In-Depth Exploration of the Green Concrete Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global Green Concrete Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Green Concrete Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Green concrete is defined as concrete that contains material that may be used as a partial or total substitute for concrete or coarse aggregates. The material used to replace typical concrete products might be leftovers from the manufacturing process. Green concrete provides for a decrease in greenhouse gas emissions as well as a reduction in the consumption of natural resources such as clay, shale, natural river sand, limestone, and natural rocks in the building sector. The worldwide green concrete market is estimated to expand during the forecast period as a result of rising social awareness about eco-friendly goods. The construction industry’s preference for eco-friendly goods over synthetic-based chemicals in order to minimise greenhouse emissions is expected to boost market growth. The Europe 2020 strategy aims to cut greenhouse gas emissions by 20%, increase energy produced from renewable sources by 20%, and increase energy efficiency by 20%.
The policy aims to encourage the purchase of environmentally friendly products while also providing member states with tax breaks on their use. Rapid industrialization and urbanization have increased demand for tunnels, highways, bridges, water retention structures, warehouses, and housing, which is likely to benefit the green concrete industry. Green building certification programmes like LEED and the ICC 700 National Green Building Standard are projected to boost demand for green building projects in the future. The number of LEED-certified projects in the United States climbed from 296 in 2006 to over 67,200 in 2018. Fluctuating crude oil prices, depletion of Middle Eastern petroleum reserves, and are projected to propel industry expansion. Reduced utility use for the manufacture of green concrete is projected to be a market driver. Governments in the United States and the European Union are taking steps to promote the use of recyclable materials in building.
The establishment of a recycling programme by the United States government in Michigan State for contractors and their surplus goods in order to develop heaps of unused concrete, gravel, pea stone, and granite to hundreds of feet and then crush them to produce sub-base for driveways and roads. This initiative is assisting contractors in reducing disposal costs and is likely to be adopted for use in concrete mixtures. Auscrete Corporation announced the development of a green technology for the building of sustainable, energy-efficient, and long-lasting contemporary dwelling in April 2021. Auscrete Corporation constructs “GREEN” energy-efficient houses employing exclusive patented technology in lightweight concrete hybrid insulated housing materials. However, the high cost of Green Concrete stifles market growth throughout the forecast period of 2022-2028.
The key regions considered for the Global Green Concrete Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is projected to be a potential market for green concrete due to domestic government initiatives that encourage the bio-economy. Because of the significant increase in building investment by the governments of India and China, Asia Pacific is likely to be a promising market for green concrete in the near future. Government initiatives that encourage infrastructure development, such as tax breaks and the entrance of foreign direct investment in India, are projected to boost demand for green concrete.
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Major market player included in this report are:
- The Dow Chemical Company
- Eco Green Co.
- Rpm International Inc.
- BASF
- Cemex C.B.
- Pidilite Industries
- Mapei Ltd.
- Chryso SAS,
- CICO Technologies Ltd.
- Lafarge Holcim
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By End User:
Industrial
Commercial
Residential
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Green Concrete market, including:
- What can be expected for the Green Concrete market in the next decade?
- What are the primary drivers of growth in the global Green Concrete market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Green Concrete market vary based on the size of the end market?
- What is the breakdown of Green Concrete by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Green Concrete market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Green Concrete Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Green Concrete Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Green Concrete Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Green Concrete Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Green Concrete Market.
Our Green Concrete Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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