Product Code: 51288
The global green cement market is expected to grow at a CAGR of over 6% during the forecast period of 2019 - 2024. The major factors driving the market studied include favorable government policies for green buildings and increasing concern on GHG emissions from cement production. Iconoclastic nature of the construction market is expected to significantly hinder the growth of the market studied.
- North America is expected to dominate the global market during the forecast period.
- Encouraging performance of HBC (High Belite Cement) in China is likely to act as an opportunity in the future.
Key Market Trends
Growing Demand from Residential Industry
- Rising number of building codes and policies mandating energy-efficient structures have led to the growth of green cement in the residential sector.
- For instance, the new energy code in Canada demands continuous below-grade insulations in residential structures coatings in recent times. Emerging economies, such as India, too are witnessing a strong demand for green cement.
- With the increasing demand for sustainable products and enactment of stringent carbon emission regulations, emphasis on developing zero waste regions is increasing.
- Additionally, in North America, owing to stringent regulations of the US Environmental Protection Agency (EPA) regarding GHG emissions and accelerating consumer demand for clean energy source.
- Furthermore, growing awareness among consumers, especially in developed nations, regarding the energy benefits associated with green homes, is expected to drive the green cement market in the residential sector over the forecast period.
United States to Dominate the Demand in North America Region
- The demand for new homes in the United States has been increasing consistently, since the past few years, owing to the growing population and rising consumer incomes in the country.
- With the growing trend of multi-family building, and rise in migration to cities, the US Census Bureau has been providing more permits for the construction of new residential buildings.
- Reduction in the average household sizes has also been a driving factor for the growth of new home constructions in the United States, with single-family housings growing at a rapid rate.
- The United States leads the North American cement market, primarily due to the various certifications and tax incentives offered in these regions for green buildings.
- Moreover, the aforementioned factors along with the growing focus on green buildings are providing opportunities for the green cement used in the construction sector at a healthy rate, during the forecast period.
The global green cement market is partially consolidated in nature. Some of the major players of the market studied include HEIDELBERGCEMENT AG, Kiran Global Chem Limited., Ecocem, and LafargeHolcim among others.
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- The market estimate (ME) sheet in Excel format
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Table of Contents
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
- 4.1 Drivers
- 4.1.1 Favorable Government Policies for Green Buildings
- 4.1.2 Increasing Concern on GHG Emissions from Cement Production
- 4.1.3 Abundance Availability of Raw Materials, such as Fly Ash
- 4.2 Restraints
- 4.2.1 Iconoclastic Nature of Construction Market
- 4.2.2 Other Restraints
- 4.3 Industry Value-Chain Analysis
- 4.4 Porters 5 Force Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5 MARKET SEGMENTATION
- 5.1 Product Type
- 5.1.1 Fly Ash-based
- 5.1.2 Slag-based
- 5.1.3 Limestone-based
- 5.1.4 Silica fume-based
- 5.1.5 Other Products
- 5.2 End-user Industry
- 5.2.1 Residential
- 5.2.2 Non-residential
- 5.3 Geography
- 5.3.1 Asia-Pacific
- 126.96.36.199 China
- 188.8.131.52 India
- 184.108.40.206 Japan
- 220.127.116.11 South Korea
- 18.104.22.168 Rest of Asia-Pacific
- 5.3.2 North America
- 22.214.171.124 United States
- 126.96.36.199 Canada
- 188.8.131.52 Mexico
- 5.3.3 Europe
- 184.108.40.206 Germany
- 220.127.116.11 United Kingdom
- 18.104.22.168 France
- 22.214.171.124 Italy
- 126.96.36.199 Rest of Europe
- 5.3.4 South America
- 188.8.131.52 Brazil
- 184.108.40.206 Argentina
- 220.127.116.11 Rest of South America
- 5.3.5 Middle East & Africa
- 18.104.22.168 Saudi Arabia
- 22.214.171.124 South Africa
- 126.96.36.199 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
- 6.4 Company Profiles
- 6.4.1 LafargeHolcim Ltd
- 6.4.2 Navrattan Blue Crete Industries Pvt. Ltd
- 6.4.3 Kiran Global Chems Limited
- 6.4.4 Ecoplus Cement & Steel
- 6.4.5 UltraTech Cement Ltd
- 6.4.6 Jidong Mechanical and Electrical Equipment Co. Ltd
- 6.4.7 HEIDELBERGCEMENT AG
- 6.4.8 Taiheiyo Cement Corporation
- 6.4.9 Votorantim Cimentos
- 6.4.10 Ecocem
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Encouraging Performance of HBC (High Belite Cement) in China
- 7.2 Continuous R&D by Major Cement Companies