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Green Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Cement is a strong binding and adhesive agent that has a high level of carbon footprint but serves as a key ingredient in the construction industry. Green cement is a cleaner alternative to traditional cement that is produced by using industrial by-products such as fly ash, blast furnace slag, aluminosilicates, and recycled industrial waste. A significant reduction in carbon emissions is the key advantage offered by green cement, which is augmenting its demand across the globe. It is now used in the construction of structural columns, bridges, dams and buildings that form a part of sustainable architectural programs in various nations. 

 

 
 

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The thriving construction industry and growing environmental concerns are among the crucial factors driving the market growth. As compared to the conventionally used Portland cement, green cement significantly reduces carbon emissions, provides better functionality, and requires fewer natural materials during production. With the growing awareness about the detrimental effect of carbon emissions on the environment, there has been a shift toward eco-friendly resources. Green cement, therefore, finds extensive application in residential, commercial and industrial construction. Furthermore, stringent regulations and policies introduced by governments of both emerging and developed nations have encouraged the adoption of green cement as well as the construction of environment-friendly buildings. Moreover, factors such as rising urbanization and burgeoning demand for infrastructures such as office spaces, shopping malls, theatres and hospitals are also contributing to the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global green cement market, along with forecasts at the global and regional level from 2022-2027. 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 Region:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the top green cement companies being CarbonCure Technologies Inc., Cemex, CRH plc, LafargeHolcim, Calera, Heidelberg Cement, Siam Cement Public Company (SCG), Kiran Global Chems, CeraTech, Taiheiyo Cement Corporation, Anhui Conch Cement, Votorantim cimentos S.A., UltraTech Cement Ltd., ACC Ltd., etc.

IMARC Group’s latest report provides a deep insight into the global green cement market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global green cement market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, End-Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered CarbonCure Technologies Inc., Cemex, CRH plc, LafargeHolcim, Calera, Heidelberg Cement, Siam Cement Public Company (SCG), Kiran Global Chems, CeraTech, Taiheiyo Cement Corporation, Anhui Conch Cement, Votorantim cimentos S.A., UltraTech Cement Ltd. and  ACC Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Green Cement Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by End-Use Industry
    5.6    Market Breakup by Region
    5.7    Market Forecast
6   Market Breakup by Product Type
    6.1    Fly Ash-Based
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Slag-Based
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Limestone-Based
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Silica Fume-Based
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Others
        6.5.1    Market Trends
        6.5.2    Market Forecast
7   Market Breakup by End-Use Industry
    7.1    Residential
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Non-Residential
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Infrastructure
        7.3.1    Market Trends
        7.3.2    Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Europe
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Asia Pacific
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
    12.1    Price Indicators
    12.2    Price Structure
    12.3    Margin Analysis
13  Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    CarbonCure Technologies Inc. 
        13.3.2    Cemex 
        13.3.3    CRH plc 
        13.3.4    LafargeHolcim 
        13.3.5    Calera 
        13.3.6    Heidelberg Cement 
        13.3.7    Siam Cement Public Company (SCG) 
        13.3.8    Kiran Global Chems 
        13.3.9    CeraTech
        13.3.10      Taiheiyo Cement Corporation 
        13.3.11      Anhui Conch Cement 
        13.3.12      Votorantim cimentos S.A. 
        13.3.13      UltraTech Cement Ltd. 
        13.3.14      ACC Ltd. 

List of Figures

Figure 1: Global: Green Cement Market: Major Drivers and Challenges
Figure 2: Global: Green Cement Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Green Cement Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Green Cement Market: Breakup by End-Use Industry (in %), 2021
Figure 5: Global: Green Cement Market: Breakup by Region (in %), 2021
Figure 6: Global: Green Cement Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Green Cement Industry: SWOT Analysis
Figure 8: Global: Green Cement Industry: Value Chain Analysis
Figure 9: Global: Green Cement Industry: Porter’s Five Forces Analysis
Figure 10: Global: Green Cement (Fly Ash-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Green Cement (Fly Ash-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Green Cement (Slag-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Green Cement (Slag-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Green Cement (Limestone-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Green Cement (Limestone-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Green Cement (Silica Fume-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Green Cement (Silica Fume-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Green Cement (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Green Cement (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Green Cement (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Green Cement (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Green Cement (Non-Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Green Cement (Non-Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Green Cement (Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Green Cement (Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Green Cement Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: Green Cement Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Europe: Green Cement Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Europe: Green Cement Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Asia Pacific: Green Cement Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Asia Pacific: Green Cement Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Middle East and Africa: Green Cement Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Middle East and Africa: Green Cement Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Latin America: Green Cement Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Latin America: Green Cement Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Green Cement Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Green Cement Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Green Cement Market Forecast: Breakup by End-Use Industry (in Million US$), 2022-2027
Table 4: Global: Green Cement Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Green Cement Market Structure
Table 6: Global: Green Cement Market: Key Players


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Key Questions Answered in This Report

The global green cement market was valued at US$ 27.2 Billion in 2021.

We expect the global green cement market to exhibit a CAGR of 12.8% during 2022-2027.

The growing environmental concerns, along with the rising utilization of green cement as it reduces carbon emissions, provides better functionality, and requires fewer natural materials during production, are primarily driving the global green cement market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous construction activities, thereby limiting the demand for green cement.

Based on the product type, the global green cement market has been segmented into fly ash-based, slag-based, limestone-based, silica fume-based, and others. Among these, fly ash-based currently holds the majority of the total market share.

Based on the end-use industry, the global green cement market can be divided into residential, non-residential, and infrastructure. Currently, the residential sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global green cement market include CarbonCure Technologies Inc., Cemex, CRH plc, LafargeHolcim, Calera, Heidelberg Cement, Siam Cement Public Company (SCG), Kiran Global Chems, CeraTech, Taiheiyo Cement Corporation, Anhui Conch Cement, Votorantim cimentos S.A., UltraTech Cement Ltd., ACC Ltd., etc.

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