As per the report, the global green concrete market attained a value of USD 6314.9 million in 2022. Aided by the increasing demand for sustainable building materials in the construction industry, the market is expected to grow at a CAGR of 10.6% between 2023 and 2028 to reach a value of USD 11453.80 million by 2028.
Green concrete is an environment-friendly alternative to traditional concrete, which is made from waste and recycled materials, such as fly ash, slag cement, and recycled aggregate. Green concrete is known for its excellent strength, durability, and reduced environmental impact compared to conventional concrete. It is widely used in various construction applications, such as residential, commercial, and infrastructure projects.
One of the key factors driving the global green concrete market growth is the increasing demand for sustainable building materials in the construction industry. As the need for sustainable development intensifies, there is a growing emphasis on reducing the environmental impact of construction activities. Green concrete, with its lower carbon footprint and utilisation of waste materials, is considered a viable solution to address these concerns, which has fuelled its demand in various construction applications.
The rising awareness regarding the benefits of green concrete is another factor increasing the green concrete market expansion. Green concrete is a desirable alternative for contractors and builders due to its many benefits, including less energy use, greenhouse gas emissions, and enhanced indoor air quality. Moreover, green concrete can also help in achieving various green building certifications, further boosting its adoption in the construction industry.
The increasing government support for sustainable construction practices is expected to further contribute to the growth of the global green concrete market. Governments across various regions are implementing policies and regulations that encourage the use of eco-friendly building materials, such as green concrete, in construction projects. These initiatives are expected to create a favourable environment for the green concrete market growth during the forecast period.
The use of 3D printing technology in the construction industry is on the rise, and green concrete is gaining traction as a suitable material for 3D printing. 3D printing with green concrete can significantly reduce construction waste, minimise material usage, and shorten construction time, thus contributing to the green concrete market growth.
Green concrete is an environment-friendly alternative to traditional concrete, which is made from waste and recycled materials, such as fly ash, slag cement, and recycled aggregate. Green concrete is known for its excellent strength, durability, and reduced environmental impact compared to conventional concrete. It is widely used in various construction applications, such as residential, commercial, and infrastructure projects.
One of the key factors driving the global green concrete market growth is the increasing demand for sustainable building materials in the construction industry. As the need for sustainable development intensifies, there is a growing emphasis on reducing the environmental impact of construction activities. Green concrete, with its lower carbon footprint and utilisation of waste materials, is considered a viable solution to address these concerns, which has fuelled its demand in various construction applications.
The rising awareness regarding the benefits of green concrete is another factor increasing the green concrete market expansion. Green concrete is a desirable alternative for contractors and builders due to its many benefits, including less energy use, greenhouse gas emissions, and enhanced indoor air quality. Moreover, green concrete can also help in achieving various green building certifications, further boosting its adoption in the construction industry.
The increasing government support for sustainable construction practices is expected to further contribute to the growth of the global green concrete market. Governments across various regions are implementing policies and regulations that encourage the use of eco-friendly building materials, such as green concrete, in construction projects. These initiatives are expected to create a favourable environment for the green concrete market growth during the forecast period.
The use of 3D printing technology in the construction industry is on the rise, and green concrete is gaining traction as a suitable material for 3D printing. 3D printing with green concrete can significantly reduce construction waste, minimise material usage, and shorten construction time, thus contributing to the green concrete market growth.
Market Segmentation
The market can be divided based on type, design, application, and region.Market Breakup by Type
- Fly Ash Concrete
- Ground Granulated Blast-Furnace Slag Concrete
- Silica Fume Concrete
- Others
Market Breakup by Design
- Plain Cement Concrete
- Reinforced Cement Concrete
- Pre-Stressed Cement Concrete
Market Breakup by Application
- Commercial
- Residential
- Infrastructure
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global green concrete companies. Some of the major key players explored in the report are as follows:- Dow Chemical Company
- BASF SE
- MAPEI Inc
- LafargeHolcim Ltd
- Flyocrete Green Concrete LLP
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Green Concrete Market Analysis
8.1 Key Industry Highlights
8.2 Global Green Concrete Historical Market (2018-2022)
8.3 Global Green Concrete Market Forecast (2023-2028)
8.4 Global Green Concrete Market by Type
8.4.1 Fly Ash Concrete
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Ground Granulated Blast-Furnace Slag Concrete
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Silica Fume Concrete
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Green Concrete Market by Design
8.5.1 Plain Cement Concrete
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Reinforced Cement Concrete
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Pre-Stressed Cement Concrete
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Green Concrete Market by Application
8.6.1 Commercial
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Infrastructure
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.7 Global Green Concrete Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Green Concrete Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Green Concrete Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Green Concrete Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Green Concrete Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Green Concrete Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Dow Chemical Company
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 BASF SE
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 MAPEI Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 LafargeHolcim Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Flyocrete Green Concrete LLP
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Detailed Process Flow
1.2 Operations Involved
1.3 Mass Balance
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
Companies Mentioned
- Dow Chemical Company
- BASF SE
- MAPEI Inc.
- LafargeHolcim Ltd.
- Flyocrete Green Concrete LLP
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 168 |
| Published | April 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 6933.8 Million |
| Forecasted Market Value ( USD | $ 11453.8 Million |
| Compound Annual Growth Rate | 10.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
