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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Green Concrete Market Size
The global green concrete market size reached about USD 6.31 billion in 2023. The market is estimated to grow at a CAGR of 10.6% in the forecast period of 2024-2032 to reach a value of around USD 11.45 billion by 2032.
Key Takeaways
- Green buildings and renovations increase the asset value by over 9%.
- In 2021, the United States invested more than USD 86 billion in green building projects.
- Green concrete emits less carbon dioxide in comparison to conventional cement, and its use can reduce water consumption by almost 20%.
Green concrete can withstand high temperatures and requires relatively less energy during its production. It facilitates reduced consumption of natural resources like clay, shale, natural river sand, limestone, and natural rocks in the construction sector and further aids in the reduction of greenhouse gases.
The countries like India and China have been witnessing rapid growth in construction activities and significant government investments towards various infrastructural projects. The presence of a large population and the rising living standards are driving the demand for improved houses, which is aiding the market growth. Green concrete is witnessing increased utilisation in green building projects and energy-efficient building infrastructures owing to its sustainable and cost-effective nature.
Green Concrete Market Report Snapshots
Green Concrete Market Regional Analysis
*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 reached a value of about USD 6.31 billion in 2023.
The market is expected to grow at a CAGR of 10.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 11.45 billion by 2032.
The different types are ground granulated blast-furnace slag concrete, fly ash concrete, silica fume concrete, and others.
The key regional markets for green concrete are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The factors driving the market growth include rising sustainability concerns, growing construction activities, and favorable government initiatives for constructing green buildings.
The various applications include residential, commercial, and infrastructure.
The key players in the market include Sika AG, Holcim Ltd., Saint-Gobain Group, Hanson UK, and Pan-United Corporation Limited, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124