Report Overview

The global green cement market size has been witnessing a continuous expansion since the past few years. The market is projected to grow at a CAGR of 9.3% over the forecast period of 2024-2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

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.
  • Higher utilization of recycled materials in cement and reduced carbon emissions while endorsing circular economy efforts, thus aiding the green cement market growth.
  • Government regulations and sustainability goals are also encouraging demand for low-carbon and eco-friendly construction materials.

Green Cement Market Analysis

The growing need to adopt sustainable product development methods owing to the rising environmental concern is leading to the increased consumption of green cement across the globe. The global green cement market is being supported by its increased application in the residential sector. The rapid urbanisation, growing population, and increased industrialisation is driving this trend.  

The rising concerns regarding climate change and environmental pollution, coupled with the depletion of natural resources, is leading to the adoption of green cement varieties in the construction sector. The growth of the construction industry is expected to drive the demand for sustainable construction materials, which is aiding the growth of the green cement market globally.

Moreover, the stringent government regulations pertaining to the use of sustainable products are providing a boost to the industry. The manufacturers are continuously innovating their products owing to the increased research and development activities in the field, which is expected to further aid the industry growth over the forecast period.

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 market is projected to grow at a CAGR of nearly 9.3% in the forecast period of 2024-2032.

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.

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30 North Gould Street, Sheridan, WY 82801

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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