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    North America Green Cement Market Forecast 2026 By Product (Fly Ash-based, Slag-based, Recycled Aggregates), By Application (Residential, Commercial, Industrial), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: November 2020   |   Report ID: GR1540   |   Delivery: PDF  Request Free Sample

    North America Green Cement Market size surpassed USD 115 million in 2019 and is projected to expand at a CAGR of 5% between 2020 to 2026.

    North America Green Cement Market

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    Growing sustainability trends toward the reduction of carbon dioxide from construction activities will enhance the market expansion. Infrastructure development is one of the most crucial sectors of an economy for long-term development. According to Oxford Economics, by 2030, global construction will grow over USD 15 trillion. Supportive regulations introduced by legal bodies such as the U.S. EPA are significantly promoting the carbon-negative manufacturing process of cement. A significant development in the modern construction industry has surged the potential use of green cement in commercial and industrial buildings in the U.S.

    The rapid emergence of stringent building codes on GHG emissions for sustainable urban developments has stimulated energy-efficient construction, thereby escalating the demand for eco-friendly construction materials. Green cement offers high bearing & compressive strength, abrasion & chemical resistance, and low susceptibility to moisture compared to conventional cement. With growing economic development, people are migrating to urban areas; therefore, there is a strong need for residential homes in North America. Changing consumer demographics, growing trends of multi-family buildings, multiple homeownership schemes, and growing preference of consumers to deploy green cement for enhanced aesthetics will support the North America green cement market growth.

    Lack of awareness, high processing cost, and lower life cycle efficiency are the major factors limiting the market expansion. The elevating COVID crisis in the U.S. has significantly contracted the economic output in the region, thereby adversely affecting the supply chain and the construction industry.

    North America Market, By Product

    The fly ash green cement segment is likely to witness a high growth rate through 2026, owing to its high compressive strength and cost-effectiveness. The pozzolanic properties of the product enable it to replace 30% mass of Portland cement in a concrete mixture, thereby improving strength and segregation of the concrete. Fly ash emerges as an economical alternative in road construction projects that use Portland cement concrete as it is highly accepted by the Federal Highway Administration. Increasing acceptance of fly ash in the construction of embankment, factories, and warehouses will escalate the market demand.

    North America Green Cement Market, By Application

    The rising construction of commercial buildings, such as restaurants, subways, civil structures, airports, shopping malls, hypermarkets, warehouses etc has increased the adoption of emerging solutions offering superior performance. An upsurge in modular construction projects and rising remodelling activities will escalate green cement demand in the North America residential sector.

    Competitive Industry Landscape

    Major players operating in the North America green cement market are Anhui Conch Cement Company, Heidelberg Cement, LafargeHolcim, CEMEX, Navrattan Blue Crete Industries, Siam Cement Public Company, CNBM, and Kiran Global Chems.

    The companies are making substantial investments in R&D to formulate durable materials and restrict carbon emissions. Joint ventures, strategic alliances, supply agreements, and production capacity expansion are other strategies adopted by players to expand their product portfolio and attain a competitive edge.

    Frequently Asked Question(FAQ) :

    What was the estimated North America Green Cement Market size in 2019?
    The market size of North America Green Cement Market was valued USD 115 million in 2019.
    What is the anticipated growth for the North America Green Cement industry share during the forecast period?
    The industry share of North America Green Cement is projected to witness more than 5% growth rate during 2020 to 2026.
    Which are the major players operating the market?
    Anhui Conch Cement Company, Heidelberg Cement, LafargeHolcim, CEMEX, Navrattan Blue Crete Industries, Siam Cement Public Company, CNBM, and Kiran Global Chems are some of the major players operating in the market.

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