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The ‘Global White Cement Market Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global white cement market price, assessing the market on the basis of its segments like types, applications, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 5.0%
White Cement Industry Definition and Major Segments
White cement is defined as a type of cement which is made up of raw materials containing low levels of iron compounds which give out grey colour. This cement gives unique, bright, and clean colour to a structure and is widely applicable in the industrial and commercial buildings. Based on type, the market can be bifurcated into:- White Portland Cement
- White Masonry Cement
- Others
- Residential
- Commercial
- Infrastructure
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
White Cement Market Trends
The key trends in the global white cement market include the growing mergers and acquisitions by the major market players aimed towards expanding their presence. UltraTech, a prominent cement manufacturer based in India, announced an investment of USD 101.10 million to gain an equity stake for white cement and construction materials in RAK Cement, a leading cement company based in UAE. The robust growth of offices and public administration buildings across the tier-1 cities of the emerging economies is another crucial trend in the market. White cement is ideal for bolstering the aesthetic appeal of skyscrapers and multi-storied buildings, which is further escalating its application in urban development construction projects. The increase in renovation of museums and traditional architecture of countries with rich heritage is another key trend in the white cement market. Meanwhile, the growing efforts by the major cement manufacturing companies aimed towards ramping up their production capacity are likely to be the major market bolstering trends. For instance, UltraTech, in January 2022, announced an investment to double its production capacity of white cement. Furthermore, robust growth of schools, colleges, and healthcare units are likely to lead to a greater deployment of white cement.Key Market Players
The major players in the white cement market report are:- Cementir Holding N.V.
- Cementos Molins, S.A.
- Buzzi Unicem SpA
- Ultratech Cement Ltd.
- JK Cement Ltd.
- Çimsa Çimento Sanayi ve Ticaret A.S.
- Federal White Cement
- Others