Green Cement is a material, which is made from industrial waste and has the capability of reducing carbon footprint. The increasing environmental concerns and therefore the use of Green Cement is expected to drive the growth of the Green Cement Market. Green Cement offers high reduction in the carbon dioxide emissions by using wastes such as used tires, solid recovered fuels, used oils, animal meal, sewage sludge, foundry sands, fly ashes, and filter cakes. The increasing urbanization is also contributing largely to the growth of the Green Cement Market. The increasing urbanization would create problems such as traffic congestion and the shortage of housings, which in turn would create growth opportunities for the Green Cement Market.
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The market has been analyzed based on the product type, application and regions. Amongst all product types, the slag cement segment is expected to grow the highest. Slag cement is being used in all types of residential, industrial and commercial projects. Slag cement possesses low risk of cracking and has resistance to chloride and sulphate attacks. It also facilitates improved workability along with resistance against alkali-silica reactions. Slag cement is the most suitable for infrastructure projects, owing to the flexural strength of the cement. It also has low heat of hydration, which makes it the most suitable cement for mass construction.
On the basis of applications, the market can be segmented as residential, non-residential and infrastructure. The residential segment is expected to grow the highest owing to the change in population density caused by urban migration. The increasing housing projects with increasing urbanization is also contributing to the growth of the Green Cement Market.
Green cement market is majorly driven by the increase in use by the residential as well as non-residential end users. Green Cement offers resistance to moisture, is a very good insulator and offers protection against corrosion, which are expected to drive the market for Green Cement. The rise in the construction activities due to the increasing population and urbanization, is expected to drive the growth of the Green Cement Market. The growth of the market can also be attributed to factors such as the rising stringent regulations on carbon emission and emphasis on creating zero waste regions.
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Market Research Analysis:
Asia-Pacific is expected to grow rapidly in the Green Cement Market due to the increasing industrialization. Also, the rapid urbanization in the developing economies such as India, is generating need for more constructions, thereby driving the growth for the Green Cement Market. In North America, the increasing demand for entertainment, healthcare infrastructure and education, is driving the need for construction with green cement. In Africa, the rising demand for energy infrastructure is expected to drive the demand for Green Cement.
Scope of the Report:
This study provides an overview of the Global Green Cement Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Green Cement Market by its application, end-use and region.
By Product type
- Fly ash based
- Slag based
- North America
- Asia Pacific
- Rest of the World
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