NEW YORK, Oct. 30, 2021 /PRNewswire/ -- Technavio's latest research report on the Green Concrete Market offers a comprehensive analysis on new product launches, the latest trends, and the post-pandemic impact on businesses.
The green concrete market size is expected to increase by USD 10.79 billion, at a CAGR of over 8% from 2021 to 2025.
Market Dynamics
Factors such as rapid industrialization and urbanization and the growing adoption of sustainable products and the growing demand for roads, houses and water retention structures, tunnels, and bridges will be crucial in driving the growth of the market. But the movement restrictions on construction workers will restrict the market growth.
The rising population in urban areas is creating multiple growth opportunities for players in the market. But the replacement of reduced consumption of natural river sand, natural limestone, and clay might impact the business of vendors during the forecast period.
Company Profiles
Some of the companies covered in this report are ACC Ltd., BASF SE, CEMEX SAB de CV, CHRYSO SAS, CICO Group, HeidelbergCement AG, LafargeHolcim Ltd., RPM International Inc., Solidia Technologies Inc., and UltraTech Cement Ltd.
Competitive Analysis
The competitive scenario provided in the green concrete market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
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By Application, the market is classified into non-residential and residential. The market witnessed maximum growth in the non-residential segment in 2020.
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By Geography, the market is analyzed across APAC, Europe, North America, South America, and MEA. APAC will have the largest share of the market.
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Green Concrete Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of over 8% |
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Market growth 2021-2025 |
USD 10.79 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
6.93 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 59% |
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Key consumer countries |
China, India, US, Russian Federation, and Indonesia |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ACC Ltd., BASF SE, CEMEX SAB de CV, CHRYSO SAS, CICO Group, HeidelbergCement AG, LafargeHolcim Ltd., RPM International Inc., Solidia Technologies Inc., and UltraTech Cement Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Email: media@technavio.com
Website: www.technavio.com/
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Green Concrete Market size to grow by USD 10.79 Bn | ACC Ltd., BASF SE, and CEMEX SAB de CV among others dominating the market | Technavio - Yahoo Finance
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