Green Cement - Global Market Size, Share & Trends Analysis by Application and Region (2018-2024) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 7, 2018--The “Green Cement Market Size, Share & Trends Analysis Report By Application (Residential, Commercial, Industrial), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2018 - 2024” report has been added to ResearchAndMarkets.com’s offering.
The global green cement market size is expected to reach USD 37.75 billion by 2024. It is anticipated to expand at a CAGR of 8.5% over the forecast period.
Stringent environment regulations, coupled with rapid advancements in the Asia Pacific construction industry, is contributing to the market demand.
Key application areas of green cement market include residential, commercial, and industrial. In terms of volume, residential sector was the largest application area in 2015 and held 44.2% market share. Growing urbanization in emerging economies such as India and China with demand for environmentally safe buildings is expected to drive the market growth over the forecast period.
North America is the largest revenue-generating region for the green cement market, followed by Europe owing to the presence of regulatory bodies such as the United States Environmental Protection Agency (EPA) and the European Environment Agency (EEA). Moreover, the regions are characterized by higher adoption of sustainable solutions to avoid negative environmental impact.
Driver AnalysisPrevalence of Stringent Environment Regulations Growing Construction Industry in Asia-Pacific
Restraint AnalysisHigh Price
Key FindingsThe global green cement market is anticipated to reach 227,366.3 kilo tons by 2024 In terms of revenue, the residential segment is projected to ascend at a CAGR of 8.5% over the forecast period The commercial application dominated the global green cement market with a share of over 28% in 2015 Countries such as China and India are anticipated to observe promising growth during the forecast period Major market players are either start-ups focusing solely on green cement or established players gradually switching to green cement manufacturing
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Green Cement Industry Outlook
Chapter 4. Green Cement Market: Application Estimates & Trends Analysis
Chapter 5. Green Cement Market: Regional Estimates & Trends Analysis
Chapter 6. Competitive LandscapeAnhui Conch Cement Company CEMEX CNBM Italcementi LafargeHolcim CeraTech Calera Corporation Kiran Global Chems Heidelberg Cement AG Navrattan Blue Crete Industries Pvt. Ltd. Siam Cement Public Company (SCG)
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Related Topics:Cement and Concrete
INDUSTRY KEYWORD: ENVIRONMENT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/07/2018 08:01 AM/DISC: 11/07/2018 09:34 AM