Press release
Embodied Carbon Market Size, Navigating Growth Opportunities and Forecasted Outlook from 2024-2032
Embodied Carbon Market
The Embodied Carbon Market is witnessing significant growth globally, driven by the increasing awareness of the environmental impact of construction materials and practices. With a focus on reducing carbon emissions across all industries, the construction sector has emerged as a crucial player due to its significant contribution to global emissions. Embodied carbon refers to the total greenhouse gas emissions associated with the production, transportation, and construction of building materials. As governments and organizations worldwide intensify efforts to combat climate change, the demand for solutions to mitigate embodied carbon in construction is on the rise.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Embodied Carbon Market :
Several factors are fueling the growth of the Embodied Carbon Market. Government regulations mandating the measurement and reduction of carbon emissions in construction projects are playing a pivotal role in driving adoption. Additionally, growing consumer awareness and preferences for sustainable and eco-friendly buildings are influencing developers and builders to prioritize low-carbon materials and construction methods. Moreover, advancements in technology and materials science are enabling the development of innovative solutions to reduce embodied carbon while maintaining structural integrity and performance standards.
Restraints Impacting the Embodied Carbon Market :
Despite the promising growth prospects, the Embodied Carbon Market faces certain restraints and challenges. One significant challenge is the higher cost associated with low-carbon materials and construction techniques compared to conventional alternatives. This cost barrier can deter widespread adoption, especially in markets where budget constraints are a concern. Additionally, the lack of standardized measurement methodologies and regulations across regions poses a challenge for stakeholders in assessing and comparing embodied carbon levels accurately. Addressing these challenges will be crucial for the market to realize its full potential.
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The report also discusses the key players involved in the market such as:
CarbonCure Technologies Inc., Solidia, HOLCIM, Heidelberg Materials., CEMEX, S.A.B. de C.V., Knauf Digital GmbH, ROCKWOOL A/S, Kingspan Group, MITSUBISHI MATERIALS Corporation
The report provides a thorough estimation of the overall impact of the pandemic on the Embodied Carbon Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Embodied Carbon Market
Embodied Carbon Latest Industry News
On 6 January 2023, the debut of ACC ECOMaxX in Mumbai and other cities provided a new dimension to the building materials sector for ACC Limited, the cement and building material company of Adani Cement and a member of the Adani Group. With a 30-100% lower embodied carbon content than a reference concrete produced with OPC, ACC ECOMaxX offers the industry's widest selection of green concrete alternatives. The products are created utilizing a Special Green Ready Mix Technology, which maximizes the environmental benefits by cutting CO2 emissions by up to 100%. The cutting-edge product line is produced with an optimized mix design and CO2-reduced binders to improve finish and durability.
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Embodied Carbon Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global embodied carbon market on the basis of industry, product type, company size, end-use, and region:
Industry Outlook (Revenue in USD Billion & Volume in Thousand Units; 2019-2032)
Building and Construction
Transportation
Manufacturing
Energy
Product Type Outlook (Revenue in USD Billion & Volume in Thousand Units; 2019-2032)
Building materials
Vehicles
Consumer goods
Industrial products
Company Size Outlook (Revenue in USD Billion & Volume in Thousand Units; 2019-2032)
Large enterprises
Small and medium-sized enterprises (SMEs)
End-Use Outlook (Revenue in USD Billion & Volume in Thousand Units; 2019-2032)
Government agencies
Businesses
Consumers
Regional Outlook (Revenue in USD Billion & Volume in Thousand Units; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/embodied-carbon-market
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