About Green Cement
Green cement provides better functionality and requires less natural materials during production also releases less carbon dioxide than the traditional cement. Green cement include repair material for the construction sector and as a binder in waste management. It comprises of various cement that exhibit functional properties which are with conventional cement and do not involve adverse impact on the environment. The manufacturing process is considered by relatively lower carbon dioxide emissions as compared to ordinary cement manufacturing. Green cement belongs to the category of cement that has the useful properties of the standard cement and cause any harmful effect on the environment.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The players operating in the cement industry are shifting their focus towards eco-friendly raw materials such as fly ash, slag, recycled aggregates, and silica fumes, and burnt clay among others to mix them with lime and other solutions to prepare cement. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that German Manufacturers will contribute the maximum growth to Global Green Cement market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CEMEX S.A.B. de C.V. (Mexico), China National Building Material Co., Ltd. (China), BASF SE (Germany), Heidelbergcement Ag (Germany), Lafargeholcim Ltd (Switzerland), Taiwan Cement Corporation (Taiwan), Taiheiyo Cement Corporation (Japan), Kiran Global Chems (India), Navrattan Blue Crete Industries Pvt. (India) and Siam Cement Public Company (Taiwan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Ecocem Ireland Ltd (Ireland), Italcementi (Italy) and Votorantim Cimentos (Brazil).
Segmentation Overview
AMA Research has segmented the market of Global Green Cement market by Type (Fly Ash Based, Slag Based, Geopolymer and Others), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Green Cement has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Fly Ash will boost the Green Cement market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Developments in Production Techniques and Innovations and Up-Gradations of Raw Materials
Market Growth Drivers:
Raising Awareness Related to Reduction in Carbon Emissions, Increasing Governmental Initiatives towards Utilization of Industrial By-Products and Growing Demand of Commercial Constructions
Challenges:
Use of Low Calcium Fly Ashes Results in Low Strength and Corrosion in the Steel Bars can occur if the Aggregates Used are not free from Corrosion Leading Agents
Restraints:
Slow Adoption Rate among the Local or Smaller Builders and Split Tensile Strength of Green Cement is less than the Conventional Concrete
Opportunities:
Increasing Infrastructural Development in Emerging Economies
Key Target Audience
Manufacturers of Green Cement, Suppliers of Green Cement, Wholesalers, Distributers and Retailers of Green Cement, Regulatory Organizations and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.