Sale

Green Concrete Market

Global Green Concrete Market Size, Share, Trends, Forecast: By Type: Ground Granulated Blast-Furnace Slag Concrete, Fly Ash Concrete, Silica Fume Concrete, Others; By Design: Reinforced Cement Concrete, Plain Cement Concrete, Pre-Stressed Cement Concrete; By Application; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Green Concrete Market Outlook

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.

 

Figure: Investment Needs for Building Green Will Amount to USD 1.5 Trillion in Emerging Markets in the Next Decade (USD Trillion)

Global Green Concrete Market

 

Key Trends and Developments

Rising focus on sustainable construction; cost-effectiveness offered by green concrete; growing demand for environment-friendly construction materials; and rapid urbanisation and growing housing demand are the major factors impacting the green concrete market growth

 

May 2, 2023

Sika AG announced the closing of the acquisition of MBCC Group, a renowned supplier of construction chemicals, that focuses on innovation and sustainability.

 

Jul 19, 2022

Holcim signed an agreement with Ol-Trans to acquire the latter’s five concrete plants. Through this, the company aims to expand its ready-to-mix portfolio across Northern Poland while boosting the sales of its low-carbon ECOpact green concrete.

 

Jan 28, 2022

Holcim partnered with Eni, an energy expert, to examine the storage potential of CO2-loaded olivine, a widely available material, for use as a low-emission raw material in its green cement.

 

Jan 6, 2022

Pan-United Corporation, a concrete provider, signed an agreement for its subsidiary, FiCO Pan-United Concrete Joint Stock Company with Novaland Group to deliver sustainable concrete solutions.

 

Increasing construction of sustainable buildings

The rising construction of sustainable buildings owing to the escalating eco-consciousness among the population is driving the demand for greener building materials, such as green concrete.

 

Cost effectiveness of green concrete

Green concrete is economical as it is produced using waste products and fewer fossil fuels, thus eliminating the need for raw materials and requiring less energy.

 

Rising demand for environment friendly construction materials

Green concrete is an eco-friendly building material developed from construction and demolition wastes or blast furnace slag, recycled glass aggregate, and fly ash. Thus, it reduces the amount of construction waste and requires less energy during the production process. Moreover, it has a lower carbon footprint when compared to other building materials.

 

Rapid urbanisation driving the demand for affordable housing solutions

Growing populations and rapid urbanisation worldwide are driving the demand for affordable housing. Construction of green buildings is low-cost, efficient, and helps in environment conservation.

 

Green Concrete Market Trends

Nearly 39% of global carbon emissions are contributed by the construction industry. Increasing environmental awareness and rising interest in sustainable building solutions is augmenting the use of green concrete by engineers, architects, and construction companies. By utilising industrial waste and reducing carbon emissions, green concrete creates sustainable constructions.

 

Various leading companies are expected to develop green concrete from cement made from a unique mix of fly ash and waste materials such as gaseous carbon dioxide and ground glass, among others. Furthermore, the utilisation of sustainable building materials in infrastructure projects supports the green concrete market expansion.

 

Green Concrete Market By Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Segmentation

“Global Green Concrete Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Ground Granulated Blast-Furnace Slag Concrete
  • Fly Ash Concrete
  • Silica Fume Concrete
  • Others

 

Market Breakup by Design

  • Reinforced Cement Concrete
  • Plain Cement Concrete
  • Pre-Stressed Cement Concrete

 

Market Breakup by Application

  • Residential
  • Commercial
  • Infrastructure

 

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Based on design, reinforced cement concrete dominates the green concrete market share

Increased research activities are being conducted to improve tensile strength and lower carbon footprint of concrete via the addition of fibres and recycled/waste materials. In February 2022, Skanska initiated the trial of low-carbon reinforced concrete solution on M42 junction 6 upgrade scheme of National Highways in the UK.

 

Meanwhile, there is a growing demand for pre-stressed cement concrete owing to its durability, expansive shelf life, and tensile capacity. Moreover, the minimisation of cracks and reduced risk of reinforcement corrosion offered by pre-stressed cement concrete is driving its use in the construction sector.

 

The residential sector is a significant contributor to the global green concrete market revenue

The increasing global population is driving the demand for more houses, and the surge in eco-consciousness is resulting in the use of greener construction materials, like green concrete. The growing research activities on using alternative binding materials such as alkali-activated binders, supplementary cementitious materials, and recycled materials like wastewater to enhance the properties of green concrete when compared to regular concrete are likely to augment its use for residential building construction.

 

Green Concrete Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Competitive Landscape

The market players are focusing on research and development to produce green building materials and are constantly innovating to meet the growing sustainability demands.

 

Sika AG

Sika AG, headquartered in Switzerland, is a speciality chemicals company providing solutions for bonding, sealing, damping, reinforcing, and protection in the building sector and automotive sectors.

 

Holcim Ltd.

The company, established in 1912, operates across four business segments which include cement, ready-mix concrete, aggregates, and other products (including asphalt and mortar).

 

Saint-Gobain Group

Saint-Gobain Group, a French company, is primarily engaged in designing, manufacturing and distribution of materials and solutions for the construction, mobility, and industrial markets.

 

Hanson UK

Headquartered in the UK, the company is engaged in the manufacture of aggregates (crushed rock, sand, and gravel), ready-mixed concrete, asphalt, cement, and cement-related materials.

 

Pan-United Corporation Limited

With headquarters in Singapore, Pan-United Corporation Ltd (Pan-United) is an industry leader in ready-mix concrete and logistics.

 

Green Concrete Market Analysis by Region

Europe is a key demand generator for green concrete solutions. Increasing focus on promoting circularity in the construction sector has surged the use of concrete that uses recycled and waste products as raw materials to reduce carbon emissions in the region. The rising investments in innovative carbon capture technologies by various governments have significantly surged the production of carbon-neutral cement.

 

The strong position of the European region in the green concrete market can be attributed to widespread awareness regarding advantages of green concrete in the region and governmental regulations for sustainability of buildings. In 2021, the United Kingdom government released new targets for green residential and commercial buildings, with an aim to achieve net-zero emissions by 2050. From 2021, all residential homes are required to produce 31% lower carbon emissions.

 

Several construction projects already underway using green concrete. In October 2021, CEMEX S.A.B. de C.V supplied 3,500 m³ of Vertua green concrete for the construction of the P180 office building in Warsaw, Poland.

 

Meanwhile, in the Asia Pacific, the government is putting in efforts to increase the adoption of environmentally friendly building materials in the growing construction market. This has resulted in replacing cement with industrial waste to produce affordable green concrete solutions to build robust infrastructure while reducing its carbon footprint.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Design
  • Application
  • Region
Breakup by Type
  • Ground Granulated Blast-Furnace Slag Concrete
  • Fly Ash Concrete
  • Silica Fume Concrete
  • Others
Breakup by Design
  • Reinforced Cement Concrete
  • Plain Cement Concrete
  • Pre-Stressed Cement Concrete
Breakup by Application
  • Residential
  • Commercial
  • Infrastructure
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Sika AG
  • Holcim Ltd.
  • Saint-Gobain Group
  • Hanson UK
  • Pan-United Corporation Limited
  • 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    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Green Concrete Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Green Concrete Historical Market (2018-2023) 
    8.3    Global Green Concrete Market Forecast (2024-2032)
    8.4    Global Green Concrete Market by Type
        8.4.1    Ground Granulated Blast-Furnace Slag Concrete
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Fly Ash Concrete
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Silica Fume Concrete
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Green Concrete Market by Design
        8.5.1    Reinforced Cement Concrete
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Plain Cement Concrete
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Pre-Stressed Cement Concrete
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
    8.6    Global Green Concrete Market by Application
        8.6.1    Residential
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Commercial
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Infrastructure
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)    
    8.7    Global Green Concrete Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Green Concrete Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Green Concrete Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Green Concrete Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Green Concrete Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Green Concrete Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    Sika AG
            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    Holcim Ltd.
            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    Saint-Gobain Group
            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    Hanson UK
            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    Pan-United Corporation Limited
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends  and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Detailed Process Flow
    1.2    Operations Involved
    1.3    Mass Balance
2    Project Requirements and Cost Analysis 
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments


List of Key Figures and Tables

1.    Global Green Concrete Market: Key Industry Highlights, 2018 and 2032
2.    Global Green Concrete Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Green Concrete Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Green Concrete Historical Market: Breakup by Design (USD Million), 2018-2023
5.    Global Green Concrete Market Forecast: Breakup by Design (USD Million), 2024-2032
6.    Global Green Concrete Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Green Concrete Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Green Concrete Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Green Concrete Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Green Concrete Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Green Concrete Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Green Concrete Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Green Concrete Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Green Concrete Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Green Concrete Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Green Concrete Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Green Concrete Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Green Concrete Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Green Concrete Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    North America Historical Price Trends and Forecast 2018-2032
21.    Europe Historical Price Trends and Forecast 2018-2032
22.    Asia Pacific Historical Price Trends and Forecast 2018-2032
23.    Latin America Historical Price Trends and Forecast 2018-2032
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
25.    Global Green Concrete Market Structure

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.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER