Green Cement Market
REPORT DESCRIPTION
Green Cement Market ( Product - Fly Ash-based , Slag-based , and Geopolymer ; Application - Residential , Non-residential , Industrial , and Infrastructure ) - Global Industry Analysis , Size , Share , Growth , Trends , and Forecast 2016 – 2024
The leading five players held a 51 % share in the global green cement market in 2015 , notes a recent market study by Transparency Market Research . The key leading players are Heidelberg Cement AG , Lafrage S . A ., Taiheyo Cement Corporation , China Building Material , and CEMEX S . A . B . de C . V . Mergers and acquisitions for capacity expansion is the focus of key players in this market , says a TMR analyst . “ Continual focus on technological advancements and product differentiation are the sought-after winning strategies of these companies ,” says the lead author of the study .
The global green cement market is projected to reach a valuation of US $ 38.10 bn by 2024 increasing from US $ 14.80 bn in 2015 at a CAGR of 11.3 % therein .
Asia Pacific to Remain at Forefront Due to Booming Construction Sector In terms of application , residential sector is expected to lead the market due to the growing population density in urban areas . The increasing demand for residential projects is expected to propel growth of the global green cement market .
Obtain Report Details @ http :// www . transparencymarketresearch . com / green-cementmarket . html
On the basis of geography , Asia Pacific is expected to acquire a share of 31.1 % by 2024 increasing from 26.8 % in 2015 , owing to growth of the construction industry in the region . The region will experience a surging demand for green cement due to fast-paced urbanization and rapid industrialization . The mounting demand for residential and non-residential buildings is expected to propel the demand for green cement across the region . In this region , the rising need for infrastructural development in developing countries combined with increasing enforcement of mandates for green solutions are the key drivers for the increasing demand for green cement in the non-residential segment .
Transparency Market Research
2