green cement market
Green Cement Market to
Reach USD 43.59 Billion By
2026.
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Market
TShe ugrowmth omf the amarrkeyt is driven by the growing construction activities in Asia - Pacific and stringent
environmental regulations.
Market Size – USD 21.42 Billion in 2018, Market Growth - CAGR of 8.7%, Market Trends – Growing construction in
Asia-Pacific and stringent environmental regulations are boosting the demand for the market.
The Green Cement Market is forecasted to grow from USD 21.42 Billion in 2018 to USD 43.59 Billion by 2026, at a CAGR of 8.7%,
during the forecast period. The market is primarily driven by the growing construction activities in emerging economies,
increased use of alternative fuels from renewable & waste materials and increased efforts to reduce carbon emissions.
The green cement market is highly fragmented in nature with different players involved in production and distribution. Green
cement is an environmentally friendly replacement for the Portland cement.
Due to the emergence of Limestone Calcinated Clay Cement (LC3) and Frerrocrete technologies to improve the effectiveness of
green cement, the green cement market is expected to witness rapid technological developments over the forecast period.
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Market
ASs aultermnativme fueals dreriyved from waste materials such as solid recovered fuels, foundry sand,
animal meals, used oil, filter cakes, sewage sludge, and fly ashes are increasing, demand for green
cement is also increasing. The main factor that boosts this market's growth is the growing need to
reduce carbon emissions and use clean and green fuel. The global green cement market is also
supported by governments around the globe in promoting sustainable building and green
architecture, which is certified as a leader in energy and environmental design (LEED).
Further key findings from the report suggest-
• The market for fly ash based segment is expected to grow the largest at USD 14.39 Billion in
2026, at a CAGR of 9.6% during the forecast period. The fly ash market has grown as a result of
growth in the construction industry, increasing focus on infrastructure and road paving, legal
problems related to dumping fly ash, fly ash promotion by governments of different countries,
and increasing focus on the use of environmentally friendly products.
• The Green Cement Market is forecasted to grow from USD 21.42 Billion in 2018 to USD 43.59
Billion by 2026, at a CAGR of 8.7%, during the forecast period. The market is primarily driven by
the growing construction activities in emerging economies, increased use of alternative fuels
from renewable & waste materials and increased efforts to reduce carbon emissions.
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CSomupanmies cmonsidaererd yand profiled in this market study
Anhui Conch Cement Company (China), CEMEX S.A.B. de C.V. (Mexico), China National Building Material Co., Ltd.
(China), Italcementi (Italy), LafargeHolcim Ltd (Switzerland), CeraTech (India), Calera Corp. (USA), Kiran Global Chems
Limited (India), HeidelbergCement (Germany), Navrattan Blue Crete Industries Pvt. Ltd. (India) and others.
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on
the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data
have segmented the market on the basis of type, application, end-user and regional analysis.
Type (Kilo Tons) (Revenue, USD Million; 2016-2026)
• Fly ash based
• Slag based
• Geopolymer
• Others
Application (Kilo Tons) (Revenue, USD Million; 2016-2026)
• Residential
• Commercial
• Industrial
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Market
Summary
End-User (Kilo Tons) (Revenue, USD Million; 2016-2026)
• New Construction Activities
• Repair & Maintenance Activities
Regional Outlook (Revenue in USD Million; 2016–2026)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa (MEA)
Read More:
SB Wire Link: https://
www.globenewswire.com/news-release/2019/04/29/1811476/0/en/Green-Cement-Market-to-Reach-USD-43-59-
Billion-By-2026-Reports-And-Data.html
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