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Green Cement Market Size Estimated to Reach $43.59 Billion by 2027, with Industry Players – Italcementi, CeraTech, Calera Corp. and More

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Green Cement Market Size Estimated to Reach $43.59 Billion by 2027, with Industry Players – Italcementi, CeraTech, Calera Corp. and More

May 14
05:26 2021
Green Cement Market Size Estimated to Reach $43.59 Billion by 2027, with Industry Players - Italcementi, CeraTech, Calera Corp. and More

Green Cement Market
Exponential growth in infrastructural development projects, primarily in emerging economies in the Asia Pacific region and stringent environmental regulations, is propelling industry growth.

A new report by Reports and Data estimates that the Global Green Cement Market will reach USD 43.59 billion from USD 21.42 billion in 2019, delivering a CAGR of 8.7% through 2027. A significant rise in the construction activities in emerging economies, shifting focus towards the adoption of alternative fuels from waste or renewable materials, and growth in initiatives to reduce carbon emissions are the factors driving green cement market growth.

Green cement is gaining massive popularity, as it is an environmentally friendly alternative to the traditionally used Portland cement. The green cement also offers various benefits, such as better functionality, lesser carbon dioxide release than the traditional cement, and requires very few natural materials during the production process.

The green cement industry is at a nascent stage as several companies are still carrying out R&D activities to enhance the capabilities and properties of the product. With strict environmental regulations, subsidies for the production of green materials, and government initiatives to improve tax conditions for the product will supplement green cement market share through 2027. Moreover, the emergence of Frerrocrete and Limestone Calcinated Clay Cement technologies to improve the effectiveness of green cement and other technological developments will also boost industry growth over the forecast period.

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Key findings in the report:

  • Based on type, the fly ash-based segment forecast to generate revenue share close to USD 14.39 Billion, delivering a CAGR of 9.6% through 2027. The robust growth can be attributed to the growing product demand in the construction industry and shifting focus on the use of environmentally friendly products.
  • Based on application, the residential segment is anticipated to register a notable CAGR of 9.3%, contributing to a revenue share close to USD 20.49 Billion by 2027. The rapid urbanization in emerging economies and a mounting need for environmentally safe buildings are fuelling segmental growth. Moreover, the introduction of eco-friendly materials by several manufacturers will also boost the product adoption.
  • In the regional landscape, the Asia Pacific region is expected to witness the fastest growth rate of 9.3% over the analysis period on account of growing construction and infrastructural development activities in emerging economies, primarily in China and India.
  • North America is forecast to witness a growth rate of 9.1%, generating a revenue of USD 15.69 Billion in the green cement market share by 2027. The green cement market is highly fragmented. However, the majority of key players are located in North America. The stringent regulations for high carbon emissions prescribed by intergovernmental and regional agencies in the region to address environmental degradation are poised to foster North American green cement market revenue share over the projected timeframe.
  • Key players operating in the global green cement market are Anhui Conch Cement Company (China), China National Building Material Co., Ltd. (China), CEMEX S.A.B. de C.V. (Mexico), Italcementi (Italy), CeraTech (India), Calera Corp. (U.S.), LafargeHolcim Ltd (Switzerland), Kiran Global Chems Limited (India), Navrattan Blue Crete Industries Pvt. Ltd. (India), HeidelbergCement (Germany), Calera Cement, LafargeHolcim Ltd, Solidia Technologies, Inc., Novacem Limited, CeraTech Concrete, and Thomas Concrete, among others. The market is highly fragmented in nature, with different players involved in production and distribution.

Green Cement Market Size, Share, Growth Type, Application and End-User – Global Forecast To 2027, To identify the key trends in the industry, click on the link below:

For the purpose of this study, Reports and Data has segmented the market on the basis of type, application, end-user, and region

Type Outlook (Revenue: USD Billion; 2017-2027)

  • Fly ash based
    • Class F
    • Class C
  • Slag based
  • Geopolymer
  • Others

Application Outlook (Revenue: USD Billion; 2017-2027)

  • Residential
  • Commercial
  • Industrial

End-User Outlook (Revenue: USD Billion; 2017-2027)

  • New Construction Activities
  • Repair & Maintenance Activities

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Regional Outlook (Revenue in USD Billion; 2017–2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Egypt
    • Rest of MEA

Table Of Content

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Green Cement Segmentation & Impact Analysis

    4.1. Green Cement Material Segmentation Analysis

    4.2. Industrial Outlook


Chapter 9. Competitive Landscape

    9.1. Market Revenue Share by Manufacturers

    9.2. Manufacturing Cost Breakdown Analysis

    9.3. Mergers & Acquisitions

    9.4. Market positioning

    9.5. Strategy Benchmarking

    9.6. Vendor Landscape

Chapter 10. Company Profiles

    10.1. Anhui Conch Cement Company

           10.1.1. Company Overview

           10.1.2. Financial Performance

           10.1.3. Technology Insights

           10.1.4. Strategic Initiatives

    10.2. DescriptionCEMEX S.A.B. de C.V.

           10.2.1. Company Overview

           10.2.2. Financial Performance

           10.2.3. Technology Insights

           10.2.4. Strategic Initiatives

    10.3. China National Building Material

          10.3.1. Company Overview

          10.3.2. Financial Performance

          10.3.3. Technology Insights

          10.3.4. Strategic Initiatives

    10.4. Italcementi

          10.4.1. Company Overview

          10.4.2. Financial Performance

          10.4.3. Technology Insights

          10.4.4. Strategic Initiatives

    10.5. LafargeHolcim Ltd.

          10.5.1. Company Overview

          10.5.2. Financial Performance

          10.5.3. Technology Insights

          10.5.4. Strategic Initiatives

Continue …

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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