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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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