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Europe Green Cement Market Size, By Application (Residential, Commercial, Industrial), By Product (Fly Ash-based, Slag-based, Recycled Aggregates), By Country, Industry Analysis Report, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026
Published Date: November 2020 | Publisher: Graphical Research Report ID: GR1546 | Delivery : PDF  Request Free Sample

Industry Trends

Europe Green Cement Market Share was USD 134 million in 2019 and will grow at a CAGR of 5.7% up to 2026.
 

Europe Green Cement Market

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The Europe cement market growth is mainly attributable to the renovation of aging infrastructures in the UK, Italy, Poland, Sweden, and France. The increasing cost of energy and depleting fuel sources have surged the demand for sustainable green cement. Rising concerns related to GHG emissions from the construction industry have surged cement market prices as producers have to incur additional costs, such as green taxes, if emissions are not restricted. Regulatory bodies, such as Environmental Permitting Regulations (EPR) and Pollution Prevention Control (PPC), along with other authorities in Europe have introduced legislation and incentives, such as quarrying and extraction tax, to regulate activities of the industrial sector. These trends are significantly contributing to the adoption of green cement in the coming years.

Europe has emerged as the largest exporter of green cement across the world. The governments of developed and emerging nations in Europe are continually introducing favorable policies, which are decreasing trade volatility and increasing economic stability. With improving political reforms, several nations including Germany, France, Spain, and Italy have witnessed a surge in FDI inflows and are anticipated to propel the domestic construction industry. Germany has witnessed an increase in the new construction orders with an overall 4.1% YOY increase in 2018 in building and civil engineering construction. The rise in FDI inflows generates opportunistic scenarios for green construction.

Green cement composed of fly ash shows promising gains during the assessment period owing to its enhanced bending and compressive strength compared to ordinary concrete. Apart from reduced CO2, green cement offers various performance benefits such as fire resistance, mechanical strength including shrinkage, creep, static behavior, corrosion protection, frost, workability, curing, etc. Green construction has better chances to withstand fire, up to a temperature range of 2,400°F. These factors will escalate the consumption of green cement in the coming years.

Recuperation in commercial construction coupled with rising government directives, such as EC directive 2010/75/EU in Europe, will enhance green cement consumption in the construction of green concrete dams, bridges, and columns. Increasing construction & renovation of educational infrastructures and office buildings certified by Leader in Energy and Environment Design (LEED), hypermarkets, walkways, and pavements will escalate the commercial sector and support industry growth.

Research and innovation are critical factors for sustainable growth in the green cement industry. Strategic collaboration & new product development with cost efficiency and improved performance are the prime strategies of industry players in 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.
 

Frequently Asked Question(FAQ) :

The market size of Europe Green Cement was valued over USD 134 million in 2019.
Segmental analysis of market based on Product, Application, Country.
The industry share of Europe Green Cement is projected to witness 5.7% growth rate during 2020 to 2026.

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