India Green Cement Market is expected to grow at a CAGR of 5.85% through 2029
India
Green Cement Market is expected to grow owing to growing awareness of
sustainable construction practices in India throughout the forecast period.
According
to TechSci Research report, “India
Green Cement Market – By
Region, Competition, Forecast and Opportunities, 2018-2028”, India Green
Cement Market is expected to register robust growth during the forecast period.
Government initiatives and regulations play a significant role in promoting
green cement in India. The Indian government has set ambitious targets to
reduce carbon emissions, and this has led to incentives and policies that
encourage the use of eco-friendly construction materials, including green
cement.
Government
policies and incentives that promote sustainable building practices provide a
significant opportunity for the green cement market. Incentives such as tax
benefits, subsidies, and mandates for green building certifications encourage
the use of eco-friendly building materials like green cement.
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Based
on end user, the Residential segment is projected to dominate the market
throughout the forecast period. Green cement reduces carbon emissions and
energy consumption during production, making it a more sustainable choice. It offers
improved durability and strength in construction, which is essential for
residential buildings. Major cement manufacturers in India, such as UltraTech
Cement, Ambuja Cements, Shree Cement, and ACC Limited, offer green cement
products and promote their use in residential construction. Ongoing research
and development in the industry aim to create more sustainable cement options,
including carbon-capture technologies and alternative raw materials. The residential segment of the green cement
market is expected to grow as more homebuyers and developers prioritize
sustainable and eco-friendly construction. Green building certifications, like
LEED and GRIHA, will play a significant role in promoting the use of green
cement in residential projects. Government initiatives to promote sustainable
construction practices and reduce carbon emissions will drive the adoption of
green cement in residential construction. Environmental regulations and sustainability norms are becoming more stringent in India. As a result, residential construction projects are increasingly required to use eco-friendly building materials, including green cement. Rising environmental consciousness among consumers and builders is a major driver for the use of green cement in residential projects. Increasing government emphasis on sustainable construction, such as Green Building Certification systems (e.g., IGBC, GRIHA), is encouraging the adoption of green cement. Various types of green cement are available in the market, including Portland Pozzolana Cement (PPC), blended cement, and high-performance cement. Residential projects typically use PPC due to its environmental benefits and cost-effectiveness. In conclusion, the residential
segment of the India Green Cement Market is poised for growth, driven by
environmental regulations, increasing awareness, and government incentives. As
sustainability becomes a more significant focus in the construction industry,
green cement will likely play a crucial role in shaping the future of
residential infrastructure in India.
Key
market players in the India Green Cement Market are:
- UltraTech
Cement Ltd.
- Ambuja
Cements Ltd.
- ACC
Ltd.
- Shree
Cement Ltd.
- JK
Cement Ltd.
- Dalmia
Bharat Ltd.
- Wonder
Cement Ltd.
- Birla
Corporation Ltd.
- HeidelbergCement
India Ltd.
- Tata
Chemicals Ltd.
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“The
India Green Cement Market in South India is poised to be the dominant region in
the industry. South Indian states have been active in implementing
environmental regulations and policies that promote sustainable construction,
which includes the use of green cement. State-specific regulations and green
building codes may impact the demand for green cement in the region.” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global
management consulting firm.
“India
Green Cement Market Segmented By Type (Fly Ash, Recycled Aggregate, Slag and
Others), By End User (Residential, Commercial, Industrial and Others), By
Appication (New Constructions Activities and Repair & Maintenance
Activities), By Region, and By Competition, 2019-2029F,” has evaluated the future growth
potential of India Green Cement Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Green Cement Market.
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