The green cement market is poised to record noteworthy gains on account of rising adoption of eco-friendly raw materials across the construction sector. Increasing emphasis on sustainable infrastructural development would propel the demand for green construction materials. The construction sector is experiencing significant demand for sustainable architecture, especially across developing countries.
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.
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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 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 green cement market from the industrial segment is set to exhibit a 4.8% CAGR through 2026. The manufacturing sector in developing nations, especially across Eastern Europe and the Asia Pacific is gaining strong traction in recent years. Businesses are rapidly shifting their production facilities to developing regions, due to the availability of abundant raw materials and affordable labor, thus driving up the demand for green construction materials.
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.
On the regional front, the European green cement industry 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:
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 industry 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 Market revenue estimates for Fly-ash based, by region, (USD Million), 2016 – 2026
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