Green Cement Market 2020 – 2026 | Segments, Trends and Regional Analysis

1. Green Cement Market Development Trends and Growth Drivers Analysis by 2026 • The green cement market is slated to foresee tremendous revenue growth in coming years due to increasing awareness about the use and benefits of eco-friendly raw materials in construction. Several global governments are actively encouraging the use of sustainable products in order to tackle the looming threat of climate change. Taking the European Green deal for instance, wherein the EU devised an action plan to turn environmental and climate challenges into opportunities to make its economy sustainable. This plan includes making sure that the buildings and constructions are more energy-efficient, which created a remunerative leeway for the use of green cement, thereby stimulating its demand. • According to Global Market Insights Inc., report, the green cement market would likely surpass a valuation of approximately $678.2 million by 2026. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

2. In terms of application, the industrial segment is likely to create substantial demand for green cement owing to the immense expansion of the manufacturing industry in Eastern Europe and the Asia Pacific. Several global organizations are shifting their respective manufacturing plants to emerging economies due to the ready availability of raw materials and cheap labor. This aforementioned trend is momentously driving the industrial construction sector growth worldwide. In fact, the industrial segment is projected to register a CAGR of 4.8% throughout the forecast timeframe. • With respect to product, the recycled aggregate segment is projected to witness the fastest growth in terms of volume, recording a CAGR of 3.5% through the analysis period. Increasing green building initiatives and construction activities across Europe and North America are propelling the segment share. Additionally, recycling concrete aggregate is becoming highly important since natural aggregate sources are rapidly depleting. All in all, an upsurge in construction activities coupled with increasing green building initiatives across the world should positively influence the product outlook over the coming years. • Surging investments towards healthcare infrastructure development would also fuel the construction industry expansion, thereby fostering the overall market outlook. Additionally, rapid urbanization and a growing population across emerging economies would likely fuel the business landscape further. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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4. Regional Analysis • Rapidly growing adoption of green cement owing to supportive regulatory scenarios, tax reliefs as well as other benefits would fuel the Europe green cement market size. In fact, the region dominated the global market, accounting for more than 30% of the overall industry share. The European construction market is slowly recovering and starting to expand at a steady rate as several countries come out of strict lockdowns. Moreover, the region’s steadily expanding construction industry supported by its favorable regulatory environment should effectively propel the Europe market size further. • Competitive Analysis • The competitive landscape of the green cement market is inclusive of players such as Siam Cement Public Company, Navrattan Blue Crete Industries, Heidelberg Cement, Kiran Global Chems, CNBM, Anhui Conch Cement Company, CEMEX, and LafargeHolcim among others. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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