High purchasing power of end users to boost global white cement market. Asia Pacific to lead the growth!

White Cement Market was estimated to be around 5 billion in 2020 and is anticipated to display a CAGR of around 4% over the forecast period (2021-2027). White cement and grey portland cement are similar to each other in terms of production process although, the raw materials differ significantly. However, some differences in the color, fineness, strength, and ease of use are also present. White cement has wide applications in construction industry such as flooring, tile grouting etc. Rapid rise in construction industry owing to globalization and changing lifestyle of people is driving the white cement market.

For instance, value of total construction by type of work in Great Britain rose to approximately 29% in 2019 taking 2014 as base year. However, a decline of nearly 25,000 USD Mn was observed in 2020 which was owing to pandemic which restricted people to cut short their expense to necessary goods.

In developing nations like India, Brazil, and Argentina population is migrating towards urban areas which is driving the growth of residential construction industry. Moreover, rising disposable income and changing lifestyle is increasing the need for decorative houses. This is leading to increase in demand of construction materials like white cement which is increasingly used for finishing the interior and exterior walls is fueling the growth of white cement market.

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Novel corona virus has negatively impacted the supply and demand of white cement by suspension of manufacturing units and border closure to stop the spread of virus. This led to delays in projects which further led to financial loss to constructors.

Based ontype, white cement market is divided into white portland cement, white masonry cement, and others. White portland cement has more compressive strength and more durable than white masonry cement. Owing to this, white cement has wide applications such as reflective floors, floor tiles and pavers, cast stone, terrazzo, tile grout, glass fiber reinforced concrete products, concrete countertops, concrete roof tiles, traffic calming and delineation, median barriers, bridge parapets, sound walls, retaining walls, tunnel construction, reflective concrete paving which allows it to hold a lucrative market share.

Based on application, white cement market in divided into architectural, flooring, tile grouting, and others. The design advantages of architectural precast concrete are enhanced by the extraordinary whiteness of white portland cements and by the excellent thermal properties, strength, noise reduction, low maintenance, moisture and fire-resistant properties inherent in precast construction. Versatile architectural precast concrete units may be used as loadbearing or nonloadbearing wall panels, as well as conventionally reinforced or prestressed structural members. Precast elements permit fast, efficient erection. Architectural precast panels are widely used globally for critical saving in both time, money, and decorative purposes. For instance, soaring 67 stories feet above Chicago’s prestigious North Michigan Avenue, Park Tower is one of the world’s tallest buildings to be clad with architectural precast concrete panels.

On the basis ofend user, white cement market is divided into residential and non-residential. Residential sector holds considerable market share which is mainly owing to higher purchasing power of end users. Moreover, non-residential sector is expected to grow reasonably due to increasing globalization.

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Additionally, the report provides detailed initiatives that are being taken in the field of white cement. The market is classified into distinct regions including North America, Europe, Asia Pacific, and the Rest of World. Rise in building & construction expenditures is driving the demand for white cement in residential and non-residential projects in China and India. In addition, the increasing urbanization makes way for increasing construction activities providing growth opportunity for the overall market. It increases the need of white cement products including facades tiles, trim boards especially in the countries such as India, Japan, and China. Further, growing infrastructure developments are fueling construction activities such as construction of roads, flyovers, railway stations and others. These factors are fostering the growth of the construction sector, and thereby, the consumption of white cement.

Global White Cement Market Segmentation

Market Insight, by Type

• White Portland Cement
• White Masonry Cement• Others

Market Insight, by Application

• Architectural
• Flooring• Tile Grouting• Others

Market Insight, by End User

• Residential
• Non-residential

Market Insight, by Region

• North America
• Europe
• Asia Pacific
• Rest of World

Top Company Profiles

• Cementir Holding SPA
• Cementos Portland Valderrivas S.A.
• Cemex S.A.B. DE C.V.
• Cimsa Cement Industry and Trade Inc.
• Dyckerhoff GmbH
• Federal White Cement
• JK Cement Ltd.
• Neyriz White Cement Company
• Saudi White Cement Co.
• Ultratech Cement Ltd.