The top five players in the global green cement market held a lion’s
share of 51% in the overall market in 2015. These leading players are
Heidelberg Cement AG, China National Building Material, Lafarge S.A.,
CEMEX S.A.B. de C.V., and Taiheiyo Cement Corporation. These
companies have been focused on strategic mergers and acquisitions to
expand their capacity, observes Transparency Market Research.
“Persistent focus on technological developments and product
differentiation to add value to products are expected to be one of
the winning strategies of these companies,” states the lead author
of this research report.
According to the research report, the global green cement market is
expected to be worth US$38.10 bn by the end of 2024 as compared to
US$14.80 bn in 2025. During the forecast period of 2016 and 2024, the
global market is projected to exhibit a CAGR of 11.3%.
This
159 page report gives readers a comprehensive overview of the Green
Cement market.Browse Market Research Report @
Asia
Pacific Shows Swift Consumption of Green Cement as Infrastructural
Development Gains Momentum
Out of all the geographical regions, Asia Pacific is estimated to
acquire a share of 31.1% in the global market due to increasing
construction activities. The Asia Pacific green cement market will
also experience a surge in demand due to the rapid industrialization
and fast-paced urbanization. The monumental rise in the number of
residential and non-residential activities are expected to drive the
demand for green cement all across Asia Pacific. Partly corroborating
the aforementioned statement is a statistic that says non-residential
segment will account for a share of 34.7% in the global market. The
growing need for infrastructural development in emerging economies
and the pressure to use green solutions for the same will be the key
factors determining the demand for green cement in the
non-residential segment.
Using
Green Alternatives for Reducing Carbon Emissions Fuels Demand
The rise in construction and building activities is the primary
growth driver for the global green cement market. The demand for
these types of cement is being accelerated by uptake of alternative
fuels derived from waste materials such as foundry sand, used oils,
sewage sludge, solid recovered fuels, filter cakes, animal meals, and
fly ashes. The urgent need to cut down carbon emissions is
encouraging usage of these fuels. The market is also gaining an
impetus from governments, which are promoting green architecture to
ensure sustainable building, which is certified under Leader in
Energy and Environment Design (LEED).
The demand for green cement is also soaring as it is known to
safeguard the buildings from sulfate attacks and heat stress that is
caused due to water and moisture. The superior resistance offered by
green cement to several commercial as well as residential
construction projects as it contains lesser alkali compound in
comparison to OPC is also projected to play an important role in the
market’s development. The upcoming projects such as the
construction of bridges and pavements, nuclear power plants, and
other infrastructural developments are expected to present a plethora
of lucrative opportunities to the overall market.
Get
accurate market forecast and analysis on the Green Cement market.
Request a sample to stay abreast on the key trends impacting this
market@
Quality
Issues to Impede Market Growth
The strength of green cement has been a topic of debate amongst
several end users as it entirely depends on the type of industrial
waste used for the manufacturing processes. For instance, usage of
low calcium fly ashes is known to compromise the strength in early
stages as compared to OPC. In case such cement is used it can lead to
product failure. Thus, the uncertainty of the quality of green cement
is projected to restrain the growth of the global market in the
coming years.
This review is based on Transparency Market’s Research report,
titled “Green Cement Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024.”
The
global green cement market has been segmented as follows:
Green
Cement Market – Product Type Analysis
- Fly ash based
- Slag based
- Geopolymer
- Others
Green
Cement Market – Application Type Analysis
- Residential
- Non-residential
- Industrial
- Infrastructure
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
No comments:
Post a Comment