Global Green Cement Market to Grow 14.95% by 2020 - Increase in Construction Costs a Key Challenge - Research and Markets

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Research and Markets

17 Jun, 2016, 14:10 GMT

DUBLIN, June 17, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Green Cement Market 2016-2020" report to their offering.

The global green cement market is forecast to grow at a CAGR of 14.95% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

A trend that will have a positive impact on market growth is the use of waste as alternative fuels (AF). The use of wastes such as used tires, solid recovered fuels, used oils, animal meal, sewage sludge, foundry sands, fly ashes, and filter cakes as AF in cement kilns helps reduce CO2 emissions during the cement production process. Waste is burnt in an incinerator with energy recovery facilities. The power generated is passed to the national electricity grid system.

According to the report, a key growth driver is the rise in urbanization. A number of countries are observing the large-scale migration of the population from rural areas to urban areas. The present growth rate of the population of India (1.55% YoY basis) is more than double the growth rate of China's population (0.66% YoY basis). It is likely that the population in rural areas will be moving to urban areas rapidly during the forecast period. So, with an increase in urban population, problems such as traffic congestion, shortage of housing, and increasing passenger traffic will arise. To meet the needs of such a large scale migration, countries around the world are focusing on developing infrastructure.

Further, the report states that one challenge that could restrict market growth is the increase in construction costs.

Key vendors:

  • Anhui Conch Cement
  • CEMEX
  • China National Building Material (CNBM)
  • Italcementi
  • LafargeHolcim

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology 

PART 04: Introduction

PART 05: Global cement market

PART 06: Market landscape

PART 07: Geographical segmentation

PART 08: Market segmentation by end-use

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/4s6zhc/global_green

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