Economy & Market

Green cement market to reach $37.76 billion by 2024

Published

9 years ago

September 5, 2016

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The global green cement market is expected to reach $37.76 billion by 2024, according to a new report by Grand View Research, Inc. Growing awareness regarding reduction in carbon emissions and its detrimental effect on the environment will fuel market growth. Its ability to reduce carbon emissions and improve the setting time and curing time of the cement will eventually have a significant impact on the penetration of the product over the next eight years.
Companies are continuously improving technology by undertaking research and development. Several companies are blending mixtures of various raw materials to get the best possible cost-effective solution for the production of green cement. Green cement is expected to act as a direct substitute for the traditional Portland cement over the next eight years. Asia Pacific will be a high potential market over the next eight years on account of rapid infrastructural development in China, India, and the Southeast Asia.

Concrete

Cement industry to gain from new infrastructure spending

Published

2 weeks ago

July 24, 2025

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As per a news report, Karan Adani, ACC Chair, has said that he expects the cement industry to benefit from the an anticipated US$2.2tn in new public infrastructure spending between 2025 and 2030. In a statement he said that ACC has crossed the 100Mt/yr cement capacity milestone in April 2025, propelling the company to get closer to its ambitious 140Mt/yr target by the 2028 financial year. The company’s capacity corresponds to 15 per cent of an all-India installed capacity of 686Mt/yr.

Image source:https://cementplantsupplier.com/cement-manufacturing/emerging-trends-in-cement-manufacturing-technology/

Concrete

AI boom drives demand, says ACA

Published

2 weeks ago

July 24, 2025

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The American Cement Association projects a nearly 1Mt annual increase in US cement demand over the next three years, driven by the surge in AI data centres. Consumption by data centres is expected to grow from 247,000 tonnes in 2025 to 860,000 tonnes by 2027. With over 5,400 AI data centres currently operating and numbers forecast to exceed 6,000 by 2027, the association cautions that regulatory hurdles and labour shortages may impact the industry’s ability to meet demand.

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Concrete

GoldCrest Cement to build plant in India

Published

2 weeks ago

July 23, 2025

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GoldCrest Cement will build a greenfield integrated plant with a 3.5Mt/yr clinker capacity and 4.5Mt/yr cement capacity. GoldCrest Cement appointed Humboldt Wedag India as engineering, procurement and construction contractor in March 2025 and targets completion by March 2027. It has signed a 40-year supply agreement with Gujarat Mineral Development Corporation for 150Mt of limestone from its upcoming Lakhpat Punrajpur mine in Gujarat.