Report ID: 10351974 |
Published Date: 21 Mar 2025 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
Global Green Cement Market Highlights Over 2022 - 2030
The global green cement market garnered around USD 25 billion in revenue in 2021, and is estimated to further grow at a CAGR of 12% over the forecast period, i.e., 2022 – 2030. The market is expected to grow on the back of increasing environmental concerns and implementation of strict regulations over emissions from construction sector. The usage of green cement in construction activities helps reduce greenhouse gas emissions. According to ‘2020 Global Status Report for Buildings and Construction’ by the Global Alliance for Buildings and Construction, 38% of total global energy-related CO2 emissions, in 2019, was from the buildings sector, out of which 10% was from buildings construction industry.
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The COVID-19 pandemic has had a significant impact on the green cement market due to impact on construction sector on the back of suspension of construction activities and slow pick-up post lifting of the lockdown, with many enterprises facing liquidity problems, reduced spending and consumption capacity, operating restrictions and fear of contagion. The pandemic disrupted the global supply chains which increasingly affected construction activities, with shortages of raw materials and other inputs, contractors and subcontractors, and workers. However, implementation of energy- and environmentally efficient building projects and approaches has been increasing globally as concerns about climate change and energy efficiency are prioritized to promote a green recovery from the pandemic.
The increased awareness regarding pollution caused by production of cement and several construction activities has brought usage of green cement for construction into practice. Moreover, the beneficial features of green concrete includes providing greater strength, and protection against weather conditions and other damages. These factors are estimated to boost the market growth over the forecast period.
However, increased construction costs, and lack of awareness regarding green cement are the key factors restraining the growth of the market.
The market is segmented by application into mass construction, bridges and roads, and others, out of which, the mass construction segment is anticipated to hold the major share over the forecast period. The growth of the segment is attributed to high usage of green cement for mass construction projects, such as drains, retaining walls, and dams.
Based on end-user, the market is segmented into commercial, infrastructural, industrial, and others. The increased construction of commercial establishments, such as shopping malls, theaters, office spaces, and hospitals, has increased the demand for green cement, owing to which, the commercial segment is estimated to witness rapid growth during the forecast period. Moreover, for huge commercial projects, a large quantity of cement is required, and the negative effects of usage of traditional cement on the environment are making green cement popular for larger construction, driving the growth of the segment further.
Global Green Cement Market Regional Synopsis
Regionally, the global green cement market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness highest growth over the forecast period owing to rapid advancements in the construction sector over increased number of construction projects to shelter the increasing population, especially in developing economies such as India and China, and expanding optimum cash flow.
On the other hand, the North America region is anticipated to be the largest market in value over the forecast period on the back of government authorities focusing on rising environmental disturbances amongst the population, and the presence of major market players who are adopting the practices of using green cement.
Market Segmentation
Our in-depth analysis of the global green cement market includes the following segments:
By Product
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Fly ash based
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Slag based concrete
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Geo-polymer
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Silica fume based
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Others
By Application
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Mass construction
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Bridges and roads
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Others
By End-User
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Commercial
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Infrastructural
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Industrial
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Others
Growth Drivers and Challenges Impacting the Growth of the Global Green Cement Market
Growth Drivers
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Increasing environmental concerns and implementation of strict regulations over emissions from the construction sector
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Beneficial features of green concrete, such as providing greater strength, and protection against weather conditions and other damages
Challenges
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Increase in the construction costs
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Lack of awareness regarding green cement
Key Companies Dominating the Global Green Cement Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global green cement market that are included in our report are Navrattan Group, ECOCEM, Kiran Global Chem Limited, Heidelbergcement AG, UltraTech Cement Ltd., Votorantim Cimentos, Taiheiyo Cement Corporation, CEMEX S.A.B. de C.V., Calera Capital, and others.
Latest Developments in the Global Green Cement Market:
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November 2021: Schneider Electric launched its sustainability engagement initiative, Green Yodha, urging energy-intensive sectors - cement, iron and steel, commercial & industrial buildings, non-metallic minerals, and chemicals- to join forces to achieve the common goal to reduce projected carbon emissions, and take concrete climate action.
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June 2021: JSW Cement announced that it has entered the construction chemical sector with the launch of a green product range in the category. This advancement is a dynamic shift from conventional construction mix ratios to extracted by-product-engineered compositions for the sector.
Key Reasons to Buy Our Report
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The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
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It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
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The report includes detailed company profiles of the major players dominating the market.
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We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
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We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
Frequently Asked Question
The market is segmented by product, application, end-user, and by region.
The mass construction segment is anticipated to hold largest market size in value and display significant growth opportunities.
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Report ID: 10351974 |
Published Date: 21 Mar 2025 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
