Global Green Concrete Market, By End-Use (Residential, Commercial, Industrial, Infrastructure), Product Type (Cement, Lime), Design (Plain Cement, Pre-Stressed, Reinforced), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The green concrete market will grow at a rate of 9.30% for the forecast period of 2021 to 2028. Growing demand for roads, houses, water retention structure, tunnel and bridges is a vital factor driving the growth of phenolic panel market.
Green concrete is made from the wastes of concrete which is already used in construction. An extra amount of time is consumed in the mixing and designing of green concrete so, as to ensure a sustainable structure that helps in inhibiting low maintenance surface and a long life cycle. The usage of green concrete helps in reducing the amount of carbon dioxide emission by 30% and it also provides good thermal and fire resistance.
Rising rapid urbanization and industrialization is the vital factor escalating the market growth, also rising shift of manufacturers toward environment friendly alternatives from conventional synthetic concrete, rising preference for environment sustainability and protection and rising growth of the construction industry in China, India, and in the nations of the Middle East due to the increasing regulatory support for the improvement of infrastructure are the major factors among others driving the green concrete market. Moreover, rise in the uptake of alternative fuels sourced from renewable materials and waste namely used oils, filter cakes, foundry sand, solid recovered fuels, animal meals, sewage sludge, and fly ashes and rising research and development activities in the market will further create new opportunities for the green concrete market in the forecast period of 2021-2028.
However, increasing fluctuation in the prices of crude oil and unavailability of raw materials and increased cost of green concrete as compared to conventional products are the major factors among others acting as restraints, and will further challenge the growth of green concrete market in the forecast period mentioned above.
This green concrete market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the green concrete market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Green Concrete Market Scope and Market Size
The green concrete market is segmented on the basis of end-use, product type and design. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on end-use, the green concrete market is segmented into residential, commercial, industrial and infrastructure.
- Based on product type, the green concrete market is segmented into cement and lime.
- The green concrete market is also segmented on the basis of design into plain cement and pre-stressed.
Green Concrete Market Country Level Analysis
The green concrete market is analysed and market size, volume information is provided by country, end-use, product type and design as referenced above.
The countries covered in the green concrete market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the green concrete market due to rising construction activities, rising preference for environment sustainability and protection and rising shift of manufacturers toward environment friendly alternatives from conventional synthetic concrete in this region. Middle East is the expected region in terms of growth in green concrete market due to growing demand for roads, houses, water retention structure, tunnel and bridges and rising research and development activities in the market in this region.
The country section of the green concrete market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Green Concrete Market Share Analysis
The green concrete market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green concrete market.
The major players covered in the green concrete market report are LafargeHolcim, Anhui Conch Cement Company Limited, HEIDELBERGCEMENT AG, CEMEX S.A.B. de C.V., TAIHEIYO CEMENT CORPORATION, EcoChem, Solidia Technologies, UltraTech Cement Ltd., Kiran Global Chem Limited, Dow, Ecogreen Energy, RPM International Inc., BASF SE, CEMEX Colombia SA, Pidilite Industries Ltd., MAPEI S.p.A. and CHRYSO GROUP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.