The global white cement market reached a value of US$ 5.55 Billion in 2020. White cement refers to a construction material which provides excellent durability along with aestheticism. The colour of white cement depends on the quality of the raw materials (iron oxide and manganese oxide) and the manufacturing process. White cement-based plasters are employed for covering swimming pools and facades as they provide uniformity unlike grey cement. Due to its whiteness, brightness, aesthetic appeal, strength and quality, white cement finds several industrial applications. It is used in designer roof and flooring, terrazzo flooring, pre-cast cladding panels as well as transportation projects. Moreover, the ability of white concrete to be cast in any shape makes it ideal for sculptures, monuments and restoration of archaeological sites. Looking forward, IMARC Group expects the global white cement market to exhibit moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global white cement market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, type, and application.
Breakup by Type:
On the basis of type, white portland cement represents the most popular product type, closely followed by white masonry cement and others. White portland cement has a high degree of whiteness which can be modified by adding mineral oxide pigments to concrete. It is ideal for applications such as precast curtain walls, facing panels, stucco, terrazzo surface, cement paint, and white/coloured concrete and mortar.
Breakup by Application:
Based on application, the market has been segregated into commercial, residential and infrastructural sectors. Amongst these, the commercial sector accounts for more than a half of the total market. As white cement reduces the requirement of excessive lighting due to its reflective property, it is used for flooring applications in commercial buildings such as malls, schools, offices, etc.
On a geographical front, Asia Pacific enjoys the leading position in the global white cement market on account of expanding construction activities in the region resulting from mounting disposable incomes, population growth and rapid urbanization. Asia Pacific is followed by the Middle East and Africa, Europe, North America, and Latin America.
On the global level, the white cement market is highly fragmented with a large number of players operating in the market, however, the market is concentrated at the regional level. Some of the leading players include:
This report provides a deep insight into the global white cement industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a white cement manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the white cement industry in any manner.
The global white cement market reached a value of US$ 5.55 Billion in 2020.
According to the estimates by IMARC Group, the global white cement market is expected to exhibit moderate growth during the next five years.
The market is primarily driven by expanding construction activities in the residential sector to cater to the increasing need for housing complexes. This can be attributed to the steady migration of individuals from rural to urban areas.
Constant advancements in surface treatments and admixtures of white cement have increased its applications worldwide. This, in confluence with the increasing utilization of white cement in transportation projects, represents one of the significant trends in the global white cement market.
Due to the sudden outbreak of the coronavirus disease (COVID-19) and lockdowns imposed by governments of numerous countries to prevent the spread of the pandemic, the manufacturing of cement has come to a temporary halt. This, along with disruptions in the supply chain, has negatively impacted the growth of the market.
On the basis of the type, the market has been segmented into white Portland, white masonry and other cement.
Based on the application, the market has been segregated into the residential, commercial and infrastructure sectors.
On the geographical front, the market has been classified into Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others); North America (the United States and Canada); Latin America (Brazil, Mexico and others); and Middle East and Africa.
Leading industry players are Cementir Holdings N.V., Birla White (UltraTech Cement Ltd.), JK Cement Ltd., CEMEX S.A.B. de C.V., Cimsa Cimento Sanayi ve Ticaret AS, Societe Tuniso-Andalouse de Ciment Blanc S.A., Ras Al-Khaimah Co., Federal White Cement Ltd. and Saveh White Cement Co.
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