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Global Green Concrete Market to reach USD XXX billion by 2028.

Global Green Concrete Market Size study, by End User (Industrial, Commercial, and Residential) and Regional Forecasts 2022-2028

Product Code: OIRBC-32922910
Publish Date: 14-08-2022
Page: 200

Global Green Concrete Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Green concrete is defined as concrete that contains material that may be used as a partial or total substitute for concrete or coarse aggregates. The material used to replace typical concrete products might be leftovers from the manufacturing process. Green concrete provides for a decrease in greenhouse gas emissions as well as a reduction in the consumption of natural resources such as clay, shale, natural river sand, limestone, and natural rocks in the building sector. The worldwide green concrete market is estimated to expand during the forecast period as a result of rising social awareness about eco-friendly goods. The construction industry’s preference for eco-friendly goods over synthetic-based chemicals in order to minimise greenhouse emissions is expected to boost market growth. The Europe 2020 strategy aims to cut greenhouse gas emissions by 20%, increase energy produced from renewable sources by 20%, and increase energy efficiency by 20%. The policy aims to encourage the purchase of environmentally friendly products while also providing member states with tax breaks on their use. Rapid industrialization and urbanization have increased demand for tunnels, highways, bridges, water retention structures, warehouses, and housing, which is likely to benefit the green concrete industry. Green building certification programmes like LEED and the ICC 700 National Green Building Standard are projected to boost demand for green building projects in the future. The number of LEED-certified projects in the United States climbed from 296 in 2006 to over 67,200 in 2018. Fluctuating crude oil prices, depletion of Middle Eastern petroleum reserves, and are projected to propel industry expansion. Reduced utility use for the manufacture of green concrete is projected to be a market driver. Governments in the United States and the European Union are taking steps to promote the use of recyclable materials in building. The establishment of a recycling programme by the United States government in Michigan State for contractors and their surplus goods in order to develop heaps of unused concrete, gravel, pea stone, and granite to hundreds of feet and then crush them to produce sub-base for driveways and roads. This initiative is assisting contractors in reducing disposal costs and is likely to be adopted for use in concrete mixtures. Auscrete Corporation announced the development of a green technology for the building of sustainable, energy-efficient, and long-lasting contemporary dwelling in April 2021. Auscrete Corporation constructs “GREEN” energy-efficient houses employing exclusive patented technology in lightweight concrete hybrid insulated housing materials. However, the high cost of Green Concrete stifles market growth throughout the forecast period of 2022-2028.

The key regions considered for the Global Green Concrete Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is projected to be a potential market for green concrete due to domestic government initiatives that encourage the bio-economy. Because of the significant increase in building investment by the governments of India and China, Asia Pacific is likely to be a promising market for green concrete in the near future. Government initiatives that encourage infrastructure development, such as tax breaks and the entrance of foreign direct investment in India, are projected to boost demand for green concrete.

Major market player included in this report are:
The Dow Chemical Company
Eco Green Co.
Rpm International Inc.
BASF
Cemex C.B.
Pidilite Industries
Mapei Ltd.
Chryso SAS,
CICO Technologies Ltd.
Lafarge Holcim
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End User:
Industrial
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Green Concrete Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Green Concrete Market, by Region, 2020-2028 (USD Billion)
1.2.2. Green Concrete Market, by End User, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Green Concrete Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Green Concrete Market Dynamics
3.1. Green Concrete Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Reduced utility consumption for the End Userion of green concrete
3.1.1.2. Fluctuating crude oil prices, depletion of petroleum reserves
3.1.2. Market Challenges
3.1.2.1. High Cost of Green Concrete
3.1.3. Market Opportunities
3.1.3.1. Increasing social awareness towards eco-friendly End Users
Chapter 4. Global Green Concrete Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Green Concrete Market, by End User
6.1. Market Snapshot
6.2. Global Green Concrete Market by End User, Performance – Potential Analysis
6.3. Global Green Concrete Market Estimates & Forecasts by End User 2018-2028 (USD Billion)
6.4. Green Concrete Market, Sub Segment Analysis
6.4.1. Industrial
6.4.2. Commercial
6.4.3. Residential
Chapter 7. Global Green Concrete Market, Regional Analysis
7.1. Green Concrete Market, Regional Market Snapshot
7.2. North America Green Concrete Market
7.2.1. U.S. Green Concrete Market
7.2.1.1. End User breakdown estimates & forecasts, 2018-2028
7.2.2. Canada Green Concrete Market
7.3. Europe Green Concrete Market Snapshot
7.3.1. U.K. Green Concrete Market
7.3.2. Germany Green Concrete Market
7.3.3. France Green Concrete Market
7.3.4. Spain Green Concrete Market
7.3.5. Italy Green Concrete Market
7.3.6. Rest of Europe Green Concrete Market
7.4. Asia-Pacific Green Concrete Market Snapshot
7.4.1. China Green Concrete Market
7.4.2. India Green Concrete Market
7.4.3. Japan Green Concrete Market
7.4.4. Australia Green Concrete Market
7.4.5. South Korea Green Concrete Market
7.4.6. Rest of Asia Pacific Green Concrete Market
7.5. Latin America Green Concrete Market Snapshot
7.5.1. Brazil Green Concrete Market
7.5.2. Mexico Green Concrete Market
7.6. Rest of The World Green Concrete Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. The Dow Chemical Company
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. End User Summary
8.2.1.5. Recent Developments
8.2.2. Eco Green Co.
8.2.3. Rpm International Inc.
8.2.4. BASF
8.2.5. Cemex C.B.
8.2.6. Pidilite Industries
8.2.7. Mapei Ltd.
8.2.8. Chryso SAS,
8.2.9. CICO Technologies Ltd.
8.2.10. Lafarge Holcim
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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