Global Green Cement Market 2016-2020

Market overview of green cement

Technavio’s market research analyst predicts the global green cement market to grow at a CAGR of almost 15% by 2020. Green cement is considered as a maintainable construction material as it requires less natural resources, releases less CO2, and reduces the water use in construction. The key factors driving growth in the global market are the availability of raw material and rising awareness of the green building concept, especially in the developing countries. Recently, CEMEX has come up with a green cement, Rizal Green, that can be used in driveways, fences, and ground-floor slabs for residential construction. Moreover, the side-effects of cement manufacturing have created environmental compliance issues, which will propel the demand for green cement during the forecast period.

According to this market research analysis, an interesting trend gaining momentum in the market is the use of waste as alternative fuels (AF) in cement kilns.  The utilization of wastes such as used tires, solid recovered fuels, used oils, animal meal, sewage sludge, foundry sand, fly ashes, and filter cakes as AF in cement kilns helps to lower CO2 emissions during the cement production process. Moreover, the cement kilns make more efficient use of the calorific value of the waste material as they approach 100% efficiency in using it. An overall reduction of CO2 emissions reduces the environmental impact of the greenhouse gas (GHG) during the combustion of wastes, thereby increasing the application of waste in cement production process.

Segmentation by end-uses and analysis of the green cement market

• Residential
• Non-residential
• Infrastructure