Green Cement and Concrete Market Size and Forecasts, Global and Regional Share, Trends, and Growth Opportunity Analysis By Offerings, End-user and Geography

List of Tables

The green cement and concrete market was valued at US$ 28,662.51 million in 2022 and is projected to reach US$ 39,973.97 million by 2030; it is expected to grow at a CAGR of 4.2% during 2022-2030.

Growing investment in sustainable infrastructure paves the way for green cement and concrete market opportunities, encouraging the application of eco-friendly alternatives, promoting economic growth, and improving livelihoods. It also offers a pathway for countries to incorporate their infrastructure development and climate goals together by participating in projects that decrease carbon presence, including sustainable and green construction and manufacturing ecosystems. The construction and infrastructure industry are focusing on reducing its carbon footprint, as it is considered to be the key contributor to environmental pollution. The World Bank strives to drive more capital spending into infrastructure development to support high-end, sustainable projects that sustainably expand the economy and the environment. Such growing concern of carbon foot prints are expected to the drive the green cement and concrete market growth.

In fiscal 2023, the World Bank provided US$ 12.8 billion to reinforce infrastructure financing in developing countries. The World Bank is working to eliminate constraints preventing private-sector investments and working on the project pipelines that attract private-sector financiers to get involved in the overall process. India has progressed in constructing national highways connecting all trade, freight, and passenger points. Nearly 13,800 km of highway development is foreseen in 2023-2024. In the US, infrastructure projects such as Madison Square Garden, Fontainebleau in Las Vegas, and Amazon HQ2 office space at National Landing are examples of high-end infrastructure projects paving opportunities for green cement and concrete.

The green cement and concrete market share in North America have been steadily gaining momentum over the past few years, fueled by a growing awareness of the environmental impacts of traditional cement production. In the US and Canada, various cement manufacturers have been actively exploring sustainable methods of cement production by incorporating alternative raw materials and deploying carbon capture technologies. For instance, in 2020, CEMEX launched its first carbon-neutral concrete in Mexico, developed in its research and development center in Switzerland. Furthermore, government initiatives to reduce carbon emission is another factor anticipated to fuel the green cement and concrete market share in the region. In 2023, the Cement Association of Canada presented a Concrete Zero action plan to reduce carbon emissions in Canada's cement and concrete industry.

Governments of the US, Canada, and Mexico are investing significant amounts in the development of nonresidential infrastructures, including airports, hospitals, hotels, office buildings, and universities. Modern-day builders emphasize green cement and concrete to build an attractive infrastructure.

The construction industry in the US is vast and diverse, encompassing residential, commercial, and civil engineering projects. A growing construction sector is propelling the demand for cement and concrete in the US. The nation's population growth, urbanization trends, and extensive infrastructure projects also fuel this demand continuously. For instance, as per the data provided by the Associated General Contractors (AGC), the construction sector in the US is one of the major contributing sectors to the US economy and generates ~US$ 2.1 trillion worth of structures each year. Thus, the increased demand for construction activities is positively affecting the demand for green cement.

Additionally, the US government is taking various sustainable initiatives that are further expected to fuel the green cement and concrete market growth. For instance, in 2022, CEMEX USA signed a corporate agreement worth US$3.7 million with the US Department of Energy to develop and install carbon capture technology in its cement plant. Thus, owing to increasing construction activities, government initiatives, and the presence of key green cement and concrete market players in the country, the green cement and concrete market is anticipated to grow in the coming years.

ACC Cement (Adani Group), China National Building Material Company Limited (CNBM), Green Cement Inc, Anhui Conch Cement, Holcim Ltd., JSW Cement Limited, and Navarattan Group are among the key green cement and concrete market players profiled during this study. In addition, several other important green cement and concrete market players have been studied and analyzed during the study to get a holistic view of the green cement and concrete market and its ecosystem.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the green cement and concrete market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the green cement and concrete market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Product Code: TIPRE00005030

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Green Cement and Concrete Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers:
- 4.3.2 Green Cement Manufacturers:
- 4.3.3 End Users:
- 4.3.4 List of Green Cement and Concrete Suppliers

5. Green Cement and Concrete Market - Key Industry Dynamics

5.1 Green Cement and Concrete Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Increasing Concerns for Mitigating Carbon Emissions Globally
- 5.2.2 Improved Functional Performance and Capabilities
- 5.2.3 Favourable Government Initiatives and Policies
5.3 Market Restraints
- 5.3.1 Lack of Awareness and Reluctance to Use Green Cement and Concrete
5.4 Market Opportunities
- 5.4.1 Growing Infrastructure Development
5.5 Future Trends
- 5.5.1 Growing Utilization of Sustainable Materials in Public Infrastructure
5.6 Impact of Drivers and Restraints:

6. Green Cement and Concrete Market - Global Market Analysis

6.1 Green Cement and Concrete Market Revenue (US$ Million), 2022 - 2030
6.2 Green Cement and Concrete Market Forecast and Analysis

7. Green Cement and Concrete Market Analysis - Product Type

7.1 Fly Ash Based
- 7.1.1 Overview
- 7.1.2 Fly Ash-Based Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.3 Geopolymer
  - 7.1.3.1 Overview
  - 7.1.3.2 Geopolymer Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.4 Slag Based
  - 7.1.4.1 Overview
  - 7.1.4.2 Slag Based Market, Revenue and Forecast to 2030 (US$ Million)
- 7.1.5 Others
  - 7.1.5.1 Overview
  - 7.1.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

8. Green Cement and Concrete Market Analysis - End-user

8.1 Commercial and Public Infrastructure
- 8.1.1 Overview
- 8.1.2 Commercial and Public Infrastructure Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Industrial
- 8.2.1 Overview
- 8.2.2 Industrial Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Residential
- 8.3.1 Overview
- 8.3.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

9. Green Cement and Concrete Market - Geographical Analysis

9.1 Overview
9.2 North America
- 9.2.1 North America Green Cement and Concrete Market Overview
- 9.2.2 North America Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.2.3 North America Green Cement and Concrete Market Breakdown by Product Type
  - 9.2.3.1 North America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Product Type
- 9.2.4 North America Green Cement and Concrete Market Breakdown by End-user
  - 9.2.4.1 North America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By End-user
- 9.2.5 North America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.2.5.1 North America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.2.5.2 US Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.2.1 US Green Cement and Concrete Market Breakdown by Product Type
    - 9.2.5.2.2 US Green Cement and Concrete Market Breakdown by End-user
  - 9.2.5.3 Canada Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.3.1 Canada Green Cement and Concrete Market Breakdown by Product Type
    - 9.2.5.3.2 Canada Green Cement and Concrete Market Breakdown by End-user
  - 9.2.5.4 Mexico Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.4.1 Mexico Green Cement and Concrete Market Breakdown by Product Type
    - 9.2.5.4.2 Mexico Green Cement and Concrete Market Breakdown by End-user
9.3 Europe
- 9.3.1 Europe Green Cement and Concrete Market Overview
- 9.3.2 Europe Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.3.3 Europe Green Cement and Concrete Market Breakdown by Product Type
  - 9.3.3.1 Europe Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Product Type
- 9.3.4 Europe Green Cement and Concrete Market Breakdown by End-user
  - 9.3.4.1 Europe Green Cement and Concrete Market Revenue and Forecasts and Analysis - By End-user
- 9.3.5 Europe Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.3.5.1 Europe Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.3.5.2 France Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.2.1 France Green Cement and Concrete Market Breakdown by Product Type
    - 9.3.5.2.2 France Green Cement and Concrete Market Breakdown by End-user
  - 9.3.5.3 Germany Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.3.1 Germany Green Cement and Concrete Market Breakdown by Product Type
    - 9.3.5.3.2 Germany Green Cement and Concrete Market Breakdown by End-user
  - 9.3.5.4 Italy Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.4.1 Italy Green Cement and Concrete Market Breakdown by Product Type
    - 9.3.5.4.2 Italy Green Cement and Concrete Market Breakdown by End-user
  - 9.3.5.5 UK Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.5.1 UK Green Cement and Concrete Market Breakdown by Product Type
    - 9.3.5.5.2 UK Green Cement and Concrete Market Breakdown by End-user
  - 9.3.5.6 Russia Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.6.1 Russia Green Cement and Concrete Market Breakdown by Product Type
    - 9.3.5.6.1.1 Russia Green Cement and Concrete Market Breakdown by End-user
  - 9.3.5.7 Rest of Europe Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.7.1 Rest of Europe Green Cement and Concrete Market Breakdown by Product Type
    - 9.3.5.7.2 Rest of Europe Green Cement and Concrete Market Breakdown by End-user
9.4 Asia Pacific Green Cement and Concrete Market
- 9.4.1 Overview
- 9.4.2 Asia Pacific Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.4.3 Asia Pacific Green Cement and Concrete Market Breakdown by Product Type
  - 9.4.3.1 Asia Pacific Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Product Type
- 9.4.4 Asia Pacific Green Cement and Concrete Market Breakdown by End-user
  - 9.4.4.1 Asia Pacific Green Cement and Concrete Market Revenue and Forecasts and Analysis - By End-user
- 9.4.5 Asia Pacific Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.4.5.1 Asia Pacific Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.4.5.2 Australia Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.2.1 Australia Green Cement and Concrete Market Breakdown by Product Type
    - 9.4.5.2.2 Australia Green Cement and Concrete Market Breakdown by End-user
  - 9.4.5.3 China Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.3.1 China Green Cement and Concrete Market Breakdown by Product Type
    - 9.4.5.3.2 China Green Cement and Concrete Market Breakdown by End-user
  - 9.4.5.4 India Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.4.1 India Green Cement and Concrete Market Breakdown by Product Type
    - 9.4.5.4.2 India Green Cement and Concrete Market Breakdown by End-user
  - 9.4.5.5 Japan Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.5.1 Japan Green Cement and Concrete Market Breakdown by Product Type
    - 9.4.5.5.2 Japan Green Cement and Concrete Market Breakdown by End-user
  - 9.4.5.6 South Korea Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.6.1 South Korea Green Cement and Concrete Market Breakdown by Product Type
    - 9.4.5.6.2 South Korea Green Cement and Concrete Market Breakdown by End-user
  - 9.4.5.7 Rest of Asia Pacific Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.7.1 Rest of Asia Pacific Green Cement and Concrete Market Breakdown by Product Type
    - 9.4.5.7.2 Rest of Asia Pacific Green Cement and Concrete Market Breakdown by End-user
9.5 Middle East & Africa
- 9.5.1 Middle East & Africa Green Cement and Concrete Market Overview
- 9.5.2 Middle East & Africa Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.5.3 Middle East & Africa Green Cement and Concrete Market Breakdown by Product Type
  - 9.5.3.1 Middle East & Africa Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Product Type
- 9.5.4 Middle East & Africa Green Cement and Concrete Market Breakdown by End-user
  - 9.5.4.1 Middle East & Africa Green Cement and Concrete Market Revenue and Forecasts and Analysis - By End-user
- 9.5.5 Middle East & Africa Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.5.5.1 Middle East & Africa Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Country
  - 9.5.5.2 Saudi Arabia Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.2.1 Saudi Arabia Green Cement and Concrete Market Breakdown by Product Type
    - 9.5.5.2.2 Saudi Arabia Green Cement and Concrete Market Breakdown by End-user
  - 9.5.5.3 UAE Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.3.1 UAE Green Cement and Concrete Market Breakdown by Product Type
    - 9.5.5.3.2 UAE Green Cement and Concrete Market Breakdown by End-user
  - 9.5.5.4 South Africa Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.4.1 South Africa Green Cement and Concrete Market Breakdown by Product Type
    - 9.5.5.4.2 South Africa Green Cement and Concrete Market Breakdown by End-user
  - 9.5.5.5 Rest of MEA Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.5.5.5.1 Rest of MEA Green Cement and Concrete Market Breakdown by Product Type
    - 9.5.5.5.2 Rest of MEA Green Cement and Concrete Market Breakdown by End-user
9.6 South America
- 9.6.1 South America Green Cement and Concrete Market Overview
- 9.6.2 South America Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.6.3 South America Green Cement and Concrete Market Breakdown by Product Type
  - 9.6.3.1 South America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Product Type
- 9.6.4 South America Green Cement and Concrete Market Breakdown by End-user
  - 9.6.4.1 South America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By End-user
- 9.6.5 South America Green Cement and Concrete Market Revenue and Forecasts and Analysis - By Countries
  - 9.6.5.1 Brazil Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.6.5.1.1 Brazil Green Cement and Concrete Market Breakdown by Product Type
    - 9.6.5.1.2 Brazil Green Cement and Concrete Market Breakdown by End-user
  - 9.6.5.2 Argentina Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.6.5.2.1 Argentina Green Cement and Concrete Market Breakdown by Product Type
    - 9.6.5.2.2 Argentina Green Cement and Concrete Market Breakdown by End-user
  - 9.6.5.3 Rest of SAM Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.6.5.3.1 Rest of SAM Green Cement and Concrete Market Breakdown by Product Type
    - 9.6.5.3.2 Rest of SAM Green Cement and Concrete Market Breakdown by End-user

10. Green Cement and Concrete Market - Impact of COVID-19 Pandemic

10.1 Pre & Post Covid-19 Impact

11. Competitive Landscape

11.1 Company Positioning & Concentration

12. Company Profiles

12.1 ACC Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 UltraTech Cement Ltd
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 China National Building Material Co Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Green Cement Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Anhui Conch Cement Co Ltd
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Holcim Ltd
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 JSW Cement Ltd
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Navrattan Green Cement Industries Pvt Ltd
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Cemex SAB de CV
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 HeidelbergCement AG
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index