Green cement market to grow to $38.1 billion
Green cement market to grow to $38.1 billion

Green cement market to grow to $38.1 billion

Europe currently accounts for a significant share of the green cement market and is expected to remain a key consumer due to increasing demand for sustainable construction materials. Mean-while, rising population is expected to drive demand for green cement.

The global market for green cement is expected to grow to $38.1 billion by 2024 from $14.8 billion in 2015, according to a recent report from Transparency Market Research, a CAGR of 11.3 per cent between 2016 and 2024.

Demand in the Middle East and Africa will also provide a 'lucrative market for green cement in the next few years owing to the rise in construction activities coupled with increase in demand for sustainable products.'

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