Green Cement Market is Predicted to Grow at a CAGR of 15% from 2017 to 2023
Global Green Cement Market by Application (Residential, Non-Residential, Industrial), Product Type (Fly Ash based, Slag based) and By Region - Forecast to 2023
Green cement market is majorly driven by the increase in use by the residential as well as non-residential end users. Green cement offers resistance to moisture, is a very good insulator and offers protection against corrosion, which are expected to drive the market for green cement. The rise in the construction activities due to the increasing population and urbanization, is expected to drive the growth of the green cement market. The growth of the market can also be attributed to factors such as the rising stringent regulations on carbon emission and emphasis on creating zero waste regions.
The Global Green Cement Market is expected to grow over the CAGR of around 15 % during the period 2017 to 2023.
Market Research Analysis
Asia-Pacific is expected to grow rapidly in the green cement market due to the increasing industrialization. Also, the rapid urbanization in the developing economies such as India, is generating need for more constructions, thereby driving the growth for the green cement market. In North America, the increasing demand for entertainment, healthcare infrastructure and education, is driving the need for construction with green cement. In Africa, the rising demand for energy infrastructure is expected to drive the demand for green cement.
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The key players of Green Cement Market are:
• HeidelbergCement AG (Germany)
• LafargeHolcim Ltd. (Switzerland)
• Taiheiyo Cement Corporation (Japan)
• Taiwan Cement Corporation (Taiwan)
• Ecocem Ireland Ltd. (Ireland)
• ACC Limited (India)
• UltraTech Cement Ltd (India)
• Calera Corporation (U.S.)
• Ceratech, Inc (U.S.)
• Solidia Technologies, Inc. (U.S.)
• Cenin Cement (U.K.)
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Scope of the Report
This study provides an overview of the global green cement Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Green cement market by its application, end-use and region.
By Product Type
• Fly ash based
• Slag based
• North America
• Asia Pacific
• Rest of the World
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