Green Cement Market: Regional Growth Drivers, Top Key Players & Forecasts to 2026

The green cement market is poised to record noteworthy gains on account of rising adoption of eco-friendly raw materials across the construction sector. Increasing emphasis on sustainable infrastructural development would propel the demand for green construction materials. The construction sector is experiencing significant demand for sustainable architecture, especially across developing countries. 

Factors like surging population growth and rapid urbanization across emerging economies may accelerate the requirement for sustainable construction over the years. Shifting preference towards green architecture, designs, and buildings that are certified under the Leadership in Energy and Environmental Design (LEED) norms could drive product demand in the future.

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Currently, however, the construction industry is being  adversely affected due to the worldwide lockdowns triggered by the COVID-19 pandemic. However, the sector is poised to bounce back considerable in the near future as countries, that have COVID-19 under control, begin to ease restrictions and focus on kickstarting the economy. Likewise, surging investments towards healthcare infrastructure development would also fuel the construction industry expansion, thereby fostering the overall market outlook. Additionally, rapid urbanization and a growing population across emerging economies would likely fuel the business landscape further.   

In terms of application, the industrial segment is likely to create substantial demand for green cement owing to the immense expansion of the manufacturing industry in Eastern Europe and the Asia Pacific. Several global organizations are shifting their respective manufacturing plants to emerging economies due to the ready availability of raw materials and cheap labor. This aforementioned trend is momentously driving the industrial construction sector growth worldwide. In fact, the industrial segment is projected to register a CAGR of 4.8% throughout the forecast timeframe. 

The green cement market from recycled aggregate segment is projected to witness the fastest growth in terms of volume, recording a CAGR of 3.5% through the analysis period. Increasing green building initiatives and construction activities across Europe and North America are propelling the segment share. Additionally, recycling concrete aggregate is becoming highly important since natural aggregate sources are rapidly depleting. All in all, an upsurge in construction activities coupled with increasing green building initiatives across the world should positively influence the product outlook over the coming years.

Rapidly growing adoption of green cement owing to supportive regulatory scenarios, tax reliefs as well as other benefits would fuel the Europe green cement industry size. In fact, the region dominated the global market, accounting for more than 30% of the overall industry share.

 The European construction market is slowly recovering and starting to expand at a steady rate as several countries come out of strict lockdowns. Moreover, the region’s steadily expanding construction industry supported by its favorable regulatory environment should effectively propel the Europe market size further.

Key players operating in the industry are growingly focusing on implementing strategic growth plans such as partnerships, acquisitions, and mergers among others. Taking August 2020 for instance, Breedon Group, a leading construction materials firm, reportedly signed a deal to acquire select assets from Cemex, a leading green cement manufacturing company. As per instructions from the CMA (Competition and Markets Authority), the acquired assets would be operated under the name, Pinnacle Construction Materials, a newly created business led by the firm’s own management team and working out of its own office.  

The competitive landscape of the green cement market is inclusive of players such as Siam Cement Public Company, Navrattan Blue Crete Industries, Heidelberg Cement, Kiran Global Chems, CNBM, Anhui Conch Cement Company, CEMEX, and LafargeHolcim among others. 

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Some Point from Table of Contents:

Chapter 4   Green Cement Market, By Product

4.1    Global Green cement Market product insights

4.2    Fly-ash based

4.2.1    Market estimates and forecast, 2016 – 2026

4.2.2    Market estimates and forecast by region, 2016 – 2026

4.3    Slag based

4.3.1    Market estimates and forecast, 2016 – 2026

4.3.2    Market estimates and forecast by region, 2016 – 2026

4.4    Recycled aggregates

4.4.1    Market estimates and forecast, 2016 – 2026

4.4.2    Market estimates and forecast by region, 2016 – 2026

4.5    Others

4.5.1    Market estimates and forecast, 2016 – 2026

4.5.2    Market estimates and forecast by region, 2016 – 2026

Chapter 5   Green Cement Market, By Application

5.1    Global Green cement Market application insights

5.2    Residential

5.2.1    Market estimates and forecast, 2016 – 2026

5.2.2    Market estimates and forecast by region, 2016 – 2026

5.3    Commercial

5.3.1    Market estimates and forecast, 2016 – 2026

5.3.2    Market estimates and forecast by region, 2016 – 2026

5.4    Industrial

5.4.1    Market estimates and forecast, 2016 – 2026

5.4.2    Market estimates and forecast by region, 2016 – 2026

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