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.
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An experimental study published in the American Journal of Construction and Building Materials, for instance, examined the usefulness of RCA (recycled coarse aggregates) combined with natural and locally available Pozzolana. The study involved the assessment of eight concrete mix scenarios, using varying combinations of RCA, NCA (natural coarse aggregates), and Pozzolana, through a series of slump tests and compressive strength tests.
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 industry 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.
Rising awareness regarding the benefits of eco-friendly construction materials is likely to boost global green cement market 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.
On the regional front, 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:
Chapter 4 Green Cement Market, By Product
4.1 Global Green cement Market product insights
4.2 Fly-ash based
4.2.1 Market estimates and forecast, 2016 – 2026
4.2.2 Market estimates and forecast by region, 2016 – 2026
4.3 Slag based
4.3.1 Market estimates and forecast, 2016 – 2026
4.3.2 Market estimates and forecast by region, 2016 – 2026
4.4 Recycled aggregates
4.4.1 Market estimates and forecast, 2016 – 2026
4.4.2 Market estimates and forecast by region, 2016 – 2026
4.5.1 Market estimates and forecast, 2016 – 2026
4.5.2 Market estimates and forecast by region, 2016 – 2026
Chapter 5 Green Cement Market, By Application
5.1 Global Green cement Market application insights
5.2.1 Market estimates and forecast, 2016 – 2026
5.2.2 Market estimates and forecast by region, 2016 – 2026
5.3.1 Market estimates and forecast, 2016 – 2026
5.3.2 Market estimates and forecast by region, 2016 – 2026
5.4.1 Market estimates and forecast, 2016 – 2026
5.4.2 Market estimates and forecast by region, 2016 – 2026
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