Europe Green Cement Market Size

Statistics for the 2023 & 2024 Europe Green Cement market size, created by Mordor Intelligence™ Industry Reports. Europe Green Cement size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Green Cement Industry

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Europe Green Cement Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
Market Volume (2024) 0.98 Million tons
Market Volume (2029) 1.52 Million tons
CAGR (2024 - 2029) > 9.00 %
Market Concentration High

Major Players

Europe Green Cement Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Green Cement Market Analysis

The Europe Green Cement Market size is estimated at 0.98 Million tons in 2024, and is expected to reach 1.52 Million tons by 2029, growing at a CAGR of greater than 9% during the forecast period (2024-2029).

The COVID-19 pandemic in 2020 affected several industries negatively. The lockdown in most European countries caused construction activities to slow down, leading to reduced demand for green cement in the region. The green cement market's conditions started to recover in 2021 as the vaccination rates were increased and multiple government restrictions were lifted.

Over the short term, growth in sustainable projects in major economies like Germany, France, the United Kingdom, and Italy, favorable government policies for the usage of green cement, and availability of raw materials are major factors driving the growth of the market studied.

However, the rising cost of construction is likely to restrain the growth of the studied market.

Nevertheless, research and development of novel products as raw materials for green cement will likely create lucrative growth opportunities for the global market.

Germany represents the largest market over the forecast period due to the increasing adoption of green cement in its construction projects.

Europe Green Cement Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)