PUBLISHER: The Business Research Company | PRODUCT CODE: 1650295
PUBLISHER: The Business Research Company | PRODUCT CODE: 1650295
Green cement refers to a form of cement produced with the help of a carbon-negative manufacturing process, which is an environmentally friendly process that reduces the carbon footprint of cement production and also reduces cement consumption. The raw materials used in it are 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 term fly ash-based green cement refers to a byproduct of coal combustion. In some concrete mixtures, it can be used to replace up to 35% of the cement. Green cement is used in residential, commercial, and industrial areas for new construction activities, repair and maintenance activities.
The green cement market research report is one of a series of new reports from The Business Research Company that provides green cement market statistics, including green cement industry global market size, regional shares, competitors with a green cement market share, detailed green cement market segments, market trends and opportunities, and any further data you may need to thrive in the green cement industry. This green cement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The green cement market size has grown strongly in recent years. It will grow from $32.57 billion in 2024 to $35.51 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increased sustainability awareness, rise in demand for low-carbon footprint materials, favorable government policies for green buildings, increased concern about greenhouse gas (GHG) emissions, rising demand fromThe residential construction industry.
The green cement market size is expected to see rapid growth in the next few years. It will grow to $52.15 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to rapid urbanization in developing countries, rising industrial activities, rise in infrastructure development, consumer preference for sustainable buildings, rising demand from the residential construction industry. Major trends in the forecast period include advancements in green cement technologies, carbon capture and utilization (CCU) in cement production, circular economy practices, carbon labeling for construction materials, collaborative research and development.
The growth of awareness related to a reduction in carbon emissions and its detrimental effects is expected to propel the growth of the green cement market. The high contribution of the cement industry to CO2 emissions and its detrimental effects on human health have contributed to an increase in the shift towards the adoption of green cement. For instance, according to a report published by the International Energy Agency in 2022, global energy-related carbon dioxide (CO2) emissions increased by 0. 9%, equivalent to 321 million metric tons, reaching a record high of more than 36. 8 gigatons. Further, in February 2022, according to the Environmental Protection Agency, a US-based governmental agency, the total rise in greenhouse gas emissions had increased by around 78%, with emissions from burning fossil fuels and industrial activities accounting for about 90% of the increase across the globe. Communities across the globe are investing in green cement to reduce their contribution to emissions and increase support for sustainable building materials, which is expected to boost demand for green cement during the forecast period.
The expanding construction industry is expected to drive the growth of the green cement market in the coming years. The construction industry encompasses the commercial manufacturing and trade sector that focuses on developing, maintaining, and repairing infrastructure. As the industry grows, increasingly stringent environmental regulations and building codes are compelling greater adherence to sustainability standards, which is accelerating the adoption of green cement due to its eco-friendly properties. For example, in November 2023, a report from the Office for National Statistics, the UK-based administrative branch of the United Kingdom Statistics Authority, showed that construction output rose by a record 15.8% in 2022 compared to the previous year, reaching £132,989 million. Additionally, in December 2022, monthly construction output increased by 2.0%, mainly due to a 3.5% rise in new work. This growth reflects the continued demand for construction projects across various sectors. Thus, the expanding construction industry is fueling the growth of the green cement market.
Major companies in the green construction market are prioritizing the development of innovative products aimed at enhancing sustainability, minimizing environmental impact, and improving energy efficiency. These efforts align with a broader strategy to support the decarbonization of the construction sector. For example, in June 2024, Hoffmann Green Cement Technologies, a France-based cement company, announced the construction of H-KSA 1, its first production unit in Saudi Arabia. This project marks a significant milestone in Hoffmann Green's international expansion and reinforces the company's commitment to delivering innovative, eco-friendly construction materials.
Major companies in the green cement market are focused on developing innovative products, such as low-carbon footprint green cement, to attract larger customer bases, boost sales, and increase revenue. Low-carbon footprint green cement is produced with a significantly reduced environmental impact compared to traditional Portland cement. For example, in February 2023, Holcim, a Switzerland-based building materials company, announced the launch of Europe's first calcined clay low-carbon cement operation at its Saint-Pierre-la-Cour plant in France. This facility will produce ECOPlanet green cement, which offers a 50% reduction in CO2 footprint compared to standard cement. The operation utilizes biomass and waste heat recovery systems, underscoring Holcim's commitment to sustainability through the use of innovative, low-emission raw materials like calcined clay.
In February 2022, Eco Material Technologies, a US-based manufacturer of sustainable cementitious materials, acquired Boral Resources, a North American-based fly ash provider, and Green Cement, a Texas-based manufacturer of carbon cement alternatives, for an undisclosed amount. Eco Material Technologies is a newly established entity in the green cement sector, and the company is focusing on strengthening its production and research capabilities through these acquisitions.
Major companies operating in the green cement market include Associated Cement Companies Limited, Anhui Conch Cement Company Limited, Solidia Technologies Inc., Taiheiyo Cement Corporation, UltraTech Cement Limited, Votorantim Cimentos S. A., Ecocem Ireland Ltd., HeidelbergCement AG, Kiran Global Chems Limited, Navrattan Blue Crete Industries Pvt. Ltd., Taiwan Cement Corporation, China National Building Material Group Co. Ltd., Navrattan Group, Italcementi S. p. A., CarbonCure Technologies Inc., Sociedad Anonima Bursatil de Capital Variable, CRH Public Limited Company, Hallett Group, JSW Cement Ltd., Calera Corporation, CeraTech Inc., Green Cement Inc., Holcim Ltd., Ecoplus Industries Pvt. Ltd., Carbon Clean Solutions Ltd., Blue Planet Systems Corporation, Novacem Ltd., Calix Limited, Zeobond Pty Ltd., Ashcrete Technologies Inc., Green Island Cement Company Limited, Cenin Cement Limited, Banah UK Ltd.
North America was the largest region in the green cement market in 2024. 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, North America, South America, Middle East, Africa
The countries covered in the green cement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The green cement market consists of sales of oxychloride cement, geopolymer cement, magnesium cement, ferrocrete, and calcium sulfoaluminate. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Green Cement Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on green cement market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for green cement ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The green cement market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.