According to Fortune Business Insights, The global green cement market size was valued at USD 35.65 billion in 2023 and is projected to grow from USD 39.32 billion in 2024 to USD 83.28 billion by 2032, exhibiting a CAGR of 9.9% during the forecast period. North America dominated the green cement market with a market share of 37.17% in 2023.

Green cement, an eco-friendly alternative, is produced using discarded waste such as blast furnaces and fly ash. The increasing demand for residential buildings due to global infrastructure developments and population growth is driving the market growth. Fortune Business Insights presents this information in their report titled "Green Cement Market, 2024–2032."

Major Players Profiled in the Report:

• JSW Cement (India)
• Green Cement Inc. (U.S.)
• Holcim Ltd (Switzerland)
• ACC Limited (India)
• UltraTech Cement Limited (India)
• Anhui Conch Cement (China)
• CEMEX S.A.B. de C.V. (Mexico)
• CRH plc (Ireland)
• CarbonCure Technologies Inc. (Nova Scotia)
• Heidelberg Cement (Germany)

Request a FREE Sample Copy: https://www.fortunebusinessinsights.com/green-cement-market-107251

Segments

Growing Adoption and Environmental Benefits Propel Fly Ash's Market Leadership

By type, the market is segmented into fly ash, slag, recycled aggregate, and others. The fly ash segment dominates the market and is expected to maintain its leadership due to increasing adoption as a sustainable alternative to portland cement.

Green cement is an environment-friendly cement mainly processed through discarded waste, including blast furnaces and fly ash. The manufacturing process of this cement is extremely energy sufficient as major producers use advanced technologies, thereby aiding in lowering carbon emissions. According to JK Lakshmi Cement Ltd., green cement in buildings can reduce up to 40% of their carbon footprint.

Growing Consumer Preference and Regulatory Support Fuel Residential Segment's Growth