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The most prominent region in the green cement market accounted for Asia Pacific, pertaining to huge availability of raw materials required for preparing green cement.
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Green Cement Market Green Cement Market to 2025 – Global Analysis and Forecasts By Type (Fly Ash, Recycled Aggregate, Slag, and Others); End Users (Commercial, Residential, and Industries)
Green Cement Market The global green cement market accounted to US$ 15.55 Bn in 2017 and is expected to grow at a CAGR of 13.3% during the forecast period 2018 - 2025, to account to US$ 42.73 Bn by 2025. The most prominent region in the green cement market accounted for Asia Pacific, pertaining to huge availability of raw materials required for preparing green cement. Another factor boosting the green cement market in the region is the rise in population in Asia Pacific countries, which demands more residential areas. Also, the developing economies of APAC are experiencing a tremendous growth in their FDIs for infrastructure and construction sector. This factor is helping the green cement market to soar over the years. For instance, the Indian government has introduced new FDI policy in 2017 under which several amendments have been done such as the RBI has announced 100% FDI under automatic route for the development of construction development sector. This limit was introduced in December 2014. Also, the Indian government relaxed FDI rules in the construction sector by reducing minimum capital requirement as well as built-up area. The government has also liberalized the exit norms. Such regulations will attract more FDI in these countries thereby, increasing the infrastructure investments, which directly impacts the green cement market. However, the green cement market is foreseen to be tending towards the European market during the forecast period, due to various governmental initiatives and increase in manufacturing facilities.
Green Cement Market Market Insights In 2017, the slag sub-segment in the global green cement market captured the maximum share and the same is expected to dominate the green cement market throughout the forecast period. Slags or Ground Granulated Blast Furnace Slags (GGBFS) are environmental friendly, and is one of the appropriate substitute of Ordinary Portland Cement (OPC). The slag cement has several advantages over the conventional cements such as; it enhances workability, reduces permeability, increases performance, and improves durability among others. The usage of slag cement reduces the weight of the cement by 30% - 85% with the increase in strength of the cement. Attributing to the benefits of the slag cement, the consumers across the globe are increasingly adopting this product.
Green Cement Market Strategic Insight Market initiatives in green cement market is a strategy basically adopted by the companies to expand its footprint across the world and meet the growing demand of its customers. The market players present in green cement market are mainly focusing towards product enhancements by implementing advance technologies. By signing partnership, contracts, joint ventures, funding, and inaugurating new offices across the world permit the company maintain its brand name globally. Most of the market initiative in green cement market were observed in Asia Pacific, North America, Europe regions, which have high density of green cement related products and solutions; 2018: Anhui Conch Cement Company Limited signed agreement with China Railway Material Trade Group. 2018: HeidelbergCement subsidiary Italcementi completed the acquisition of Cementir Italia 2017: XinganConch sign agreement of commercial concrete project
Green Cement Market Leading Players • The leading players in Green Cement Market are: • Anhui Conch Cement Company Limited • CEMEX, S.A.B. DE C.V. • China National Building Material Co., Ltd. • China Resources Cement Holdings Limited • HEIDELBERGCEMENT AG • LafargeHolcim Ltd • TAIWAN CEMENT CORPORATION • Votorantim Cimentos • Ecocem • Taiheiyo Cement Corporation Get sample PDF copy @: https://www.theinsightpartners.com/sample/TIPTE100001096/
Green Cement Market Access Full Research Report at: https://www.theinsightpartners.com/reports/green-cement-market Thank You!