Global management consulting firm McKinsey & Company projects that circular models for the production and reuse of concrete and cement could become a €110 billion industry by 2050, mitigating up to two billion tons of CO₂ emissions and decarbonizing up to 80% of total cement and concrete emissions.
The increase in net value will largely be driven by carbon, capture, storage and usage from the production of cement and concrete, as well as the reuse of energy from waste material and the recirculation of materials and minerals across the built environment. Additional drivers of circular technology adoption include rising CO₂ costs, landfill costs and decarbonization subsidies.
