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Green Cement Market to Reach USD 50.2 B by 2030 at ~6.1% CAGR

07-22-2025 10:35 AM CET | Chemicals & Materials

Press release from: maximize market

Green Cement Market to Reach USD 50.2 B by 2030 at ~6.1% CAGR

◉ Global Green Cement Market Forecast to Reach USD 50.24 B by 2030-33 at ~6-10% CAGR
According to Grand View Research, the global Green Cement market is projected to reach USD 50.24 billion by 2030, growing at a 6.1% CAGR from 2025 to 2030 IMARC Group provides a higher forecast: USD 102.04 billion by 2033 at a 10.20% CAGR . Maximize Market Research reports an estimated USD 33.93 billion in 2023, with an 11.3% CAGR through 2030

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◉ Market Overview & Key Drivers
Green cement, crafted from industrial waste like fly ash, slag, and calcined clays, enables carbon emissions reductions of up to ~40% compared to ordinary Portland cement Demand is propelled by global decarbonization mandates, stricter building codes, and rising adoption in residential and commercial construction . Notably, residential applications accounted for ~44.6% share in 2024, while the commercial segment is expected to grow at ~7.8% CAGR

◉ Competitive Landscape
Major market participants include: Heidelberg Materials / HeidelbergCement AG, Holcim, Ecocem, Kiran Global Chem, Navrattan Group, JSW Cement, UltraTech Cement, ACC Limited, and CarbonCure Technologies These players drive innovation in fly‐ash and slag-based binders, carbon-capture-enabled cement, and geopolymer solutions.

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◉ Regional Demand & Higher Growth Region
North America represented ~36.9% of revenue in 2024, remaining the largest market due to early regulatory action and policy incentives

Asia‐Pacific is the fastest-growing region (CAGR ~8-10%), supported by robust infrastructure expansion across China, India, Southeast Asia, and others

Europe follows with steady growth, spurred by green building codes and CCS projects such as Norway's Brevik cement plant capture initiative

◉ COUNTRY‐SPECIFIC INSIGHTS
Vietnam Opportunity Growth
Vietnam is increasingly sourcing fly ash and slag for green cement in major infrastructure and residential developments, encouraged by government sustainability policies.

Thailand Trends Growth
Thailand's tourism and commercial sectors are driving demand for low-carbon cement, prompting adoption of eco-friendly fly‐ash-based products.

Japan Consolidation Growth
Taiheiyo Cement collaborates with Holcim and Heidelberg on LC3 (Limestone Calcined Clay Cement) projects, reducing CO2 emissions by ~30% as part of sustainable urban initiatives

South Korea Updation Innovation
South Korea is deploying fly-ash blends and scaling carbon-capture techniques, with green provisions increasingly embedded in public procurement frameworks.

Singapore Benchmarking Opportunity
Singapore leads Southeast Asia in demonstration projects using green cement and pilots of low-carbon building materials, positioning itself as a regional innovation hub.

Consolidation Trends in the United States
Holcim spun off its North American operations as Amrize in June 2025, creating a U.S.-listed green cement leader targeting growth via sustainable production and carbon capture expansion

Growth in China Trends
China continues scaling green cement use across infrastructure projects, motivated by national carbon-reduction mandates and vast supply of SCM feedstocks.

Opportunity & Compliance in Europe
European markets like Germany, UK, and Norway emphasize CCS-backed cement production (e.g. Heidelberg's Brevik plant capturing up to 400,000 t CO2/year) as part of net-zero compliance strategies

To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/global-green-cement-market/17148/
◉ Green Cement Market Segment Analysis:
by Product Type
Fly Ash-Based
Slag-Based
Limestone-Based
Silica Fume-Based
Others

by End-User
Residential
Non-Residential
Infrastructure

Green Cement Market is segmented into Residential, Non-residential, and Infrastructure. Due to rapid urbanization and rising population, increased construction activities using sustainable building materials are promoting the development of more energy-efficient residential buildings.

◉ Mergers, Partnerships & Innovation Trends
Navrattan Group, a major Indian industrialist group, invested ₹500 crore in May 2024 to launch Navrattan Green Cement Industries, scaling local production of eco‐friendly binders

Green cement innovation includes LC3 cement technologies lowering CO2 emissions by ~30% via calcined clay and limestone blends

Fortera, a U.S.-based startup, launched a California facility producing cement while avoiding ~9,600 t CO2/year via mineral carbonation-seen as a scalable climate-friendly model

◉ Key Recent Developments
Heidelberg Materials sold out its entire 2025 supply of evoZero net-zero cement from the Norwegian Brevik plant, signaling strong demand for low-carbon building materials despite premium pricing

Norway's Longship project, backed with US $3.4 billion (with EU and state subsidies), supports Brevik's CCS deployment and aims to scale captured CO2 handling to 5 million tonnes per year across industrial sources

Financial and regulatory scrutiny intensify as alternatives like Brimstone (silicate-based) and Sublime Systems (electrochemical cement without kilns) challenge traditional production norms-highlighting innovation paths for low-carbon cement markets

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◉Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

◉About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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