White Cement Market Demand, Competitive Landscape, Supply and Business Outlook
Posted by Vedika on April 4th, 2021
The Global White Cement Market size is estimated to be USD 17.08 billion in 2019 and is predicted to reach USD 1139.47 billion by 2030 with a CAGR of 46.5 % from 2020-2030.
White Cement is quite similar to grey portland cement but differs in characteristics, color, strength and its ease to use. The difference in color is due to the difference in manufacturing process and white cement is costly as compared to grey cement and it is mostly used for the decoration purpose in the constructed buildings.
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Top Companies: Cementir Holding, JK Cement, Federal White Cement, Çimsa Çimento, Cementos Portland Valderrivas, Aditya Birla Group, Cemex, Ras Al Khaimah Co., Sotacib and others.
The global white cement market share is analyzed on the basis of type, application, end use, and geography. On the basis of type, the market is segmented into White Portland cement, White Masonry Cement, and Others. On the basis of application, the market is divided into Construction Decoration, Pre-case Concrete Elements, Floorings, and Adhesive. On the basis of end use, the market is fragmented into residential, commercial, and industrial. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
North America is expected to anticipate the largest market share owing to the increased demand of advanced infrastructure coupled with increased demand of decoration and aesthetics on a large scale. Moreover, presence of advanced technology is further expected to promote the market growth. Asia Pacific is expected to develop rapidly over the forecast period owing to the increase in residential construction coupled with wide application and increased in disposable income of people. Other factors such as increased demand of interiors and ease to use are further expected to fuel the growth of white cement market.
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About the AuthorVedika
Joined: November 28th, 2020
Articles Posted: 128
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