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.
- Çimsa Çimento 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.