Green Cement Market - Forecast(2023 - 2028)

Report Code: CMR 75686 Report Format: PDF + Excel
Overview

Green Cement Market size is forecast to reach $43.52 billion by 2025, after growing at a CAGR of 8.50% during 2020-2025. Cements used in construction are usually inorganic, often lime or calcium silicate based. Green cement belongs to the category of cement that has the functional properties of the standard cement but do not cause any harmful effect on the environment. The product is manufactured using waste materials such as recycled concrete, slag, power plant wastes and quarrying and mining wastes. The eco-friendly nature of green cement is influencing various end users to adopt, thereby, increasing the green cement market growth during the forecast period.

 Key Takeaways
  • Green cement is an eco-friendly substitute for traditional cement which can reduce carbon di oxide emissions at construction sites by 40%. 
  • Increasing construction activities across globe on account of rising urbanization and population is anticipated to boost green cement market. 
  • Green cement market is expected to witness rapid technological development in near future on account of the emergence of Limestone Calcinated Clay Cement (LC3) and Frerrocrete technologies to advance the effectiveness of green cement. 
By Product Type - Segment Analysis

Fly-ash based segment held a significant share in green cement market in 2019. Fly ash is finely divided residue resulting from the combustion of powdered coal and transported by flue and noxious gases and collected by electrostatic precipitation. Fly ash is most used pozzolanic material all over the world. According to World Bank, the volume of fly ash produced is about 75 million tons per year. Fly ash improves both fresh concrete and hardened concrete properties of hydraulic cement concrete.

By End-user Industry - Segment Analysis

Residential segment held a significant share in green cement market in 2019 growing at a CAGR of 8.90% during the forecast period. Rising number of building codes and policies mandating energy-efficient structures have led to the growth of green cement in the residential sector. With increasing demand for sustainable products and enactment of stringent carbon emission regulations, emphasis on developing zero waste regions is increasing. Consumption of the product in industrial constructions is expected to increase owing to its properties like to stabilize, solidify and encapsulate radioactive & metallic wastes.

Geography- Segment Analysis

North America dominated the green cement market with a share of more than 43.7%, followed by APAC and Europe.  The demand for new homes in the United States has been increasing consistently, since the past few years, owing to the growing population and rising consumer incomes in the country. With growing trend of multi-family building, and rise in migration to cities, the US Census Bureau has been providing more permits for the construction of new residential buildings. 

Reduction in the average household sizes has also been a driving factor for the growth of new home constructions in the United States, with single-family housings growing at a rapid rate. Moreover, the aforementioned factors, along with growing focus on green buildings, are providing opportunities for the green cement used in the construction sector at a high rate, during the forecast period. 

Drivers – Green Cement Market 
  • Rising attention towards carbon gas emissions
Green cement is gaining high demand to replace porcelain cement owing to the environmental friendly properties associated with it. Rising attention towards carbon gas emission and its impact on the environment is expected to augment the green cement market during the forecast period. In addition, rising adoption of green building concept, which is certified as a Leader in Energy and Environmental Design (LEED) and easy availability of raw materials, is one of the key factors expected to boost industry demand. 

Challenges – Green Cement Market
  • Less life
Structures which are constructed using green concrete have less life than the structures constructed by the conventional concrete. As they have less life span they cannot be used for important structures like bridges, dams etc. For the use in dams and bridges special air-entraining agents are mixed in the concrete which increases the overall cost of the structures. Moreover, split tensile strength of green cement is less due to which more reinforcements are needed, which increases the construction cost of the structure. 

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the green cement market. In 2019, the market of green cement has been consolidated by the top five players accounting for xx% of the share. Major players in the green cement market are HeidelbergCement AG, LafargeHolcim Ltd., Taiheiyo Cement Corporation, Taiwan Cement Corporation, Ecocem Ireland Ltd., ACC Limited, UltraTech Cement Ltd, Calera Corporation, Ceratech, Inc, Solidia Technologies, Inc. and Cenin Cement among others. 

Geographical Expansion
  • In April 2019, Ecocem planned €45m ‘green’ cement mill in US.
  • In September 2017, ACC Ltd launched Chandrapur Green Building Centre.
1. Green Cement Market - Overview
        1.1 Definitions and Scope
2. Green Cement Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Green Cement Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Green Cement Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Green Cement Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Green Cement Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Green Cement Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Green Cement Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Fly Ash-based
        8.2 Slag-based
        8.3 Limestone-based
        8.4 Silica fume-based
9. Green Cement Market - By Type(Market Size -$Million / $Billion)
10. Green Cement - End-user Industry  (Market Size -$Million / $Billion)
  10.1 Residential
10.2 Non-residential
10.2.1 Commercial
10.2.2 Industrial
11. Green Cement- By Geography (Market Size -$Million / $Billion)
        11.1 Green Cement Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Green Cement- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Green Cement- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Green Cement - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Green Cement - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Green Cement Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Green Cement Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Green Cement Market - Key Company List by Country Premium
15. Green Cement Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Calera
        15.3 Cemex
        15.4 Ceratech
        15.5 Heidelberg Cement
        15.6 Kiran Chems
        15.7 Lafargeholcim
        15.8 National Building Material
        15.9 Navrattan Blue Crete Industry Pvt Ltd
        15.10 Siam Cement Public Company
        15.11 Taiheiyo Cement Corporation
        15.12 Zuari Group
        15.13 Company 12
        15.14 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Green Cement Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Green Cement Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends