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Green Cement Market Trends

Report ID: GMI1310
Published Date: Aug 2023
Report Format: PDF

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Green Cement Market Trends

There is a surge in R&D activities aimed at advancing the formulation and performance of sustainable cement alternatives. This trend is driven by an increasing emphasis on reducing carbon emissions and enhancing the environmental footprint of construction materials. As technologies evolve and awareness deepens, manufacturers are striving to develop innovative green cement solutions that not only rival the properties of traditional cement but also offer enhanced durability, flexibility, and compatibility with diverse construction applications. The ongoing pursuit of novel formulations to meet evolving sustainability standards will shape the market landscape.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of green cement is estimated to grow at a CAGR of over 5.3% during 2023 and 2032, driven by wider acceptance of sustainable construction practices.

The fly-ash based green cement market held a significant revenue share in 2022 and is poised to gain traction, propelled by the minimized waste and reduced carbon emissions.

Asia Pacific market for green cement is projected to generate lucrative growth prospects over 2023 to 2032, driven by rapid urbanization, expanding infrastructure projects, and escalating environmental concerns.

CEMEX, LafargeHolcim, HeidelbergCement, UltraTech Cement, ACC Limited, Taiheiyo Cement Corporation, Votorantim Cimentos, Siam Cement Group (SCG), China National Building Material (CNBM), and Dalmia Cement among others