Green Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global green cement market size reached US$ 31.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 63.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.3% during 2023-2028.
Cement is a strong binding and adhesive agent that has a high level of carbon footprint but serves as a key ingredient in the construction industry. Green cement is a cleaner alternative to traditional cement that is produced by using industrial by-products such as fly ash, blast furnace slag, aluminosilicates, and recycled industrial waste. A significant reduction in carbon emissions is the key advantage offered by green cement, which is augmenting its demand across the globe. It is now used in the construction of structural columns, bridges, dams and buildings that form a part of sustainable architectural programs in various nations.
The thriving construction industry and growing environmental concerns are among the crucial factors driving the market growth. As compared to the conventionally used Portland cement, green cement significantly reduces carbon emissions, provides better functionality, and requires fewer natural materials during production. With the growing awareness about the detrimental effect of carbon emissions on the environment, there has been a shift toward eco-friendly resources. Green cement, therefore, finds extensive application in residential, commercial and industrial construction. Furthermore, stringent regulations and policies introduced by governments of both emerging and developed nations have encouraged the adoption of green cement as well as the construction of environment-friendly buildings. Moreover, factors such as rising urbanization and burgeoning demand for infrastructures such as office spaces, shopping malls, theatres and hospitals are also contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global green cement market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type and end-use industry.
Breakup by Product Type:
Fly Ash-Based
Slag-Based
Limestone-Based
Silica Fume-Based
Others
Breakup by End-Use Industry:
Residential
Non-Residential
Infrastructure
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the top green cement companies being CarbonCure Technologies Inc., CEMEX S.A.B. de C.V., CRH plc, LafargeHolcim Ltd, Calera Corporation, HeidelbergCement AG, Siam Cement Public Company (SCG), Kiran Global Chem Limited, CeraTech, Taiheiyo Cement Corporation, Anhui Conch Cement Company Limited, Votorantim Cimentos S.A., UltraTech Cement Ltd., ACC Ltd., etc.
IMARC Group’s latest report provides a deep insight into the global green cement market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global green cement market in any manner.
Key Questions Answered in This Report:
What was the size of the global green cement market in 2022?
What is the expected growth rate of the global green cement market during 2023-2028?
What are the key factors driving the global green cement market?
What has been the impact of COVID-19 on the global green cement market?
What is the breakup of the global green cement market based on the product type?
What is the breakup of the global green cement market based on the end-use industry?
What are the key regions in the global green cement market?
Who are the key players/companies in the global green cement market?
The global green cement market size reached US$ 31.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 63.3 Billion by 2028, exhibiting a growth rate (CAGR) of 12.3% during 2023-2028.
Cement is a strong binding and adhesive agent that has a high level of carbon footprint but serves as a key ingredient in the construction industry. Green cement is a cleaner alternative to traditional cement that is produced by using industrial by-products such as fly ash, blast furnace slag, aluminosilicates, and recycled industrial waste. A significant reduction in carbon emissions is the key advantage offered by green cement, which is augmenting its demand across the globe. It is now used in the construction of structural columns, bridges, dams and buildings that form a part of sustainable architectural programs in various nations.
The thriving construction industry and growing environmental concerns are among the crucial factors driving the market growth. As compared to the conventionally used Portland cement, green cement significantly reduces carbon emissions, provides better functionality, and requires fewer natural materials during production. With the growing awareness about the detrimental effect of carbon emissions on the environment, there has been a shift toward eco-friendly resources. Green cement, therefore, finds extensive application in residential, commercial and industrial construction. Furthermore, stringent regulations and policies introduced by governments of both emerging and developed nations have encouraged the adoption of green cement as well as the construction of environment-friendly buildings. Moreover, factors such as rising urbanization and burgeoning demand for infrastructures such as office spaces, shopping malls, theatres and hospitals are also contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global green cement market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type and end-use industry.
Breakup by Product Type:
Fly Ash-Based
Slag-Based
Limestone-Based
Silica Fume-Based
Others
Breakup by End-Use Industry:
Residential
Non-Residential
Infrastructure
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the top green cement companies being CarbonCure Technologies Inc., CEMEX S.A.B. de C.V., CRH plc, LafargeHolcim Ltd, Calera Corporation, HeidelbergCement AG, Siam Cement Public Company (SCG), Kiran Global Chem Limited, CeraTech, Taiheiyo Cement Corporation, Anhui Conch Cement Company Limited, Votorantim Cimentos S.A., UltraTech Cement Ltd., ACC Ltd., etc.
IMARC Group’s latest report provides a deep insight into the global green cement market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global green cement market in any manner.
Key Questions Answered in This Report:
What was the size of the global green cement market in 2022?
What is the expected growth rate of the global green cement market during 2023-2028?
What are the key factors driving the global green cement market?
What has been the impact of COVID-19 on the global green cement market?
What is the breakup of the global green cement market based on the product type?
What is the breakup of the global green cement market based on the end-use industry?
What are the key regions in the global green cement market?
Who are the key players/companies in the global green cement market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL GREEN CEMENT MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by End-Use Industry
5.6 Market Breakup by Region
5.7 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Fly Ash-Based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Slag-Based
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Limestone-Based
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Silica Fume-Based
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 MARKET BREAKUP BY END-USE INDUSTRY
7.1 Residential
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Residential
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Infrastructure
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 SWOT ANALYSIS
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 VALUE CHAIN ANALYSIS
11 PORTERS FIVE FORCES ANALYSIS
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 PRICE ANALYSIS
12.1 Price Indicators
12.2 Price Structure
12.3 Margin Analysis
13 COMPETITIVE LANDSCAPE
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 CarbonCure Technologies Inc.
13.3.2 CEMEX S.A.B. de C.V.
13.3.3 CRH plc
13.3.4 LafargeHolcim
13.3.5 Calera
13.3.6 Heidelberg Cement
13.3.7 Siam Cement Public Company (SCG)
13.3.8 Kiran Global Chem Limited
13.3.9 CeraTech
13.3.10 Taiheiyo Cement Corporation
13.3.11 Anhui Conch Cement
13.3.12 Votorantim cimentos S.A.
13.3.13 UltraTech Cement Ltd.
13.3.14 ACC Ltd.
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL GREEN CEMENT MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by End-Use Industry
5.6 Market Breakup by Region
5.7 Market Forecast
6 MARKET BREAKUP BY PRODUCT TYPE
6.1 Fly Ash-Based
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Slag-Based
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Limestone-Based
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Silica Fume-Based
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 MARKET BREAKUP BY END-USE INDUSTRY
7.1 Residential
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Residential
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Infrastructure
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 SWOT ANALYSIS
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 VALUE CHAIN ANALYSIS
11 PORTERS FIVE FORCES ANALYSIS
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 PRICE ANALYSIS
12.1 Price Indicators
12.2 Price Structure
12.3 Margin Analysis
13 COMPETITIVE LANDSCAPE
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 CarbonCure Technologies Inc.
13.3.2 CEMEX S.A.B. de C.V.
13.3.3 CRH plc
13.3.4 LafargeHolcim
13.3.5 Calera
13.3.6 Heidelberg Cement
13.3.7 Siam Cement Public Company (SCG)
13.3.8 Kiran Global Chem Limited
13.3.9 CeraTech
13.3.10 Taiheiyo Cement Corporation
13.3.11 Anhui Conch Cement
13.3.12 Votorantim cimentos S.A.
13.3.13 UltraTech Cement Ltd.
13.3.14 ACC Ltd.
LIST OF TABLES
Table 1: Global: Green Cement Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Green Cement Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Green Cement Market Forecast: Breakup by End-Use Industry (in Million US$), 2023-2028
Table 4: Global: Green Cement Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Green Cement Market Structure
Table 6: Global: Green Cement Market: Key Players
Table 1: Global: Green Cement Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Green Cement Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Green Cement Market Forecast: Breakup by End-Use Industry (in Million US$), 2023-2028
Table 4: Global: Green Cement Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Green Cement Market Structure
Table 6: Global: Green Cement Market: Key Players
LIST OF FIGURES
Figure 1: Global: Green Cement Market: Major Drivers and Challenges
Figure 2: Global: Green Cement Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Green Cement Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Green Cement Market: Breakup by End-Use Industry (in %), 2022
Figure 5: Global: Green Cement Market: Breakup by Region (in %), 2022
Figure 6: Global: Green Cement Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Green Cement Industry: SWOT Analysis
Figure 8: Global: Green Cement Industry: Value Chain Analysis
Figure 9: Global: Green Cement Industry: Porter’s Five Forces Analysis
Figure 10: Global: Green Cement (Fly Ash-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Green Cement (Fly Ash-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Green Cement (Slag-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Green Cement (Slag-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Green Cement (Limestone-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Green Cement (Limestone-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Green Cement (Silica Fume-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Green Cement (Silica Fume-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Green Cement (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Green Cement (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Green Cement (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Green Cement (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Green Cement (Non-Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Green Cement (Non-Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Green Cement (Infrastructure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Green Cement (Infrastructure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Europe: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Europe: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Asia Pacific: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Asia Pacific: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Middle East and Africa: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Middle East and Africa: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Latin America: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Latin America: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 1: Global: Green Cement Market: Major Drivers and Challenges
Figure 2: Global: Green Cement Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Green Cement Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Green Cement Market: Breakup by End-Use Industry (in %), 2022
Figure 5: Global: Green Cement Market: Breakup by Region (in %), 2022
Figure 6: Global: Green Cement Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Green Cement Industry: SWOT Analysis
Figure 8: Global: Green Cement Industry: Value Chain Analysis
Figure 9: Global: Green Cement Industry: Porter’s Five Forces Analysis
Figure 10: Global: Green Cement (Fly Ash-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Green Cement (Fly Ash-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Green Cement (Slag-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Green Cement (Slag-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Green Cement (Limestone-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Green Cement (Limestone-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Green Cement (Silica Fume-Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Green Cement (Silica Fume-Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Green Cement (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Green Cement (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Green Cement (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Green Cement (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Green Cement (Non-Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Green Cement (Non-Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Green Cement (Infrastructure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Green Cement (Infrastructure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Europe: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Europe: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Asia Pacific: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Asia Pacific: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Middle East and Africa: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Middle East and Africa: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Latin America: Green Cement Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Latin America: Green Cement Market Forecast: Sales Value (in Million US$), 2023-2028
