Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.7 Billion | USD 7.2 Billion | 6.2% | 2020 |
The global White Cement Market accrued earnings worth approximately 3.7 (USD Billion) in 2021 and is predicted to gain revenue of about 7.2 (USD Billion) by 2028, is set to record a CAGR of nearly 6.2% over the period from 2022 to 2028.
The report offers assessment and analysis of the White Cement Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).
White cement is a kind of fine construction material containing a low proportion of iron oxide and manganese oxide. The product is utilized for ensuring bright & clean and constant finishing for residential constructions and commercial spaces. Apart from this, white cement provides a massive range of color combinations for manufacturing structural concrete and architectural edifices. In addition to this, it also finds a plethora of applications in masonry. Furthermore, the product is also utilized in building bridges, parking structures, and high- rise constructions.
The growth of the white cement industry over the forecast timespan is subject to humungous use of products in new constructions to enhance visual appeal and aesthetic sense of buildings. Apparently, white cement needs low maintenance and is durable. This makes it more preferred in the construction of insulation, mortars, water-tight coatings, and anchorage, thereby driving market trends. In addition to this, surging preference towards white cement due to its heat resistance as well as moisture resistance ability will promulgate scope of growth of white cement market. However, COVID-19 pandemic has severely impacted growth of white cement industry.
Report Attributes | Report Details |
---|---|
Report Name | White Cement Market Research Report |
Market Size in 2021 | USD 3.7 Billion |
Market Forecast in 2028 | USD 7.2 Billion |
Growth Rate | CAGR of 6.2% |
Number of Pages | 210 |
Key Companies Covered | ACC Limited, Federal White Cement Ltd., Ambuja Cements Ltd, Çimsa Çimento Sanayi ve Ticaret AS,Fars & Khuzestan Cement Co., India Cements Ltd, OYAK Adana Cement, Cementos Portland Valderrivas, HEIDELBERGCEMENT AG, Cementir Holding NV, Aditya Birla (Grasim Industries Limited), and JK Cement Ltd. |
Segments Covered | By Grade, By Application, By End-Use and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2020 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Moreover, rapid urbanization and the need for individual housing activities will protrude the expansion of the white cement industry. Surge in funding of city construction ventures and infrastructural development in highways, airports, and railways will drive business landscape.
Key players influencing expansion of white cement market and included in report are ACC Limited, Federal White Cement Ltd., Ambuja Cements Ltd, Çimsa Çimento Sanayi ve Ticaret AS,Fars & Khuzestan Cement Co., India Cements Ltd, OYAK Adana Cement, Cementos Portland Valderrivas, HEIDELBERGCEMENT AG, Cementir Holding NV, Aditya Birla (Grasim Industries Limited), and JK Cement Ltd.
Asia Pacific White Cement Market Revenue To Witness Huge Spike By 2028
Growth of white cement market in Asia Pacific zone over coming six years can be credited to thriving construction industry in region. In addition to this, large-scale investments in commercial infrastructure ventures witnessed across countries such as India, South Korea, Malaysia, and China will prop up progress of white cement market in Asia Pacific sub-continent.
Increasing in purchasing capacity and prominent use of white cement for flooring purpose will augment earnings of Asia Pacific white cement market.
The global White Cement market profiles key players such as:
By Grade
By Application
By End-Use
By Region
FrequentlyAsked Questions
Growth of white cement industry over forecast timespan is subject to humungous use of product in new constructions to enhance visual appeal and aesthetic sense of buildings.
According to Zion market research report, The global White Cement Market accrued earnings worth approximately 3.7 (USD Billion) in 2021 and is predicted to gain revenue of about 7.2 (USD Billion) by 2028, is set to record a CAGR of nearly 6.2% over the period from 2022 to 2028.
Asia Pacific will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to thriving construction industry in region.
The key market participants include ACC Limited, Federal White Cement Ltd., Ambuja Cements Ltd, Çimsa Çimento Sanayi ve Ticaret AS,Fars & Khuzestan Cement Co., India Cements Ltd, OYAK Adana Cement, Cementos Portland Valderrivas, HEIDELBERGCEMENT AG, Cementir Holding NV, Aditya Birla (Grasim Industries Limited), and JK Cement Ltd.
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