세계의 탄소 중립 시멘트 시장 예측(-2032년) : 유형, 원재료, 유통 채널, 기술, 용도, 최종 사용자, 지역별 분석

According to Stratistics MRC, the Global Carbon-Neutral Cement Market is accounted for $2.51 billion in 2025 and is expected to reach $4.74 billion by 2032 growing at a CAGR of 11.2% during the forecast period. Carbon-neutral cement is a type of cement engineered to offset or eliminate its net carbon emissions throughout its lifecycle. This is achieved through innovations such as alternative binders, carbon capture technologies, and the use of renewable energy during production. Additionally, incorporating industrial by-products like fly ash or slag reduces reliance on traditional clinker. The goal is to minimize environmental impact while maintaining structural integrity, supporting sustainable construction practices and aligning with global decarbonization targets in the building materials sector.

According to the Energy and Resources Institute (TERI), global cement consumption reached approximately 4.8 billion tons in 2016 and was projected to approach 6 billion tons by 2022, reflecting sustained growth driven by infrastructure and urbanization demands worldwide.

Market Dynamics:

Driver:

Growing demand for green buildings and sustainable infrastructure

As governments and private developers increasingly adopt green building certifications, the need for low-emission materials has surged. Carbon-neutral cement aligns with global climate targets, making it a preferred choice for infrastructure projects aiming to reduce environmental impact. Additionally, urbanization in emerging economies is accelerating the shift toward eco-friendly construction materials. This trend is further supported by policy incentives and stricter emission regulations across major markets.

Restraint:

Higher production costs and price competitiveness

The production process often involves advanced technologies and alternative raw materials, which can drive up manufacturing expenses. Moreover, conventional cement producers benefit from economies of scale, making it difficult for sustainable alternatives to compete on price. Limited availability of low-carbon inputs and the need for specialized equipment also contribute to higher operational costs. These factors collectively impact market penetration, especially in price-sensitive regions.

Opportunity:

Development of new "carbon-free" cement chemistries

Researchers are exploring geopolymer-based binders, magnesium silicate systems, and other novel compounds that drastically reduce CO2 emissions. These emerging technologies not only offer environmental benefits but also improve material performance in terms of durability and thermal resistance. Strategic collaborations between academia and industry are accelerating the commercialization of these alternatives. As regulatory frameworks evolve to support low-carbon solutions, the market is poised for transformative growth.

Threat:

Lack of clear, consistent definitions for "carbon-neutral" or "low-carbon" cement

Terms like "low-carbon" and "carbon-neutral" are often used inconsistently, leading to confusion among stakeholders. This ambiguity hampers consumer trust and complicates regulatory compliance. Without clear benchmarks, companies may engage in greenwashing, undermining genuine sustainability efforts. The lack of harmonized metrics also makes it difficult to compare products across regions, slowing down adoption and investment in credible solutions.

Covid-19 Impact:

The pandemic disrupted global supply chains and construction timelines, temporarily slowing the momentum of carbon-neutral cement adoption. Lockdowns and labor shortages led to project delays, while fluctuating demand for building materials created uncertainty in procurement strategies. Governments began prioritizing green recovery initiatives, allocating funds toward climate-friendly construction. This shift in policy focus has reinvigorated interest in low-carbon cement technologies, positioning them as central to post-pandemic rebuilding efforts.

The limestone calcined clay cement (LC3) segment is expected to be the largest during the forecast period

The limestone calcined clay cement (LC3) segment is expected to account for the largest market share during the forecast period due to its cost-effectiveness and substantial reduction in CO2 emissions. By replacing a significant portion of clinker with calcined clay and limestone, LC3 offers a scalable solution for sustainable construction. Additionally, LC3 exhibits excellent mechanical properties and durability, making it suitable for both residential and commercial applications. Ongoing research and pilot projects are further validating its performance across diverse climatic conditions.

The clinker substitution techniques segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the clinker substitution techniques segment is predicted to witness the highest growth rate driven by its potential to drastically cut carbon emissions. Techniques such as incorporating fly ash, slag, natural pozzolans, and calcined clays are gaining traction among producers aiming to meet sustainability targets. Technological advancements in blending and curing processes are making these substitutes more viable at scale. Regulatory support and carbon pricing mechanisms are further accelerating their adoption.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share attributed to rapid urban development and strong government backing for sustainable infrastructure. Countries like China and India are investing heavily in green building initiatives, creating robust demand for low-emission materials. The region also benefits from abundant raw materials suitable for alternative cement formulations. Public-private partnerships and environmental mandates are reinforcing the region's dominant position in the global market.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR fueled by stringent environmental regulations and rising consumer awareness. The U.S. and Canada are actively promoting decarbonization in the construction sector through tax incentives and green procurement policies. Additionally, the presence of major infrastructure renewal programs is creating opportunities for sustainable material integration. The region's proactive stance on climate action is positioning it as a key growth engine for the market.

Key players in the market

Some of the key players in Carbon-Neutral Cement Market include HeidelbergCement AG, Holcim Ltd, Ecocem, Kiran Global Chem Limited, Navrattan Group, JSW Cement, UltraTech Cement Ltd, Taiheiyo Cement Corporation, Votorantim Cimentos, Hallett Group, CarbonCure Technologies Inc., LafargeHolcim Ltd, Calera Corporation, Siam Cement Public Company (SCG), CeraTech, Anhui Conch Cement Company Limited, ACC Ltd, and Green Cement Inc.

Key Developments:

In June 2025, Heidelberg Materials announced the acquisition of a concrete-recycling business in Calgary to expand its circular-economy footprint in North America. The deal is intended to scale reuse of recycled concrete paste and support lower-carbon concrete production at regional sites.

In June 2025, Taiheiyo Cement announced plans to establish a blended-cement export hub using ash resources at its Saiki Ash Center. The initiative supports export growth and low-carbon blended cement products using industrial by-products.

Types Covered:

• Geopolymer Cement
• Limestone Calcined Clay Cement (LC3)
• Magnesium-Based Cement
• CarbonCured Cement
• Bio-Cement
• Alkali-Activated Cement
• Other Types

Raw Materials Covered:

• Ground Granulated Blast-furnace Slag (GGBS)
• Fly Ash
• Calcined Clay
• Other Raw Materials

Distribution Channels Covered:

• Direct Sales (B2B)
• Distributors & Dealers
• Online Sales Platforms
• Government Procurement
• Other Distribution Channels

Technologies Covered:

• Alternative Calcium Sources
• Clinker Substitution Techniques
• Digital Emission Monitoring
• Carbon Capture and Storage (CCS) Materials
• Agricultural Waste-Based Materials
• Other Technologies

Applications Covered:

• Residential
• Industrial Infrastructure
• Transportation & Roadways
• Marine & Offshore Structures
• Other Applications

End Users Covered:

• Construction Companies
• Cement & Concrete Manufacturers
• Government & Public Infrastructure Projects
• Real Estate Developers
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Carbon-Neutral Cement Market, By Type

• 5.1 Introduction
• 5.2 Geopolymer Cement
• 5.3 Limestone Calcined Clay Cement (LC3)
• 5.4 Magnesium-Based Cement
• 5.5 CarbonCured Cement
• 5.6 Bio-Cement
• 5.7 Alkali-Activated Cement
• 5.8 Other Types

6 Global Carbon-Neutral Cement Market, By Raw Material

• 6.1 Introduction
• 6.2 Ground Granulated Blast-furnace Slag (GGBS)
• 6.3 Fly Ash
• 6.4 Calcined Clay
• 6.5 Other Raw Materials

7 Global Carbon-Neutral Cement Market, By Distribution Channel

• 7.1 Introduction
• 7.2 Direct Sales (B2B)
• 7.3 Distributors & Dealers
• 7.4 Online Sales Platforms
• 7.5 Government Procurement
• 7.6 Other Distribution Channels

8 Global Carbon-Neutral Cement Market, By Technology

• 8.1 Introduction
• 8.2 Alternative Calcium Sources
• 8.3 Clinker Substitution Techniques
• 8.4 Digital Emission Monitoring
• 8.5 Carbon Capture and Storage (CCS) Materials
• 8.6 Agricultural Waste-Based Materials
• 8.7 Other Technologies

9 Global Carbon-Neutral Cement Market, By Application

• 9.1 Introduction
• 9.2 Residential
• 9.3 Industrial Infrastructure
• 9.4 Transportation & Roadways
• 9.5 Marine & Offshore Structures
• 9.6 Other Applications

10 Global Carbon-Neutral Cement Market, By End User

• 10.1 Introduction
• 10.2 Construction Companies
• 10.3 Cement & Concrete Manufacturers
• 10.4 Government & Public Infrastructure Projects
• 10.5 Real Estate Developers
• 10.6 Other End Users

11 Global Carbon-Neutral Cement Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 HeidelbergCement AG
• 13.2 Holcim Ltd
• 13.3 Ecocem
• 13.4 Kiran Global Chem Limited
• 13.5 Navrattan Group
• 13.6 JSW Cement
• 13.7 UltraTech Cement Ltd
• 13.8 Taiheiyo Cement Corporation
• 13.9 Votorantim Cimentos
• 13.10 Hallett Group
• 13.11 CarbonCure Technologies Inc.
• 13.12 LafargeHolcim Ltd
• 13.13 Calera Corporation
• 13.14 Siam Cement Public Company (SCG)
• 13.15 CeraTech
• 13.16 Anhui Conch Cement Company Limited
• 13.17 ACC Ltd
• 13.18 Green Cement Inc.