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Global Green Cement Market to Grow at a CAGR of 9.3% During 2021-2026, Aided by the Rising Demand for Sustainable Building Products

Green Cement Market

Global Green Cement Market: By Product Type: Fly Ash-Based, Slag-Based, Limestone-Based, Silica Fume-Based; By End Use; Residential, Non-Residential, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Price Analysis; Competitive Landscape; Industry Events and Developments

Global Green Cement Market Outlook

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 2023-2028.

The green cement market is being driven by the rising environmental concern and the growing demand for sustainable products. The growth of the construction industry is further supporting the market growth globally.

 

Green Cement Market

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The slag-based cement segment, among various product-types, accounts for a significant share in the global green cement market. Its growing popularity among consumers is expected to aid the industry growth further. Among various end-use sectors, the residential sector dominates the market owing to the rising demand for and construction of houses, offices, and others. 

North America leads the market owing to the favourable government initiatives and increased infrastructural activities within the region. The rapid urbanisation and growing industrialisation, particularly in developing regions like the Asia Pacific, is expected to provide enhanced growth opportunities to the industry over the forecast period.

 

Green Cement Market by End Use

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Market Segmentation

Green cement, manufactured using industrial by-products such as fly ash, blast furnace slag, and recycled industrial waste, is a cleaner alternative to traditional cement. Cement is a strong binding agent that serves as an essential raw material in the construction sector; however, its manufacturing is one of the major sources of greenhouse gas emissions. Thus, green cement is being increasingly adopted by consumers over traditional cement, aiming to reduce the carbon footprints in the environment and abide by government regulations. 

The various green cement product-types available in the industry include:

  • Fly Ash-Based 
  • Slag-Based
  • Limestone-Based
  • Silica Fume-Based

On the basis of end-use, the market is divided into:

  • Residential
  • Non-Residential
  • Others

The report also covers the regional markets for green cement like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Green Cement Market by Region

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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. 

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global green cement market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • CEMEX S.A.B. de C.V.  
  • HeidelbergCement AG
  • UltraTech Cement Ltd.  
  • LafargeHolcim Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, End Use, Region
Breakup by Product Type Fly Ash-Based, Slag-Based, Limestone-Based, Silica Fume-Based
Breakup by End Use Residential, Non-Residential, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered CEMEX S.A.B. de C.V., HeidelbergCement AG, UltraTech Cement Ltd., LafargeHolcim Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Green Cement Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Green Cement Historical Market (2018-2022) 
    8.3    Global Green Cement Market Forecast (2023-2028)
    8.4    Global Green Cement Market by Product Type
        8.4.1    Fly Ash-Based  
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Slag-Based 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Limestone-Based  
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Silica Fume-Based
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
    8.5    Global Green Cement Market by End Use
        8.5.1    Residential  
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Non-Residential 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Others
    8.6    Global Green Cement Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Green Cement Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Green Cement Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Green Cement Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Green Cement Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Green Cement Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    CEMEX S.A.B. de C.V.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    HeidelbergCement AG
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    UltraTech Cement Ltd.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    LafargeHolcim Ltd
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Others
18    Key Trends and  Developments in the Market


List of Key Figures and Tables

1.    Global Green Cement Market: Key Industry Highlights, 2018 and 2028
2.    Global Green Cement Historical Market: Breakup by Product Type (USD Million), 2018-2022
3.    Global Green Cement Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4.    Global Green Cement Historical Market: Breakup by End Use (USD Million), 2018-2022
5.    Global Green Cement Market Forecast: Breakup by End Use (USD Million), 2023-2028
6.    Global Green Cement Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Green Cement Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Green Cement Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Green Cement Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Green Cement Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Green Cement Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Green Cement Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Green Cement Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Green Cement Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Green Cement Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Green Cement Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Green Cement Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Green Cement Market Structure

Key Questions Answered in the Report

What is the growth rate of the global green cement market?

The market is projected to grow at a CAGR of nearly 9.3% in the forecast period of 2023-2028.

What are the major market drivers?

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.

What are the key industry trends of the market?

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

What are the major regional markets, according to the EMR report?

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.

What is the dominant product type of green cement in the industry?

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

Which end-use segment accounts for the largest market share?

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

Who are the key industry players, according to the report?

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

Analyst Review

The global green cement market grew at a healthy rate in the historical period due to the rising environmental concerns. Aided by the increasing need to adopt sustainable product development methods, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 9.3%.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the global green cement market can be segmented into fly ash-based, slag-based, limestone-based, and silica fume-based, with slag-based accounting for the largest market share. On the basis of end use, the residential sector accounts for the largest share in the global industry. The major regional markets for green cement are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include CEMEX S.A.B. de C.V., HeidelbergCement AG, UltraTech Cement Ltd., and LafargeHolcim Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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