Global Green Cement Market

Global Green Cement Market Size, Share, Growth Analysis, By Product(Fly-Ash Based, Slag Based), By End Use(Commercial Sectors, Residential Sector) - Industry Forecast 2024-2031

Report ID: SQMIG15F2081 | Region: Global | Published Date: July, 2036
Pages: 157 | Tables: 65 | Figures: 75

Global 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 28.48 billion in 2019 and is poised to grow from USD 32.28 billion in 2023 to USD 73.1 billion by 2031, growing at a CAGR of 10.76% in the forecast period (2024-2031).

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. 'LafargeHolcim Ltd.', 'HeidelbergCement AG', 'CEMEX S.A.B. de C.V.', 'CRH plc', 'Taiheiyo Cement Corporation', 'China National Building Material Company Limited', 'Vicat', 'Ecocem Ireland Ltd.', 'CeraTech Inc.', 'Solidia Technologies, Inc.', 'CarbonCure Technologies Inc.', 'Calera Corporation', 'Ash Grove Cement Company', 'Cement Australia Holdings Pty Limited', 'Italcementi S.p.A.', 'China Resources Cement Holdings Limited', 'Titan Cement Company S.A.', 'Birla Corporation Limited', 'UltraTech Cement Limited', 'Ramco Cements Limited'

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

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