Green Cement Market 2019-2025
New Study Reports “Green Cement Market 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2025” Added in Wiseguyreports.com.
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Green Cement is a powdery substance used to bind different materials used for the construction of buildings and other structures. In 2018 alone, the global Green Cement market hit 5 billion tons and this growth is expected to continue in the forecast period from 2015 -2025. The demand for Green Cement relies heavily on construction and building activities and investment in infrastructure. Green Cement is widely manufactured because it is a primary material for concrete and mortar.
Green Cement is made of calcium silicates, calcium aluminates, and calcium aluminoferrite minerals. Its demand is surging due to an uptick in the construction industry worldwide and the demand for buildings in the education and healthcare sectors. Governments in underdeveloped and developing countries have passed regulations and introduced policies like Housing for All, increasing the need for Green Cement in residential and commercial applications.
Green Cement production has several health hazards, including lung and lip cancer which can create a hindrance in the global Green Cement market. However, the increasing demand for residential and commercial spaces in economies like China and India will boost the market. The growth is attributed towards higher urbanization along with growing household income. Both countries are likely to report robust growth in establishments in urban areas during the forecast period from 2015 to 2028.
Important Key Players Analysis:Anhui Conch Cement, CEMEX, CNBM, LafargeHolcim, Calera and more.
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When segmented based on the product type, blended Green Cement is expected to continue its dominance in the global Green Cement market. Blended Green Cement has various benefits such as lower costs and a better environmental profile. Based on the sector, the commercial and infrastructure sector is expected to lead the segment of the worldwide Green Cement market over the forecast period 2015-2028. China’s mega-project like One Belt and One Road and Malaysia’s East Coast Rail Link are likely to increase consumption of Green Cement. Residential construction will also drive growth in several countries because of enhanced disposable incomes, the rise of nuclear families, and favorable demographics.
On a geographical front, the global Green Cement market is spread across Europe, North and Latin America, the Asia Pacific, the Middle East, and Africa. The Asia Pacific leads the market due to the growing concept of nuclear families and higher household incomes. Moreover, governments in countries like India and China have invested heavily in infrastructure projects, creating a real demand in the Green Cement market. In North America, the US continues to dominate the region, while Europe, Russia, and Germany are growing in the market.
Green Cement Manufacturers
Green Cement Distributors/Traders/Wholesalers
Green Cement Subcomponent Manufacturers
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There are several leading players in the global Green Cement market, including Anhui Conch Green Cement, Titan Green Cement Group, Aditya Birla Ultratech, CNBM International Corporation, and other global players such as Taiheiyo Green Cement Corporation, LafargeHolcim, Titan Green Cement Group, CEMEX S.A.B. de C.V., Heidelberg Green Cement AG ,Votorantim, Cement, and SCG. These companies are entering into joint ventures, mergers, and acquisitions to increase their market share and diversify their product portfolio. For instance, in May 2018, Ultratech Green Cement agreed to purchase Century Textiles and Industries’ 13.4 MTPA capacity Green Cement business. Companies are also increasingly investing in R&D for regional expansions to strengthen their position.
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