Government Incentives and Mandates Drive the Market for Green Concrete

Green concrete is an eco-friendly concrete, characterized by its low environmental impact in terms of energy consumption and emission of carbon dioxide (CO2) and waste water in its manufacturing process. Green concrete also refers to concrete which is designed to provide sustainable structures with long life and low maintenance.

Green concrete is made from recycled waste products such as rice husk ash, saw dust, foundry sand, combustor ash, burnt clay, red mud, incinerator residue, waste glass, quarrying waste, power plant wastes, slag and other eco-friendly concrete wastes.

Key factors driving demand for green concrete include growing awareness over the role played by buildings in CO2 emissions, rise in the number of institutional and commercial green building projects, rising energy prices and ensuing focus on achieving energy efficiency in buildings, stringent environmental and government regulations that mandate construction of green buildings and government incentives offered such as tax benefits, among others.

The trend report titled “Green Concrete” announced by Global Industry Analysts Inc., is a focused research paper which provides cursory insights into the product, its applications, regulatory overview, future prospects, and corporate initiatives of key companies worldwide. The report also provides market estimates and projections for Green Concrete in the United States in US dollars for years 2010 through 2018. Also covered are companies such as Enercon Empowering Environment, and Green Concrete Products, among others.

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