DUBLIN , July 27, 2022 /PRNewswire/ — The “Green Cement Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.
The global green cement market is expected to grow from $24.54 billion in 2021 to $27.79 billion in 2022 at a compound annual growth rate (CAGR) of 13.23%. The green cement market is expected to reach $42.27 billion in 2026 at a CAGR of 11.06%.
The green cement market consists of sales of the green cement by entities (organizations, sole traders, and partnerships), which refers to a form of cement produced with the help of a carbon-negative manufacturing process. Green cement is an environmentally friendly product that reduces the carbon footprint of cement production. Green cement production reduces cement intakes, and the raw materials used in it discarded industrial wastes such as blast furnace slag, fly ash, and others.
The main types of green cement are fly-ash based, slag based and recycled aggregates. The fly ash based green cement refers to waste product made out of combustion of coal. In some concrete mixtures, it can be used to replace up to 35% of the cement. Green cement used in residential, commercial and industrial areas for new constructions activities, repair & maintenance activities.
North America was the largest region in the green cement market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green cement market report are Asia-Pacific, Western Europe, Eastern Europe…