Green Cement Market to Gain an Upward Trend in Upcoming Years

Posted by Market Research Future on May 15th, 2018

Market Overview - Green cement refers to a cementations material, which can be manufactured by the use of industrial wastes such as recycled concrete, power plant wastes, burnt clay, mining and quarrying wastes, and slag.

The major drivers for the growth of the green cement market are the advantages of manufacturing with the use of green cement such as low requirement of natural resources and use of less water to carry out the process of construction. The utilization of wastes such as used oils, used tires, animal meal, solid recovered fuels, foundry sand, fly ashes, sewage sludge, and filter cakes in cement kilns help reduce carbon dioxide emissions during the process of the production of cement. However, low awareness among the people for use of green cement is expected to hinder the growth of the market.

The Green Cement Market is expected to grow over the CAGR of around 15 % during the period 2017 to 2023.

Regional Analysis- The North America region is expected to dominate the green cement market owing to the introduction of stringent rules and regulations regarding the GHG emissions by the government authorities of the region. The Asia-Pacific region is expected to grow, owing to the rapid industrialization and urbanization in the region. The increasing number of construction activities in the region along with the increasing awareness for green cement is expected to contribute to the growth of the market.

Key Players - The key players of green cement market are HeidelbergCement AG (Germany), LafargeHolcim Ltd. (Switzerland), Taiheiyo Cement Corporation (Japan), Taiwan Cement Corporation (Taiwan), Ecocem Ireland Ltd. (Ireland), ACC Limited (India), UltraTech Cement Ltd (India), Calera Corporation (U.S.), Ceratech, Inc (U.S.), Solidia Technologies, Inc. (U.S.), Cenin Cement (U.K.) and others.

The report for Green Cement Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Access Report Details @ https://www.marketresearchfuture.com/reports/green-cement-market-2907