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The Green Cement Market is estimated to grow from USD 21.42 Billion in 2019 to USD 43.59 Billion by 2027, 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, with different players participating in production and distribution. Green cement is an environment-friendly replacement for Portland cement.
Green cement is in its initial stages as several companies are still conducting 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, market demand is expected to rise further in the forecast period.
Global Green Cement Market Report 2020-2027 - Prevalence of Rigorous Environment Regulations Driving Growth
ResearchAndMarkets.com s offering.
The Green Cement Market is estimated to grow from USD 21.42 Billion in 2019 to USD 43.59 Billion by 2027, 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, with different players participating in production and distribution. Green cement is an environment-friendly replacement for Portland cement.
Green cement is in its initial stages as several companies are still conducting 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 product