White Cement Market by Type (White Portland Cement, White Masonry Cement, and Others) and by End Use (Residential, Commercial, and Industrial) - Global Opportunity Analysis and Industry Forecast, 2017-2023
The global white cement market was valued at $6,569 million in 2016, and is expected to reach $8,305 million by 2023, registering a CAGR of 3.4% from 2017 to 2023. White cement is a construction material, which exhibits aesthetic and hydraulic binding properties.
This cement is often deployed along with pigments to impart attractive color to the concretes and mortars, which is not feasible with ordinary gray cement.
The color of white cement is determined by its raw materials, such as iron and manganese, used during the production process.
White cement is OPC—clinker using fuel oil (instead of coal) with an iron oxide content below 0.4 per cent to ensure whiteness. A special cooling technique is used in its production.
It is used to enhance aesthetic value in tiles and flooring Hence, white cement serves as a key ingredient in the production of architectural and decorative concrete that finds applications in terrazzo tiles, paints, pavers, and pre-fabricated products such as artificial walls and tile adhesives.
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The growth of the global white cement market is driven by increase in demand for white cement in countries with hot climates, owing to its heat reflecting properties. In addition, rise in usage of white cement in construction of designer buildings and future landmarks fuels the market growth.
Moreover, white cement finds extensive applications in the developing economies such as India and China, owing to high purchasing power, increase in per capita GDP, and rise in expenditure by the governments. However, lowered strength of white cement in comparison with other cements and its higher costs restrain the market.
The global white cement market is segmented based on type, end use, and geography. On the basis of type, it is classified into white Portland cement, white masonry cement, and others.
On the basis of end use, it is divided into residential, commercial, and industrial. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the key players in the global market include
- Cementir Holding
- JK Cement
- Birla White
- Federal White Cement
- Saveh White Cement Co
- Cementos Portland Valderrivas
- SOTACIB (65% Cementos Molins)
- Ras Al-Khaimah Company
- Cimsa Cimento
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KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current trends and estimations from 2017 to 2023 of the global white cement market to identify the prevailing market opportunities.
- Major countries in each region are mapped according to individual market revenue.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- An in-depth analysis of current research & clinical developments within the market is provided.
- Key players and their key developments in the recent years are listed.
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