Green Concrete Market Report 2024 (Global Edition)

Global Green Concrete Market Report 2024 Market Size Split by Product Type (Cement, Lime), by Design (Plain Cement, Pre-Stressed, Reinforced), by End Use (Residential, Commercial, Industrial, Infrastr...

Green Concrete Market Report Description

We have various report editions of Green Concrete Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Green Concrete Market Insights Video

Competitive Landscape of the Green Concrete Market

The competition in the green concrete market is intensifying as companies strive to differentiate themselves through technological advancements, environmental certifications, and strategic partnerships. The shift towards sustainable building practices is expected to drive further innovation and growth in the market, offering opportunities for both established players and new entrants to capitalize on evolving market trends.

July 2022: Hallett Group announced a USD 125 million green cement project across strategic locations in South Australia, aimed at slashing carbon dioxide emissions by 300,000 tonnes per annum initially, with projections to reach one million tonnes annually, displaying a significant stride towards carbon-neutral cement production. (Source: https://hallett.com.au/index.php/green-cement-transformation-2/) July 2020: LafargeHolcim launches its "green concrete" in the U.S., with plans for expansion into Latin America, Canada, and the U.K. This eco-friendly concrete, already available in Europe, marks a significant step towards reducing carbon emissions in the construction sector globally. (Source: https://www.holcim.com/media/media-releases/global-launch-ecopact-green-concrete)

Top Companies Market Share in Green Concrete Industry: (In no particular order of Rank)

• HOLCIM (Switzerland)
• CEMEX (Mexico)
• HeidelbergCement AG (Germany)
• CRH (Ireland)
• UltraTech Cement Ltd (India)
• Sika AG (Switzerland)
• Buzzi S.p.A. (Italy)
• Vicat SA (France)
• TAIHEIYO CEMENT CORPORATION (Japan)
• Ecocem (Ireland)
• BASF SE (Germany)
• Cement Australia Holdings Pty Limited (Australia)
• Tarmac (U.K.)
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Green Concrete Market

Which Region Dominates the Green Concrete Market in 2024?

According to Cognitive Market Research, North America leads the Green Concrete Market primarily due to stringent environmental regulations and a strong emphasis on sustainable construction practices. The region's robust infrastructure development, coupled with government initiatives promoting eco-friendly building materials, drives demand for green concrete. Additionally, heightened awareness among construction companies and developers regarding the environmental impact of traditional concrete further boosts adoption.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is witnessing rapid growth in the Green Concrete Market due to several key factors. Increasing urbanization and infrastructure development across countries like China and India drive substantial demand for sustainable construction materials. Government initiatives promoting green building practices and stringent regulations on carbon emissions further propel adoption. Moreover, rising environmental awareness among consumers and businesses encourages the use of eco-friendly concrete solutions.

 

The current report Scope analyzes Green Concrete Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Green Concrete Market

According to Cognitive Market Research, the global Green Concrete market size was estimated at USD 36541.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 14616.48million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9%from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Green Concrete market with a market size of USD 11532.40 million in 2024 and is projected to grow at a CAGR of 9.4%during the forecast period. The demand is amplified by the nation's increasing environmental regulations and a heightened focus on sustainable construction practices.
• The Canada Green Concrete market had a market share of USD 1753.98million in 2024 and is projected to grow at a CAGR of 8.7% during the forecast period. Canada's increasing environmental regulations and a heightened focus on sustainable construction practices to increased usage of Green Concrete.
• The Mexico Green Concrete market is projected to witness growth at a CAGR of 8.4% during the forecast period,with a market size of USD 1330.10million in 2024.

Europe Green Concrete Market

According to Cognitive Market Research, the global Green Concrete market size was estimated at USD 36541.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 10962.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2%from 2024 to 2031.

• The United Kingdom Green Concrete market had a market share of USD 1841.68million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. In the UK, Green Concrete sales witness an upswing due to the nation's stringent environmental regulations and the region's strong commitment to sustainability.
• The France Green Concrete market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 1008.54 million in 2024.
• According to Cognitive Market Research, the Germany Green Concrete market size was valued at USD 2170.55million in 2024 and is projected to grow at a CAGR of 8.4% during the forecast period. In Germany, Green Concrete sales surged due to the stringent environmental regulations and the region's strong commitment to sustainability.
• The Italy Green Concrete market is projected to witness growth at a CAGR of 7.6%during the forecast period, with a market size of USD 942.76 million in 2024.
• The Russia Green Concrete market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 1699.17 million in 2024.
• The Spain Green Concrete market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 898.91 million in 2024
• The LuxembourgGreen Concrete market is projected to witness growth at a CAGR of 8.3%during the forecast period, with a market size of USD 339.83million in 2024.
• The PortugalGreen Concrete market is projected to witness growth at a CAGR of 8.0%during the forecast period, with a market size of USD 230.21million in 2024.
• The GreeceGreen Concrete market is projected to witness growth at a CAGR of 8.5%during the forecast period, with a market size of USD 131.55million in 2024.
• Rest of Europe'sGreen Concrete market is projected to witness growth at a CAGR of 6.9%during the forecast period, with a market size of USD 1699.17million in 2024.

Asia Pacific Green Concrete Market

According to Cognitive Market Research, the global Green Concrete market size was estimated at USD 36541.2Million, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 8404.48million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7%from 2024 to 2031.

• According to Cognitive Market Research, the China Green Concrete market size was valued at USD 3782.01 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Green Concrete sales surge in China due to the urbanization, infrastructure development, and increasing environmental awareness.
• The Japan Green Concrete market is projected to witness growth at a CAGR of 10.2%during the forecast period,with a market size of USD 1159.82 million in 2024.
• The India Green Concrete market had a market share of USD 1008.54 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. India's urbanization, infrastructure development, and increasing environmental awareness.
• The South Korea Green Concrete market is projected to witness growth at a CAGR of 10.8%during the forecast period, with a market size of USD 840.45million in 2024.
• The Australia Green Concrete market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 437.03million in 2024.
• The South East Asia Green Concrete market is projected to witness growth at a CAGR of 12.7%during the forecast period, with a market size of USD 579.91million in 2024.
• The Rest of Asia Pacific Green Concrete market is projected to witness growth at a CAGR of 11.5%during the forecast period, with a market size of USD 596.72million in 2024.

South America Green Concrete Market

According to Cognitive Market Research, the global Green Concrete market size was estimated at USD 36541.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1827.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Green Concrete market size was valued at USD 781.98 million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. Green Concrete sales flourish in Brazil due to the region's growing emphasis on sustainable development and environmental conservation.
• Argentina Green Concrete market had a market share of USD 306.95million in 2024 and is projected to grow at a CAGR of 11.7%during the forecast period. Argentina's region's growing emphasis on sustainable development and environmental conservation.
• Colombia Green Concrete market is projected to witness growth at a CAGR of 8.9% during the forecast period with a market size of USD 162.61million in 2024.
• Peru Green Concrete market is projected to witness growth at a CAGR of 9.3% during the forecast period with a market size of USD 149.82 million in 2024.
• Chile Green Concrete market is projected to witness growth at a CAGR of 9.4% during the forecast period with a market size of USD 131.55million in 2024.
• The Rest of Latin America Green Concrete market is projected to witness growth at a CAGR of 8.2% during the forecast period,with a market size of USD 294.16million in 2024.

Middle East and Africa Green Concrete Market

According to Cognitive Market Research, the global Green Concrete market size was estimated at USD 36541.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 730.82million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4%from 2024 to 2031.

• The GCC Countries Green Concrete market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD 312.79 million in 2024. Green Concrete sales flourish due to the combination of governmental sustainability initiatives.
• The Egypt Green Concrete market is projected to witness growth at a CAGR of 9.7% during the forecast period,with a market size of USD 76.74million in 2024.
• The South Africa Green Concrete market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 115.47 million in 2024. Green Concrete sales flourish in South Africa due to the combination of governmental sustainability initiatives.
• The Turkey Green Concrete market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 62.85million in 2024.
• The Nigeria Green Concrete market is projected to witness growth at a CAGR of 8.5%during the forecast period, with a market size of USD 76.74 million in 2024.
• The Rest of MEA Green Concrete market is projected to witness growth at a CAGR of 8.4% during the forecast period,with a market size of USD 86.24million in 2024.

Green Concrete Market Analysis

Green Concrete Market Product Type Segment Analysis

According to Cognitive Market Research, Cement is the dominant product type in the Green Concrete Market, primarily due to its widespread use in construction and infrastructure projects globally. Cement-based green concrete offers durability, strength, and versatility, making it a preferred choice for various applications such as residential buildings, commercial complexes, and infrastructure developments like bridges and roads. The adoption of cement-based green concrete is driven by its ability to reduce carbon emissions compared to traditional concrete, thanks to innovations in production techniques that incorporate recycled materials and alternative fuels.

Lime-based green concrete is the fastest-growing category in the Green Concrete Market, propelled by its eco-friendly properties and increasing applications in sustainable construction projects. Lime-based concrete offers excellent thermal insulation properties, enhancing energy efficiency in buildings and reducing their carbon footprint. This category is gaining traction due to lime's ability to absorb carbon dioxide during the curing process, contributing to overall carbon neutrality in construction. The growing emphasis on sustainable building materials and the rising demand for energy-efficient construction solutions drive the rapid growth of lime-based green concrete.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Green Concrete Industry. Request a Free Sample PDF!

Green Concrete Market Design Segment Analysis

According to Cognitive Market Research, Reinforced design stands as the dominant category in the Green Concrete Market due to its versatility and widespread application in construction projects worldwide. Reinforced green concrete incorporates steel reinforcement bars (rebars) or fibers to enhance its tensile strength and durability, making it suitable for a wide range of structural applications. This design category is preferred in building foundations, bridges, dams, and high-rise structures where strength and resilience against external forces are critical.

The pre-stressed design category is the fastest-growing segment in the Green Concrete Market, driven by its superior strength and efficiency in construction. Pre-stressed green concrete involves pre-tensioning or post-tensioning reinforcement strands within the concrete to counteract tensile stresses, resulting in enhanced load-bearing capacity and reduced cracking. This design is increasingly favored in infrastructure projects such as highways, bridges, and industrial buildings where large spans and heavy loads require robust structural solutions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Green Concrete End Use Segment Analysis

End Use Segment Analysis

According to Cognitive Market Research, Infrastructure is the dominant end-use category in the Green Concrete Market due to the extensive use of green concrete in large-scale public works and civil engineering projects. The demand for sustainable and durable construction materials in building roads, bridges, tunnels, and other infrastructure is driving the adoption of green concrete. Government initiatives and regulations aimed at reducing the carbon footprint of construction projects further bolster this demand. Green concrete's ability to provide long-term performance and reduce maintenance costs makes it an ideal choice for infrastructure projects.

The commercial sector is the fastest-growing end-use category in the Green Concrete Market, driven by the rising emphasis on sustainable construction practices and green building certifications. Commercial buildings, including office spaces, shopping centers, and hotels, increasingly adopt green concrete to meet environmental standards and reduce operational costs through improved energy efficiency. The growing awareness among businesses about the benefits of sustainable materials, such as lower carbon emissions and enhanced indoor air quality, fuels this trend.

• Residential
• Commercial
• Industrial
• Infrastructure

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

LinkedIn

Profile

I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

Author's Conclusion