Green Cement Market: Introduction
Green cement is a cementitious material that can be manufactured by using industrial waste such as power plant wastes, recycled concrete, mining and quarrying wastes, burnt clay, and slag. Green cement is primarily used in residential, non-residential, industrial, and infrastructure sectors. Green cement can reduce carbon footprint by 40%-50%. It also offers superior thermal and fire resistance properties. Furthermore, it provides excellent resistance to alkali attack during climate and weather changes.
The report estimates and forecasts the green cement market on the global, regional, and country levels. The study provides forecast between 2021 and 2031 based on volume (kilo tons) and revenue (US$ Bn) with 2020 as the base year.
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The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the green cement market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the green cement market on the global and regional level.
Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes global average price trend analysis of green cement.
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Based on application, the global market has been segmented into non-residential, residential, industrial, and infrastructure. Analysts project that the residential sector will lead the global market over the next few years due to growing density of the population in urban regions. This has raised the demand for residential projects, which, in turn, has augmented the growth of the global green cement market. Furthermore, increase in infrastructure development in several emerging economies is likely to favor the demand for green cement over the next few years.
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The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Major players profiled in the report include CEMEX S.A.B. de C.V., HeidelbergCement AG, LafargeHolcim, Taiheiyo Cement Corporation, Votorantim cimentos S.A., China National Building Material Company Limited (CNBM), Taiwan Cement Corporation, and Ecocem Ireland Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
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Green Cement Market, by Product Type
- Fly Ash Based
- Slag Based
- Geopolymer
- Others
Green Cement Market, by Application
- Residential
- Non-residential
- Industrial
- Infrastructure
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