White Cement Market Share, Trends, Growth, Industry Report, Demand and Forecast Till 2024

Global White Cement Market Research Report and Forecast 2024

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Report Description

Global White Cement Market Overview: According to a new research report by IMARC Group, titled “White Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, the global white cement market reached a value of more than US$ 5 Billion in 2018, registering a CAGR of 4.4% during 2011-2018.

White cement is a hydraulic binder made with China clay and chalk or limestone in a high-temperature process. It is characterized by a fine texture and distinct white color which can depend upon the manufacturing process and the quality of raw materials (manganese oxide and iron oxide) used in its production. White cement forms a paste when combined with water which then sets and hardens. It is highly durable, requires low maintenance and provides an aesthetic look, owing to which white cement is widely used in the construction industry across the globe.

White Cement Market Trends The rising trend of migration from rural to urban areas has led to a shortage of urban housing in both the developed and developing countries. Moreover, the increasing number of nuclear families, inflating income levels and changing lifestyles have propelled the demand for modern houses which has provided thrust to the white cement market.

Report Description and Highlights

157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

Report Description

180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Further, upcoming global events like the FIFA World Cup 2022 in Qatar and Dubai Expo 2020 are escalating the consumption of white cement in the Middle East. By 2024, the market is projected to reach a value of around US$ 7 Billion, growing at a CAGR of 5.2% during 2019-2024.

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Report Description

Additionally, the rising construction of public infrastructure including roads, flyovers, airports, railway stations and shopping complexes across emerging economies is contributing to the sales of white cement. Apart from this, a significant rise in the tourism industry has also led to an increase in the construction of hotels, resorts and villas worldwide.

Key Market Segmentation: Market Segmentation by Application • • •

Residential Commercial Infrastructure

On the basis of applications, the market has been divided into the residential, commercial and infrastructure sectors. Amongst these, the commercial sector represents the largest application area, accounting for the majority of the total market share.

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Report Description Market Segmentation by Type • • •

White Portland Cement White Masonry Cement Others

Based on product types, the market has been segregated into white Portland cement, white masonry cement and others. Currently, white Portland cement represents the most popular product type.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

On a geographical front, Asia Pacific exhibits a clear dominance in the market, holding the biggest share. Other major regions include Europe, Latin America, North America, and Middle East and Africa.

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Report Description Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • •

Cementir Holding Birla White (Ultra Tech) JK Cement Cemex Cimsa Cimento Sotacib Ras Al-Khaimah Co. Federal White Cement Saveh White Cement Co

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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Report Description

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