The latest report by IMARC Group, titled “Green Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global green cement market reached a value of US$ 27.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 56.6 Billion by 2027, exhibiting at a CAGR of 12.8% during 2022-2027. Cement refers to a strong binding and adhesive agent that is one of the primary ingredients used in the construction industry.
Green Cement Market Overview:
Green cement is a more eco-friendly product variant when compared to traditional cement as it aids in minimizing carbon emissions. It is prepared by utilizing industrial by-products, such as fly ash, aluminosilicates, blast furnace slag, etc. Some commonly used types of green cement include ekkomaxx cement, oxychloride cement, geopolymer cement, sequestrated carbon cement, magnesium ferrocrete, calcium sulfoaluminate cement, etc. They are widely utilized in constructing structural columns, buildings, bridges, dams, etc., in sustainable architectural programs across numerous countries.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Green Cement Market Trends:
The growing construction sector is one of the key factors driving the green cement market. Besides this, the rising awareness among consumers towards the detrimental effects of carbon emissions on the environment and the increasing popularity of eco-friendly infrastructural resources are also augmenting the market growth. Furthermore, the expanding utilization of green cement in residential, commercial, and industrial construction projects is acting as another significant growth-inducing factor. Apart from this, the introduction of various policies by government bodies aimed at encouraging the adoption of environment-friendly construction materials is positively influencing the global market.
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The competitive landscape of the market has been studied in the report with some of the top green cement manufacturing companies detailed profiles of the key players operating in the market.
Some of these key players include:
- CarbonCure Technologies Inc.
- CEMEX S.A.B. de C.V.
- CRH plc
- LafargeHolcim Ltd
- Calera Corporation
- HeidelbergCement AG
- Siam Cement Public Company (SCG)
- Kiran Global Chem Limited
- Taiheiyo Cement Corporation
- Anhui Conch Cement Company Limited
- Votorantim Cimentos S.A.
- UltraTech Cement Ltd.
- ACC Ltd.
Key Market Segmentation Breakup by:
- Fly Ash-Based
- Silica Fume-Based
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Scope and Methodology
- Executive Summary
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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