The market is projected to grow from $28.3 billion in 2022 to $57.8 billion in 2028, at a compound annual growth rate (CAGR) of 12.6% during the forecast period.
CEMEX - CEMEX, founded in 1906, is a leading vertically integrated heavy building materials company focused on four core businesses—cement, ready-mix concrete, aggregates, and urbanization solutions.
China National Building Material Group Co. Ltd. (CNBM) – CNBM was founded in 1984 through the merger of the China National Building Materials Group Corporation and China National Materials Group Corporation. CNBM is among the largest manufacturers of building materials and is an integrated service provider, worldwide. It has been listed in the Fortune Global 500 for eleven consecutive years.
Heidelberg Materials AG – Heidelberg Materials, founded in 1874, is one of the world's largest manufacturers of building materials. Its products and services include the production and distribution of cement, aggregates, ready-mixed concrete, and asphalt. The company offers services such as worldwide trading in cement and coal by sea.
Holcim Group - Holcim is a Swiss-based global building materials and aggregates flagship division of the Holcim Group. The original company merged on July 10, 2015, with Lafarge, to form LafargeHolcim as the new company, Holcim Group, in 2021. The company operates in the global markets through its four business segments: cement, ready-mix concrete, aggregates, solutions, and products.
Green cement represents a crucial step toward creating a more sustainable and environmentally friendly construction industry. As the demand for eco-conscious building materials continues to rise, the development and adoption of green cement technologies will play a pivotal role in shaping the future of construction and infrastructure development. In terms of market trends, the global green cement market is projected to reach $57.8 billion by 2028, with a forecasted CAGR of 12.6% from 2023 to 2028. By choosing green cement, we can pave the way to a more sustainable and resilient built environment.
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