Global Green Cement Market Size, Forecasts, And Opportunities – Includes Green Cement Market Growth
Learn about the global green cement market through The Business Research Company, which provides information on green cement market size, green cement market drivers and restraints, green cement market players, the COVID-19 impact on the green cement market, and more.
The global green cement market is expected to grow from $24.54 billion in 2021 to $27.79 billion in 2022 at a compound annual growth rate (CAGR) of 13.23%. The green cement market size is expected to reach $42.27 billion in 2026 at a CAGR of 11.06%.
The growth in awareness related to a reduction in carbon emissions and its detrimental effects are expected to propel the growth of the green cement market.
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The green cement market consists of sales of the green cement by entities (organizations, sole traders, and partnerships), which refers to a form of cement produced with the help of a carbon-negative manufacturing process. Green cement is an environmentally friendly product that reduces the carbon footprint of cement production. Green cement production reduces cement intakes, and the raw materials used in it discarded industrial wastes such as blast furnace slag, fly ash, and others.
Global Green Cement Market Segments Include:
By Type: Fly-ash Based, Slag Based, Recycled Aggregates, Other Types
By Application: Residential, Commercial, Industrial
By End User: New Constructions Activities, Repair & Maintenance Activities
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the green cement market in 2021.
Technological innovations in green cement are a key trend gaining popularity in the green cement market. Major companies operating in the green cement sector are focused on developing new technological solutions to expand their existing product portfolio and strengthen their position in green cement or eco-friendly cement.
Major Market Players: ACC Limited, Anhui Conch Cement, Solidia Technologies, Taiheiyo Cement Corporation, UltraTech Cement Limited, Votorantim Cimentos, Ecocem Ireland Ltd., Heidelberg Cement, Kiran Global Chems, LafargeHolcim Ltd, Navrattan Blue Crete Industries, Taiwan Cement Corporation, CNBM,, Navrattan Group, and Italcementi.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Green Cement Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides green cement market overviews, analyzes and forecasts market size, share, green cement market players, green cement market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s green cement market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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