In 2019, the market value of green cement worldwide amounted to 609.3 million U.S. dollars. Based on a compound annual growth rate of 4.8 percent between 2020 and 2026, the global green cement market value is forecast to reach nearly 680 million U.S. dollars by 2026.
Green cement is a type of cement that is produced using a carbon-negative manufacturing process, thereby significantly reducing the carbon emissions that are associated with cement production. Manufacturing conventional cement is one of the world's most carbon intensive industries.
Market value of green cement worldwide in 2019, with a forecast for 2026
(in million U.S. dollars)
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Global Market Insights. (October 23, 2020). Market value of green cement worldwide in 2019, with a forecast for 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/1289642/worldwide-green-cement-market-value/
Global Market Insights. "Market value of green cement worldwide in 2019, with a forecast for 2026 (in million U.S. dollars)." Chart. October 23, 2020. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/1289642/worldwide-green-cement-market-value/
Global Market Insights. (2020). Market value of green cement worldwide in 2019, with a forecast for 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/1289642/worldwide-green-cement-market-value/
Global Market Insights. "Market Value of Green Cement Worldwide in 2019, with a Forecast for 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Oct 2020, https://www.statista.com/statistics/1289642/worldwide-green-cement-market-value/
Global Market Insights, Market value of green cement worldwide in 2019, with a forecast for 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1289642/worldwide-green-cement-market-value/ (last visited December 24, 2024)
Market value of green cement worldwide in 2019, with a forecast for 2026 (in million U.S. dollars) [Graph], Global Market Insights, October 23, 2020. [Online]. Available: https://www.statista.com/statistics/1289642/worldwide-green-cement-market-value/