Global Green Concrete Market is expected to rise from its initial estimated value of USD 21.35 billion in 2018 to an estimated value of USD 43.64 billion by 2026, registering a CAGR of 9.35% in the forecast period of 2019-2026.
This rise in market value can be attributed to the growing industries in almost every region.
Green concrete is made from the wastes of concrete already used in construction. An extra amount of time is consumed in the mixing and designing of green concrete so, as to insure a sustainable structure that helps in inhibiting low maintenance surface and a long life cycle. The usage of green concrete reduces the amount of carbon dioxide emission by 30%. It also provides good thermal and fire resistance.
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Global Green Concrete market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of adsorption equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in Green Concrete market 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., CHRYSO SAS, CICO Group.
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Growing demand for roads, houses, water retention structure, tunnel and bridges act as a driver for the growth of green concrete market
Rapid urbanization and industrialization also help in the growth of the market
Fluctuation in the prices of crude oil and unavailability of raw materials hinder the growth of the market
Higher cost of green concrete as compared to conventional products is the major restraint for the market growth
Segmentation: Global Green Concrete Market
By Product (Granulated Blast Furnace Slag, Flyash Based, Recycled Aggregates, Others)
By Application (Commercial, Residential, Industrial)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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Current and future of global anesthesia monitoring market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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