Europe Green Cement and Concrete Market Forecast to 2030
Europe Green Cement and Concrete Market Forecast to 2030 – Regional Analysis – by Product Type (Fly Ash Based, Geopolymer, Slag Based, and Others) and End user (Commercial and Public Infrastructure, Industrial, and Residential)
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Description
Growing Infrastructure Development Drives Europe Green Cement and Concrete Market
Growing investment in sustainable infrastructure paves the way for green cement and concrete opportunities, encouraging the application of eco-friendly alternatives, promoting economic growth, and improving livelihoods. It also offers a pathway for countries to incorporate their infrastructure development and climate goals together by participating in projects that decrease carbon presence, including sustainable and green construction and manufacturing ecosystems. The construction and infrastructure industry are focusing on reducing its carbon footprint, as it is the key contributor to environmental pollution. The World Bank strives to drive more capital spending into infrastructure development to support high-end, sustainable projects that sustainably expand the economy and the environment. In fiscal 2023, the World Bank provided US$ 12.8 billion to reinforce infrastructure financing in developing countries. The World Bank is working to eliminate constraints preventing private-sector investments and working on the project pipelines that attract private-sector financiers to get involved in the overall process. In 2023, The Connecting Europe Facility, the EU’s instrument for strategic investment in transportation infrastructure, has awarded approximately US$ 6.5 billion in grants to 107 projects the Commission has selected. Projects to create an intelligent, eco-friendly, and effective network of inland waterways, maritime routes, and railroads along the trans-European transport network (TEN-T) will receive more than 80% of the financing.
Europe Green Cement and Concrete Market Overview
Europe hold second largest share of 16.80% share in 2022 for the Europe green cement and concrete market. Germany, Russia, France, the UK, and Italy are the major countries in Europe and hold great potential for adopting sustainable material to build the construction of commercial and public places in urban areas. Some of the countries in the Europe region are the largest construction sector. For instance, Germany recorded a revenue of US$ 175 billion in 2020, while the French construction industry’s turnover was US$ 540 billion in 2020. As a result, the demand for cement and concrete increased significantly. The German construction sector emitted 115 million tons of CO2, and the country’s overall greenhouse emissions increased by 4.5% in 2021 compared to 2020. In France, as per the data provided by government officials, 25% of carbon emissions arise from the construction sector. Such statistics show the need for sustainable strategies in the region. Thus, many countries have come up with carbon emission reduction programs. For instance, the French Ministry of Ecological Transition announced the new RE2020 legislation in November 2020 to achieve carbon neutrality in the construction sector by 2050. The government launched simulations in July 2021, and the regulation took effect in 2022. This law applies to the construction of all new buildings, including single-family homes and collective housing, offices, and educational structures, as well as tertiary structures such as hotels, shops, and gymnasiums.
As a result, Europe became a front-runner in the green cement industry, emphasizing the use of construction materials with a lower carbon footprint. Several European countries apart from France have set ambitious targets for carbon emissions reduction, driving innovation in sustainable cement production. For instance, in 2020, the Verein Deutscher Zementwerke e.V. (VDZ), the German cement association, presented plans for decarbonizing cement and concrete by 2050. Moreover, cement manufacturers in the region are combining alternative raw materials and deploying carbon capture technologies. The European Union’s commitment to achieving a carbon-neutral economy has further accelerated the adoption of green cement. These efforts are making a significant impact on reducing the environmental concerns of the construction industry across the continent.
Europe Green Cement and Concrete Market Revenue and Forecast to 2030 (US$ Million)
Europe Green Cement and Concrete Market Segmentation
The Europe green cement and concrete market is segmented into product type, end user, and country.
Based on product type, the Europe green cement and concrete market is segmented into fly ash based, geopolymer, slag based, and others. The fly ash-based segment held the largest share of the Europe green cement and concrete market in 2022.
In terms of end user, the Europe green cement and concrete market is segmented into commercial and public infrastructure and public infrastructure and public infrastructure, industrial, and residential. The commercial and public infrastructure and public infrastructure and public infrastructure segment held the largest share of the Europe green cement and concrete market in 2022.
Based on country, the Europe green cement and concrete market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. France dominated the Europe green cement and concrete market in 2022.
China National Building Material Co Ltd, Green Cement Inc, Anhui Conch Cement Co Ltd, Holcim Ltd, Navrattan Green Cement Industries Pvt Ltd, Cemex SAB de CV, and HeidelbergCement AG are some of the leading companies operating in the Europe green cement and concrete market.
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According to the Research Team research, the Europe green cement and concrete market was valued at US$ 4,816.67 million in 2022 and is expected to reach US$ 7,938.95 million by 2030, registering a CAGR of 6.4% from 2022 to 2030. Increasing concerns for mitigating carbon emissions globally, improved functional performance and capabilities, and favorable government initiatives and policies are among the critical factors attributed to the Europe green cement and concrete market expansion.
Green cement is fabricated from aluminum silicates generated from fly ash and industrial wastes. It is termed alkali-activated cement and generates 40-45% less CO2 than conventional portland cement. Magnesium oxychloride cement is fabricated from magnesium mining byproducts known as concentrated magnesium chloride solution and magnesium oxide powder. This carbon-negative and environment-friendly cement has superior compressive strength and a quicker setting time than conventional cement. In addition, Ferrocrete cement is produced from byproducts of the steel and glass industry, primarily iron and silica. A combination of these materials is fabricated in the presence of CO2; thus, a carbon-neutral cement material is achieved. Green cement production needs fewer natural resources, owing to which very little carbon dioxide is emitted into the environment during the production process. It also does not pollute the environment by dumping toxic waste. The production process of fabricating standard cement requires a large quantity of natural gas for heating purposes. The green cement is fabricated from industrial byproduct which makes the production process more energy efficient. Green cement presents more fire resistance and takes less setting time than other standard cement. Constructions built using green cement have a longer life span. The fabrication process of green cement follows high-end techniques that can decrease carbon discharges, causing minimum pollution. The production of green cement requires the application of byproducts, such as blast furnace slag, fly ash silica, and iron, which are cost-effective. Green cement possesses 0.5-0.6% iron dioxide in its properties, which offers strength to the solidity and color of the cement. This cement dries out quickly and has a minimal rate of shrinkage. It endures longer and makes for a more sustainable alternative for the environment. Green cement also provides superior thermal insulation and high fire resistance. Green cement is a more viable choice for high-traffic areas such as bridges, roads, and airports, as it can endure heavy loads. Additionally, green cement can preserve natural resources, such as clay and limestone, which are limited resources that are becoming rare. Thus, green cement’s higher performance level and capabilities in terms of durability, strength, and resistance propel the market.
On the contrary, lack of awareness and reluctance to use green cement and concrete hamper the Europe green cement and concrete market.
Based on product type, the Europe green cement and concrete market is segmented into fly ash based, geopolymer, slag based, and others. The fly ash-based segment held 42.0% share of Europe green cement and concrete market in 2022, amassing US$ 2,021.02 million. It is projected to garner US$ 3,168.93 million by 2030 to expand at 5.8% CAGR during 2022-2030.
In terms of end user, the Europe green cement and concrete market is categorized into commercial and public infrastructure, industrial, and residential. The commercial and public infrastructure segment held 87.4% share of Europe green cement and concrete market in 2022, amassing US$ 4,212.14 million. It is projected to garner US$ 7,025.38 million by 2030 to expand at 6.6% CAGR during 2022-2030.
By country, the Europe green cement and concrete market has been categorized into France, Germany, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that France captured 5.7% share of Europe green cement and concrete market in 2022. It was assessed at US$ 497.77 million in 2022 and is likely to hit US$ 936.42 million by 2030, exhibiting a CAGR of 8.2% during 2022-2030.
Key players operating in the Europe green cement and concrete market are China National Building Material Co Ltd, Green Cement Inc, Anhui Conch Cement Co Ltd, Holcim Ltd, Navrattan Green Cement Industries Pvt Ltd, Cemex SAB de CV, and HeidelbergCement AG, among others.
In February 2023, Holcim launched Europe’s first calcined clay cement operation in its Saint-Pierre-la-Cour plant in France to deliver ECOPlanet green cement with 50% lower CO2 footprint compared to standard cement (CEM I). This advanced production line, a world’s first, running on Holcim’s proprietary technology proximA Tech, will produce up to 500,000 tons of low-carbon cement per year.
In July 2021, Holcim launched ECOPlanet, its global range of green cement delivering at least 30% lower carbon footprint with equal to superior performance. ECOPlanet is available in Germany, Romania, Canada, Switzerland, Spain, France, and Italy and will be distributed across 15 countries in 2021, with the objective of doubling its market presence by the end of 2022 to enable low-carbon construction at scale.
In September 2023, Hoffmann Green Cement Technologies signed a partnership deal with Point.P. Under the terms of the agreement, HGCT’s clinker-free cement products distributed to Point.P’s ready-mixed concrete (RMC) and batching plants. Point.P is aiming to reduce its CO2 emissions linked to the use of cement it uses in ready-mix concrete, concrete blocks, and precast elements, by 35% by 2030.
In November 2020, Vicat and three other European cement manufacturers join forces to decarbonate the industry. Vicat and the other three European cement manufacturers of the joint venture Cement Innovation for Climate (CI4C) signed a letter of intent regarding the next steps in their ‘catch4climate’ pilot project.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe green cement and concrete market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Green Cement and Concrete Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Raw Material Suppliers:
4.2.2 Green Cement Manufacturers:
4.2.3 End Users
4.2.4 List of Green Cement and Concrete Suppliers
5. Europe Green Cement and Concrete Market – Key Industry Dynamics
5.1 Green Cement and Concrete Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Concerns for Mitigating Carbon Emissions Globally
5.2.1 Improved Functional Performance and Capabilities
5.2.2 Favourable Government Initiatives and Policies
5.3 Market Restraints
5.3.1 Lack of Awareness and Reluctance to Use Green Cement and Concrete
5.4 Market Opportunities
5.4.1 Growing Infrastructure Development
5.5 Future Trends
5.5.1 Growing Utilization of Sustainable Materials in Public Infrastructure
5.6 Impact of Drivers and Restraints:
6. Green Cement and Concrete Market – Europe Market Analysis
6.1 Overview
6.2 Europe Green Cement and Concrete Market Revenue (US$ Million), 2022 – 2030
6.3 Europe Green Cement and Concrete Market Forecast and Analysis
7. Europe Green Cement and Concrete Market Analysis – Product Type
7.1 Fly Ash Based
7.1.1 Overview
7.1.2 Fly Ash-Based Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Geopolymer
7.2.1 Overview
7.2.2 Europe Geopolymer Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Slag Based
7.3.1 Overview
7.3.2 Slag Based Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. Europe Green Cement and Concrete Market Analysis – End-user
8.1 Commercial and Public Infrastructure
8.1.1 Overview
8.1.2 Commercial and Public Infrastructure Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Industrial
8.2.1 Overview
8.2.2 Industrial Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Residential
8.3.1 Overview
8.3.2 Residential Market Revenue, and Forecast to 2030 (US$ Million)
9. Europe Green Cement and Concrete Market – Country Analysis
9.1 Europe
9.1.1 Europe Green Cement and Concrete Market Overview
9.1.2 Europe Green Cement and Concrete Market, By Key Country – Revenue 2022 (US$ Mn)
9.1.3 Europe Green Cement and Concrete Market Revenue and Forecasts and Analysis – By Country
9.1.3.1 Europe Green Cement and Concrete Market Revenue and Forecasts and Analysis – By Country
9.1.3.2 France Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.2.1 France Green Cement and Concrete Market Breakdown by Product Type
9.1.3.2.2 France Green Cement and Concrete Market Breakdown by End-user
9.1.3.3 Germany Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.3.1 Germany Green Cement and Concrete Market Breakdown by Product Type
9.1.3.3.2 Germany Green Cement and Concrete Market Breakdown by End-user
9.1.3.4 Italy Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.4.1 Italy Green Cement and Concrete Market Breakdown by Product Type
9.1.3.4.2 Italy Green Cement and Concrete Market Breakdown by End-user
9.1.3.5 UK Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.5.1 UK Green Cement and Concrete Market Breakdown by Product Type
9.1.3.5.2 UK Green Cement and Concrete Market Breakdown by End-user
9.1.3.6 Russia Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.6.1 Russia Green Cement and Concrete Market Breakdown by Product Type
9.1.3.6.1.1 Russia Green Cement and Concrete Market Breakdown by End-user
9.1.3.7 Rest of Europe Green Cement and Concrete Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.7.1 Rest of Europe Green Cement and Concrete Market Breakdown by Product Type
9.1.3.7.2 Rest of Europe Green Cement and Concrete Market Breakdown by End-user
10. Industry Landscape
10.1 Overview
10.2 New Product Development
10.3 Market Initiative
10.4 Merger and Acquisition
11. Company Profiles
11.1 China National Building Material Co Ltd
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Green Cement Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Anhui Conch Cement Co Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Holcim Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Navrattan Green Cement Industries Pvt Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Cemex SAB de CV
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 HeidelbergCement AG
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About the Research Team
12.2 Word Index
LIST OF TABLES
Table 1. Green Cement and Concrete Market Segmentation
Table 2. List of Vendors in the Value Chain
Table 3. Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Million) – Product Type
Table 5. Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Million) – End-user
Table 6. Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 7. France Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 8. France Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 9. Germany Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 10. Germany Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 11. Italy Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 12. Italy Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 13. UK Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 14. UK Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 15. Russia Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 16. Russia Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 17. Rest of Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By Product Type
Table 18. Rest of Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn) – By End-user
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. Green Cement and Concrete Market Segmentation, By Country
Figure 2. Ecosystem: Green Cement and Concrete Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Green Cement and Concrete Market Revenue (US$ Million), 2022 – 2030
Figure 5. Europe Green Cement and Concrete Market Share (%) – Product Type, 2022 and 2030
Figure 6. Fly ash-based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Europe Geopolymer Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Europe Slag Based Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Others: Green Cement and Concrete Market Revenue and Forecast to 2030 (US$ Million)
Figure 10. Europe Green Cement and Concrete Market Share (%) – End-user, 2022 and 2030
Figure 11. Commercial and Public Infrastructure: Green Cement and Concrete Market Revenue and Forecast to 2030 (US$ Million)
Figure 12. Industrial: Green Cement and Concrete Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Residential: Green Cement and Concrete Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. Europe Green Cement and Concrete Market, By Key Country – Revenue 2022 (US$ Mn)
Figure 15. Europe Green Cement and Concrete Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 16. France Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 17. Germany Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 18. Italy Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. UK Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. Russia Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. Rest of Europe Green Cement and Concrete Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Europe Green Cement and Concrete Market
1. China National Building Material Co Ltd
2. Green Cement Inc
3. Anhui Conch Cement Co Ltd
4. Holcim Ltd
5. Navrattan Green Cement Industries Pvt Ltd
6. Cemex SAB de CV
7. HeidelbergCement AG
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