Introduction
The production of cement continues to
grow every year given its key role in construction and urban development. But
the production process of cement is a major source of industrial air pollution.
In order to bring down the harmful emissions, the production methods and
formulation of cement can be slightly modified. Alternative low carbon fuels
are used in the manufacturing process.
called green cement. Although the production and use of green cement is an
emerging idea and the market is mostly concentrated in developed nations,
increasing awareness about the many benefits of green cement is expected to
lead to its adoption in developing countries as well. The market of green
cement is concentrated as only a few companies hold major market share. The
global green cement market growth is expected to be high in the coming years.
Impact of Growing Emissions:
Growth in urbanization has
led to an increase in the emission of greenhouse gases into the atmosphere. We are
witnessing its impact in the form of climate change, weather extremes and
extinction of species. The traditional cement manufacturing
process which involves roasting limestone and clay in giant kilns and uses
fossil fuels such as coal, petroleum coke, natural gas or fuel oils.
of cement produced. This is having detrimental effects on human health and the environment. People are becoming increasingly aware of the impacts of carbon
emissions. Green cement reduces carbon footprint by 40%. This is expected to
have a positive impact on global green cement market size.
Global Green
Cement Market by Application:
commercial, residential, and industrial.
The green cement market share in the residential segment is estimated to be
considerable owing to rising disposable income and increased preference for energy
efficient or ‘green’ buildings. Customers are ready to pay a premium to own a building which
is energy efficient or the one which has been labelled as green. The commercial segment is expected to have a significant
growth rate due to rise in construction activities in developing regions.
Global Green
Cement Market by Geography:
By geography, the global green cement market has been segmented into
North America, South America, Europe, the Middle East, and Africa, and Asia
Pacific.
government regulations encouraging the construction of environmentally friendly
buildings and the presence of major market players. The green cement market trend
is expected to be positive in the Asia Pacific region due to rising
construction of green buildings.
Market Trends
in the demand for Green Cement:
the market is concentrated, the global green cement market share is expected to expand rapidly owing to growing awareness about
the need to reduce carbon emissions. Government support for energy efficient
buildings and a rise in construction activities is estimated to fuel the demand. The green tax has been imposed in several nations which along with the growing
prices of fossil fuels would increase the price of ordinary cement. Green cement is in the introduction stage and several companies are still carrying out research and development
activities to improve the properties and capability of the product. This is
expected to lead to further growth of the market. Although the manufacturing
process of green cement uses alternative fuels and raw materials, there is no
compromise with quality. It has the desired characteristics such as reduced
porosity and enhanced mechanical strength.
benefits for human health and betterment of the environment we live in.
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