Global Negative CO2 Cement Market: Overview
Companies are developing negative CO2 cement for using it in various raw materials, due to their less energy consumption. Rather than using limestone (CaCO3), many companies depend upon magnesium silicates (MgO3Si), which come from serpentine, olivine, and talc. Essentially, magnesium silicates have no carbon lodged in them. This will result no carbon emissions when they are heated. Another advantage of using MgO3Si as a source material instead of CaCO3 that to produce cement MgO3Si needs to heat up to half the temperature of CaCO3. A lower temperature indicates that the amount of fossil fuels is reduced for the process to work efficiently. Also this indicated that there is a lesser carbon emissions.
One more added factor in process of making cement that it’s not only being less harmful (emission-wise) but it’s also carbon negative. To make every component harden into cement, magnesium carbonates is added, MgCO3 are formed by combining CO2 and other components. Even though it's a bit complex, but the fact is adding CO2 to the cement and if later emitted into the atmosphere it will be carbon negative. Therefore, it’s believed that in each ton of cement could soak up one-tenth of a ton of CO2.
The research report by Transparency Market Research (TMR) goals to educate on the rapid projections and growth of the global negative CO2 cement market in detail. The research report also focusses on competitive landscape of the market by factoring in weaknesses and strong point of leading entrants.
Global Negative CO2 Cement Market: Drivers & Restraints
Using negative CO2 cement in buildings improves the effectiveness of materials. These materials are capable to store atmospheric C in the fabric of the building. Negative CO2 also reduces the use of energy fossil fuel in the process of construction. Negative CO2 cements reduces the emissions of the greenhouse gases during their life cycle. The negative CO2 cement makes the constructed structure weather-resistant, low-maintenance, airtight, durable, and resilient. Negative CO2 cement also includes a large amount of insulation. These all factors are accountable for the augmented global use of negative CO2 cement.
However, it’s endorsing an idea where fact and figures are unknown such as the actual cost and will these be successful on a large scale. This high cost is hampering growth of the global market. Nevertheless, consumers leaning towards pollution free environment is boosting the global negative CO2 cement market.
Global Negative CO2 Cement Market: Geographical Outlook
Significant growth for global negative CO2 cement market is led by North America. Rapid industrialization, urbanization, and increasing health concern are expected to grow and boost the global market significantly. This region is projected to register the highest CAGR during the coming years due to the presence of large number of buildings. Also, Europe is expected to account for the largest share of the market. All though account of the competitive dynamics of the global negative CO2 cement market is also included in the report.
Global Negative CO2 Cement Market: Competitive Landscape
The global Negative CO2 Cement market is highly competitive and fragmented, and the leading market players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their strong hold in this market. Some of the prominent companies in the global negative CO2 cement market include Emc Cement Co., Geopolymer Solutions, IronKast Technologies, Reco Cement Products, and Solidia Technologies and Zeobond.
This report gives access to decisive data, such as:
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for the coming years
Key highlights of this report include:
Overview of key market forces propelling and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition dynamics to offer you a competitive edge
An analysis of strategies of major competitors
An array of graphics and SWOT analysis of major industry segments
Detailed analyses of industry trends
A well-defined technological growth map with an impact-analysis
Offers a clear understanding of the competitive landscape and key product segments
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.