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Green cement is a type of cement manufactured through carbon-negative processes, using waste materials like burnt clay, recycled concrete, power plant waste, slag and quarrying waste.
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Green Cement Market Development Trends and Growth Drivers Analysis by 2026 • Rising awareness regarding the significance of carbon emission reduction owing to its adverse environmental impact is likely to fuel green cement market growth. This awareness is supported by the emergence of strict regulatory initiatives across the globe to incentivize the production and usage of sustainable materials such as green cement. • Green cement is a type of cement manufactured through carbon-negative processes, using waste materials like burnt clay, recycled concrete, power plant waste, slag and quarrying waste. The cement is produced using technologically advanced methods, in order to mitigate emissions during clinker production and other unit operations. Eco-friendliness, fire & thermal resistance, resistance to climate change and alkali attacks are among the key factors driving green cement industry penetration in industrial, infrastructural, residential and non-residential applications. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Proliferating efforts towards developing more sustainable cement production methods are a major trend driving green cement market expansion over the forecast spell. While considered an integral part of the construction industry, cement production is one of the foremost contributors to CO2 emissions in the atmosphere. In fact, International Energy Agency (IEA) estimates suggest that cement production accounts for nearly 7% of carbon emissions across the globe. • Owing to the burgeoning environmental concerns stemming from these rising emission levels, governments, builders and other authorities are undertaking persistent R&D efforts to enhance green building technology, including the development of sustainable materials like green cement. For instance, a UCLA research team has developed a green cement material dubbed CO2NCRETE, which involves the manufacturing of a cement-like and nearly carbon-free construction material, through the process of carbon recycling, a method that repurposes CO2 emissions captures from industrial operations. Initiatives such as these are thus expected to boost the green cement industry growth over the forthcoming years. • With regards to application, the residential sector is among the most prominent segments to adopt green cement as a construction material. This is attributed largely to the prolific rise in urban population, which has triggered widespread demand for robust residential construction and infrastructural development projects. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Competitive Analysis • Key players bolstering the global green cement market share include China National Building Material Company (China National Building Material Group), CEMEX, Heidelberg Cement, Italcementi (HeidelbergCement), LafargeHolcim, and Calera, among others. • These players are involved in consistent research and development efforts for enhanced product development as well as to sustain a competitive position in the overall green cement market space. • For instance, CEMEX USA unveiled a new, ecofriendly and durable cement product, CEMSlag™, designed to mitigate GHG emissions, increase sustainability and aid the project in earning points from internationally recognized green construction certification system, LEED. • Meanwhile, Heidelberg Cement, in collaboration with other major cement & concrete industry players, has introduced the GCCA (Global Cement and Concrete Association), with an aim to boost the contribution of the concrete industry towards sustainability in construction as well as to support innovation across the value chain. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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