Global Green Cement Market Size Was Valued at USD 24.70 Billion In 2021, And Is Projected to Reach USD 48.44 Billion By 2028, Growing at A CAGR of 10.1 % From 2022 To 2028.
Green Cement is an eco-friendly cement that uses a carbon-negative way of manufacturing. The principal raw materials utilized to create green cement comprise mostly the wasted trash from the industry. The slag from the blast furnace and fly ash are the major components utilized in the making of green cement.
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The market analysis report speaks about the growth rate of Green Cement Market till 2028 manufacturing process, key factors driving this market with sales, revenue, and price analysis of top manufacturers of Market, distributors, traders and dealers of Green Cement Market. The report covers the market landscape and its development prospects over the coming years. The report also contains a discussion of the key vendors operating in this market.
Segmentation Analysis Of Green Cement Market
By Product
- Fly-Ash Based
- Slag Based
- Recycled Aggregates
- Other Products
By Application
- Commercial
- Residential
- Industrial
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By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
Top Key Players Covered In Green Cement Market:
- Lafarge Holcim
- Heidelberg Cement 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
- ACC Limited
- Ecocem Ireland Ltd.
- Calera Corporation
- Solidia Technologies
- Cenin Cement
- Green Island Cement Limited, and Other Major Players.
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Covid-19 impact Analysis On Green Cement Market
As the COVID-19 outbreak has slowed construction in many countries, the industry has seen lower demand for its products, leading to overcapacity. Cement companies are largely expected to survive the crisis, but they must strengthen their sustainability and competitiveness. Companies must also reduce their carbon emissions for their long-term viability; with the cement sector generating 7 to 8 percent of global greenhouse gas emissions, pressure is growing for the industry to achieve carbon neutrality.
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- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Green Cement market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Green Cement market
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