The global green cement market is anticipated to grow at a considerable CAGR of around 8.5% during the forecast period (2024-2031). Growing adoption of sustainable products such as green cement in construction industry will boost the market growth. Traditional cement manufacturing materials require a significant amount of natural gas and coal for heating. Since green cement already contains industrial byproducts, the energy required for production is significantly lower than that of traditional cement.
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Furthermore, green cement is much more resistant to temperature fluctuations, lowering the costs attributed with both heating and cooling. Green cement production emits up to 80% less carbon dioxide than conventional concrete, which contains sand, clay, and pulverized limestone as basic constituent. According to projections, all of these products contribute roughly 5-8 percent of total global co2 emission. Therefore, Green cements are environment friendly and will be on high demand in future. For instance, according to managing partner of Vishnu Priya Group and Aspire Infra, green cement is in high demand. Depending on the manufacturing process, co2 emission from green cement can be reduced by 30 percent or less when compared to conventional methods.
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Market Coverage
- Segment Covered-
o By Product
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- CEMEX, Holcim Ltd., Heidelbergcement AG, Italcementi, JSW Cement Ltd., CRH Plc, CarbonCure Technologies Inc., Dalmia Cement (Bharat) Ltd., Navrattan, Green Cement Industries Pvt. Ltd., Kiran Global Chem Ltd., Nuvoco Vistas Corp. Ltd., Votorantim Cimentos S.A. and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Green Cement Market Report by Segment
By Product
- Fly-Ash Based
- Slag Based
- Recycled Aggregates
- Others (Geo-polymer Based)
By Application
- Residential
- Commercial
- Industrial
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3. Over 100+ paid data sources mined for investigation.
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