White Cement Market

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White Cement Market by Type (White Portland cement, White Masonry Cement, and Others), by Application (Construction Decoration, Pre-case Concrete Elements, Floorings, and Adhesive), by End Use (Residential, Industrial, and Commercial) - Global Opportunity Analysis and Industry Forecast, 2021 – 2030

Industry: Construction & Manufacturing | Publish Date: 11-May-2021 | No of Pages: 214 | No. of Tables: 117 | No. of Figures: 87 | Format: PDF | Report Code : N/A

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Market Definition:

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 an ordinary Portland cement prepared using raw materials such as manganese, iron, copper, titanium and nickel. Its properties such as high degree of whiteness, color consistency, and high blending capacity makes it ideal for sculptures, monuments and various other decorative works. White cement is relatively costlier than gray Portland cement and is commonly used with pigments to produce various pastels and bright colored concrete. It is also widely used for sheathing the uneven surfaces of floors, walls, marble tiles and to set the roof pavers.

Market Dynamics and Trends

Growing infrastructural developments such as construction of roads, flyovers, railway station and monuments are boosting the consumption of white cement globally. Also, growing population, improving standard of living and rising urbanization have increased the demand of housing development thereby, driving the growth of the construction sector. This in turn has resulted in higher demand for construction materials such as white cements panels, boards and cladding material among others.

Moreover, development in the tourism industry and mushrooming hotels, resorts and villas, are increasing demand for aesthetic and decorative applications of white cement, which in turn is expected to propel the market growth during the forecast period.

However, higher price and availability of low-cost substitutes such as plastic and tiles for construction activities are expected to hamper the growth of the white cement market. On the contrary, innovation of new technologies or manufacturing process in order to reduce the cost of white cement may create ample growth opportunities for the white cement market players.

 

Market Segmentations and Scope of the Study:

The global white cement market is segmented on the basis of type, application 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 application, the market is divided into construction decoration, pre-case concrete elements, floorings, and adhesive. 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

The major key player operating the white cement 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. Strategic alliances and innovative product launches are the key strategies adopted by market players to maintain their market dominance.

For instance, in October 20, 2020, JK Cement had increased the capacity of its katani wall putty plant in Madhya Pradesh, from 400,000 t/yr to 700,000 t/yr. Also, in October 2, 2020, Turkey’s Sabanci Holding had announced a joint venture with Çimsa Cement Industry and Trade Inc. to restructure its white cement business. In this new venture Çimsa Cement Industry and Trade Inc. owns 40% share and remaining 60% share is owned by Sabanci Holding.

KEY BENEFITS

  • The white cement market report provides the quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.

  • The study comprises a deep dive analysis of the white cement market trend including the current and future trends for depicting the prevalent investment pockets in the market.

  • The information related to key drivers, restraints and opportunities and their impact on the white cement market is provided in the report.

  • The competitive analysis of the market players along with their market share in the white cement market.

  • The SWOT analysis and Porters Five Forces model is elaborated in the study.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

KEY MARKET SEGMENTS

By Type

  • White Portland Cement

  • White Masonry Cement

  • Others

By End user

  • Residential

  • Commercial

  • Industrial

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

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Analysis Period

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Market Size Estimation

Billion (USD)

Market Segmentation

By Type (White Portland cement, White masonry cement, Others) By End user (Residential, Commercial, Industrial)

Geographical Segmentation

North America (U.S., Canada, Mexico) Europe (Western Europe, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Pakistan, South Korea, Rest of APAC), Latin America (Brazil, Remaining Countries) MEA (Turkey, UAE, Saudi Arabia, Iran, South Africa, Remaining Countries)

Companies Profiled

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.

KEY PLAYERS

  • Adana Cimento Sanayi T.A.S.

  • Cementir Holding Spa

  • Cementos Portland Valderrivas S.A.

  • Cemex S.A.B. De C.V.

  • Cimsa Cement Industry And Trade Inc.

  • Dyckerhoff Gmbh

  • Fars & Khuzestan Cement Co.

  • Saudi White Cement Co.

  • Federal White Cement

  • Heidelbergcement

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Frequently Asked Questions

According to the report published by Next Move Strategy Consulting, the White Cement market business is expected to hit at $14.02 billion (USD) by 2030.

Asia Pacific is expected to hold the highest market share in the global market. The region is expected to witness remarkable growth as it houses the major key players in the market.

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 global White Cement market share analysis is based on type, end use and geography.

Currently (in 2020), the market value stands at USD 7.80 billion and it is anticipated to reach USD 14.02 billion by 2030.

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