash Based, Slag Based, Recycled Aggregates, Other Types
2) By Application: Residential, Commercial, Industrial
3) By End User: New Constructions Activities, Repair And Maintenance Activities
Subsegments:
1) By Fly-Ash Based: Class F Fly Ash, Class C Fly Ash
2) By Slag Based: Ground Granulated Blast Furnace Slag (GGBFS), Other Slag Types
3) By Recycled Aggregates: Recycled Concrete Aggregates (RCA), Recycled Glass Aggregates
4) By Other Types: Alkaline Activated Cement, Bio-Based Cement, Geopolymer Cement
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Who Are the Global Leaders in the Green Cement Market?
Major companies operating in the green cement market include Associated Cement Companies Limited, Anhui Conch Cement Company Limited, Solidia Technologies Inc., Taiheiyo Cement Corporation, UltraTech Cement Limited, Votorantim Cimentos S. A., Ecocem Ireland Ltd., HeidelbergCement AG, Kiran Global Chems Limited, Navrattan Blue Crete Industries Pvt. Ltd., Taiwan Cement Corporation, China National Building Material Group Co. Ltd., Navrattan Group, Italcementi S. p. A., CarbonCure Technologies Inc., Sociedad Anonima Bursátil de Capital Variable, CRH Public Limited Company, Hallett Group, JSW Cement Ltd., Calera Corporation, CeraTech Inc., Green Cement Inc., Holcim Ltd., Ecoplus Industries Pvt. Ltd., Carbon Clean Solutions Ltd., Blue Planet Systems Corporation, Novacem Ltd., Calix Limited, Zeobond Pty Ltd., Ashcrete Technologies Inc., Green Island Cement Company Limited, Cenin Cement Limited, Banah UK Ltd.
Which are the Top Profitable Regional Markets for the Green Cement Industry?
North America was the largest region in the green cement market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green cement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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