Global green concrete market is expected to witness growth over the forecast period on account of increasing social awareness towards eco-friendly products. Shifting preference from synthetic based chemicals towards eco friendly products in construction industry to reduce green house emissions is likely to augment the market growth. Rapid industrialization and urbanization has fuelled the demand for tunnels, roads, bridges, water retention structures, warehouses and houses which in turn are expected to have positive impact on market for green concrete. Fluctuating crude oil prices, depletion of petroleum reserves in Middle East coupled with is likely to fuel the market growth. Reduced utility consumption for the production of green concrete is likely to be a potential factor to drive the market.
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Green concrete is referred as the concrete consisting of material as a partial or complete replacement for concrete or coarse aggregates. The material applied for substitution of conventional concrete products can be residue obtained in the manufacturing process. Incorporation of green concrete allows reduction in green house emission gases along with reduced consumption of natural resources such as clay, shale, natural river sand, limestone, and natural rocks in construction industry.
Coal fired power plants produce fly ash as a by-product which can be incorporated as a replacement to natural concrete for construction. Fly ash has certain benefits which include better strength, durability and reduction in permeability and thus in turn induces less occurrences of premature failure.
Governments of the U.S. and European Union countries are taking initiatives to promote application of recyclable material for construction. The implementation of recycle program by U.S. government in Michigan State for contractors and their unused products for growing piles of unused concrete, gravel, pea stone, and granite to hundred feets and later crushing to provide sub base for driveways and roads. This program is helping save disposal costs to contractors and in turn is expected to be incorporated for the application in concrete mixture.
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View summary of this report : https://www.grandviewresearch.com/industry-analysis/green-concrete-market/request-toc
Green concrete is referred as the concrete consisting of material as a partial or complete replacement for concrete or coarse aggregates. The material applied for substitution of conventional concrete products can be residue obtained in the manufacturing process. Incorporation of green concrete allows reduction in green house emission gases along with reduced consumption of natural resources such as clay, shale, natural river sand, limestone, and natural rocks in construction industry.
Coal fired power plants produce fly ash as a by-product which can be incorporated as a replacement to natural concrete for construction. Fly ash has certain benefits which include better strength, durability and reduction in permeability and thus in turn induces less occurrences of premature failure.
Governments of the U.S. and European Union countries are taking initiatives to promote application of recyclable material for construction. The implementation of recycle program by U.S. government in Michigan State for contractors and their unused products for growing piles of unused concrete, gravel, pea stone, and granite to hundred feets and later crushing to provide sub base for driveways and roads. This program is helping save disposal costs to contractors and in turn is expected to be incorporated for the application in concrete mixture.
Get Free Sample Report : https://www.grandviewresearch.com/industry-analysis/green-concrete-market/request-toc
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