GITNUX MARKETDATA REPORT 2024

Green Concrete Industry Statistics

Green concrete industry statistics show a growing trend towards sustainable construction practices, with increased demand for eco-friendly building materials and a focus on reducing carbon emissions in the construction sector.

In this post, we will explore the latest statistics and trends in the green concrete industry. From the impressive growth projections of the global green cement market to the regional shifts in market dominance, we will delve into key insights shaping the future of sustainable construction materials.

Statistic 1

"The global green cement market size was valued at $22.36 billion in 2019."

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Statistic 2

"The global green cement market is expected to reach $37.76 billion by 2027."

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Statistic 3

"The composite annual growth rate (CAGR) of the green cement market is projected to be 9.3% from 2020 to 2027."

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Statistic 4

"Between 2020 and 2027, the residential segment is projected to grow at a CAGR of 9.6% in the green cement market."

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Statistic 5

"The Asia-Pacific region led the green cement market in 2019 and is expected to continue to do so through 2027."

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Statistic 6

"Europe is expected to be the fastest-growing region in the green cement market between 2020 and 2027."

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Statistic 7

"The United States is expected to grow at a CAGR of 10.1% between 2020 and 2027 in the green cement market."

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Statistic 8

"China is expected to grow at a CAGR of 2.7% in the green cement market between 2020 and 2027."

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Statistic 9

"The energy-efficient green concrete market is estimated to have a value of $24.55 billion in 2022."

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Statistic 10

"The projected market size for green concrete in 2027 is $48.4 billion."

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Statistic 11

"Resident sector of the green concrete market is estimated to experience a CAGR of 10.9% from 2020 to 2027."

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Statistic 12

"The Asia-Pacific region accounted for 41.8% of the global green cement market in 2019."

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Statistic 13

"The World Building Council aims to make all buildings net zero by 2050, potentially driving demand for green concrete."

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Statistic 14

"Europe’s green cement market is expected to grow at an impressive CAGR of 10.4% from 2020 to 2027."

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Statistic 15

"The Middle East and Africa has been projected to grow by 9.1% in green cement market size."

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Statistic 16

"Fly ash-based green cement segment accounted for 36.1% of the total green cement market in 2019."

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Statistic 17

"The North American region is predicted to record a growth rate of 11.3% between 2020 and 2027 in the green concrete market."

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Statistic 18

"The infrastructure segment accounted for 40% of the global green concrete market in 2019."

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The statistics presented portray a promising outlook for the green concrete industry. With a significant increase in market size projected by 2027, driven by robust compound annual growth rates across various regions and sectors, the demand for green cement and concrete is evidently on the rise. Regions like Asia-Pacific, Europe, and North America are expected to play key roles in this growth trajectory, with initiatives like the World Building Council’s aim for net-zero buildings further enhancing market opportunities. These statistics highlight a shift towards sustainable construction practices, emphasizing the importance of environmentally-friendly materials in the future of the concrete industry.

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