What is Green Concrete Market?
Green concrete is defined as concrete, which is made from concrete wastes and its production process does not lead to environmental destruction. Increasing carbon emission and global warming impact led cement manufacturers to develop eco-friendly cement for the various types of infrastructural developments. Green concrete is thermal resistant, fire-resistant, and requires less maintenance and repairs compared to conventional cement. Further, its flexural strength and compressive strength behavior with water-cement ratio are similar to conventional cement.
The market study is being classified by Type (Cement Concrete and Lime Concrete), by Application (Residential, Commercial, Industrial, Infrastructural and Farming) and major geographies with country level break-up.
HeidelbergCement (Germany), The Siam Cement Group (Thailand), CRH Plc (Ireland), Holcim Group (Switzerland), BASF (Germany), Fortera Corporation (United States), Cemex (Mexico), Breedon Cement (United Kingdom), ACC Limited (India), Kiran Global Chem Limited (India) and UltraTech Cement (India) are some of the key players profiled in the study.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market
Analyst at AMA have segmented the market study of Global Green Concrete market by Type, Application and Region.
On the basis of geography, the market of Green Concrete has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Infrastructural Activities Across the Globe Due to Rapid Urbanization
- Increased Demand for Green Concrete for Better Sustainable Environment by Reducing CO2 Emission
- Focus on Improved Production Methods and Formulations of Green Cement to Eliminate CO2 Emission
- Less Life of the Structures Constructed with Green Concrete Compared to Conventional Cement
- Increasing Initiative to Build Green Buildings Will Create Opportunity for the Market
- Difficulties to Use in Cold Weather and Low Resistance to Deicer-Salt Scaling Carbonation
In February 2021, ACC Ready Mix Concrete, a subsidiary of cement major ACC launched green concrete in India. It uses CO2-reduced binders and is manufactured with optimized mix designs to reduce its carbon footprint and superior durability compared to conventional cement. The new product is suitable for all structural components like foundations to roof including columns, beams, slabs, external, internal walls, driveways, and walkways.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Green Concrete Manufacturers, Suppliers & Distributors of Green Concrete, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Green Concrete Market?
"Increasing Infrastructural Activities Across the Globe Due to Rapid Urbanization
" is seen as one of major growth factors of Green Concrete Market in years to come.
2. Can we have customized study for Green Concrete Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Green Concrete Market?
will lead Green Concrete Market in coming years.