Research Reports

Miscellaneous

icon
Home » Reports » Green Cement Market Global Demand Analysis Opportunity Outlook 2024
Market Research Report

Green Cement Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : 09:40 AM, 14th September, 2017 REP-ID-363 Category: Miscellaneous

Green Cement Market Overview

Green cement is a type of cement which is manufactured from industrial waste such as mining and quarrying wastes, burnt clay and others. Green cement is known for reducing the carbon footprint during its production process.

Further, green cement provide thermal insulation and superior fire resistance and it is widely used by residential, commercial and many other sectors. It also has the capability to resist alkali attack during climate change.   

Market Size and Forecast

The global green cement market is expected to grow at a CAGR of 10.2% over the forecast period i.e. 2017-2024. Further, green cement market is anticipated to reach USD 35.1 billion globally by 2024. The growth of green cement market is driven by various factors such as growing number of construction activities and rising awareness about the environmental risks. Likely, residential sector by end user is the fastest growing segment and it is anticipated to grow at a CAGR of 7.2% by the end of 2024. Residential sector accounts for 42.3% of the overall revenue of green cement in 2016.  

green cement

In terms of geography, Europe is expected to dominate the global green cement market over the forecast period. Additionally, Europe region in 2016 accounted for the highest market share of 36% of the overall green cement market. Europe is anticipated to witness significant growth owing to the strict regulations taken by government regarding greenhouse gas emission. The major countries witnessing the augmented demand for green cement are U.K. and France.

After Europe, Asia-Pacific is expected to dominate the green cement market over the forecast period i.e. 2017-2024. Further, the growth in this region is attributed to various factors such as rising infrastructural development, growing number of construction activities and rapid urbanization. North America is also expected to show tremendous growth over the forecast period owing to the rising awareness among the population to adopt energy saving solutions like green cement to reduce greenhouse gas emission. Furthermore, Latin America is also envisioned to expand at a CAGR of 7.9% during the forecast period.      

Market Segmentation

Our in-depth analysis segmented the global green cement system market in the following segments:

By Product Type

  • Fly Ash Based
  • Slag Based
  • Geopolymer
  • Others

By End User

  • Residential Sector
  • Commercial Sector
  • Industrial Sector
  • Others

By Region

Global green cement market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (GCC, South Africa, North Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

Increasing infrastructural development and rising number of building and construction activities are believed to be the dynamic factor behind the rapid growth of green cement market across the globe. Further, rising greenhouse gases emission has led to various agencies such as United Nation (UN) and others organizations to recommended more use of green cement. This factor is expected to bolster the demand for green cement over the forecast period.   

Moreover, presence of strict government regulation for the safety of environment and maintaining the ecological balance is also envisioned to foster the growth of green cement market by the end 2024. Additionally, rising awareness of the green building concept and increasing demand for sustainable products are one of the major factors propelling the growth of green cement market globally. Furthermore, rising adoption of green cement by different sectors owing to greater resistance of green cement to extreme weather conditions, longer life and short setting time is anticipated to garner the growth of green cement market.

However, increase in the construction costs is expected to hamper the growth of green cement market over the forecast period. Moreover, lack of awareness regarding green cement is also envisioned to dampen the growth of green cement market.

Key players

The major key players for green cement market are as follows

  • CEMEX
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Calera
  • LafargeHolcim
  • Heidelberg Cement
  • Votorantim cimentos S.A
  • Taiheiyo Cement Corporation
  • Taiwan Cement Corporation
  • Ecocem Ireland Ltd
  • Italcementi
  • Specialty Minerals Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global green cement market is segmented as follows:

  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By End User Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

Key Answers Captured in Report?
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

SELECT LICENSE TYPE

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Connect With Us

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

Ask The Analyst

Delivery Center

1014, 10th Floor, Tower A1,
Ansal Corporate Park, Plot no 7A/1,
Sector 142 Noida., 201301 India
Phone : +91 958 228 3827, +91 120 660 5495
info@researchnester.com

US Office

1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2017 Research Nester. All rights reserved

Top