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Market InsightsThe global green cement valued for US$ 18.06 Bn in 2017 growing with a CAGR of 10.2% through the forecast period from 2018 to 2026. Green cement is an eco-friendly substitute that is basically used in place of traditional cement. It points to lower carbon emissions at construction sites. There is no fixed method or formula to produce green cement. However, manufacturers are focusing on research and development activities to manufacture green cement by choosing innovative technologies. For example, Calera Group, based in California developed a Portland cement agent. This substitute basically contains calcium carbonate that is obtained from seawater and is mixed with carbon dioxide.
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Key market players in the global green cement market
• BASF SE,
• CarbonCure,
• Taiwan Cement Corporation,
• CEMEX,
• Votorantim cimentos S.A.,
• China National Building Material (CNBM),
• Zuari Group,
• LafargeHolcim,
• Calera,
• Heidelberg Cement,
• Anhui Conch Cement,
• Siam Cement Public Company (SCG),
• UltraTech Cement Ltd.,
• Navrattan Blue Crete Industries Pvt. Ltd.
• Kiran Global Chems
Market Synopsis, Value (US$ Bn)
Fly Ash Based Green Cement Segment driving the growth of Green Cement Market
By product type, fly ash based part is supposed to be the fastest rising segment during the forecast period from 2018 to 2026. Fly ash which is basically a byproduct of burning pulverized coal mainly finds use in various electric generation power plants. It is basically a waste product of coal combustion that is basically used as a recycled product used as a replacement for concrete cement. The trend points that manufacturers mixes 5 to 20 % fly ash in cement to make it green. Abundant availability from thermal plants is primarily driving this segment in the global green cement market through the forecast period. In addition, many government actions and regulations towards better utilization of fly ash rather than open land dumping is also supposed to spur the market demand during the forecast period. For example, In February 2018, the government of India started fly ash based mobile application named ASH TRACK that aims at proper and efficient management of fly ash produced by various thermal plants. This application also helps to provide an interface between potential ash users that includes road contractors, cement plants and ash producers (thermal power plants). In addition, the application will also help in topsoil protection, the reduction of fugitive emissions thereby shielding the environment and land conservation for sustainable development. In addition, increasing application of fly ash in the construction industry is also supposed to propel the market demand. Slag based green cement held the largest market share in 2017 owing to its expanding usage in the various residential concrete application that combines basement walls, footings, basement floor slabs, driveways, sidewalks and garages among others.
Residential Segment Known as the Dominant End-user Industry Segment in 2017 (View this segment in full report)
Europe is the Largest Region in the Global Green Cement Market (View this segment in full report)
Product Innovation Followed by Research and Development are the Key Strategies Adopted by the manufacturers (View this segment in full report)
Report Scope by Segments
Green cement market report describes understanding about the current market dynamics and strategies. It also focuses on the quantitative and qualitative analysis of the overall market. The report covers the global green cement market by categorizing the market in terms of product type, end-user industry, and geography. Publishing this broad research report points to aid the green cement market stakeholders and professionals in assisting strategic initiatives and decisions in the green cement market.
Product Type Segment (2016–2026; Kilo Tons, US$ Bn)
• Fly Ash Based
• Slag Based
• Recycled Aggregates
• Others (Aluminium Can Fibres, Rice-Husk Ash Based etc)
End-user Industry Segment (2016–2026; Kilo Tons, US$ Bn)
• Residential
• Non-residential
o Commercial
o Industrial
o Others
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Table of Content:
Chapter 5 Global Green Cement Market, by End-user Industry 39
5.1 Overview 39
5.1.1 Global Green Cement Market Value Share, by End-user Industry, 2017 & 2026 (Value, %) 40
5.1.2 Global Green Cement Market, by End-user Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 40
5.2 Residential 42
5.2.1 Global Green Cement Market, by Residential, 2016 – 2026 (Kilo Tons) (US$ Bn) 42
5.3 Non-residential 43
5.3.1 Global Green Cement Market, by Non-residential, 2016 – 2026 (Kilo Tons) (US$ Bn) 43
Chapter 6 Global Green Cement Market, by Geography 44
6.1 Overview 44
6.1.1 Global Green Cement Market Value Share, by Geography, 2017 & 2026 (Value %) 45
6.1.2 Global Green Cement Market, by Geography 2016 – 2026 (Kilo Tons) (US$ Bn) 45
6.2 North America 46
6.2.1 North America Green Cement Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 47
6.2.2 North America Green Cement Market, by End-user Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 48
6.2.3 North America Green Cement Market, by Country (Kilo Tons) (US$ Bn) 49
6.3 Europe 50
6.3.1 Europe Green Cement Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 50
6.3.2 Europe Green Cement Market, by End-user Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 52
6.3.3 Europe Green Cement Market, by Country/Region (Kilo Tons) (US$ Bn) 53
6.4 Asia Pacific (APAC) 54
6.4.1 APAC Green Cement Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 54
6.4.2 APAC Green Cement Market, by End-user Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 56
6.4.3 APAC Green Cement Market, by Country/Region (Kilo Tons) (US$ Bn) 57
6.5 Latin America (LATAM) 58
6.5.1 LATAM Green Cement Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 58
6.5.2 LATAM Green Cement Market, by End-user Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 60
6.5.3 LATAM Green Cement Market, by Country/Region (Kilo Tons) (US$ Bn) 61
6.6 Middle East and Africa (MEA) 62
6.6.1 MEA Green Cement Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 62
6.6.2 MEA Green Cement Market, by End-user Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 64
6.6.3 MEA Green Cement Market, by Country/Region (Kilo Tons) (US$ Bn) 65
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