Green Cement Market, By End User (Residential, Commercial, and Industrial), By Type (Fly Ash, Slag, Geopolymer, and Others), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Forecast to 2022
- Report Code: CH 2102
- Publish Date: Upcoming
Green cement is a cementitious materials that provides functional performance capabilities to that of the traditional Portland cement. Green cement integrates & enhances recycled materials which further reduces the consumption of raw materials, water, and energy. The cement industry across the globe is facing some challenging issues such as raw material scarcity, high consumption of fossil fuels, and growing concern for environment related issues. Cement production comprises of around 10% of the human carbon di-oxide emission and green cement has the capability to reduce carbon di-oxide production from the building and construction activities upto 40%.
The global green cement market is estimated to grow at a CAGR of xx% in terms of value from 2017 to 2022. In terms of volume, the market is anticipated to grow from xx KT in 2017 to xx KT by 2022, at a CAGR of xx% from 2017 to 2022. Europe is anticipated to account the largest consumer of green cement in 2017 and is anticipated to remain the largest market till 2022. The Asia-Pacific green cement market is anticipated to grow with the highest CGAR of xx% during the forecast period from 2017 to 2022. Growing construction market in Asia Pacific’s emerging economies such as China, India, Indonesia, and Vietnam are anticipated to drive the green cement market in coming years.
Based on the type, fly ash type of green cement is anticipated to capture the largest market share in the global green cement market in 2017 and is projected to grow with the highest CAGR during the forecast period from 2017 to 2022. Slag based type green cement type is anticipated to capture the second highest market share in 2017. Growing construction market followed by the government initiatives to develop public infrastructure in emerging economies are anticipated to drive the global green cement market in coming years.
The market has been segmented on basis of end user source such as residential, commercial and industrial. The commercial end user segment is the largest and fastest growing segment in the global green cement market. The commercial end user segment market of green cement is anticipated to grow from USD XX million in 2017 to USD xx million by 2022 with the highest CAGR of xx% during the forecast period. Growing commercial spaces, establishment of hospitals, educational institutes, shopping malls, and retail spaces are anticipated to drive the commercial end user segment market in coming years.
An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the leading players in the global green cement market has been covered in this report. The key companies in this market include Kiran Global Chems Limited (India), CEMEX S.A.B. de C.V. (Mexico), LafargeHolicm (Switzerland), HeidelbergCement AG (Germany), Sika AG (Switzerland), China National Building Material Company (China), CeraTech, Inc. (US), and many among others.
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