The Europe green cement market size reached US$ 8.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11% during 2023-2028.
Green cement is a cleaner alternative to the traditional cement used as an essential raw material in the construction industry. It represents one of the most traded commodities and is manufactured from industrial waste materials, such as blast furnace slag, micro silica, aluminosilicates and fly ash. Green cement is an environment-friendly product produced using a mixture of non-carbon dioxide (CO2) production methods. With the rising environmental concerns, market players are investing in developing more efficient green cement variants that offer ultra-high-strength concrete with enhanced performance.
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The Europe green cement market is primarily driven by the various initiatives taken by governmental authorities, such as the European Environment Agency (EEA), to promote the adoption of sustainable solutions that help control the damage caused by harmful construction materials. Additionally, stringent rules regarding the alarming rate of carbon emissions due to the growing population have facilitated the need for green cement. Moreover, in Europe, a significant rise in infrastructure projects through public investments; and residential construction activities have escalated the demand for construction materials, such as green cement.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe green cement market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product type and end use industry.
Breakup by Product Type:
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Fly Ash-Based
Slag-Based
Limestone-Based
Silica Fume-Based
Others
Breakup by End Use Industry:
Residential
Non-Residential
Infrastructure
Breakup by Country:
Germany
France
United Kingdom
Italy
Spain
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2022
Historical Period
2017-2022
Forecast Period
2023-2028
Units
US$ Billion
Segment Coverage
Product Type, End Use Industry, Country
Countries Covered
Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope
10% Free Customization
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Single User License: US$ 2699
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10-12 Weeks
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PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The Europe green cement market was valued at US$ 8.4 Billion in 2022.
We expect the Europe green cement market to exhibit a CAGR of 11% during 2023-2028.
The growing consumer environmental concerns, along with the rising utilization of green cement, as it reduces carbon emissions, provides better functionality, requires fewer natural materials during production, etc., are primarily driving the Europe green cement market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations, resulting in the temporary halt in numerous construction activities, thereby negatively impacting the European market for green cement.
Based on the product type, the Europe green cement market has been segregated into fly ash-based, slag-based, limestone-based, silica fume-based, and others. Among these, fly ash-based currently exhibits a clear dominance in the market.
Based on the end use industry, the Europe green cement market can be bifurcated into residential, non-residential, and infrastructure. Currently, the residential industry holds the largest market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others.
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