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White Cement Market - Extensive Analysis of the Industry Is Conducted By Product Benchmarking, Positioning, and Monitoring the Top Competitors within the Global Market

02-07-2019 10:50 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

White Cement Market

White Cement Market

The white cement market is expected to reach $ 835 million by 2023, an annual average growth of 3.4% from 2017 to 2023. The residential sector accounted for nearly half of the global market share in 2016.

White cement is widely used as an alternative to gray cement due to its added value properties such as heat reflection and improved aesthetic appearance. Demand for white cement is higher in countries with hotter environmental conditions because more heat is reflected from the white concrete surface produced compared to standard gray concrete.

In addition, it is also used as an easily available concrete material that works well in many applications. Packaging, buildings and other structures. It is also required in the countries of developed countries, which are often used in innovative buildings and the construction of future landmarks. White cement is also used as an integral part of structural design such as high-rise buildings, bridges and parking structures.

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The major companies profiled in the report include
• Cementir Holding
• Cimsa Cimento
• JK Cement
• Cemex
• SOTACIB (65% Cementos Molins)
• Ras Al-Khaimah Company
• Birla White (UltraTech)
• Federal White Cement
• Saveh White Cement Company
• Cementos Portland Valderrivas.

The present world white cement market is growing significantly due to the increase in the main applications of decorative white cement. Market demand has also increased as the tradition of white buildings in countries like Spain and Italy grows. In addition, white cement-based prefabricated products such as tiles and packaging materials help accelerate market growth by effectively helping to save time and labor as the tile industry grows. In addition, the need for buildings with distinctive native architectural styles enhances the production of global white cement. However, the strength of white cement is low compared to ordinary portland cement, which is expected to hinder the market during the forecast period.

The residential sector is expected to account for nearly half of the global market in 2016. Major applications include repair and repair along with tile and white cement based prefabricated products. In addition, white cement use in residential areas includes dry mixes, tiles and floors, railing, handrails and artifacts. Usage, quality, product range and convenience of aesthetics greatly stimulate market growth.

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Key Findings of the White Cement Market:
• In terms of value, the commercial end use segment is anticipated to exhibit the growth rate of 3.7% during the forecast period.
• Asia-Pacific is projected to dominate the global market until 2023, registering a CAGR of 4.6% in terms of value.
• The white Portland cement segment occupied maximum share of the global market in 2016.
• Spain occupied one-fourth share of the Europe white cement market in 2016.
• In terms of value, Denmark is expected to grow at a CAGR of 2.4% from 2017 to 2023.
In 2016, Asia-Pacific accounted for nearly half of the global white cement market, and is expected to continue this trend during the forecast period, owing to the rapid production and consumption of white cements, followed by LAMEA.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

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