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Green Cement Market Report
The Green Cement Market is Segmented by Product Type (Fly ash Based, Slag Based, Recycled Aggregates, and Others), by Application Type (Residential, Commercial, and Others), and by Region (North America, Europe, Asia-Pacific, and...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Green Cement Market is likely to witness an impressive CAGR of 14.9% during the forecast period. The prime factor generating a major thrust to the demand for green cement is mainly the growing infrastructure and construction activities, such as construction of bridges, under passes, and sewages. Also, favorable government policies for green buildings and increasing concern on GHG emissions from cement production are bolstering the market.
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Green Cement Market - Snapshot |
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Growth |
14.9 % for the next five years |
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Major Product Type |
Fly ash Based |
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Dominant Application Type |
Commercial |
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Region with the highest demand |
Asia Pacific |
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Key Players |
LafargeHolcim, HeidelbergCement AG, Anhui Conch Cement, CEMEX S.A.B. de C.V., Taiheiyo Cement Corporation, China National Building Material, Votorantim cimentos S.A., UltraTech Cement Ltd., Taiwan Cement Corporation, and ACC Limited. |
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Based on the product type, the market is segmented as fly ash based, slag based, recycled aggregates, and others. The fly ash-based segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period. The fly ash-based green cement provides cost effectiveness of products, which is one of the primary reasons for its growing demand in the recent years. The composition of these types of cements is comparatively simple with better compressive strength than other green cements, which is driving the growth of the segment.
Based on the application type, the green cement market is segmented as residential, commercial, others. The commercial segment dominates the market. Progressive infrastructure advancement is one of the key factors responsible for the increasing demand for green cements in commercial applications. Improvement in the emerging construction industry will inflate the segment’s growth. Also, construction activities in various South Asian countries, such as Thailand, India, Vietnam, China, and Thailand, are driving the segment’s growth.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for green cement during the forecast period. Asia-Pacific generates maximum revenue compared to any other region due to growing infrastructure and construction activities in emerging economies. ASEAN countries, such as Malaysia, the Philippines, and Thailand have shown recent significant investments in the construction segment through various public projects such as seaports, transports, and power, which is underpinning the region’s market. North America and Europe are expected to offer substantial growth opportunities during the forecast period.
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Green Cement is a cementitious material, meeting or exceeding the functional performance capabilities of ordinary Portland cement by incorporating and improving recycled materials, thereby reducing the consumption of water and natural raw materials resulting in a more sustainable construction material.
Green Cement is of different types, such as fly ash based, slag based, recycled aggregates, and others which provide its service in various applications, such as residential, commercial, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Green Cement Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The green cement market is segmented into the following categories.
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Some of the major players in the green cement market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The green cement market is expected to witness an impressive growth of 14.9% CAGR in the foreseeable future.
LafargeHolcim, HeidelbergCement AG, Anhui Conch Cement, CEMEX S.A.B. de C.V., Taiheiyo Cement Corporation, China National Building Material, Votorantim cimentos S.A., UltraTech Cement Ltd., Taiwan Cement Corporation, and ACC Limited are among the key players in the Green Cement Market.
Asia-Pacific is expected to be the largest Green Cement Market during the next five years.
The fly ash-based segment is expected to remain dominant in the green cement market in the coming years.
The commercial application segment dominates the green cement market.
Growing infrastructure and construction activities, favorable government policies for green buildings and increasing concern on GHG emissions from cement production are the factors driving the growth of green cement market.