Global Negative CO2 Cement Market- Industry Analysis And Forecast 2020 – 2026

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Global Negative CO2 Cement Market- Industry Analysis and forecast 2020 – 2026

Global Negative CO2 Cement Market size was valued at US$ XX Mn. in 2019 and the total revenue is expected to grow about CAGR XX % from 2020 to 2027, reaching nearly US$ XX Mn.

Global Negative CO2 Cement Market

Global Negative CO2 Cement Market

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The report study has analyzed revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Global Negative CO2 Cement Market Overview:

Negative CO2 cement represents a greener alternative to regular cement. Cement manufacturers and companies utilizes carbon negative cement in buildings due to less energy consumption to enhance the utility of raw materials such as limestone, clay, and marl. Negative CO2 cement has the ability to store atmospheric carbon in the fabric of the building. CO2 negative cement consumed more carbon dioxide than emitting. Furthermore, instead of limestone (CaCO3) industries are using magnesium silicates (MgO3Si) as alternative which come from olivine, talc, and serpentine. MgO3Si have no carbon emission on heating. A lower temperature means that the amount of fossil fuels used to run the process is being decreased. Negative CO2 cement reduces carbon emissions of poured concrete from 800kg emitted per ton to 50kg absorbed per ton. According to think tank Chatham House, cement is the source of about 8% of the world's CO2 emissions.
Global Negative CO2 Cement Market Dynamics:

The increasing use of negative CO2 cement in buildings improves the material's effectiveness. The materials have the ability to store atmospheric C in the building's fabric. Negative CO2 cuts down the use of fossil fuels in the building process and eliminates greenhouse gas emissions. Moreover, consumers are preferring pollution free environment is boosting the growth of global negative CO2 cement market.
Global Negative CO2 Cement Market Segmentation:

The MMR report covers all segments in the global negative CO2 cement market such as end use industry, application, type, and regional analysis. By end use industry, the construction segment was valued at US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2026 over the forecast period. The negative CO2 cement market growth is due to lower material costs, improved mechanical and durability properties, and a reduction in the carbon footprint of concrete manufacturers.

Based on the application, the residential segment dominated the market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn. by 2026, with a CAGR of XX %. The cement industry will be the world's third-largest emitter of greenhouse gases, behind China and the U.S. due to large industrial construction.

Based on the type, magnesium oxide cement currently dominating the negative co2 cement market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn. by 2026. According to Industrial Efficiency Technology Database, magnesium-based cements are many times stronger than that of conventional concrete. MgO based cements commonly achieve compressive strengths of 9,000 - 45,000 pound-force per square inch (psi) and tension strength of over 800 psi.
Global Negative CO2 Cement Market Regional Analysis:

The largest share of the demand is projected to come from Europe, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn by 2026. The growth is accounted to the fact that cement plants operate on 90% non-fossil fuels in Europe.

North America shows significant growth for global negative CO2 cement market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn by 2026, with a CAGR of XX%. The growth is attributed to the growing adoption of rapid industrialization, urbanization, and increasing health concern.

Asia Pacific dominated the market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn by 2026. The growth is significant & attributed to developing countries like China and India in particular owing to sustainable lower-carbon fuels.
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Global Negative CO2 Cement Market1
Negative CO2 Cement Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Negative CO2 Cement Market

• Emc Cement Co.
• Novacem Limited
• Geopolymer Solutions LLC
• IronKast Technologies
• Reco Cement Products
• Solidia Technologies
• Zeobond
• banahCEM
• Calera SCM
• Calix
• Ceratech MENA LLC

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