Growing Construction Industry in Emerging Economies
Continuously expanding construction activities in emerging economies in Asia-Pacific and the Middle East is driving the market for white cement globally. The construction market in India is growing almost twice as fast as China, and it is expected to grow at this pace till 2030, providing a new engine of global growth in emerging construction markets, which in turn will escalate the demand in the global white cement market. Southeast Asia, with a construction market volume of well over USD 250 billion in 2017, has also become one of the most attractive target markets for the global white cement market. Similarly in the Middle East, infrastructural construction due to major events, like Dubai Expo 2020 and FIFA World Cup 2022 in Qatar, continued to drive the sector’s growth and cement consumption increased as a consequence.
White Portland Cement Segment to Dominate the Market
As of 2017, White Portland cement has the largest market share in the global white cement market. White Portland cement is often used to provide architectural finishes, such as exposed aggregate and colored concrete. This cement is generally confined to architectural applications, as it tends to be significantly more expensive than ordinary Portland cement.
Asia-Pacific to Dominate the Market Growth
The Asia-Pacific construction sector is the largest in the world, and it is increasing at a healthy rate, due to the rapid industrialization of India, China, Japan, and Australia. Asia-Pacific is even anticipated to exhibit highest market growth during the forecast period, due to the presence of India, which is the second largest market for white cement with emerging infrastructure growth.
Key Developments in the Market
February 2018: Cemex Inc. agreed to acquire an additional 12.25% stake in Lehigh White Cement Company for USD 34 million.
Major Players: Cementir Holding SpA, Cimsa Cimento Sanayi ve Ticaret AS, JKCL, Cemex SAB de CV, Cementos Molins SA, Rak White Cement, and Aditya Birla Management Corporation Pvt. Ltd, amongst others.
Reasons to Purchase this Report
Identify the current and future prospects of the global white cement market in the developed and emerging markets
Analyze various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
The region that is expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
This report can be customized to meet your requirements.
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Growing Construction Industry in Emerging Economies
4.1.2 Superior Characteristics compared to Grey Cement
4.2.1 High Production Cost
4.2.2 Unsuitability for Heavy Construction Projects, like Bridges and Buildings
4.3.1 Growing Focus on Innovation, Artistic, and Aesthetic Sense in Architecture
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Application
5.2 By Product Type
5.2.1 White Portland Cement
5.2.2 White Masonry Cement
5.2.3 White PLC Cement
6. Regional Analysis (Market Size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 ASEAN Countries
6.1.6 Rest of Asia-Pacific
6.2.2 United Kingdom
6.2.5 Nordic Countries
6.2.6 Rest of Europe
6.3 North America
6.3.1 United States
6.3.4 Rest of North America
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.1 Aditya Birla Management Corporation Pvt. Ltd
9.2 Boral, Cementos Portland Valderrivas
9.3 CBR Heidelberg Cement
9.4 Cementir Holding SpA
9.5 Cementos Molins SA
9.6 Cementos Portland Valderrivas
9.7 Cementos TudelaVeguin
9.8 Cemex S.A.B. de C.V
9.9 Cimsa Cimento Sanayi ve Ticaret AS
9.10 Federal White Cement
9.11 Ghadir Investment
9.13 Italcementi Heidelberg Cement Group
9.15 Kuwait Cement Company
9.17 OYAK Cimento
9.18 Rak White Cement
9.19 Royal El Minya Cement Co.
9.20 Saudi White Cement
9.21 Saveh White Cement Co.
9.23 Shargh White Portland Cement Co.
9.24 Union Corp.
*List Not Exhaustive
**Subject to availability on public domain
- Aditya Birla Management Corporation Pvt. Ltd.
- Cementos Portland Valderrivas
- CBR Heidelberg Cement
- Cementir Holding S.p.A
- Cementos Molins SA
- Cementos Portland Valderrivas
- Cementos TudelaVeguin
- Cemex S.A.B. de C.V
- Cimsa Cimento Sanayi ve Ticaret A.S.
- Federal White Cement
- Ghadir Investment
- Italcementi Heidelberg Cement Group
- Kuwait Cement Company
- OYAK Cimento
- Rak White Cement
- Royal El Minya Cement Co
- Saudi White Cement
- Saveh White Cement Co
- Shargh White Portland Cement Co.
- Union Corp.