According to Stratistics MRC, the Global Green Cement market is expected to grow from $2.47 billion in 2016 to reach $7.83 billion by 2023 with a CAGR of 17.8%. Some of the factors propelling the market growth are raising demand for construction of non-residential, residential buildings and governments supporting green architecture for sustainable development. On the other hand, dependence of green cement on various end users is one of the major restraints restricting the market growth.
Based on the application, residential segment has accounted the highest market share and the growth of this segment is attributed to the growing population density and increasing number of multifamily housing projects in developing regions. By product type, slag based segment is dominating the green cement market and the demand for green cement is rising rapidly as it is used in residential sector. North America is expected to witness huge growth rate and the growth of this region is owed to rapid industrialization and urbanization.
Some of the key players in global green cement market include Anhui Conch Cement Company, Calera Corporation, CeraTech, China National Building Material Company Limited (CNBM), Ecocem Ireland Ltd, HeidelbergCement AG, Italcementi , Kiran Global Chems , LafargeHolcim, Navrattan Blue Crete Industries Pvt., Ltd., Siam Cement Public Company (SCG), Taiheiyo Cement Corporation, Taiwan Cement Corporation and Votorantim cimentos S.A.
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Product Types Covered:
• Fly ash based
• Slag based
• Other Product Types
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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