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Report
Global White Cement Market Report and Forecast 2023-2028
Market Report I 2023-09-16 I 181 Pages I EMR Inc.
Global White Cement Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global white cement market reached a value of USD 5.50 billion in 2022. Aided by the increasing urbanisation and the aesthetic appeal of white cement in construction activities, the market is projected to further grow at a CAGR of 5% between 2023 and 2028 to reach a value of USD 7.37 billion by 2028.
White cement, a variant of the commonly used grey cement, undergoes a meticulous manufacturing process that ensures it retains its brilliant whiteness. Characterised by its pure colour, strength, and durability, white cement finds primary use in architectural and decorative designs. Its applications extend to terrazzo and mosaic tiles, swimming pools, and even in the creation of sculptural artworks. The distinct finish and ability to reflect light make it an attractive option, particularly in modern design concepts that focus on brightness and space.
A significant factor driving the white cement market growth is its increasing popularity in construction activities across urban landscapes. Urbanisation has led to a heightened demand for sophisticated building solutions, wherein white cement, owing to its aesthetic value, becomes a preferred choice. The global trend towards minimalistic and sustainable designs has further amplified the demand, given white cement's properties that assist in energy conservation by reflecting more sunlight compared to its darker counterparts.
Another area witnessing an uptick in the use of white cement is in the making of prefabricated or modular construction elements. As modular construction gains momentum worldwide due to its benefits of reduced construction time and cost-effectiveness, white cement market demand is expected to witness a surge, owing to its uniformity and aesthetic finish, stands out as a product of choice.
The versatility of white cement does not end at construction. In recent years, it has seen increased use in the cosmetic industry. Its compatibility with pigments, combined with its binding properties, makes it a component in some cosmetic products, further broadening its market horizons.
The environmental impacts associated with cement production, which include significant CO2 emissions, have long been a point of contention. However, the white cement industry has been making strides in adopting sustainable production processes. Innovations in carbon capture and utilisation (CCU) technologies are being integrated into manufacturing units, signalling the sector's commitment to a greener future.
Innovations in the sector are expected to augment the global white cement market outlook in the coming years. The development of white cement-based wall putty and the introduction of waterproof and anti-microbial white cements are recent advancements that cater to specific industry needs. Such innovations not only widen the application scope but also add value to the product, making it more appealing to consumers.
Market Segmentation
The market can be divided based on type, application, and region.
Market Breakup by Type
- White Portland Cement
- White Masonry Cement
- Others
Market Breakup by Application
- Residential
- Commercial
- Infrastructure
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global white cement market. Some of the major players explored in the report by Expert Market Research are as follows:
- Cementir Holding N.V.
- Cementos Molins, S.A.
- Buzzi Unicem SpA
- Ultratech Cement Ltd.
- JK Cement Ltd.
- Cimsa Cimento Sanayi ve Ticaret A.S.
- Federal White Cement
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Cement Market Overview
8.1 Key Industry Highlights
8.2 Global Cement Historical Market (2018-2022)
8.3 Global Cement Market Forecast (2023-2028)
8.4 Global Cement Market by Application
8.5 Global Cement Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Global White Cement Market Analysis
9.1 Key Industry Highlights
9.2 Global White Cement Historical Market (2018-2022)
9.3 Global White Cement Market Forecast (2023-2028)
9.4 Global White Cement Market by Type
9.4.1 White Portland Cement
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 White Masonry Cement
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Others
9.5 Global White Cement Market by Application
9.5.1 Residential
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Commercial
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Infrastructure
9.5.3.1 Market Share
9.5.3.2 Historical Trend (2018-2022)
9.5.3.3 Forecast Trend (2023-2028)
9.6 Global White Cement Market by Region
9.6.1 Market Share
9.6.1.1 North America
9.6.1.2 Europe
9.6.1.3 Asia Pacific
9.6.1.4 Latin America
9.6.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
14.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
15 Manufacturing Process
15.1 Detailed Process Flow
15.2 Operations Involved
15.3 Mass Balance
16 Project Details and Cost Analysis
16.1 Land, Location and Site Development
16.2 Construction
16.3 Plant Layout
16.4 Plant Machinery
16.5 Raw Material Requirement
16.6 Packaging
16.7 Transportation
16.8 Utilities
16.9 Manpower
16.10 Other Capital Investment
17 Loans and Financial Assistance
18 Project Economics
18.1 Capital Cost of Project
18.2 Techno-Economic Parameters
18.3 Product Pricing and Margins
18.4 Taxation and Depreciation
18.5 Income Projections
18.6 Expenditure Projections
18.7 Financial Analysis
19 Competitive Landscape
19.1 Market Structure
19.2 Key Players' Market Share
19.3 Company Profiles
19.3.1 Cementir Holding N.V.
19.3.1.1 Company Overview
19.3.1.2 Product Portfolio
19.3.1.3 Demographic Reach and Achievements
19.3.1.4 Financial Summary
19.3.1.5 Certifications
19.3.2 Cementos Molins, S.A.
19.3.2.1 Company Overview
19.3.2.2 Product Portfolio
19.3.2.3 Demographic Reach and Achievements
19.3.2.4 Financial Summary
19.3.2.5 Certifications
19.3.3 Buzzi Unicem SpA
19.3.3.1 Company Overview
19.3.3.2 Product Portfolio
19.3.3.3 Demographic Reach and Achievements
19.3.3.4 Financial Summary
19.3.3.5 Certifications
19.3.4 Ultratech Cement Ltd.
19.3.4.1 Company Overview
19.3.4.2 Product Portfolio
19.3.4.3 Demographic Reach and Achievements
19.3.4.4 Financial Summary
19.3.4.5 Certifications
19.3.5 JK Cement Ltd.
19.3.5.1 Company Overview
19.3.5.2 Product Portfolio
19.3.5.3 Demographic Reach and Achievements
19.3.5.4 Financial Summary
19.3.5.5 Certifications
19.3.6 Cimsa Cimento Sanayi ve Ticaret A.S.
19.3.6.1 Company Overview
19.3.6.2 Product Portfolio
19.3.6.3 Demographic Reach and Achievements
19.3.6.4 Financial Summary
19.3.6.5 Certifications
19.3.7 Federal White Cement
19.3.7.1 Company Overview
19.3.7.2 Product Portfolio
19.3.7.3 Demographic Reach and Achievements
19.3.7.4 Financial Summary
19.3.7.5 Certifications
19.3.8 Others
20 Industry Events and Developments
List of Key Figures and Tables
1. Global Cement Market: Key Industry Highlights, 2018 and 2028
2. Global Cement Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global Cement Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global Cement Historical Market: Breakup by Region (USD Billion), 2018-2022
5. Global Cement Market Forecast: Breakup by Region (USD Billion), 2023-2028
6. Global White Cement Market: Key Industry Highlights, 2018 and 2028
7. Global White Cement Historical Market: Breakup by Type (USD Billion), 2018-2022
8. Global White Cement Market Forecast: Breakup by Type (USD Billion), 2023-2028
9. Global White Cement Historical Market: Breakup by Application (USD Billion), 2018-2022
10. Global White Cement Market Forecast: Breakup by Application (USD Billion), 2023-2028
11. Global White Cement Historical Market: Breakup by Region (USD Billion), 2018-2022
12. Global White Cement Market Forecast: Breakup by Region (USD Billion), 2023-2028
13. North America White Cement Historical Market: Breakup by Country (USD Billion), 2018-2022
14. North America White Cement Market Forecast: Breakup by Country (USD Billion), 2023-2028
15. Europe White Cement Historical Market: Breakup by Country (USD Billion), 2018-2022
16. Europe White Cement Market Forecast: Breakup by Country (USD Billion), 2023-2028
17. Asia Pacific White Cement Historical Market: Breakup by Country (USD Billion), 2018-2022
18. Asia Pacific White Cement Market Forecast: Breakup by Country (USD Billion), 2023-2028
19. Latin America White Cement Historical Market: Breakup by Country (USD Billion), 2018-2022
20. Latin America White Cement Market Forecast: Breakup by Country (USD Billion), 2023-2028
21. Middle East and Africa White Cement Historical Market: Breakup by Country (USD Billion), 2018-2022
22. Middle East and Africa White Cement Market Forecast: Breakup by Country (USD Billion), 2023-2028
23. Major Importing Countries by Volume (2020)
24. Major Exporting Countries by Volume (2020)
25. Major Importing Countries by Value (2020)
26. Major Exporting Countries by Value (2020)
27. North America Historical Price Trends and Forecast 2018-2028
28. Europe Historical Price Trends and Forecast 2018-2028
29. Asia Pacific Historical Price Trends and Forecast 2018-2028
30. Latin America Historical Price Trends and Forecast 2018-2028
31. Middle East and Africa Historical Price Trends and Forecast 2018-2028
32. Global White Cement Market Structure
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