Charting Growth: Green Cement Market By 2030, Showcasing a CAGR of 8.7%

How big is the Global Green Cement market?

According to MarkNtel Advisors study, The Global Green Cement Market size is projected to grow at a CAGR of around 8.7% during the forecast period, i.e., 2024-30.

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Global Green Cement Market Trend:

Rapid Expansion of Green Cement Production – The global cement industry is witnessing a notable shift as manufacturers increasingly invest in the expansion of green cement production. This is due to the heightened environmental concern related to traditional Portland cement manufacturing, the focus on the circular economy, and the growing demand for sustainable construction projects. This strategic pivot involves substantial investments in research, technology, and infrastructure to scale up the production of green cement by the biggest cement companies, such as Holcim, Cemex, ACC, etc., in recent years.

For instance, in 2023, Adani Cements announced its plan to quadruple the output of the product to around 140 million tons per year (MTPA) by FY28, mainly focused on green cement production. The expansion of green cement production is leading to market growth by expanding its availability and accessibility. This, in turn, influences market penetration in countries such as India, European nations, China, the US, etc., where sustainable construction practices are gaining traction due to the surging push for eco-friendly practices by governments, regulatory bodies, and consumers.

Leading Companies in the Global Green Cement market:

HOLCIM
CEMEX,S.A.B.de C.V.
Heidelberg Materials
Hallett Group
SCG (Siam Cement Group)
Ecocem, Green Cement Inc.
Taiheiyo Cement
Taiwan Cement Ltd.
Euro Cement Group
JSW Cement
Navarattan Group
UltraTech Cement Ltd.
Brimstone Energy
Others

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Global Green Cement Market Segmentation:

By Type

Ekkomaxx Cement - Market Size & Forecast 2021-2030F, USD Million
Geopolymer Cement - Market Size & Forecast 2021-2030F, USD Million
Others (Sequestrated Carbon Cement, Superheated Steam Cement, etc.)- Market Size & Forecast 2021-2030F, USD Million

Ekkomax has held a prominent share of the market in recent years due to its growing introduction by companies, performance characteristics, and regulatory compliance. Ekkomaxx Cement offers a range of desirable features, including high early strength, resilience, crack resistance, low chloride permeability, sulfate attack resistance, etc.

By Raw Material

Fly Ash- Market Size & Forecast 2021-2030F, USD Million
Slag- Market Size & Forecast 2021-2030F, USD Million
Recycled Glass- Market Size & Forecast 2021-2030F, USD Million
Silica Fumes- Market Size & Forecast 2021-2030F, USD Million
Recycled Concrete Aggregates- Market Size & Forecast 2021-2030F, USD Million
Others (Bamboo Leaf Ash, Aluminium Sand)- Market Size & Forecast 2021-2030F, USD Million

By End User

Residential- Market Size & Forecast 2021-2030F, USD Million
Commercial & Industrial- Market Size & Forecast 2021-2030F, USD Million
Public Infrastructures (Roads, Bridges, etc.)- Market Size & Forecast 2021-2030F, USD Million

Regional/ Countries Insight:

The Americas
Europe
The Middle East and Africa
Asia-Pacific

The Americas holds a major share of the Global Green Cement market owing to growing sustainable construction practices, government initiatives, and innovations by manufacturers.

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MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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