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Lower Carbon Cement Market Trends

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Report ID: 3788
Published Date: Aug 22, 2024
Report Format: PDF, PPT

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Lower Carbon Cement Market Trends

Growth Drivers

Rising Need to Combat Climate Changes Across the Globe
Rapid Growth of Urbanization

Challenges

Low Awareness about the Benefits of this Cement in Underdeveloped Regions

Lower Carbon Cement Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	11.3%
Base Year Market Size (2023)	USD 1.82 billion
Forecast Year Market Size (2036)	USD 7.32 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Lower Carbon Cement Market Size & Share, Growth Report 2036

Author Credits: Rajrani Baghel

Report ID: 3788
Published Date: Aug 22, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of lower carbon cement is estimated at USD 1.98 billion.

Lower Carbon Cement Market size was valued at USD 1.82 billion in 2023 and is likely to reach USD 7.32 billion by 2036, registering around 11.3% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by rising need to combat climate changes across the globe, and rapid growth of urbanization.

Asia Pacific industry is expected to dominate majority revenue share by 2036, owing to increasing population, leading to a mounting need for economic development in the region.

The major players in the market are Hoffman Green Cement Technologies, Celitement GmbH & Co. KG, The Holcim Group, SCHWENK ZEMENT KG, and others.

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