Manufacturing and Construction Green Cement Market By Reports and Data | Page 2

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Green Cement Market to Reach USD 43.59 Billion By 2026.
The growth of the market is driven by the growing construction activities in Asia - Pacific and stringent
environmental regulations.
Market Size – USD 21.42 Billion in 2018, Market Growth - CAGR of 8.7%, Market Trends – Growing
construction in Asia-Pacific and stringent environmental regulations are boosting the demand for the
market.
The Green Cement Market is forecasted to grow from USD 21.42 Billion in 2018 to USD 43.59 Billion by
2026, at a CAGR of 8.7%, during the forecast period. The market is primarily driven by the growing
construction activities in emerging economies, increased use of alternative fuels from renewable &
waste materials and increased efforts to reduce carbon emissions.
The green cement market is highly fragmented in nature with different players involved in production
and distribution. Green cement is an environmentally friendly replacement for the Portland cement.
Green cement is in its introduction stage as several companies are still carrying out research and
development activities to improve the properties and capabilities of the product. Due to strict
environmental regulations, government initiatives to improve tax conditions and subsidies for the
production of green materials, demand is expected to rise further over the forecast period.
Due to the emergence of Limestone Calcinated Clay Cement (LC3) and Frerrocrete technologies to
improve the effectiveness of green cement, the green cement market is expected to witness rapid
technological developments over the forecast period.
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