The global white cement market size is expected to grow from $5.87 billion in 2021 to $6.43 billion in 2022 at a compound annual growth rate (CAGR) of 9.5%. The growth in the white cement market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The white cement market is expected to reach $7.98 billion in 2026 at a CAGR of 5.6%.
What is the Global White Cement Market?
The white cement market consists of sales of white cement by entities (organizations, sole traders, and partnerships) that produce concrete that is perfectly colored and consistent throughout. White cement is a Portland cement prepared from raw materials that are low in iron compounds, which give traditional Portland cement its grey color.
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What drives the Global White Cement Market?
Rising residential construction projects are contributing to the growth of the white cement market. According to the Global Construction 2030 report published by Oxford Economics, the volume of construction output will be growing by nearly 85% to $15.5 trillion worldwide by 2030, three countries China, the US, and India are leading the way. White Portland cement is mixed with white aggregates to make white concrete, which is utilized for luxurious construction projects and decorative work. Thus, the increasing residential construction activity is expected to increase demand for white cement. For instance, according to the National House Building Council (NHBC), roughly 1.4 million new homes are expected to be built in the UK by 2029. Therefore, the rising residential construction projects are expected to fuel the growth of the white cement market going forward.
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Global White Cement Market Segments
The global white cement market is segmented:
By Type: White Portland Cement, White Masonry Cement, White PLC Cement, Others
By Grade: Type I, Type III, Others
By End Use: Residential, Commercial, Industrial
By Geography: The regions covered in the white cement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global white cement market.
White Cement Global Market Report 2022provides market size and growth forecasts for the global white cement market, global white cement market share, white cement market segments and geographies, white cement market competitive landscape including leading competitors’ revenues, profiles and market shares. The white cement market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global White Cement Industry Playersinclude Adana Cimento Sanayi T.A.S, Cementir Holding SPA, Cementos Portland Valderrivas S.A, Cemex S.A.B De C.V, Cimsa Cement Industry and Trade Inc, Federal White Cement Ltd., JK Cement Ltd, Royal White Cement Inc, Saveh Cement Company, Société Tuniso-Andalouse de Ciment Blanc S.A., Ultratech Cement Ltd, Ras Al-Khaimah (RAK) Company, Adana Cimento Sanayii T.A.S, Sinai White Portland Cement Co, Neyriz White Cement Company, Buzzi Unicem SpA, Shargh White, and Italcementi. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
