Global White Cement Market to Reach US$ 8,291.6 Million by 2032, Impelled by Increasing Demand for Urban Housing

June 26, 2020 | Chemical & Materials

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According to the latest report by IMARC Group, titled "White Cement Market Report by Type (White Portland Cement, White Masonry Cement, and Others), Application (Residential, Commercial, Infrastructure), and Region 2024-2032," the global white cement market reached a value of US$ 5,814.0 Million in 2023. White cement refers to a hydraulic binder that is widely used as a construction material. It is manufactured with the use of China clay and chalk or limestone in a high-temperature process. It has a distinct white color, which is defined by the quality of the raw materials used and the manufacturing process. White cement is characterized by a fine texture, excellent durability and enhanced quality while requiring low maintenance and providing an aesthetic look. It is consequently used for the construction of designer roofs and floorings, transportation projects, terrazzo floorings, precast cladding panels, and archaeological site restorations.

Global White Cement Market Trends:

The global market is primarily driven by expanding residential construction due to the increasing need for housing complexes. This can be attributed to the steady migration of individuals from rural to urban areas. The market is further driven by constant infrastructural developments across the globe. The growing construction of roads, flyovers, airports and shopping malls has created an increasing demand for white cement for offering an aesthetic look to the structures. This is further facilitated by the increasing government spending on the expansion and beautification of public infrastructures. Moreover, the constant advancements in surface treatments and admixtures of white cement have expanded its applications, which is expected to create a positive outlook for the market. Other factors, such as the increasing utilization of white cement in transportation projects, are driving the market further. On account of the aforementioned factors, the market is projected to reach a value of US$ 8,291.6 Million by 2032, growing at a CAGR of 3.9% during 2024-2032.

Market Summary:

On the basis of the type, the market has been classified into white Portland cement, white masonry cement and others. Among these, white portland cement represents the most popular product type.
Based on the application, the market has been divided into the residential, commercial and infrastructure sectors, wherein the residential sector accounts for the majority of the total market share.
On the geographical front, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) holds the leading position in the market. Some of the other regions include Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), North America (the United States and Canada), and Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Cementir Holding N.V., Aditya Birla (UltraTech Cement Limited), JK Cement Ltd, CEMEX, Sotacib, Ras Al Khaimah Cement Company, Federal White Cement and Saveh Cement Company.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million, Million Tons
Segment Coverage	Type, Application, Region
Region Covered	Asia-Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	China, Japan, India, South Korea, Australia, Indonesia, Germany, France, United Kingdom, Italy, Spain, United States, Canada, Russia, Brazil, Mexico
Companies Covered	Cementir Holding N.V., Aditya Birla (UltraTech Cement Limited), JK Cement Ltd, CEMEX, Sotacib, Ras Al Khaimah Cement Company, Federal White Cement and Saveh Cement Company
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global White Cement Market to Reach US$ 8,291.6 Million by 2032, Impelled by Increasing Demand for Urban Housing

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