The green cement market is set to grow from its current market value of more than USD 609.3 million to over USD 678.2 million. Rising awareness regarding the benefits of eco-friendly construction materials is likely to boost global green cement industry share over the forecast spell. Recent years have observed a significant rise in urbanizations worldwide. In developing economies, particularly, the demand for commercial spaces is witnessing a marked increase, enhancing construction activities, and in turn green cement industry dynamics.

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Manufacturers are also making targeted efforts towards R&D for innovative sustainable construction materials, which could impel market expansion. For instance, in 2018, HGCT (Hoffman Green Cement Technologies) unveiled its first green cement facility, based in Vendee, France. This project was funded by a €10 million public-private investment and was built to produce over 50,000 tons of green cement.

Based on the product spectrum, the green cement market from the recycled aggregate segment is anticipated to depict a commendable CAGR of over 3.5% through 2026. This growth is attributed mainly to rising green construction and building activities across Europe and North America.

Recycling of concrete aggregates is emerging rapidly as an important task for the construction industry worldwide, owing to the fast depletion of natural aggregate sources over the years. To that end, myriad efforts are being undertaken to integrate these green construction materials into building activities, in order to mitigate the burden on these natural sources.

The global construction industry has surged rapidly in recent years, as a result of rising economic stability in developing economies, alongside higher infrastructure spending. Rapid urbanization alongside burgeoning population levels in developing nations is contributing heavily to green cement market development.

Sustainable cement products are gaining widespread popularity over the years, as the adoption of LEED-certified green construction materials, buildings, designs, and architecture continues to increase. Furthermore, the widespread availability of raw materials is also expected to add impetus to green cement market growth over the coming years.

The modern construction industry is also witnessing persistent technological evolution in equipment raw materials and machinery alike, with the rapid acceptance of precast manufacturing in residential building projected to open up lucrative growth avenues for green cement manufacturers. However, the relatively short lifespan of green cement as compared to conventional cement could present a roadblock to industry growth in the years ahead.

The European green cement market accounted for almost 30% of the global share in terms of volume. Green cement is being adopted extensively across the European region, owing to the tax reliefs, favorable regulatory environments, and other advantages in the region. furthermore, the construction industry in Europe is starting to witness renewed interest and is likely to grow at a considerable pace over the years ahead. This robust development in the construction sector, coupled with a positive regulatory outlook in Europe is anticipated to boost regional product demand.

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Some Point from Table of Contents:

Data Tables

Table 1.    Green cement industry 360⁰ synopsis, 2016 - 2026

Table 2.    Global Green cement Market estimates & forecast, 2016 - 2026, (USD Million)

Table 3.    Global Green cement Industry revenue estimates by Product, 2016 - 2026, (USD Million)

Table 4.    Global Green cement industry revenue estimates, By Application, 2016 - 2026, (USD Million)

Table 5.    Global Green cement Industry revenue estimates, by region, 2016 - 2026, (USD Million)

Table 6.    Vendor matrix

Table 7.    Industry impact forces

Table 8.    Strategic dashboard

Table 9.    Global Green cement Industry estimates & forecast for Fly-ash based, (Kilo tons), 2016 - 2026

Table 10.    Global Green cement Market estimates & forecast for Fly-ash based, (USD Million), 2016 - 2026

Table 11.    Global Green cement Industry revenue estimates for Fly-ash based, by region, (Kilo tons), 2016 – 2026

Table 12.    Global Green cement Industry revenue estimates for Fly-ash based, by region, (USD Million), 2016 – 2026

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