Cement News

Maximizing Decarbonisation Potential of Existing Cement Formulation – Call for Low Carbon Cement, Says Fact.MR


FACT.MR

Organisations Will Need to Fine-Tune Their Operations through Advancements & Technology Innovation, And They’ll Need to Build a New Growth Portfolio That Takes Advantage of the Sustainable Building’s Value Chain Prospects

Seoul, South Korea, Aug. 17, 2022 (GLOBE NEWSWIRE) — Fact.MR reveals that the global market for low carbon cement is valued at US$ 1.7 billion and is expected to surge ahead a CAGR of 11.2% from 2022 to 2032. High market growth is being witnessed due to rising demand for maximising the decarbonisation potential of existing cement formulations and investments in developing fresh eco-friendly alternatives.

Carbon taxes and the accelerating demand for greener building materials will probably result in significant price rises. As a result, logistical costs would become reasonable and over time, particularly in Europe and other regions, and with strict regulations, a hike in the construction materials market as a whole could be witnessed.

For Critical Insights on Low Carbon Cement Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=5044

In this case, a radically different cement business model might emerge, resulting in a few big plants making the clinker for a huge network of local, smaller cement companies. This process could lead to industry consolidation and boost profits in a less fragmented market, along with the risk that the investments needed for decarbonisation may only be possible at a certain size.

Companies need to adopt a sustainable approach to all aspects of the business, from the company’s mission and goals to operational practices. Decarbonisation goals must be met by keeping concrete’s relative value proposition as compared to other building materials, such as durability and strength, while still maintaining a manageable carbon footprint. Although it may be difficult, prioritising sustainability will be the cornerstone for future decarbonisation activities.

Which Low Carbon Cement End Use Will Remain the most attractive?

When compared to conventional cement, the manufacture and use of green cement have a very low carbon impact. For example, it reuses trash from manufacturing and minimises greenhouse gas emissions. It’s durable, resistant to cracking, and long-lasting. The most common problem with concrete is the corrosion of steel bars. The low chloride permeability of green cement makes it rust-resistant.

When the production process is addressed and green concrete is used, CO2 emissions can be reduced by 30%. It’s also crucial to note that the amount of freshwater needed to make ready-mix concrete with green cement is reduced by nearly half. Demand for this environment-friendly product is increasing, and it is helping the cement industry deal with a wide range of environmental concerns.

Out of the end usages considered in the market study, commercial construction has remained a vital generator for the demand for low carbon cement, accounting for nearly 36% of the total market as of 2021. Moreover, companies are partnering with cement manufacturers to come up with innovative solutions that can further be used for a longer time.

To learn more about Low Carbon Cement Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=5044

Key Segments Covered in the Low Carbon Cement Industry Survey

  • By Cement Type :

    • Portland Cement

    • High Alumina Cement

    • Quick Settling Cement

    • Others

Winning Strategy

Rather than selling concrete, companies must shift their focus towards selling sustainable solutions and capitalise on decreasing conventional concrete consumption levels. A smaller carbon footprint and more value to developers and owners can be achieved by reducing the amount of concrete used in the construction of a building.

An approach that at first looks counterintuitive—cannibalism—can yield large top- and bottom-line increases; increased value from long-term tangible solutions could compensate for decreasing demand.

Besides R&D in engineering, construction and construction-technology businesses can help cement and concrete producers develop innovative designs and procedures that use less material, ideally in conjunction with new circular business models, to achieve this goal.

Get Customization on Low Carbon Cement Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5044

Key players in the Low Carbon Cement Market

  • CarbiCrete

  • Carbon Cure

  • Cemex

  • CeraTech

  • Ecocem Ireland Lt

  • Heidelberg Cement

  • Holcim

  • Kiran Global Chems Ltd.

Key Takeaways from Low Carbon Cement Market Study

  • By the conclusion of the forecast period (2022-2032), Portland cement is expected to offer a total dollar potential of US$ 3.4 billion.

  • High alumina cement is expected to hold a 27% market share by 2032.

  • Slag-based cement is expected to account for 25.5% of the total market value by 2032, while fly-ash-based cement is expected to reach a market value of US$ 3.1 billion.

  • Out of the end uses considered in the scope, commercial construction is poised to remain the most attractive segment and surge at 13% CAGR to reach US$ 2.1 billion by 2032-end.

  • By 2032, it is anticipated that Europe will account for 30% of the world’s low carbon cement market share.

  • East Asia is expected to offer absolute a dollar opportunity worth US$ 1 billion.

Explore Fact.MR’s Coverage on the Chemicals and Materials Domain-

Chameleon Inspired Polymers Market– The global sales of the Chameleon-inspired Polymers in 2021 were held at US$ 850 Million. With 12%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. The Shape Memory Polymers is expected to be the highest revenue-generating category, projected to register an absolute dollar opportunity of US$ 1.6 Billion during 2022 – 2032.

Europe High Temperature Coatings MarketConsumption of high temperature coatings across Europe is estimated to reach a value of US$ 2.15 billion by the end of 2032, up from US$ 1.46 billion at present, expanding at a CAGR of 3.9% during the forecast years of 2022-2032.

Bioinspired Materials MarketThe global sales of the Bioinspired Materials in 2021 was held at US$ 40.1 Bn. With 5.7%, the projected market growth during 2022 – 2032 is expected to be slightly lower than the historical growth. Revenue through Medical application is expected to be the highest revenue generator, with a projected CAGR of over 7% during 2022 – 2032.

Hyaluronic Acid MarketSales of hyaluronic acid are predicted to increase at a CAGR of 7.9% from 2022 to 2032, at present, the global hyaluronic acid market stands at a valuation of US$ 11.31 billion and is estimated to rake in revenue worth US$ 24.11 billion by the end of 2032.

Europe Alkyl Polyglucoside MarketDuring the projected period, the Europe alkyl polyglucoside market is predicted to grow at a CAGR of 5% across the 2022-2032 period of assessment. By the end of the said forecast duration, a market valuation worth US$ 700 Million is projected. As of 2021, the market was valued at US$ 430 Million, which is expected to rise to US$ 450 Million by 2022-end, reflecting a Y-o-Y increase of 4.6%.

Europe Ductile Iron Pipes MarketThe ductile iron pipes market in Europe has reached a valuation of US$ 1.16 billion in 2022. Projections are that ductile iron pipe sales across the region will increase at a CAGR of 3.4% to push the market to US$ 1.63 billion by the end of 2032.

Coupling Agents Market– The global sales of Coupling Agents in 2021 was held at US$ 519.4 Million and is projected to reach US$ 812.1 Million by the end of 2032. With 4.2%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth.

Diesel Oxidation Catalysts Market– The global market for Diesel Oxidation Catalysts, which was anticipated to be worth US$ 1.4 Bn in 2022, is expected to rise to US$ 2.8 Bn by 2032, at a CAGR of 2.9% throughout the analysed period.

Glutathione Agarose Resin Market– The global Glutathione Agarose Resin market is estimated at US$ 332.6 Mn in 2022 and is projected to reach a valuation of US$ 1.3 Bn by 2032, expanding at a CAGR of 7% through the forecast period of 2022-2032.

Oleate Esters Market– Newly-released Oleate Esters Market analysis report by Fact.MR shows that global sales of Oleate Esters Market in 2021 were held at US$ 1.8 Bn. Oleate Esters Market is projected to reach valuation of US$ 3.3 Bn, expanding at a CAGR of 5.8% by 2032.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter



Source link