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Green Cement Market Size

  • Report ID: GMI1310
  • Published Date: Aug 2023
  • Report Format: PDF

Green Cement Market Size

Green Cement Market size is estimated to register a CAGR of over 5.3% between 2024 and 2032. Driven by wider acceptance of sustainable construction practices. Furthermore, heightened investments in R&D are paving the way for innovative formulations, enhancing the performance and versatility of green cement. The expanding applicability of product across a wide array of construction projects is shaping the market outlook.


Green Cement Industry Growth Drivers & Restraints

The increasing awareness of the long-term cost benefits of sustainable construction materials, including green cement, is acting as a growth driver for the market. The potential savings in terms of energy consumption, maintenance, and operational expenses with extended durability and enhanced strength diminish the lifecycle costs. However, the higher initial costs act as a major restraint. Also, the shift towards green cement necessitates a comprehensive understanding of its properties and application techniques, which could require additional training and skill development within the construction workforce. The budgetary constraints in construction projects will restrain the product adoption, hindering the industry growth.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size of green cement is estimated to grow at a CAGR of over 5.3% during 2023 and 2032, driven by wider acceptance of sustainable construction practices.

The fly-ash based green cement market held a significant revenue share in 2022 and is poised to gain traction, propelled by the minimized waste and reduced carbon emissions.

Asia Pacific market for green cement is projected to generate lucrative growth prospects over 2023 to 2032, driven by rapid urbanization, expanding infrastructure projects, and escalating environmental concerns.

CEMEX, LafargeHolcim, HeidelbergCement, UltraTech Cement, ACC Limited, Taiheiyo Cement Corporation, Votorantim Cimentos, Siam Cement Group (SCG), China National Building Material (CNBM), and Dalmia Cement among others

Green Cement Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 167
  • Countries covered: 18
  • Pages: 200
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