Global Green Concrete Market Report and Forecast 2023-2028


Posted April 26, 2023 by vidhyanigam98

The Global Green Concrete Market attained a value of USD 6314.9 million in 2022. Aided by the increasing demand for sustainable building materials in the construction industry,
 
Bharat Book Bureau Provides the Trending Market Research Report on“Global Green Concrete Market Report and Forecast 2023-2028”under Heavy Industry Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.

Executive Summary
The Global Green Concrete Market attained a value of USD 6314.9 million in 2022. Aided by the increasing demand for sustainable building materials in the construction industry, the market is expected to grow at a CAGR of 10.6% between 2023 and 2028 to reach a value of USD 11453.80 million by 2028.

Green concrete is an environment-friendly alternative to traditional concrete, which is made from waste and recycled materials, such as fly ash, slag cement, and recycled aggregate. Green concrete is known for its excellent strength, durability, and reduced environmental impact compared to conventional concrete. It is widely used in various construction applications, such as residential, commercial, and infrastructure projects.
One of the key factors driving the global green concrete market growth is the increasing demand for sustainable building materials in the construction industry. As the need for sustainable development intensifies, there is a growing emphasis on reducing the environmental impact of construction activities. Green concrete, with its lower carbon footprint and utilisation of waste materials, is considered a viable solution to address these concerns, which has fuelled its demand in various construction applications.
The rising awareness regarding the benefits of green concrete is another factor increasing the green concrete market expansion. Green concrete is a desirable alternative for contractors and builders due to its many benefits, including less energy use, greenhouse gas emissions, and enhanced indoor air quality. Moreover, green concrete can also help in achieving various green building certifications, further boosting its adoption in the construction industry.
The increasing government support for sustainable construction practices is expected to further contribute to the growth of the global green concrete market. Governments across various regions are implementing policies and regulations that encourage the use of eco-friendly building materials, such as green concrete, in construction projects. These initiatives are expected to create a favourable environment for the green concrete market growth during the forecast period.
The use of 3D printing technology in the construction industry is on the rise, and green concrete is gaining traction as a suitable material for 3D printing. 3D printing with green concrete can significantly reduce construction waste, minimise material usage, and shorten construction time, thus contributing to the green concrete market growth.
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Issued By vidhya
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Tags heavy industry market research report
Last Updated April 26, 2023