Global Market Insights has recently added a report on Green Cement Market Share 2019 – 2025 which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.
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North America green cement market is going to witness significant rise due to stringent rules and guidelines by the Environmental Protection Agency (EPA) to support environment-friendly raw materials along with growing consumer demand for a clean source of energy will drive green cement market growth. With rising concerns over climate change, environmental activists and regional agencies continue to put pressure on the major companies to adopt an eco-friendly approach in the production of cement.
Asia-Pacific green cement market is expected to witness a substantial growth owing to increasing construction sector in the developing economies of India and China. In recent years, Indian cement industry continues to use more recycled products as fuels and raw materials. China continues to strengthen its dominance by accelerating investment in renewable energy and supporting technologies.
Global cement market on basis of application is segmented into non-residential, residential, and infrastructure sectors. Rising demand of commercial constructions including shopping malls, office spaces, theaters, and hospitals will drive green cement market growth in forecasted time frame. Major applications of this eco-friendly cement are to use as a repair material for the construction sector and as a binder in waste management.
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Europe fostering investments in infrastructure development and using recycled products as a raw material for cement production, therefore, green cement market will also benefit from a stable legal framework in forecasted time frame. Increasing population coupled with the current trend for urbanization will drive regional green cement market. Rising demand for sustainable cities that provide access to affordable and energy-efficient housing will add to the product market growth in the region.
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