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The green cement market was valued at USD 39.76 Billion in 2024. The industry is expected to grow at a CAGR of 10.80% during the forecast period of 2025-2034. The market growth is majorly influenced by increased government regulations and incentives that are promoting eco-friendly practices in the construction industry. Green cement reduces carbon footprint and are energy efficient. Hence, the cement’s application is widely getting encouraged through tax benefits and subsidies. In turn, these factors have resulted in the market attaining a valuation of USD 110.88 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • According to a 2023 UNEP report, the global cement industry must reduce emissions by 16% by 2030 to meet climate goals, driving demand for green cement solutions. Hence, this presents an opportunity for companies that are providing eco-friendly cement alternatives through adoption of low-carbon technologies as the demand for sustainable construction continues.
  • Higher utilization of recycled materials in the production of cement and reduced carbon emissions while endorsing circular economy efforts, thus aiding the green cement market growth. Companies can capitalize on lower-cost raw materials such as fly ash and innovate their offering, thereby maintaining compliance with the sustainability agenda.
  • Government regulations and sustainability goals are also encouraging demand for low-carbon and eco-friendly construction materials. Companies that provide green cement solutions are expected to benefit from tax breaks, subsidies, or credits for green building for adopting sustainable construction materials. They can also promote their green cement as both private and public construction projects are increasingly focusing on sustainability as a key parameter.

Competitive Landscape

The green cement market players are concentrating on sustainable innovation with eco-friendly products such as low-carbon cement and green concrete. Their goal is a reduction of CO2 emissions toward carbon neutrality, which will assist in rising demand for sustainable construction materials worldwide. These green cement companies continue to work through complex innovations, renewable energy sources, and efficient production techniques to balance environmental responsibility with economic viability in the evolving landscape of the industry.

Key Market Players

Key industry leaders in this market are:

CEMEX S.A.B. de C.V.

Founded in 1906, located in Monterrey, Mexico, CEMEX produces Vertua, a reduced-emission cement range that follows the principles of sustainable development for environmentally friendly construction.

HeidelbergCement AG

Established in 1874, based in Heidelberg, Germany, HeidelbergCement produces low-carbon cement known as EcoCem and aims at carbon neutrality using renewable energy and modern technology.

UltraTech Cement Ltd.

Established in 1983, headquartered in Mumbai, India, UltraTech Cement provides sustainable products like UltraTech Weather Plus and green concrete, emphasizing eco-friendly solutions and low-carbon construction.

LafargeHolcim Ltd

LafargeHolcim Ltd, established in 2015 and headquartered in Zug, Switzerland, offers innovative green cement solutions under its ECOPlanet brand. These low-carbon cements utilize recycled materials and alternative fuels, reducing CO2 emissions by up to 50%. LafargeHolcim’s commitment to sustainability supports eco-friendly construction and advances global efforts toward carbon-neutral building practices.

Green Cement Market Report Snapshots

Green Cement Market Size

Green Cement Market Analysis

Green Cement Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The green cement market is assessed to grow at a CAGR of 10.80% between 2025 and 2034.

The major drivers of the industry include rising disposable incomes, increasing population, growing construction industry, rising adoption of sustainable product development methods due to the increasing environmental concerns, increasing urbanisation, and growing industrialisation.

The stringent government regulations pertaining to the use of sustainable products is expected to be a key trend guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.

Slag-based cement segment is the dominant product type in the market. 

The residential sector accounts for the largest market share, among other end-use segments in the industry.

The leading players in the market are CEMEX S.A.B. de C.V., HeidelbergCement AG, UltraTech Cement Ltd., and LafargeHolcim Ltd, among others.

In 2024, the market reached an approximate value of USD 39.76 Billion.

The market is estimated to witness healthy growth in the forecast period of 2025 and 2034 to reach a value of around USD 110.88 Billion by 2034.

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