Press release
White Cement Market
White Cement Market-DataM Intelligence
The global white cement market was valued at US$ 6.1 billion in 2022 and is projected to increase at a compound annual growth rate (CAGR) of 6.2% to reach US$ 9.8 billion by 2030.
The market for white cement has been steadily growing in recent years, which may be ascribed to a combination of factors including aesthetic tastes and environmental awareness. White cement, which stands out for its exceptional brightness and adaptability, is widely used in the construction industry. Because of its ability to produce aesthetically pleasing surfaces, it is a popular option for both indoor and outdoor applications.
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Market Dynamics:
Focus on Sustainable Construction
The growth of the white cement industry is being significantly impacted by sustainable construction techniques. The need for ecologically friendly and energy-efficient structures is a result of growing environmental consciousness. For a number of reasons, white cement in particular is becoming more popular in sustainable building.
The exceptional reflectance qualities of white cement are essential for reducing the urban heat island effect. White cement is one of the materials that sustainable construction projects are using more and more to increase energy efficiency by reflecting more sunlight and lowering cooling expenses.
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Segmentation Analysis:
White cement market surge driven by the expansion of the residential industry
34.1% of the worldwide market was accounted for by the residential segment. White cement has been a popular building material in recent years due to its use in the completion of modern and avant-garde design residences. The residential sector is one of the main global markets for white cement. The market during the forecast years is anticipated to be driven by rising new residential building construction due to rising middle-class disposable income.
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Cement is a fine mineral powder manufactured with very precise processes. Mixed with water, this powder transforms into a paste that binds and hardens when submerged in water. Because the composition and fineness of the powder may vary, cement has different properties depending upon its makeup.
Cements…
