Enjoy complimentary customisation on priority with our Enterprise License!
Technavio’s market research analyst predicts the global green cement market to grow at a CAGR of almost 15% by 2020. Green cement is considered as a maintainable construction material as it requires less natural resources, releases less CO2, and reduces the water use in construction. The key factors driving growth in the global market are the availability of raw material and rising awareness of the green building concept, especially in the developing countries. Recently, CEMEX has come up with a green cement, Rizal Green, that can be used in driveways, fences, and ground-floor slabs for residential construction. Moreover, the side-effects of cement manufacturing have created environmental compliance issues, which will propel the demand for green cement during the forecast period.
According to this market research analysis, an interesting trend gaining momentum in the market is the use of waste as alternative fuels (AF) in cement kilns. The utilization of wastes such as used tires, solid recovered fuels, used oils, animal meal, sewage sludge, foundry sand, fly ashes, and filter cakes as AF in cement kilns helps to lower CO2 emissions during the cement production process. Moreover, the cement kilns make more efficient use of the calorific value of the waste material as they approach 100% efficiency in using it. An overall reduction of CO2 emissions reduces the environmental impact of the greenhouse gas (GHG) during the combustion of wastes, thereby increasing the application of waste in cement production process.
The residential sector was the largest end-user of green cement in 2015 and occupied around 52% of the total market share. The changes in population density due to urban migration, are bringing huge investments in new residential units, especially in the urban regions. Moreover, the development of new multifamily housing projects especially in APAC and MEA regions will contribute to the growth of this segment in the coming years.
The Americas will continue to dominate the market by 2020 and is expected to account for more than 38% of the overall market share. The US will be the largest market for green cement products as stringent regulations regarding GHG emissions will push for extensive demand for such products in construction. Factors such as fast urbanization and industrialization in several developing regions such as Brazil will aid to the growth of the market in the Americas over the next four years.
The market is fragmented with the presence of global and regional players. The global players dominate this market making it difficult for the local vendors to sustain especially in terms of innovation and prices. The key vendors are focusing towards technological advancements and mergers and acquisitions and are expected to expand inorganically by obtaining regional or small local players during the forecast period. Competition in the market is expected to intensify with the introduction of many innovative manufacturing processes.
Key vendors in the market are -
Other prominent vendors in the green cement market are CeraTech, Calera, and Kiran Global Chems.
Technavio also offers customization on reports based on specific client requirement.
Green cement is a sustainable construction material that meets or exceeds the functional performance of conventional cement. It comprises optimized recycled materials, consumes fewer natural raw materials, water, and energy, and emits fewer greenhouses gasses, mainly carbon dioxide. LafargeHolcim, Eurocement, and Cemex, and Sinoma are some of the key players in this market space.
The report, global green cement market, is part of Technavio’s chemicals and materials research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as additives, adhesives and sealants, agrochemicals and fertilizers, bio-chemicals and bio-materials, chemical engineering equipment, glass and ceramics, industrial gases, metals and minerals, olefins, paints, coatings, and pigments, personal protective equipment, plastics, polymers, and elastomers, and specialty chemicals. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global cement market
PART 06: Market landscape
PART 07: Geographical segmentation
PART 08: Market segmentation by end-use
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: Explore Technavio
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.