Middle East Green Cement Market Seen Soaring 13.4% Growth to Reach USD 3,787.3 Million by 2030, Projects Univdatos Market Insights
- Vikas Kumar
- November 15, 2023
- BUILDING MATERIAL AND CONSTRUCTION, NEWS
- Middle East Green Cement, Middle East Green Cement Market, Middle East Green Cement Market analysis, Middle East Green Cement Market forecast, Middle East Green Cement Market growth, Middle East Green Cement Market share, Middle East Green Cement Market trends
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Key Highlights of the Report:
- The UAE government encourages the adoption of green building certification programs, such as LEED (Leadership in Energy and Environmental Design) and Estidama, which provide guidelines and standards for sustainable construction. These certifications reward buildings that use green cement and other eco-friendly materials, further promoting its usage.
- Several waste-to-energy plants have been developed in the Middle East to convert municipal solid waste into clean energy. For example, the United Arab Emirates (UAE) has built the Jebel Ali waste-to-energy plant, which can process around 1,825 tons of municipal solid waste per day.
- Dubai Municipality launched the “My City My Environment” initiative, which encourages residents to participate in composting organic waste at home, reducing the overall volume of waste sent to landfills.
- Qiddiyah City Development Project is a megaproject that focuses on entertainment and is currently under development in Al Qidiya, which is 45 km from Riyadh. The project occupies a total of 334 sq. km with a planned build-up area of 223 km. Qiddiyah City project has been divided into five development areas, such as a Resort Core, a City Centre, an Eco Core, a Motion Core, and a Golf and Residential Neighborhood.
- In 2022, Hoffmann Green Cement Technologies (HGCT) has signed a deal with Shurfah Group to build several Hoffman plants under a 22-year exclusive licensing agreement. A first ‘clinker-free’ cement plant will be built in 2024.
According to a new report by Univdatos Market Insights, Middle East Green Cement Market is expected to reach USD 3,787.3 Million in 2030 by growing at a CAGR of 13.4%. Green cement, also known as environmentally friendly cement or low-carbon cement, is a type of cement that is produced using alternative materials or processes that reduce its environmental impact. Traditional cement production is a major contributor to greenhouse gas emissions, particularly carbon dioxide (CO2) emissions. The Middle East green cement market is experiencing significant growth due to increasing environmental concerns and sustainable construction practices. Green cement, also known as environmentally friendly cement, is a type of cement that emits fewer greenhouse gases and consumes less energy during its production compared to traditional cement. One of the primary drivers behind the growth of the green cement market in the Middle East is the rise in infrastructure development in the region. Countries such as the United Arab Emirates, Saudi Arabia, Qatar, and Kuwait are investing heavily in large-scale infrastructure projects, including airports, stadiums, and residential complexes. Another key driver for the green cement market in the Middle East is the strict regulations and sustainability targets set by governments in the region. Governments are actively promoting sustainable construction practices and encouraging the use of environmentally friendly materials. For example, Dubai’s Green Building Regulations require the use of green cement in all construction projects.
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The report suggests the growing adoption of green cement over traditional cement in the Middle East region is one of the driving factors contributing to the market growth. Some of the ways in which this impact has been felt include:
Apart from this, in recent years, several governments in the Middle East region have implemented policies and provided funding support to enhance the growth of the green cement industry. Some examples include:
- The United Arab Emirates (UAE): The UAE government has implemented several policies to promote the green cement industry. For instance, the government has established the Green Building Regulations and Specifications to encourage the use of sustainable construction materials, including green cement. The UAE has also provided financial support through funding programs and incentives to encourage companies to switch to greener cement production.
- Qatar: The government of Qatar has launched the Qatar National Vision 2030, which emphasizes sustainable development and environmental protection. As part of this vision, the government has implemented policies to support the green cement industry. For example, Qatar has established guidelines for sustainable construction and promotes the use of eco-friendly building materials, including green cement. Additionally, the government offers funding opportunities and incentives to encourage the adoption of green cement technologies.
- Saudi Arabia: The Saudi Arabian government has recognized the importance of reducing carbon emissions in the construction sector. In line with this, they have implemented various initiatives to support the growth of the green cement industry. For instance, the Saudi Arabian government has provided funding for research and development in sustainable cement production technologies. They have also introduced regulations and standards that encourage the use of environmentally friendly construction materials, such as green cement.
- Jordan: The Jordanian government has been actively promoting sustainable construction practices, including the use of green cement. They have introduced policies that favor the adoption of green building materials, including cement, in public infrastructure projects. The government provides financial incentives and grants to support the production and utilization of green cement, aiming to reduce the environmental impact of the construction sector.
Rising Trend of Energy Efficiency and Waste Utilization
In the Middle East, the focus on energy efficiency and waste utilization in the cement industry has been growing rapidly in recent years. The region has recognized the need to reduce its carbon footprint and find sustainable solutions to its construction and infrastructure development needs. The region generates significant quantities of industrial waste, such as fly ash from power plants and slag from steel production. Green cement manufacturers can utilize these waste materials as partial replacements for traditional raw materials, reducing the need for extraction and disposal. This waste utilization not only helps to conserve natural resources but also minimizes the negative environmental impact of waste disposal. The Middle East has witnessed the establishment of several green cement plants that focus on energy efficiency and waste utilization. For example, the United Arab Emirates’ Union Cement Company has invested in advanced technologies to produce low-carbon cement using various alternative materials. Additionally, Saudi Arabia’s Riyadh Cement Company has implemented waste heat recovery systems to maximize energy efficiency. Furthermore, government initiatives in the Middle East are promoting the adoption of green cement in the construction sector. Countries like the UAE, Saudi Arabia, and Qatar have set targets to reduce carbon emissions and increase the use of sustainable construction materials. These initiatives include introducing stricter environmental regulations, providing incentives for green building certifications, and supporting research and development in the cement industry.
Conclusion
As the Middle East region continues its remarkable development and construction growth, the shift towards green cement represents a significant step towards sustainable and eco-friendly practices. Through regional initiatives, innovation in production technology, and the rise of green cement manufacturers, the Middle East is poised to become a role model in sustainable construction. This transition not only enhances the region’s environmental stewardship but also fosters economic growth and resilience in the face of global challenges.
Key Offerings of the Report
Market Size, Trends, & Forecast by Revenue | 2023−2030
Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation – A detailed analysis by Product Type and Application
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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