Global Negative CO2 Cement Market:Overview
Companies are developing negative CO2 cement for using it invarious raw materials, due to their less energy consumption. Rather than usinglimestone (CaCO3), many companies depend upon magnesium silicates (MgO3Si),which come from serpentine, olivine, and talc. Essentially, magnesium silicateshave no carbon lodged in them. This will result no carbon emissions when theyare heated. Another advantage of using MgO3Si as a source material instead ofCaCO3 that to produce cement MgO3Si needs to heat up to half thetemperature of CaCO3. A lower temperature indicates that the amount of fossilfuels is reduced for the process to work efficiently. Also this indicated thatthere is a lesser carbon emissions.
One more added factor in process of making cement that it’s notonly being less harmful (emission-wise) but it’s also carbon negative. To makeevery component harden into cement, magnesium carbonates is added,MgCO3 are formed by combining CO2 and other components. Even thoughit's a bit complex, but the fact is adding CO2 to the cement and if lateremitted into the atmosphere it will be carbon negative. Therefore, it’sbelieved that in each ton of cement could soak up one-tenth of a ton of CO2.
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The research report by Transparency Market Research (TMR) goalsto educate on the rapid projections and growth of the global negative CO2cement market in detail. The research report also focusses on competitivelandscape of the market by factoring in weaknesses and strong point of leadingentrants.
GlobalNegative CO2 Cement Market: Drivers & Restraints
Using negative CO2 cement in buildings improves theeffectiveness of materials. These materials are capable to store atmospheric Cin the fabric of the building. Negative CO2 also reduces the use of energyfossil fuel in the process of construction. Negative CO2 cements reducesthe emissions of the greenhouse gases during their life cycle. The negativeCO2 cement makes the constructed structure weather-resistant,low-maintenance, airtight, durable, and resilient. Negative CO2 cementalso includes a large amount of insulation. These all factors are accountablefor the augmented global use of negative CO2 cement.
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However, it’s endorsing an idea where fact and figures areunknown 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 globalnegative CO2 cement market.
Global Negative CO2 Cement Market:Geographical Outlook
Significant growth for global negative CO2 cement marketis led by North America. Rapid industrialization, urbanization, and increasinghealth concern are expected to grow and boost the global market significantly.This region is projected to register the highest CAGR during the coming yearsdue to the presence of large number of buildings. Also, Europe is expected toaccount for the largest share of the market. All though account of thecompetitive dynamics of the global negative CO2 cement market is also includedin the report.
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Global Negative CO2 Cement Market: CompetitiveLandscape
The global Negative CO2 Cement market is highly competitive andfragmented, and the leading market players have used various strategies such asnew product launches, expansions, agreements, joint ventures, partnerships,acquisitions, and others to increase their strong hold in this market. Some ofthe prominent companies in the global negative CO2 cement market include EmcCement Co., Geopolymer Solutions, IronKast Technologies, Reco Cement Products,and Solidia Technologies and Zeobond.
This study by TMR is all-encompassing framework of the dynamicsof the market. It mainly comprises critical assessment of consumers' orcustomers' journeys, current and emerging avenues, and strategic framework toenable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS thatoffers detailed visualization of four elements:
· Customer ExperienceMaps
· Insights and Tools based on data-drivenresearch
· Actionable Resultsto meet all the business priorities
· Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growthprospects, untapped avenues, factors shaping their revenue potential, anddemand and consumption patterns in the global market by breaking it intoregion-wise assessment.
The following regional segments are covered comprehensively:
· North America
· Asia Pacific
· Europe
· Latin America
· The Middle East andAfrica
