Green Cement Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to green cement market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Green Cement Market News

  • In July 2022, Holcim signed an agreement with Ol-Trans, the leader in ready-mix concrete in the Gdansk-Sopot-Gdynia area, to acquire its five concrete plants. With 2022 estimated net sales of CHF 27 million, the transaction will strengthen Holcim’s local ready-mix concrete network and firmly establish it as the leader in Northern Poland.
  • In May 2022, HeidelbergCement has joined the First Movers Coalition (FMC), a public-private partnership between the US State Department, the World Economic Forum and forward-thinking companies from different industry sectors. The First Movers Coalition has been created in 2021 as a platform for companies to use their scale and create demand to make emerging clean technologies accessible and scalable.

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Green Cement Market size was valued at USD 33.31 Billion in 2023 and is poised to grow from USD 36.74 Billion in 2024 to USD 80.5 Billion by 2032, growing at a CAGR of 10.30% during the forecast period (2025-2032).

Global market for green cement is slightly fragmented, with a number of major manufacturers active on both a global and regional scale. To increase their individual product portfolios and establish a solid foothold in the global market, key players are working on product development and strategic alliances. Anhui Conch Cement Co., Ltd., Cemex, China National Building Material Co., Ltd. (CNBM), Italcementi, HeidelbergCement, Navrattan Blue Crete Industries Pvt., Ltd, and others are major market participants. 'CarbonCure Technologies Inc.', 'CEMEX S.A.B. de C.V.', 'CRH plc', 'Fortera Corporation', 'Heidelberg Cement AG', 'Siam Cement Public Company (SCG)', 'Kiran Global Chem Limited', 'Taiheiyo Cement Corporation', 'Anhui Conch Cement Company Limited', 'Votorantim Cimentos S.A.', 'UltraTech Cement Ltd.', 'ACC Ltd.', 'Buzzi Unicem SpA', 'China Resources Cement Holdings', 'JSW Cement Ltd', 'Colacem S.p.A.', 'Dalmia Cement', 'Taiwan Cement Corporation', 'Mitsubishi Materials Corp.', 'Holcim Philippines, Inc.'

The green cement market is driven due to the growing use of specialty green cementing polymer synthesis is the growth driver for the underground specialty cement industry. Utilized in wires and links, devices, conductive bundling, film and sheet, filaments, mouldings, and lines are the polymer created using specialty green cement. Specialty green cement is increasingly being employed to give polymers unmatched functions like UV security and conductive characteristics. Green cement also has a wide range of applications in the construction of printing inks as a result of its extraordinary pigmenting ability. The need for specialty green cement is being driven by the overall growing interest in printing inks in the packaging industry during the anticipated period.

Green cement use has increased in the residential sector as a result of an increase in building rules and legislation that demand energy-efficient buildings.

Because of the development of National Emission Standards for Hazardous Air Pollutants (NESHAP) for the Portland cement manufacturing industry, the market in North America is anticipated to account for the greatest revenue share in the global market. The Environmental Protection Agency also regulates these Portland cement plant performance standards (EPA). According to the region's current legislation, cement factories in the state are required to report their greenhouse gas emissions in accordance with all of the specifications listed in the regulations. As green cement helps to reduce the carbon footprint of cement manufacturing, manufacturers in the area are investing more and more in its production to comply with laws.

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Global Green Cement Market
Green Cement Market

Report ID: SQMIG15F2081

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