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Global Green Concrete Market – Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Green Concrete Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 18.46 Billion
Diagram Market Size (Forecast Year) USD 37.59 Billion
Diagram CAGR %

Global Green Concrete Market, By Product Type (Cement, Lime), Design (Plain Cement, Pre-Stressed, Reinforced), End-Use (Residential, Commercial, Industrial, Infrastructure) - Industry Trends and Forecast to 2030.

Green Concrete Market Analysis and Size

The essential factors contributing to the growth of the global green concrete market in the forecast period of 2023 to 2020 include growing awareness and demand for sustainable construction, cost savings and economic benefits and rising demand for low-carbon construction

Data Bridge Market Research analyses that the global green concrete market which was USD 18.46 billion in 2022, is expected to reach USD 37.59 billion by 2030, growing at a CAGR of 9.3% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Green Concrete Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Cement, Lime), Design (Plain Cement, Pre-Stressed, Reinforced), End-Use (Residential, Commercial, Industrial, Infrastructure)

Countries Covered

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

Market Players Covered

LafargeHolcim (Switzerland), CEMEX (Mexico), HeidelbergCement AG (Germany), CRH plc (Ireland), UltraTech Cement Ltd. (India), Sika AG (Switzerland), Buzzi Unicem (Italy), Vicat SA (France), Italcementi (Italy), Taiheiyo Cement Corporation (Japan), Ecocem (Ireland), BASF SE (Germany), Cement Australia (Australia), Tarmac (U.K.), St. Marys Cement (Canada), CarbonCure Technologies Inc. (Canada), Solidia Technologies (U.S.), Giatec Scientific Inc. (Canada), Aggregate Industries (U.K.), CeraTech USA (U.S.)

Market Opportunities

  • Growing awareness and demand for sustainable construction
  • Cost savings and economic benefits
  • Rising demand for low-carbon construction

Market Definition

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.

Global Green Concrete Market Dynamics

Drivers

  • Growing Awareness and Demand for Sustainable Construction

There is a growing awareness among consumers, construction companies, and architects about the importance of sustainable construction practices. Green concrete, which typically incorporates recycled materials or alternative cementitious materials with lower carbon footprints, is increasingly being preferred over traditional concrete.

  • Cost Savings and Economic Benefits

Green concrete offers potential cost savings over the lifecycle of a building. It often requires fewer raw materials and utilizes industrial by-products, thereby reducing production costs. In addition, green concrete can help reduce energy consumption during construction and lower maintenance costs due to its enhanced durability, leading to long-term economic benefits.​​​​​​​

Opportunity

  • Rising Demand for Low-Carbon Construction

As the global construction industry seeks to reduce carbon emissions, there is a growing demand for low-carbon construction materials. Green concrete, with its lower carbon footprint compared to traditional concrete, is gaining traction as a preferred choice for sustainable construction projects.

Restraints/Challenges

  • Lack of Awareness and Education

Despite increasing awareness about sustainable construction practices, there is still a lack of widespread knowledge and understanding of green concrete among architects, engineers, and construction professionals. Many industry stakeholders may not be familiar with the benefits, performance characteristics, or proper usage of green concrete, which can hinder its adoption in projects.

  • Limited Supply Chain and Infrastructure

The availability of alternative cementitious materials and recycled aggregates, which are key components of green concrete, can vary by region. In some areas, there may be limited suppliers or insufficient infrastructure to support the production and distribution of these materials, making it challenging to scale up the use of green concrete in certain markets.

This global 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 localized 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, geographic expansions, technological innovations in the market. To gain more info on the global 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.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In July 2020, LafargeHolcim has made its “green concrete” available in the U.S. market. The firm is also planning to introduce the product to Latin America, Canada and the U.K. It is already available in Switzerland, Germany and France

Global Green Concrete Market Scope

The green concrete market is segmented on the basis of product type, design end use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Cement
  • Lime

Design

  • Plain Cement
  • Pre-Stressed
  • Reinforced

End Use

  • Residential
  • Commercial
  • Industrial
  • Infrastructure

Global Green Concrete Market Regional Analysis/Insights

The global green concrete market is analyzed and market size insights and trends are provided by country, product type, design and end-use as referenced above.

The countries covered in the global 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., South Africa, Egypt, Israel, 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 global green concrete market and is expected to be the fastest growing market during the forecast period of 2023 to 2030 owing to 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 global 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 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Global Green concrete Market Share Analysis

The global 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 global green concrete market.

Some of the major players operating in the global green concrete market are:

  • LafargeHolcim (Switzerland)
  • CEMEX (Mexico)
  • HeidelbergCement AG (Germany)
  • CRH plc (Ireland)
  • UltraTech Cement Ltd (India)
  • Sika AG (Switzerland)
  • Buzzi Unicem (Italy)
  • Vicat SA (France)
  • Italcementi (Italy)
  • Taiheiyo Cement Corporation (Japan)
  • Ecocem (Ireland)
  • BASF SE (Germany)
  • Cement Australia (Australia)
  • Tarmac (U.K.)
  • St. Marys Cement (Canada)
  • CarbonCure Technologies Inc. (Canada)
  • Solidia Technologies (U.S.)
  • Giatec Scientific Inc. (Canada)
  • Aggregate Industries (U.K.)
  • CeraTech USA (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

Green Concrete Market will be worth USD 37.59 billion by 2030.
Green Concrete Market growth rate is 9.3% during the forecast period.
Growing Awareness and Demand for Sustainable Construction and cost Savings and Economic Benefits are the growth drivers of the Green Concrete Market.
Product type, and design end-use are the factors on which the Green Concrete Market research is based.
LafargeHolcim has made its “green concrete” available in the U.S. market, the firm is also planning to introduce the product to Latin America, Canada, and the U.K. It is already available in Switzerland, Germany, and France are the latest developments in the Green Concrete Market.
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