Green Cement Market Size By Product (Fly-Ash Based, Slag Based, Recycled Aggregates), By Application (Residential, Commercial, Industrial), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Oct 2020  |  Report ID: GMI1310  |  Authors: Kiran Pulidindi, Hemant Pandey

Report Format: PDF   |   Pages: 200   |   Base Year: 2019




Summary Table of Contents Industry Coverage Methodology

Industry Trend

Green Cement Market size exceeded USD 609.3 million in 2019 and will grow at a CAGR of 4.8% from 2020 to 2026. Rising infrastructure and construction activities, such as constructing bridges, under passes, sewage, etc., have increased the demand for green cement in the construction industry. Moreover, the construction industry has a vital link with several diverse industries, such as logistics, energy, manufacturing, etc., is likely to increase the demand by its low carbon emission rates.
 

Green cement is highly environment friendly and durable, with the ability to overcome major drawbacks of conventional cement. In addition, green cement being hydrophobic in nature makes it a good chemical resistance for structures and is preferred over other cements. It possesses high impact and compressive strength, good bearing strength, resistance to thawing and freezing, endurance towards chemical attack & abrasion, and low moisture penetrability.
 

Green Cement Market
Get more details on this report - Request Free Sample PDF
 

Furthermore, the major property of this cement is the low carbon dioxide content it holds. This makes it safer for construction workers as well as the environment. The green cement is used in various applications such as bridges, structural elements, commercial buildings, modern industrial infrastructure, power plants, etc. The increasing need for construction of factories, warehouses, and other public infrastructures with minimum carbon dioxide levels along with pollution concerns to maintain emission levels and environment regulations will boost the green cement market revenue.
 

Developing economies particularly from the Asia Pacific region are the fastest growing infrastructure and construction markets propelled by high industrial growth rate where governments are spending extensively for public construction. For instance, the Chinese construction industry has witnessed a remarkable growth in the recent years. Ever since the Belt and road initiative, Chinese contractors had actively invested in numerous infrastructure projects including around 20,000 construction contracts along with the belt and road initiative globally.
 

Many organizations in this region are entering into strategic acquisitions in order to expand their reach. For example, Teijin Limited, a Japanese industry, has acquired Continental Structural Plastics Holdings Corporation (CSP), an international leader in automotive lightweight composite technologies. This trend is likely to generate abundant market opportunities, which would subsequently fuel the market demand by 2026.
 

The major limitation of applying green cement is that building structures have lesser life compared to the structures created by the conventional portland cement. Furthermore, in comparison with conventional cement, the green cement possesses reduced compressive strength and higher shrinkage and creeping properties.
 

Owing to these disadvantages, it cannot be used in significant infrastructures such as dams, flyovers, etc. Additionally, with the spread of coronavirus pandemic, the construction industry globally has observed a major drawback, which, in turn, is proving to be an obstacle for the green cement market.
 

Green Cement Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: 609.3 Million (USD)
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 4.8% 2026 Value Projection: 678.2 Million (USD)
Pages: 200 Tables, Charts & Figures: 167
Geographies covered (17): U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Thailand, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait
Segments covered: Product, Applications
Companies covered (17): LafargeHolcim, CEMEX, Anhui Conch Cement Company, CNBM, Kiran Global Chems, Heidelberg Cement, Navrattan Blue Crete Industries and Siam Cement Public Company
Growth Drivers:
  • Growing adoption of environment friendly products in construction activities
  • Increasing regulations to minimize carbon emissions during construction
Pitfalls & Challenges:
  • Lesser life than structures with conventional cement

Get more details on this report - Request Free Sample PDF
 

Fly-ash based green cement is anticipated to lead the market share

Fly-ash based green cement dominated the product segment with above 40% market share in 2019. It produces the lowest amounts of carbon dioxide during its mixing processes. However, the cost effectiveness of this product is one of the primary reasons for its growing demand in the recent years. The composition of these types of cements is comparatively simpler with better compressive strength than other green cements.

 

Commercial buildings are projected to garner the maximum consumption

Green Cement Market Revenue

Get more details on this report - Request Free Sample PDF
 

Commercial structures application held the largest market share in 2019 and will exhibit a CAGR of more than 4.5% through 2026. Escalating infrastructure advancement is one of the key factors responsible for the rising demand for green cements in commercial applications. Improvement in the emerging construction industry will inflate the segment growth. Moreover, construction activities in various South Asian countries, such as Thailand, India, Vietnam, China, and Thailand, are flourishing, driving the market revenue.
 

Asia Pacific is estimated to be among the leading regional markets

Green Cement Market Regional Insights

Get more details on this report - Request Free Sample PDF
 

The Asia Pacific green cement market size surpassed USD 170 million in 2019. Asia Pacific generates the maximum revenue compared to any other region due to rising infrastructure and construction activities in emerging economies. ASEAN countries, such as Malaysia, the Philippines, Thailand, etc., have shown recent significant investment growth in the construction segment through various public projects such as seaports, transports, and power.
 

The green cement market is highly consolidated and the key players involved in the industry are LafargeHolcim, CEMEX, Anhui Conch Cement Company, CNBM, Kiran Global Chems, Heidelberg Cement, Navrattan Blue Crete Industries, and Siam Cement Public Company.
 

The market research report on green cement includes in-depth coverage of the industry with estimates & forecast in terms of volume in square foot and revenue in USD million from 2016 to 2026, for the following segments:

Market, By Product

  • Fly-ash based
  • Slag based
  • Recycled aggregates
  • Others (geopolymer based, etc.)

Market, By Application

  • Residential
  • Commercial
  • Industrial

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • Thailand
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

 

Frequently Asked Questions (FAQ) :

The global green cement industry size surpassed USD 609.3 million in 2019 and is poised to grow at 4.8% CAGR through 2026 due to the increasing infrastructure and construction activities.
The Fly-ash based green cement market held a 40% share in 2019. Owing to its cost-effectiveness and ability to produces the lowest amounts of carbon dioxide during its mixing processes, the product is expected to witness substantial demand.
Holding the largest share in 2019, the commercial structure application segment is expected to spur at over 4.5% CAGR through 2026, further boosting the industry growth.
The Asia Pacific market revenue exceeded USD 170 million in 2019 and is anticipated to witness substantial growth through 2026.

Buy Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Premium Report Details

  • Published Date: Oct 2020
  • Pages: 200
  • Tables: 151
  • Charts / Figures: 16
  • Companies covered: 17
  • Countries covered: 17

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X