White Cement Market by Type, by Application, by End Use - Global Opportunity Analysis and Industry Forecast, 2021 - 2030

Market Definition and Dynamics:

White Cement Market was valued at USD 7.80 billion in 2020 and is predicted to reach USD 14.02 billion by 2030 with a CAGR of 6.04% from 2021-2030. White cement is used to prepare various pastels and bright colour concretes, which are then used in various prestige construction projects and other decorative works. It is prepared using raw materials such as copper, iron, manganese, nickel and titanium, which gives it a high degree of whiteness. Due to its high blending capacity and colour consistency, white cement is a preferred choice for making sculptures, monuments, cathedral, and hotels. White cement is also used for setting marble tiles, sheathing the uneven surface of walls and floors. The increasing demand of housing development due to surging population as well as rising migration in urban areas has resulted into growing consumption of white cements. However, availability of low-cost substitutes such as tiles and plastics hampers the growth of the white cement market.

Market Segmentations and Scope of the Study:

The global white cement market is segmented on the basis of type, end use and geography. On the basis of type, the market is divided into white Portland cement, white masonry cement and others. On the basis of end use, it is categorized into residential, commercial and industrial. Based on geography the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Geographical Analysis:

Asia Pacific holds the lion share of the global white cement market. This is attributed to factors such as rising number of housing and commercial projects, growing population and rapid urbanization in this region. On the other hand, North America is also expected to witness steady market growth during the forecast period due to increasing number of building renovation and restoration activities in this region.

Competitive Landscape:

According to the report, the key players of the market are Cementir Holding SPA, Çimsa Cement Industry and Trade Inc., JK Cement Ltd, The Cementos Portland Valderrivas, Birla White (Ultratech), Federal White Cement, Saveh White Cement Co., Adana Cement, and Saudi White Cement Co. The other key players include Lafargeholcim, Secil, Dyckerhoff, Royal El Minya Cement, Fars & Khuzestan Cement Co., Scg, Italcementi, Rakwhitecement.Ae, Union Cement Company, Royal White Cement, and Neyeariz White Cement Company.

KEY MARKET SEGMENTS:

White Cement Market- By Type

• White Portland cement
• White masonry cement
• Others

White Cement Market- By End user

• Residential
• Commercial
• Industrial

White Cement Market- By Geography

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• France
• Germany
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Pakistan
• Rest of Asia-Pacific
• Latin America
• Brazil
• Remaining Countries
• MEA
• Turkey
• UAE
• Saudi Arabia
• Iran
• South Africa
• Remaining Countries