Increased Eco-Friendly Practices Drives Green Cement Demand to Touch $69 billion by 2030
A new report from Industry Experts Inc, on "Green Cement," is unveiled. This new global market research report reveals that the market for Green Cement is estimated at US$ 38.5 billion in 2024, up from US$ 35 billion in 2023, and projected to post a CAGR of 10.1% between 2024 and 2030 to reach US$ 68.6 billion by 2030.
The Green Cement market is primarily driven by several key factors, including the rising demand for sustainable construction materials as environmental concerns intensify. Increasing regulatory pressures aimed at reducing carbon emissions and promoting eco-friendly practices have compelled manufacturers to innovate and adopt greener technologies. The growth of the construction industry, particularly in developing regions, further accelerates the need for sustainable building solutions.
North America region holds the dominant position in the Green Cement market, accounting for 40.4% in 2024, due to strong regulatory support, environmental awareness, and the region’s commitment to reducing carbon emissions in construction. The U.S. and Canada have implemented stringent regulations on carbon emissions and are promoting sustainable building practices through incentives and green building certifications like LEED (Leadership in Energy and Environmental Design). This drives the demand for eco-friendly construction materials, including green cement.
The global market for green cement global analyzed in this report across all major regions including North America (The United States, Canada, and Mexico), Europe (France, Germany, Italy, Russia, Spain, United Kingdom & Rest of Europe), Asia-Pacific (Australia, China, India, Japan, South Korea & Rest of Asia-Pacific), South America (Argentina, Brazil, Chile, Columbia & Rest of South America) and Middle East & Africa (South Africa, Türkiye, Egypt, Saudi Arabia, UAE & Rest of Middle East & Africa).
The report explores the green cement market with respect to Product Type – Fly Ash Based, Slag Based, Recycled Aggregates and Others; and Application – Residential, Commercial and Industrial.
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