Green Concrete Market size to grow by USD 10.79 Bn | ACC Ltd., BASF

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

• By Application, the market is classified into non-residential and residential. The market witnessed maximum growth in the non-residential segment in 2020.

• 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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